AFCG Home Investment Highlights Valuation & Metrics Price Chart Why The Stock Moved Return vs. Risk About AFCG Interactive Breakdown Better Bets vs. AFCG Peer Outperformance Latest Trefis Analyses Trade Ideas More From Trefis Peer Comparisons FDIC Bank Data FDA Approved Drugs Data Clinical Pipeline Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Forward Guidance Insider Activity Investor Activity (13F) Trade Sentinel Investor Videos Industry Resource Links External Quote Links

    Advanced Flower Capital (AFCG)

    Market Price (11/6/2026): $2.96 | Market Cap: $66.5 MilSector: Financials | Industry: Asset Management & Custody Banks

    Advanced Flower Capital (AFCG)

    Market Price (11/6/2026): $2.96
    Market Cap: $66.5 Mil
    Sector: Financials
    Industry: Asset Management & Custody Banks

    Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

    0

    Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 42%, Dividend Yield is 6.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 37%

    Strong revenue growth
    Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 228%

    Valuation becoming less expensive
    P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -37%

    Megatrend and thematic drivers
    Megatrends include Digital & Alternative Assets, Cannabis Industry Capital, and Sustainable & Green Buildings. Themes include Private Credit, Show more.

    Weak multi-year price returns
    2Y Excs Rtn is -97%, 3Y Excs Rtn is -130%

    Meaningful short interest
    Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 10.77

    Debt is significant
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 140%

    Significant share based compensation
    SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 14%

    Not cash flow generative
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -80%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -80%

    Key risks
    AFCG key risks include [1] deteriorating credit quality and steep losses from underperforming legacy loans, Show more.

    0 Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 42%, Dividend Yield is 6.7%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 37%
    1 Strong revenue growth
    Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 228%
    2 Valuation becoming less expensive
    P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -37%
    3 Megatrend and thematic drivers
    Megatrends include Digital & Alternative Assets, Cannabis Industry Capital, and Sustainable & Green Buildings. Themes include Private Credit, Show more.
    4 Weak multi-year price returns
    2Y Excs Rtn is -97%, 3Y Excs Rtn is -130%
    5 Meaningful short interest
    Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 10.77
    6 Debt is significant
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 140%
    7 Significant share based compensation
    SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 14%
    8 Not cash flow generative
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -80%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -80%
    9 Key risks
    AFCG key risks include [1] deteriorating credit quality and steep losses from underperforming legacy loans, Show more.

    Valuation & Metrics

    FYE: 12/31AFCG [1]S&P 500 [2]
    REVENUE GROWTH
    LTM Revenue [3]$36.9 Mil—
    FY 2026 Sales$34.0 Mil—
    FY 2027 Sales$35.3 Mil—
    FY 2026 Sales Growth-7.8%—
    FY 2027 Sales Growth3.8%8.7%
    EARNINGS
    LTM Net Income (GAAP) [3]$24.1 Mil—
    FY 2026 Net Income (Non-GAAP)$15.7 Mil—
    FY 2027 Net Income (Non-GAAP)$16.4 Mil—
    FY 2027 Net Income Growth4.7%13.9%
    FY 2026 EPS (Non-GAAP)$0.70—
    FY 2027 EPS (Non-GAAP)$0.74—
    FY 2027 EPS Growth4.7%—
    VALUATION
    FY 2026 P/S2.01.7
    FY 2027 P/S1.9—
    FY 2026 P/E4.28.7
    FY 2027 P/E4.1—

    [1] AFCG forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
    [2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 11/30/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
    [3] LTM = reported trailing-twelve-month actuals (GAAP).
    AFCGS&P 500
    REVENUE GROWTHVERY GOOD
    Rev LTM ($ Bil)0.0
    Rev Chg Q310.3%8.9%
    Rev Chg LTM227.7%8.6%
    Rev Chg 3Y Avg41.2%6.4%
    PROFITABILITYVERY GOOD
    Op Inc LTM ($ Bil)�
    CFO LTM ($ Bil)-0.0
    Net Inc LTM ($ Bil)0.0
    CFO/Rev LTM-80.3%21.5%
    Net Inc Mgn65.3%13.5%
    VALUATIONVERY LOW
    P/S1.83.2
    P/CFO-2.315.1
    P/FCF-2.320.2
    P/E2.822.3

    AI Analysis | Feedback

    MetricValueDateSource
    Principal Outstanding3354000006302024Link
    Number of Loans146302024Link
    Weighted Average Portfolio Yield to MaturityApproximately 18%3312025Link
    Credit Loss Reserves (CECL)299000003312025Link
    Typical Loan Sizeranging from $10 million to over $100 million3132025Link

    Price Chart

    Upcoming
    11/05/2026Earnings ReleaseRev: $8.0 Mil (A) vs. $8.0 Mil (E)
    EPS: 0.16 (A) vs. $0.16 (E)
    3/03/2027Earnings ReleaseRev: $8.0 Mil (E)
    EPS: $0.18 (E)

    Why The Stock Moved

    Qualitative Assessment

    AI Analysis | Feedback

    Updated on 11/5/2026

    Advanced Flower Capital (AFCG) stock has gained about 15% since 7/31/2026 because of the following key factors:

    1. Consistent Net Asset Value (NAV) Growth. Advanced Flower Capital's Net Asset Value (NAV) per share increased for the third consecutive quarter, reaching $8.55 as of September 30, 2026, which marks the end of fiscal Q3 2026. This represents a $0.30 increase from June 30, 2026, and an approximate 15% rise year-to-date, aligning with the stock's reported gain. The growth was attributed to net investment income, net unrealized appreciation, and accretion from share repurchases below NAV.

    2. Strategic Portfolio Diversification into Lower Middle Market Lending. The company continued its deliberate pivot away from legacy cannabis exposure towards non-cannabis senior secured lending in the lower middle market. By the end of fiscal Q3 2026, non-cannabis investments accounted for 32% of the total $290 million portfolio at fair value. During the quarter, AFCG funded $4.6 million in investments, including a $7 million commitment to an outpatient behavioral health platform, with $3 million funded at closing. This diversification strategy aims to tap into a prospective pipeline of approximately $1.1 billion across various industries.

    Show more
    Updated on 11/5/2026

    Advanced Flower Capital (AFCG) stock has gained about 15% since 7/31/2026 because of the following key factors:

    1. Consistent Net Asset Value (NAV) Growth. Advanced Flower Capital's Net Asset Value (NAV) per share increased for the third consecutive quarter, reaching $8.55 as of September 30, 2026, which marks the end of fiscal Q3 2026. This represents a $0.30 increase from June 30, 2026, and an approximate 15% rise year-to-date, aligning with the stock's reported gain. The growth was attributed to net investment income, net unrealized appreciation, and accretion from share repurchases below NAV.

    2. Strategic Portfolio Diversification into Lower Middle Market Lending. The company continued its deliberate pivot away from legacy cannabis exposure towards non-cannabis senior secured lending in the lower middle market. By the end of fiscal Q3 2026, non-cannabis investments accounted for 32% of the total $290 million portfolio at fair value. During the quarter, AFCG funded $4.6 million in investments, including a $7 million commitment to an outpatient behavioral health platform, with $3 million funded at closing. This diversification strategy aims to tap into a prospective pipeline of approximately $1.1 billion across various industries.

    3. Proactive Capital Management through Share Repurchases and Debt Reduction. Advanced Flower Capital actively managed its capital structure by repurchasing approximately $1.0 million of its common stock during fiscal Q3 2026 at a weighted average price of $3.46 per share, representing a 58% discount to its NAV. These buybacks contributed $0.06 per share to the NAV for the quarter. Additionally, subsequent to the quarter-end, the company repurchased $19 million of its 2027 senior notes at 96.5% of par, which resulted in a $600,000 gain and reduced near-term debt obligations. This contributed to an improved debt-to-equity ratio, which decreased to 1.03x from 1.10x in the prior fiscal quarter.

    Show less
    Holding a concentrated position? Know your true downside before the momentum shifts.
    Protect Your Wealth →

    Stock Movement Drivers

    Fundamental Drivers

    The 12.7% change in AFCG stock from 7/31/2026 to 11/5/2026 was primarily driven by a 68.0% change in the company's Total Revenues ($ Mil).
    (LTM values as of)731202611052026Change
    Stock Price ($)2.652.9912.7%
    Change Contribution By: 
    Total Revenues ($ Mil)223768.0%
    P/S Multiple2.81.8-35.6%
    Shares Outstanding (Mil)24234.2%
    Cumulative Contribution12.7%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    7/31/2026 to 11/5/2026
    ReturnCorrelation
    AFCG12.7% 
    Market (SPY)-1.9%36.4%
    Sector (XLF)1.0%28.4%

    Fundamental Drivers

    The 8.4% change in AFCG stock from 4/30/2026 to 11/5/2026 was primarily driven by a 169.4% change in the company's Total Revenues ($ Mil).
    (LTM values as of)430202611052026Change
    Stock Price ($)2.762.998.4%
    Change Contribution By: 
    Total Revenues ($ Mil)1437169.4%
    P/S Multiple4.61.8-59.9%
    Shares Outstanding (Mil)23230.3%
    Cumulative Contribution8.4%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    4/30/2026 to 11/5/2026
    ReturnCorrelation
    AFCG8.4% 
    Market (SPY)2.3%21.0%
    Sector (XLF)10.7%24.1%

    Fundamental Drivers

    The -3.4% change in AFCG stock from 10/31/2025 to 11/5/2026 was primarily driven by a -50.7% change in the company's P/S Multiple.
    (LTM values as of)1031202511052026Change
    Stock Price ($)3.102.99-3.4%
    Change Contribution By: 
    Total Revenues ($ Mil)1837100.2%
    P/S Multiple3.71.8-50.7%
    Shares Outstanding (Mil)2223-2.1%
    Cumulative Contribution-3.4%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    10/31/2025 to 11/5/2026
    ReturnCorrelation
    AFCG-3.4% 
    Market (SPY)8.4%30.0%
    Sector (XLF)11.1%29.9%

    Fundamental Drivers

    The -46.6% change in AFCG stock from 10/31/2023 to 11/5/2026 was primarily driven by a -28.2% change in the company's Total Revenues ($ Mil).
    (LTM values as of)1031202311052026Change
    Stock Price ($)5.602.99-46.6%
    Change Contribution By: 
    Total Revenues ($ Mil)5137-28.2%
    Net Income Margin (%)71.2%65.3%-8.2%
    P/E Multiple3.12.8-9.9%
    Shares Outstanding (Mil)2023-10.0%
    Cumulative Contribution-46.6%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    10/31/2023 to 11/5/2026
    ReturnCorrelation
    AFCG-46.6% 
    Market (SPY)81.3%35.7%
    Sector (XLF)85.5%36.3%

    Return vs. Risk

    Price Returns Compared

     202120222023202420252026Total [1]
    Returns
    AFCG Return5%-21%-10%8%-62%10%-67%
    Peers Return35%-27%14%8%1%-5%16%
    S&P 500 Return27%-19%24%23%16%12%105%

    Monthly Win Rates [3]
    AFCG Win Rate70%50%33%33%17%45% 
    Peers Win Rate65%40%52%60%50%38% 
    S&P 500 Win Rate75%42%67%75%67%45% 

    Max Drawdowns [4]
    AFCG Max Drawdown--32%-35%-18%-68%-31% 
    Peers Max Drawdown-15%-35%-26%-20%-21%-25% 
    S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

    [1] Cumulative total returns since the beginning of 2021
    [2] Peers: IIPR, LIEN, ARCC, STWD, BXMT.
    [3] Win Rate = % of calendar months in which monthly returns were positive
    [4] Max drawdown represents maximum peak-to-trough decline within a year
    [5] 2026 data is for the year up to 11/5/2026 (YTD)

    How Low Can It Go

    EventAFCGS&P 500
    Summer-Fall 2023 Five Percent Yield Shock
      % Loss-23.0%-9.5%
      % Gain to Breakeven29.8%10.5%
      Time to Breakeven228 days24 days
    2023 SVB Regional Banking Crisis
      % Loss-32.6%-6.7%
      % Gain to Breakeven48.3%7.1%
      Time to Breakeven432 days31 days

    Compare to IIPR, LIEN, ARCC, STWD, BXMT

    In The Past

    Advanced Flower Capital's stock fell -2.3% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 2.4% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    EventAFCGS&P 500
    Summer-Fall 2023 Five Percent Yield Shock
      % Loss-23.0%-9.5%
      % Gain to Breakeven29.8%10.5%
      Time to Breakeven228 days24 days
    2023 SVB Regional Banking Crisis
      % Loss-32.6%-6.7%
      % Gain to Breakeven48.3%7.1%
      Time to Breakeven432 days31 days

    Compare to IIPR, LIEN, ARCC, STWD, BXMT

    In The Past

    Advanced Flower Capital's stock fell -2.3% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 2.4% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    About Advanced Flower Capital (AFCG)

    AFC Gamma, Inc. (AFCG), also known as Advanced Flower Capital, is a financial company that provides debt financing to established businesses within the cannabis industry. Specifically, it operates in U.S. states where cannabis has been legalized for medicinal and/or adult use. The company's primary activity involves originating, structuring, underwriting, and investing in senior secured loans, alongside other types of loans and debt securities.

    The main product AFCG offers is senior secured loans, which are primarily collateralized by the borrower's significant assets, such as real estate, equipment, and operational licenses, all in compliance with relevant state laws. By providing this vital capital, AFCG serves cannabis companies that often face limited access to traditional banking services. For United States federal income tax purposes, the company has also qualified as a Real Estate Investment Trust (REIT).

    AI Analysis | Feedback

    Here are 1-2 brief analogies to describe Advanced Flower Capital (AFCG):

    • A bank for the cannabis industry.

    • A commercial real estate lender for cannabis companies.

    AI Analysis | Feedback

    • Senior Secured Loans: AFCG provides loans to cannabis companies, primarily secured by real estate, equipment, licenses, and other assets of the borrowers.
    • Other Loans and Debt Securities: The company also offers various other types of loans and debt instruments to established businesses in the cannabis industry.

    AI Analysis | Feedback

    Advanced Flower Capital (AFCG), which operates as AFC Gamma, Inc., is a lender to established companies in the cannabis industry. Its "customers" are therefore the cannabis companies to which it provides loans and other debt financing.

    Major customer companies (borrowers) of AFCG include:

    AI Analysis | Feedback

    null

    AI Analysis | Feedback

    Daniel Neville, Chief Executive Officer

    Daniel Neville was appointed Chief Executive Officer of Advanced Flower Capital in November 2023. Prior to joining AFC Gamma, he served as Chief Financial Officer of Ascend Wellness Holdings (AWH) from August 2020 to November 2023, and before that, as SVP Finance at AWH. His earlier career included roles as a Managing Director and Analyst at SLS Capital, a special situations hedge fund, from 2010 to 2019. He also gained experience as an investment banker in Credit Suisse's Technology Group, where he focused on mergers and acquisitions (M&A) and initial public offerings (IPOs).

    Brandon Hetzel, Chief Financial Officer and Treasurer

    Brandon Hetzel was appointed Chief Financial Officer and Treasurer of AFC Gamma in March 2023. He joined AFC Gamma's external manager as Controller in September 2020 and was promoted to Executive Vice President, Controller in December 2022. Before his time at AFC Gamma, Mr. Hetzel served as VP of Finance for a real estate development and asset management company from August 2016 to September 2020. He also spent seven years at PricewaterhouseCoopers, progressing from Audit Associate to Audit Manager in the REIT audit practice. He possesses over twelve years of experience in real estate and financial management.

    Robyn Tannenbaum, President and Chief Investment Officer

    Robyn Tannenbaum serves as the President and Chief Investment Officer of Advanced Flower Capital, having been appointed Chief Investment Officer in October 2024 and President in March 2023. She has been with the company since its inception in 2020, previously holding positions such as Partner and Head of Origination, and Managing Director, Head of Originations and Investor Relations. Before joining AFC Gamma, Ms. Tannenbaum founded and served as the Managing Member of REC Investor Relations, a consulting firm specializing in strategic investor relations and financial communications, from 2017 to 2020. Her prior experience also includes being Executive Director and Head of Investor Relations at Fifth Street Asset Management (2017-2020) and a Vice President in Healthcare Investment Banking at CIT Group, Inc. (2014-2017), where she focused on mergers and acquisitions and leveraged finance transactions.

    Leonard M. Tannenbaum, Chairman of the Board

    Leonard M. Tannenbaum is the Chairman of the Board for Advanced Flower Capital, having transitioned from Executive Chairman and Chief Investment Officer in November 2023. He is the founder of AFC Gamma, which was incorporated in 2020. Mr. Tannenbaum is also the Founder of TCG/Tannenbaum Capital Group, an alternative investment firm focused on private credit and real estate lending. Notably, he founded Fifth Street Asset Management in 1998, a firm that grew to manage nearly $6 billion in assets across public and private investment vehicles, before its asset management business was sold to Oaktree Capital Management in 2017. His career demonstrates a consistent pattern of entrepreneurial activity and leadership in non-traditional credit markets. He also founded LMT Investments Pty Ltd. in 2017 and Sunrise Realty Trust, Inc. in 2023, and has served on the Boards of Directors of several other companies.

    Gabriel Katz, Chief Legal Officer

    Gabriel Katz serves as the Chief Legal Officer for Advanced Flower Capital. He brings over a decade of experience in advising both public and private companies on matters related to acquisitions, debt and equity financings, corporate governance, and continuous reporting obligations. Mr. Katz previously worked in the corporate and securities groups at national law firms and led the corporate legal team at a unicorn technology company before joining Advanced Flower Capital.

    AI Analysis | Feedback

    The key risks for Advanced Flower Capital (AFCG) largely stem from its specialized lending activities within the cannabis industry and its financial operational challenges.

    1. Regulatory Uncertainty in the Cannabis Industry: The continued federal illegality of cannabis in the United States poses a significant and overarching risk to AFCG's business model. This regulatory landscape creates chronic barriers for its cannabis borrower clients, affecting their access to traditional banking services and potentially impacting the value and enforceability of collateral. Changes in the legal environment, or lack thereof, directly influence capital markets and the operational confidence of cannabis businesses, which in turn affects AFCG's loan portfolio and its ability to source new deals.
    2. Credit Quality Deterioration and Loan Losses: AFCG has faced challenges related to the credit quality of its loans, evident in ballooning credit provisions and reported unrealized losses on certain assets. This indicates a risk of potential loan losses and non-accruals, which can significantly impact the company's profitability and asset valuation. The underperformance of legacy loans and the difficulty in recovering capital from them also contribute to this risk.
    3. Liquidity Strain and Capital Market Scarcity: The company has experienced a substantial decrease in its cash reserves and has reported negative free cash flow, indicating liquidity strain. This is compounded by the limited availability of capital in the broader market for cannabis operators, making it challenging for AFCG to secure funding flexibility, manage its outstanding debt obligations, and finance new loan originations. A lack of sufficient liquidity can also put pressure on the sustainability of its dividend.

    AI Analysis | Feedback

    Federal cannabis legalization in the United States.

    AI Analysis | Feedback

    The addressable market for Advanced Flower Capital (AFCG) in the United States, which focuses on providing senior secured loans and other debt securities to established companies in the legal cannabis industry, is substantial. The U.S. cannabis industry is projected to require between $65.6 billion and $130.7 billion in sustainable growth capital over the next decade to support new businesses and refinance existing ones. This market is specifically for financial institutions willing to lend to cannabis businesses. Looking at the broader U.S. legal cannabis market, retail sales were estimated at $38.50 billion in 2024 and are expected to reach $44.30 billion in 2025. Other projections indicate the U.S. cannabis market size was $25.078 billion in 2025 and is projected to reach $320.77 billion by 2034. Another estimate places the U.S. market at $35 billion in 2025 retail revenue, with a projection to reach $69 billion by 2031. The U.S. cannabis market also saw $32 billion in annual sales during 2024. Furthermore, approximately $6 billion in cannabis debt is expected to mature by the end of 2026, with about $3 billion of that belonging to major U.S. cannabis operators. This highlights a significant refinancing opportunity within the market.

    AI Analysis | Feedback

    Advanced Flower Capital (AFCG) is expected to drive future revenue growth over the next 2-3 years through several key strategic initiatives and market expansions:

    1. Conversion to a Business Development Company (BDC) and Expanded Investment Universe: Advanced Flower Capital successfully converted from a real estate investment trust (REIT) to a Business Development Company (BDC) in January 2026. This strategic shift significantly broadens the company's investment mandate beyond real estate-backed cannabis loans to include a wider range of secured loans and debt securities for operating businesses in the lower middle market, encompassing both cannabis and non-cannabis assets.
    2. Growth of the Deal Pipeline: Following its conversion to a BDC, AFCG experienced a substantial increase in its active deal pipeline, surging from $400 million in Q3 2025 to over $1.4 billion in Q4 2025. This robust pipeline indicates a significant potential for new loan originations across its expanded investment universe, which is a key indicator for future revenue growth.
    3. Redeployment of Capital from Underperforming Loans: The company is actively focused on managing and resolving underperforming loans within its portfolio. By unlocking value from these assets and receiving paydowns, AFCG plans to redeploy this capital into high-quality, cash-flowing businesses and performing credits. This strategic recycling of capital is expected to generate new interest income and enhance future earnings potential.
    4. Entry into Non-Cannabis and Ancillary Cannabis Industries: As part of its expanded investment mandate as a BDC, AFCG intends to pursue direct lending opportunities in companies that are ancillary to the cannabis industry, as well as private and public middle-market companies operating outside of the cannabis sector. This diversification into new industries and markets is anticipated to broaden the company's customer base and create new sources of revenue.

    AI Analysis | Feedback

    Share Repurchases

    • On June 15, 2023, AFC Gamma's Board of Directors authorized a share repurchase program, allowing the company to repurchase up to $20 million of its outstanding common stock.
    • This share repurchase program is authorized until December 31, 2025.
    • The company did not repurchase any shares of its common stock under this program during the three months ended March 31, 2024, or for the year ended December 31, 2023.

    Share Issuance

    • AFC Gamma completed its Initial Public Offering (IPO) in March 2021.
    • On June 28, 2021, the company completed a public offering of 2,750,000 shares of its common stock.
    • On January 5, 2022, AFC Gamma priced an underwritten public offering of 3,000,000 shares of common stock at $20.50 per share, anticipating gross proceeds of $61.5 million.

    Outbound Investments

    • AFC Gamma's primary business focuses on originating, structuring, underwriting, and investing in senior secured loans and other debt securities for established companies in the cannabis industry.
    • The company has committed over $900 million in financing to the cannabis sector.
    • In August 2025, the Board approved an expanded investment mandate to include direct lending opportunities in private and public middle-market companies outside the cannabis industry.

    Capital Expenditures

    • AFC Gamma reported $0 in Capital Expenditures for various periods, including a summary indicating 0 for cash flow from investing in some reports.
    • Information regarding AFC Gamma's direct capital expenditures is generally listed as N/A in financial summaries.

    Peer Outperformance in Asset Management & Custody Banks

    AFCG has trailed 90% of its 82 Asset Management & Custody Banks peers over 5Y. Among the peers that beat it is SII. Asset Management & Custody Banks ranks 11th of 18 industries in Financials by median 5Y return. The sector’s gains have largely come from elsewhere.
    Share of Asset Management & Custody Banks constituents that AFCG has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
    1Y
    57%
    of 100 industry peers · -2.2% return
    3Y
    12%
    of 90 industry peers · -48.1% return
    5Y
    10%
    of 82 industry peers · -68.6% return
    Asset Management & Custody Banks peers with revenue growth within 4pp of AFCG's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
    Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
    AFCG Advanced Flower Capital 41.2% 2.8x -2.2%-48.1%-68.6% —
    SII Sprott 44.1% 25.3x 35.5%290.2%194.0% +263pp
    Price returns, excluding dividends. P/E shown for context only and not used for matching.
    Median price return by industry across the Financials sector, ranked by 5Y. Asset Management & Custody Banks is AFCG's own industry. Use this to see which corners of the sector have carried the returns.
    Industry Names 1Y med3Y med5Y med Top 3 by 5Y
    Reinsurance 6 33.1%75.7%125.1% SPNT 168% · RGA 162% · RNR 141%
    Investment Banking & Brokerage 13 -3.9%89.1%93.1% IBKR 305% · SNEX 152% · GS 141%
    Diversified Banks 12 30.0%140.4%90.3% CM 144% · RY 129% · JPM 127%
    Life & Health Insurance 20 14.3%52.3%75.4% JXN 514% · UNM 224% · FG 188%
    Property & Casualty Insurance 42 18.9%76.8%66.8% TRV 178% · PGR 172% · ACGL 168%
    Multi-Sector Holdings 3 10.1%53.8%59.4% BRK-B 99% · VOYA 59% · JEF 37%
    Multi-line Insurance 9 9.5%71.4%59.4% AIZ 105% · GNW 104% · L 98%
    Regional Banks 263 30.0%87.5%46.7% CBC 268% · FCNCA 176% · NIC 136%
    Insurance Brokers 15 5.5%13.4%33.4% LIFE 287% · ARX 89% · WTW 56%
    Financial Exchanges & Data 15 20.6%37.2%27.9% CBOE 183% · VIRT 131% · CME 71%
    Asset Management & Custody Banks ← 83 -5.9%22.8%12.3% VCTR 210% · AAMI 207% · WT 205%
    Consumer Finance 30 2.9%81.0%8.1% ENVA 330% · FCFS 130% · ECPG 111%
    Commercial & Residential Mortgage Finance 14 -46.5%36.8%2.5% FNMA 327% · FMCC 293% · ACT 158%
    Diversified Financial Services 4 -1.6%20.1%-1.1% FRHC 153% · EQH 71%
    Specialized Finance 3 15.8%31.5%-19.7% HASI -20% · CACC -24%
    Transaction & Payment Processing Services 17 19.3%9.1%-29.4% V 103% · MA 94% · CPAY 83%
    Mortgage REITs 35 -18.0%-6.1%-37.2% RITM 36% · DX 17% · AGNC 10%
    Diversified Capital Markets 20 -47.1%-8.5%-70.1% LPLA 83% · TW 38% · RIOT -53%
    Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

    Latest Trefis Analyses

    Title
    0ARTICLES

    Recent Active Movers

    Top Gainers

    TickerCompanyMkt Cap (B)1W RtnYTD Rtn
    ULHUniversal Logistics0.869.2%97.6%
    CRCTCricut1.949.7%95.1%
    ARRYArray Technologies0.848.9%-42.5%
    DNUTKrispy Kreme0.843.7%14.4%
    GDYNGrid Dynamics1.142.6%49.9%
    APPAppLovin119.639.7%-47.2%
    EVEREverQuote1.133.0%12.3%
    AGLAgilon Health1.932.4%560.8%
    CPRICapri2.331.6%-13.4%
    GPKGraphic Packaging3.431.0%-20.8%

    Top Losers

    TickerCompanyMkt Cap (B)1W RtnYTD Rtn
    VCYTVeracyte1.9-54.0%-43.0%
    MNTNMNTN0.3-52.2%-60.6%
    FRMIFermi1.0-46.5%-80.9%
    NRIXNurix Therapeutics1.7-45.3%-21.8%
    LITELumentum43.5-44.6%38.3%
    ACDCProFrac0.5-44.1%-30.3%
    PCTPureCycle Technologies0.3-43.5%-78.1%
    INTCIntel274.0-43.2%41.6%
    OFRMOnce Upon a Farm PBC0.4-42.7%-56.5%
    AESIAtlas Energy Solutions0.7-42.5%-43.5%

    Top Gainers

    TickerCompanyMkt Cap (B)1M RtnYTD Rtn
    BMBLBumble0.8139.2%67.5%
    GDYNGrid Dynamics1.176.5%49.9%
    ULHUniversal Logistics0.872.3%97.6%
    TDOCTeladoc Health1.769.2%34.4%
    SGRYSurgery Partners3.069.0%50.0%
    LQDALiquidia4.066.8%29.0%
    ENOVEnovis1.662.5%7.4%
    BRZEBraze5.161.0%33.6%
    UPBDUpbound1.559.3%51.6%
    COAGHemab Therapeutics1.458.8%34.0%

    Top Losers

    TickerCompanyMkt Cap (B)1M RtnYTD Rtn
    CIFRCipher Digital2.3-61.9%-62.4%
    AAOIApplied Optoelectronics3.8-61.7%34.5%
    FRMIFermi1.0-61.5%-80.9%
    MXLMaxLinear4.0-58.7%154.2%
    AESIAtlas Energy Solutions0.7-57.3%-43.5%
    FPSForgent Power Solutions4.7-55.2%-37.2%
    STRLSterling Infrastructure7.5-54.3%-20.2%
    LITELumentum43.5-54.1%38.3%
    AXTIAXT2.2-54.0%124.6%
    ICHRIchor1.0-54.0%52.1%

    More From Trefis

    Research & Analysis

    Invest in Strategies

    Wealth Management

    Peer Comparisons

    Peers to compare with:

    Financials

    AFCGIIPRLIENARCCSTWDBXMTMedian
    NameAdvanced.Innovati.Chicago .Ares Cap.Starwood.Blacksto. 
    Mkt Price2.9655.999.0919.3213.0011.4412.22
    Mkt Cap0.11.50.213.94.81.91.7
    Rev LTM37264401,079812555409
    Op Inc LTM-124----124
    FCF LTM-30200-31,145481353277
    FCF 3Y Avg3224-2-877531323114
    CFO LTM-30200-31,1451,091353277
    CFO 3Y Avg3224-2-877752323114

    Growth & Margins

    AFCGIIPRLIENARCCSTWDBXMTMedian
    NameAdvanced.Innovati.Chicago .Ares Cap.Starwood.Blacksto. 
    Rev Chg LTM227.7%-4.4%25.9%-31.6%1.8%9.2%5.5%
    Rev Chg 3Y Avg41.2%-4.1%97.1%-4.1%-10.0%-6.7%-4.1%
    Rev Chg Q310.3%0.4%-22.4%-20.7%-5.7%-41.2%-13.2%
    QoQ Delta Rev Chg LTM48.7%0.1%-5.5%-8.1%-1.2%-9.0%-3.4%
    Op Inc Chg LTM--9.9%-----9.9%
    Op Inc Chg 3Y Avg--9.7%-----9.7%
    Op Mgn LTM-47.1%----47.1%
    Op Mgn 3Y Avg-51.0%----51.0%
    QoQ Delta Op Mgn LTM-0.2%----0.2%
    CFO/Rev LTM-80.3%75.9%-7.5%106.1%134.4%63.6%69.8%
    CFO/Rev 3Y Avg49.3%78.8%20.5%-39.6%89.9%60.5%54.9%
    FCF/Rev LTM-80.3%75.9%-7.5%106.1%59.3%63.6%61.4%
    FCF/Rev 3Y Avg49.3%78.8%20.5%-39.6%62.8%60.5%54.9%

    Valuation

    AFCGIIPRLIENARCCSTWDBXMTMedian
    NameAdvanced.Innovati.Chicago .Ares Cap.Starwood.Blacksto. 
    Mkt Cap0.11.50.213.94.81.91.7
    P/S1.85.85.212.95.93.55.5
    P/Op Inc-12.3----12.3
    P/EBIT-8.9----8.9
    P/E2.810.96.515.920.9-5.18.7
    P/CFO-2.37.6-68.712.14.45.44.9
    Total Yield42.4%23.5%30.2%16.0%19.7%-3.0%21.6%
    Dividend Yield6.7%14.2%15.0%9.7%14.8%16.5%14.5%
    FCF Yield 3Y Avg-2.6%11.6%3.1%-6.4%8.5%12.4%5.8%
    D/E2.90.50.11.12.97.42.0
    Net D/E1.40.40.11.02.87.21.2

    Returns

    AFCGIIPRLIENARCCSTWDBXMTMedian
    NameAdvanced.Innovati.Chicago .Ares Cap.Starwood.Blacksto. 
    1M Rtn-9.8%11.4%-4.2%3.6%0.5%1.6%1.1%
    3M Rtn8.7%-0.6%0.2%0.9%-15.6%-14.1%-0.2%
    6M Rtn-1.3%5.7%4.0%7.1%-23.3%-36.2%1.4%
    12M Rtn-3.2%21.9%1.6%4.8%-20.9%-30.4%-0.8%
    3Y Rtn-48.6%-1.1%45.0%31.1%-5.0%-25.2%-3.1%
    1M Excs Rtn-5.3%10.8%1.3%6.2%4.1%3.5%3.8%
    3M Excs Rtn8.8%-1.0%-0.2%-0.2%-17.3%-15.1%-0.6%
    6M Excs Rtn-6.1%0.8%-0.7%2.3%-28.2%-41.0%-3.4%
    12M Excs Rtn-15.7%16.1%-11.7%-8.2%-34.1%-44.4%-13.7%
    3Y Excs Rtn-129.6%-75.1%-39.5%-48.1%-84.3%-103.2%-79.7%

    Comparison Analyses

    null

    Financials

    $ Mil | FY: 12/312026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q4
    Period End9/30/20266/30/20263/31/202612/31/20259/30/20256/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/2023
    Filing Date11/5/20268/13/20265/7/20263/4/202611/12/20258/14/20255/14/20253/13/202511/13/20248/7/20245/9/20243/7/2024
    Key Financials Quarterly            
    Total Revenue87138-445631165
    Net Income65111-12-134-1116-0-9
    EPS0.280.230.490.04-0.57-0.600.18-0.050.060.80-0.01-0.45
    Key Financials TTM            
    Total Revenue TTM372522141118252525333440
    Net Income TTM245-13-21-23-921179151121
    Growth Rates Quarterly            
    Total Revenue Growth310.3%63.8%160.8%43.9%-218.8%-59.4%-7.6%15.6%-70.9%-10.7%-52.2%-65.1%
    Net Income Growth151.2%140.7%180.9%192.2%-1002.7%-180.0%7616.6%89.2%-82.7%35.5%-100.5%-412.7%
    Margins Quarterly            
    Net Income Margin78.1%73.2%85.2%11.4%--294.7%79.1%-17.9%42.2%149.5%-1.0%-191.3%
    Cash & Debt            
    Total Cash1021071133945331041221708290
    Total Debt1972072029711199111189148123148130
    Net Debt / (Cash)95100905966961088526-476640
    Cash Flows Quarterly            
    FCF from Operations8-6-31-1624231066
    Cash Flows TTM            
    FCF from Operations TTM-30-31-24111411192226282321
    Returns to Shareholders Quarterly            
    Dividends1003357713101010
    Share Repurchases1-0-0-0-0-0-0-0-0-0-0-0
    Return on Invested Capital (ROIC) Quarterly            
    ROIC7.3%6.0%13.1%1.2%-15.6%-15.1%4.5%-1.2%1.8%20.0%-1.4%-9.0%
    Return on Invested Capital (ROIC) TTM            
    ROIC TTM6.9%1.5%-3.8%-6.5%-7.1%-2.5%5.4%4.1%2.0%4.0%2.2%5.3%

    Segment Financials

    Revenue by Segment
    $ Mil20252024202320222021
    Single segment1736   
    Senior secured loans to cannabis industry operators in states where medical and/or adult-use  54  
    Financing senior secured loans and other types of loans primarily to (i) senior secured loans to   7238
    Total1736547238


    Price Behavior

    Price Behavior
    Market Price$2.99 
    Market Cap ($ Bil)0.1 
    First Trading Date03/19/2021 
    Distance from 52W High-17.9% 
       50 Days200 Days
    DMA Price$3.28$2.90
    DMA Trendupup
    Distance from DMA-8.9%2.9%
     3M1YR
    Volatility47.7%57.2%
    Downside Capture-12.23124.28
    Upside Capture81.18111.86
    Correlation (S&P 500)18.1%27.7%
    AFCG Betas & Captures as of 10/31/2026

     1M2M3M6M1Y3Y
    Beta-0.270.581.010.511.231.13
    Up Beta-3.661.001.470.211.061.11
    Down Beta0.610.841.791.541.651.35
    Up Capture-198%-14%97%27%112%52%
    Bmk +ve Days12182862130427
    Stock +ve Days7182957116348
    Down Capture75%113%30%20%116%106%
    Bmk -ve Days10253664121325
    Stock -ve Days14223164122376

    [1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
    Based On 1-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with AFCG
    AFCG-1.3%57.2%0.18-
    Sector ETF (XLF)11.1%15.2%0.4730.1%
    Equity (SPY)9.5%13.6%0.4129.8%
    Gold (GLD)3.6%28.7%0.1110.6%
    Commodities (DBC)37.7%21.2%1.40-3.7%
    Real Estate (VNQ)12.0%14.2%0.5520.7%
    Bitcoin (BTCUSD)-20.8%43.3%-0.4215.4%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 5-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with AFCG
    AFCG-20.6%43.3%-0.40-
    Sector ETF (XLF)9.1%18.4%0.3636.4%
    Equity (SPY)11.3%17.3%0.4837.4%
    Gold (GLD)17.5%19.1%0.745.6%
    Commodities (DBC)8.0%19.6%0.296.8%
    Real Estate (VNQ)1.2%18.9%-0.0534.0%
    Bitcoin (BTCUSD)5.9%51.5%0.2916.0%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 10-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with AFCG
    AFCG-10.4%42.6%-0.33-
    Sector ETF (XLF)13.3%22.1%0.5435.0%
    Equity (SPY)14.9%18.0%0.7036.3%
    Gold (GLD)12.0%16.5%0.595.4%
    Commodities (DBC)7.6%18.1%0.338.6%
    Real Estate (VNQ)5.7%20.7%0.2331.8%
    Bitcoin (BTCUSD)61.3%66.2%1.0116.2%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How

    Short Interest

    Short Interest: As Of Date10152026
    Short Interest: Shares Quantity0.7 Mil
    Short Interest: % Change Since 9302026-15.9%
    Average Daily Volume0.1 Mil
    Days-to-Cover Short Interest10.8 days
    Basic Shares Quantity22.6 Mil
    Short % of Basic Shares2.9%

    Returns Analyses

    Earnings Returns History

    Updated 11/5/2026
    Expand for More
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    8/13/20266.7%27.0%25.9%
    5/7/202611.6%6.9%26.0%
    3/4/20269.0%19.5%27.8%
    11/12/20250.6%-13.0%8.6%
    8/14/2025-3.7%-20.8%1.5%
    5/14/2025-5.2%-11.4%-1.0%
    3/13/2025-20.4%-24.7%-41.2%
    11/13/2024-2.2%1.9%-0.3%
    ...
    SUMMARY STATS   
    # Positive131312
    # Negative9910
    Median Positive1.9%4.7%12.5%
    Median Negative-2.5%-11.4%-3.3%
    Max Positive11.6%27.0%27.8%
    Max Negative-20.4%-24.7%-41.2%
     Collapse to Preview
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    8/13/20266.7%27.0%25.9%
    5/7/202611.6%6.9%26.0%
    3/4/20269.0%19.5%27.8%
    11/12/20250.6%-13.0%8.6%
    8/14/2025-3.7%-20.8%1.5%
    5/14/2025-5.2%-11.4%-1.0%
    3/13/2025-20.4%-24.7%-41.2%
    11/13/2024-2.2%1.9%-0.3%
    8/7/20248.3%14.1%18.7%
    5/9/2024-0.6%-1.0%-2.0%
    3/7/20241.9%9.1%9.2%
    11/8/2023-1.5%2.2%10.7%
    8/8/2023-2.4%-3.0%-3.1%
    5/10/2023-2.5%-0.8%14.3%
    3/7/20230.3%-18.4%-20.9%
    11/8/2022-3.1%-6.5%-1.8%
    8/9/20220.0%4.3%-3.8%
    5/10/20220.6%11.9%19.4%
    3/10/20220.2%1.1%-3.5%
    11/4/20211.9%3.0%-5.1%
    8/5/20210.6%3.5%6.7%
    5/11/20213.1%4.7%10.3%
    SUMMARY STATS   
    # Positive131312
    # Negative9910
    Median Positive1.9%4.7%12.5%
    Median Negative-2.5%-11.4%-3.3%
    Max Positive11.6%27.0%27.8%
    Max Negative-20.4%-24.7%-41.2%

    SEC Filings

    Expand for More
    Report DateFiling DateFiling
    09/30/202611/05/202610-Q
    06/30/202608/13/202610-Q
    03/31/202605/07/202610-Q
    12/31/202503/04/202610-K
    09/30/202511/12/202510-Q
    06/30/202508/14/202510-Q
    03/31/202505/14/202510-Q
    12/31/202403/13/202510-K
    09/30/202411/13/202410-Q
    06/30/202408/07/202410-Q
    03/31/202405/09/202410-Q
    12/31/202303/07/202410-K
    09/30/202311/08/202310-Q
    06/30/202308/08/202310-Q
    03/31/202305/10/202310-Q
    12/31/202203/07/202310-K
     Collapse to Preview
    Report DateFiling DateFiling
    09/30/202611/05/202610-Q
    06/30/202608/13/202610-Q
    03/31/202605/07/202610-Q
    12/31/202503/04/202610-K
    09/30/202511/12/202510-Q
    06/30/202508/14/202510-Q
    03/31/202505/14/202510-Q
    12/31/202403/13/202510-K
    09/30/202411/13/202410-Q
    06/30/202408/07/202410-Q
    03/31/202405/09/202410-Q
    12/31/202303/07/202410-K
    09/30/202311/08/202310-Q
    06/30/202308/08/202310-Q
    03/31/202305/10/202310-Q
    12/31/202203/07/202310-K
    09/30/202211/08/202210-Q
    06/30/202208/09/202210-Q
    03/31/202205/10/202210-Q
    12/31/202103/10/202210-K
    09/30/202111/04/202110-Q
    06/30/202108/05/202110-Q
    03/31/202105/11/202110-Q

    Insider Activity

    Updated 9/30/2026
    Expand for More
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Tannenbaum, Leonard M DirectBuy93020263.6344,643162,05425,807,899Form
    2Tannenbaum, Leonard M DirectBuy93020263.5940,081143,89125,363,246Form
    3Tannenbaum, Leonard M DirectBuy93020263.5710,67338,10325,078,857Form
    4Tannenbaum, Leonard M DirectBuy92820263.525,22818,40324,690,044Form
    5Tannenbaum, Leonard M DirectBuy92820263.4920,00069,80024,461,372Form
     Collapse to Preview
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Tannenbaum, Leonard M DirectBuy93020263.6344,643162,05425,807,899Form
    2Tannenbaum, Leonard M DirectBuy93020263.5940,081143,89125,363,246Form
    3Tannenbaum, Leonard M DirectBuy93020263.5710,67338,10325,078,857Form
    4Tannenbaum, Leonard M DirectBuy92820263.525,22818,40324,690,044Form
    5Tannenbaum, Leonard M DirectBuy92820263.4920,00069,80024,461,372Form
    6Tannenbaum, Leonard M DirectBuy92420263.493,47112,11424,391,572Form
    7Tannenbaum, Leonard M DirectBuy92420263.4923,07280,52124,379,458Form
    8Tannenbaum, Leonard M DirectBuy92220263.4910,00034,90024,298,937Form
    9Tannenbaum, Leonard M DirectBuy91820263.5025,00087,50024,333,561Form
    10Tannenbaum, Leonard M DirectBuy91720263.432,3418,03023,761,140Form
    11Tannenbaum, Leonard M DirectBuy91720263.506082,12824,237,868Form
    12Tannenbaum, Leonard M DirectBuy91520263.5025,19888,19324,235,740Form
    13Tannenbaum, Leonard M DirectBuy91520263.5515,00053,25024,492,511Form
    14Tannenbaum, Leonard M DirectBuy91120263.4635,000121,10023,819,675Form
    15Tannenbaum, Leonard M DirectBuy90420263.5915,22354,65124,588,983Form
    16Tannenbaum, Leonard M DirectBuy90120263.6053,273191,78324,602,674Form
    17Tannenbaum, Leonard M DirectBuy90120263.5365,752232,10523,936,235Form
    18Tannenbaum, Leonard M DirectBuy82820263.4615,20252,59923,234,076Form
    19Tannenbaum, Leonard M DirectBuy82820263.4119,40466,16822,846,485Form
    20Tannenbaum, Leonard M DirectBuy82620263.4030,000102,00022,713,513Form
    21Tannenbaum, Leonard M DirectBuy82620263.4130,000102,30022,678,017Form
    22Tannenbaum, Leonard M DirectBuy82420263.2825,00082,00021,715,060Form
    23Tannenbaum, Leonard M DirectBuy82120263.2920,00065,80021,699,014Form
    24Tannenbaum, Leonard M DirectBuy81920263.4812,84144,68722,882,549Form
    25Tannenbaum, RobynPresident and CIODirectBuy81820263.151,0003,150714,757Form
    26Tannenbaum, Leonard M DirectBuy81720263.0645,829140,23720,081,568Form
    27Hetzel, BrandonCFO and TreasurerDirectBuy81720263.001,4634,389126,000Form
    28Tannenbaum, Leonard M DirectBuy51920262.8490,600257,30418,507,641Form
    29Tannenbaum, RobynPresident and CIODirectBuy40120262.807,00019,600632,540Form
    30Tannenbaum, Leonard M DirectBuy40120262.7629,04080,15017,736,243Form
    31Tannenbaum, Leonard M DirectBuy33020262.604,30011,18016,632,551Form
    32Tannenbaum, Leonard M DirectBuy33020262.6019,72951,29516,621,371Form
    33Tannenbaum, Leonard M DirectBuy32420262.5944,914116,32716,506,345Form
    34Tannenbaum, Leonard M DirectBuy32420262.5914,36637,20816,390,017Form
    35Tannenbaum, Leonard M DirectBuy32420262.55115,237293,85416,100,256Form
    36Tannenbaum, Leonard M DirectBuy31920262.5960,600156,95416,054,346Form
    37Tannenbaum, Leonard M DirectBuy31920262.5990,600234,65415,897,392Form
    38Tannenbaum, Leonard M DirectBuy31620262.5934,28888,80615,662,738Form
    39Tannenbaum, Leonard M DirectBuy31620262.6015,01839,04715,634,063Form
    40Tannenbaum, Leonard M DirectBuy31620262.592,5026,48015,535,035Form
    41Tannenbaum, Leonard M DirectBuy31120262.572,0005,14015,408,643Form
    42Tannenbaum, Leonard M DirectBuy31120262.54102,213259,62115,223,696Form
    43Tannenbaum, Leonard M DirectBuy30920262.471,2703,13714,551,679Form
    44Tannenbaum, Leonard M DirectBuy30920262.4429,00070,76014,371,839Form
    45Tannenbaum, Leonard M DirectBuy121520253.0525,00076,25017,876,349Form
    46Tannenbaum, Leonard M DirectBuy121020253.0320,00060,60017,683,377Form
    47Tannenbaum, Leonard M DirectBuy121020252.8324,00067,92016,459,557Form
    48Tannenbaum, Leonard M DirectBuy120420252.9446,000135,24017,028,768Form
    49Tannenbaum, Leonard M DirectBuy120320252.8739,000111,93016,491,301Form
    50Tannenbaum, Leonard M DirectBuy120320252.8815,00043,20016,436,442Form
    51Neville, DanielChief Executive OfficerDirectBuy111820252.8117,00047,770636,884Form

    Industry Resources

    External Quote Links


    Prefer one of these to Trefis? Tell us why.
    Core Cache Last Updated: 11/5/2026