Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Realty Income Corp. shares valued at $107,128 were sold by Preusse Mary Hogan on Sep 11 ’24. At $62.58 per share, Preusse Mary Hogan sold 1,712 shares. The insider’s holdings dropped to 26,579 shares worth approximately $1.68 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Mary Hogan Preusse purchased 1,712 shares, netting a total of over 107,000 in proceeds.
Before that, Chapman A. Larry had sold 5,000 shares from its account. In a trade valued at $303,850, the Director traded Realty Income Corp. shares for $60.77 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $0.33 million.
As published in a research note from Stifel on August 28, 2024, Realty Income Corp. [O] has been retained to a Buy and the price target has been revised to $70.25. Analysts at Wedbush started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid August. Earlier on June 12, 2024, KeyBanc Capital Markets initiated its rating. Their recommendation was “a Sector weight” for O stock.
Analyzing O Stock Performance
During the last five days, there has been a drop of approximately -1.02%. Over the course of the year, Realty Income Corp. shares have jumped approximately 10.26%. Shares of the company reached a 52-week high of $64.88 on 10/21/24 and a 52-week low of $50.65 on 04/17/24. A 50-day SMA is recorded $62.27, while a 200-day SMA reached $56.28. Nevertheless, trading volume fell to 3.83 million shares from 4.23 million shares the previous day.
Support And Resistance Levels for Realty Income Corp. (O)
According to the 24-hour chart, there is a support level at 62.84, which, if violated, would cause prices to drop to 62.37. In the upper region, resistance lies at 64.23. The next price resistance is at 65.14. RSI (Relative Strength Index) is 53.80 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.77, which suggests the price will decrease in the coming days. Percent R is at 41.53%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
