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 $1.27 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 $0.63 million.
Scotiabank upgraded its Extra Space Storage Inc [EXR] rating to a Sector outperform from a a Sector perform in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who increased its forecast for the stock in early January from “a Sector underperform” to “a Sector perform”. Wells Fargo also remained covering EXR and has decreased its forecast on October 21, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Jefferies revised its rating on September 18, 2024. It rated EXR as “a Buy” which previously was an “a Hold”.
Price Performance Review of EXR
On Tuesday, Extra Space Storage Inc [NYSE:EXR] saw its stock jump 0.41% to $138.24. Over the last five days, the stock has gained 9.19%. Extra Space Storage Inc shares have fallen nearly -7.59% since the year began. Nevertheless, the stocks have fallen -1.67% over the past one year. While a 52-week high of $184.83 was reached on 02/25/25, a 52-week low of $121.03 was recorded on 04/09/25. SMA at 50 days reached $148.86, while 200 days put it at $160.32.
Levels Of Support And Resistance For EXR Stock
The 24-hour chart illustrates a support level at 137.02, which if violated will result in even more drops to 135.79. On the upside, there is a resistance level at 139.36. A further resistance level may holdings at 140.47. The Relative Strength Index (RSI) on the 14-day chart is 44.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.91%. Stochastics %K at 54.34% indicates the stock is a holding.
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 2025-03-31, growing by 0.76 million shares to a total of 3.59 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.83 million shares. There was a rise of 21.18%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 10, 2024 when RBC Capital Mkts began covering the stock and recommended ‘”a Sector perform”‘ rating along with a $180 price target.
