Stagwell (NASDAQ:STGW) Insider Sells 62,000 Shares of Stock

Stagwell Inc. (NASDAQ:STGW - Get Free Report) insider Frank Lanuto sold 62,000 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $8.46, for a total transaction of $524,520.00. Following the completion of the sale, the insider directly owned 491,977 shares in the company, valued at approximately $4,162,125.42. This represents a 11.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Stagwell Price Performance

Stagwell stock opened at $9.01 on Wednesday. The company has a current ratio of 0.81, a quick ratio of 0.83 and a debt-to-equity ratio of 2.11. The company has a fifty day simple moving average of $7.28 and a 200-day simple moving average of $6.46. The stock has a market cap of $2.23 billion, a P/E ratio of 150.17 and a beta of 1.25. Stagwell Inc. has a 12-month low of $4.28 and a 12-month high of $9.02.

Stagwell (NASDAQ:STGW - Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.19 by $0.06. Stagwell had a return on equity of 27.30% and a net margin of 0.53%.The firm had revenue of $786.31 million for the quarter, compared to analyst estimates of $754.56 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. Stagwell's revenue for the quarter was up 11.2% compared to the same quarter last year. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. Equities analysts expect that Stagwell Inc. will post 0.86 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth




Several equities research analysts have recently weighed in on STGW shares. Rosenblatt Securities raised their target price on Stagwell from $9.00 to $10.00 and gave the stock a "buy" rating in a research report on Tuesday. Wall Street Zen upgraded shares of Stagwell from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Zacks Research raised shares of Stagwell from a "strong sell" rating to a "hold" rating in a report on Friday, June 5th. Weiss Ratings restated a "sell (d+)" rating on shares of Stagwell in a research report on Friday. Finally, B. Riley Financial upped their target price on shares of Stagwell from $8.00 to $10.00 and gave the company a "buy" rating in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Stagwell currently has an average rating of "Moderate Buy" and a consensus price target of $9.60.

Get Our Latest Stock Analysis on Stagwell

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Stagwell by 4.6% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 21,034,577 shares of the company's stock valued at $118,425,000 after acquiring an additional 920,431 shares during the period. Dimensional Fund Advisors LP raised its position in Stagwell by 22.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,035,320 shares of the company's stock valued at $31,671,000 after purchasing an additional 923,771 shares during the last quarter. UBS Group AG boosted its stake in Stagwell by 10.8% during the 3rd quarter. UBS Group AG now owns 2,851,083 shares of the company's stock worth $16,052,000 after purchasing an additional 277,637 shares during the period. JPMorgan Chase & Co. grew its position in Stagwell by 54.1% during the 4th quarter. JPMorgan Chase & Co. now owns 2,676,532 shares of the company's stock worth $13,088,000 after purchasing an additional 939,888 shares during the last quarter. Finally, State Street Corp grew its position in Stagwell by 3.3% during the 4th quarter. State Street Corp now owns 2,299,100 shares of the company's stock worth $11,243,000 after purchasing an additional 73,817 shares during the last quarter. Institutional investors and hedge funds own 35.61% of the company's stock.

Stagwell Company Profile

(Get Free Report)

Stagwell Inc is a modern marketing and communications network that partners with global organizations to drive brand growth through data-driven insights and creative solutions. The company operates a diversified portfolio of specialized agencies and technology platforms, offering services that span digital marketing, advertising, public relations, consumer and market research, social media strategy, and commerce consulting. By integrating research, creative, media, and technology under a unified network, Stagwell aims to deliver end-to-end marketing solutions tailored to the evolving needs of clients in sectors such as technology, healthcare, consumer goods, and financial services.

Founded in 2015 by long-time political strategist and pollster Mark Penn, Stagwell has expanded organically and through strategic acquisitions to build capabilities across the marketing value chain.

Read More

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Stagwell?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Stagwell and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles