BNL Broadstone Net Lease, Inc. Insider Trading

CFO Kevin Fennell buys 859 BNL shares at $15.92; extends pattern of profitable prior purchases at ticker with 100% 90d win rate.

Kevin Fennell, EVP, CFO & Treasurer of Broadstone Net Lease, purchased 859 shares at $15.92 on 2025-07-15, adding to a post-transaction holding of 192,733 shares. This buy extends a documented pattern: Fennell's prior two purchases at BNL (2025-05-06 and 2024-02-26) both delivered positive 90-day returns of +5.4% and +3.2% respectively, reflecting 100% 90-day win rate across those trades. His cross-ticker track record shows 2 prior buys with average 90-day return of +4.3%, further supporting execution consistency. The current market price of $18.90 sits +3.3% above the transaction price over 30 days and +7.8% over 90 days, placing the stock near the upper end of its 52-week range ($14.72–$19.85). With fundamentals showing $114.2M quarterly revenue and $26.5M net income, the company operates at a high P/E of 157.50, reflecting premium valuation. The transaction value of $13,677.03 represents a modest $0.4% increase in Fennell's position, consistent with regular accumulation rather than a concentrated bet.

Director Richard P Imperiale purchases 5,000 shares across 2 transactions for $79,275.25; 10 other insiders bought within 14 days

Richard P Imperiale, a Director at Broadstone Net Lease, executed 2 separate purchases totaling 5,000 shares for $79,275.25 on May 13–14, 2025, raising his stake from 11,263 to 16,263 shares (+44.4%). The cluster of 10 other insider purchases within the same 14-day window suggests coordinated appetite at the company level, though individual motivations remain undisclosed. At a blended average price of $15.86, Imperiale's purchases fall within the 52-week range ($14.72–$18.95) and below the current price of $16.15, placing the transactions at a modest discount to recent levels. The stock is -14.8% from its 52-week high and has posted a +5.2% gain over the prior 90 days; the company's P/E of 26.92 and revenue decline of -2.5% year-over-year warrant investor scrutiny alongside the cluster activity.

Director Jacobstein buys 1,500 shares at $16.28; cluster of 10 insiders also bought in past 14 days at BNL.

Director David M Jacobstein purchased 1,500 shares at $16.28 on 2025-05-08, bringing his holdings to 65,633 shares. This buy occurs within a cluster pattern where 10 other insiders also purchased within the past 14 days, indicating coordinated open-market acquisition activity across the insider group. The stock trades at $16.28, approximately 14.1% below its 52-week high of $18.95 and up 8.0% over the prior 30 days. With a P/E of 27.13, market cap of $3.1B, and annual revenue decline of -2.5%, the company's growth profile is modest relative to its valuation, yet multiple directors are accumulating positions simultaneously.

Director Imperiale buys 5,000 BNL shares across 2 transactions for $81.6K; 10 other insiders also bought in past 14 days.

Richard P Imperiale, a director at Broadstone Net Lease, executed 2 separate purchases totaling 5,000 shares for $81,561.75 on May 8-9, 2025, at prices of $16.28 and $16.34. This represents an 79.8% increase to his holdings, growing from 6,263 shares to 11,263 shares. The transaction prices align closely with the current price of $16.28, placing the purchase near the 52-week midpoint—neither at recent lows ($14.72) nor near the high ($18.95). The significance is amplified by a cluster pattern: 10 other insiders purchased shares within the same 14-day window, indicating coordinated or simultaneous accumulation activity across the insider group. With BNL trading at 27.13 P/E and showing recent positive momentum (+8.0% in the past 30 days, +5.1% in 90 days), the multi-insider buying pattern warrants attention as a potential signal of confidence in the stock's valuation and near-term direction.

President & COO Albano buys 10,000 shares of BNL at $16.52; 10 other insiders bought within 14 days

Ryan M Albano, President & COO of Broadstone Net Lease, purchased 10,000 shares at $16.52 on 2025-05-07, increasing his holdings to 318,548 shares. This transaction occurs within a notable cluster pattern: 10 other insiders also made purchases within the past 14 days, suggesting coordinated or independently motivated accumulation at similar price levels. The buy price of $16.52 sits near current levels ($16.33) and well within the 52-week range ($14.72–$18.95), indicating the purchase occurred in normal trading conditions rather than at distressed valuations. The cluster activity and management-level participation merit observation, particularly given the company's -2.5% annual revenue growth and P/E of 27.22, which suggest investors should monitor whether this multi-insider accumulation reflects positive forward signals or routine portfolio activity.

Director Felice Laura L. buys 9,250 shares of BNL at $16.36; cluster pattern with 10 other insiders buying in past 14 days.

Felice Laura L., a director, purchased 9,250 shares at $16.36 on 2025-05-07, increasing her holdings by 47.7% from 19,400 to 28,650 shares and investing $151,330.00. This purchase occurs within a broader cluster, with 10 other insiders also buying within the past 14 days, suggesting coordinated or synchronized conviction at the current price level. The stock is trading at $16.33 (current), down 13.8% from its 52-week high of $18.95 but up 6.3% over the past 30 days and 5.2% over 90 days, positioning this buy near a recent low but during a recovery phase. The company's fundamentals show a $3.1B market cap with a P/E of 27.22, though annual revenue growth is negative at -2.5%, warranting attention to underlying business momentum as the primary risk factor alongside valuation multiples.

Director Jessica Duran bought 6,173 shares of BNL at $16.11 on 2025-05-05; 6 other insiders also bought within 14 days—cluster activity with stock down 15.7% from 52-week high.

Jessica Duran, a director at Broadstone Net Lease, purchased 6,173 shares for $99,447.03, increasing her holdings by 31.8% to 25,573 shares. The purchase occurred at $16.11, which is 0.88% above the current price of $15.97 but materially below the 52-week high of $18.95. Most significantly, this transaction is part of a cluster pattern: 6 other insiders also bought within the past 14 days, suggesting coordinated internal confidence or response to external conditions. The company's fundamentals show a P/E of 26.62 with revenue of $108,690,000.00 in the latest quarter but annual revenue decline of -2.5% year-over-year, a metric investors should weigh against the collective insider accumulation.

Director Hawkes buys 10,000 shares of BNL at $16.14 as 6 other insiders also buy within 14 days

Hawkes Laurie A., a director at Broadstone Net Lease, purchased 10,000 shares at $16.14, increasing her holdings from 130,696 to 140,696 shares. This transaction is part of a broader cluster pattern, with 6 other insiders also buying within the past 14 days. The purchase price of $16.14 sits near the midpoint of the 52-week range ($14.62–$18.95) and above the current market price of $15.97, suggesting the purchase was made when the stock was slightly more favorable than today. The coordinated buying activity across multiple insiders during a period when the company has reported declining annual revenue growth (-2.5%) and a relatively elevated P/E of 26.62 warrants attention to understand whether this cluster represents a genuine assessment of value or reflects other market dynamics.

BNL CEO John David Moragne buys 10,000 shares at $16.13; joins 6 other insider buyers in 14 days. Prior buy well-timed.

CEO John David Moragne purchased 10,000 shares of Broadstone Net Lease at $16.13 on 2025-05-05, expanding his holdings to 449,791 shares. This transaction occurs amid a cluster of insider buying activity, with 6 other insiders also buying within the past 14 days, suggesting coordinated board-level interest. The CEO's prior buy at BNL on 2024-02-26 generated a +2.2% return over 90 days, aligning with his cross-ticker track record of 100.00% win rate on buys at the 90-day mark. The stock currently trades at $15.97, down 1.3% over 30 days but up 1.8% over 90 days, positioning this purchase within a modest recovery context against the 52-week range of $14.62–$18.95.

Director Saffire Joseph buys 10,000 BNL shares at $16.08; holdings rise 159.7% to 16,263 shares amid cluster of 6 other insider purchases in 14 days.

Saffire Joseph, a director of Broadstone Net Lease, purchased 10,000 shares at $16.08 on 2025-05-05, increasing his position by 159.7% from 6,263 to 16,263 shares. This transaction occurs within a cluster buy pattern: 6 other insiders also bought within the past 14 days, which amplifies the significance beyond a single director's action. The stock is currently trading at $15.97, down 1.3% over 30 days and down 15.7% from its 52-week high of $18.95, placing the purchase near recent support levels. The company's fundamentals show a market cap of $3.0B with quarterly revenue of $108.7M and net income of $16.7M, though annual revenue growth declined 2.5% year-over-year and the P/E of 26.62 reflects elevated valuation. The coordinated buying pattern across multiple insiders during a period of stock weakness warrants attention as a potential signal about management's near-term outlook.