KD Logo

A company insider recently sold 1,007 shares of Equity Residential Properties Trust [EQR]. Should You Sale?

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 $71,044 were sold by Carraway Catherine on May 01 ’25. At $70.55 per share, Carraway Catherine sold 1,007 shares. The insider’s holdings dropped to 12,746 shares worth approximately $0.87 million following the completion of this transaction.

Also, Carraway Catherine purchased 1,007 shares, netting a total of over 71,040 in proceeds.

Before that, Garechana Robert had added 4 shares to its account. In a trade valued at $279, the EVP & Chief Financial Officer bought Equity Residential Properties Trust shares for $69.81 each. Upon closing the transaction, the insider’s holdings increased to 4 shares, worth approximately $0.96 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 drop of approximately -3.61%. Over the course of the year, Equity Residential Properties Trust shares have dropped approximately -4.82%. 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.

Support And Resistance Levels for Equity Residential Properties Trust (EQR)

According to the 24-hour chart, there is a support level at 67.71, which, if violated, would cause prices to drop to 67.13. In the upper region, resistance lies at 69.02. The next price resistance is at 69.75. RSI (Relative Strength Index) is 43.58 on the 14-day chart, showing neutral technical sentiment.

Most Popular