Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Essex Property Trust, Inc shares valued at $842,240 were sold by Kasaris Mary on Mar 11 ’25. At $300.80 per share, Kasaris Mary sold 2,800 shares. The insider’s holdings dropped to 1,755 shares worth approximately $0.46 million following the completion of this transaction.
Also, Kasaris Mary purchased 2,800 shares, netting a total of over 842,240 in proceeds.
Before that, Kleiman Angela L. had sold 4,929 shares from its account. In a trade valued at $1,552,586, the President and CEO traded Essex Property Trust, Inc shares for $314.99 each. Upon closing the transaction, the insider’s holdings decreased to 4,929 shares, worth approximately $3.59 million.
As published in a research note from Deutsche Bank on January 21, 2025, Essex Property Trust, Inc [ESS] has been rated up from a Hold to a Buy and the price target has been revised to $310 from $308. Analysts at BMO Capital Markets upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in mid January. As of December 17, 2024, Barclays has initiated its “an Equal weight” rating for ESS. Earlier on December 17, 2024, JP Morgan downgraded its rating. Their new recommendation was “an Underweight” for ESS stock which previously was a “a Neutral”.
Analyzing ESS Stock Performance
During the last five days, there has been a drop of approximately -10.70%. Over the course of the year, Essex Property Trust, Inc shares have dropped approximately -7.91%. Shares of the company reached a 52-week high of $316.29 on 03/04/25 and a 52-week low of $243.85 on 04/09/25. A 50-day SMA is recorded $294.61, while a 200-day SMA reached $291.64.
Support And Resistance Levels for Essex Property Trust, Inc (ESS)
According to the 24-hour chart, there is a support level at 256.31, which, if violated, would cause prices to drop to 249.77. In the upper region, resistance lies at 271.71. The next price resistance is at 280.58. RSI (Relative Strength Index) is 33.59 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -26.98, which suggests the price will decrease in the coming days. Percent R is at 71.32%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
