T. Rowe Price Group Inc’s recently made public that its Officer ARIF HUSAIN acquired Company’s shares for reported $0.45 million on Feb 11 ’25. In the deal valued at $109.27 per share,4,112 shares were bought.
Then, Thomson Andrew Justin Mackenzi sold 4,047 shares, generating $499,184 in total proceeds. Upon selling the shares at $123.35, the Vice President now owns 119,577 shares.
Before that, Thomson Andrew Justin Mackenzi bought 4,047 shares. T. Rowe Price Group Inc shares valued at $500,074 were divested by the Officer at a price of $123.57 per share.
Wells Fargo initiated its T. Rowe Price Group Inc [TROW] rating to an Equal weight in a research note published on September 12, 2024; the price target was $109. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in late August with a ‘”an Underweight”‘ rating. Keefe Bruyette also remained covering TROW and has increased its forecast on April 11, 2024 with a “Mkt perform” recommendation from previously “an Underperform” rating. TD Cowen revised its rating on April 08, 2024. It rated TROW as “a Hold” which previously was an “a Sell”.
Price Performance Review of TROW
On Tuesday, T. Rowe Price Group Inc [NASDAQ:TROW] saw its stock fall -0.54% to $109.03. Over the last five days, the stock has lost -5.64%. T. Rowe Price Group Inc shares have fallen nearly -3.59% since the year began. Nevertheless, the stocks have risen 0.11% over the past one year. While a 52-week high of $125.81 was reached on 01/31/25, a 52-week low of $100.49 was recorded on 01/13/25. SMA at 50 days reached $115.99, while 200 days put it at $113.34.
Levels Of Support And Resistance For TROW Stock
The 24-hour chart illustrates a support level at 108.49, which if violated will result in even more drops to 107.94. On the upside, there is a resistance level at 109.73. A further resistance level may holdings at 110.43. The Relative Strength Index (RSI) on the 14-day chart is 36.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.02%. Stochastics %K at 5.68% 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 2025-01-15, dropping by -1.23 million shares to a total of 10.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 11.96 million shares. There was a decline of -11.43%, which implies that there is a negative sentiment for the stock.
