A Major Shareholder at Public Storage (PSA) is Selling Shares


Yesterday, a Major Shareholder at Public Storage (PSA), Hughes B Wayne Et Al, sold shares of PSA for $9.8M.

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Based on Public Storage’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $711 million and quarterly net profit of $369 million. In comparison, last year the company earned revenue of $686 million and had a net profit of $402 million. The company has a one-year high of $260.17 and a one-year low of $193.89. Currently, Public Storage has an average volume of 840.97K.

The insider sentiment on Public Storage has been negative according to 39 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Hughes B Wayne Et Al’s trades have generated a -11.9% 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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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