Stock market today: Stocks fall as investors rotate out of tech into Jackson Hole
John Scott Emrich, a director at ArrowMark Financial Corp. (NASDAQ:BANX), recently sold 500 shares of the company’s common stock. The sale, executed on February 19, 2025, was completed at a price of $21.20 per share, totaling $10,600. The stock currently trades at $20.99, with a market capitalization of $149.4 million and an attractive dividend yield of 11.7%. Following this transaction, Emrich holds approximately 5,724 shares directly. This move is part of Emrich’s recent trading activities and reflects his current stake in the company. ArrowMark Financial, formerly known as StoneCastle Financial Corp., is based in Denver, Colorado. The company maintains a P/E ratio of 8.0 and boasts a "GREAT" financial health score according to InvestingPro. Investors should note the company’s upcoming earnings report scheduled for March 6, 2025.
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