Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Public Storage shares valued at $143,096 were sold by Vitan Nathaniel A. on Dec 13 ’24. At $317.99 per share, Vitan Nathaniel A. sold 450 shares. The insider’s holdings dropped to 2,364 shares worth approximately $0.7 million following the completion of this transaction.
Also, Vitan Nathaniel A. purchased 450 shares, netting a total of over 143,096 in proceeds.
Before that, Vitan Nathaniel A. had sold 400 shares from its account. In a trade valued at $135,978, the Chief Legal Officer traded Public Storage shares for $339.95 each. Upon closing the transaction, the insider’s holdings decreased to 400 shares, worth approximately $0.83 million.
As published in a research note from BofA Securities on April 22, 2025, Public Storage [PSA] has been rated up from a Neutral to a Buy and the price target has been revised to $368. Analysts at Truist upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early April. As of April 09, 2025, Scotiabank has increased its “Sector perform” rating to a “Sector outperform” for PSA. Earlier on January 10, 2025, Deutsche Bank upgraded its rating. Their new recommendation was “a Hold” for PSA stock which previously was a “a Sell”.
Analyzing PSA Stock Performance
During the last five days, there has been a surge of approximately 2.19%. Over the course of the year, Public Storage shares have dropped approximately -1.41%. Shares of the company reached a 52-week high of $322.49 on 03/10/25 and a 52-week low of $256.60 on 04/09/25. A 50-day SMA is recorded $296.85, while a 200-day SMA reached $317.07.
Support And Resistance Levels for Public Storage (PSA)
According to the 24-hour chart, there is a support level at 291.98, which, if violated, would cause prices to drop to 288.72. In the upper region, resistance lies at 299.49. The next price resistance is at 303.75. RSI (Relative Strength Index) is 52.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.15, which suggests the price will increase in the coming days. Percent R is at 15.80%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
