Been noticing something interesting lately - when top directors start dropping serious cash into their own company stock, that's usually worth paying attention to. Like, why would they do that unless they genuinely believe things are heading in a good direction, right?

So I came across this: Ivan Kaufman, who's the COB, CEO and President at Arbor Realty Trust (ABR), just picked up 54,000 shares back in November at $8.69 per share - that's nearly half a million dollars committed to the stock. When top directors make moves like that, it tends to signal some confidence in the company.

Here's the interesting part though - the stock has actually pulled back since then. Right now it's trading around $7.37, which means if you jumped in today you'd be getting a better entry point than what Kaufman paid. His cost basis was $8.69, but the market is offering shares in the $7.32-$7.37 range. Over the past year, ABR has ranged from a low of $7.20 to a high of $12.73, so there's definitely some volatility.

The company also pays out a dividend - currently around $1.2 per share annually in quarterly payments, which comes out to about a 16.2% yield at these prices. That's pretty solid if the dividend holds. When top directors are buying while the dividend yield is this attractive, it definitely catches my eye as worth monitoring.