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Stock impact report

Co-Founder & Executive Chairman of AFC Gamma Leonard Tannenbaum Buys 1.6% More Shares [Yahoo! Finance]

AFC Gamma, Inc. (AFCG) 
Company Research Source: Yahoo! Finance
Chairman of the company, who spent a stonking US$708k on stock at an average price of US$12.04. There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 1.6%. See our latest analysis for AFC Gamma AFC Gamma Insider Transactions Over The Last Year In fact, the recent purchase by Leonard Tannenbaum was the biggest purchase of AFC Gamma shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of US$12.09 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider bought shares at close to current prices. Leonard Tannenbaum was the only individual insider to buy during Show less Read more
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