NETSTREIT Corp. CEO Mark Manheimer Buys Company Shares

Mark Manheimer, the President, CEO, and Secretary of NETSTREIT Corp. (NYSE: NTST), purchased 5,000 shares of the company on June 18, 2026. The shares were bought at an average price of $19.19 each, bringing the total transaction value to approximately $95,950. This insider buying activity was not part of a pre-arranged 10b5-1 trading plan.

Insider Buying and Selling at NETSTREIT Corp.

Alongside Mark Manheimer's recent purchase, there have been other insider transactions at NETSTREIT Corp. Robin McBride Zeigler sold 7,192 shares on April 23, 2026, at an average price of $20.85. Daniel Donlan, CFO and Treasurer, had multiple transactions on April 10, 2026, buying and selling shares without a disclosed price for the purchase.

Other Institutional Activity in NETSTREIT Corp.

Several institutional investors have also adjusted their holdings in NETSTREIT Corp. Cohen & Steers, Inc. significantly increased its stake by 10,483,318 shares, ending with 14,800,212 shares valued at about $278.7 million, a 242.8% increase. BlackRock, Inc. added 465,731 shares, bringing its total to 9,780,046 shares worth approximately $184.2 million, a 5.0% increase. Principal Financial Group Inc. increased its holdings by 309,453 shares to a total of 9,535,801 shares valued at roughly $179.6 million, marking a 3.4% increase. Nuveen, LLC boosted its position by 2,045,238 shares, for a total of 5,143,472 shares valued at $96.9 million, a 66.0% increase.

NETSTREIT Corp. Stock Down 3.6%

Shares of NETSTREIT Corp. (NYSE: NTST) traded around $19.36 on Monday. The company has a market capitalization of approximately $1.88 billion and a P/E ratio of 160. Its forward P/E stands at 46.8, and the stock's beta is 0.834, indicating moderate volatility. The 52-week trading range for the stock is between $16.43 and $21.30, with a 50-day moving average of $20.31 and a 200-day moving average of $19.07.

Recent Earnings

NETSTREIT Corp. reported revenue of $206.2 million, reflecting a growth rate of 24.3%. The company achieved an earnings per share (EPS) of $0.12, with a net margin of 5.3% and a return on equity (ROE) of 0.78%. The next earnings report is scheduled for July 20, 2026.

Dividend

NETSTREIT Corp. pays an annual dividend of $0.88 per share, translating to a yield of 4.58%. The dividend payout ratio is 7.17%, providing investors with a steady income stream.

Analysts Set New Price Targets

Several analysts have recently affirmed their positive outlook on NETSTREIT Corp. On June 1, 2026, Wells Fargo maintained a buy rating with a price target of $23.00. Jefferies assumed coverage with a buy rating and the same price target. The consensus among analysts is a strong buy, with a mean target price of $22.62, based on 19 analyst opinions.

About NETSTREIT Corp.

NETSTREIT Corp. is a real estate investment trust (REIT) that focuses on acquiring single-tenant net lease retail properties across the United States. The company, headquartered in Dallas, Texas, aims to build a portfolio of high-quality properties leased to financially stable tenants. Led by CEO Mark Manheimer, NETSTREIT strives to provide consistent cash flows and dividends for its investors.

Bottom Line

Mark Manheimer's recent purchase of NETSTREIT Corp. shares highlights his confidence in the company's prospects. Investors often watch insider transactions closely, as they can offer insights into management's view of the company's future. It's important to remember that 13F filings and insider trades are backward-looking, and positions may have changed since the filing date.