On September 16, 2024, Marguerite Nader, President and Chief Executive Officer of Equity Lifestyle Properties Inc (ELS, Financial), executed a sale of 33,000 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this transaction, the insider now owns 260,936 shares of Equity Lifestyle Properties Inc.
Equity Lifestyle Properties Inc (ELS, Financial) is a real estate investment trust (REIT) that owns and operates lifestyle-oriented properties consisting of manufactured home communities and recreational vehicle resorts. The company focuses on building communities in desirable locations that offer a variety of amenities and activities.
Over the past year, the insider transaction history at Equity Lifestyle Properties Inc shows a total of 2 insider sells, including the recent transaction by the insider. There have been no insider buys recorded in the same timeframe.
On the date of the insider's recent sale, shares of Equity Lifestyle Properties Inc were trading at $75.52. This pricing gives the company a market cap of approximately $13.89 billion. The price-earnings ratio of the stock stands at 38.98, which is above the industry median of 17.075.
The stock is considered Fairly Valued according to the GF Value, with a price-to-GF-Value ratio of 1.05. The GF Value is a proprietary measure used to determine the fair value of a stock, taking into account historical trading multiples, an adjustment factor based on past performance, and future business projections.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels in the company's future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
