Simon Property (SPG) Insider Martin Cicco Buys $3.3K of Stock
Insider Martin Cicco bought 15 shares of Simon Property Group, Inc. (NYSE:SPG) on June 30, 2026, joining several colleagues purchasing stock that day.
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Martin Cicco bought 15 shares of Simon Property Group, Inc. ($SPG) at an average price of $223.17, worth about $3,347.56, on June 30, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $SPG is up 1.6% after 1 week, up 3.0% after 1 month and down 7.2% to date (from the $221.28 close on Jun 30, 2026).
Key Points
- Martin Cicco acquired 15 shares of Simon Property Group, Inc. (NYSE:SPG) on June 30, 2026, at an average price of $223.17.
- The purchase was part of a broader wave of insider buying on June 30, 2026, alongside executives like Stefan Selig, Reuben Leibowitz, and Peggy Roe.
- Simon Property Group trades with a forward P/E of 30.16 and an annual dividend yield of 4.33% ahead of its next earnings report.
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Martin Cicco Expands Stake in Simon Property Group
Simon Property Group, Inc. (NYSE:SPG) saw additional internal buying when insider Martin Cicco purchased 15 shares on June 30, 2026. The transaction took place at an average price of $223.17 per share, resulting in a total value of $3,347.56. This purchase occurred alongside a group of other company insiders acquiring shares on the same date.
Group Insider Buying Activity
The late-June purchasing wave included several other company figures picking up shares on June 30, 2026. Stefan Selig acquired 220 shares at an average price of $223.27 for a total of $49,119.51. Reuben Leibowitz bought 508 shares at $223.38 per share, valued at $113,475.31. Peggy Roe picked up 89 shares at $223.15 each, totaling $19,860.75. Marta Stewart purchased 182 shares at $223.16 for $40,614.30, while Larry Glasscock added 397 shares at $223.38 worth $88,682.18, and Glyn Aeppel bought 243 shares at $223.36 totaling $54,275.39.
Stock Price and Valuation Context
The retail real estate investment trust trades near the upper end of its 52-week range, which spans from a low of $172.19 to a high of $238.50. The shares change hands well above their 200-day moving average of $202.89. The company has a trailing P/E ratio of 14.47 and carries a forward P/E ratio of 30.16.
Recent Earnings Performance
For its financial background, the real estate operator reported $6.94 billion in revenue over the tracking period, reflecting a 19.5% growth rate. The firm achieved an earnings per share figure of $14.17 alongside a net profit margin of 66.57% and a return on equity of 1.21%.
Dividend Payouts
Investors receive an annual dividend rate of $8.90 per share, which translates to a 4.33% yield based on current share levels. This distribution uses 62.1% of earnings as defined by the payout ratio.
Analysts Set New Price Targets
Wall Street firms maintain varied outlooks on the retail REIT. On October 12, 2026, Piper Sandler kept an Overweight rating while adjusting its price target to $254.00 from $285.00. UBS maintained a Neutral stance on October 9, 2026, moving its target to $205.00 from $222.00. Barclays held an Equal-Weight rating on September 28, 2026, with a target of $208.00. Across 18 analyst opinions, the stock holds a consensus buy recommendation with a mean target price of $234.83.
Company Background
Simon Property Group operates as a self-administered real estate investment trust focusing on premier shopping, dining, and mixed-use destinations across North America, Asia, and Europe. The Indianapolis-based company manages properties including malls, Premium Outlets, and The Mills.
What to Watch at Simon Property Group, Inc.
Investors will look ahead to the company's next earnings report, scheduled for November 2, 2026, to check on tenant sales and portfolio metrics. Insider transactions continue to offer insight into how leadership views the business valuation over time.
Source: Martin Cicco's Form 4 filing on $SPG (Jun 30, 2026). Find the original filing: SPG Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts