Anyone interested in T. Rowe Price Group, Inc. (NASDAQ:TROW) should probably be aware that a company insider, Stephon Jackson, recently divested US$308k worth of shares in the company, at an average price of US$103 each. On the bright side, that sale was only 4.3% of their holding, so we doubt it's very meaningful, on its own.
T. Rowe Price Group Insider Transactions Over The Last Year
Notably, that recent sale by Stephon Jackson is the biggest insider sale of T. Rowe Price Group shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of US$102. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
T. Rowe Price Group insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Check out our latest analysis for T. Rowe Price Group
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
Insider Ownership
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. T. Rowe Price Group insiders own 1.8% of the company, currently worth about US$404m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
What Might The Insider Transactions At T. Rowe Price Group Tell Us?
An insider hasn't bought T. Rowe Price Group stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. On the plus side, T. Rowe Price Group makes money, and is growing profits. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example - T. Rowe Price Group has 1 warning sign we think you should be aware of.
Of course T. Rowe Price Group may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.