TROW - Sell Alert: Higginbotham Robert C.T. Cashes Out $594K In T. Rowe Price Gr Stock | Benzinga
A substantial insider sell was reported on December 13, by Higginbotham, Robert C.T., Vice President at T. Rowe Price Gr (NASDAQ:TROW), based on the recent SEC filing.
What Happened: C.T.'s recent Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday unveiled the sale of 5,977 shares of T. Rowe Price Gr. The total transaction value is $594,146.
The latest market snapshot at Wednesday morning reveals T. Rowe Price Gr shares down by 0.76%, trading at $98.6.
Get to Know T. Rowe Price Gr Better
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of October 2023, the firm had $1.312 trillion in managed assets, composed of equity (51%), balanced (33%), fixed-income and money market (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just over 9% of its AUM from overseas.
T. Rowe Price Gr's Economic Impact: An Analysis
Revenue Growth: Over the ...