Bryan Donohoe, CEO of Ares Commercial Real Estate Corp (NYSE:ACRE), executed a sale of 18,868 shares in the company on January 30, 2024, according to a recent SEC Filing. This transaction has been part of a series of sales by the insider over the past year, with a cumulative total of 18,868 shares sold and no shares purchased.
Ares Commercial Real Estate Corporation is a specialty finance company primarily engaged in originating and investing in commercial real estate loans and related investments. The company provides a range of financing solutions for the real estate industry, including senior mortgage loans, subordinated debt, preferred equity, and other forms of real estate financing.
The insider transaction history at Ares Commercial Real Estate Corp indicates a trend of 0 insider buys and 2 insider sells over the past year.
On the date of the insider’s recent transaction, shares of Ares Commercial Real Estate Corp were trading at $10.32, resulting in a market capitalization of $518.667 million.
The stock’s price-earnings ratio stands at 159.67, which is above both the industry median of 18.07 and the companys historical median price-earnings ratio.
Ares Commercial Real Estate Corp’s stock, with a price of $10.32 and a GuruFocus Value of $9.63, has a price-to-GF-Value ratio of 1.07, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
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