In a filing, Extra Space Storage Inc revealed its Chief Executive Officer Margolis Joseph D unloaded Company’s shares for reported $1.11 million on Apr 01 ’25. In the deal valued at $147.45 per share,7,500 shares were sold. As a result of this transaction, Margolis Joseph D now holds 9,190 shares worth roughly $1.16 million.
Then, COVE HOLLOW LANE II LCC bought 7,500 shares, generating $1,113,675 in total proceeds.
Before that, Bonner Joseph J sold 672 shares. Extra Space Storage Inc shares valued at $100,195 were divested by the Director at a price of $149.10 per share. As a result of the transaction, Bonner Joseph J now holds 4,557 shares, worth roughly $0.58 million.
Scotiabank upgraded its Extra Space Storage Inc [EXR] rating to a Sector perform from a a Sector underperform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in late October from “an Overweight” to “an Equal weight”. Jefferies also remained covering EXR and has increased its forecast on September 18, 2024 with a “Buy” recommendation from previously “Hold” rating. RBC Capital Mkts started covering the stock on September 10, 2024. It rated EXR as “a Sector perform”.
Price Performance Review of EXR
On Tuesday, Extra Space Storage Inc [NYSE:EXR] saw its stock fall -4.36% to $126.61. Over the last five days, the stock has lost -14.36%. Extra Space Storage Inc shares have fallen nearly -15.37% since the year began. Nevertheless, the stocks have fallen -13.41% over the past one year. While a 52-week high of $184.83 was reached on 02/25/25, a 52-week low of $130.74 was recorded on 04/08/25. SMA at 50 days reached $150.71, while 200 days put it at $160.88.
Levels Of Support And Resistance For EXR Stock
The 24-hour chart illustrates a support level at 122.70, which if violated will result in even more drops to 118.80. On the upside, there is a resistance level at 132.72. A further resistance level may holdings at 138.84. The Relative Strength Index (RSI) on the 14-day chart is 21.13, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.13%. Stochastics %K at 6.05% indicates the stock is a buying.
How much short interest is there in Extra Space Storage Inc?
A steep rise in short interest was recorded in Extra Space Storage Inc stocks on 2025-03-14, growing by 0.64 million shares to a total of 4.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.44 million shares. There was a rise of 15.65%, which implies that there is a positive sentiment for the stock.
