Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Equity Residential Properties Trust shares valued at $279 were purchased by Garechana Robert on Mar 17 ’25. At $69.81 per share, Garechana Robert acquired 4 shares. The insider’s holdings grew to 14,112 shares worth approximately $1.01 million following the completion of this transaction.
Also, Manelis Michael L sold 9,487 shares, netting a total of over 683,761 in proceeds. Following the sale of shares at $72.07 each, the insider now holds 26,781 shares.
Before that, Kaufman Ian had sold 642 shares from its account. In a trade valued at $46,263, the Chief Accounting Officer traded Equity Residential Properties Trust shares for $72.06 each. Upon closing the transaction, the insider’s holdings decreased to 642 shares, worth approximately $1.82 million.
As published in their initiating research note from Barclays on December 17, 2024, Equity Residential Properties Trust [EQR] has been an Overweight and the price target has been revised to $83. Analysts at Stifel upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid November. As of September 24, 2024, BofA Securities has decreased its “Buy” rating to a “Neutral” for EQR. Earlier on September 11, 2024, Exane BNP Paribas initiated its rating. Their recommendation was “an Outperform” for EQR stock.
Analyzing EQR Stock Performance
During the last five days, there has been a surge of approximately 1.55%. Over the course of the year, Equity Residential Properties Trust shares have dropped approximately -0.70%. Shares of the company reached a 52-week high of $75.86 on 03/04/25 and a 52-week low of $66.64 on 01/10/25. A 50-day SMA is recorded $70.88, while a 200-day SMA reached $71.81.
Support And Resistance Levels for Equity Residential Properties Trust (EQR)
According to the 24-hour chart, there is a support level at 70.71, which, if violated, would cause prices to drop to 70.16. In the upper region, resistance lies at 72.23. The next price resistance is at 73.19. RSI (Relative Strength Index) is 51.98 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.19, which suggests the price will increase in the coming days. Percent R is at 34.88%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
