Stagwell (NASDAQ:STGW) Shares Up 7% – Here’s What Happened

Shares of Stagwell Inc. (NASDAQ:STGWGet Free Report) traded up 7% during mid-day trading on Monday . The stock traded as high as $6.46 and last traded at $6.4750. 968,424 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 1,779,204 shares. The stock had previously closed at $6.05.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on STGW shares. Weiss Ratings downgraded shares of Stagwell from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Craig Hallum set a $8.00 target price on shares of Stagwell and gave the company a “buy” rating in a research report on Wednesday, March 11th. Wall Street Zen downgraded Stagwell from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. Rosenblatt Securities restated a “buy” rating and set a $9.00 price target on shares of Stagwell in a research note on Tuesday, May 5th. Finally, B. Riley Financial lowered their price objective on shares of Stagwell from $9.00 to $7.00 and set a “buy” rating on the stock in a research report on Friday, March 6th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $7.65.

Get Our Latest Research Report on STGW

Stagwell Stock Up 4.5%

The firm has a 50 day simple moving average of $6.34 and a two-hundred day simple moving average of $5.66. The company has a market capitalization of $1.57 billion, a PE ratio of 90.36 and a beta of 1.27. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.99.

Stagwell (NASDAQ:STGWGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.01). Stagwell had a return on equity of 24.12% and a net margin of 0.64%.The firm had revenue of $704.14 million for the quarter, compared to analyst estimates of $700.48 million. During the same quarter last year, the firm earned $0.12 earnings per share. The company’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. Research analysts expect that Stagwell Inc. will post 0.86 EPS for the current year.

Insider Buying and Selling

In other Stagwell news, CEO Mark Jeffery Penn purchased 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average cost of $5.88 per share, for a total transaction of $117,600.00. Following the completion of the purchase, the chief executive officer directly owned 23,034,990 shares in the company, valued at $135,445,741.20. This represents a 0.09% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Bradley J. Gross sold 2,163,790 shares of Stagwell stock in a transaction that occurred on Monday, May 4th. The shares were 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 owned 8,789 shares in the company, valued at approximately $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 insiders.

Institutional Trading of Stagwell

A number of institutional investors have recently added to or reduced their stakes in STGW. Kestra Advisory Services LLC purchased a new stake in Stagwell during the fourth quarter worth about $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. State of Alaska Department of Revenue purchased a new stake in Stagwell during the third quarter worth $47,000. 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. Finally, Inceptionr LLC purchased a new stake in Stagwell during the fourth quarter worth $50,000. Hedge funds and other institutional investors own 35.61% of the company’s stock.

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.

Featured Articles

Receive News & Ratings for Stagwell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stagwell and related companies with MarketBeat.com's FREE daily email newsletter.