NNN REIT Inc’s recent filing unveils that its President & CEO Horn Stephen A JR unloaded Company’s shares for reported $2.35 million on Mar 17 ’25. In the deal valued at $42.46 per share,55,356 shares were sold. As a result of this transaction, Horn Stephen A JR now holds 712,108 shares worth roughly $30.07 million.
Then, Stephen A. Horn, Jr. bought 55,356 shares, generating $2,342,666 in total proceeds.
Before that, Miller Michelle Lynn sold 1,000 shares. NNN REIT Inc shares valued at $42,510 were divested by the EVP,Chief Acctg & Tech Officer at a price of $42.51 per share. As a result of the transaction, Miller Michelle Lynn now holds 68,756 shares, worth roughly $2.9 million.
Evercore ISI initiated its NNN REIT Inc [NNN] rating to an In-line in a research note published on January 31, 2025; the price target was $42. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in mid January from “an Equal-weight” to “an Overweight”. Janney also remained covering NNN and has decreased its forecast on January 15, 2025 with a “Neutral” recommendation from previously “Buy” rating. Jefferies revised its rating on January 02, 2025. It rated NNN as “a Hold” which previously was an “a Buy”.
Price Performance Review of NNN
On Tuesday, NNN REIT Inc [NYSE:NNN] saw its stock fall -0.33% to $42.23. Over the last five days, the stock has lost -1.54%. NNN REIT Inc shares have risen nearly 3.38% since the year began. Nevertheless, the stocks have risen 2.83% over the past one year. While a 52-week high of $49.57 was reached on 03/10/25, a 52-week low of $37.55 was recorded on 01/13/25. SMA at 50 days reached $40.64, while 200 days put it at $43.75.
Levels Of Support And Resistance For NNN Stock
The 24-hour chart illustrates a support level at 42.02, which if violated will result in even more drops to 41.80. On the upside, there is a resistance level at 42.49. A further resistance level may holdings at 42.74. The Relative Strength Index (RSI) on the 14-day chart is 54.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.47%. Stochastics %K at 25.56% indicates the stock is a holding.
How much short interest is there in NNN REIT Inc?
A steep rise in short interest was recorded in NNN REIT Inc stocks on 2025-02-28, growing by 1.24 million shares to a total of 5.33 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.08 million shares. There was a rise of 23.37%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 17, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $48 price target.
