<div id="readability-page-1"><p>ACRES Commercial Realty Corp. (NYSE:ACR - Get Free Report) major shareholder Eagle Point Credit Management sold 600 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $25.25, for a total value of $15,150.00. Following the completion of the sale, the insider directly owned 354,448 shares of the company's stock, valued at $8,949,812. The trade was a 0.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.</p><p>Eagle Point Credit Management also recently made the following trade(s): </p><ul><li>On Thursday, February 26th, Eagle Point Credit Management sold 1,301 shares of ACRES Commercial Realty stock. The stock was sold at an average price of $25.28, for a total transaction of $32,889.28. </li><li>On Wednesday, February 25th, Eagle Point Credit Management sold 1,800 shares of ACRES Commercial Realty stock. The stock was sold at an average price of $25.25, for a total transaction of $45,450.00. </li><li>On Thursday, February 19th, Eagle Point Credit Management sold 100 shares of ACRES Commercial Realty stock. The shares were sold at an average price of $25.23, for a total transaction of $2,523.00. </li><li>On Wednesday, February 18th, Eagle Point Credit Management sold 409 shares of ACRES Commercial Realty stock. The shares were sold at an average price of $25.20, for a total transaction of $10,306.80. </li><li>On Tuesday, February 17th, Eagle Point Credit Management sold 273 shares of ACRES Commercial Realty stock. The stock was sold at an average price of $22.20, for a total transaction of $6,060.60. </li><li>On Wednesday, February 4th, Eagle Point Credit Management sold 97 shares of ACRES Commercial Realty stock. The stock was sold at an average price of $22.12, for a total transaction of $2,145.64. </li><li>On Tuesday, February 3rd, Eagle Point Credit Management sold 49 shares of ACRES Commercial Realty stock. The shares were sold at an average price of $22.42, for a total transaction of $1,098.58. </li><li>On Monday, February 2nd, Eagle Point Credit Management sold 5,200 shares of ACRES Commercial Realty stock. The stock was sold at an average price of $22.11, for a total transaction of $114,972.00. </li><li>On Friday, January 30th, Eagle Point Credit Management sold 4,780 shares of ACRES Commercial Realty stock. The stock was sold at an average price of $23.89, for a total value of $114,194.20. </li><li>On Thursday, January 29th, Eagle Point Credit Management sold 53 shares of ACRES Commercial Realty stock. The shares were sold at an average price of $22.10, for a total value of $1,171.30. </li></ul><h2>ACRES Commercial Realty Stock Performance</h2><p>Shares of ACR traded up $0.03 on Thursday, reaching $18.70. 8,930 shares of the company's stock traded hands, compared to its average volume of 23,241. The stock's 50 day simple moving average is $19.95 and its two-hundred day simple moving average is $20.67. The stock has a market cap of $136.32 million, a PE ratio of 19.48 and a beta of 1.19. ACRES Commercial Realty Corp. has a 52-week low of $16.51 and a 52-week high of $24.61. The company has a current ratio of 104.99, a quick ratio of 104.99 and a debt-to-equity ratio of 2.73. </p><p>ACRES Commercial Realty declared that its Board of Directors has initiated a share repurchase plan on Wednesday, October 29th that allows the company to repurchase $7.50 million in    shares. This repurchase authorization allows the company to buy up to 5.3% of its stock  through open market purchases. Stock  repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued. </p><h2>Analyst Ratings Changes</h2><p>Several research firms recently weighed in on ACR. Wall Street Zen upgraded shares of ACRES Commercial Realty from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, January 10th. Zacks Research upgraded shares of ACRES Commercial Realty to a &#34;hold&#34; rating in a research note on Friday, December 19th. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of ACRES Commercial Realty in a research report on Monday, December 29th. Citizens Jmp  set a $24.50 price target on shares of ACRES Commercial Realty in a report on Friday, October 31st. Finally, Citigroup  reiterated an &#34;outperform&#34; rating on shares of ACRES Commercial Realty in a research note on Friday, October 31st. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of &#34;Hold&#34; and an average price target of $24.50.</p><p><b>Read Our Latest Research Report on ACR</b></p><h2>Institutional Trading of ACRES Commercial Realty</h2><p>Institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets grew its stake in  ACRES Commercial Realty by 120.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,354 shares of the company's stock valued at $29,000 after buying an additional 739 shares in the last quarter.  JPMorgan Chase &amp; Co. bought a new position in shares of  ACRES Commercial Realty in the second quarter worth $52,000.  MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of  ACRES Commercial Realty in the second quarter valued at $60,000.  Bank of America Corp DE raised its stake in shares of  ACRES Commercial Realty by 110.4% during the 2nd quarter. Bank of America Corp DE now owns 3,671 shares of the company's stock valued at $66,000 after purchasing an additional 1,926 shares during the period.  Finally, MetLife Investment Management LLC bought a new stake in shares of  ACRES Commercial Realty during the 4th quarter valued at $76,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>About ACRES Commercial Realty</h2> (Get Free Report)<p>ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and equity investments in commercial real estate property in the United States. It invests in commercial real estate-related assets, including floating-rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine financing, preferred equity investments, and commercial mortgage-backed securities.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than ACRES Commercial Realty</li><li>MAJOR BUY ALERT: Mar-a-Lago/Trump/Elon</li><li>The free stock picks nobody’s talking about</li><li>Unlocked: Elon Musk’s Next Big IPO</li><li>The Man Who Predicted the iPhone Says Buy These 3 Companies</li><li>This makes me furious</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFDUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFDUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in ACRES Commercial Realty Right Now?</h2><p>Before you consider ACRES Commercial Realty, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ACRES Commercial Realty wasn't on the list.</p><p>While ACRES Commercial Realty currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Eagle Point Credit Management, a major shareholder of ACRES Commercial Realty (NYSE: ACR), sold 600 shares at an average price of $25.25, totaling $15,150. This sale reduced their ownership by 0.17%, leaving them with 354,448 shares valued at approximately $8.95 million. The transaction was disclosed to the SEC. In recent trades, they sold additional shares, with the stock currently trading at $18.70, down from a 52-week high of $24.61. ACRES has initiated a $7.5 million share repurchase plan, indicating potential undervaluation of its shares.</p>

ACRES Commercial Realty (NYSE:ACR) Major Shareholder Sells $15,150.00 in Stock