EXR - Eye On Growth: Kenneth Woolley Adds $199K Of Extra Space Storage Stock To Portfolio | Benzinga
A notable insider purchase on May 28, was reported by Kenneth Woolley, Board Member at Extra Space Storage (NYSE:EXR), based on the most recent SEC filing.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday, Woolley increased their investment in Extra Space Storage by purchasing 1,402 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $199,967.
During Wednesday's morning session, Extra Space Storage shares down by 3.03%, currently priced at $138.05.
Unveiling the Story Behind Extra Space Storage
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 3,700 self-storage properties in 42 states, with over 280 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's Economic Impact: An Analysis
Positive Revenue Trend: Examining Extra Space Storage's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 58.94% as of ...