Stagwell Inc. (NASDAQ:STGW – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $9.50 and last traded at $9.4650, with a volume of 89061 shares changing hands. The stock had previously closed at $9.35.
Analyst Ratings Changes
Several research firms recently commented on STGW. B. Riley Financial increased their target price on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Friday, July 31st. Wells Fargo & Company boosted their price target on shares of Stagwell from $8.00 to $10.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Needham & Company LLC upped their price target on shares of Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Rosenblatt Securities raised their price objective on Stagwell from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Stagwell in a report on Friday, July 31st. Five investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $9.60.
Read Our Latest Stock Report on STGW
Stagwell Stock Performance
Stagwell (NASDAQ:STGW – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.19 by $0.06. Stagwell had a net margin of 0.53% and a return on equity of 27.30%. The company had revenue of $786.31 million for the quarter, compared to the consensus estimate of $754.56 million. During the same period in the previous year, the firm earned $0.17 earnings per share. The firm’s revenue for the quarter 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 forecast that Stagwell Inc. will post 0.92 EPS for the current fiscal year.
Insider Activity
In other Stagwell news, insider Frank P. Lanuto sold 62,000 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $8.46, for a total value of $524,520.00. Following the transaction, the insider owned 491,977 shares in the company, valued at approximately $4,162,125.42. The trade was a 11.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 11.20% of the company’s stock.
Institutional Trading of Stagwell
Several large investors have recently modified their holdings of the business. AQR Capital Management LLC bought a new position in Stagwell during the 1st quarter valued at approximately $74,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Stagwell by 6.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,193 shares of the company’s stock worth $316,000 after buying an additional 3,249 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Stagwell in the 1st quarter worth approximately $137,000. Jane Street Group LLC increased its stake in shares of Stagwell by 36.0% during the first quarter. Jane Street Group LLC now owns 123,000 shares of the company’s stock valued at $744,000 after buying an additional 32,546 shares during the period. Finally, Legal & General Group Plc increased its stake in shares of Stagwell by 5.2% during the second quarter. Legal & General Group Plc now owns 101,049 shares of the company’s stock valued at $455,000 after buying an additional 5,017 shares during the period. 35.61% of the stock is owned by 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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