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Potential Price Increase for Realty Income Corp (O) After Recent Insider Activity

In a filing, Realty Income Corp revealed its Director McLaughlin Gregory unloaded Company’s shares for reported $70212.0 on Dec 03 ’24. In the deal valued at $56.17 per share,1,250 shares were sold. As a result of this transaction, McLaughlin Gregory now holds 34,636 shares worth roughly $1.85 million.

Then, McLaughlin Gregory bought 1,250 shares, generating $70,212 in total proceeds.

Before that, Preusse Mary Hogan sold 1,712 shares. Realty Income Corp shares valued at $107,128 were divested by the Director at a price of $62.58 per share. As a result of the transaction, Preusse Mary Hogan now holds 26,579 shares, worth roughly $1.42 million.

Barclays initiated its Realty Income Corp [O] rating to an Equal weight in a research note published on December 17, 2024; the price target was $59. 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 Hold”‘ rating. Mizuho also remained covering O and has decreased its forecast on November 14, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. Stifel maintained its rating on August 28, 2024. It rated O as “a Buy”.

Price Performance Review of O

On Friday, Realty Income Corp [NYSE:O] saw its stock jump 1.29% to $53.28. Over the last five days, the stock has gained 0.40%. Realty Income Corp shares have fallen nearly -0.24% since the year began. Nevertheless, the stocks have fallen -7.71% over the past one year. While a 52-week high of $64.88 was reached on 01/02/25, a 52-week low of $50.65 was recorded on 01/02/25. SMA at 50 days reached $56.58, while 200 days put it at $56.88.

Levels Of Support And Resistance For O Stock

The 24-hour chart illustrates a support level at 52.78, which if violated will result in even more drops to 52.27. On the upside, there is a resistance level at 53.55. A further resistance level may holdings at 53.81. The Relative Strength Index (RSI) on the 14-day chart is 40.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.15%. Stochastics %K at 33.67% indicates the stock is a holding.

How much short interest is there in Realty Income Corp?

A steep rise in short interest was recorded in Realty Income Corp stocks on 2024-12-13, dropping by -0.58 million shares to a total of 14.85 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 15.43 million shares. There was a decline of -3.89%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on August 19, 2024 when Wedbush began covering the stock and recommended ‘”a Neutral”‘ rating .

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