Robert Maclellan Buys Shares of TROW
Robert Maclellan added 185 shares of TROW to his holdings on June 29, 2026.
Key Points
- Robert Maclellan bought 185 shares of TROW at $114.38 per share, totaling $21,160, on June 29, 2026.
- TROW shares traded near $113.69 on Wednesday, showcasing recent insider buying activity.
- Analysts from Morgan Stanley and others maintained a hold rating on TROW with price targets ranging from $89 to $111.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 29, 2026, Robert Maclellan purchased 185 shares of TROW at an average price of $114.38 per share. This transaction totaled approximately $21,160. This insider buying activity was not conducted under a pre-arranged trading plan.
Other Institutional Activity in TROW
BlackRock, Inc. increased its holdings in TROW by 2,005,718 shares, resulting in a total of 22,769,675 shares worth about $2.05 billion, reflecting a 9.7% increase. State Street Corp added 112,498 shares, bringing its total to 14,272,295 shares valued at approximately $1.29 billion, marking a 0.8% increase. Vanguard Capital Management LLC opened a new position with 14,161,471 shares valued at $1.28 billion. Similarly, Vanguard Portfolio Management LLC initiated a stake with 10,169,583 shares worth about $916.69 million. On the other hand, Goldman Sachs Group Inc reduced its stake by 320,353 shares, ending with 8,449,718 shares worth $761.66 million, a 3.7% decrease. Charles Schwab Investment Management Inc also cut its holdings by 1,459,142 shares, resulting in 6,614,704 shares valued at $596.25 million, a decrease of 18.1%.
T. Rowe Price Group, Inc. Stock Up 2.2%
Shares of TROW traded near $113.69 on Wednesday. The company has seen a range of stock activity with a 52-week low of $93.73 and a high of $134.64. Its 50-day moving average stands at $115.34, and the 200-day moving average is $117.89. TROW's market cap is substantial, though specific metrics like the P/E ratio and beta are not currently available.
$TROW stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at T. Rowe Price Group, Inc.
In addition to Robert Maclellan, several other insiders made purchases around the same time. On June 30, 2026, Stevens Robert bought 537 shares, Wilson Alan acquired 691 shares, Donnelly William added 576 shares, and Maclellan Robert himself purchased 658 shares, all without a specified price. On June 29, 2026, Verma Richard bought 55 shares at $114.38 each, and Donnelly William added 142 shares at the same price.
Analysts Set New Price Targets
On June 26, 2026, Morgan Stanley maintained its hold rating on TROW with a price target of $109. Evercore ISI Group also maintained a hold rating on June 8, 2026, with a target of $111. Previous ratings from May and April 2026 by TD Cowen, Barclays, and others set targets ranging from $89 to $107, with generally hold or sell recommendations.
Bottom Line
Robert Maclellan's recent purchase of TROW shares highlights ongoing insider interest in the company. Investors closely watch insider transactions for potential insights into company performance. Institutional activities and analyst ratings provide a broader picture of market sentiment, though 13F filings and insider reports are backward-looking and may not represent current positions.
Get T. Rowe Price Group, Inc. alerts
New 13F filings, insider trades, and analyst moves on $TROW, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
