It was revealed in a recent SEC filing that Julia Ploeg Vander, Board Member at Extra Space Storage (NYSE:EXR) made a noteworthy insider purchase on May 28,.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Vander purchased 1,402 shares of Extra Space Storage. The total transaction amounted to $199,967.
As of Wednesday morning, Extra Space Storage shares are down by 3.03%, currently priced at $138.05.
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 3,700 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's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 58.94%. This signifies a substantial increase in the company's top-line earnings. As compared to its ...