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EdgarHawk

LAFFER ARTHUR B

Director

Director
9 filings analyzed · 2 companies · Latest 2025-12-08

Companies

Company Buys Sells Direction
NEXPOINT DIVERSIFIED REAL ESTATE TRUST NXDT 14 0 Net buying
VerifyMe, Inc. VRME 2 0 Net buying

Activity

December 2025
Buy
15,052 shares
$42,043
Significance 4/10

Director LAFFER buys 15,051 shares for $42,043.20 at NXDT over 3 trades, averaging $2.79; stock down 27.8% in 90 days and 62.9% from high.

Director Arthur B. Laffer purchased 15,051 shares across 3 transactions on 2025-12-04 and 2025-12-05 for a combined $42,043.20 at a blended average of $2.79 per share, increasing his holdings by 15.1% to 114,606 shares. The current price of $2.68 is 62.9% below the 52-week high of $7.23, and the stock has declined 27.8% over the past 90 days. Laffer's prior trades at NXDT show a poor track record: 0 of 4 measurable prior buys generated positive 90-day returns, with losses ranging from -21.0% to -28.5%. The company reported net income of $-13.7M on revenue of $17.5M in the latest quarter and remains unprofitable on a full-year basis, despite 31.5% annual revenue growth. This purchase occurs during material weakness both for the stock and the underlying business, adding shares at prices below the blended average of his prior accumulation.

Buy
5,101 shares
$13,976
Significance 3/10

Director Laffer buys 5,100 shares of NXDT at $2.74; stock down -61.3% from 52-week high, none of 5 prior buys achieved positive 90d returns.

Director Arthur B Laffer purchased 5,100 shares at $2.74, increasing his holdings to 107,635 shares, while NXDT shares have declined -61.3% from the 52-week high of $7.23. The company reported negative net income of $-13.7M against quarterly revenue of $17.5M, indicating sustained unprofitability. Laffer's timing pattern at this ticker is concerning: 0 of his 5 prior NXDT purchases generated positive 90-day returns, with his most recent four trades (July 2-9) all showing negative 90-day performance ranging from -6.2% to -28.5%. This persistent pattern suggests the insider's buying at lower prices has not yet coincided with stock recovery.

July 2025
Buy
10,500 shares
$50,820
Significance 6/10

Director Arthur B Laffer buys 10,500 shares in 2 transactions (Jul 8-9) at $4.84 blended avg; holds 97,237 post-trade (+12.1%)

Director Arthur B Laffer executed 2 separate purchases totaling 10,500 shares for $50,820.00 on back-to-back trading days (July 8–9, 2025) at prices of $4.88 and $4.80, representing a blended average price of $4.84. This accumulation increased his holdings by 12.1% to 97,237 shares. The transaction occurs at a price 36.6% below the 52-week high of $7.23, and follows a recent pattern of five prior purchases at NXDT within the preceding month (June 6–July 7), the earliest of which has recorded a +19.9% 30-day return. The underlying company reported quarterly revenue of $29,074,000.00 and net income of $-34,318,000.00, indicating continued unprofitability despite annual revenue growth of +31.5%. Across Laffer's broader cross-ticker trading history, his 14 prior buys averaged 90-day returns of +7.7% with a 75% win rate, though measurable 90-day outcomes at this ticker remain pending for all recent transactions including this filing.

Buy
10,250 shares
$47,658
Significance 6/10

Director Laffer buys 10,250 shares at $4.65 avg across 2 purchases; 5th consecutive buy at NXDT in 6 weeks despite -36.4% from 52-week high.

Arthur B. Laffer, Director, executed 2 separate purchases totaling 10,250 shares for $47,657.50, bringing his holdings to 86,737 shares and representing a +13.4% increase. The purchases occurred on 2025-07-02 and 2025-07-07 at a blended average price of $4.65, which is above the current price of $4.60 but substantially below the 52-week high of $7.23. This transaction follows a pattern of consistent open-market buying at NXDT: 5 prior trades at this ticker in less than 3 months, all acquisitions. His cross-ticker track record shows 75% win rate on 90-day outcomes with avg 90d return +7.7%, though same-ticker outcomes are more recent and not yet fully measurable. The company's fundamentals remain challenged—most recent quarter revenue was $29,074,000 with net income of $-34,318,000, though annual revenue growth stands at +31.5%. The timing pattern suggests this director has positioned for recovery: his single prior trade at NXDT with a measurable 90-day outcome posted a +45.1% return, indicating prior well-timed accumulation at this ticker.

June 2025
Buy
11,250 shares
$46,920
Significance 6/10

Director Laffer buys 11,250 shares in 2 transactions (avg $4.17) as NXDT trades near 52-week lows, +17.2% to holdings.

Director Arthur B. Laffer purchased 11,250 shares across 2 separate transactions on 2025-06-25 and 2025-06-26 at an average price of $4.17, increasing his stake by 17.2% to 76,487 shares post-transaction. The current price of $4.32 is 40.2% below the 52-week high of $7.23, and the stock has recovered 18.4% over the past 30 days and 14.6% over 90 days. However, the company remains unprofitable with net income of $-34.3M in the latest quarter despite revenue growth of 31.5% year-over-year. At the same ticker, Laffer's prior trades show mixed timing outcomes: 1 of 2 measurable 90-day outcomes was positive (the 2024-07-03 buy returned 9.3%), while the 2024-04-09 buy declined 12.3% over 90 days. The contemporaneous purchases near current depressed valuation levels warrant monitoring given the company's ongoing profitability challenges, though the recent price recovery may reflect a shift in market sentiment toward the name.

Buy
10,400 shares
$40,372
Significance 5/10

Director Laffer buys 10,400 shares at $3.88 average; NXDT unprofitable, cluster buying present.

Arthur B. Laffer, a director at NexPoint Diversified Real Estate Trust, executed 2 separate purchases totaling 10,400 shares for $40,372.00 at a blended average price of $3.88. His post-transaction holdings of 65,237 shares represent a 19.0% increase from prior position, signaling material capital redeployment into the name. The company reported negative net income of $-34,318,000.00 over its most recent full fiscal year despite positive annual revenue growth of 31.5%, reflecting an unprofitable operational state. A cluster buy pattern exists, with 2 other insiders also acquiring shares within the past 14 days. The stock is currently trading at $3.97, down 45.1% from its 52-week high of $7.23 but up 14.7% over the past 30 days, indicating recent price recovery from depressed levels.

April 2025
Buy
26,900 shares
$87,156
Significance 5/10

Director Arthur B Laffer purchases 26.9K shares of NXDT at $3.24; holdings double to 54.8K amid stock -38% in 90 days, cluster buy pattern emerges.

Director Arthur B Laffer purchased 26,900 shares at $3.24, doubling his holdings from 27,937 to 54,837 shares. The transaction occurs in a deteriorating price environment: the stock has declined 38.0% over 90 days and is trading at $3.58, down 50.5% from its $7.23 52-week high. NEXPOINT DIVERSIFIED REAL ESTATE TRUST is currently unprofitable (net income $-10,037,000), though revenue grew 31.5% year-over-year. The purchase is part of a cluster pattern—2 other insiders also bought within the past 14 days—which often precedes reassessment events. Notably, Laffer's prior same-ticker buys at NXDT (April–July 2024) showed mixed results, with only 1 of 3 prior buys yielding positive 90-day returns, suggesting uncertain timing accuracy at this specific holding.

March 2025
2025-03-11 VerifyMe, Inc. VRME
high
Buy
28,000 shares
$19,876
Significance 6/10

Director Laffer buys 28,000 shares (28.0K) at $0.71 across 2 transactions; holdings nearly doubled to 61.9K (+82.5%).

Arthur B. Laffer, a Director at VerifyMe, Inc., purchased 28,000 shares across 2 separate transactions on 2025-03-10 for a combined $19,875.80 at $0.71/share, substantially increasing his holdings from 33.9K to 61.9K shares (+82.5%). The company is currently unprofitable (net income $-2.4M in the latest fiscal year) with a market cap of $7.8M, though revenue grew 29.3% year-over-year. Notably, Laffer's prior 2 buys at this same ticker in March 2024 both posted positive 90-day returns (21.6% and 20.5%), establishing a pattern of well-timed purchases at VRME. The stock is now down 42.6% over 30 days from his purchase, trading at $0.74 versus a 52-week high of $4.30, but his historical timing pattern at this ticker suggests investors should track whether this large accumulation preceded a recovery.

July 2024
Buy
2,595 shares
$14,247
Significance 4/10

Director Arthur B Laffer bought 2,595 shares of NXDT at $5.49 on 2024-07-03; stock now -57.7% from 52-week high.

Director Laffer purchased 2,595 shares at $5.49, expanding his holdings to 93,652 shares (+2.8% vs pre-transaction), while NXDT operates with negative fundamentals: a net income of $-21,548,000.00 over its most recent fiscal year and current price at $5.41, down 57.7% from the 52-week high of $12.80. His prior two purchases at NXDT in April both resulted in 90-day losses (-12.3% and -11.6%), establishing a pattern where timing has not favored subsequent stock recovery at this ticker. The transaction occurs alongside a cluster pattern—2 other insiders bought within the past 14 days—yet the combined context of sustained unprofitability, depressed valuation recovery (price still near lows despite 30-day +8.8% bounce), and Laffer's 0% 90-day win rate on prior NXDT purchases suggests the cluster activity warrants investor scrutiny of whether insider accumulation reflects genuine conviction or reflects liquidity/portfolio mechanics in a distressed position.

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