Stagwell (NASDAQ:STGW) Insider Frank Lanuto Sells 62,000 Shares

Stagwell Inc. (NASDAQ:STGWGet Free Report) insider Frank Lanuto sold 62,000 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $8.46, for a total transaction of $524,520.00. Following the completion of the transaction, the insider directly owned 491,977 shares in the company, valued at $4,162,125.42. The trade was a 11.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Stagwell Price Performance

Stagwell stock opened at $9.01 on Wednesday. The company’s 50 day simple moving average is $7.28 and its 200-day simple moving average is $6.46. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.83 and a current ratio of 0.81. Stagwell Inc. has a 1 year low of $4.28 and a 1 year high of $9.02. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of 150.17 and a beta of 1.25.

Stagwell (NASDAQ:STGWGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.06. Stagwell had a net margin of 0.53% and a return on equity of 27.30%. The firm had revenue of $786.31 million during the quarter, compared to analysts’ expectations of $754.56 million. During the same quarter last year, the company posted $0.17 EPS. The firm’s quarterly revenue was up 11.2% on a year-over-year basis. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. As a group, equities research analysts expect that Stagwell Inc. will post 0.86 earnings per share for the current year.

Institutional Trading of Stagwell

Several hedge funds have recently modified their holdings of the stock. Kestra Advisory Services LLC acquired a new position in Stagwell during the 4th quarter worth $26,000. Clearstead Advisors LLC raised its position in Stagwell by 186.2% in the 4th quarter. Clearstead Advisors LLC now owns 7,020 shares of the company’s stock valued at $34,000 after purchasing an additional 4,567 shares in the last quarter. Inceptionr LLC purchased a new position in shares of Stagwell in the 4th quarter valued at about $50,000. New York State Teachers Retirement System purchased a new position in shares of Stagwell in the 4th quarter valued at about $52,000. Finally, Tower Research Capital LLC TRC grew its position in shares of 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 buying an additional 8,170 shares in the last quarter. 35.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on STGW. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Stagwell in a research note on Friday. Wells Fargo & Company increased their target price on Stagwell from $8.00 to $10.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Zacks Research raised Stagwell from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Wall Street Zen upgraded shares of Stagwell from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, B. Riley Financial increased their price target on shares of Stagwell from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.60.

Read Our Latest Stock Analysis on STGW

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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