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Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC, both identified as ten percent owners of ACRES Commercial Realty Corp (NASDAQ:ACR), have sold a combined total of 10,730 shares of the company’s 7.875% Series D Preferred Stock. The sales, which occurred between September 9 and September 11, 2025, generated approximately $241,366. According to InvestingPro data, ACR currently trades at $21.16 with a market capitalization of $150 million, and analysis suggests the stock is currently undervalued.
The shares were sold in multiple transactions within a price range of $22.43 to $22.52. Specifically, 1,643 shares were sold on September 9, 3,142 shares on September 10, and 5,945 shares on September 11.
Following these transactions, Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC still indirectly hold 781,067 shares of 7.875% Series D Preferred Stock, as well as 1,177,060 shares of Common Stock, $0.001 par value and 393,646 shares of 8.625% Series C Preferred Stock.
In other recent news, Acres Commercial Realty Corp reported its second-quarter 2025 earnings, which fell short of market expectations. The company posted an earnings per share (EPS) of -$0.10, significantly missing the forecasted $0.18, resulting in a negative surprise of 155.56%. Despite this earnings miss, JMP Securities raised its price target for Acres Commercial Realty from $22.00 to $23.00, maintaining a Market Outperform rating. The firm attributed this increase to the company’s opportunistic approach to new loans and anticipated net portfolio growth in the latter half of the year. Previously, JMP Securities had reiterated a Market Outperform rating with a $22.00 price target, noting the potential upside and valuation at 0.79 times current book value. These developments highlight the mixed reactions from analysts and investors following the earnings announcement.
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