Gaming and Leisure Properties Inc’s recently made public that its SVP, Chief Investment Officer Demchyk Matthew unloaded Company’s shares for reported $0.87 million on Jan 27 ’25. In the deal valued at $49.40 per share,17,617 shares were sold. As a result of this transaction, Demchyk Matthew now holds 54,140 shares worth roughly $2.63 million.
Then, Demchyk Matthew bought 17,617 shares, generating $870,325 in total proceeds.
Before that, Demchyk Matthew sold 10,474 shares. Gaming and Leisure Properties Inc shares valued at $509,246 were divested by the SVP, Chief Investment Officer at a price of $48.62 per share. As a result of the transaction, Demchyk Matthew now holds 71,757 shares, worth roughly $3.48 million.
Morgan Stanley downgraded its Gaming and Leisure Properties Inc [GLPI] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in mid December with a ‘”an Equal weight”‘ rating. JP Morgan also remained covering GLPI and has increased its forecast on December 13, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Deutsche Bank revised its rating on November 20, 2024. It rated GLPI as “a Buy” which previously was an “a Hold”.
Price Performance Review of GLPI
On Tuesday, Gaming and Leisure Properties Inc [NASDAQ:GLPI] saw its stock jump 0.29% to $48.56. Over the last five days, the stock has lost -0.72%. Gaming and Leisure Properties Inc shares have risen nearly 0.83% since the year began. Nevertheless, the stocks have risen 4.57% over the past one year. While a 52-week high of $52.60 was reached on 01/28/25, a 52-week low of $41.80 was recorded on 01/10/25. SMA at 50 days reached $48.84, while 200 days put it at $48.17.
Levels Of Support And Resistance For GLPI Stock
The 24-hour chart illustrates a support level at 48.06, which if violated will result in even more drops to 47.56. On the upside, there is a resistance level at 48.94. A further resistance level may holdings at 49.32. The Relative Strength Index (RSI) on the 14-day chart is 52.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.25%. Stochastics %K at 58.57% indicates the stock is a holding.
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 2025-01-15, dropping by -0.61 million shares to a total of 4.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 4.98 million shares. There was a decline of -14.01%, which implies that there is a negative sentiment for the stock.
