The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. FrontView REIT Inc shares valued at $190,000 were purchased by Green Robert S. on Oct 04 ’24. At $19.00 per share, Green Robert S. acquired 10,000 shares. The insider’s holdings grew to 10,000 shares worth approximately $0.13 million following the completion of this transaction.
Also, Starr Randall purchased 3,716 shares, netting a total of over 49,571 in proceeds. Following the buying of shares at $13.34 each, the insider now holds 3,716 shares.
Before that, Green Robert S. had added 7,450 shares to its account. In a trade valued at $99,830, the Director bought FrontView REIT Inc shares for $13.40 each. Upon closing the transaction, the insider’s holdings increased to 7,450 shares, worth approximately $97371.5.
As published in their initiating research note from CapitalOne on November 12, 2024, FrontView REIT Inc [FVR] has been an Overweight and the price target has been revised to $22. Analysts at Wells Fargo started covering the stock with ‘”an Overweight”‘ outlook in a report released in late October. As of October 28, 2024, Morgan Stanley has initiated its “an Overweight” rating for FVR. Earlier on October 28, 2024, JP Morgan initiated its rating. Their recommendation was “an Overweight” for FVR stock.
Analyzing FVR Stock Performance
During the last five days, there has been a surge of approximately 16.80%. Over the course of the year, FrontView REIT Inc shares have dropped approximately -27.91%.
Support And Resistance Levels for FrontView REIT Inc (FVR)
According to the 24-hour chart, there is a support level at 12.57, which, if violated, would cause prices to drop to 12.08. In the upper region, resistance lies at 13.32. The next price resistance is at 13.58. RSI (Relative Strength Index) is 50.85 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.52, which suggests the price will decrease in the coming days. Percent R is at 0.40%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
