In a filing, Gaming and Leisure Properties Inc revealed its Director Urdang E Scott unloaded Company’s shares for reported $0.25 million on Mar 11 ’25. In the deal valued at $50.89 per share,5,000 shares were sold. As a result of this transaction, Urdang E Scott now holds 140,953 shares worth roughly $7.13 million.
Then, Demchyk Matthew sold 1,903 shares, generating $98,937 in total proceeds. Upon selling the shares at $51.99, the SVP, Chief Investment Officer now owns 41,298 shares.
Before that, Demchyk Matthew bought 1,903 shares. Gaming and Leisure Properties Inc shares valued at $98,944 were divested by the Officer at a price of $51.99 per share.
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 Monday, Gaming and Leisure Properties Inc [NASDAQ:GLPI] saw its stock jump 1.55% to $50.55. Over the last five days, the stock has lost -0.18%. Gaming and Leisure Properties Inc shares have risen nearly 4.96% since the year began. Nevertheless, the stocks have risen 8.96% over the past one year. While a 52-week high of $52.55 was reached on 03/10/25, a 52-week low of $41.75 was recorded on 01/10/25. SMA at 50 days reached $48.80, while 200 days put it at $48.93.
Levels Of Support And Resistance For GLPI Stock
The 24-hour chart illustrates a support level at 49.90, which if violated will result in even more drops to 49.24. On the upside, there is a resistance level at 50.98. A further resistance level may holdings at 51.40. The Relative Strength Index (RSI) on the 14-day chart is 58.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.09%. Stochastics %K at 36.15% 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 2025-02-28, growing by 0.1 million shares to a total of 4.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.98 million shares. There was a rise of 2.5%, which implies that there is a positive sentiment for the stock.
