Directors Show Confidence
Simon Property Group Directors Increase Holdings Following Impressive Earnings Beat
Anonymous
Key Points
1
Randall Lewis bought 62 shares at an average price of $223.16, totaling $13,835.92, and his post-transaction stake sits at 7,018 shares valued at about $1,566,136.88 — a 0.89% increase in ownership.
2
Glyn Aeppel purchased 243 shares at $223.36 each for a total of $54,276.48, bringing his holdings to 21,067 shares valued at roughly $4,705,525.12, a 1.17% increase.
3
Daniel Smith acquired 372 shares at $223.31 apiece, for $83,071.32, expanding his holding to 34,480 shares valued at about $7,699,728.80, a 1.09% increase.
4
Stefan Selig bought 220 shares at $223.27 each, totaling $49,119.40, increasing his stake to 33,812 shares valued at $7,549,205.24, a 0.65% rise.
5
Reuben Leibowitz purchased 508 shares at $223.38, for $113,477.04, lifting his post-transaction holdings to 55,797 shares valued at $12,463,933.86, a 0.92% increase.
Five Simon Property Group directors spent a combined $313,780 buying shares of the company's stock on June 30, 2026 — the same day an analyst downgraded the stock. The purchases came roughly seven weeks after SPG reported a strong first quarter, with earnings of $1.48 per share on revenue of $1.76 billion, according to Simon Property Group Investor Relations.
The coordinated buying spree pushed shares around $222.44, well above the stock's 200-day moving average of $196.77. The largest buyer was Reuben Leibowitz, who picked up 508 shares for $113,477. Glyn Aeppel, Daniel Smith, Stefan Selig, and Randall Lewis also made purchases, according to SEC.gov Form 4 filings disclosed July 1.
Five Directors Buy Shares on the Same Day
All five directors bought shares at prices between $223.16 and $223.38 on June 30. Reuben Leibowitz led the group, adding 508 shares and lifting his total stake to 55,797 shares — now worth about $12.46 million. Daniel Smith bought 372 shares for $83,071, bringing his holding to 34,480 shares. Watchlist News reported the details of each transaction as SEC filings became public.
Glyn Aeppel added 243 shares for $54,276, raising his stake to 21,067 shares valued at roughly $4.71 million. Stefan Selig purchased 220 shares for $49,119. Randall Lewis made the smallest buy — 62 shares for $13,836 — but still holds 7,018 shares worth about $1.57 million. Ownership increases ranged from 0.65% for Selig to 1.17% for Aeppel, according to MarketBeat.
Q1 Earnings Beat Raised the Full-Year Outlook
Simon Property reported Q1 2026 results on May 11. The company earned $1.48 per share and brought in $1.76 billion in revenue. Management then raised full-year guidance to a range of $13.10 to $13.25 per share. Analyst consensus for the year sits at $13.21 EPS, according to MarketBeat.
The company's financials are striking for a real estate firm. Its net profit margin stands at 70.60%, and its return on equity — a measure of how well a company uses shareholder money — is 104.54%. SPG carries a $72.13 billion market cap and trades at a price-to-earnings ratio of 15.45, per GuruFocus.
Analyst Downgrades Stock the Same Day Insiders Buy
On June 30 — the exact day directors were buying — Wolfe Research downgraded SPG from
Sentiment
Mostly PositiveNEGATIVENEUTRALPOSITIVE
Publishers
10
Articles
27
Reach
37
A
AnonymousAuthor
