Public Storage Shares Drop 0.71% Amid 104.78% Volume Surge Ranked 410th as Director Buys Stake

On August 11, 2025, Public Storage (PSA) closed with a 0.71% decline, marking a daily trading volume of $250 million—a 104.78% increase from the previous day. The stock ranked 410th in trading activity across the market. This follows insider activity reported earlier in the week when Luke Petherbridge, a Public Storage director, acquired 700 shares at $284.25 per share, totaling $198,975. The transaction elevated Petherbridge’s direct ownership to 700 shares, representing his total stake in the company. Insider trading data over the past year indicates one purchase and two sales, with Petherbridge’s recent acquisition being the sole buy. The stock’s price-earnings ratio of 30.59 exceeds both the industry median of 15.24 and its historical median, suggesting valuation divergence.

Analysts note that the director’s purchase could signal confidence in the company’s long-term strategy, though the stock’s elevated valuation metrics remain a point of scrutiny. Public Storage, a leading self-storage REIT, operates a network of facilities across the U.S. The transaction occurred at a price below its GuruFocus intrinsic value estimate of $312.20, implying a modest discount. However, the stock’s performance relative to broader market benchmarks remains under pressure, as evidenced by its recent decline despite increased liquidity.

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