AFC Gamma (NASDAQ:AFCG) Director Leonard Tannenbaum Acquires 14,366 Shares

March 26, 2026 by InsiderTrades.com

Key Points

Director Leonard Tannenbaum bought 115,237 shares at an average $2.55 on March 20 (~$293,854), raising his stake to about 6.31M shares; across Mar 20/23/24 he bought ~174,517 shares (~$447k) and increased his holding to ~6.37M shares.
AFC Gamma reported quarterly EPS of -$0.12 (missing the $0.06 estimate) while revenue beat at $8.71M vs. $5.36M; the company has a market cap of roughly $61.4M and a 52‑week range of $2.06–$6.38.
The board declared a $0.05 quarterly dividend (annualized $0.20, ~7.7% yield), but analyst sentiment is negative with an average rating of "Sell" and a $4.50 target following recent downgrades.

AFC Gamma Inc. (NASDAQ:AFCG - Get Free Report) Director Leonard Tannenbaum acquired 14,366 shares of the firm's stock in a transaction on Monday, March 23rd. The shares were acquired at an average price of $2.59 per share, with a total value of $37,207.94. Following the completion of the transaction, the director directly owned 6,328,192 shares in the company, valued at approximately $16,390,017.28. This trade represents a 0.23% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

AFC Gamma Stock Performance

Shares of AFCG opened at $2.61 on Thursday. The company's 50 day moving average price is $2.42 and its 200 day moving average price is $3.02. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.45 and a current ratio of 3.45. AFC Gamma Inc. has a 52 week low of $2.06 and a 52 week high of $6.38. The company has a market capitalization of $61.41 million, a PE ratio of -2.75 and a beta of 1.02.

AFC Gamma (NASDAQ:AFCG - Get Free Report) last posted its quarterly earnings results on Wednesday, March 4th. The company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by ($0.18). AFC Gamma had a positive return on equity of 0.99% and a negative net margin of 70.17%.The company had revenue of $8.71 million during the quarter, compared to analyst estimates of $5.36 million. Research analysts expect that AFC Gamma Inc. will post 1.64 EPS for the current fiscal year.

AFC Gamma Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.05 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.20 annualized dividend and a dividend yield of 7.7%. AFC Gamma's dividend payout ratio is -55.79%.

Key Headlines Impacting AFC Gamma

Here are the key news stories impacting AFC Gamma this week:

Positive Sentiment: Director Leonard M. Tannenbaum bought additional AFCG stock across three transactions (Mar 20, 23, 24), acquiring about 174,517 shares for roughly $447k total and raising his stake to ~6.37M shares (≈$16.5M). Insider purchases often signal confidence from management and can be supportive for the share price. SEC Form 4
Neutral Sentiment: Short-interest data is inconsistent: a reliable report (as of Mar 13) showed short interest of 1,745,983 shares (≈9.9% of shares; days-to-cover ~5.7), which fell from late Feb levels — a positive for price stability — but multiple automated March 24 snapshots report 0 shorted shares (likely a data glitch). The conflicting feeds create uncertainty until exchanges/registrars confirm updated numbers.

Analysts Set New Price Targets

AFCG has been the topic of several analyst reports. Zacks Research downgraded AFC Gamma from a "hold" rating to a "strong sell" rating in a report on Thursday, March 5th. Weiss Ratings reissued a "sell (d)" rating on shares of AFC Gamma in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, AFC Gamma presently has an average rating of "Sell" and an average target price of $4.50.

Check Out Our Latest Report on AFC Gamma

About AFC Gamma

(Get Free Report)

AFC Gamma, Inc is a specialty finance real estate investment trust that focuses on providing structured financing solutions to companies operating and developing digital infrastructure and life science real estate assets. As a REIT, AFC Gamma seeks to generate attractive risk-adjusted returns through a diversified portfolio of loans, preferred equity and other financing structures that are secured by tangible property collateral or contractual revenue streams.

The company's primary business activities include originating, acquiring and managing secured loans and equity investments that support wireless and broadband network deployment, data center expansion, and life sciences facility development.