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Potential Price Increase for Realty Income Corp (O) After Recent Insider Activity

Realty Income Corp’s filing revealed that its Director McLaughlin Gregory unloaded Company’s shares for reported $70212.0 on Dec 03 ’24. In the deal valued at $56.17 per share,1,250 shares were sold. As a result of this transaction, McLaughlin Gregory now holds 34,636 shares worth roughly $1.93 million.

Then, McLaughlin Gregory bought 1,250 shares, generating $70,212 in total proceeds.

Before that, Preusse Mary Hogan sold 1,712 shares. Realty Income Corp shares valued at $107,128 were divested by the Director at a price of $62.58 per share. As a result of the transaction, Preusse Mary Hogan now holds 26,579 shares, worth roughly $1.48 million.

Exane BNP Paribas downgraded its Realty Income Corp [O] rating to a Neutral from a an Outperform 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. Deutsche Bank began covering O with “Hold” recommendation on December 11, 2024. Mizuho revised its rating on November 14, 2024. It rated O as “a Neutral” which previously was an “an Outperform”.

Price Performance Review of O

On Tuesday, Realty Income Corp [NYSE:O] saw its stock fall -1.12% to $55.65. Over the last five days, the stock has lost -2.30%. Realty Income Corp shares have risen nearly 4.19% since the year began. Nevertheless, the stocks have risen 7.36% over the past one year. While a 52-week high of $64.70 was reached on 03/10/25, a 52-week low of $50.09 was recorded on 01/13/25. SMA at 50 days reached $55.57, while 200 days put it at $57.39.

Levels Of Support And Resistance For O Stock

The 24-hour chart illustrates a support level at 55.29, which if violated will result in even more drops to 54.93. On the upside, there is a resistance level at 56.23. A further resistance level may holdings at 56.81. The Relative Strength Index (RSI) on the 14-day chart is 44.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.13%. Stochastics %K at 7.46% indicates the stock is a buying.

How much short interest is there in Realty Income Corp?

A steep rise in short interest was recorded in Realty Income Corp stocks on 2025-02-28, growing by 1.9 million shares to a total of 20.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 18.62 million shares. There was a rise of 9.25%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on August 28, 2024 when Stifel resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $70.25.

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