Stefan Selig Acquires Shares in Simon Property Group

Stefan Selig, an insider at Simon Property Group, Inc. (NYSE:SPG), recently purchased 220 shares of the company. The transaction, which took place on June 30, 2026, was executed at an average price of $223.27 per share, amounting to a total value of $49,119.51. This insider buy was not part of a pre-planned trading program.

Other Institutional Activity in Simon Property Group

In recent institutional activity, BlackRock, Inc. reduced its holdings in Simon Property Group by 443,741 shares, bringing its total to 36,813,649 shares valued at approximately $6.87 billion, a 1.2% decrease. Conversely, Vanguard Portfolio Management LLC opened a new position with 23,098,132 shares valued at about $4.31 billion. State Street Corp also trimmed its stake by 554,345 shares, ending with 20,931,309 shares worth $3.90 billion, reflecting a 2.6% decrease. Meanwhile, Geode Capital Management, LLC increased its holdings by 253,036 shares to a total of 10,825,713 shares, valued at $2.01 billion, marking a 2.4% increase. Wellington Management Group LLP also boosted its stake by 1,207,755 shares, now holding 9,147,616 shares worth around $1.71 billion, which is a 15.2% increase.

Simon Property Group, Inc. Stock Up 4.2%

Shares of Simon Property Group (NYSE:SPG) traded near $223.65 on Wednesday. The company boasts a market capitalization of approximately $72.53 billion and a P/E ratio of 15.55. It has a 52-week low of $159.33 and a high of $228.58. The stock's 50-day moving average stands at $207.52, while the 200-day moving average is $191.79. Simon Property Group maintains a current ratio of 0.196 and a quick ratio of 0.195, with a debt-to-equity ratio of 457.47.

Recent Earnings

Simon Property Group reported revenue of about $6.65 billion, with a revenue growth rate of 19.3%. The company achieved a net margin of 70.59% and a return on equity of 113.59%. Its earnings per share stood at $14.38. The next earnings release is scheduled for August 3, 2026.

Dividend

Simon Property Group pays an annual dividend rate of $8.80, yielding 3.93% with a dividend payout ratio of 60.15%.

Insider Buying and Selling at Simon Property Group, Inc.

On June 30, 2026, several insiders at Simon Property Group made purchases. Nina Jones acquired 43 shares at $223.16 each, Martin Cicco bought 15 shares at $223.17, and Larry Glasscock purchased 397 shares at $223.38. Additionally, Marta Stewart added 182 shares at $223.16, Peggy Roe bought 89 shares at $223.15, and Daniel Smith acquired 372 shares at $223.31. These transactions were not part of any planned trading programs.

Analysts Set New Price Targets

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

About Simon Property Group

Simon Property Group, Inc., headquartered in Indianapolis, Indiana, is a leading real estate investment trust (REIT) specializing in retail properties. It owns, develops, and manages high-end shopping malls, Premium Outlets, The Mills, and international properties. The company has interests in 229 properties across North America, Asia, and Europe, and holds a significant stake in The Taubman Realty Group and Klepierre, a European real estate firm. Simon Property Group was founded in 1960.

Bottom Line

Stefan Selig's recent purchase of Simon Property Group shares is a notable insider transaction. Investors often watch insider activity for potential insights into a company's prospects. It's important to remember that insider transactions are one of many factors to consider when evaluating a stock's potential. As with any 13F filing, these insights reflect past actions and may not indicate current positions.