Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Extra Space Storage Inc shares valued at $1,338,900 were sold by Margolis Joseph D on Oct 01 ’24. At $178.52 per share, Margolis Joseph D sold 7,500 shares. The insider’s holdings dropped to 24,190 shares worth approximately $3.97 million following the completion of this transaction.
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
Also, COVE HOLLOW LANE II purchased 7,500 shares, netting a total of over 1,351,425 in proceeds.
Before that, Woolley Kenneth M. had sold 6,647 shares from its account. In a trade valued at $1,178,048, the Director traded Extra Space Storage Inc shares for $177.23 each. Upon closing the transaction, the insider’s holdings decreased to 6,647 shares, worth approximately $66.32 million.
As published in a research note from Wells Fargo on October 21, 2024, Extra Space Storage Inc [EXR] has been rated down from an Overweight to an Equal weight and the price target has been revised to $175. Analysts at Jefferies upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid September. As of September 10, 2024, RBC Capital Mkts has initiated its “Sector perform” rating for EXR. Earlier on August 05, 2024, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for EXR stock which previously was a “a Neutral”.
Analyzing EXR Stock Performance
During the last five days, there has been a surge of approximately 1.86%. Over the course of the year, Extra Space Storage Inc shares have jumped approximately 2.31%. Shares of the company reached a 52-week high of $184.87 on 09/18/24 and a 52-week low of $131.02 on 04/24/24. A 50-day SMA is recorded $171.87, while a 200-day SMA reached $156.11. Nevertheless, trading volume fell to 0.71 million shares from 1.42 million shares the previous day.
Support And Resistance Levels for Extra Space Storage Inc (EXR)
According to the 24-hour chart, there is a support level at 162.84, which, if violated, would cause prices to drop to 161.65. In the upper region, resistance lies at 165.27. The next price resistance is at 166.51. RSI (Relative Strength Index) is 45.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.66, which suggests the price will decrease in the coming days. Percent R is at 43.27%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
