Essential Properties Realty Trust Inc’s recently made public 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 $12.41 million.
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 $13.76 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 0.85% to $30.84. Over the last five days, the stock has lost -2.06%. Essential Properties Realty Trust Inc shares have fallen nearly -1.41% since the year began. Nevertheless, the stocks have risen 18.25% over the past one year. While a 52-week high of $34.88 was reached on 01/07/25, a 52-week low of $23.58 was recorded on 01/13/25. SMA at 50 days reached $32.43, while 200 days put it at $30.14.
Levels Of Support And Resistance For EPRT Stock
The 24-hour chart illustrates a support level at 30.40, which if violated will result in even more drops to 29.96. On the upside, there is a resistance level at 31.08. A further resistance level may holdings at 31.32. The Relative Strength Index (RSI) on the 14-day chart is 40.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.14%. Stochastics %K at 29.42% 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 2024-12-31, dropping by -8.06 million shares to a total of 12.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 20.3 million shares. There was a decline of -65.81%, which implies that there is a negative 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.
