FrontView REIT (NYSE:FVR) Coverage Initiated at Bank of America

Stock analysts at Bank of America assumed coverage on shares of FrontView REIT (NYSE:FVR) in a report released on Monday, Marketbeat Ratings reports. The firm set a “buy” rating and a $22.00 price target on the stock. Bank of America‘s price objective would suggest a potential upside of 18.34% from the stock’s current price.

FrontView REIT Price Performance

Shares of NYSE FVR opened at $18.59 on Monday. FrontView REIT has a 52-week low of $18.25 and a 52-week high of $19.76.

Insiders Place Their Bets

In other FrontView REIT 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 price of $18.74 per share, for a total transaction of $66,339.60. Following the completion of the purchase, the chief executive officer now directly owns 3,640 shares in the company, valued at approximately $68,213.60. The trade was a 3,500.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, major shareholder Alyeska Investment Group, L.P. bought 270,270 shares of the stock in a transaction that occurred on Thursday, October 3rd. The stock was purchased at an average price 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 in the company, valued at approximately $31,247,429.85. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Stephen Preston bought 3,540 shares of the stock in a transaction that occurred on 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 purchase, the chief executive officer now owns 3,640 shares of the company’s stock, valued at approximately $68,213.60. This represents a 3,500.00 % increase in their position. The disclosure for this purchase can be found here.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.