Equity Residential Properties Trust’s recent filing unveils that its EVP & Chief Financial Officer Garechana Robert acquired Company’s shares for reported $279.0 on Mar 17 ’25. In the deal valued at $69.81 per share,4 shares were bought. As a result of this transaction, Garechana Robert now holds 14,112 shares worth roughly $1.01 million.
Then, Manelis Michael L sold 9,487 shares, generating $683,761 in total proceeds. Upon selling the shares at $72.07, the Executive Vice President & COO now owns 26,781 shares.
Before that, Kaufman Ian sold 642 shares. Equity Residential Properties Trust shares valued at $46,263 were divested by the Chief Accounting Officer at a price of $72.06 per share. As a result of the transaction, Kaufman Ian now holds 25,539 shares, worth roughly $1.82 million.
Barclays initiated its Equity Residential Properties Trust [EQR] rating to an Overweight in a research note published on December 17, 2024; the price target was $83. A number of analysts have revised their coverage, including Stifel’s analysts, who increased its forecast for the stock in mid November from “a Hold” to “a Buy”. BofA Securities also remained covering EQR and has decreased its forecast on September 24, 2024 with a “Neutral” recommendation from previously “Buy” rating. Exane BNP Paribas started covering the stock on September 11, 2024. It rated EQR as “an Outperform”.
Price Performance Review of EQR
On Tuesday, Equity Residential Properties Trust [NYSE:EQR] saw its stock fall -0.42% to $71.28. Over the last five days, the stock has gained 0.35%. Equity Residential Properties Trust shares have fallen nearly -0.67% since the year began. Nevertheless, the stocks have risen 13.85% over the past one year. While a 52-week high of $78.54 was reached on 03/04/25, a 52-week low of $59.01 was recorded on 01/10/25. SMA at 50 days reached $70.97, while 200 days put it at $71.89.
Levels Of Support And Resistance For EQR Stock
The 24-hour chart illustrates a support level at 70.50, which if violated will result in even more drops to 69.72. On the upside, there is a resistance level at 72.01. A further resistance level may holdings at 72.74. The Relative Strength Index (RSI) on the 14-day chart is 51.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.94%. Stochastics %K at 74.79% indicates the stock is a holding.
How much short interest is there in Equity Residential Properties Trust?
A steep rise in short interest was recorded in Equity Residential Properties Trust stocks on 2025-03-14, growing by 0.3 million shares to a total of 6.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.74 million shares. There was a rise of 4.97%, which implies that there is a positive sentiment for the stock.
