Advanced Flower Capital president Robyn Tannenbaum buys $30,900 in stock

Advanced Flower Capital Inc. (NASDAQ:AFCG) President and Chief Investment Officer Robyn Tannenbaum made a sizable purchase of the company's common stock on November 6, 2026. The 10,000 shares were bought for a total of $30,900, with a weighted average price of $3.09 per share. The stock has increased by over 26% year-to-date and is currently trading at $3.44, with InvestingPro analysis suggesting the company is undervalued.

Tannenbaum's holdings now total 236,907 shares, with an additional 7,128,114 shares owned by her spouse. The Tannenbaum Family Foundation also holds 180,400 shares, with Tannenbaum disclaiming any beneficial ownership except for her pecuniary interest. While AFC reported a slight miss on revenue in its Q3 2026 financial results, the company's net asset value per share grew to $8.55, marking three consecutive quarters of growth.

The company is shifting focus from its cannabis portfolio to lower middle market lending, with non-cannabis investments making up about 32% of the portfolio. Management expects uneven loan deployment in the upcoming quarters and has been repurchasing stock and debt to increase shareholder value and reduce future obligations.