EXR - Chief Executive Officer Of Extra Space Storage Purchased $5.68M In Stock | Benzinga
On March 6, a substantial insider purchase was made by Joseph Margolis, Chief Executive Officer at Extra Space Storage (NYSE:EXR), as per the latest SEC filing.
What Happened: Margolis's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, involves purchasing 39,588 shares of Extra Space Storage. The total transaction value is $5,675,335.
In the Wednesday's morning session, Extra Space Storage's shares are currently trading at $143.63, experiencing a up of 0.74%.
All You Need to Know About Extra Space Storage
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 3,600 self-storage properties in 42 states, with over 270 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
Extra Space Storage: Financial Performance Dissected
Revenue Growth: Extra Space Storage's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 57.44%. This signifies a substantial increase in the company's top-line earnings. As ...