Apollo Commercial Real Estate Finance Inc (ARI) Holds Insider Sale Event

Director Mark Biderman of Apollo Commercial Real Estate Finance Inc (NYSE:ARI) made headlines on May 1, 2024, as he sold 15,000 shares of the company at a price of $10 per share, according to a recent SEC filing.

Apollo Commercial Real Estate Finance Inc is a real estate investment trust that focuses on originating, acquiring, and managing commercial real estate-related debt investments. The company has seen more insider selling than buying over the past year, with 7 insider sells and only 1 insider buy reported during this period.

Mark Biderman has been actively selling shares of the company over the past year, with a total of 25,000 shares sold and no shares purchased. The sale occurred when the shares were trading at $10, giving the company a market cap of approximately $1.44 billion.

According to GF Value, the stock is currently considered modestly undervalued with a price-to-GF-Value ratio of 0.83, based on a GF Value of $12.01. This valuation takes into account historical multiples and future business performance estimates from analysts.

The news of Director Mark Biderman’s sale of shares in Apollo Commercial Real Estate Finance Inc has sparked interest among investors and analysts, as they closely monitor the company’s financial performance and insider transactions.