We recently published a list of 12 Most Expensive Stocks Insiders Are Buying After Trump’s Tariff Rollout. In this article, we are going to take a look at where SmartStop Self Storage REIT, Inc. (NYSE:SMA) stands against other most expensive stocks insiders are buying after Trump’s tariff rollout.
Wall Street banks have sharply cut their targets for the broader market index due to growing fears about the economic fallout from new tariffs, writes the Financial Times. Since the tariff announcement on April 2, the broader market index has dropped nearly 7%. Major banks now expect lower market gains in 2025, with some analysts predicting a possible bear market directly triggered by presidential policy shifts.
Amid tariff wars and market uncertainty, insider trading often draws attention. Insider stock purchases may signal executive confidence, while sales aren’t necessarily negative—they could reflect personal or diversification choices. It’s best to view insider trading in context with a company’s financials and market conditions.
Our Methodology
Today, we’re highlighting most expensive stocks that insiders have been buying in April. Using Insider Monkey’s trading screener, we looked for companies with share prices of at least $30 and insider purchases between April 2 and April 21. From there, we ranked the top 12 stocks based on the highest average purchase price per share.
Stocks that were recently covered were excluded from this list. Most of those can be seen on this list of the 19 mid- and large-cap stocks insiders are buying after Trump’s tariff rollout.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
SmartStop Self Storage REIT, Inc. (NYSE:SMA)
SmartStop Self Storage REIT, Inc. (NYSE:SMA) is a self-managed real estate investment trust (REIT) focused on growing its self-storage brand. It is a technology-driven, self-managed REIT with a team of around 570 self-storage professionals. It is one of the largest self-storage companies in North America, with a growing portfolio in Canada and expanding presence in high-growth U.S. markets.
In April, during the company’s initial public offering, six insiders, including the company’s CEO, CIO, and COO, acquired a total of $945,000 worth of SmartStop Self Storage shares at a price of $30 per share. Currently, the stock is trading at $33.94 per share.
On April 17, SmartStop Self Storage (NYSE:SMA) announced that it had met the conditions for terminating the security interest on its Credit Facility and 2032 Private Placement Notes, making both facilities unsecured. This resulted in a 25 basis point reduction in the credit spread pricing grid for Revolving Commitments and a 5 basis point reduction in unused fees. The company also elected to reduce its Credit Facility’s Revolving Commitments by $100 million, bringing the total to $600 million.
In other recent developments, SmartStop Self Storage (NYSE:SMA) has acquired its 40th Canadian location in Kelowna, British Columbia. The new state-of-the-art, five-story facility at 948 Ellis Street offers approximately 74,000 rentable square feet and 800 climate-controlled units. Located in a growing area with a projected 10% population growth over the next five years, the facility is designed for maximum accessibility and visibility, meeting strong demand for quality self-storage.
Overall, SMA ranks 12th on our list of most expensive stocks insiders are buying after Trump’s tariff rollout. While we acknowledge the potential of SMA, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SMA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.