AFC Gamma Executives Make Bold Moves with Major Stock Purchases

AFC Gamma executives have made significant stock purchases, with CEO Daniel Neville acquiring 10,000 shares, President and CIO Robyn Tannenbaum investing in 6,000 shares, and Director Leonard Tannenbaum buying 375,147 shares. This insider activity highlights confidence in the company's future prospects. Despite challenges, AFC Gamma is shifting from a mortgage REIT to a business development company to diversify its investments and capitalize on high-growth opportunities.

AFC Gamma Inc. (NASDAQ:AFCG) has seen significant insider buying activity, with key executives demonstrating confidence in the company's future prospects. CEO Daniel Neville acquired 10,000 shares, President and CIO Robyn Tannenbaum invested in 6,000 shares, and Director Leonard Tannenbaum purchased 375,147 shares. This activity highlights a positive outlook on AFC Gamma's potential.

The purchases occurred over multiple dates, with Neville buying shares on August 25, 2025, at a weighted average price of $4.04 per share, Tannenbaum acquiring shares on August 22 and 25, 2025, at $4.12 per share, and Leonard Tannenbaum buying shares on August 22, 25, and 26, 2025, at prices ranging from $4.03 to $4.17 per share [3].

AFC Gamma is transitioning from a mortgage REIT to a business development company (BDC), aiming to diversify its investments and capitalize on high-growth opportunities. This strategic shift is designed to enhance the company's financial stability and growth prospects.

The insider buying activity is notable given the recent financial challenges faced by AFC Gamma. The company reported a net loss of $(13.2) million for the second quarter of 2025, with a distributable earnings loss of $0.60 per share [2]. Despite these setbacks, the executives' confidence in the company's future is evident through their increased ownership stakes.

Analysts have mixed opinions on AFC Gamma. Alliance Global Partners lowered the stock from a "buy" rating to a "hold" rating, setting a $4.50 target price. However, one analyst maintains a "Strong Buy" rating, and three analysts have assigned a "Hold" rating to the stock, with an average rating of "Moderate Buy" and a consensus target price of $5.75 [1].

The company's financials show a market capitalization of $92.6 million, an enterprise value of $188.5 million, and a net debt of $95.9 million. The company's cash position stands at $3.4 million, with a total of 22.6 million shares outstanding [2].

References:
[1] https://www.insidertrades.com/alerts/nasdaq-afcg-insider-buying-and-selling-2025-08-27/
[2] https://aktien.guide/aktien/AFC-Gamma-Inc-US00109K1051
[3] https://www.tradingview.com/news/tradingview:5b0621c10925a:0-executives-at-advanced-flower-capital-make-significant-stock-purchases/