Andrew Richardson Sells Shares of PINE
Andrew Richardson sold 2,832 shares of PINE on June 25, 2026.
Key Points
- Andrew Richardson sold 2,832 shares of PINE on June 25, 2026, at an average price of $19.96 per share.
- PINE shares traded near $20.79 on Saturday, with notable institutional activity including BlackRock reducing its stake by 16.4%.
- Analysts from Truist Securities and Jones Trading have maintained their ratings, with price targets of $20.0 and $22.0, respectively.
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Andrew Richardson sold 2,832 shares of PINE on June 25, 2026, at an average price of $19.96 per share, totaling $56,526.72. This transaction was not part of a pre-arranged trading plan.
Insider Buying and Selling at Alpine Income Property Trust, Inc.
Andrew Richardson has been active in trading PINE shares recently. On June 25, he sold 2,832 shares at $19.96 each. Earlier, on May 26, he sold 1,500 shares at $19.39, and on May 22, he sold 500 shares at $18.87. On May 8, Richardson sold 3,000 shares at $19.35. Additionally, on April 1, Rachel Elias Wein and Brenna Andrea Wadleigh bought shares at $18.77 each.
Other Institutional Activity in PINE
Institutional investors have been adjusting their positions in PINE. Sound Income Strategies, LLC reduced its holdings by 6,736 shares, leaving it with 1,209,758 shares valued at about $21.95 million. BlackRock, Inc. cut its stake by 207,227 shares, now holding 1,057,730 shares worth approximately $19.04 million. Vanguard Capital Management LLC opened a new position with 618,986 shares valued at $11.14 million. Two Sigma Investments, LP significantly increased its stake by 451,795 shares, reaching 602,470 shares valued at $10.84 million. Heartland Advisors Inc decreased its holdings by 32,400 shares, now holding 431,920 shares valued at about $7.77 million.
Alpine Income Property Trust, Inc. Stock Up 6.5%
Shares of PINE traded near $20.79 on Saturday. The stock has seen various institutional activities recently, with a market cap and other financial details not provided. Investors are keeping an eye on analyst ratings and institutional movements.
$PINE stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On May 21, 2026, Truist Securities maintained its hold rating on PINE with a price target of $20.00. Previously, on April 24, Jones Trading maintained a buy rating with a price target of $22.00. Raymond James upgraded its rating to buy on March 17, 2026, setting a target of $22.00. The consensus among analysts remains positive, with multiple buy ratings and targets around the $20 to $22 range.
About PINE
PINE is a company with limited public information available in this context. It appears to be involved in activities that attract both institutional and insider trading interest, as reflected in recent transactions and analyst coverage.
Bottom Line
Andrew Richardson's recent sale of PINE shares is part of ongoing insider activity. Institutional investors continue to adjust their holdings, reflecting varied sentiment. Analyst coverage remains active, with recent ratings maintaining a focus on the stock's potential. Investors should note that insider and institutional activities are backward-looking and may not represent current positions.
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