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FrontView REIT (NYSE:FVR) Now Covered by Wells Fargo & Company

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Research analysts at Wells Fargo & Company started coverage on shares of FrontView REIT (NYSE:FVR - Get Free Report) in a research report issued on Monday, Marketbeat reports. The firm set an "overweight" rating and a $22.00 price target on the stock. Wells Fargo & Company's price objective suggests a potential upside of 14.97% from the company's current price.

FVR has been the subject of several other reports. Morgan Stanley initiated coverage on shares of FrontView REIT in a research report on Monday. They set an "overweight" rating and a $23.00 target price for the company. Bank of America initiated coverage on shares of FrontView REIT in a research report on Monday. They set a "buy" rating and a $22.00 target price for the company. Finally, JPMorgan Chase & Co. initiated coverage on shares of FrontView REIT in a research report on Monday. They set an "overweight" rating and a $21.00 target price for the company.

Check Out Our Latest Stock Analysis on FVR

FrontView REIT Price Performance

Shares of FVR traded down $0.30 during mid-day trading on Monday, hitting $19.14. 190,002 shares of the company traded hands, compared to its average volume of 364,408. FrontView REIT has a 1 year low of $18.25 and a 1 year high of $19.76.

Insiders Place Their Bets

In other news, CEO Stephen Preston purchased 3,540 shares of the company's 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 transaction, the chief executive officer now directly 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 legal filing with the SEC, which is available through the SEC website. In related news, CEO Stephen Preston bought 3,540 shares of the stock in a transaction dated Tuesday, October 15th. The shares were purchased at an average price of $18.74 per share, with a total value of $66,339.60. Following the completion of the acquisition, the chief executive officer now owns 3,640 shares of the company's stock, valued at $68,213.60. This represents a 3,500.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Alyeska Investment Group, L.P. sold 336,246 shares of the business's stock in a transaction on 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 completion of the transaction, the insider now directly owns 1,467,012 shares in the company, valued at $26,875,659.84. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here.

About FrontView REIT

(Get Free Report)

FrontView REIT specializes in real estate investing.

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