1,987,367 Shares in Abacus Global Management, Inc. $ABX Purchased by Royce & Associates LP

Posted by Brenda Bartman on May 27th, 2026

Royce & Associates LP bought a new position in shares of Abacus Global Management, Inc. (NYSE:ABX – Free Report) during the fourth quarter, HoldingsChannel reports. The firm bought 1,987,367 shares of the company’s stock, valued at approximately $16,992,000.

A number of other institutional investors also recently added to or reduced their stakes in ABX. Summit Wealth & Retirement Planning Inc. acquired a new stake in Abacus Global Management during the fourth quarter valued at approximately $86,000. Axxcess Wealth Management LLC acquired a new stake in Abacus Global Management during the fourth quarter valued at approximately $98,000. World Investment Advisors acquired a new stake in Abacus Global Management during the fourth quarter valued at approximately $181,000. Citizens Financial Group Inc. RI acquired a new stake in Abacus Global Management during the fourth quarter valued at approximately $889,000. Finally, Pacific Ridge Capital Partners LLC acquired a new stake in Abacus Global Management during the fourth quarter valued at approximately $962,000.

Abacus Global Management Trading Up 6.2%

NYSE:ABX opened at $9.60 on Wednesday. Abacus Global Management, Inc. has a 1 year low of $4.60 and a 1 year high of $10.53. The firm has a 50 day moving average price of $8.95. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $920.85 million, a PE ratio of 24.62 and a beta of 0.11.

Abacus Global Management (NYSE:ABX – Get Free Report) last posted its quarterly earnings data on Thursday, March 12th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.03. Abacus Global Management had a net margin of 15.63% and a return on equity of 20.02%. The firm had revenue of $71.90 million during the quarter. As a group, analysts forecast that Abacus Global Management, Inc. will post 1.02 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ABX. Weiss Ratings started coverage on Abacus Global Management in a report on Thursday, January 29th. They set a “hold (c-)” rating on the stock. Wall Street Zen cut shares of Abacus Global Management from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Zacks Research cut shares of Abacus Global Management from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. Finally, Piper Sandler lifted their target price on shares of Abacus Global Management from $9.50 to $10.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, Abacus Global Management has a consensus rating of “Hold” and an average price target of $10.00.

Get Our Latest Stock Report on ABX

About Abacus Global Management

(Free Report)

Abacus Life, Inc operates as an alternative asset manager specializing in life insurance products. It purchases life insurance policies from consumers seeking liquidity and manages policies over time via trading, holding, and/or servicing. The company was founded in 2004 and is based in Orlando, Florida.