Blackstone Mortgage Trust CEO buys $1.04M in shares

Timothy Steven Johnson, CEO and Director of Blackstone Mortgage Trust (BXMT), recently bought 90,000 shares of the company's Class A Common Stock on November 4, 2026. The purchase, valued at $1,035,351, was made in multiple transactions at prices ranging from $11.445 to $11.585 per share, averaging $11.5039 per share. This acquisition brings Johnson's direct ownership of the company's stock to 617,900 shares.

Despite the stock's 36.6% decline over the past six months, Blackstone Mortgage Trust offers an attractive dividend yield of 10.3%. The company recently reported strong third-quarter earnings, with distributable earnings of $0.38 per share, beating analyst expectations of $0.25 per share. However, the company decided to cut its quarterly dividend from $0.47 to $0.30 due to ongoing challenges, including a 12% drop in book value and credit stress in its loan portfolio.

Analysts and investors are watching these developments closely as they evaluate Blackstone Mortgage Trust's financial health.