Richard Agree

Executive Chairman Richard Agree buys 5,000 shares of Agree Realty (ADC) at $71.41; stock now -10.6% from 52-week high

Richard Agree, Executive Chairman of Agree Realty, purchased 5,000 shares at $71.41 on 2026-06-04, bringing his holdings to 90,512 shares from 85,512 shares—a 5.8% increase in position size. The purchase occurs as the stock trades at $73.41, down 10.6% from its 52-week high of $82.08 and down 9.8% over the past 90 days. While his cross-ticker track record shows strong prior timing (7 buys averaging +5.8% 30-day return and +8.2% 90-day return with a 100% win rate), his same-ticker history at ADC is more limited in measurable outcomes—only 2 of 5 prior trades have concluded with measurable returns, both showing positive 90-day gains. The company fundamentals remain solid: $200.8M quarterly revenue with 16.4% annual growth and $62.1M net income, though the P/E of 40.11 reflects a premium valuation relative to broader market averages.

Executive Chairman Richard Agree buys 24,000 ADC shares at $70.67; holdings rise to 159.9K shares (+17.7%)

Richard Agree, Executive Chairman, purchased 24,000 shares at $70.67 on 2026-01-09, increasing his holdings by 17.7% to 159.9K shares. The stock currently trades at $71.38, 0.9% above the transaction price. However, his prior trades at ADC show a poor track record: of 5 prior buys at this ticker, only 1 was well-timed at the 90-day mark, with the majority showing negative 90-day returns (ranging from -6.6% to -11.1%). His broader cross-ticker buy history exhibits similar challenges, with an average 90-day return of -7.2% and a 16.67% win rate. The company shows solid fundamentals (revenue $183.2M, net income $52.1M, annual growth +14.8%), but the elevated P/E of 42.49 and the insider's pattern of poorly-timed purchases warrant attention to whether this accumulation will follow the same trajectory.