<div id="readability-page-1">New insider activity at Agree Realty ( (ADC) ) has taken place on May 18, 2026.<h3>Claim 55% Off TipRanks</h3><ul><li>Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions </li><li> Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks </li></ul> Agree Realty just saw a strong vote of confidence from its leadership team, with PRESIDENT &amp; CEO Joey Agree purchasing 13,295 shares of Agree Realty stock in a transaction valued at $1,002,575. Adding to the insider buying momentum, Director Greg Lehmkuhl acquired 750 shares of the company’s stock, in a purchase worth $56,317. These insider transactions highlight meaningful personal investments by top executives in the future of Agree Realty. Recent Updates on ADC stock Agree Realty shares saw mixed analyst sentiment in the last 24 hours as firms updated models after recent earnings and macro shifts. BofA nudged its valuation higher after incorporating Q1 results that reinforced solid fundamentals, while Mizuho trimmed its outlook citing broader macro and interest-rate uncertainty weighing on triple net REITs and potentially constraining sector multiples. Fundamentally, ADC highlighted stable AFFO growth guidance, high occupancy and conservative leverage, supporting bullish quantitative views even as valuation and forward-equity dilution risk remain constraints. Governance stability was underscored by shareholder approval of directors, auditors and executive pay, and the company further bolstered balance-sheet flexibility via an expanded ATM equity program and an automatic mixed securities shelf to fund future growth opportunistically. Spark’s Take on ADC Stock According to Spark, TipRanks’ AI Analyst, ADC is a Neutral. The score is driven primarily by solid underlying financial performance and a constructive earnings outlook with reiterated AFFO guidance and strong balance-sheet/liquidity commentary. These positives are tempered by weak near-term technical momentum and a valuation profile that looks expensive on P/E despite an attractive dividend yield. To see Spark’s full report on ADC stock, click here. More about Agree Realty YTD Price Performance: 4.83% Average Trading Volume: 1,144,989 Technical Sentiment Signal: Buy Current Market Cap: $8.94B</div>

On May 18, 2026, Agree Realty's CEO Joey Agree purchased 13,295 shares, valued at $1,002,575, signaling strong insider confidence. Director Greg Lehmkuhl also bought 750 shares for $56,317. Analyst sentiment on ADC stock is mixed, with BofA raising its valuation while Mizuho lowered its outlook due to macro uncertainties. Despite solid fundamentals, concerns about valuation and technical momentum persist. Spark rates ADC as Neutral, highlighting strong financial performance but expensive P/E ratios.

Tip Ranks

Agree Realty

Bank of America

Mizuho Financial

Mizuho Financial Group, Inc.

AGREE REALTY CORP DEP SHS EA REP 1/1000 CUM PFD STK SR A

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

Top Brass Makes Bold Insider Move at Agree Realty