NNN REIT Inc’s filing revealed 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 $30.36 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 $2.93 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 Friday, NNN REIT Inc [NYSE:NNN] saw its stock jump 0.90% to $42.63. Over the last five days, the stock has gained 2.57%. NNN REIT Inc shares have risen nearly 4.36% since the year began. Nevertheless, the stocks have fallen -0.25% over the past one year.
Levels Of Support And Resistance For NNN 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.
