There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on September 14, National Storage Affiliates Trust's Director, Chad Leroy Meisinger, invested $268,000.00 into 10,000 shares of NSA, for a cost per share of $26.80. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. In trading on Wednesday, bargain hunters could buy shares of National Storage Affiliates Trust (Symbol: NSA) and achieve a cost basis 1.8% cheaper than Meisinger, with shares changing hands as low as $26.33 per share. National Storage Affiliates Trust shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of NSA shares, versus its 200 day moving average:
Looking at the chart above, NSA's low point in its 52 week range is $23.10 per share, with $32.28 as the 52 week high point - that compares with a last trade of $26.45. By comparison, below is a table showing the prices at which NSA insider buying was recorded over the last six months:
Chad Leroy Meisinger
The current annualized dividend paid by National Storage Affiliates Trust is $1.16/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 09/13/2018. Below is a long-term dividend history chart for NSA, which can be of good help in judging whether the most recent dividend with approx. 4.4% annualized yield is likely to continue.