David L Finkelstein Sells 50,000 ANNALY Shares at $20.79/Share on 2023-08-04.

Annaly Capital Management Inc. has disclosed that Director, CEO, and Co-Chief Investment Officer David L. Finkelstein has sold 50,000 shares at a price of $20.79 per share on August 4, 2023.

July 02, 2025

Annaly Capital Management Inc. (NLY) has disclosed that its Director, CEO, and Co-Chief Investment Officer David L. Finkelstein sold 50,000 shares of the company's stock at a price of $20.79 per share on August 4, 2023. The transaction was executed under a pre-arranged Rule 10b5-1 plan, adopted on May 16, 2024, for tax and estate planning purposes [1].

The sale reduced Finkelstein's direct position by approximately 6%, leaving him with a post-sale direct holding of 743,430 shares, including dividend-equivalent units (DEUs). No derivative transactions were reported, and the filing is a routine Section 16 disclosure, with no earnings or operational data included. The pre-scheduled nature of the sale lessens concerns about adverse insider sentiment, but large disposals by top executives can still be interpreted cautiously by investors. Further insider activity should be monitored for trend confirmation.

Additionally, American Assets Investment Management LLC recently purchased a new stake in Annaly Capital Management Inc. during the first quarter of 2025, valued at approximately $4,152,000 [2]. The fund bought 204,447 shares of the company's stock, making Annaly Capital Management Inc. approximately 1.7% of its investment portfolio. Several other hedge funds also made changes to their positions in Annaly Capital Management Inc. during the same period.

Analysts have issued various ratings and price objectives for Annaly Capital Management Inc. Piper Sandler, JPMorgan Chase & Co., Royal Bank Of Canada, UBS Group, and Keefe, Bruyette & Woods have all made changes to their ratings and price targets for the stock. The company currently has a consensus rating of "Moderate Buy" and an average target price of $20.72, as of July 2025 [2].

References:

[1] https://www.stocktitan.net/sec-filings/GEVO/144-gevo-inc-sec-filing-b7a84bec24e9.html
[2] https://www.marketbeat.com/instant-alerts/filing-american-assets-investment-management-llc-invests-415-million-in-annaly-capital-management-inc-nysenly-2025-07-31/