ADC Agree Realty (ADC) Insider Trading, Ownership & Congress Trades
Real Estate · Real estate investment trusts · CIK 0000917251
Cluster · 5 insidersC-suite buying · 3
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
0
13F, latest reported quarter
What the filings say about ADC
Insiders, 180 days
+$7.1M net bought
5 buyers
Congress, 1 year
0 bought · 2 sold
Latest: sale, 2026-06-01
Agree Realty insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, AGREE REALTY CORP insiders bought a net $7.1M of stock across 84 Form 4 purchases and sales, with 5 insiders buying. Source: SEC Form 4 filings, as of 2026-10-27.
Insider
Filed
Shares
Value
Since filing
Context
- 9 earlier Form 4 trades (code P or S) here by this insider (9 buys), the last on Oct 3, 2025.
- -3.1% median (+0.5% mean) 90-day return after 7 previous buys.
- The trade is 1.7% of the 60,388 shares held after it.
- 2 other insiders bought within 30 days.
Insider activity: CHIEF GROWTH OFFICER Erlich Craig bought about $67.5K of ADC on Sep 21, 2026; 2 other insiders bought within 30 days.Context
- 28 earlier Form 4 trades (code P or S) here by this insider (28 buys), the last on Aug 31, 2026.
- +3.9% median (+3.6% mean) 90-day return after 22 previous buys.
- The trade is 3.1% of the 654,602 shares held after it.
- 2 other insiders bought within 30 days.
Insider activity: Director RAKOLTA JOHN JR bought about $1.4M of ADC on Sep 16, 2026; 2 other insiders bought within 30 days.Context
- 18 earlier Form 4 trades (code P or S) here by this insider (18 buys), the last on May 14, 2026.
- +2.9% median (+3.4% mean) 90-day return after 16 previous buys.
- The trade is 1.1% of the 682,465 shares held after it.
- 2 other insiders bought within 30 days.
Insider activity: PRESIDENT & CEO Agree Joey bought about $500.9K of ADC on Sep 16, 2026; 2 other insiders bought within 30 days.Context
- 27 earlier Form 4 trades (code P or S) here by this insider (27 buys), the last on Aug 28, 2026.
- +3.9% median (+3.6% mean) 90-day return after 22 previous buys.
- The trade is 1.6% of the 632,197 shares held after it.
- 2 other insiders bought within 30 days.
Insider activity: Director RAKOLTA JOHN JR bought about $724.2K of ADC on Aug 31, 2026; 2 other insiders bought within 30 days.Context
- 26 earlier Form 4 trades (code P or S) here by this insider (26 buys), the last on Aug 27, 2026.
- +3.9% median (+3.6% mean) 90-day return after 22 previous buys.
- The trade is 0.0% of the 622,197 shares held after it.
- 2 other insiders bought within 30 days.
Insider activity: Director RAKOLTA JOHN JR bought about $10.0K of ADC on Aug 28, 2026; 2 other insiders bought within 30 days.84 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net +$7.1M over 180 days
+$4.1M over 90 days
more than 99% of Real Estate
Congress
no House purchase disclosed in the last 12 months
Funds
under five funds report holding it
Revenue
+16.4% year over year
more than 79% of Real Estate
Margin
28.5% net margin
more than 69% of Real Estate
Buybacks
$6.2M repurchased, FY to 2026-09-30
below 61% of Real Estate
Short interest
6.1% of the float short (float per yahoo 2026-10-26) · 4.4 days to cover · settled 2026-09-30
more than 67% of Real Estate
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch ADC
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-7.1%12M
Insider buy
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns ADC: institutional holders (13F)
13F holdings, latest reported quarter
SEC 13F
No reported 13F holders
No fund above the reporting threshold listed this stock last quarter. That is a fact, not missing data.
Congress trades in ADC
STOCK Act disclosures, US House only, filed up to 45 days after the trade
Sold 2026-06-01 · disclosed 36 days later
$1,001 - $15,000
Sold 2026-01-15 · disclosed 29 days later
$15,001 - $50,000
Sold 2025-09-25 · disclosed 27 days later
$1,001 - $15,000
Bought 2025-08-13 · disclosed 30 days later
$1,001 - $15,000
Sold 2025-06-17 · disclosed 57 days later
$1,001 - $15,000
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
ADC planned insider sales (Form 144)
No planned-sale notices
No insider has filed to sell. Watch this after a run-up.
Executive pay vs shareholder return · Mr. Agree
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$11.0M
$13.5M
$1.9M
+34%
+38%
2024
$8.4M
$13.5M
$1.7M
+25%
+34%
2023
$8.2M
$5.9M
$1.4M
+7%
+23%
2022
$7.7M
$9.8M
$1.0M
+15%
+8%
2021
$7.3M
$8.5M
$825.2K
+11%
+43%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
5 insiders reported buying shares.
The record shows a net $7.1M bought by insiders over 180 days. Each figure is a federal filing, dated the day it went public.
ADC financials
Revenue growth
+16.4%
XBRL, annual
Net margin
28.5%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$810.3M
four quarters, 2025-10-01 to 2026-09-30
Revenue, TTM ADC
| FY Dec 2025 | $718.4M |
| FY Dec 2024 | $617.1M |
| FY Dec 2023 | $537.5M |
| FY Dec 2022 | $429.8M |
| FY Dec 2021 | $339.3M |
| Sep 2026 | $213.9M |
| Jun 2026 | $205.1M |
| Mar 2026 | $200.8M |
| Dec 2025 | $190.5M |
| Sep 2025 | $183.2M |
| Jun 2025 | $175.5M |
| Mar 2025 | $169.2M |
| Dec 2024 | $160.7M |
At each fiscal year end
Single quarter
Net margin, TTM
+29.8%
net income over revenue, 2025-10-01 to 2026-09-30
Net margin, TTM ADC
| FY Dec 2025 | +28.4% |
| FY Dec 2024 | +30.7% |
| FY Dec 2023 | +31.6% |
| FY Dec 2022 | +35.5% |
| FY Dec 2021 | +36.0% |
| Sep 2026 | +32.0% |
| Jun 2026 | +26.6% |
| Mar 2026 | +30.9% |
| Dec 2025 | +29.4% |
| Sep 2025 | +28.4% |
| Jun 2025 | +28.0% |
| Mar 2025 | +27.8% |
| Dec 2024 | +28.1% |
At each fiscal year end
Single quarter
Free cash flow, TTM
-$303.0M
operating cash flow minus capex, 2025-10-01 to 2026-09-30
Free cash flow, TTM ADC
| FY Dec 2025 | -$370.9M |
| FY Dec 2024 | -$443.0M |
| FY Dec 2023 | -$809.0M |
| FY Dec 2022 | -$1.2B |
| FY Dec 2021 | -$1.1B |
| Sep 2026 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | -$251.7M |
At each fiscal year end
Single quarter
Debt to equity
0.27x
long-term debt only, 2022-03-31 (54 months older than the period end); equity 2026-09-30
Debt to equity ADC
| FY Dec 2025 | 0.30x |
| FY Dec 2024 | 0.34x |
| FY Dec 2023 | 0.36x |
| FY Dec 2022 | 0.40x |
| FY Dec 2021 | 0.50x |
| Sep 2026 | 0.27x |
| Jun 2026 | 0.28x |
| Mar 2026 | 0.30x |
| Dec 2025 | 0.30x |
| Sep 2025 | 0.32x |
| Jun 2025 | 0.33x |
| Mar 2025 | 0.33x |
| Dec 2024 | 0.34x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.31x
TTM operating cash flow over long-term debt only, 2022-03-31 (54 months older than the period end)
Cash flow to debt ADC
| FY Dec 2025 | 0.27x |
| FY Dec 2024 | 0.23x |
| FY Dec 2023 | 0.21x |
| FY Dec 2022 | 0.20x |
| FY Dec 2021 | 0.15x |
| Sep 2026 | 0.31x |
| Jun 2026 | 0.29x |
| Mar 2026 | 0.28x |
| Dec 2025 | 0.27x |
| Sep 2025 | 0.26x |
| Jun 2025 | 0.25x |
| Mar 2025 | 0.25x |
| Dec 2024 | 0.23x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+3.8%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on equity ADC
| FY Dec 2025 | +3.5% |
| FY Dec 2024 | +3.5% |
| FY Dec 2023 | +3.5% |
| FY Dec 2022 | +3.8% |
| FY Dec 2021 | +4.1% |
| Sep 2026 | +3.8% |
| Jun 2026 | +3.7% |
| Mar 2026 | +3.7% |
| Dec 2025 | +3.5% |
| Sep 2025 | +3.5% |
| Jun 2025 | +3.4% |
| Mar 2025 | +3.5% |
| Dec 2024 | +3.5% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+2.4%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on assets ADC
| FY Dec 2025 | +2.2% |
| FY Dec 2024 | +2.3% |
| FY Dec 2023 | +2.3% |
| FY Dec 2022 | +2.6% |
| FY Dec 2021 | +2.7% |
| Sep 2026 | +2.4% |
| Jun 2026 | +2.3% |
| Mar 2026 | +2.3% |
| Dec 2025 | +2.2% |
| Sep 2025 | +2.2% |
| Jun 2025 | +2.2% |
| Mar 2025 | +2.3% |
| Dec 2024 | +2.3% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
tax provision or pre-tax income not filed for the four quarters
Return on invested capital ADC
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Sep 2026 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
n/a
assets or current liabilities not filed
Return on capital employed ADC
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Sep 2026 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
34.74x
close 2026-10-26 over four quarters of diluted EPS, 2025-10-01 to 2026-09-30
P/E, trailing ADC
| FY Dec 2025 | 40.69x |
| FY Dec 2024 | 39.58x |
| FY Dec 2023 | 36.81x |
| FY Dec 2022 | 38.76x |
| FY Dec 2021 | 40.09x |
| Sep 2026 | 34.44x |
| Jun 2026 | 40.72x |
| Mar 2026 | 40.75x |
| Dec 2025 | 40.69x |
| Sep 2025 | 41.54x |
| Jun 2025 | 43.49x |
| Mar 2025 | 43.61x |
| Dec 2024 | 39.58x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$10.5B
market value at close 2026-10-26 on 2026-10-19 shares, plus long-term debt only, 2022-03-31 (54 months older than the period end), minus cash 2026-09-30
Enterprise value ADC
| FY Dec 2025 | $10.1B |
| FY Dec 2024 | $9.1B |
| FY Dec 2023 | $8.2B |
| FY Dec 2022 | $8.1B |
| FY Dec 2021 | $6.6B |
| Sep 2026 | $10.1B |
| Jun 2026 | $10.9B |
| Mar 2026 | $10.9B |
| Dec 2025 | $10.1B |
| Sep 2025 | $9.7B |
| Jun 2025 | $9.9B |
| Mar 2025 | $10.1B |
| Dec 2024 | $9.1B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
-3.5%
TTM free cash flow over market value at close 2026-10-26
FCF yield ADC
| FY Dec 2025 | -4.5% |
| FY Dec 2024 | -6.1% |
| FY Dec 2023 | -12.8% |
| FY Dec 2022 | -19.6% |
| FY Dec 2021 | -23.0% |
| Sep 2026 | -3.6% |
| Jun 2026 | -3.7% |
| Mar 2026 | -3.9% |
| Dec 2025 | -4.5% |
| Sep 2025 | -5.0% |
| Jun 2025 | -5.1% |
| Mar 2025 | -5.0% |
| Dec 2024 | -6.1% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
2.58x
P/E over trailing EPS growth of 13%: four quarters to 2026-09-30 against the four to 2025-09-30
PEG, trailing ADC
| FY Dec 2025 | n/a |
| FY Dec 2024 | 9.67x |
| FY Dec 2023 | n/a |
| FY Dec 2022 | 13.80x |
| FY Dec 2021 | 17.44x |
| Sep 2026 | 2.56x |
| Jun 2026 | 3.80x |
| Mar 2026 | 9.02x |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | 10.59x |
| Dec 2024 | 9.67x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $718.4M | $617.1M | $537.5M | $429.8M |
| Operating income | $340.4M | $302.2M | $254.4M | $218.1M |
| Net income | $204.3M | $189.2M | $170.0M | $152.4M |
| EPS (diluted) | 1.77 | 1.78 | 1.70 | 1.83 |
| Operating cash flow | $504.1M | $432.0M | $391.6M | $362.1M |
| Cash | $16.3M | $6.4M | $10.9M | $27.8M |
| Buybacks | $3.7M | $2.3M | $2.7M | $1.9M |
| Dividends paid | $340.7M | $303.6M | $277.7M | $220.3M |
SEC XBRL, fiscal years, as known on 2026-10-27
ADC Stock Sonar score 6/7 axes
Find similar shapesCompareADC ranks highest on insider conviction (98th percentile) and financial health (83rd), and lowest on institutional and government (3rd), among Real Estate peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
ADC filings, in plain words
Are Agree Realty insiders buying or selling ADC?
In the 180 days to 2026-10-27, Agree Realty insiders were net buyers, a net $7.1M across purchases and sales reported on Form 4, by 5 buyers.
Have members of Congress traded ADC?
Yes. In the year to 2026-10-27, 0 House members disclosed buying ADC and 2 House members disclosed selling it; the latest on record is a sale by Josh Gottheimer dated 2026-06-01.
Read the full summary
In the 180 days to 2026-10-27, Agree Realty insiders were net buyers of ADC, a net $7.1M across purchases and sales reported on Form 4 by 5 buyers. 3 different insiders reported purchases within the last 90 days, a cluster buy, which is rarer than a single purchase. In the year to 2026-10-27, 0 members of Congress disclosed buying ADC and 2 members disclosed selling it; the latest on record is a sale by Josh Gottheimer dated 2026-06-01. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.
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