KD Logo

Essential Properties Realty Trust Inc (EPRT) gets rating Initiated from Barclays

Essential Properties Realty Trust Inc’s filing revealed that its President and CEO Mavoides Peter M. unloaded Company’s shares for reported $0.54 million on Nov 04 ’24. In the deal valued at $31.89 per share,16,829 shares were sold. As a result of this transaction, Mavoides Peter M. now holds 402,485 shares worth roughly $12.74 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, Peter Mavoides bought 44,646 shares, generating $1,462,603 in total proceeds.

Before that, Mavoides Peter M. sold 27,817 shares. Essential Properties Realty Trust Inc shares valued at $899,324 were divested by the President and CEO at a price of $32.33 per share. As a result of the transaction, Mavoides Peter M. now holds 446,076 shares, worth roughly $14.12 million.

Barclays initiated its Essential Properties Realty Trust Inc [EPRT] rating to an Overweight in a research note published on December 17, 2024; the price target was $35.94. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. Wedbush began covering EPRT with “an Outperform” recommendation on August 19, 2024. Evercore ISI revised its rating on July 17, 2024. It rated EPRT as “an In-line” which previously was an “an Outperform”.

Price Performance Review of EPRT

On Monday, Essential Properties Realty Trust Inc [NYSE:EPRT] saw its stock jump 0.41% to $31.66. Over the last five days, the stock has lost -3.59%. Essential Properties Realty Trust Inc shares have risen nearly 23.87% since the year began. Nevertheless, the stocks have risen 23.09% over the past one year. While a 52-week high of $34.88 was reached on 11/29/24, a 52-week low of $23.58 was recorded on 02/29/24. SMA at 50 days reached $32.92, while 200 days put it at $29.79.

Levels Of Support And Resistance For EPRT Stock

The 24-hour chart illustrates a support level at 31.25, which if violated will result in even more drops to 30.85. On the upside, there is a resistance level at 31.86. A further resistance level may holdings at 32.07. The Relative Strength Index (RSI) on the 14-day chart is 40.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.26%. Stochastics %K at 22.67% indicates the stock is a holding.

How much short interest is there in Essential Properties Realty Trust Inc?

A steep rise in short interest was recorded in Essential Properties Realty Trust Inc stocks on 2024-11-29, growing by 1.98 million shares to a total of 20.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 18.33 million shares. There was a rise of 9.74%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on June 28, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $33 price target.

Most Popular