Extra Space Storage (EXR) sees Significant Insider Selling Continuing

Tuesday, September 05, 2017 10:15 PM ET

Extra Space Storage (EXR) sees Significant Insider Selling Continuing

A SEC filing today indicated a substantial insider sale of Extra Space Storage shares as — Spencer Kirk, Director — disposed of 20,000 shares in the company having a market value of approximately $1,562,328. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 43,900 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 63,900 shares and have averaged 21,300 shares per transaction over this time period.

Insiders at Extra Space Storage have a higher number of buy/sell transactions than the 6-peer company average over the last 90-day period. The Self-Storage REITs peer group saw 12 buy/sell trades during this period for an average of 2.0 transactions per company. The number of shares per buy/sell trade for Extra Space Storage insiders was also higher. Within the peer group there were 8,530 shares purchased and 73,900 shares sold with company insiders selling 5,448 shares on average.

The data sourced in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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