Alpine Income Property Trust (NYSE:PINE) Director Andrew Richardson Sells 3,000 Shares

Alpine Income Property Trust, Inc. (NYSE:PINE) Director Andrew Richardson sold 3,000 shares of Alpine Income Property Trust stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $19.35, for a total transaction of $58,050.00. Following the sale, the director owned 14,376 shares of the company’s stock, valued at approximately $278,175.60. The trade was a 17.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Alpine Income Property Trust Price Performance

Shares of PINE stock traded down $0.20 during midday trading on Monday, reaching $19.16. 148,655 shares of the company traded hands, compared to its average volume of 180,299. The firm’s 50 day simple moving average is $19.07 and its two-hundred day simple moving average is $17.76. Alpine Income Property Trust, Inc. has a 1-year low of $13.10 and a 1-year high of $20.80. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.45 and a quick ratio of 2.45. The firm has a market cap of $316.69 million, a PE ratio of -212.91, a price-to-earnings-growth ratio of 1.29 and a beta of 0.56.

Alpine Income Property Trust (NYSE:PINE) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). Alpine Income Property Trust had a net margin of 1.09% and a return on equity of 0.25%. The company had revenue of $18.41 million for the quarter, compared to analyst estimates of $17.62 million. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. On average, equities research analysts expect that Alpine Income Property Trust, Inc. will post 2.15 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Sound Income Strategies LLC raised its holdings in Alpine Income Property Trust by 8.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,216,494 shares of the company’s stock valued at $21,349,000 after acquiring an additional 90,320 shares during the last quarter. Vanguard Group Inc. raised its holdings in Alpine Income Property Trust by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 772,504 shares of the company’s stock valued at $10,946,000 after acquiring an additional 5,681 shares during the last quarter. Heartland Advisors Inc. raised its holdings in Alpine Income Property Trust by 25.1% in the 3rd quarter. Heartland Advisors Inc. now owns 692,400 shares of the company’s stock valued at $9,811,000 after acquiring an additional 138,770 shares during the last quarter. Invesco Ltd. grew its stake in shares of Alpine Income Property Trust by 1,344.2% during the 4th quarter. Invesco Ltd. now owns 441,935 shares of the company’s stock valued at $7,389,000 after buying an additional 411,334 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Alpine Income Property Trust by 5.8% during the 2nd quarter. Geode Capital Management LLC now owns 327,734 shares of the company’s stock valued at $4,822,000 after buying an additional 17,947 shares during the period. 60.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PINE has been the subject of a number of analyst reports. Truist Financial boosted their price target on Alpine Income Property Trust from $18.00 to $21.00 and gave the stock a “hold” rating in a report on Wednesday, February 18th. JonesTrading reissued a “buy” rating and issued a $22.00 price target on shares of Alpine Income Property Trust in a report on Friday, April 24th. Wall Street Zen raised Alpine Income Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Cantor Fitzgerald raised Alpine Income Property Trust to a “strong-buy” rating in a report on Wednesday, February 4th. Finally, B. Riley Financial reissued a “buy” rating on shares of Alpine Income Property Trust in a report on Thursday, February 5th. Three investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $20.36.

Alpine Income Property Trust Company Profile

Alpine Income Property Trust, Inc is a publicly traded real estate investment trust that specializes in acquiring, owning and managing single-tenant net lease properties. The company focuses on sale-leaseback and build-to-suit transactions with food and beverage companies, targeting facilities that support production, distribution and processing operations. By structuring long-term, triple-net leases, Alpine Income Property Trust seeks to deliver stable, predictable cash flow while allowing tenants to unlock capital from real estate assets and reinvest in their core businesses.

The company’s portfolio is diversified across multiple U.S.