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Extra Space Storage (NYSE:EXR) CMO James Overturf unloaded 1,975 shares of the company’s stock on the open market in a transaction dated Thursday, August 7th. The shares were sold at an average price of $52.17, for a total transaction of $103,035.75. Following the transaction, the chief marketing officer now directly owns 86,597 shares in the company, valued at approximately $4,517,765. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Several analysts have recently commented on the stock. Analysts at ISI Group raised their price target on shares of Extra Space Storage from $54.00 to $57.00 in a research note on Thursday, July 31st. Analysts at Jefferies Group raised their price target on shares of Extra Space Storage from $53.00 to $57.00 in a research note on Tuesday, July 22nd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $52.72.

Shares of Extra Space Storage (NYSE:EXR) traded up 0.96% on Friday, hitting $52.66. The stock had a trading volume of 545,223 shares. Extra Space Storage has a one year low of $39.98 and a one year high of $54.44. The stock has a 50-day moving average of $53.08 and a 200-day moving average of $50.27. The company has a market cap of $6.109 billion and a P/E ratio of 32.24.

Extra Space Storage (NYSE:EXR) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.64 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.63 by $0.01. The company had revenue of $160.20 million for the quarter, compared to the consensus estimate of $153.02 million. During the same quarter last year, the company posted $0.50 earnings per share. Extra Space Storage’s revenue was up 26.9% compared to the same quarter last year. Analysts expect that Extra Space Storage will post $2.48 EPS for the current fiscal year.

Extra Space Storage Inc is a self-administered and self-managed real estate investment trust (NYSE:EXR).

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