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President, CEO and Secretary Manheimer Mark acquire 6,384 shares of Netstreit Corp [NTST]

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Netstreit Corp shares valued at $97,870 were purchased by Manheimer Mark on Mar 10 ’25. At $15.33 per share, Manheimer Mark acquired 6,384 shares. The insider’s holdings grew to 304,572 shares worth approximately $4.54 million following the completion of this transaction.

Also, Donlan Daniel P purchased 1,000 shares, netting a total of over 15,270 in proceeds. Following the buying of shares at $15.27 each, the insider now holds 15,890 shares.

Before that, Manheimer Mark had added 3,616 shares to its account. In a trade valued at $55,049, the President, CEO and Secretary bought Netstreit Corp shares for $15.22 each. Upon closing the transaction, the insider’s holdings increased to 3,616 shares, worth approximately $4.4 million.

As published in their initiating research note from CapitalOne on February 12, 2025, Netstreit Corp [NTST] has been an Overweight. Analysts at Scotiabank upgraded the stock from ‘”a Sector perform”‘ to ‘”a Sector outperform”‘ outlook in a report released in mid November. As of October 14, 2024, UBS has initiated its “Buy” rating for NTST. Earlier on August 21, 2024, Raymond James upgraded its rating. Their new recommendation was “a Strong buy” for NTST stock which previously was a “an Outperform”.

Analyzing NTST Stock Performance

During the last five days, there has been a surge of approximately 0.40%. Over the course of the year, Netstreit Corp shares have jumped approximately 5.37%. Shares of the company reached a 52-week high of $15.71 on 03/10/25 and a 52-week low of $13.42 on 01/10/25. A 50-day SMA is recorded $14.38, while a 200-day SMA reached $15.76.

Support And Resistance Levels for Netstreit Corp (NTST)

According to the 24-hour chart, there is a support level at 14.72, which, if violated, would cause prices to drop to 14.54. In the upper region, resistance lies at 15.05. The next price resistance is at 15.20. RSI (Relative Strength Index) is 55.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.19, which suggests the price will decrease in the coming days. Percent R is at 50.72%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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