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Edward M. Weil Jr., CEO and President of Global Net Lease , Inc. (NYSE:GNL), sold 150,000 shares of common stock on July 10, 2025. The shares were sold at a weighted average price of $7.61, for a total transaction value of $1.14 million. Prices for the sales ranged from $7.505 to $7.64. The REIT, currently valued at $1.65 billion, offers an attractive 10.3% dividend yield and shows strong financial health with a current ratio of 1.28. InvestingPro analysis indicates the stock is slightly undervalued at current levels.
Following the transaction, Weil directly owns 584,053 shares of Global Net Lease. While this insider sale might raise concerns, InvestingPro data reveals management has been actively buying back shares, and the company maintains a strong 13% free cash flow yield. For comprehensive insider trading analysis and additional insights, explore the detailed Pro Research Report available on InvestingPro.
In other recent news, Global Net Lease Inc. announced the completion of its multi-tenant portfolio sale for approximately $1.8 billion, significantly reducing its debt by $833 million. This transaction led to a credit rating upgrade from S&P Global Ratings to ’BB+’ from ’BB’, with senior unsecured notes upgraded to ’BBB-’. KeyBanc maintained its Sector Weight rating on Global Net Lease, acknowledging the company’s successful strategic moves following its merger with RTL, including debt reduction and asset dispositions. JMP analysts reiterated a Market Outperform rating with a $9 price target, highlighting the company’s effective de-leveraging strategy and noting its current discounted valuation compared to peers. Additionally, Global Net Lease appointed Robert Kauffman as the Non-Executive Chairperson of its Board of Directors, succeeding Sue Perrotty. Kauffman, a co-founder of Fortress Investment Group, is expected to guide the company through its transition to a single-tenant net lease focus. These recent developments reflect Global Net Lease’s ongoing efforts to streamline operations and improve financial metrics.
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