On March 17, 2025, [Horn Stephen A JR](https://www.gurufocus.com/insider/97355/horn-stephen-a-jr), President & CEO of NNN REIT Inc, executed a sale of 55,356 shares of [NNN REIT Inc (NNN, Financial)](https://www.gurufocus.com/stock/NNN/summary). Following this transaction, the insider now holds 712,108 shares of the company. The details of this transaction can be found in the [SEC Filing](http://www.sec.gov/Archives/edgar/data/751364/000095017025041247/xslF345X01/ownership.xml).
NNN REIT Inc is a real estate investment trust that primarily invests in retail properties subject to long-term net leases. The company focuses on acquiring, owning, and managing a diversified portfolio of retail properties across the United States.
Over the past year, [Horn Stephen A JR](https://www.gurufocus.com/insider/97355/horn-stephen-a-jr) has sold a total of 83,548 shares and has not made any purchases. The insider transaction history for [NNN REIT Inc](https://www.gurufocus.com/stock/NNN/summary) indicates that there have been no insider buys and six insider sells over the past year.
On the day of the recent sale, shares of [NNN REIT Inc](https://www.gurufocus.com/stock/NNN/summary) were trading at $42.46, giving the stock a [market cap](https://www.gurufocus.com/term/mktcap/NNN) of $7.76 billion. The [price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/NNN) stands at 19.20, which is higher than the industry median of 14.88 but lower than the company’s historical median price-earnings ratio.
With a trading price of $42.46 and a [GuruFocus Value](https://www.gurufocus.com/term/gf-value/NNN) of $45.99, NNN REIT Inc has a price-to-GF-Value ratio of 0.92, indicating that the stock is modestly undervalued based on its GF Value.
The [GF Value](https://www.gurufocus.com/term/gf-value/NNN) is an intrinsic value estimate developed by GuruFocus, calculated based on the following factors:
- Historical multiples ([price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/NNN), [price-sales ratio](https://www.gurufocus.com/term/ps-ratio/NNN), [price-book ratio](https://www.gurufocus.com/term/pb-ratio/NNN), and [price-to-free cash flow](https://www.gurufocus.com/term/price-to-free-cash-flow/NNN)) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
