Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Global Medical REIT Inc shares valued at $861,068 were sold by Barber Jamie Allen on Aug 15 ’25. At $6.62 per share, Barber Jamie Allen sold 130,000 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Decker Mark Okey Jr purchased 17,023 shares, netting a total of over 116,948 in proceeds. Following the buying of shares at $6.87 each, the insider now holds 190,894 shares.
Before that, Decker Mark Okey Jr had added 13,871 shares to its account. In a trade valued at $94,878, the CEO and President bought Global Medical REIT Inc shares for $6.84 each. Upon closing the transaction, the insider’s holdings increased to 13,871 shares, worth approximately $1.22 million.
Analysts at Berenberg started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. As of September 19, 2024, Alliance Global Partners has initiated its “Buy” rating for GMRE. Earlier on October 10, 2022, Robert W. Baird downgraded its rating. Their new recommendation was “a Neutral” for GMRE stock which previously was a “an Outperform”.
Analyzing GMRE Stock Performance
On last trading session, Global Medical REIT Inc [NYSE: GMRE] plunged -0.85% to $6.99. The stock’s lowest price that day was $6.99, but it reached a high of $7.135 in the same session. During the last five days, there has been a surge of approximately 2.95%. Over the course of the year, Global Medical REIT Inc shares have dropped approximately -22.86%. Shares of the company reached a 52-week high of $9.15 on 03/04/25 and a 52-week low of $6.05 on 05/23/25.
Support And Resistance Levels for Global Medical REIT Inc (GMRE)
According to the 24-hour chart, there is a support level at 6.94, which, if violated, would cause prices to drop to 6.89. In the upper region, resistance lies at 7.09. The next price resistance is at 7.18. RSI (Relative Strength Index) is 56.09 on the 14-day chart, showing neutral technical sentiment.
Is Global Medical REIT Inc subject to short interest?
Stocks of Global Medical REIT Inc saw a sharp rise in short interest on 2025-07-31 jumping by 0.12 million shares to 2.49 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 2.37 million shares. A jump of 4.88% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.5 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.5.
Which companies own the most shares of Global Medical REIT Inc (GMRE)?
In terms of Global Medical REIT Inc share price expectations, FactSet research, analysts set an average price target of 11 in the next 12 months, up nearly 56.03% from the previous closing price of $7.05. Analysts anticipate Global Medical REIT Inc stock to reach 11 by 2025, with the lowest price target being 11. In spite of this, 1 analysts ranked Global Medical REIT Inc stock as Buy at the end of 2025. On October 06, 2022, BMO Capital Markets assigned a price target of “a Market perform” to the stock and downgraded coverage with a $9.
