EXR - Insider Move: GARY CRITTENDEN Invests $199K In Extra Space Storage Stock | Benzinga
A new SEC filing reveals that GARY CRITTENDEN, Director at Extra Space Storage (NYSE:EXR), made a notable insider purchase on May 28,.
What Happened: In a Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission, it was disclosed that CRITTENDEN bought 1,402 shares of Extra Space Storage, amounting to a total of $199,967.
The latest update on Wednesday morning shows Extra Space Storage shares down by 3.03%, trading 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.
Unraveling the Financial Story of Extra Space Storage
Revenue Growth: Extra Space Storage's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 58.94%. This indicates a substantial increase in the company's top-line earnings. In ...