EXR - Sell Alert: Joseph Margolis Cashes Out $1.14M In Extra Space Storage Stock | Benzinga
Joseph Margolis, Chief Executive Officer at Extra Space Storage (NYSE:EXR), executed a substantial insider sell on July 3, according to an SEC filing.
What Happened: Margolis's recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday unveiled the sale of 7,500 shares of Extra Space Storage. The total transaction value is $1,144,350.
In the Thursday's morning session, Extra Space Storage's shares are currently trading at $154.2, experiencing a up of 0.31%.
Delving into Extra Space Storage's Background
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 displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 58.94%. This indicates a notable increase in the ...