Saturday, June 25, 2022

President DONDERO JAMES D purchased 5,029 shares of NexPoint Real Estate Finance Inc. [NREF]

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. NexPoint Real Estate Finance Inc. shares valued at $123,915 were purchased by DONDERO JAMES D on Jun 16. At $24.64 per share, DONDERO JAMES D acquired 5,029 shares. The insider’s holdings grew to 5,029 shares worth approximately $0.11 million following the completion of this transaction.


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As published in a research note from Raymond James on May 21, 2020, NexPoint Real Estate Finance Inc. [NREF] has been rated up from an Outperform to a Strong buy and the price target has been revised to $18 from $16. This represents a -19.56% premium over Wednesday’s closing price.

Analyzing NREF’s Price Performance

On Wednesday, NexPoint Real Estate Finance Inc. [NYSE: NREF] rose 4.26% to $21.52. The stock’s lowest price that day was $20.70, but it reached a high of $21.73 in the same session. During the last five days, there has been a surge of approximately 7.17%. Over the course of the year, NexPoint Real Estate Finance Inc. shares have jumped approximately 11.79%. Shares of the company reached a 52-week high of $25.98 on 05/17/22 and a 52-week low of $18.05 on 01/25/22. A 50-day SMA is recorded $23.22, while a 200-day SMA reached $21.38. Nevertheless, trading volume fell to 0.16 million shares from 0.1 million shares the previous day.

Support And Resistance Levels for NexPoint Real Estate Finance Inc. (NREF)

According to the 24-hour chart, there is a support level at 20.90, which, if violated, would cause prices to drop to 20.29. In the upper region, resistance lies at 21.93. The next price resistance is at 22.35. RSI (Relative Strength Index) is 42.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.05, which suggests the price will decrease in the coming days. Percent R is at 57.63%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Is NexPoint Real Estate Finance Inc. subject to short interest?

Stocks of NexPoint Real Estate Finance Inc. saw a sharp rise in short interest on Apr 28, 2022 jumping by 4550.0 shares to 70310.0. Data from Yahoo Finance shows that the short interest on Mar 30, 2022 was 65760.0 shares. A jump of 6.47% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.23 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.23.

Which companies own the most shares of NexPoint Real Estate Finance Inc. (NREF)?

According to Highland Capital Management Fund filings, the company currently owns 5,694,670 shares, which is about 39.04% of the total NREF shares outstanding. The investor’s shares have plunged by -763,541 from its previous 13-F filing of 6458211.0 shares. With the completion of the sale, NexPoint Advisors LP’s stake is now worth $18,651,939. The Vanguard Group, Inc. acquire a 27.29% interest valued at $8.47 million while Kennedy Capital Management, Inc. sold a -1,851 stake. A total of 98,566 shares of NexPoint Real Estate Finance Inc. were sold by NexPoint Residential Trust, Inc. during the quarter, and 27,977 were bought by Raymond James & Associates, Inc. In its current portfolio, Millennium Management LLC holds 172,498 shares valued at $4.21 million.

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