Martin Cicco Adds to Simon Property Group, Inc. Holdings
Martin Cicco purchased 15 shares of Simon Property Group, Inc. on June 30, 2026.
Key Points
- Martin Cicco bought 15 shares of Simon Property Group, Inc. (NYSE:SPG) on June 30, 2026, at an average price of $223.17 per share.
- Shares of Simon Property Group traded near $223.65 on Wednesday, with a market cap of $72.5 billion and a P/E ratio of 15.6.
- Analysts have set a mean price target of $218.75, with recent ratings including a 'buy' from B of A Securities.
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Martin Cicco, an insider at Simon Property Group, Inc. (NYSE:SPG), recently purchased 15 shares of the company. The transaction took place on June 30, 2026, with an average purchase price of $223.17 per share, amounting to a total value of approximately $3,347. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at Simon Property Group, Inc.
Multiple insiders at Simon Property Group made purchases on June 30, 2026. Nina Jones bought 43 shares, Larry Glasscock acquired 397 shares, Marta Stewart added 182 shares, Peggy Roe purchased 89 shares, and Daniel Smith bought 372 shares. All these transactions were executed at prices around $223 per share and were not part of pre-planned trading programs.
Simon Property Group, Inc. Stock Up 4.2%
Shares of Simon Property Group traded near $223.65 on Wednesday. The company boasts a market capitalization of $72.5 billion, with a P/E ratio of 15.6. Over the past 52 weeks, the stock has ranged between $159.33 and $228.58. It has a 50-day moving average of $207.52 and a 200-day moving average of $191.79. The company has a beta of 1.35, indicating its stock price is more volatile than the market.
$SPG stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On June 29, 2026, B of A Securities maintained its 'buy' rating for Simon Property Group, setting a price target of $236. Barclays, Truist Securities, and Scotiabank have all maintained their 'hold' ratings with price targets of $213, $215, and $220, respectively. The consensus among 20 analysts is a 'buy', with a mean price target of $218.75.
About Simon Property Group, Inc.
Simon Property Group, Inc. is a real estate investment trust (REIT) based in Indianapolis, Indiana. The company develops and manages retail properties, including malls and outlets across North America, Asia, and Europe. Simon Property Group owns or has interests in 229 properties totaling 183 million square feet. It also holds an 88% interest in The Taubman Realty Group and a 22.4% stake in Klepierre, a European shopping center operator. The company is led by CEO Mr. Eli M. Simon and employs approximately 3,100 people.
Bottom Line
The recent insider buying activity at Simon Property Group, Inc. reflects a pattern of investment by its executives. Investors often watch insider transactions for signals about the company's prospects, though these trades are not necessarily indicative of future performance. With a substantial market cap and a robust portfolio of properties, Simon Property Group remains a significant player in the real estate sector.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
