In a filing, Global Net Lease Inc revealed its 10% Owner SCHORSCH NICHOLAS S unloaded Company’s shares for reported $0.8 million on May 15 ’25. In the deal valued at $7.99 per share,100,000 shares were sold. As a result of this transaction, SCHORSCH NICHOLAS S now holds 1,529,073 shares worth roughly $11.85 million.
Then, SCHORSCH NICHOLAS S sold 200,000 shares, generating $1,590,000 in total proceeds. Upon selling the shares at $7.95, the 10% Owner now owns 1,629,073 shares.
Before that, SCHORSCH NICHOLAS S bought 100,000 shares. Global Net Lease Inc shares valued at $772,000 were divested by the 10% Owner at a price of $7.72 per share. As a result of the transaction, SCHORSCH NICHOLAS S now holds 1,829,073 shares, worth roughly $14.18 million.
A number of analysts have revised their coverage, including JMP Securities’s analysts, who increased its forecast for the stock in mid December from “a Mkt perform” to “a Mkt outperform”. Truist began covering GNL with “Hold” recommendation on March 28, 2024. BTIG Research revised its rating on March 08, 2024. It rated GNL as “a Neutral” which previously was an “a Buy”.
Price Performance Review of GNL
On Friday, Global Net Lease Inc [NYSE:GNL] saw its stock jump 0.13% to $7.75. Over the last five days, the stock has gained 1.05%. Global Net Lease Inc shares have risen nearly 6.17% since the year began. Nevertheless, the stocks have risen 1.71% over the past one year.
Levels Of Support And Resistance For GNL Stock
The most recent change occurred on February 13, 2024 when BMO Capital Markets began covering the stock and recommended ‘”an Outperform”‘ rating along with a $11 price target.
