TPG Inc (NASDAQ: TPG) is 14.73% higher on its value in year-to-date trading and has touched a low of $26.62 and a high of $51.62 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TPG stock was last observed hovering at around $49.86 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $49.53, the stock is 4.11% and 8.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.63 million and changing -0.66% at the moment leaves the stock 15.94% off its SMA200. TPG registered 75.89% gain for a year compared to 6-month gain of 11.68%.
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The stock witnessed a -2.86% loss in the last 1 month and extending the period to 3 months gives it a 18.66%, and is 0.12% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.10% over the week and 3.64% over the month.
TPG Inc (TPG) has around 1850 employees, a market worth around $4.77B and $2.71B in sales. Fwd P/E is 18.62. Profit margin for the company is 0.65%. Distance from 52-week low is 86.06% and -4.05% from its 52-week high. The company has generated returns on investments over the last 12 months (0.91%).
The EPS is expected to grow by 27.07% this year
284.0 institutions hold shares in TPG Inc (TPG), with institutional investors hold 86.63% of the company’s shares. The shares outstanding are 96.27M, and float is at 82.88M with Short Float at 5.31%. Institutions hold 78.75% of the Float.
The top institutional shareholder in the company is WELLINGTON MANAGEMENT GROUP LLP with over 9.41 million shares valued at $389.97 million. The investor’s holdings represent 10.5575 of the TPG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.62 million shares valued at $357.25 million to account for 9.6718 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 7.76 million shares representing 8.7064 and valued at over $321.59 million, while MASSACHUSETTS FINANCIAL SERVICES CO /MA/ holds 7.5305 of the shares totaling 6.71 million with a market value of $278.16 million.
TPG Inc (TPG) Insider Activity
The most recent transaction is an insider sale by MESSEMER DEBORAH M., the company’s Director. SEC filings show that MESSEMER DEBORAH M. sold 4,089 shares of the company’s common stock on Jul 17 ’24 at a price of $46.55 per share for a total of $0.19 million. Following the sale, the insider now owns 17536.0 shares.
TPG Inc disclosed in a document filed with the SEC on Feb 28 ’24 that MESSEMER DEBORAH M. (Director) sold a total of 6,390 shares of the company’s common stock. The trade occurred on Feb 28 ’24 and was made at $43.97 per share for $0.28 million. Following the transaction, the insider now directly holds 18033.0 shares of the TPG stock.
Still, SEC filings show that on Feb 29 ’24, Vazquez-Ubarri Anilu (Chief Operating Officer) disposed off 101,937 shares at an average price of $41.64 for $4.24 million. The insider now directly holds 333,711 shares of TPG Inc (TPG).
