The EVP & CFO of National Retail Properties (NYSE: NNN) is Selling Shares

By Carrie Williams

Today, the EVP & CFO of National Retail Properties (NYSE: NNN), Kevin Habicht, sold shares of NNN for $880.3K.

Following Kevin Habicht’s last NNN Sell transaction on August 15, 2017, the stock climbed by 3.0%. In addition to Kevin Habicht, one other NNN executive reported Sell trades in the last month.

Based on National Retail Properties’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $148 million and quarterly net profit of $57.8 million. In comparison, last year the company earned revenue of $131 million and had a net profit of $46.1 million. The company has a one-year high of $46.34 and a one-year low of $36.45. NNN’s market cap is $6.51B and the company has a P/E ratio of 35.04.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $47, reflecting a -8.0% downside.

Kevin Habicht’s trades have generated a -11.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

National Retail Properties, Inc. is a real estate investment trust, which engages in investing in properties subject to long-term net leases. It also acquires, owns, invests in, and develops properties that are leased to retail tenants under long-term net leases and held for investment.