Research analysts at Morgan Stanley started coverage on shares of FrontView REIT (NYSE:FVR – Get Free Report) in a report released on Monday, Briefing.com reports. The firm set an “overweight” rating and a $23.00 price target on the stock. Morgan Stanley’s price target indicates a potential upside of 18.31% from the stock’s current price.
Separately, Bank of America started coverage on FrontView REIT in a research report on Monday. They set a “buy” rating and a $22.00 price target on the stock.
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FrontView REIT Stock Performance
Insider Transactions at FrontView REIT
In related news, major shareholder Alyeska Investment Group, L.P. sold 336,246 shares of the firm’s stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of $18.32, for a total value of $6,160,026.72. Following the completion of the sale, the insider now directly owns 1,467,012 shares in the company, valued at approximately $26,875,659.84. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Stephen Preston acquired 3,540 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were purchased at an average cost of $18.74 per share, for a total transaction of $66,339.60. Following the completion of the acquisition, the chief executive officer now directly owns 3,640 shares in the company, valued at approximately $68,213.60. This trade represents a 3,500.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Alyeska Investment Group, L.P. sold 336,246 shares of the firm’s stock in a transaction dated Tuesday, October 8th. The stock was sold at an average price of $18.32, for a total transaction of $6,160,026.72. Following the sale, the insider now owns 1,467,012 shares of the company’s stock, valued at approximately $26,875,659.84. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here.
About FrontView REIT
FrontView REIT specializes in real estate investing.
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