New insider activity at AFC Gamma ( (AFCG) ) has taken place on September 3, 2025.
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Director Leonard Tannenbaum recently made a significant investment in AFC Gamma by purchasing 72,957 shares of the company’s stock. This transaction is valued at $330,525, showcasing Tannenbaum’s confidence in the company’s future prospects.
Recent Updates on AFCG stock
AFC Gamma, Inc. recently held its Q2 earnings call, revealing a mixed outlook with strategic advancements and financial challenges. The company announced plans to convert from a Real Estate Investment Trust (REIT) to a Business Development Company (BDC) to broaden its investment scope beyond real estate, potentially enhancing growth opportunities. Additionally, AFC expanded its senior secured revolving credit facility to increase financial flexibility. However, these positive steps were overshadowed by a GAAP net loss of $13.2 million, underperforming loans, and increased credit reserves, reflecting ongoing difficulties in the cannabis market. These financial struggles, alongside the potential rescheduling of cannabis, were key factors in Alliance Global Partners’ decision to downgrade AFC Gamma’s stock rating. The company’s reliance on commercial mortgage loans and real estate investments, coupled with market volatility and tenant performance issues, further compounds its business risks.
Spark’s Take on AFCG Stock
According to Spark, TipRanks’ AI Analyst, AFCG is a Neutral.
AFC Gamma’s overall stock score is primarily influenced by its financial performance challenges, including no revenue in 2024 and increased leverage. The technical analysis suggests short-term positive momentum, but caution is advised due to potential bearish trends. The valuation is mixed, with a high dividend yield but a negative P/E ratio indicating financial distress. While corporate events like the credit facility expansion are positive, they do not significantly offset the financial and valuation concerns.
To see Spark’s full report on AFCG stock, click here.
More about AFC Gamma
YTD Price Performance: -42.14%
Average Trading Volume: 247,349
Technical Sentiment Signal: Sell
Current Market Cap: $105.3M