Stagwell Inc. (NASDAQ:STGW – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $8.91 and last traded at $8.70, with a volume of 3741745 shares. The stock had previously closed at $8.45.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on STGW. B. Riley Financial lifted their price objective on Stagwell from $8.00 to $10.00 and gave the company a “buy” rating in a report on Friday. Rosenblatt Securities reissued a “buy” rating and set a $9.00 target price on shares of Stagwell in a research note on Tuesday, May 5th. Wells Fargo & Company raised their price target on Stagwell from $8.00 to $10.00 and gave the company an “overweight” rating in a report on Friday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Stagwell in a report on Friday. Finally, Wall Street Zen upgraded Stagwell from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Stagwell presently has a consensus rating of “Moderate Buy” and a consensus target price of $9.40.
Read Our Latest Stock Report on Stagwell
Stagwell Trading Up 3.0%
Stagwell (NASDAQ:STGW – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.06. Stagwell had a net margin of 0.53% and a return on equity of 26.66%. The company had revenue of $786.31 million during the quarter, compared to analysts’ expectations of $754.56 million. During the same period last year, the company posted $0.17 earnings per share. The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. Stagwell has set its FY 2026 guidance at 1.030-1.170 EPS. As a group, analysts predict that Stagwell Inc. will post 0.86 earnings per share for the current year.
Insider Buying and Selling at Stagwell
In other news, CEO Mark Jeffery Penn acquired 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased 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 approximately $135,445,741.20. This trade represents a 0.09% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. 11.20% of the stock is currently owned by corporate insiders.
Institutional Trading of Stagwell
Several large investors have recently bought and sold shares of STGW. Kestra Advisory Services LLC purchased a new position in shares of Stagwell in the fourth quarter valued at $26,000. Clearstead Advisors LLC raised its stake in shares of Stagwell by 186.2% during the 4th quarter. Clearstead Advisors LLC now owns 7,020 shares of the company’s stock worth $34,000 after buying an additional 4,567 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Stagwell by 311.8% in the 2nd 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. Inceptionr LLC purchased a new stake in shares of Stagwell in the 4th quarter worth about $50,000. Finally, New York State Teachers Retirement System acquired a new stake in Stagwell in the 4th quarter valued at about $52,000. Institutional investors and hedge funds own 35.61% of the company’s stock.
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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