PINE Insider Andrew Richardson Sells $57K of Stock

Andrew Richardson sold 2,832 shares of Alpine Income Property Trust, Inc. (NYSE: PINE) on June 25, 2026. The shares were sold at an average price of $19.96, totaling approximately $56,526.72. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at Alpine Income Property Trust, Inc.

Richardson has been active recently, selling 1,500 shares on May 26, 2026, at $19.39 per share, and 500 shares on May 22, 2026, at $18.87. He also sold 3,000 shares on May 8, 2026, at $19.35. Meanwhile, Rachel Elias Wein and Brenna Andrea Wadleigh made purchases on April 1, 2026, buying 932 and 1,598 shares, respectively, at $18.77 each.

Other Institutional Activity in Alpine Income Property Trust

Sound Income Strategies, LLC reduced its holdings by 6,736 shares, ending with 1,209,758 shares valued at $21,945,017, a 0.6% decrease. BlackRock, Inc. trimmed its position by 207,227 shares, holding 1,057,730 shares worth about $19,039,140, a 16.4% decrease. Vanguard Capital Management LLC opened a new position with 618,986 shares valued at $11,141,748. Two Sigma Investments, LP increased its stake by 451,795 shares, totaling 602,470 shares valued at $10,844,460, a 299.8% increase.

Alpine Income Property Trust, Inc. Stock Up 17.3%

Shares of NYSE:PINE traded near $20.79 on Sunday. Alpine Income Property Trust has a market cap of approximately $343.5 million and a forward P/E ratio of 42.71, indicating expectations for future profitability. The company's beta is 0.589, suggesting lower volatility compared to the market. The stock has traded between $13.10 and $21.20 over the past 52 weeks, with a 50-day moving average of $19.46 and a 200-day moving average of $17.56.

Recent Earnings

Alpine Income Property Trust reported revenue of $64.73 million, reflecting a growth rate of 29.6%. However, the company has a net margin of just 1.1% and a return on equity of 0.25%. Its earnings per share (EPS) was negative at -$0.08, indicating the company is not currently profitable. The next earnings announcement is scheduled for July 23, 2026.

Dividend

The company pays an annual dividend of $1.17 per share, yielding 5.63%. The dividend payout ratio is a conservative 14%, indicating the company retains most of its earnings for growth or other purposes.

Analysts Set New Price Targets

On May 21, 2026, Truist Securities maintained a 'hold' rating with a $20 price target. Jones Trading, on April 24, 2026, maintained a 'buy' rating and set a $22 target. Raymond James upgraded the stock to a 'buy' on March 17, 2026, with a $22 target. The consensus among 11 analysts is a 'buy' rating, with an average target price of $21.09.

About Alpine Income Property Trust

Alpine Income Property Trust, Inc. is a real estate investment trust based in Winter Park, Florida. It focuses on owning and managing single-tenant, net-leased commercial properties, primarily leased to creditworthy tenants. The company also invests in commercial loan portfolios to enhance its income. Founded in 2019, Alpine aims to provide attractive risk-adjusted returns and regular cash dividends to its investors.

Bottom Line

Andrew Richardson's recent stock sales are part of a series of insider transactions at Alpine Income Property Trust. Investors often watch insider activity for clues about a company's prospects. However, these trades are not necessarily indicative of future performance. The company's stock performance and analyst ratings suggest a mixed outlook, with some expecting growth and others urging caution.