FrontView REIT, Inc.’s Quiet Period To End on November 11th (NYSE:FVR)

FrontView REIT’s (NYSE:FVR) quiet period will end on Monday, November 11th. FrontView REIT had issued 13,200,000 shares in its initial public offering on October 2nd. The total size of the offering was $250,800,000 based on an initial share price of $19.00. During the company’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company assumed coverage on shares of FrontView REIT in a research report on Monday, October 28th. They issued an “overweight” rating and a $22.00 price objective for the company. Bank of America initiated coverage on shares of FrontView REIT in a research report on Monday, October 28th. They issued a “buy” rating and a $22.00 price objective for the company. JPMorgan Chase & Co. initiated coverage on shares of FrontView REIT in a report on Monday, October 28th. They set an “overweight” rating and a $21.00 price target for the company. Finally, Morgan Stanley initiated coverage on shares of FrontView REIT in a report on Monday, October 28th. They set an “overweight” rating and a $23.00 price target for the company.

FrontView REIT Stock Up 0.6 %

FVR opened at $18.77 on Monday. FrontView REIT has a twelve month low of $18.25 and a twelve month high of $19.76.

Insider Buying and Selling at FrontView REIT

In other FrontView REIT news, major shareholder Alyeska Investment Group, L.P. sold 336,246 shares of the stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of $18.32, for a total transaction of $6,160,026.72. Following the transaction, the insider now directly owns 1,467,012 shares in the company, valued at $26,875,659.84. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other FrontView REIT news, CEO Stephen Preston purchased 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, for a total transaction of $66,339.60. Following the transaction, the chief executive officer now owns 3,640 shares in the company, valued at $68,213.60. This represents a 3,500.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 completion of the transaction, the insider now owns 1,467,012 shares in the company, valued at approximately $26,875,659.84. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.