Spirit Realty Capital (SRC) has risen sharply, recording gains of 7.66% in the past 4 weeks. However, the stock has corrected -1.6% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.15% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has recorded a 20-day Moving Average of 3.41% and the 50-Day Moving Average is 8.62%.
Spirit Realty Capital (NYSE:SRC): The stock opened at $12.98 on Friday but the bulls could not build on the opening and the stock topped out at $13.03 for the day. The stock traded down to $12.87 during the day, due to lack of any buying support eventually closed down at $12.93 with a loss of -0.46% for the day. The stock had closed at $12.99 on the previous day. The total traded volume was 3,128,269 shares.
The company Insiders own 0.5% of Spirit Realty Capital shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.69% . Institutional Investors own 88.09% of Spirit Realty Capital shares. During last six month period, the net percent change held by insiders has seen a change of 12.7%. In a related news, The director officer (Chief Executive Officer), of Spirit Realty Capital, Inc., Nolan Thomas H Jr had unloaded 15,000 shares at $11.48 per share in a transaction on June 1, 2016. The total value of transaction was $172,200. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.