Richard Mack, CEO AND CHAIRMAN at Claros Mortgage Trust, Inc. (CMTG), bought 220,603 shares at $1.59 ($351K) on 2026-09-03, disclosed to the SEC on 2026-09-08.
CEO Richard Mack purchased 200,000 shares for $318,480 at $1.59, signaling confidence in the stock's value despite recent price declines. This insider buying comes as the company continues to deleverage its balance sheet and resolve watchlist assets.
The stock is down 20.16% over the last 30 days and 38.45% over the last 90 days, trading 61.28% below its 52-week high of $3.99. The current price of $1.545 is only 7.29% above the 52-week low of $1.44.
Analysts have reset the price target to US$2.50 (Simply Wall St., May 4, 2026) and maintained an Underperform rating, citing execution risks and earnings visibility. The company is actively deleveraging its balance sheet and resolving watchlist assets, with management noting 'meaningful progress' in 2025 and early 2026 (MarketBeat, Feb 20, 2026).
The company reported a GAAP net loss of $1.81 per share in Q2 2026 (GuruFocus.com, July 30, 2026), and analysts have repeatedly cut price targets from US$3.25 to US$2.50, reflecting concerns over asset quality and valuation support.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.59 | 200,000 | $318K | 90.7% |
| 2 | $1.59 | 20,603 | $33K | 9.3% |
| Total | $1.59 avg | 220,603 | $351K | 100% |
| Filing → |
| CMTG | BUY | 2025-03-12 | $367K | — | Filing → |
| CMTG | BUY | 2024-05-31 | $276K | — | Filing → |
| CMTG | BUY | 2024-05-29 | $1.2M | — | Filing → |