{
  "id": 9432696,
  "title": "Abacus global director Kirby sells $176k in company stock",
  "url": "https://urgent.news/2026/09/23/abacus-global-director-kirby-sells-176k-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T22:45:48.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/abacus-global-director-kirby-sells-176k-in-company-stock-93CH-4914176"
  },
  "original_language": "en",
  "account": "Abacus Global Management's Director and 10% Owner, Kevin Scott Kirby, sold 22,745 shares of the company's common stock on September 23, 2026. The shares were purchased at prices between $7.63 and $7.88, totaling $176,046. The transactions were made under a Rule 10b5-1 trading plan adopted on June 18, 2026. Kirby's sale occurred as ABX shares dropped 15% over the previous week, trading at $7.82, despite InvestingPro analysis indicating the stock is undervalued at $11.50. The company holds a healthy financial score and trades at a P/E ratio of 28.3. Following the sales, Kirby directly owns 12,506,060 shares of Abacus Global Management common stock, with an additional 86,207 shares indirectly held through a jointly owned LLC with his spouse. Meanwhile, Abacus Global Management reported second-quarter earnings surpassing expectations, with adjusted earnings of $0.28 per share and total revenue of $73 million, a 30% increase from the previous year. The company maintained its full-year guidance, leading to a 3.94% rise in its shares during after-hours trading.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Abacus Global Management director Sean McNealy sells $175,698 in stock",
        "url": "https://urgent.news/2026/09/23/abacus-global-management-director-sean-mcnealy-sells-175-698-in-stock",
        "published": "2026-09-23T22:45:49.000Z"
      }
    ]
  },
  "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."
}