EXR - Matthew Herrington Of Extra Space Storage Shows Optimism Buys $762K In Stock | Benzinga
Matthew Herrington, EVP & COO at Extra Space Storage (NYSE:EXR), disclosed an insider purchase on March 6, based on a new SEC filing.
What Happened: Herrington's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, involves purchasing 5,318 shares of Extra Space Storage. The total transaction value is $762,388.
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.
Financial Milestones: Extra Space Storage's Journey
Revenue Growth: Over the 3 months period, Extra Space Storage showcased positive performance, achieving a revenue growth rate of 57.44% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. In ...