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Alexander Abell sells $285,846 in Ridgepost Capital stock

Alexander Abell sells $285,846 in Ridgepost Capital stock

In a recent transaction, investor Alexander I. Abell sold 29,168 shares of Ridgepost Capital, Inc.'s Class A Common Stock on November 9, 2026. The sale netted Abell $285,846, with each share trading at prices between $9.76 and $9.86, for a weighted average of $9.80 per share. At the time of the sale, Ridgepost Capital's stock was trading at around $9.74, close to the weighted average price at which Abell bought the shares.

Valued by InvestingPro as undervalued, the company's stock showed a PEG ratio of 0.24, indicating potential upside relative to its growth prospects. The company's market cap was $1.07 billion. Following the sale, Abell's direct holding of Ridgepost Capital Class A Common Stock increased to 300,000 shares. Notably, Abell is believed to be part of a Section 13(d) group owning over 10% of the issuer's common stock.

Ridgepost Capital's financial results for Q3 2026 showed adjusted earnings of $0.25 per share, below the consensus estimate of $0.2645 per share. Despite the earnings miss, the company saw a notable 17% increase in fee-related revenue to $89 million and a 19% rise in fee-related earnings to $43 million. Despite these positive developments, Ridgepost Capital's stock price remained stable, positioned near the midpoint of its 52-week trading range.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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