Essex Property Trust, Inc’s recently made public that its President and CEO Kleiman Angela L. unloaded Company’s shares for reported $1.55 million on Mar 03 ’25. In the deal valued at $314.99 per share,4,929 shares were sold. As a result of this transaction, Kleiman Angela L. now holds 13,662 shares worth roughly $4.12 million.
Then, Kleiman Angela L. sold 400 shares, generating $126,048 in total proceeds. Upon selling the shares at $315.12, the President and CEO now owns 13,662 shares.
Before that, GUERICKE KEITH R sold 7,298 shares. Essex Property Trust, Inc shares valued at $2,298,870 were divested by the Director at a price of $315.00 per share. As a result of the transaction, GUERICKE KEITH R now holds 16,118 shares, worth roughly $4.86 million.
Deutsche Bank upgraded its Essex Property Trust, Inc [ESS] rating to a Buy from a a Hold in a research note published on January 21, 2025; the price target was increased to $310 from $308. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who increased its forecast for the stock in mid January from “a Market perform” to “an Outperform”. Barclays began covering ESS with “an Equal weight” recommendation on December 17, 2024. JP Morgan revised its rating on December 17, 2024. It rated ESS as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of ESS
On Friday, Essex Property Trust, Inc [NYSE:ESS] saw its stock jump 0.10% to $301.74. Over the last five days, the stock has lost -3.15%. Essex Property Trust, Inc shares have risen nearly 5.71% since the year began. Nevertheless, the stocks have risen 24.28% over the past one year. While a 52-week high of $317.73 was reached on 03/04/25, a 52-week low of $230.90 was recorded on 01/08/25. SMA at 50 days reached $288.78, while 200 days put it at $288.60.
Levels Of Support And Resistance For ESS Stock
The 24-hour chart illustrates a support level at 298.59, which if violated will result in even more drops to 295.44. On the upside, there is a resistance level at 305.82. A further resistance level may holdings at 309.90. The Relative Strength Index (RSI) on the 14-day chart is 55.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.32, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 50.31%. Stochastics %K at 56.81% indicates the stock is a holding.
