FrontView REIT Inc’s recent filing unveils that its Director Green Robert S. acquired Company’s shares for reported $0.19 million on Oct 04 ’24. In the deal valued at $19.00 per share,10,000 shares were bought. As a result of this transaction, Green Robert S. now holds 10,000 shares worth roughly $0.12 million.
Then, Starr Randall bought 3,716 shares, generating $49,571 in total proceeds. Upon buying the shares at $13.34, the Co-CEO and Co-President now owns 3,716 shares.
Before that, Green Robert S. bought 7,450 shares. FrontView REIT Inc shares valued at $99,830 were divested by the Director at a price of $13.40 per share. As a result of the transaction, Green Robert S. now holds 7,450 shares, worth roughly $85749.5.
JP Morgan downgraded its FrontView REIT Inc [FVR] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “a Neutral”. CapitalOne began covering FVR with “an Overweight” recommendation on November 12, 2024. Wells Fargo started covering the stock on October 28, 2024. It rated FVR as “an Overweight”.
Price Performance Review of FVR
On Tuesday, FrontView REIT Inc [NYSE:FVR] saw its stock fall -0.26% to $11.51. Over the last five days, the stock has gained 0.17%. FrontView REIT Inc shares have fallen nearly -36.51% since the year began.
Levels Of Support And Resistance For FVR Stock
The 24-hour chart illustrates a support level at 10.87, which if violated will result in even more drops to 10.23. On the upside, there is a resistance level at 12.09. A further resistance level may holdings at 12.67.
The most recent change occurred on October 28, 2024 when Morgan Stanley began covering the stock and recommended ‘”an Overweight”‘ rating along with a $23 price target.
