Rodney Slater Buys Shares of Stagwell Inc.
Rodney Slater acquired 22,970 shares of Stagwell Inc. on June 11, 2026.
Key Points
- Rodney Slater bought 22,970 shares of Stagwell Inc. on June 11, 2026, as part of recent insider activity.
- Stagwell Inc. trades on NasdaqGS under the ticker STGW, with a market cap of about $1.64 billion.
- Analysts maintain a positive outlook, with Rosenblatt setting a $9.00 target price as of May 5, 2026.
Rodney Slater, a key insider, purchased 22,970 shares of Stagwell Inc. (NasdaqGS: STGW) on June 11, 2026. This transaction is part of recent insider buying activity at the company.
Insider Buying and Selling at Stagwell Inc.
On June 11, 2026, several insiders, including Rodney Slater, acquired 22,970 shares each of Stagwell Inc. This activity wasn't part of a pre-planned trading program and follows similar purchases by other insiders like Charlene Barshefsky and Eli Samaha on the same date.
Other Institutional Activity in Stagwell Inc.
Institutional investors have also shown interest in Stagwell Inc. Hotchkis & Wiley Capital Management LLC increased its position by 982,950 shares, bringing its total to 23,058,057 shares valued at about $145.0 million. Dimensional Fund Advisors LP added 923,771 shares, ending with 5,035,320 shares worth approximately $31.7 million. However, BlackRock, Inc. reduced its holdings by 197,100 shares, leaving it with 7,822,706 shares valued at around $49.2 million.
Stagwell Inc. Stock Snapshot
Shares of Stagwell Inc. are currently trading at $6.63. The company has a market capitalization of approximately $1.64 billion and a high P/E ratio of 94.71, with a forward P/E of 5.64. Stagwell's stock has traded between $4.28 and $7.52 over the past year, with a 50-day moving average of $6.58 and a 200-day moving average of $5.70. The company's beta is 1.25, indicating a higher volatility compared to the market.
Recent Earnings
Stagwell Inc. reported revenues of $2.96 billion, showing a growth rate of 8%. The company achieved a net margin of 0.64% and a return on equity of 2.86%. Stagwell's earnings per share stand at $0.07, and the next earnings report is expected on July 30, 2026.
Analysts Set New Price Targets
Analysts remain optimistic about Stagwell Inc.'s prospects. On May 5, 2026, Rosenblatt maintained a 'buy' rating with a target price of $9.00. B. Riley Securities reiterated its 'buy' rating with an $8.00 target on March 11, 2026. Overall, the consensus among seven analysts is a 'buy', with a mean target price of $8.25.
About Stagwell Inc.
Stagwell Inc., headquartered in New York, provides a range of services including digital transformation, marketing, and media solutions. The company operates in the Communication Services sector, specifically within Advertising Agencies. Led by CEO Mark Jeffrey Penn, Stagwell employs over 10,950 people and offers creative, research, and social media solutions alongside consumer insights and digital ecosystems.
Bottom Line
Rodney Slater's recent purchase of Stagwell Inc. shares highlights ongoing insider confidence in the company. With a solid market position and positive analyst sentiment, Stagwell remains a key player in the digital transformation and marketing services industry. As always, it's important to remember that insider transactions are just one piece of the investment puzzle, and this information reflects past activity.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.