T. Rowe Price Group Inc.’s recently made public that its Principal Accounting Officer Hiebler Jessica M unloaded Company’s shares for reported $0.16 million on Jun 27 ’24. In the deal valued at $115.85 per share,1,401 shares were sold. As a result of this transaction, Hiebler Jessica M now holds 14,198 shares worth roughly $1.48 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Sawyer Dorothy C sold 2,000 shares, generating $234,000 in total proceeds. Upon selling the shares at $117.00, the VP now owns 34,710 shares.
Before that, MacLellan Robert F. sold 3,043 shares. T. Rowe Price Group Inc. shares valued at $344,102 were divested by the Director at a price of $113.08 per share. As a result of the transaction, MacLellan Robert F. now holds 34,635 shares, worth roughly $3.62 million.
Barclays initiated its T. Rowe Price Group Inc. [TROW] rating to an Underweight in a research note published on August 27, 2024; the price target was $99. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in mid April from “an Underperform” to “a Mkt perform”. TD Cowen also remained covering TROW and has increased its forecast on April 08, 2024 with a “Hold” recommendation from previously “Sell” rating. Wells Fargo revised its rating on January 08, 2024. It rated TROW as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of TROW
On Tuesday, T. Rowe Price Group Inc. [NASDAQ:TROW] saw its stock fall -1.47% to $104.48. Over the last five days, the stock has lost -4.39%. T. Rowe Price Group Inc. shares have fallen nearly -2.98% since the year began. Nevertheless, the stocks have fallen -6.91% over the past one year. While a 52-week high of $122.27 was reached on 03/28/24, a 52-week low of $87.43 was recorded on 08/05/24. SMA at 50 days reached $111.70, while 200 days put it at $111.14.
Levels Of Support And Resistance For TROW Stock
The 24-hour chart illustrates a support level at 103.70, which if violated will result in even more drops to 102.92. On the upside, there is a resistance level at 105.67. A further resistance level may holdings at 106.86. The Relative Strength Index (RSI) on the 14-day chart is 37.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.77%. Stochastics %K at 18.23% indicates the stock is a buying.
How much short interest is there in T. Rowe Price Group Inc.?
A steep rise in short interest was recorded in T. Rowe Price Group Inc. stocks on 2024-08-15, growing by 0.64 million shares to a total of 9.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 8.72 million shares. There was a rise of 6.87%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 04, 2024 when TD Cowen began covering the stock and recommended ‘”an Underperform”‘ rating along with a $88 price target.
