BXMT BLACKSTONE MORTGAGE TRUST, INC. Insider Trading

BXMT Director Nassau buys 10,000 shares at $18.90; prior BXMT trade yielded +6.0% in 90 days; company posted negative net income of $-357.0K.

Director Nassau Henry N purchased 10,000 shares of Blackstone Mortgage Trust at $18.90, expanding his holdings by 5.8% to 182,946 shares. This represents a continuation of buying activity in the stock: his prior BXMT purchase on 2024-08-08 returned +6.0% over 90 days, and across his broader cross-ticker track record, his prior buys averaged +6.0% 90-day returns with a 100% win rate. However, context warrants scrutiny: the company reported a full-year net income of $-357.0K, indicating unprofitability in its most recent fiscal year. The stock has declined 11.0% from its 52-week high of $21.07, though it has gained 5.7% over the past 30 days. The purchase timing relative to fundamental deterioration and current valuation positioning merits deeper examination to understand director conviction in recovery prospects.

Director Nassau buys 10,000 BXMT shares at $17.52; stock down 25.1% from 52-week high amid negative net income.

Director Henry N. Nassau purchased 10,000 shares of Blackstone Mortgage Trust at $17.52 on 2024-08-08, increasing his holdings from 155.6K to 165.6K shares (+6.4%). This transaction occurs amid deteriorating company fundamentals: the company reported net income of -$61.1M and the stock has declined 25.1% from its 52-week high of $23.43. Notably, 2 other insiders also bought within the past 14 days, forming a cluster buy pattern. The director's purchase at a depressed price point relative to recent highs, combined with coordinated buying activity, warrants investor examination of whether this reflects confidence in valuation or response to near-term distress signals.

CEO Keenan buys 16,000 BXMT shares at $17.16; holdings rise to 198,960 shares (+8.7%)

Keenan Katharine A, CEO & President of Blackstone Mortgage Trust, purchased 16,000 shares at $17.16 on 2024-08-05, expanding her holdings by 8.7% to 198,960 shares. The transaction occurred when BXMT traded at $17.19 currently, placing it 26.6% below its 52-week high of $23.43. The company reported negative net income of $-61,057,000.00, though the P/E of 12.02 reflects near-market multiples. This buy by the CEO in a depressed price environment—after the stock declined 4.0% over 90 days—adds to her ownership stake at a time when the underlying business shows earnings distress, a factual context that warrants investor attention to management's confidence in recovery.

Director Johnson Timothy Steven acquired 57,050 BXMT shares at $17.50 on 2024-08-02 for $998,375.00; holdings now 423,251 shares.

Johnson Timothy Steven, a director, purchased 57,050 shares at $17.50, representing a 15.6% increase to his position from 366,201 to 423,251 shares. The transaction occurred at a price $0.31 below the current price of $17.19, and notably 26.6% below the 52-week high of $23.43, reflecting the stock's recent weakness. The company reported net income of $-61,057,000.00, a material loss position that provides context for why insider accumulation merits investor attention. This director-level purchase at a discount to recent highs warrants monitoring, though the loss position and depressed valuation relative to 52-week levels should be factored into forward-looking assessments.