Redwood Trust (NYSE:RWT) CEO Christopher Abate Buys 100,000 Shares

Posted by Stanley Muller on Sep 16th, 2026

Redwood Trust, Inc. (NYSE:RWT – Get Free Report) CEO Christopher Abate purchased 100,000 shares of the company’s stock in a transaction dated Tuesday, September 15th. The stock was purchased at an average price of $3.84 per share, with a total value of $384,000.00. Following the completion of the purchase, the chief executive officer directly owned 679,283 shares in the company, valued at $2,608,446.72. The trade was a 17.26% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Redwood Trust Trading Up 2.5%

NYSE RWT opened at $3.92 on Wednesday. The company has a quick ratio of 67.49, a current ratio of 67.49 and a debt-to-equity ratio of 31.69. Redwood Trust, Inc. has a twelve month low of $3.22 and a twelve month high of $6.97. The company has a market cap of $493.02 million, a price-to-earnings ratio of -98.10 and a beta of 1.37. The business’s fifty day moving average is $4.67 and its 200 day moving average is $5.19.

Redwood Trust (NYSE:RWT – Get Free Report) last issued its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The business had revenue of $56.01 million during the quarter, compared to analysts’ expectations of $89.45 million. Redwood Trust had a return on equity of 16.02% and a net margin of 0.42%. As a group, sell-side analysts expect that Redwood Trust, Inc. will post 1.03 EPS for the current fiscal year.

Redwood Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 23rd will be paid a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $0.72 annualized dividend and a dividend yield of 18.3%. Redwood Trust’s dividend payout ratio is currently -1,800.00%.

Institutional Trading of Redwood Trust

Several institutional investors have recently added to or reduced their stakes in RWT. Bank of New York Mellon Corp lifted its position in shares of Redwood Trust by 0.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 714,220 shares of the real estate investment trust’s stock worth $3,385,000 after purchasing an additional 2,627 shares during the period. Bank of America Corp DE acquired a new stake in shares of Redwood Trust during the second quarter worth $2,032,000. Quantinno Capital Management LP increased its position in shares of Redwood Trust by 22.7% during the first quarter. Quantinno Capital Management LP now owns 373,932 shares of the real estate investment trust’s stock worth $2,098,000 after buying an additional 69,173 shares during the period. Legal & General Group Plc bought a new position in Redwood Trust during the second quarter worth $1,349,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Redwood Trust by 7,932.1% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 265,059 shares of the real estate investment trust’s stock worth $1,256,000 after buying an additional 261,759 shares during the last quarter. 74.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on RWT shares. BTIG Research reiterated a “buy” rating and set a $6.00 target price on shares of Redwood Trust in a research report on Tuesday, July 28th. Zacks Research cut shares of Redwood Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 21st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Redwood Trust in a research note on Wednesday, June 24th. Keefe, Bruyette & Woods cut their price target on shares of Redwood Trust from $5.50 to $4.75 and set an “outperform” rating on the stock in a report on Monday. Finally, Piper Sandler reduced their price objective on shares of Redwood Trust from $6.50 to $5.50 and set a “neutral” rating on the stock in a research note on Thursday, July 2nd. Six research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $5.84.

Check Out Our Latest Research Report on RWT

More Redwood Trust News

Here are the key news stories impacting Redwood Trust this week:

Positive Sentiment: Redwood Trust completed a private offering of $205 million of 7.00% convertible notes along with a related restructuring. The transaction should provide additional liquidity and financial flexibility, although the conversion feature could create future share dilution. Redwood Trust Completes Convertible Notes Offering and Restructuring
Positive Sentiment: Company insiders made substantial open-market purchases near $3.84-$3.85 per share. CEO Christopher J. Abate bought 100,000 shares, CFO Brooke Carillo purchased 26,065 shares, and Director Greg H. Kubicek acquired 50,000 shares. The purchases increased their respective holdings and may signal that management and the board view the stock as undervalued. CEO Insider Purchase
Neutral Sentiment: Investor Bradley L. Radoff urged Redwood Trust’s board to explore a sale of the company. A potential sale could unlock value for shareholders, but the proposal also highlights pressure on the board and does not guarantee a transaction will occur. Investor Urges Redwood Trust to Explore a Sale
Negative Sentiment: Keefe, Bruyette & Woods lowered its price target from $5.50 to $4.75, reflecting reduced expectations despite maintaining an “outperform” rating. The target cut may weigh on sentiment, although it still implies meaningful upside from recent trading levels. Keefe, Bruyette & Woods Price Target Update

About Redwood Trust

(Get Free Report)

Redwood Trust, Inc is a real estate investment trust that focuses on residential real estate credit. The company invests in, finances and manages residential mortgage assets, including jumbo and other non-agency mortgage loans, mortgage-backed securities and related credit investments. Its activities are primarily focused on the U.S. housing market.

Redwood operates through businesses that support the origination, financing and securitization of residential mortgage credit. Its platform has historically included Sequoia, which acquires and securitizes residential loans, as well as CoreVest, which provides financing to residential real estate investors and developers.