TSX up after index logs fresh record high close
President, CEO and secretary of NETSTREIT Corp (NYSE:NTST) Mark Manheimer, has acquired 5,600 shares of common stock on September 5, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at a price of $17.935, totaling $100436. Following the transaction, Manheimer directly owns 316,378 shares of NETSTREIT Corp.The insider purchase comes as NETSTREIT, with a market cap of $1.5 billion, trades near its 52-week high of $19.18. According to InvestingPro data, analysts maintain a bullish outlook with a consensus "Buy" rating, and the stock offers an attractive 4.8% dividend yield. While currently unprofitable, analysts expect the company to return to profitability this year, with projected revenue growth of 18%. Additional insights and detailed analysis are available in NETSTREIT’s comprehensive Pro Research Report, one of 1,400+ deep-dive company analyses on InvestingPro.
In other recent news, Netstreit Corp . reported its second-quarter 2025 earnings, showcasing a mixed financial performance. The company posted earnings per share of $0.04, which fell short of the anticipated $0.06, representing a 33.33% miss. However, revenue exceeded expectations, reaching $45.16 million compared to the forecasted $44.12 million, marking a 2.36% surprise. Additionally, Netstreit completed a public offering of 12.4 million shares at a price of $17.70 per share. This offering included 1.62 million shares sold through the underwriters’ option, which was fully exercised. In response to these developments, BofA Securities upgraded Netstreit’s stock rating from Underperform to Neutral. BofA Securities also raised the price target to $19.00, citing the company’s strong quarterly results and recent forward equity raise. These actions are seen as providing Netstreit with an investment spread conducive to accelerating external growth.
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