Michael Todman Purchases Shares of PRU

Michael Todman acquired 170 shares of PRU on June 11, 2026.

Key Points

  • Michael Todman bought 170 shares of PRU at $106.51 each, totaling $18,106.70.
  • PRU shares are trading around $108.50, with significant holdings by BlackRock and Vanguard.
  • Analysts have mixed ratings on PRU, with targets ranging from $87 to $105.

Michael Todman recently acquired 170 shares of PRU at a price of $106.51 each, with the transaction taking place on June 11, 2026. This purchase was not part of a pre-planned trading arrangement, and the total value of the transaction was approximately $18,106.70.

Other Institutional Activity in PRU

In recent institutional activity, BlackRock, Inc. increased its holdings in PRU by 1,018,160 shares, bringing its total to 33,466,367 shares valued at approximately $3.27 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both hold significant positions, with 22,581,014 and 16,287,591 shares respectively, after substantial additions. Meanwhile, State Street Corp reduced its stake by 278,480 shares, now holding 16,955,581 shares worth about $1.66 billion. Geode Capital Management, LLC notably boosted its position by 1,505,523 shares, now totaling 11,039,329 shares valued at $1.08 billion.

Insider Buying and Selling at Prudential Financial, Inc.

On the same day as Todman's purchase, several other insiders also acquired shares of PRU. Martina Hundmejean bought 197 shares, Thomas Stoddard purchased 23 shares, and Andrew Sullivan, the CEO, acquired 158 shares. Other insiders such as Christine Poon, Sandra Pianalto, and Carmine Di Sibio also made purchases, with 54, 23, and 41 shares respectively. All transactions were at the same price of $106.51 per share and were not part of any pre-arranged trading plans.

Analysts Set New Price Targets

Analyst activity around PRU has been mixed. On May 12, 2026, Wells Fargo maintained a 'sell' rating with a price target of $100. Piper Sandler, on May 11, 2026, kept a 'hold' rating and set a target of $105. Barclays also maintained a 'sell' rating with a $90 target on May 6, 2026. Notably, Morgan Stanley downgraded PRU to 'sell' with a $92 target on May 4, 2026. The overall analyst consensus suggests caution, with a range of price targets indicating varied expectations.

Bottom Line

Michael Todman's recent purchase of PRU shares adds to the noteworthy insider activity at the company. Investors often monitor such transactions for potential signals about company prospects. PRU's stock is currently trading near $108.50, amidst diverse institutional and analyst perspectives. Keep in mind that insider and institutional activities are backward-looking and may not reflect current positions.

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.