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Insider Trends: 90-Day Insider Selling Trend Added to at Life Storage

05/10/2021 12:10

04:09 PM EDT, 05/10/2021 (MT Newswires) -- Andrew J Gregoire, CFO, sold 5,000 shares in Life Storage (LSI) on May 07, 2021, for $477,750. Gregoire, after the transactions delineated in the SEC Form 4 filing, owns 101,293 shares of the company, which have a market value of $9.72 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 2 insider transactions reported to the SEC for Life Storage. These transactions came from the activities of 2 different insiders that resulted in a net disposition of 5,656 company shares. This compares with the preceding 90-day window of time where there were 8 transactions from 4 insiders and resulted in the net acquisition of 43,798 shares.

This is lower than the average level of insider transactions in the 6-company Self-Storage REITs peer group over the last 90-day period. Within the peer group activity averaged 112.3 transactions per company, with company insiders acquiring on average 387,137 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/944314/000154339621000010/xslF345X03/primary_doc.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.