Dynex Capital CFO Michael Sartori buys $10,700 in shares

Michael Andrew Sartori, Chief Financial Officer of DYNEX CAPITAL INC (DX), acquired common stock in the company on October 20, 2026, according to a recent SEC filing.

Mr. Sartori purchased 1,000 shares of DYNEX CAPITAL INC common stock at a price of $10.70 per share. The total value of this transaction amounted to $10,700. The purchase came near the stock’s 52-week low of $10.31, with shares currently trading at $10.96. According to an InvestingPro tip, the company pays a significant dividend to shareholders, currently yielding 19.32%.

Following this acquisition, Mr. Sartori directly holds 36,579 shares of DYNEX CAPITAL INC common stock. This total includes unvested restricted stock and restricted stock units. InvestingPro analysis indicates the stock is currently undervalued relative to its Fair Value, placing it among opportunities on the platform’s most undervalued stocks list. Investors seeking deeper insights can access DX’s comprehensive Pro Research Report, one of 1,400+ available reports that transform complex data into actionable intelligence.

In other recent news, Dynex Capital reported disappointing third-quarter 2026 earnings, missing Wall Street expectations. The company posted adjusted earnings of -$1.34 per share, significantly below the forecasted $0.39 per share. Revenue also fell short, coming in at $101.56 million compared to the expected $112.54 million. The decline in earnings and revenue was attributed to rising rates and wider mortgage spreads, which negatively impacted the company’s book value. The book value per common share dropped 15.4% during the quarter, decreasing from $12.90 to $10.91. Despite these challenges, Keefe, Bruyette & Woods reiterated their Outperform rating on Dynex Capital, maintaining a price target of $12.50. The firm also raised its earnings available for distribution estimates for the years 2026 through 2028, projecting economic returns of approximately 18-20% through 2028. These developments are part of the ongoing financial narrative surrounding Dynex Capital.