David Mueller Buys Shares in SmartStop Self Storage REIT

David Mueller, an insider at SmartStop Self Storage REIT, Inc. (NYSE:SMA), bought 3,230 shares of the company on June 23, 2026. This transaction was not planned under a Rule 10b5-1 plan and adds to his holdings in the real estate investment trust.

Other Institutional Activity in SmartStop Self Storage REIT

Several institutional investors have been active in SmartStop Self Storage REIT. BlackRock, Inc. boosted its holdings by 1,672,088 shares, bringing its total to 5,142,310 shares valued at approximately $155.7 million, marking a 48.2% increase. Goldman Sachs Group Inc. also increased its stake significantly, adding 2,632,031 shares to hold 3,427,727 shares worth around $103.8 million, reflecting a 330.8% increase. Vanguard Portfolio Management LLC opened a new position with 2,787,652 shares valued at about $84.4 million. Meanwhile, Principal Financial Group Inc. increased its holdings by 528,974 shares, totaling 2,596,133 shares worth roughly $78.6 million, a 25.6% rise. In contrast, Prudential Financial Inc. reduced its stake by 598,369 shares, ending with 2,353,036 shares valued at $71.2 million, a decrease of 20.3%.

SmartStop Self Storage REIT, Inc. Stock Down 0.2%

Shares of SmartStop Self Storage REIT, Inc. (NYSE:SMA) traded near $32.85 on Friday. The company has a market cap of approximately $1.79 billion and a P/E ratio of 101.2. Its stock has ranged from a 52-week low of $29.41 to a high of $39.77. The 50-day moving average is $31.65, and the 200-day moving average is $33.06. The company holds a current ratio of 0.305 and a quick ratio of 0.266, with a debt-to-equity ratio of 86.16.

Recent Earnings

In the most recent quarter, SmartStop Self Storage REIT reported revenue of $276.1 million, reflecting a growth of 13.1%. The company achieved a net margin of 4.7% and a return on equity of 1.5%. Earnings per share stood at $0.32. The next earnings report is expected on August 5, 2026.

Dividend

SmartStop Self Storage REIT offers an annual dividend rate of $1.60, resulting in a dividend yield of 4.9%. The dividend payout ratio is a modest 5.0%.

Insider Buying and Selling at SmartStop Self Storage REIT, Inc.

Several insiders, including David Mueller, Morris Timothy, Perry Harold, and Lora Gotcheva, each purchased shares on June 23, 2026. Mueller, in particular, bought 3,230 shares. Earlier, on June 16, 2026, Mueller sold 425 shares at an average price of $32.44 as part of a planned transaction.

Analysts Set New Price Targets

On June 1, 2026, Wells Fargo maintained its 'hold' rating on SmartStop Self Storage REIT with a price target of $32.0. Earlier in the year, Freedom Broker initiated coverage with a 'buy' rating and a target of $41.0. The consensus among analysts is a 'buy' recommendation, with an average price target of $36.1 based on 10 analyst opinions.

About SmartStop Self Storage REIT

SmartStop Self Storage REIT, Inc., headquartered in Ladera Ranch, California, is a self-managed real estate investment trust specializing in storage facilities. Led by CEO H. Michael Schwartz, the company operates over 460 properties across the U.S. and Canada. It offers third-party management services and has a workforce of more than 1,000 employees.

Bottom Line

David Mueller's recent purchase of shares in SmartStop Self Storage REIT reflects ongoing insider interest in the company. Institutional investors like BlackRock and Goldman Sachs have also increased their stakes significantly. While the P/E ratio suggests a high valuation, the company's growth and dividend yield continue to attract attention. As always, remember that insider transactions are backward-looking and may not reflect future intentions.