Essex Property Trust, Inc’s recently made public that its Director Kasaris Mary unloaded Company’s shares for reported $0.84 million on Mar 11 ’25. In the deal valued at $300.80 per share,2,800 shares were sold. As a result of this transaction, Kasaris Mary now holds 1,755 shares worth roughly $0.46 million.
Then, Kasaris Mary bought 2,800 shares, generating $842,240 in total proceeds.
Before that, Kleiman Angela L. sold 4,929 shares. Essex Property Trust, Inc shares valued at $1,552,586 were divested by the President and CEO at a price of $314.99 per share. As a result of the transaction, Kleiman Angela L. now holds 13,662 shares, worth roughly $3.58 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 Monday, Essex Property Trust, Inc [NYSE:ESS] saw its stock fall -3.19% to $262.39. Over the last five days, the stock has lost -14.41%. Essex Property Trust, Inc shares have fallen nearly -8.08% since the year began. Nevertheless, the stocks have risen 11.19% 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 04/07/25. SMA at 50 days reached $295.64, while 200 days put it at $291.88.
Levels Of Support And Resistance For ESS Stock
The 24-hour chart illustrates a support level at 253.48, which if violated will result in even more drops to 244.57. On the upside, there is a resistance level at 274.00. A further resistance level may holdings at 285.61. The Relative Strength Index (RSI) on the 14-day chart is 23.93, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -22.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.48%. Stochastics %K at 7.27% indicates the stock is a buying.
How much short interest is there in Essex Property Trust, Inc?
A steep rise in short interest was recorded in Essex Property Trust, Inc stocks on 2025-03-14, growing by 1756.0 shares to a total of 1.03 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.02 million shares. There was a rise of 0.17%, which implies that there is a positive sentiment for the stock.
