NNN REIT Inc’s recently made public that its EVP,Chief Acctg & Tech Officer Miller Michelle Lynn unloaded Company’s shares for reported $42510.0 on Dec 10 ’24. In the deal valued at $42.51 per share,1,000 shares were sold. As a result of this transaction, Miller Michelle Lynn now holds 68,756 shares worth roughly $2.9 million.
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
Then, Miller Michelle Lynn bought 1,000 shares, generating $42,680 in total proceeds.
Before that, Adamo Jonathan sold 5,000 shares. NNN REIT Inc shares valued at $235,500 were divested by the EVP, Portfolio Operations at a price of $47.10 per share. As a result of the transaction, Adamo Jonathan now holds 71,251 shares, worth roughly $3.01 million.
Deutsche Bank initiated its NNN REIT Inc [NNN] rating to a Hold in a research note published on December 11, 2024; the price target was $46. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who remained covering the stock and in early December has reiterated a ‘”a Buy”‘ rating for it. Exane BNP Paribas also remained covering NNN and has decreased its forecast on November 04, 2024 with a “an Underperform” recommendation from previously “Neutral” rating. Colliers Securities revised its rating on November 01, 2024. It rated NNN as “a Neutral” which previously was an “a Buy”.
Price Performance Review of NNN
On Monday, NNN REIT Inc [NYSE:NNN] saw its stock fall -0.85% to $42.22. Over the last five days, the stock has lost -1.15%. NNN REIT Inc shares have fallen nearly -2.04% since the year began. Nevertheless, the stocks have fallen -0.31% over the past one year. While a 52-week high of $49.57 was reached on 10/16/24, a 52-week low of $38.88 was recorded on 02/13/24. SMA at 50 days reached $44.69, while 200 days put it at $44.04.
Levels Of Support And Resistance For NNN Stock
The 24-hour chart illustrates a support level at 41.99, which if violated will result in even more drops to 41.76. On the upside, there is a resistance level at 42.57. A further resistance level may holdings at 42.92. The Relative Strength Index (RSI) on the 14-day chart is 36.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.50%. Stochastics %K at 13.93% indicates the stock is a buying.
How much short interest is there in NNN REIT Inc?
A steep rise in short interest was recorded in NNN REIT Inc stocks on 2024-11-29, dropping by -1.48 million shares to a total of 3.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 5.19 million shares. There was a decline of -40.0%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 31, 2024 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $41 price target.
