Randall Lewis Buys Shares of Simon Property Group

Randall Lewis recently made a move to increase his stake in Simon Property Group, Inc. (NYSE:SPG). On June 30, 2026, Lewis bought 62 shares at an average price of $223.16 each. This purchase was valued at $13,836.16 and was not part of a pre-planned trading scheme.

Insider Buying and Selling at Simon Property Group, Inc.

In addition to Randall Lewis, several other insiders made purchases on June 30, 2026. Nina Jones acquired 43 shares at $223.16 each, while Martin Cicco bought 15 shares at $223.17. Larry Glasscock purchased 397 shares at $223.38, and Marta Stewart added 182 shares at $223.16. Daniel Smith and Gary Rodkin also bought 372 and 256 shares, respectively, each at slightly different prices.

Simon Property Group, Inc. Stock Up 4.2%

Shares of Simon Property Group traded near $223.65 on Wednesday. The company, a leader in the retail real estate sector, boasts a market capitalization of approximately $72.53 billion. It has a P/E ratio of 15.55 and a forward P/E of 33.18. The stock's 52-week range spans from $159.33 to $228.58, with a 50-day moving average of $207.52 and a 200-day moving average of $191.79. Despite a low current ratio of 0.196, the company's beta of 1.346 suggests moderate volatility.

Other Institutional Activity in Simon Property Group

Among institutional investors, BlackRock, Inc. trimmed its holdings in Simon Property Group by 443,741 shares, leaving it with 36,813,649 shares valued at about $6.87 billion. Vanguard Portfolio Management LLC initiated a new position, acquiring 23,098,132 shares worth approximately $4.31 billion. State Street Corp reduced its stake by 554,345 shares, ending with 20,931,309 shares valued at $3.90 billion. Geode Capital Management, LLC increased its holdings by 253,036 shares, bringing its total to 10,825,713 shares worth roughly $2.01 billion. Wellington Management Group LLP added 1,207,755 shares, increasing its position by 15.2% to 9,147,616 shares valued at $1.71 billion.

Recent Earnings

Simon Property Group reported revenue of $6.65 billion, reflecting a growth rate of 19.3%. The company's net margin stood at 70.59%, with a return on equity of 113.59%. Earnings per share were $14.38. The next earnings report is expected on August 3, 2026.

Dividend

Simon Property Group offers an annual dividend rate of $8.80, yielding 3.93%. The dividend payout ratio is 60.15%.

Analysts Set New Price Targets

On June 29, 2026, B of A Securities maintained its buy rating on Simon Property Group, setting a price target of $236. Barclays, on June 25, reiterated its hold rating with a $213 target. Truist Securities also maintained a hold rating with a $215 target on June 23. The consensus among analysts is a buy, with a mean target price of $218.75 based on 20 opinions.

About Simon Property Group

Simon Property Group, Inc., headquartered in Indianapolis, Indiana, is a leading real estate investment trust (REIT) focusing on retail properties. The company owns, develops, and manages shopping centers, including malls and outlets, across North America, Asia, and Europe. Simon's portfolio includes interests in 229 properties, encompassing 183 million square feet globally. The firm also holds an 88% stake in The Taubman Realty Group and a 22.4% interest in Klepierre, a European shopping center operator.

Bottom Line

Randall Lewis's recent purchase of Simon Property Group shares highlights ongoing insider interest in the company. Investors often watch insider transactions as potential indicators of future performance. However, it's important to remember that 13F filings and insider trades are historical and may not reflect current positions.