Leonard Tannenbaum, a director at Advanced Flower Capital Inc. (NASDAQ: AFCG), increased his direct stake in the company with purchases executed on March 26 and March 27, 2026. Across the two transactions he acquired 24,029 shares at $2.60 per share, bringing the total value of the buys to $62,475.
Following the trades, Tannenbaum's direct ownership in Advanced Flower Capital stands at 6,397,135 shares. The filings also indicate additional indirect holdings tied to Tannenbaum: 218,907 shares are reported as held by his spouse and 180,400 shares are attributed to the Tannenbaum Family Foundation.
The insider purchases arrive while AFCG's market price is quoted at $2.64 and the stock has declined nearly 50% over the past 12 months. Market-data referenced in company information shows a Price/Book ratio of 0.35, a metric described as reflecting an apparent undervaluation at current levels. Alongside that valuation signal, InvestingPro Tips note that AFCG produced strong returns over the last month and that this observation is one of more than eight additional tips available to subscribers of that service.
Investors are also contending with recent operating results. Advanced Flower Capital reported fourth-quarter 2025 results that fell short of analyst forecasts. The company recorded earnings per share of -$0.12 compared with a consensus estimate of $0.03, a shortfall characterized in the report as a -500% surprise relative to expectations. Revenue for the quarter was $5.19 million, below the anticipated $5.46 million.
Despite the earnings and revenue misses, the company's shares registered a slight increase in pre-market trading following the release of the fourth-quarter results. The combination of insider buying, depressed share price relative to last year, and the most recent quarterly disappointments frames a complex picture for market participants evaluating AFCG's near-term prospects.
Summary
Leonard Tannenbaum purchased 24,029 shares of Advanced Flower Capital at $2.60 per share on March 26 and 27, 2026, increasing his direct holdings to 6,397,135 shares. The company reported a Q4 2025 EPS of -$0.12 versus an expected $0.03 and revenue of $5.19 million against a $5.46 million projection. AFCG shares traded at $2.64 and are down nearly 50% year-over-year, while InvestingPro data indicates a Price/Book of 0.35 and InvestingPro Tips flag recent strong monthly returns.