Mark Jeffery Penn Purchases 20,000 Shares of Stagwell (NASDAQ:STGW) Stock

Stagwell Inc. (NASDAQ:STGWGet Free Report) CEO Mark Jeffery Penn bought 20,000 shares of Stagwell stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average price of $5.88 per share, with a total value of $117,600.00. Following the purchase, the chief executive officer owned 23,034,990 shares of the company’s stock, valued at $135,445,741.20. This trade represents a 0.09% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Stagwell Stock Up 2.5%

NASDAQ STGW opened at $6.12 on Friday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a 50-day simple moving average of $6.32 and a 200 day simple moving average of $5.65. Stagwell Inc. has a twelve month low of $4.03 and a twelve month high of $7.52. The stock has a market cap of $1.52 billion, a PE ratio of 87.43 and a beta of 1.27.

Stagwell (NASDAQ:STGWGet Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.01). Stagwell had a net margin of 0.64% and a return on equity of 24.12%. The company had revenue of $704.14 million during the quarter, compared to the consensus estimate of $700.48 million. During the same quarter in the previous year, the business posted $0.12 EPS. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. Stagwell has set its FY 2026 guidance at 0.980-1.120 EPS. On average, research analysts forecast that Stagwell Inc. will post 0.86 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on STGW shares. Wall Street Zen cut shares of Stagwell from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. Rosenblatt Securities reiterated a “buy” rating and issued a $9.00 target price on shares of Stagwell in a research note on Tuesday, May 5th. B. Riley Financial reduced their target price on shares of Stagwell from $9.00 to $7.00 and set a “buy” rating for the company in a research note on Friday, March 6th. Zacks Research cut shares of Stagwell from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings cut shares of Stagwell from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Stagwell has an average rating of “Hold” and a consensus target price of $7.65.

Get Our Latest Research Report on Stagwell

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hotchkis & Wiley Capital Management LLC lifted its stake in Stagwell by 4.6% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 21,034,577 shares of the company’s stock worth $118,425,000 after purchasing an additional 920,431 shares during the period. Dimensional Fund Advisors LP lifted its stake in Stagwell by 22.5% during the first quarter. Dimensional Fund Advisors LP now owns 5,035,320 shares of the company’s stock worth $31,671,000 after purchasing an additional 923,771 shares during the period. UBS Group AG increased its holdings in shares of Stagwell by 10.8% during the third quarter. UBS Group AG now owns 2,851,083 shares of the company’s stock worth $16,052,000 after buying an additional 277,637 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Stagwell by 54.1% during the fourth quarter. JPMorgan Chase & Co. now owns 2,676,532 shares of the company’s stock worth $13,088,000 after buying an additional 939,888 shares in the last quarter. Finally, State Street Corp increased its holdings in shares of Stagwell by 3.3% during the fourth quarter. State Street Corp now owns 2,299,100 shares of the company’s stock worth $11,243,000 after buying an additional 73,817 shares in the last quarter. Institutional investors own 35.61% of the company’s stock.

About Stagwell

(Get Free Report)

Stagwell Inc is a modern marketing and communications network that partners with global organizations to drive brand growth through data-driven insights and creative solutions. The company operates a diversified portfolio of specialized agencies and technology platforms, offering services that span digital marketing, advertising, public relations, consumer and market research, social media strategy, and commerce consulting. By integrating research, creative, media, and technology under a unified network, Stagwell aims to deliver end-to-end marketing solutions tailored to the evolving needs of clients in sectors such as technology, healthcare, consumer goods, and financial services.

Founded in 2015 by long-time political strategist and pollster Mark Penn, Stagwell has expanded organically and through strategic acquisitions to build capabilities across the marketing value chain.

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