Richard Verma Buys Shares of TROW
Richard Verma purchased 55 shares of TROW at $114.38 each on June 29, 2026.
Key Points
- Richard Verma purchased 55 shares of TROW at an average price of $114.38 on June 29, 2026.
- TROW shares traded near $113.69 on Wednesday, with BlackRock and State Street Corp adjusting their positions.
- Analysts from Morgan Stanley and Evercore ISI maintain 'hold' ratings with price targets of $109 and $111, respectively.
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Richard Verma, an insider at TROW, bought 55 shares of the company at an average price of $114.38 each on June 29, 2026. This purchase was part of recent insider activity that also saw other insiders acquiring shares.
Insider Buying and Selling at T. Rowe Price Group, Inc.
On June 29, 2026, Richard Verma purchased 55 shares of TROW at $114.38 each. The transaction was not part of a pre-planned trading program. Additionally, on June 30, 2026, several other insiders, including Robert Stevens, Alan Wilson, William Donnelly, and Robert Maclellan, also purchased shares, although at undisclosed prices.
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 added 112,498 shares to its position, now holding 14,272,295 shares worth about $1.29 billion, an increase of 0.8%. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions, with share counts at 14,161,471 and 10,169,583, respectively. In contrast, Goldman Sachs Group Inc reduced its holdings by 320,353 shares, leaving it with 8,449,718 shares valued at around $761.7 million, a decrease of 3.7%.
T. Rowe Price Group, Inc. Stock Up 2.2%
Shares of TROW traded near $113.69 on Wednesday. The company has a market cap and other financial metrics that were not specified in the available data. The stock's 52-week performance and moving averages were also not detailed.
$TROW stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On June 26, 2026, Morgan Stanley maintained its 'hold' rating for TROW with a price target of $109. Similarly, Evercore ISI Group kept a 'hold' rating with a price target of $111 on June 8, 2026. Overall, the consensus among analysts is a 'hold' rating, with various firms setting targets around the current trading level.
Bottom Line
Richard Verma's recent purchase of TROW shares on June 29, 2026, is part of broader insider activity at the company. Institutional investors like BlackRock and State Street Corp have made notable adjustments to their positions, reflecting ongoing interest in the stock. Analyst ratings currently suggest a cautious outlook, with multiple firms maintaining 'hold' ratings.
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