TPG Inc (NASDAQ: TPG) is 55.96% higher on its value in year-to-date trading and has touched a low of $26.62 and a high of $69.27 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 $68.90 in the last trading session, with the day’s loss setting it -1.57%.
Currently trading at $67.33, the stock is 8.14% and 18.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing -2.28% at the moment leaves the stock 43.71% off its SMA200. TPG registered 150.48% gain for a year compared to 6-month gain of 53.48%. The firm has a 50-day simple moving average (SMA 50) of $56.645 and a 200-day simple moving average (SMA200) of $46.8498.
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The stock witnessed a 16.43% loss in the last 1 month and extending the period to 3 months gives it a 36.13%, and is 1.49% 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 3.22% over the week and 2.76% over the month.
TPG Inc (TPG) has around 1850 employees, a market worth around $6.48B and $2.71B in sales. Fwd P/E is 25.46. Profit margin for the company is 0.65%. Distance from 52-week low is 152.93% and -2.80% from its 52-week high. The company has generated returns on investments over the last 12 months (0.91%).
with sales reaching $455.76M over the same period.The EPS is expected to grow by 25.11% this year, but quarterly earnings will post 41.00% year-over-year. Quarterly sales are estimated to grow 41.80% in year-over-year returns.
TPG Inc (TPG) Top Institutional Holders
295.0 institutions hold shares in TPG Inc (TPG), with institutional investors hold 88.39% of the company’s shares. The shares outstanding are 96.27M, and float is at 83.40M with Short Float at 5.54%. Institutions hold 80.35% 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).
