Peter Solomon Sells Shares of MNRO
Peter Solomon sold 19,664 shares of MNRO on June 18, 2026.
Key Points
- Peter Solomon sold 19,664 shares of MNRO on June 18, 2026, as part of a non-planned transaction.
- Shares of MNRO traded near $15.35 on Wednesday with institutional investors like BlackRock and Gamco Investors adjusting their stakes.
- Wells Fargo maintained its hold rating on MNRO with a $16 target, while Stephens & Co. upgraded to buy with an $18 target.
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Peter Solomon sold 19,664 shares of MNRO on June 18, 2026. This transaction was not part of a pre-planned trading arrangement. The specific price and total value of the sale were not disclosed.
Other Institutional Activity in MNRO
Institutional investors have been active in MNRO. Icahn Carl C maintained its position with 5,078,573 shares valued at about $81.46 million. BlackRock, Inc. reduced its holdings by 259,610 shares, leaving it with 4,750,148 shares worth around $76.19 million, a 5.2% decrease. Conversely, Gamco Investors, Inc. increased its stake by 964,470 shares, now holding 2,517,902 shares valued at approximately $40.39 million, marking a significant 62.1% increase. Adage Capital Partners GP, L.L.C. added 48,270 shares to its holdings, now totaling 1,548,270 shares valued at $24.83 million, a 3.2% increase. Morgan Stanley decreased its position by 84,339 shares to 1,482,220 shares, valued at $23.77 million, a 5.4% reduction.
Monro, Inc. Stock Up 18.4%
Shares of MNRO traded near $15.35 on Wednesday. The stock has seen varied interest from institutional investors, as reflected in the recent trades. MNRO's current market activity shows both reductions and increases in holdings from major funds.
$MNRO stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Monro, Inc.
Several insiders at MNRO have been active recently. On June 19, 2026, Nicholas Hawryschuk, Senior VP of Operations, sold 132 shares. Cindy Donovan, Sr. VP - CIO, sold 175 shares on the same day. On June 18, 2026, Peter Solomon sold 19,664 shares, while also buying 1,204,908 shares in another transaction.
Analysts Set New Price Targets
On June 11, 2026, Wells Fargo maintained its hold rating on MNRO, setting a price target of $16. Stephens & Co. previously upgraded its rating to buy with an $18 target on April 4, 2025. The consensus among analysts is a hold, with an average target price of $16.
Bottom Line
Peter Solomon's recent sale of MNRO shares, along with the varied activity from institutional investors, highlights ongoing interest in the company's stock. The transactions reflect adjustments in holdings as investors respond to market conditions. As always, it's important to remember that insider transactions and 13F filings are backward-looking and may not indicate current positions.
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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.