Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Principal Financial Group Inc shares valued at $1,175,597 were purchased by WEE YEE CHEONG on Feb 27 ’25. At $87.29 per share, WEE YEE CHEONG acquired 13,468 shares.
Also, WEE YEE CHEONG purchased 800 shares, netting a total of over 69,612 in proceeds.
Before that, DEANNA STRABLE-SOETHOUT had added 21,780 shares to its account. In a trade valued at $1,717,135, the Officer bought Principal Financial Group Inc shares for $78.84 each.
As published in their initiating research note from BMO Capital Markets on January 23, 2025, Principal Financial Group Inc [PFG] has been a Market perform and the price target has been revised to $93. Analysts at JP Morgan upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in early January. As of December 18, 2024, Piper Sandler has increased its “Neutral” rating to a “an Overweight” for PFG. Earlier on December 11, 2024, Wells Fargo downgraded its rating. Their new recommendation was “an Underweight” for PFG stock which previously was a “an Equal weight”.
Analyzing PFG Stock Performance
During the last five days, there has been a drop of approximately -1.24%. Over the course of the year, Principal Financial Group Inc shares have dropped approximately -4.31%. Shares of the company reached a 52-week high of $90.31 on 03/03/25 and a 52-week low of $68.39 on 04/09/25. A 50-day SMA is recorded $80.33, while a 200-day SMA reached $81.91.
Support And Resistance Levels for Principal Financial Group Inc (PFG)
According to the 24-hour chart, there is a support level at 73.50, which, if violated, would cause prices to drop to 72.94. In the upper region, resistance lies at 74.70. The next price resistance is at 75.34. RSI (Relative Strength Index) is 44.96 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.04, which suggests the price will increase in the coming days. Percent R is at 32.54%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
