In a filing, T. Rowe Price Group Inc revealed its Principal Accounting Officer Hiebler Jessica M unloaded Company’s shares for reported $0.13 million on Feb 14 ’25. In the deal valued at $107.87 per share,1,177 shares were sold. As a result of this transaction, Hiebler Jessica M now holds 14,356 shares worth roughly $1.34 million.
Then, JESSICA HIEBLER bought 1,177 shares, generating $126,965 in total proceeds.
Before that, ANDREW J THOMSON bought 13,530 shares. T. Rowe Price Group Inc shares valued at $1,439,032 were divested by the Officer at a price of $106.36 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 -0.75% to $93.60. Over the last five days, the stock has lost -2.80%. T. Rowe Price Group Inc shares have fallen nearly -17.23% since the year began. Nevertheless, the stocks have fallen -18.54% over the past one year. While a 52-week high of $125.81 was reached on 01/31/25, a 52-week low of $91.37 was recorded on 03/14/25. SMA at 50 days reached $107.66, while 200 days put it at $111.92.
Levels Of Support And Resistance For TROW Stock
The 24-hour chart illustrates a support level at 92.88, which if violated will result in even more drops to 92.15. On the upside, there is a resistance level at 94.37. A further resistance level may holdings at 95.13. The Relative Strength Index (RSI) on the 14-day chart is 28.51, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.68%. Stochastics %K at 14.56% 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 2025-02-28, dropping by -1.09 million shares to a total of 9.01 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.1 million shares. There was a decline of -12.11%, which implies that there is a negative sentiment for the stock.
