Principal Financial Group Inc (NYSE:PFG) : During the past 4 weeks, traders have been relatively bearish on Principal Financial Group Inc (NYSE:PFG), hence the stock is down -3.65% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.16% relative to the S&P 500. The stock has risen by 1.12% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.1% in the past 4 weeks.
The company shares have dropped -20.31% from its 1 Year high price. On Aug 14, 2015, the shares registered one year high at $58.02 and the one year low was seen on Feb 2, 2016. The 50-Day Moving Average price is $42.34 and the 200 Day Moving Average price is recorded at $40.65.
The stock has recorded a 20-day Moving Average of 0.4% and the 50-Day Moving Average is 1.51%.
Principal Financial Group Inc (NYSE:PFG): stock turned positive on Friday. Though the stock opened at $40.98, the bulls momentum made the stock top out at $41.68 level for the day. The stock recorded a low of $40.94 and closed the trading day at $41.59, in the green by 3.51%. The total traded volume for the day was 1,492,818. The stock had closed at $40.18 in the previous days trading.
In an insider trading activity, Elming Gregory Bernard, officer (SVP & Chief Risk Officer) of Principal Financial Group Inc, unloaded 46,770 shares at an average price of $43.73 on June 22, 2016. The total amount of the transaction was worth $2,045,252, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Principal Financial Group, Inc. is an investment management company. The Company offers businesses, individuals and institutional clients a range of financial products and services, including retirement, asset management and insurance through its financial services companies. Its segments include Retirement and Investor Services, Principal Global Investors, Principal International, and U.S. Insurance Solutions. Its Retirement and Investor Services segment provides retirement and related financial products and services primarily to businesses, their employees and other individuals. The Principal Global Investors segment provides asset management services.. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities and life insurance accumulation products. The U.S. Insurance Solutions segment offers individual and group insurance solutions.