Director Sam Levinson Buys $488,796 of Clipper Realty Stock
CLPR sits 24% above its 52-week low of $2.692.
Summary
Director and 10% owner Sam Levinson bought $488,796 worth of Clipper Realty stock over three days, a notable insider purchase amid the company's financial struggles.
Key Events · Ownership and Investor Activity · CLPR
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Insider Purchase
Director and 10% owner Sam Levinson acquired 154,764 shares for $488,796 across three transactions from August 12-14, 2026, at prices ranging from $3.09 to $3.29 per share.
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Financial Impact
The purchase represents approximately 0.9% of the company's market cap, a meaningful commitment by a key insider.
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Context of Distress
The purchase follows a $125 million mortgage default disclosed in July and a Q2 revenue miss reported on August 6, 2026.
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Ownership Structure
Shares were acquired indirectly through Starburst 2016 II LLC, adding to Levinson's existing substantial holdings through multiple entities.
Analysis · CLPR · Real Estate & Construction
Director and 10% owner Sam Levinson purchased 154,764 shares for $488,796 across three transactions from August 12-14, 2026, at prices ranging from $3.09 to $3.29 per share. This is a significant open-market purchase by a key insider, representing roughly 0.9% of the company's market cap. The purchase comes amid financial distress—the company recently defaulted on a $125 million mortgage and reported a Q2 revenue miss. Levinson's willingness to deploy nearly half a million dollars of his own capital at current prices suggests he sees value despite the challenges, though his dual role as a 10% owner and director means the purchase may also reflect strategic positioning rather than pure operational conviction.
At the time of this filing, CLPR was trading at $3.34 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $54M. The 52-week trading range was $2.69 to $4.61. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.