On November 14, 2024, Director Andrew Richardson sold 1,000 shares of Alpine Income Property Trust Inc (PINE, Financial) at a price of $17.76 per share. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 20,143 shares of the company.
Alpine Income Property Trust Inc is a publicly traded real estate investment trust that owns and operates a portfolio of single-tenant commercial properties. These properties are primarily located in major metropolitan areas in the United States.
Over the past year, Andrew Richardson has engaged in multiple transactions involving the company's stock. The insider has sold a total of 2,000 shares and has not purchased any shares.
The insider transaction history for Alpine Income Property Trust Inc shows a pattern of more insider buys than sells over the past year, with 7 insider buys and 3 insider sells recorded.
Shares of Alpine Income Property Trust Inc were trading at $17.76 on the day of the sale, giving the company a market cap of approximately $252.06 million. The price-earnings ratio of the stock stands at 80.27, significantly above both the industry median and the company's historical median.
According to the GF Value, the intrinsic value estimate for Alpine Income Property Trust Inc is $18.92 per share, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 0.94.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
