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National Storage Affiliates Trust [NSA] stock for 237,250 USD was acquired by Nordhagen Arlen Dale

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. National Storage Affiliates Trust shares valued at $237,250 were purchased by Nordhagen Arlen Dale on Dec 11 ’23. At $36.50 per share, Nordhagen Arlen Dale acquired 6,500 shares. The insider’s holdings grew to 4,027,726 shares worth approximately $143.19 million following the completion of this transaction.

Also, Nordhagen Arlen Dale purchased 10,000 shares, netting a total of over 359,200 in proceeds. Following the buying of shares at $35.92 each, the insider now holds 4,029,626 shares.

Before that, FISCHER TAMARA D had added 608 shares to its account. In a trade valued at $18,045, the Executive Chair bought National Storage Affiliates Trust shares for $29.68 each. Upon closing the transaction, the insider’s holdings increased to 608 shares, worth approximately $0.64 million.

As published in their initiating research note from Barclays on March 27, 2024, National Storage Affiliates Trust [NSA] has been an Equal weight and the price target has been revised to $39. Analysts at Deutsche Bank started covering the stock with ‘”a Sell”‘ outlook in a report released in late January. As of January 05, 2024, KeyBanc Capital Markets has increased its “Sector weight” rating to a “an Overweight” for NSA. Earlier on December 11, 2023, Evercore ISI downgraded its rating. Their new recommendation was “an Underperform” for NSA stock which previously was a “an In-line”.

Analyzing NSA Stock Performance

During the last five days, there has been a drop of approximately -0.64%. Over the course of the year, National Storage Affiliates Trust shares have dropped approximately -14.28%. Shares of the company reached a 52-week high of $42.54 on 01/02/24 and a 52-week low of $34.50 on 02/29/24. A 50-day SMA is recorded $36.78, while a 200-day SMA reached $35.09. Nevertheless, trading volume fell to 0.86 million shares from 0.71 million shares the previous day.

Support And Resistance Levels for National Storage Affiliates Trust (NSA)

According to the 24-hour chart, there is a support level at 34.99, which, if violated, would cause prices to drop to 34.42. In the upper region, resistance lies at 36.14. The next price resistance is at 36.72. RSI (Relative Strength Index) is 44.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.24, which suggests the price will decrease in the coming days. Percent R is at 71.70%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

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