TPG Inc (NASDAQ: TPG) is 48.20% higher on its value in year-to-date trading and has touched a low of $38.20 and a high of $72.98 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 $63.25 in the last trading session, with the day’s gains setting it 0.73%.
Currently trading at $63.98, the stock is -6.71% and -4.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.03 million and changing 1.15% at the moment leaves the stock 23.97% off its SMA200. TPG registered 51.22% gain for a year compared to 6-month gain of 55.25%. The firm has a 50-day simple moving average (SMA 50) of $66.735 and a 200-day simple moving average (SMA200) of $51.5159.
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The stock witnessed a -5.80% loss in the last 1 month and extending the period to 3 months gives it a 8.96%, and is -6.42% down 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 4.33% over the week and 3.54% over the month.
TPG Inc (TPG) has around 1850 employees, a market worth around $23.35B and $3.40B in sales. Fwd P/E is 25.98. Profit margin for the company is 0.29%. Distance from 52-week low is 67.49% and -12.33% from its 52-week high. The company has generated returns on investments over the last 12 months (0.48%).
The EPS is expected to grow by 24.72% this year
314.0 institutions hold shares in TPG Inc (TPG), with institutional investors hold 89.19% of the company’s shares. The shares outstanding are 103.93M, and float is at 82.06M with Short Float at 4.99%. Institutions hold 81.39% 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
TPG Inc disclosed in a document filed with the SEC on Jul 17 ’24 that MESSEMER DEBORAH M. (Director) sold a total of 4,089 shares of the company’s common stock. The trade occurred on Jul 17 ’24 and was made at $46.55 per share for $0.19 million. Following the transaction, the insider now directly holds 17536.0 shares of the TPG stock.
Still, SEC filings show that on Feb 28 ’24, MESSEMER DEBORAH M. (Director) disposed off 6,390 shares at an average price of $43.97 for $0.28 million. The insider now directly holds 18,033 shares of TPG Inc (TPG).
