Gaming and Leisure Properties Inc’s filing revealed that its CFO and Treasurer Burke Desiree A. unloaded Company’s shares for reported $1.98 million on Jan 03 ’25. In the deal valued at $47.41 per share,41,737 shares were sold. As a result of this transaction, Burke Desiree A. now holds 113,670 shares worth roughly $5.19 million.
Then, Burke Desiree A. sold 9,825 shares, generating $469,438 in total proceeds. Upon selling the shares at $47.78, the CFO and Treasurer now owns 155,407 shares.
Before that, Ladany Steven sold 28,276 shares. Gaming and Leisure Properties Inc shares valued at $1,340,565 were divested by the SVP Chief Development Officer at a price of $47.41 per share. As a result of the transaction, Ladany Steven now holds 87,449 shares, worth roughly $3.99 million.
Barclays initiated its Gaming and Leisure Properties Inc [GLPI] rating to an Equal weight in a research note published on December 17, 2024; the price target was $55. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “an Overweight”. Deutsche Bank also remained covering GLPI and has increased its forecast on November 20, 2024 with a “Buy” recommendation from previously “Hold” rating. Wolfe Research revised its rating on August 23, 2024. It rated GLPI as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of GLPI
On Friday, Gaming and Leisure Properties Inc [NASDAQ:GLPI] saw its stock fall -2.06% to $45.62. Over the last five days, the stock has lost -4.50%. Gaming and Leisure Properties Inc shares have fallen nearly -5.27% since the year began. Nevertheless, the stocks have fallen -4.34% over the past one year. While a 52-week high of $52.60 was reached on 01/02/25, a 52-week low of $41.80 was recorded on 01/10/25. SMA at 50 days reached $49.37, while 200 days put it at $47.88.
Levels Of Support And Resistance For GLPI Stock
The 24-hour chart illustrates a support level at 45.43, which if violated will result in even more drops to 45.23. On the upside, there is a resistance level at 45.91. A further resistance level may holdings at 46.20. The Relative Strength Index (RSI) on the 14-day chart is 26.88, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.65%. Stochastics %K at 5.41% indicates the stock is a buying.
How much short interest is there in Gaming and Leisure Properties Inc?
A steep rise in short interest was recorded in Gaming and Leisure Properties Inc stocks on 2024-12-13, dropping by -0.14 million shares to a total of 4.98 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 5.12 million shares. There was a decline of -2.84%, which implies that there is a negative sentiment for the stock.
