Resources Connection (RGP) President Wayne Buys 3,221 Shares

Lane Michael Wayne, the President of RGP, purchased 3,221 shares of the company on June 19, 2026. This insider buying activity comes as RGP shares traded around $4.09 on Wednesday. Wayne's purchase was not part of a pre-planned trading program.

Insider Buying and Selling at Resources Connection, Inc.

Several other RGP executives also bought shares on June 19, 2026. Roger Carlile, the President and CEO, acquired 11,728 shares. Jennifer Ryu, the CFO, bought 2,231 shares, while Scott Glenn Rottmann, another President, added 3,428 shares to his holdings. Other insiders, including Marco Von Maltzan and Venkataraman Ramaswamy Iyer, also participated in the buying spree.

Other Institutional Activity in RGP

Among institutional investors, BlackRock, Inc. trimmed its holdings by 317,621 shares, leaving it with 2,747,203 shares worth approximately $10.25 million. Tieton Capital Management, LLC increased its stake by 194,123 shares, ending with 2,452,930 shares valued at about $9.15 million. Brandes Investment Partners, LP grew its position by 368,834 shares, now holding 1,811,479 shares, valued at $6.76 million. Circumference Group LLC maintained its position without any change, holding 1,389,243 shares. Meanwhile, Vanguard Capital Management LLC opened a new position with 1,367,041 shares, valued at around $5.10 million. SEI Investments Co significantly boosted its stake by 700,943 shares, totaling 1,329,568 shares worth $4.96 million.

Analysts Set New Price Targets

On September 24, 2025, Northcoast Research initiated coverage on RGP with a 'buy' rating and a price target of $7.00. Previously, JP Morgan maintained a 'sell' rating with varying targets, including $5.00 on April 3, 2025. Noble Financial, on May 29, 2024, maintained a 'buy' rating with a target of $15.00, while Robert W. Baird kept a 'hold' rating with a $13.00 target on April 4, 2024.

Bottom Line

The recent insider buying at RGP, led by President Lane Michael Wayne, suggests confidence from the company's leadership. Institutional investors have shown mixed actions, with some reducing and others increasing their stakes. While analysts have varied views on RGP's prospects, the insider activity indicates a potential interest in the company's future performance. As always, these transactions reflect past actions and may not indicate future stock movements.