James Peter Flynn, CEO at Lument Finance Trust, Inc. (LFT), bought 44,000 shares at $0.61 ($27K) on 2026-08-18, disclosed to the SEC on 2026-08-20.
CEO James Peter Flynn purchased $12,132 worth of shares at $0.61, signaling confidence in the company's turnaround potential despite recent financial struggles. This insider buying comes as the stock trades near its 52-week low, potentially offering a contrarian entry point.
The stock has crashed 72.81% over the last year and is down 31.63% in the past 30 days, currently trading at $0.5928, just 0.8% above its 52-week low of $0.5881.
1) Q2 2026 earnings call on August 14, 2026, where management discussed strategic alternatives and credit improvement; 2) Q1 2026 earnings call on May 15, 2026, which reported a GAAP net loss and legacy credit issues; 3) A cluster of insider buying activity reported on May 7, 2026, indicating broader management support.
The company reported a GAAP net loss of $7.8 million in Q4 2025 and a net loss in Q2 2026, with book value declining, which could pressure the stock further.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.61 | 20,000 | $12K | 45.4% |
| 2 | $0.61 | 24,000 | $15K | 54.6% |
| Total | $0.61 avg | 44,000 | $27K | 100% |
| Filing → |
| LFT | BUY | 2025-11-26 | $88K | — | Filing → |
| LFT | BUY | 2022-03-22 | $38K | — | Filing → |
| LFT | BUY | 2021-03-12 | $19K | — | Filing → |