Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Global Net Lease Inc shares valued at $1,590,000 were sold by SCHORSCH NICHOLAS S on Apr 03 ’25. At $7.95 per share, SCHORSCH NICHOLAS S sold 200,000 shares. The insider’s holdings dropped to 1,629,073 shares worth approximately $12.27 million following the completion of this transaction.
Also, SCHORSCH NICHOLAS S purchased 100,000 shares, netting a total of over 772,000 in proceeds. Following the buying of shares at $7.72 each, the insider now holds 1,829,073 shares.
Before that, SCHORSCH NICHOLAS S had added 100,000 shares to its account. In a trade valued at $840,000, the 10% Owner bought Global Net Lease Inc shares for $8.40 each. Upon closing the transaction, the insider’s holdings increased to 100,000 shares, worth approximately $13.02 million.
Analysts at JMP Securities upgraded the stock from ‘”a Mkt perform”‘ to ‘”a Mkt outperform”‘ outlook in a report released in mid December. As of March 28, 2024, Truist has initiated its “Hold” rating for GNL. Earlier on March 08, 2024, BTIG Research downgraded its rating. Their new recommendation was “a Neutral” for GNL stock which previously was a “a Buy”.
Analyzing GNL Stock Performance
During the last five days, there has been a drop of approximately -0.26%. Over the course of the year, Global Net Lease Inc shares have jumped approximately 3.15%. Shares of the company reached a 52-week high of $8.32 on 03/05/25 and a 52-week low of $6.51 on 04/09/25. A 50-day SMA is recorded $7.70, while a 200-day SMA reached $7.82.
Support And Resistance Levels for Global Net Lease Inc (GNL)
According to the 24-hour chart, there is a support level at 7.49, which, if violated, would cause prices to drop to 7.44. In the upper region, resistance lies at 7.57. The next price resistance is at 7.60. RSI (Relative Strength Index) is 50.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.03, which suggests the price will decrease in the coming days. Percent R is at 60.00%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
