KD Logo

The Attractiveness of Investing In Extra Space Storage Inc. (EXR) is Growing

ZOM Stock

Extra Space Storage Inc.’s recently made public that its Director Woolley Kenneth M. unloaded Company’s shares for reported $1.18 million on Sep 13 ’24. In the deal valued at $177.23 per share,6,647 shares were sold. As a result of this transaction, Woolley Kenneth M. now holds 404,306 shares worth roughly $73.65 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Woolley Kenneth M. bought 6,647 shares, generating $1,178,048 in total proceeds.

Before that, Springer William N sold 2,000 shares. Extra Space Storage Inc. shares valued at $350,660 were divested by the EVP, Chief S & P Officer at a price of $175.33 per share. As a result of the transaction, Springer William N now holds 11,919 shares, worth roughly $2.17 million.

Jefferies upgraded its Extra Space Storage Inc. [EXR] rating to a Buy from a a Hold in a research note published on September 18, 2024; the price target was increased to $204 from $162. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in early September with a ‘”a Sector perform”‘ rating. BofA Securities also remained covering EXR and has decreased its forecast on August 05, 2024 with a “an Underperform” recommendation from previously “Neutral” rating. Raymond James revised its rating on March 28, 2024. It rated EXR as “an Outperform” which previously was an “a Strong buy”.

Price Performance Review of EXR

On Tuesday, Extra Space Storage Inc. [NYSE:EXR] saw its stock fall -0.54% to $182.16. Over the last five days, the stock has gained 1.89%. Extra Space Storage Inc. shares have risen nearly 13.62% since the year began. Nevertheless, the stocks have risen 46.83% over the past one year. While a 52-week high of $184.87 was reached on 09/18/24, a 52-week low of $101.19 was recorded on 04/24/24. SMA at 50 days reached $170.54, while 200 days put it at $152.92.

Levels Of Support And Resistance For EXR Stock

The 24-hour chart illustrates a support level at 181.23, which if violated will result in even more drops to 180.29. On the upside, there is a resistance level at 183.09. A further resistance level may holdings at 184.01. The Relative Strength Index (RSI) on the 14-day chart is 66.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.73, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.85%. Stochastics %K at 78.27% indicates the stock is a holding.

How much short interest is there in Extra Space Storage Inc.?

A steep rise in short interest was recorded in Extra Space Storage Inc. stocks on 2024-08-30, dropping by -0.23 million shares to a total of 3.83 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 4.06 million shares. There was a decline of -5.98%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on March 27, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $157 price target.

Most Popular