On March 6, William Springer, EVP at Extra Space Storage (NYSE:EXR) executed a significant insider buy, as disclosed in the latest SEC filing.
What Happened: In a recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, Springer increased their investment in Extra Space Storage by purchasing 5,868 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $841,236.
Extra Space Storage shares are trading up 0.74% at $143.63 at the time of this writing on Wednesday morning.
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.
Extra Space Storage: A Financial Overview
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 57.44% as of 31 December, 2023, showcasing a substantial ...