The COO of Life Storage Inc (NYSE: LSI) is Selling Shares


Today, the COO of Life Storage Inc (NYSE: LSI), Edward Killeen, sold shares of LSI for $364K.

Following Edward Killeen’s last LSI Sell transaction on February 28, 2017, the stock climbed by 7.7%.

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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 $4.24B and the company has a P/E ratio of 38.58. Currently, Life Storage Inc has an average volume of 486.8K.

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 12.9% upside.

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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. The company was founded by Robert J. Attea, David L. Rogers, Kenneth F.

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