Di Sibio Carmine Buys Shares of PRU
Di Sibio Carmine purchased 23 shares of PRU at $106.51 each.
Key Points
- Di Sibio Carmine bought 23 shares of PRU at $106.51 per share, totaling approximately $2,449.73.
- PRU shares were trading around $108.50, with recent insider buying activity including several executives.
- Analysts maintain a cautious stance on PRU, with recent ratings mostly 'sell' or 'hold', and price targets ranging from $87 to $105.
Di Sibio Carmine recently purchased 23 shares of PRU at $106.51 per share, totaling about $2,449.73. This transaction took place on June 11, 2026, and was not part of a pre-planned trading program.
Insider Buying and Selling at Prudential Financial, Inc.
On June 11, 2026, several insiders at PRU made purchases. Martina Hundmejean bought 197 shares, Thomas Stoddard acquired 23 shares, and CEO Andrew Sullivan purchased 158 shares, all at $106.51 per share. Christine Poon and Sandra Pianalto also bought 54 and 23 shares, respectively, at the same price. None of these transactions were pre-planned.
Other Institutional Activity in PRU
Among institutional investors, BlackRock, Inc. increased its holdings by 1,018,160 shares, now holding 33,466,367 shares valued at roughly $3.27 billion. Vanguard Capital Management LLC established a new position with 22,581,014 shares worth about $2.21 billion. State Street Corp reduced its stake by 278,480 shares, leaving it with 16,955,581 shares valued at approximately $1.66 billion. Geode Capital Management, LLC added 1,505,523 shares, raising its total to 11,039,329 shares, valued at around $1.08 billion.
Analysts Set New Price Targets
On May 12, 2026, Wells Fargo maintained a 'sell' rating on PRU with a $100 price target. Piper Sandler also kept a 'hold' rating, targeting $105 on May 11. Barclays maintained a 'sell' rating with a $90 target on May 6. Morgan Stanley downgraded PRU to 'sell' with a $92 target on May 4. Despite these ratings, the consensus remains cautious, with a mix of 'sell' and 'hold' recommendations.
Bottom Line
Di Sibio Carmine's recent purchase of PRU shares adds to a series of insider transactions, indicating some confidence among company executives. However, analysts remain cautious, as reflected in their ratings and price targets. Investors often watch insider buying closely, but it's essential to remember that these transactions offer a backward look at ownership changes and may not predict future performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.