American Finance Trust Inc (NASDAQ:AFIN) Director Lisa Kabnick acquired 100,000 shares of the stock in a transaction dated Tuesday, May 14th. The shares were bought at an average price of $10.43 per share, with a total value of $1,043,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NASDAQ:AFIN opened at $11.26 on Thursday. American Finance Trust Inc has a 12 month low of $9.36 and a 12 month high of $18.50. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.28.

American Finance Trust (NASDAQ:AFIN) last posted its quarterly earnings data on Wednesday, May 8th. The company reported ($0.03) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.03. American Finance Trust had a negative net margin of 19.15% and a negative return on equity of 3.43%. The business had revenue of $71.54 million during the quarter.

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, June 10th will be paid a dividend of $0.0917 per share. The ex-dividend date is Friday, June 7th. This represents a $1.10 annualized dividend and a dividend yield of 9.77%.

Several large investors have recently bought and sold shares of AFIN. Capital Investment Advisory Services LLC acquired a new position in American Finance Trust during the fourth quarter valued at $25,000. Private Ocean LLC acquired a new position in American Finance Trust during the fourth quarter valued at $26,000. Hanson McClain Inc. lifted its position in American Finance Trust by 78.5% during the first quarter. Hanson McClain Inc. now owns 2,701 shares of the company’s stock valued at $29,000 after purchasing an additional 1,188 shares during the period. CWM LLC acquired a new position in American Finance Trust during the fourth quarter valued at $30,000. Finally, Ruggie Capital Group acquired a new position in American Finance Trust during the fourth quarter valued at $30,000. Institutional investors and hedge funds own 15.64% of the company’s stock.

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About American Finance Trust

American Finance Trust, Inc (Nasdaq: AFIN) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S.

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