Extra Space Storage Inc’s recent filing unveils that 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 $1.35 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 $0.67 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 fall -1.45% to $147.22. Over the last five days, the stock has gained 4.09%. Extra Space Storage Inc shares have fallen nearly -1.59% since the year began. Nevertheless, the stocks have risen 5.39% 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 $145.45, while 200 days put it at $159.29.
Levels Of Support And Resistance For EXR Stock
The 24-hour chart illustrates a support level at 146.50, which if violated will result in even more drops to 145.78. On the upside, there is a resistance level at 148.56. A further resistance level may holdings at 149.90. The Relative Strength Index (RSI) on the 14-day chart is 56.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.30, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 28.61%. Stochastics %K at 81.82% indicates the stock is a selling.
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.
