Alpine Income Property Trust, Inc. (PINE) recently disclosed that its largest shareholder, CTO Realty Growth, Inc., has engaged in significant share purchases. Specifically, on August 1, 2025, CTO Realty Growth acquired 17,733 shares at a price of $14.11 per share, while on August 4, 2025, it purchased 12,757 shares at $14.35 per share. Furthermore, on August 5, 2025, the company acquired an additional 9,090 shares at $14.33 per share. These transactions demonstrate CTO Realty Growth's ongoing commitment to its investment in Alpine Income Property Trust.
CTO Realty Growth, Inc. has continued its investment in Alpine Income Property Trust, Inc. (PINE) by acquiring additional shares. On August 1, 2025, CTO Realty Growth purchased 17,733 shares at $14.11 per share, followed by an acquisition of 12,757 shares at $14.35 per share on August 4, 2025. On August 5, 2025, the company acquired an additional 9,090 shares at $14.33 per share [1].
These transactions follow CTO Realty Growth's earlier purchases of Alpine Income Property Trust shares between July 29 and July 31, 2025. During this period, CTO Realty Growth acquired 25,326 shares on July 29, 23,334 shares on July 30, and 20,841 shares on July 31, totaling $990,360 in investments [2].
The latest acquisitions bring CTO Realty Growth's total ownership of Alpine Income Property Trust shares to 935,703 directly owned shares and 272,419 indirectly owned shares through its subsidiary, CTO TRS Crisp39 LLC. The purchases were made pursuant to a Rule 10b5-1 trading plan adopted by CTO Realty Growth on July 28, 2025 [1].
Alpine Income Property Trust Inc. recently reported its Q2 2025 earnings, revealing a mixed performance. The company experienced a significant earnings per share (EPS) miss, posting an EPS of -$0.12 compared to the expected -$0.03, which represents a 300% negative surprise. However, the company achieved a revenue of $14.86 million, exceeding forecasts by 3.7%. Despite the EPS miss, the revenue beat indicates strong sales performance [2].
Investors may find interest in the revenue growth, even as the EPS fell short of expectations. The contrasting earnings and revenue outcomes highlight the company’s current financial dynamics.
References:
[1] https://www.investing.com/news/insider-trading-news/cto-realty-growth-buys-alpine-income-property-trust-pine-shares-93CH-4164903
[2] https://ca.investing.com/news/insider-trading-news/cto-realty-growth-buys-alpine-income-property-trust-pine-shares-93CH-4131097
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