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Eagle Point Credit Management LLC, a ten percent owner of ACRES Commercial Realty Corp (NASDAQ:ACR), sold 10,761 shares of the company’s 7.875% Series D Preferred Stock between September 12 and September 16, 2025. The sales were executed at a price of $22.57 per share, totaling $242,875. The transaction comes as ACRES, currently valued at $147 million, trades at a modest 0.35 times book value. According to InvestingPro analysis, the stock appears slightly undervalued based on its Fair Value model.
Specifically, the transactions included the sale of 310 shares on September 12, followed by 389 shares on September 15, and a final sale of 10,062 shares on September 16. The price for the September 16 sale ranged from $22.55 to $22.60
Eagle Point Credit Management LLC also indirectly holds 1,177,060 shares of Common Stock, $0.001 par value, and 393,646 shares of 8.625% Series C Preferred Stock of ACRES Commercial Realty Corp. For deeper insights into insider trading patterns and comprehensive financial analysis, including 10+ additional ProTips, visit InvestingPro.
In other recent news, Acres Commercial Realty Corp reported its second-quarter 2025 earnings, revealing a notable shortfall in earnings per share (EPS) compared to market expectations. The company posted an EPS of -$0.10, significantly below the anticipated $0.18, resulting in a negative surprise of 155.56%. Despite this earnings miss, JMP Securities has maintained its Market Outperform rating for Acres Commercial Realty. The firm has also raised its price target for the company to $23.00 from $22.00, citing an opportunistic approach to new loans and expectations for net portfolio growth in the second half of the year. Previously, JMP Securities had reiterated a $22.00 price target, highlighting a potential upside of approximately 15% from current levels. These developments reflect the firm’s confidence in Acres Commercial Realty’s future performance despite the recent earnings miss.
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