Richer Clare Stack Acquires Shares in Principal Financial Group

Richer Clare Stack made an insider purchase of 142 shares of Principal Financial Group, Inc. (NasdaqGS: PFG) on June 26, 2026. This transaction was not part of a pre-arranged trading plan, and it reflects a personal investment decision by Stack.

Insider Buying and Selling at Principal Financial Group, Inc.

Several insiders at Principal Financial Group also purchased shares on June 26, 2026. Joel Pitz, the EVP & CFO, bought 236 shares, while Kathleen Kay, the EVP-Chief Information Officer, acquired 398 shares. Alfredo Rivera made two separate buys totaling 142 shares, including 25 shares at an average price of $107.75. Other insiders like Scott Mills and Blair Pickerell also participated, buying 253 and 281 shares, respectively.

Principal Financial Group, Inc. Stock Down 2.6%

Shares of NasdaqGS:PFG traded near $108.51 on Tuesday. Principal Financial Group has a market cap of $23.28 billion and a P/E ratio of 15.46, with a forward P/E of 10.56. The stock's 52-week range is between $75.00 and $112.45, with a 50-day moving average of $103.11 and a 200-day moving average of $91.42. The company maintains a current ratio of 1.53 and a debt-to-equity ratio of 33.62.

Analysts Set New Price Targets

On June 24, 2026, Piper Sandler maintained a buy rating on Principal Financial Group with a price target of $125. Meanwhile, B of A Securities downgraded the stock to a sell with a $95 target. Previously, on May 21, 2026, Morgan Stanley maintained its hold rating with a $107 target. The consensus among 12 analysts is to hold, with a target mean price of $102.25.

About Principal Financial Group

Principal Financial Group, Inc. provides a range of financial products and services, including retirement solutions, asset management, and insurance. Based in Des Moines, Iowa, and led by CEO Ms. Deanna Dawnette Strable-Soethout, the company operates through several segments: Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. Founded in 1879, it employs around 19,700 people and serves clients worldwide.

Bottom Line

Richer Clare Stack's recent purchase of shares in Principal Financial Group highlights ongoing insider confidence in the company. Investors often track insider activity for potential insights into a company's future prospects. However, it's important to remember that these transactions are backward-looking and may not reflect current sentiment. As always, investors should consider a broad range of factors when evaluating a stock.