Wells Fargo & Company started coverage on shares of FrontView REIT (NYSE:FVR – Free Report) in a research report sent to investors on Monday morning, Marketbeat Ratings reports. The firm issued an overweight rating and a $22.00 target price on the stock.
A number of other analysts have also commented on the company. JPMorgan Chase & Co. started coverage on FrontView REIT in a research note on Monday. They set an “overweight” rating and a $21.00 price target on the stock. Bank of America assumed coverage on shares of FrontView REIT in a report on Monday. They set a “buy” rating and a $22.00 target price on the stock. Finally, Morgan Stanley initiated coverage on shares of FrontView REIT in a research note on Monday. They set an “overweight” rating and a $23.00 price target for the company.
Read Our Latest Stock Report on FrontView REIT
FrontView REIT Stock Down 1.6 %
Insiders Place Their Bets
In other news, CEO Stephen Preston acquired 3,540 shares of FrontView REIT stock in a transaction dated Tuesday, October 15th. The shares were bought at an average cost of $18.74 per share, with a total value of $66,339.60. Following the purchase, the chief executive officer now owns 3,640 shares in the company, valued at $68,213.60. This trade represents a 3,500.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other FrontView REIT news, CEO Stephen Preston bought 3,540 shares of the stock in a transaction on Tuesday, October 15th. The stock was acquired 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 owns 3,640 shares in the company, valued at $68,213.60. This trade represents a 3,500.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, 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 acquired at an average cost of $19.11 per share, for a total transaction of $5,164,859.70. Following the completion of the purchase, the insider now owns 1,635,135 shares of the company’s stock, valued at approximately $31,247,429.85. This trade 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.
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