Simon Property (SPG) Insider Gary Rodkin Buys $57K of Stock

Insider Buying and Selling at Simon Property Group, Inc.

Gary Rodkin, an insider at Simon Property Group, Inc. (NYSE: SPG), bought 256 shares on June 30, 2026, for about $57,175. This purchase reflects his confidence in the company, especially as it was made at an average price of $223.34 per share.

Collective Insider Activity on June 30

Rodkin's purchase was part of a larger trend of insider buying at Simon Property Group on the same day. Other insiders included Stefan Selig, who bought 220 shares valued at about $49,120, and Reuben Leibowitz, who acquired 508 shares worth around $113,475. Peggy Roe, Marta Stewart, Larry Glasscock, and Martin Cicco also made purchases, contributing to a significant wave of insider buying, which could signal a positive outlook for the company.

Stock Performance and Market Context

Shares of Simon Property Group are currently trading at $223.65, close to their 52-week high of $238.50. The stock has recently shown strong performance, with a forward P/E ratio of 30.16. Investors may find this stock appealing given its revenue growth of 19.5% year-over-year and a solid net margin of 66.57%. The upcoming earnings report on November 2, 2026, could provide further insights into its performance.

Analysts Set New Price Targets

Analysts have maintained their views on Simon Property Group. On October 12, 2026, Piper Sandler maintained an Overweight rating with a price target of $254. UBS also kept a Neutral rating with a target of $205 on October 9, 2026. The consensus among 18 analysts suggests a generally positive outlook, with a mean price target of $234.83.

What Simon Property Group, Inc. Does

Simon Property Group, Inc. is a real estate investment trust (REIT) that owns and manages premier shopping centers and mixed-use destinations. With a strong portfolio of properties, it plays a key role in the retail real estate market.

What's Ahead for Simon Property Group, Inc.

Investors should keep an eye on Simon Property Group as it approaches its earnings report on November 2, 2026. The recent insider purchases reflect a strong belief in the company's future prospects. As always, the 13F filings provide a snapshot of insider activity but may not represent current positions.