Angel Oak Mortgage REIT director Fierman acquires $290,510 in stock

Michael Fierman, a key director and 10% shareholder of Angel Oak Mortgage REIT (NASDAQ: AOMR), increased his stake on September 25, 2026. The Tennessee native acquired 38,726 shares of the company's common stock at an average price of $7.50 per share, amounting to a total investment of $290,510. This acquisition brings Fierman's ownership to 105,247 shares.

Angel Oak Mortgage REIT's shares are currently trading around $7.37, near a 52-week low of $7.34. The company boasts a high dividend yield of approximately 17% and a low P/E ratio of 9.83. For a more detailed analysis, InvestingPro provides comprehensive insights, including Fair Value estimates and ProTips. Additionally, 315,000 shares are indirectly held by Falcons I, LLC, with Angel Oak Asset Management Holdings, LLC as the sole member.

Fierman holds a 20.45% stake in Angel Oak Asset Management Holdings, LLC, potentially making him a beneficial owner of the shares held by Falcons I, LLC, though he disclaims beneficial ownership beyond his financial interest. Despite a recent earnings miss, the company reported an increase in GAAP net income and distributable earnings in its latest quarter.