EXR - Spencer Kirk Boosts Confidence With $199K Purchase Of Extra Space Storage Stock | Benzinga
A new SEC filing reveals that Spencer Kirk, Board Member at Extra Space Storage (NYSE:EXR), made a notable insider purchase on May 28,.
What Happened: Kirk's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday, involves purchasing 1,402 shares of Extra Space Storage. The total transaction value is $199,967.
At Wednesday morning, Extra Space Storage shares are down by 3.03%, trading at $138.05.
Get to Know Extra Space Storage Better
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.
Key Indicators: Extra Space Storage's Financial Health
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 31 March, 2024, showcasing a substantial increase ...