Director Lazar Melvin F bought 5,000 shares of ABR at $8.28; cluster of 3 insiders buying within 14 days as stock trades -44.3% from 52-week high.
Director Melvin F. Lazar purchased 5,000 shares at $8.28, adding to his 239,714-share position at a price level significantly depressed relative to recent highs. The transaction occurs within a cluster pattern: 2 other insiders also bought within the past 14 days, suggesting coordinated conviction by the insider group. The stock currently trades at $8.53, down -44.3% from its 52-week high of $15.32 and down -26.7% over the past 30 days, indicating sustained downward pressure. Against this backdrop, the filing shows ABR's fundamentals remain intact, with net income of $52,016,000.00 and a P/E of 8.05, suggesting the price decline has created a valuation floor that multiple insiders are willing to transact near.