Today, a Director at Life Storage Inc, Robert Attea, exercised options of Life Storage Inc for $2.56M. The options were close to expired and Robert Attea disposed stocks.
In addition to Robert Attea, 2 other LSI executives reported Sell trades in the last month.
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Based on Life Storage Inc’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $133 million and quarterly net profit of $33.89 million. In comparison, last year the company earned revenue of $130 million and had a net profit of $20.43 million. LSI’s market cap is $4.28B and the company has a P/E ratio of 39.00. Currently, Life Storage Inc has an average volume of 359.5K.
Seven different firms, including B.Riley FBR and BMO Capital, currently also have a Sell rating on the stock. Based on 8 analyst ratings, the analyst consensus is Hold with an average price target of $81.29, reflecting a 14.3% upside.
The insider sentiment on Life Storage Inc has been negative according to 27 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Robert Attea’s trades have generated a -7.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Life Storage, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of self storage properties. It also offers truck rental, office and rental space, and vehicle storage. It operates under the trade name Uncle Bob’s Self Storage.
