Eagle Point Credit Management LLC, 10% Owner at ACRES Commercial Realty (NYSE:ACR), reported a large insider buy on October 4, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that LLC purchased 7,985 shares of ACRES Commercial Realty. The total transaction amounted to $169,321.
ACRES Commercial Realty shares are trading down 0.72% at $8.3 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an ...