Cynthia Smith Buys Shares of TROW

Cynthia Smith purchased 70 shares of TROW, valued at $8,006.60.

Key Points

  • On June 29, 2026, Cynthia Smith bought 70 shares of TROW at an average price of $114.38, totaling $8,006.60.
  • TROW shares traded at $113.69 on Wednesday, with notable institutional activity from BlackRock and State Street.
  • Analysts maintain a cautious outlook, with recent price targets from Morgan Stanley and Evercore ISI Group.

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.

Cynthia Smith made a move on June 29, 2026, by purchasing 70 shares of TROW at an average price of $114.38 each. This transaction was valued at $8,006.60 and wasn't made under a pre-planned trading program.

Other Institutional Activity in TROW

BlackRock, Inc. increased its holdings in TROW by 2,005,718 shares, bringing its total to 22,769,675 shares valued at approximately $2.05 billion, marking a 9.7% increase. State Street Corp also added 112,498 shares, ending with 14,272,295 shares worth about $1.29 billion, reflecting a 0.8% increase. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions with 14,161,471 and 10,169,583 shares, valued at roughly $1.28 billion and $916.7 million, respectively. Conversely, Goldman Sachs Group Inc. reduced its stake by 320,353 shares, now holding 8,449,718 shares valued at $761.7 million, decreasing by 3.7%. Charles Schwab Investment Management Inc. cut its position by 1,459,142 shares, bringing its total to 6,614,704 shares worth approximately $596.2 million, a decline of 18.1%.

T. Rowe Price Group, Inc. Stock Up 2.2%

Shares of TROW traded near $113.69 on Wednesday. The stock has seen a 52-week low of $65.75 and a high of $134.50. Its 50-day moving average is $110.42, while the 200-day moving average is $107.25. The company has been a focal point for institutional investors, impacting its market dynamics.

Year to date

$TROW stock price

Daily closing prices, year to date. Not investment advice.

Insider Buying and Selling at T. Rowe Price Group, Inc.

Several insiders made recent transactions in TROW. On June 30, 2026, Robert Stevens, Alan Wilson, William Donnelly, and Robert MacLellan each bought shares, with quantities ranging from 537 to 691. On June 29, 2026, Richard Verma and William Donnelly purchased 55 and 142 shares, respectively, at the same price of $114.38 per share.

Analysts Set New Price Targets

On June 26, 2026, Morgan Stanley maintained a 'hold' rating on TROW with a price target of $109. Evercore ISI Group also maintained a 'hold' rating, setting a target of $111 on June 8, 2026. Other analysts like TD Cowen and Barclays kept their ratings, with targets at $94 and $89, respectively. The consensus among analysts remains cautious, with a mean target price reflecting tempered expectations.

Bottom Line

Cynthia Smith's purchase of TROW shares highlights ongoing interest in the stock from both insiders and institutions. TROW's share price reflects a mixed sentiment with significant activity from major funds and a cautious stance from analysts. As always, these insights into insider and institutional activity provide a backward-looking view, showing what has been done rather than what will be done.

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.