Simon Property (SPG) Insider Larry Glasscock Buys $89K of Stock

Larry Glasscock bought 397 shares of Simon Property Group, Inc. (NYSE: SPG) on June 30, 2026, for about $88,682.18, paying an average price of $223.38 per share. This transaction highlights growing confidence among insiders in the retail real estate investment trust, which has seen multiple executives making purchases around the same time.

Inside Larry Glasscock's Trade

Glasscock's recent purchase adds to the trend of insider buying at Simon Property Group, where several executives have also increased their stakes on the same day. Notably, other insiders such as Stefan Selig and Reuben Leibowitz also made purchases on June 30, signaling a collective commitment to the company's future.

Other Institutional Activity in Simon Property Group

Among other significant institutional movements, Blackrock Inc. grew its stake by 456,478 shares, bringing its total to about 37.3 million shares valued at roughly $7.63 billion. Vanguard Portfolio Management LLC also added 4.78 million shares, lifting its holdings to nearly 27.9 million shares worth about $5.71 billion. Conversely, State Street Corporation reduced its position by 575,636 shares, leaving it with approximately 20.4 million shares valued at about $4.17 billion.

Simon Property Group, Inc. Stock Up 8.9%

On the publication date, Simon Property Group shares were trading at $223.65, which is a slight increase from the price paid by Glasscock. The stock is currently positioned well, trading near its 52-week high of $238.50. The company's P/E ratio stands at 14.47, reflecting its profitability in the retail real estate sector.

Recent Earnings

In its most recent earnings report, Simon Property Group reported a revenue of approximately $6.94 billion, showing a revenue growth of 19.5%. The net profit margin was recorded at about 66.57%, and the next earnings date is set for November 2, 2026.

Insider Buying and Selling at Simon Property Group, Inc.

Other insiders have also been active recently. On the same date as Glasscock's purchase, Stefan Selig acquired 220 shares at an average price of $223.27, totaling about $49,119.51. Reuben Leibowitz bought 508 shares for approximately $113,475.31, while Peggy Roe purchased 89 shares worth about $19,860.75. Marta Stewart added 182 shares, spending around $40,614.30. All these transactions were executed on June 30, 2026.

Analysts Set New Price Targets

On October 12, 2026, Piper Sandler maintained an Overweight rating for Simon Property Group with a price target of $254.00, slightly down from a previous target of $285.00. Other firms like UBS, Barclays, and Evercore ISI Group have also maintained their ratings, with the consensus recommendation being a "buy" with a mean price target of about $234.83 derived from 18 analyst opinions.

About Simon Property Group

Simon Property Group, headquartered in Indianapolis, IN, is a leading real estate investment trust (REIT) specializing in retail properties. The firm operates a diverse portfolio of shopping centers and malls across the United States, making it a key player in the retail real estate market.

Bottom Line

Simon Property Group continues to see strong insider buying and institutional interest, with the next earnings report on November 2, 2026, potentially shedding more light on its performance. The recent trades reflect a broader confidence among insiders in the company's prospects, as seen in this latest Form 4 filing.