Vivek Agrawal Buys Shares of Principal Financial Group
EVP & Chief Growth Officer Vivek Agrawal purchased 234 shares of Principal Financial Group.
Key Points
- Vivek Agrawal, EVP & Chief Growth Officer, bought 234 shares of Principal Financial Group on June 26, 2026.
- Shares of Principal Financial Group traded at $108.51 on Tuesday, with a market cap of $23.28 billion and a P/E ratio of 15.46.
- Analysts set varied price targets, with Piper Sandler maintaining a 'buy' at $125 and B of A Securities downgrading to 'sell' at $95.
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Vivek Agrawal, the Executive Vice President and Chief Growth Officer at Principal Financial Group, Inc. (NasdaqGS: PFG), purchased 234 shares of the company on June 26, 2026. This insider buying activity was not conducted under a prearranged trading plan.
Insider Buying and Selling at Principal Financial Group, Inc.
On June 26, 2026, several executives at Principal Financial Group were active in the stock market. Vivek Agrawal, the EVP & Chief Growth Officer, bought 234 shares. Other insiders, including Joel Pitz, EVP & CFO, and Kathleen Kay, EVP-Chief Information Officer, also made purchases, acquiring 236 and 398 shares respectively. Alfredo Rivera bought a total of 142 shares, with 25 shares priced at $107.75.
Principal Financial Group, Inc. Stock Down 3.3%
Shares of Principal Financial Group traded around $108.51 on Tuesday. The company's market capitalization is approximately $23.28 billion. It has a price-to-earnings (P/E) ratio of 15.46 and a beta of 0.896, indicating less volatility compared to the market. The stock has seen a 52-week low of $75.00 and a high of $112.45, with a 50-day moving average of $103.11 and a 200-day moving average of $91.42.
$PFG stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On June 24, 2026, Piper Sandler maintained a 'buy' rating for Principal Financial Group with a price target of $125. In contrast, B of A Securities downgraded the stock to 'sell' with a target of $95. Meanwhile, Morgan Stanley maintained a 'hold' rating with a target of $107 on May 21, 2026. The consensus among analysts is to hold, with an average target price of $102.25 based on 12 opinions.
About Principal Financial Group
Principal Financial Group, Inc., based in Des Moines, Iowa, offers a range of financial products and services. The company operates through segments like Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. It provides retirement plans, asset management, insurance products, and services to businesses and individuals worldwide. Founded in 1879, the company is led by CEO Deanna Dawnette Strable-Soethout and employs around 19,700 people.
Bottom Line
Vivek Agrawal's recent purchase of shares in Principal Financial Group highlights insider activity that investors often watch closely. The company's stock performance, along with varied analyst opinions, provides a comprehensive view of its current standing. As always, it's essential to remember that insider transactions are disclosed after the fact and may not indicate future intentions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.