Is Essex Property Trust (ESS) thrown away by its most expensive stock insiders in March?

Recently I published a list 20 most expensive stock insiders dumped in March. In this article, we will be introducing Essex Property Trust, Inc. (NYSE:ESS) will look at where they hold back against the other most expensive stocks that other most expensive stocks are throwing away in March.

After being in the green for several trading sessions, the broader market index slipped 0.8% on Wednesday, with blue chip companies down 0.1%. NASDAQ composites fell 1.6% early afternoon. On Tuesday, Trump provided an update on tariffs, saying it is likely to be “more tolerant than mutual,” suggesting a more relaxed approach, CNBC reported.

Uncertainty continues to affect the market as investors handle daily market development. During these periods, insider trading is often attracting attention. This is because management’s purchase of the company’s shares could suggest confidence in the company’s future. However, selling insiders does not necessarily mean a lack of faith. It can be driven by individual financial needs and desire for diversification. Executives often rely on pre-established plans, such as the 10B5-1, to maintain transparency. While insider trading can provide useful insights, it should be assessed in the context of a company’s financial health, market trends, and industry changes.

So far, what are the most expensive stocks Insider is selling this month? To investigate, I used Insider Monkey’s Insider Trading Stock Screener to focus solely on stocks that at least three insiders sold their stock in March. From there, we ranked 20 shares the highest at the average price per share during the sales period.

Our research shows that by focusing on insider trading and stock picks from hedge fund investor newsletters and meetings, it can outperform the market by mimicking the top stock picks of the best hedge funds. Quarterly Newsletter’s strategy was to select 14 small and large caps per quarter, returning 373.4% since May 2014, surpassing the benchmark by 218 percentage points (For more information, please see here).

Using each share, we focus on the average per share price of these sales and the market capitalization of the shares.

A landscaped communication tower surrounded by company base station infrastructure products.

Market Cap: $21.01 billion

Essex Property Trust, Inc. (NYSE:ESS) is a real estate investment trust (REIT) that owns and manages more than 62,000 apartment homes across the West Coast, including Southern California, the San Francisco Bay Area and Seattle. The company focuses on strategic acquisitions and development to optimize its portfolio, targeting strong employment growth and innovation in these markets. Essex is a major apartment investment option and is part of the S&P 500.