Deanna Strable-Soethout Sells Shares of PFG
PFG's Chair, President, and CEO sold 30,708 shares on June 12, 2026.
Key Points
- Deanna Strable-Soethout, PFG's Chair, President and CEO, sold 30,708 shares valued at about $3.40 million on June 12, 2026.
- Shares of PFG traded at $111.12, with a recent high analyst target of $111. Morgan Stanley and Raymond James have differing views.
- BlackRock and State Street Corp adjusted their PFG holdings, while Vanguard significantly increased its position.
Deanna Strable-Soethout, the Chair, President, and CEO of PFG, sold 30,708 shares of the company on June 12, 2026. The transaction was valued at approximately $3.40 million, with an average selling price of $110.59 per share. This sale was not part of a pre-planned trading program.
Insider Buying and Selling at PFG
On June 12, 2026, Deanna Strable-Soethout executed a significant transaction involving the sale of 30,708 shares at an average price of $110.59, totaling about $3.40 million. This follows a series of transactions on June 11, 2026, where she bought and then sold 19,767 shares at varying prices. None of these transactions were conducted under a Rule 10b5-1 trading plan.
Other Institutional Activity in PFG
In recent institutional activity, BlackRock, Inc. slightly reduced its holdings by 91,763 shares, ending with 20,322,358 shares worth approximately $1.83 billion. Nippon Life Insurance Co maintained its stake at 18,137,000 shares valued at $1.63 billion. Vanguard Capital Management LLC made a substantial addition, acquiring 13,474,208 shares, bringing its total to the same number, valued at about $1.21 billion. State Street Corp decreased its position by 329,518 shares, now holding 10,179,842 shares worth roughly $917.3 million. Meanwhile, Bank of America Corp increased its holdings by 420,319 shares, bringing its total to 8,819,452 shares, valued at $794.7 million.
PFG Stock Snapshot
Shares of PFG traded at $111.12. The stock has been subject to various analyst ratings, with recent price targets ranging from $87 to $111. PFG has seen activity from major institutional investors, with some reducing and others increasing their positions.
Analysts Set New Price Targets
On May 21, 2026, Morgan Stanley maintained its 'hold' rating on PFG with a price target of $107. Raymond James downgraded the stock to 'buy' with a target of $111 on May 19, 2026. Evercore ISI Group also maintained a 'hold' rating, setting a price target of $108 on April 27, 2026. Barclays maintained a 'sell' rating with a target of $87 on April 24, 2026. Overall, the consensus leans towards a 'hold' recommendation with an average target price of around $94, based on multiple analyst opinions.
Bottom Line
Deanna Strable-Soethout's recent sale of shares in PFG highlights ongoing activity among insiders and institutional investors. While the stock trades at a relatively high price, analysts have mixed views on its future performance. Investors closely watch these transactions and ratings as part of their broader market analysis. Remember, 13F filings and insider transactions are backward-looking and may not reflect current positions.
See Also
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