Wells Fargo Insider Jason Rosenberg Acquires Shares
Jason Rosenberg, SEVP at Wells Fargo, purchased 17,218 shares on June 15, 2026.
Key Points
- Jason Rosenberg, SEVP & Head of Public Affairs at Wells Fargo, bought 17,218 shares on June 15, 2026, indicating confidence in the company.
- Wells Fargo, trading at $85.05, has a market cap of $260.3 billion and a P/E ratio of 13.1.
- Analysts have set varied price targets for WFC, with Piper Sandler reiterating a buy rating at $94.
On June 15, 2026, Jason Rosenberg, the Senior Executive Vice President and Head of Public Affairs at Wells Fargo & Company, made a notable purchase of 17,218 shares. This move comes as the company's stock trades at $85.05 on the NYSE.
Insider Buying and Selling at Wells Fargo & Company
Jason Rosenberg's recent acquisition of 17,218 shares on June 15, 2026, was not part of a pre-planned 10b5-1 trading plan. This purchase adds to his position in the company, reflecting his ongoing involvement and stake in Wells Fargo's operations. Another insider, Richard Davis, also bought 3,436 shares at $81.50 on April 28, 2026.
Other Institutional Activity in Wells Fargo & Company
Among institutional investors, BlackRock, Inc. reduced its stake by 1,584,590 shares, ending with 260,798,584 shares valued at approximately $20.76 billion. Vanguard Capital Management LLC, however, significantly increased its holdings, adding 200,762,402 shares for a total of 200,762,402 shares worth about $15.98 billion. Meanwhile, FMR LLC cut its position by 24,011,255 shares, holding 161,693,928 shares valued at $12.87 billion.
Wells Fargo & Company Stock Snapshot
Wells Fargo & Company (NYSE: WFC) trades around $85.05 per share, with a market capitalization of $260.3 billion. The company boasts a P/E ratio of 13.1 and a forward P/E of 10.8. The stock has a 52-week range between $72.57 and $97.76, with a 50-day moving average of $79.73 and a 200-day moving average of $84.19.
Recent Earnings
Wells Fargo reported revenue of $81.14 billion, showing a growth of 5.7%. The company achieved a net margin of 26.7% and a return on equity of 12.0%. Its next earnings report is scheduled for July 14, 2026.
Dividend
The company offers an annual dividend rate of $1.80, yielding 2.12% with a payout ratio of 27.05%. This provides a steady income stream for investors.
Analysts Set New Price Targets
Analysts have been active in setting price targets for Wells Fargo. On April 15, 2026, Piper Sandler reiterated a buy rating with a target of $94. Barclays maintained a buy rating with a higher target of $108. Overall, the consensus recommendation is a buy, with an average target price of $96.11 among 22 analysts.
About Wells Fargo & Company
Wells Fargo & Company is a diversified financial services firm headquartered in San Francisco, California. It offers various banking, investment, mortgage, and consumer and commercial finance services across the United States and internationally. The company operates through segments including Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Led by CEO Charles W. Scharf, Wells Fargo employs approximately 200,999 people.
Bottom Line
Jason Rosenberg's recent purchase of Wells Fargo shares underscores his confidence in the company's future. As one of the largest banks in the U.S., Wells Fargo continues to attract attention from both insiders and institutional investors. With analysts maintaining a generally positive outlook, the stock remains a key player in the financial sector. Remember, insider transactions are just one piece of the puzzle, and investors should consider a comprehensive view when evaluating stocks.
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.
