Rep. Kevin Hern Sells Off Shares of Smartstop Self Storage REIT Inc (NYSE:SMA)

Key Points

• Rep. Kevin Hern sold between $500,001 and $1,000,000 of Smartstop Self Storage REIT (NYSE:SMA) shares on March 18 through the HERN FAMILY REVOCABLE TRUST account.
• Smartstop shares traded around $31.56 and the company, with a market cap of $1.75 billion, reported a quarterly EPS of $0.05 vs. $0.54 consensus (a miss) despite revenue rising 29.5% year-over-year and set FY2026 guidance of 1.930–2.050 EPS.
• Analysts are mixed but the stock has an average rating of Moderate Buy and a consensus price target of $37.55 after several firms trimmed price objectives and ratings.

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Smartstop Self Storage REIT Inc NYSE: SMA. In a filing disclosed on April 03rd, the Representative disclosed that they had sold between $500,001 and $1,000,000 in Smartstop Self Storage REIT stock on March 18th. The trade occurred in the Representative's "HERN FAMILY REVOCABLE TRUST" account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Exact Sciences NASDAQ: EXAS on 3/24/2026.
• Sold $50,001 - $100,000 in shares of Prologis NYSE: PLD on 3/20/2026.
• Sold $15,001 - $50,000 in shares of T. Rowe Price Group NASDAQ: TROW on 3/20/2026.
• Sold $15,001 - $50,000 in shares of Medtronic NYSE: MDT on 3/20/2026.
• Sold $500,001 - $1,000,000 in shares of Texas Instruments NASDAQ: TXN on 3/18/2026.
• Sold $50,001 - $100,000 in shares of BlackRock MuniAssets Fund NYSE: MUA on 3/17/2026.
• Sold $15,001 - $50,000 in shares of Cognizant Technology Solutions NASDAQ: CTSH on 3/17/2026.
• Sold $15,001 - $50,000 in shares of Invesco NYSE: IVZ on 3/17/2026.
• Sold $15,001 - $50,000 in shares of Becton, Dickinson and Company NYSE: BDX on 3/17/2026.
• Sold $15,001 - $50,000 in shares of Comcast NASDAQ: CMCSA on 3/17/2026.

Smartstop Self Storage REIT Price Performance

Shares of NYSE SMA traded up $0.11 during midday trading on Thursday, hitting $31.56. 63,458 shares of the company's stock were exchanged, compared to its average volume of 922,852. Smartstop Self Storage REIT Inc has a 12-month low of $29.42 and a 12-month high of $39.77. The company has a current ratio of 5.87, a quick ratio of 5.87 and a debt-to-equity ratio of 0.86. The company has a market cap of $1.75 billion and a price-to-earnings ratio of -85.29. The business's fifty day moving average price is $15,947.00 and its two-hundred day moving average price is $15,348.21.

Smartstop Self Storage REIT (NYSE:SMA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The healthcare company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.49). Smartstop Self Storage REIT had a negative return on equity of 0.16% and a negative net margin of 0.59%.The business had revenue of $78.45 million for the quarter. The firm's revenue for the quarter was up 29.5% on a year-over-year basis. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.930-2.050 EPS.

Institutional Trading of Smartstop Self Storage REIT

Hedge funds have recently bought and sold shares of the company. Castleview Partners LLC bought a new stake in Smartstop Self Storage REIT in the 3rd quarter worth approximately $554,000. Hudson Bay Capital Management LP bought a new stake in Smartstop Self Storage REIT in the 2nd quarter worth approximately $18,202,000. Maverick Capital Ltd. bought a new stake in Smartstop Self Storage REIT in the second quarter valued at approximately $5,867,000. Soros Fund Management LLC bought a new stake in Smartstop Self Storage REIT in the second quarter valued at approximately $11,899,000. Finally, FJ Capital Management LLC bought a new stake in Smartstop Self Storage REIT in the second quarter valued at approximately $758,000.

Wall Street Analyst Weigh In

SMA has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on Smartstop Self Storage REIT from $35.00 to $32.00 and set an "underweight" rating for the company in a report on Monday, March 23rd. Truist Financial cut their price objective on Smartstop Self Storage REIT from $39.00 to $38.00 and set a "buy" rating for the company in a report on Tuesday, January 20th. Wells Fargo & Company lowered Smartstop Self Storage REIT from an "overweight" rating to an "equal weight" rating and cut their price objective for the stock from $41.00 to $33.00 in a report on Thursday, February 5th. Stifel Nicolaus cut their price objective on Smartstop Self Storage REIT from $39.50 to $38.50 and set a "buy" rating for the company in a report on Thursday, February 26th. Finally, Robert W. Baird cut their price objective on Smartstop Self Storage REIT from $37.00 to $36.00 and set an "outperform" rating for the company in a report on Wednesday, March 11th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $37.55.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma's 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027. Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma's 1st Congressional District. He declared candidacy for the 2026 election. Kevin Hern went into business as a McDonald's franchisee in 1999. He acquired 10 McDonald's franchises by 2012. He served on the McDonald's National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Smartstop Self Storage REIT

Symmetry Medical Inc (Symmetry) is a medical device solutions company, including surgical instruments, orthopedic implants, and sterilization cases and trays. The Company designs, develops and offers worldwide production and supply chain capabilities for these products to customers in the orthopedic industry, and other medical device markets (including but not limited to arthroscopy, dental, laparoscopy, osteobiologic, and endoscopy segments). It also manufactures specialized non-healthcare products, primarily in the aerospace industry.

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