{
  "id": 9236596,
  "title": "Abacus global director Sean McNealy sells $671,464 in stock",
  "url": "https://urgent.news/2026/09/23/abacus-global-director-sean-mcnealy-sells-671-464-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T01:16:07.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/abacus-global-director-sean-mcnealy-sells-671464-in-stock-93CH-4911971"
  },
  "original_language": "en",
  "account": "Abacus Global Management, Inc. (NASDAQ:ABX) saw a significant share sale by its director and 10% owner, Sean McNealy, in mid-September 2026. The director offloaded a total of $671,464 worth of shares through three transactions. The shares were sold at prices ranging from $8.01 to $8.79, following a weighted average price for the transactions. Despite the recent decline in ABX stock price by nearly 13%, analysts maintain that the stock is undervalued, with price targets ranging between $12 and $16 - suggesting a potential upside of 50% or more. Mr. McNealy's transactions were carried out in accordance with a Rule 10b5-1 trading plan he had established in June 2025. Following the sales, he still owns 12,529,652 shares directly and indirectly owns an additional 86,207 shares through a jointly held LLC with his spouse. Abacus Global Management reported strong second-quarter earnings, surpassing Wall Street expectations. The company reported adjusted earnings of $0.28 per share, beating the forecast of $0.2427 and marked a 15.4% increase over prior year figures. Revenue reached $73 million, representing a 30% increase from the previous year. Management announced that capital deployment accelerated during the quarter and new products showed promising traction in the market. The company maintained its full-year guidance, demonstrating confidence in its strategies.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Abacus Global Management director Kevin Kirby sells $675,903 in shares",
        "url": "https://urgent.news/2026/09/23/abacus-global-management-director-kevin-kirby-sells-675-903-in-shares",
        "published": "2026-09-23T01:16:07.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}