President and CEO of Arbor Realty Trust has recently increased his positions several times in the company. On 3/19/2012, he bought 20,000 shares of the company at an average price of $5.37. On 6/14/2012, he bought an additional 25,000 shares of the company. On 6/19/2012, Ivan Kaufman further purchased 30,000 shares of ABR at the average price of $5.06.
Various other insiders have also increased their positions in the company. Director William Geren bought 5,000 shares of the company on 6/19/2012. Director Melvin Lazar bought purchased 50,000 shares of the company throughout the course of two weeks in the first quarter of 2012. No gurus currently hold any positions in ABR.
President and CEO Ivan Kaufman holds various other positions aside from his work at Arbor Realty Trust. He serves as the chair of the independent judicial election qualification commission for the 10th Judicial District of New York. Additionally, he also founded the North Shore Hebrew Academy High School. Kaufman is also a featured presenter at Columbia University and Wharton Business School.
ABR has an average revenue growth average of -5.6% per year in the last 10 years. The company’s revenue was showing steady growth from 2004 until 2007, as outlined by the chart below. However, after 2007 the company’s revenue continually decreased until showing a little improvement in 2011.
Earnings per share have also been unsteady for the company, negative for 3 out of the past 8 years. In 2011, the company posted a net loss of $1.61 per share. ABR holds about $153 million in cash, but owes over $1 billion in long-term debt. Aside from cash, the rest of the company’s assets are from accounts receivable.
In 2011, ABR bought back $5.74 million worth of shares. The last net issuance of stock was back in 2007, when the company issued $73.65 worth of new shares.