Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CubeSmart shares valued at $837,919 were sold by Schulte Jennifer on Sep 11 ’24. At $52.56 per share, Schulte Jennifer sold 15,942 shares. The insider’s holdings dropped to 10,847 shares worth approximately $0.44 million following the completion of this transaction.
Also, DeNarie Matthew D sold 868 shares, netting a total of over 46,560 in proceeds. Following the sale of shares at $53.64 each, the insider now holds 17,081 shares.
Before that, Schulte Jennifer had added 15,942 shares to its account. In a trade valued at $853,216, the Officer bought CubeSmart shares for $53.52 each.
As published in a research note from KeyBanc Capital Markets on March 06, 2025, CubeSmart [CUBE] has been rated up from a Sector weight to an Overweight and the price target has been revised to $47. Analysts at Scotiabank downgraded the stock from ‘”a Sector outperform”‘ to ‘”a Sector perform”‘ outlook in a report released in early March. As of January 17, 2025, Truist has increased its “Hold” rating to a “Buy” for CUBE. Earlier on January 10, 2025, Deutsche Bank upgraded its rating. Their new recommendation was “a Hold” for CUBE stock which previously was a “a Sell”.
Analyzing CUBE Stock Performance
During the last five days, there has been a surge of approximately 2.78%. Over the course of the year, CubeSmart shares have dropped approximately -5.09%. Shares of the company reached a 52-week high of $43.82 on 03/10/25 and a 52-week low of $34.24 on 04/09/25. A 50-day SMA is recorded $40.81, while a 200-day SMA reached $45.86.
Support And Resistance Levels for CubeSmart (CUBE)
According to the 24-hour chart, there is a support level at 39.64, which, if violated, would cause prices to drop to 38.61. In the upper region, resistance lies at 41.21. The next price resistance is at 41.75. RSI (Relative Strength Index) is 54.71 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.83, which suggests the price will decrease in the coming days. Percent R is at 1.03%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
