Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Equity Residential Properties Trust shares valued at $71,040 were purchased by Carraway Catherine on May 01 ’25. At $70.55 per share, Carraway Catherine acquired 1,007 shares.
Also, Garechana Robert purchased 4 shares, netting a total of over 279 in proceeds. Following the buying of shares at $69.81 each, the insider now holds 14,112 shares.
Before that, Manelis Michael L had sold 9,487 shares from its account. In a trade valued at $683,761, the Executive Vice President & COO traded Equity Residential Properties Trust shares for $72.07 each. Upon closing the transaction, the insider’s holdings decreased to 9,487 shares, worth approximately $1.89 million.
As published in their initiating research note from Barclays on December 17, 2024, Equity Residential Properties Trust [EQR] has been an Overweight and the price target has been revised to $83. Analysts at Stifel upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid November. As of September 24, 2024, BofA Securities has decreased its “Buy” rating to a “Neutral” for EQR. Earlier on September 11, 2024, Exane BNP Paribas initiated its rating. Their recommendation was “an Outperform” for EQR stock.
Analyzing EQR Stock Performance
During the last five days, there has been a surge of approximately 1.89%. Over the course of the year, Equity Residential Properties Trust shares have dropped approximately -1.59%. Shares of the company reached a 52-week high of $75.86 on 03/04/25 and a 52-week low of $59.41 on 04/09/25. A 50-day SMA is recorded $69.75, while a 200-day SMA reached $71.85.
Support And Resistance Levels for Equity Residential Properties Trust (EQR)
According to the 24-hour chart, there is a support level at 69.58, which, if violated, would cause prices to drop to 68.53. In the upper region, resistance lies at 71.42. The next price resistance is at 72.22. RSI (Relative Strength Index) is 57.88 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.76, which suggests the price will increase in the coming days. Percent R is at 6.29%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
