EXR CEO Margolis sold 7,500 shares at $142.08; 5 of 5 prior sales well-timed with 90d decline pattern
Joseph D Margolis, Chief Executive Officer of Extra Space Storage Inc., sold 7,500 shares at $142.08 on 2026-03-13, reducing holdings from 73,995 to 66,495 shares. His prior trades at EXR show a consistent timing pattern: all 5 previous sales at this ticker were well-timed at the 90-day mark, with 4 of 5 followed by negative 90-day returns (-17.5%, -7.0%, -5.9%, and -0.4%), and his cross-ticker sell track record shows an 85.71% well-timed rate with an average 90-day return of -3.0%. The current price of $139.50 is -8.8% from the 52-week high and down 4.7% over the past 30 days, placing the stock in near-term weakness shortly after the sale execution. This sale occurs at a valuation of P/E 27.57, and with the company reporting $858.5M in quarterly revenue and 3.7% annual growth, context suggests the insider's historical execution pattern warrants attention.