Stephon A. Jackson, Vice President at T. Rowe Price Group Inc (NASDAQ:TROW), recently sold shares of the company's common stock totaling $307,680.
The transactions occurred on May 13, 2026, according to a filing with the Securities and Exchange Commission.
Mr. Jackson disposed of 3,000 shares at $102.56 per share, slightly below the current trading price of $103.21.
On the same day, he also acquired 175.3519 shares through the Employee Stock Purchase Plan at a weighted-average price of $98.0796 per share, totaling $17,198.
Following these transactions, Mr. Jackson directly holds 83,882.5334 shares. The asset manager trades at a P/E ratio of 11.08 and offers a dividend yield of 5.05%.
According to Bond.az analysis, TROW appears undervalued relative to its Fair Value and has maintained dividend payments for 41 consecutive years.
In other recent news, T. Rowe Price reported Q1 2026 adjusted EPS of $2.52, beating estimates of $2.36 and marking a 13% increase year-over-year.
Revenue came in at $1.86 billion, slightly missing the $1.87 billion forecast.
The Board of Directors declared a quarterly dividend of $1.30 per share, payable on June 29, 2026.
