Andrew Richardson Sells 2,832 Shares of Alpine Income Property Trust (NYSE:PINE) Stock

Posted by Geri Gentry on Jun 28th, 2026

Alpine Income Property Trust, Inc. (NYSE:PINE – Get Free Report) Director Andrew Richardson sold 2,832 shares of the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $19.96, for a total value of $56,526.72. Following the completion of the sale, the director owned 9,544 shares of the company’s stock, valued at approximately $190,498.24. This represents a 22.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Alpine Income Property Trust Trading Up 2.7%

Shares of PINE opened at $20.79 on Friday. The stock’s 50-day moving average is $19.44 and its two-hundred day moving average is $18.67. The stock has a market cap of $343.43 million, a PE ratio of -230.96, a P/E/G ratio of 1.39 and a beta of 0.56. Alpine Income Property Trust, Inc. has a 12 month low of $13.10 and a 12 month high of $21.20. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.45 and a quick ratio of 2.45.

Alpine Income Property Trust (NYSE:PINE – Get Free Report) last posted its earnings results on Thursday, April 23rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The company had revenue of $18.41 million during the quarter, compared to analyst estimates of $17.62 million. Alpine Income Property Trust had a net margin of 1.09% and a return on equity of 0.25%. Alpine Income Property Trust has set its FY 2026 guidance at 2.110-2.150 EPS. Equities analysts forecast that Alpine Income Property Trust, Inc. will post 2.14 earnings per share for the current fiscal year.

Alpine Income Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 11th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date is Thursday, June 11th. Alpine Income Property Trust’s dividend payout ratio is currently -1,333.33%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Martingale Asset Management L P raised its stake in shares of Alpine Income Property Trust by 3.2% in the 4th quarter. Martingale Asset Management L P now owns 16,217 shares of the company’s stock valued at $271,000 after purchasing an additional 500 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Alpine Income Property Trust by 13.5% in the first quarter. PNC Financial Services Group Inc. now owns 4,649 shares of the company’s stock valued at $84,000 after buying an additional 552 shares during the last quarter. Deutsche Bank AG raised its stake in Alpine Income Property Trust by 1.8% during the fourth quarter. Deutsche Bank AG now owns 32,366 shares of the company’s stock valued at $541,000 after buying an additional 567 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Alpine Income Property Trust by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 38,731 shares of the company’s stock valued at $648,000 after buying an additional 663 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Alpine Income Property Trust by 5.8% during the third quarter. JPMorgan Chase & Co. now owns 14,396 shares of the company’s stock valued at $204,000 after buying an additional 788 shares in the last quarter. 60.50% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PINE has been the topic of a number of recent research reports. Stifel Nicolaus set a $21.50 target price on shares of Alpine Income Property Trust in a research report on Friday, April 24th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Alpine Income Property Trust in a research note on Friday, April 24th. Raymond James Financial upgraded shares of Alpine Income Property Trust from an “outperform” rating to a “strong-buy” rating and set a $22.00 price objective on the stock in a report on Tuesday, March 17th. Alliance Global Partners reissued a “buy” rating on shares of Alpine Income Property Trust in a research report on Tuesday, April 28th. Finally, Truist Financial lowered their target price on Alpine Income Property Trust from $21.00 to $20.00 and set a “hold” rating for the company in a research note on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Alpine Income Property Trust presently has an average rating of “Moderate Buy” and a consensus target price of $20.21.

Get Our Latest Analysis on Alpine Income Property Trust

About Alpine Income Property Trust

(Get Free Report)

Alpine Income Property Trust, Inc is a publicly traded real estate investment trust that specializes in acquiring, owning and managing single-tenant net lease properties. The company focuses on sale-leaseback and build-to-suit transactions with food and beverage companies, targeting facilities that support production, distribution and processing operations. By structuring long-term, triple-net leases, Alpine Income Property Trust seeks to deliver stable, predictable cash flow while allowing tenants to unlock capital from real estate assets and reinvest in their core businesses.

The company’s portfolio is diversified across multiple U.S.