Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Realty Income Corp shares valued at $70,212 were sold by McLaughlin Gregory on Dec 03 ’24. At $56.17 per share, McLaughlin Gregory sold 1,250 shares. The insider’s holdings dropped to 34,636 shares worth approximately $1.84 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, McLaughlin Gregory purchased 1,250 shares, netting a total of over 70,212 in proceeds.
Before that, Preusse Mary Hogan had sold 1,712 shares from its account. In a trade valued at $107,128, the Director traded Realty Income Corp shares for $62.58 each. Upon closing the transaction, the insider’s holdings decreased to 1,712 shares, worth approximately $1.42 million.
As published in their initiating research note from Barclays on December 17, 2024, Realty Income Corp [O] has been an Equal weight and the price target has been revised to $59. Analysts at Deutsche Bank started covering the stock with ‘”a Hold”‘ outlook in a report released in mid December. As of November 14, 2024, Mizuho has decreased its “an Outperform” rating to a “Neutral” for O. Earlier on August 28, 2024, Stifel resumed its rating. Their recommendation was “a Buy” for O stock.
Analyzing O Stock Performance
During the last five days, there has been a drop of approximately -2.42%. Over the course of the year, Realty Income Corp shares have dropped approximately -7.35%. 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 $57.90, while a 200-day SMA reached $56.85. Nevertheless, trading volume fell to 2.58 million shares from 5.45 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 52.86, which, if violated, would cause prices to drop to 52.48. In the upper region, resistance lies at 53.43. The next price resistance is at 53.62. RSI (Relative Strength Index) is 33.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.49, which suggests the price will decrease in the coming days. Percent R is at 69.61%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
