In a filing, FrontView REIT Inc revealed its Chairman, Co-CEO and Co-Pres Preston Stephen acquired Company’s shares for reported $0.12 million on Nov 21 ’24. In the deal valued at $18.41 per share,6,352 shares were bought. As a result of this transaction, Preston Stephen now holds 6,452 shares worth roughly $ 0.11 million.
Then, Preston Stephen bought 3,540 shares, generating $66,340 in total proceeds. Upon buying the shares at $18.74, the Chairman, Co-CEO and Co-Pres now owns 3,640 shares.
Before that, Preston Stephen sold 3,540 shares. FrontView REIT Inc shares valued at $66,269 were divested by the Chairman, Co-CEO and Co-Pres at a price of $18.72 per share. As a result of the transaction, Preston Stephen now holds 100 shares, worth roughly $1748.9999999999998.
CapitalOne initiated its FrontView REIT Inc [FVR] rating to an Overweight in a research note published on November 12, 2024; the price target was $22. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late October with a ‘”an Overweight”‘ rating. Morgan Stanley began covering FVR with “an Overweight” recommendation on October 28, 2024. JP Morgan started covering the stock on October 28, 2024. It rated FVR as “an Overweight”.
Price Performance Review of FVR
On Friday, FrontView REIT Inc [NYSE:FVR] saw its stock fall -1.02% to $17.49. Over the last five days, the stock has lost -1.07%. FrontView REIT Inc shares have fallen nearly -3.53% since the year began.
Levels Of Support And Resistance For FVR Stock
The 24-hour chart illustrates a support level at 17.29, which if violated will result in even more drops to 17.10. On the upside, there is a resistance level at 17.83. A further resistance level may holdings at 18.18. The Relative Strength Index (RSI) on the 14-day chart is 48.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.70%. Stochastics %K at 70.03% indicates the stock is a holding.
How much short interest is there in FrontView REIT Inc?
A steep rise in short interest was recorded in FrontView REIT Inc stocks on 2025-01-31, dropping by -0.26 million shares to a total of 0.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.21 million shares. There was a decline of -27.29%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 28, 2024 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $22 price target.
