On May 28, Joseph Bonner, Director at Extra Space Storage (NYSE:EXR) executed a significant insider buy, as disclosed in the latest SEC filing.
What Happened: Bonner's recent purchase of 1,402 shares of Extra Space Storage, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday, reflects confidence in the company's potential. The total transaction value is $199,967.
Extra Space Storage's shares are actively trading at $138.05, experiencing a down of 3.03% during Wednesday's morning session.
About 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.
Key Indicators: Extra Space Storage's Financial Health
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 company's top-line earnings. ...