Stagwell (NASDAQ:STGW) Director Sells $13,069,291.60 in Stock

Stagwell Inc. (NASDAQ:STGW) Director Bradley Gross sold 2,163,790 shares of Stagwell stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $6.04, for a total transaction of $13,069,291.60. Following the completion of the sale, the director directly owned 8,789 shares of the company’s stock, valued at approximately $53,085.56. This trade represents a 99.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Stagwell Stock Performance

Shares of Stagwell stock traded up $0.32 on Tuesday, hitting $6.64. 1,225,637 shares of the company’s stock were exchanged, compared to its average volume of 1,830,784. The company has a 50-day simple moving average of $6.10 and a 200-day simple moving average of $5.60. The stock has a market capitalization of $1.68 billion, a PE ratio of 94.86 and a beta of 1.27. Stagwell Inc. has a 1 year low of $4.03 and a 1 year high of $7.52. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.79 and a current ratio of 0.79.

Stagwell (NASDAQ:STGW) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.01). The business had revenue of $704.14 million for the quarter, compared to analysts’ expectations of $700.48 million. Stagwell had a return on equity of 23.73% and a net margin of 0.64%.The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.12 EPS. Stagwell has set its FY 2026 guidance at 0.980-1.120 EPS. As a group, equities analysts anticipate that Stagwell Inc. will post 0.88 EPS for the current year.

Hedge Funds Weigh In On Stagwell

Several hedge funds have recently modified their holdings of the stock. Pictet Asset Management Holding SA increased its holdings in Stagwell by 34.7% in the 1st quarter. Pictet Asset Management Holding SA now owns 20,014 shares of the company’s stock valued at $126,000 after acquiring an additional 5,155 shares during the last quarter. Kestra Private Wealth Services LLC bought a new position in shares of Stagwell during the 1st quarter valued at about $846,000. Invesco Ltd. boosted its holdings in shares of Stagwell by 20.7% during the 4th quarter. Invesco Ltd. now owns 210,992 shares of the company’s stock valued at $1,032,000 after purchasing an additional 36,113 shares during the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in shares of Stagwell during the fourth quarter valued at about $120,000. Finally, State of Tennessee Department of Treasury bought a new stake in shares of Stagwell in the fourth quarter worth about $146,000. Hedge funds and other institutional investors own 35.61% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on STGW. Wall Street Zen cut shares of Stagwell from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Rosenblatt Securities reiterated a “buy” rating and set a $9.00 price target on shares of Stagwell in a research note on Tuesday. B. Riley Financial dropped their price target on shares of Stagwell from $9.00 to $7.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. Zacks Research cut shares of Stagwell from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Finally, Craig Hallum set a $8.00 target price on shares of Stagwell and gave the company a “buy” rating in a research note on Wednesday, March 11th. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $7.96.

Stagwell Company Profile

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.