12 Large-Cap Stocks Insiders Were Buying in Q1 2025 Before Trump’s Tariff Shockwave

8. Simon Property Group, Inc. (NYSE:SPG)

Market cap: $57.78 billion

Simon Property Group, a top real estate investment trust (REIT) based in Indianapolis, focuses on owning and managing high-traffic shopping, dining, entertainment, and mixed-use properties. Its portfolio includes major tenants like Apple and Nike, and the company has adapted to retail trends by partnering with e-commerce brands such as Amazon to repurpose some spaces as distribution centers.

As of December 31, 2024, Simon held ownership stakes in 229 properties totaling 183 million square feet across North America, Europe, and Asia. The company also maintained an 88% ownership in The Taubman Realty Group, which operates 22 regional and outlet malls in the U.S. and Asia. Additionally, Simon held a 22.4% stake in Klepierre, a Paris-based, publicly traded real estate firm with shopping centers across 14 European countries.

In 2024, Simon reported net income of $2.37 billion, or $7.26 per diluted share, slightly up from $2.28 billion in 2023. This included gains from the sale of its remaining stake in Authentic Brands Group and the JCPenney-SPARC merger. Additionally, the company saw a 4.7% increase in domestic property net operating income.

In a recent development, Simon announced the opening of Jakarta Premium Outlets, its first in Indonesia. The new location offers over 302,000 square feet of retail space and marks the eighth country to host a Premium Outlet by Simon.

During the first quarter, 11 insiders bought a total of around $414,625 worth of Simon Property shares at a price of $164.80 per share. The stock currently trades at $153.28 per share, having lost 10.99% year-to-date. However, over the past 12 months, Simon stock returned 7.33% to its investors.

Simon Group is also one of the 10 stocks with the most insider purchases in the last quarter of 2024.