Bank of America initiated coverage on shares of FrontView REIT (NYSE:FVR – Free Report) in a research report report published on Monday, MarketBeat.com reports. The brokerage issued a buy rating and a $22.00 price objective on the stock.
FrontView REIT Stock Down 1.6 %
Shares of NYSE:FVR opened at $18.74 on Monday. FrontView REIT has a one year low of $18.25 and a one year high of $19.76.
Insider Activity at FrontView REIT
In other news, major shareholder Alyeska Investment Group, L.P. purchased 270,270 shares of the company’s stock in a transaction on Thursday, October 3rd. The stock was purchased at an average price of $19.11 per share, with a total value of $5,164,859.70. Following the completion of the purchase, the insider now directly owns 1,635,135 shares in the company, valued at approximately $31,247,429.85. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other FrontView REIT news, CEO Stephen Preston acquired 3,540 shares of the stock in a transaction dated Tuesday, October 15th. The stock was purchased at an average cost of $18.74 per share, for a total transaction of $66,339.60. Following the acquisition, the chief executive officer now owns 3,640 shares in the company, valued at $68,213.60. The trade was a 3,500.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Alyeska Investment Group, L.P. acquired 270,270 shares of the business’s stock in a transaction dated Thursday, October 3rd. The stock was acquired at an average cost of $19.11 per share, with a total value of $5,164,859.70. Following the purchase, the insider now directly owns 1,635,135 shares in the company, valued at $31,247,429.85. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here.
About FrontView REIT
FrontView REIT specializes in real estate investing.
Recommended Stories
- Five stocks we like better than FrontView REIT
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Microsoft Can Hit New All-Time Highs This Year – Here’s Why
- Manufacturing Stocks Investing
- Zillow Stock’s Bull Case: Why This Recent Sell-Off Could Be a Buy
- 3 Monster Growth Stocks to Buy Now
- IonQ’s Quantum Surge: Ride the Wave or Cash Out?
Receive News & Ratings for FrontView REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FrontView REIT and related companies with MarketBeat.com's FREE daily email newsletter.
