Global Net Lease Inc’s recent filing unveils that its SCHORSCH NICHOLAS S unloaded Company’s shares for reported $52.81 million on Jun 12 ’25. In the deal valued at $7.43 per share,7,103,000 shares were sold. As a result of this transaction, SCHORSCH NICHOLAS S now holds 19,907,384 shares worth roughly $146.72 million.
Then, SCHORSCH NICHOLAS S sold 300,000 shares, generating $2,199,060 in total proceeds. Upon selling the shares at $7.33, the now owns 19,607,384 shares.
Before that, SCHORSCH NICHOLAS S sold 100,000 shares. Global Net Lease Inc shares valued at $799,000 were divested by the 10% Owner at a price of $7.99 per share. As a result of the transaction, SCHORSCH NICHOLAS S now holds 1,529,073 shares, worth roughly $11.27 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 Monday, Global Net Lease Inc [NYSE:GNL] saw its stock fall -0.27% to $7.37. Over the last five days, the stock has lost -4.78%. Global Net Lease Inc shares have risen nearly 0.96% since the year began. Nevertheless, the stocks have risen 0.96% over the past one year. While a 52-week high of $9.10 was reached on 03/05/25, a 52-week low of $6.51 was recorded on 04/09/25.
Levels Of Support And Resistance For GNL Stock
The 24-hour chart illustrates a support level at 7.28, which if violated will result in even more drops to 7.18. On the upside, there is a resistance level at 7.47. A further resistance level may holdings at 7.56.
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.
