Director Patrick Gregory buys 17,000 GPMT shares at $2.83; stake rises 22.0% to 94.4K shares as stock trades -22.9% from 52-week high
Director Halter Patrick Gregory purchased 17,000 shares of Granite Point Mortgage Trust Inc. at $2.83 on 2025-08-15, increasing his holdings from 77.4K to 94.4K shares (a 22.0% increase in position size). The purchase occurred as the stock trades at $2.76, down 22.9% from its 52-week high of $3.58, but up 12.6% over the past 30 days and 18.4% over 90 days. His same-ticker history shows mixed timing outcomes: a prior May 2025 buy delivered a 20.6% 90-day return (well-timed), while a February 2025 buy resulted in a -15.0% 90-day return (poorly-timed), indicating inconsistent pattern recognition at this specific ticker. The company reported a net loss of $13.4M in its most recent full fiscal year and carries a market cap of $130.8M, underscoring that this insider is accumulating shares in an unprofitable mortgage trust trading near its annual lows.
Director Patrick Gregory Halter bought 29.0K shares of GPMT at $2.38; holdings +85.3%, stock -31.0% from 52-week high.
Patrick Gregory Halter, a director of Granite Point Mortgage Trust Inc., purchased 29,000 shares at $2.38 on 2025-05-15, increasing his holdings by 85.3% to 63,001 shares total. The stock has recovered 42.0% over the past 30 days but remains 31.0% below its 52-week high of $3.58, suggesting the purchase occurred in a comparatively depressed price window. The company reported a net loss of $-7.0M over its most recent full fiscal year, making this an acquisition of stakes in an unprofitable mortgage REIT. His prior open-market buy at this same ticker on 2025-02-25 showed a 30-day return of -3.6%, and his broader cross-ticker track record shows only 1 prior buy with an average 30-day return of -3.6%, indicating no material track record of well-timed open-market entries across his history. The absence of a 90-day outcome from the February trade and no well-timed buy patterns in his history provide limited forward-looking visibility on whether this accumulation will prove timely.
Director Patrick Gregory Halter purchases 34,001 shares of GPMT at $2.80 amid -42.0% decline from 52-week high
Director Halter Patrick Gregory initiated a position in Granite Point Mortgage Trust Inc. with a purchase of 34,001 shares at $2.80 on 2025-02-25, representing his first acquisition of the stock. The purchase occurs at a price 42.0% below the 52-week high of $4.93, and the company is currently unprofitable with a net loss of $-31,024,000.00 against a market cap of $142,878,613.02. This buy-in by a new director holder warrants investor attention given the company's negative earnings backdrop and the stock's material decline, though the modest absolute position size and the fact that the director previously held zero shares suggest this is an initial stake rather than a signal of heightened conviction.
