Eagle Point Credit Management sells $201,147 in Acres preferred stock By Investing.com

Eagle Point Credit Management LLC, a 10% owner and director of ACRES Commercial Realty Corp. (), sold a total of $201,147 worth of across multiple transactions between July 22 and July 24, 2026. The sales occurred at prices ranging from $21.78 to $21.79 per share. The preferred stock sales come as ACR’s common stock trades at $17.65, with the company sporting a market cap of $115.96 million. According to InvestingPro analysis, ACR appears undervalued based on its Fair Value assessment, trading at a notably low price-to-book multiple of 0.27.

On July 22, 2026, Eagle Point Credit Management sold 2,732 shares of the preferred stock at a price of $21.78 per share. The following day, July 23, 2026, an additional 5,234 shares were sold at $21.79 per share. A final transaction on July 24, 2026, involved the sale of 1,267 shares at $21.78 per share. The prices reported reflect weighted average prices per share. For the July 23 transaction, shares were sold in multiple transactions at prices ranging from $21.78 to $21.84 per share. For the July 24 transaction, shares were sold at prices ranging from $21.78 to $21.80 per share.

Following these transactions, Eagle Point Credit Management LLC indirectly beneficially owns 720,486 shares of 7.875% Series D Preferred Stock. The securities are held by certain private investment funds and accounts managed by Eagle Point Credit Management LLC, with Eagle Point DIF GP I LLC serving as general partner to some of these accounts. Eagle Point Credit Management LLC and Eagle Point DIF GP I LLC disclaim beneficial ownership of these securities. Investors should note that ACR’s common stock has faced headwinds this year, down 17% year-to-date, though InvestingPro data reveals the company maintains a FAIR financial health score and offers access to 7 additional ProTips. For comprehensive analysis, ACR is among the 1,400+ US equities covered by InvestingPro’s detailed Pro Research Reports, which transform complex Wall Street data into actionable intelligence.

Eagle Point Credit Management LLC also indirectly holds 1,177,060 shares of ACRES Commercial Realty Corp. Common Stock, $0.001 par value, and 339,325 shares of .

In other recent news, Acres Commercial Realty Corp reported its first-quarter 2026 earnings, which did not meet analyst expectations. The company posted an earnings per share (EPS) of $0.07, significantly below the forecasted $0.1706, representing a 58.97% negative surprise. Revenue also fell short, coming in at $19.5 million compared to the anticipated $20.92 million, marking a 6.79% shortfall. Despite these financial results, the stock experienced a minor pre-market increase. These developments highlight the challenges Acres Commercial Realty is facing in aligning with market expectations.

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