New insider activity at AFC Gamma ( (AFCG) ) has taken place on September 8, 2025.
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Director Leonard Tannenbaum has made a significant investment in AFC Gamma by purchasing 79,665 shares, valued at $363,272. Similarly, CEO Daniel Neville has also shown confidence in the company by acquiring 12,388 shares, amounting to $55,002.
Recent Updates on AFCG stock
AFC Gamma, Inc. has recently announced its Q2 earnings, revealing both strategic initiatives and financial challenges. The company plans to convert from a Real Estate Investment Trust (REIT) to a Business Development Company (BDC), aiming to diversify its investment portfolio and capitalize on growth opportunities beyond real estate. This conversion is expected to enable lending to operators without real estate coverage, potentially enhancing growth prospects. Additionally, AFC expanded its senior secured revolving credit facility, providing more financial flexibility. However, these positive developments are countered by financial difficulties, including a GAAP net loss of $13.2 million, underperforming loans, and increased credit reserves, reflecting the challenges in the cannabis market. The potential rescheduling of cannabis could improve capital availability and recovery rates for troubled loans, which may benefit AFC’s financial position. Despite these efforts, the company’s financial struggles have led to a downgrade by Alliance Global Partners, citing ongoing credit challenges and market volatility as key concerns.
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: -40.98%
Average Trading Volume: 254,621
Technical Sentiment Signal: Sell
Current Market Cap: $103.5M