Abacus global CEO Jay Jackson sells $1.7m in company stock By Investing.com

Jay J. Jackson, Chief Executive Officer, Director, and 10% Owner of Abacus Global Management, Inc. (), sold 196,000 shares of the company’s common stock on August 12, 2026. The transactions totaled $1,718,920, with shares sold at prices ranging from $8.530 to $9.070.

The shares were sold in open market transactions to satisfy estimated tax obligations. The reported price of $8.77 per share represents the weighted average sale price for these transactions. The stock has since climbed to $9.27, up 49% over the past year, though InvestingPro data shows it remains undervalued with a Fair Value of $12.26—placing it among stocks on the Most Undervalued list. Following these sales, Mr. Jackson beneficially owns 10,397,430 shares of Abacus Global Management common stock. For deeper insights into ABX’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities on InvestingPro.

In other recent news, Abacus Global Management reported second-quarter earnings that exceeded Wall Street expectations, with a significant increase in revenue. The company posted adjusted earnings of $0.28 per share, surpassing the forecast of $0.2427 per share. Total revenue for the quarter reached $73 million, marking a 30% rise from the previous year. Management highlighted the acceleration of capital deployment and the traction gained by new products. They also confirmed that the full-year guidance remains unchanged. These developments have contributed to a positive outlook for the company, as reflected in the recent after-hours trading. While specific analyst upgrades or downgrades were not mentioned, the earnings performance indicates a strong financial position.

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