Wells Fargo Executive Jason Rosenberg Sells Shares

Jason Rosenberg, Senior Executive Vice President and Head of Public Affairs at Wells Fargo & Company, sold 17,218 shares of the bank's stock on June 15, 2026. The transaction wasn't part of a pre-arranged plan.

Insider Buying and Selling at Wells Fargo & Company

On June 15, 2026, Jason Rosenberg sold 17,218 shares of Wells Fargo stock. This sale follows a previous purchase of the same number of shares on the same day. The sale was not part of a Rule 10b5-1 plan, which is often used to schedule trades ahead of time to avoid accusations of insider trading.

Other Institutional Activity in Wells Fargo

Among Wells Fargo's institutional investors, BlackRock, Inc. trimmed its holdings by 1,584,590 shares, leaving it with 260,798,584 shares valued at approximately $20.76 billion. Vanguard Capital Management LLC added a significant 200,762,402 shares, bringing its total to the same number, valued at around $15.98 billion. FMR LLC reduced its position by 24,011,255 shares, holding 161,693,928 shares worth about $12.87 billion. State Street Corp decreased its stake by 1,594,663 shares to 135,493,574 shares, valued at about $10.79 billion. Geode Capital Management, LLC increased its holdings by 1,465,445 shares, totaling 73,848,013 shares valued at approximately $5.86 billion.

Wells Fargo Stock Snapshot

Shares of NYSE:WFC were trading around $85.05. Wells Fargo has a market capitalization of about $260.3 billion, with a P/E ratio of 13.15 and a forward P/E of 10.77. The stock's beta is 0.93, indicating less volatility compared to the market. It has traded between $72.57 and $97.76 over the past 52 weeks, with a 50-day moving average of $79.73 and a 200-day moving average of $84.19.

Recent Earnings

Wells Fargo reported revenues of $81.14 billion, reflecting a growth of 5.7%. The company's earnings per share (EPS) stood at $6.47, with a net margin of 26.74% and a return on equity (ROE) of 12.03%. The next earnings report is scheduled for July 14, 2026.

Dividend

Wells Fargo offers an annual dividend rate of $1.80, yielding 2.12% with a payout ratio of 27.05%. This makes it a potentially attractive option for income-focused investors.

Analysts Set New Price Targets

On April 30, 2026, JP Morgan maintained its 'hold' rating on Wells Fargo with a price target of $86.50. Piper Sandler reiterated its 'buy' rating with a target of $94.00 on April 15, 2026. Barclays also maintained a 'buy' rating, setting a target of $108.00. The consensus among 22 analysts is a 'buy' rating, with a mean target price of $96.11.

About Wells Fargo & Company

Wells Fargo & Company is a major financial services firm headquartered in San Francisco, California. It offers a range of banking, investment, mortgage, and consumer and commercial finance products and services. The company operates through four main segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. With Charles W. Scharf as CEO, Wells Fargo employs nearly 201,000 people and has a significant presence both in the U.S. and internationally.

Bottom Line

Jason Rosenberg's recent sale of Wells Fargo shares is a notable move, though it wasn't planned in advance. Wells Fargo remains a significant player in the financial sector, with its stock trading at a reasonable valuation and offering a steady dividend. As always, 13F filings and insider transactions provide a backward-looking view of holdings and trades, and investors should consider multiple factors when assessing a stock.