Stagwell Inc. (NASDAQ:STGW – Get Free Report)’s share price traded up 8.2% on Wednesday . The company traded as high as $7.05 and last traded at $7.1550. 424,963 shares were traded during mid-day trading, a decline of 76% from the average session volume of 1,763,562 shares. The stock had previously closed at $6.61.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the company. B. Riley Financial reduced their target price on Stagwell from $9.00 to $7.00 and set a “buy” rating for the company in a report on Friday, March 6th. Craig Hallum set a $8.00 price objective on Stagwell and gave the stock a “buy” rating in a report on Wednesday, March 11th. Weiss Ratings lowered Stagwell from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Rosenblatt Securities reiterated a “buy” rating and set a $9.00 price objective on shares of Stagwell in a report on Tuesday, May 5th. Finally, Wall Street Zen lowered Stagwell from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $7.65.
Check Out Our Latest Research Report on STGW
Stagwell Trading Up 4.3%
Stagwell (NASDAQ:STGW – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.17 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $700.48 million. During the same quarter last year, the company earned $0.12 EPS. The business’s revenue was up 8.0% compared to the same quarter last year. Stagwell has set its FY 2026 guidance at 0.980-1.120 EPS. Equities research analysts anticipate that Stagwell Inc. will post 0.86 EPS for the current year.
Insiders Place Their Bets
In related news, CEO Mark Jeffery Penn bought 20,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was acquired at an average cost of $5.88 per share, with a total value of $117,600.00. Following the purchase, the chief executive officer directly owned 23,034,990 shares of the company’s stock, valued at $135,445,741.20. The trade was a 0.09% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Bradley J. Gross sold 2,163,790 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $6.04, for a total value of $13,069,291.60. Following the completion of the sale, the director directly owned 8,789 shares of the company’s stock, valued at $53,085.56. This trade represents a 99.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 11.20% of the stock is owned by company insiders.
Institutional Trading of Stagwell
A number of institutional investors have recently modified their holdings of STGW. Kestra Advisory Services LLC purchased a new stake in shares of Stagwell in the fourth quarter valued at approximately $26,000. Clearstead Advisors LLC boosted its position in Stagwell by 186.2% during the fourth quarter. Clearstead Advisors LLC now owns 7,020 shares of the company’s stock worth $34,000 after purchasing an additional 4,567 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in Stagwell by 311.8% during the second quarter. Tower Research Capital LLC TRC now owns 10,790 shares of the company’s stock worth $49,000 after purchasing an additional 8,170 shares in the last quarter. Inceptionr LLC purchased a new stake in Stagwell during the fourth quarter worth $50,000. Finally, New York State Teachers Retirement System purchased a new stake in Stagwell during the fourth quarter worth $52,000. 35.61% of the stock is currently owned by hedge funds and other institutional investors.
About Stagwell
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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