New insider activity at CTO Realty Growth ( (CTO) ) has taken place on April 26, 2025.
Daniel Earl Smith, the Senior Vice President, General Counsel, and Corporate Secretary of CTO Realty Growth, has made a significant investment by purchasing 1,000 shares of the company’s stock. This transaction is valued at $16,000, reflecting a strong vote of confidence in the company’s future prospects.
Recent Updates on CTO stock
CTO Realty Growth recently completed a strategic financial transaction involving the exchange of $35.2 million in Convertible Senior Notes for common stock and cash. This move reduced the outstanding principal amount of the Notes to $15.8 million, which will be settled in cash by mid-April 2025. The transaction is part of CTO’s financial management strategy, potentially impacting its financial obligations and stakeholder interests. Despite these developments, the stock’s year-to-date price performance is modest at 0.67%, with a technical sentiment signal indicating a strong sell.
Spark’s Take on CTO Stock
According to Spark, TipRanks’ AI Analyst, CTO is a Neutral.
CTO Realty Growth demonstrates strong revenue growth and cash flow management, reflected in a solid earnings call performance with record core FFO growth. However, challenges such as profitability issues and technical indicators showing mixed signals weigh down the score. The high dividend yield offers a silver lining for investors seeking income, but valuation concerns due to a negative P/E ratio remain.
To see Spark’s full report on CTO stock, click here.
More about CTO Realty Growth
YTD Price Performance: -6.84%
Average Trading Volume: 346,052
Technical Sentiment Signal: Hold
Current Market Cap: $592.5M