A Director Boosts His Stake 58% in a Beaten-Down Mortgage REIT
Michael Fierman just added $290,511 to Angel Oak Mortgage REIT, a company that buys non-qualified first-lien mortgage loans, and that check bumped his position 58%. The stock is about as washed out as it's been all year, RSI at 24 and MFI down near 10, with price sitting right at the $7.34 support shelf. That's the fuel here. The problem is the tape. Mortgage REITs are getting hit on rate sensitivity across the board, every timeframe reads sell, and prior insider buys on this name have only worked about a quarter of the time at 30 days before evening out to a coin flip by 90. The washout plus the broad market holding above its trend gives it a real setup, but you're fighting the sector and the trend, so treat this as a patient contrarian bet, not a chase.
The Filing
| Ticker | AOMR |
| Company | Angel Oak Mortgage REIT, Inc. |
| Insider | Michael Fierman, Director |
| Buy amount | $290,511 |
| Filing date | September 28, 2026 |
| Conviction | Favorable · 65/100 |
| Setup type | Contrarian Setup |
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