On May 01, 2024, Director Mark Biderman sold 15,000 shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI), as reported in a recent SEC filing. The transaction was conducted at $10 per share.
Apollo Commercial Real Estate Finance Inc is a real estate investment trust that originates, acquires, invests in, and manages primarily commercial first mortgage loans, subordinated loans, commercial mortgage securities, and other commercial real estate related debt investments.
The insider selling is part of a wider trend that the company has seen more insider purchases than sales in the past year. Specifically, there have been 7 insider sales compared to just 1 purchase in that period.
Over the past year, Mark Biderman has sold a total of 25,000 shares of the company's stock and has not bought any shares.
Apollo Commercial Real Estate Finance's shares traded for $10 a share on the day of the sale, giving the company a market capitalization of approximately $1.44 billion.
According to GF Value, the stock is currently moderately undervalued at a price-to-GF Value ratio of 0.83, based on a GF Value of $12.01.GF Value is calculated by taking into account historical multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio and price-to-free cash flow, as well as GuruFocus adjustment factors and analyst estimates of future earnings.
Apollo Commercial Real Estate Finance Inc (ARI) insider sales
Apollo Commercial Real Estate Finance Inc (ARI) insider sales
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