A Director at Principal Financial (PFG) is Buying Shares


Today, a Director at Principal Financial (PFG), Daniel Gelatt, bought shares of PFG for $1.2M.

Following this transaction Daniel Gelatt’s holding in the company was increased by 21.99% to a total of $6.66 million. Following Daniel Gelatt’s last PFG Buy transaction on February 23, 2016, the stock climbed by 14.3%.

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PFG’s market cap is $13.62B and the company has a P/E ratio of 6.49. Currently, Principal Financial has an average volume of 1.35M.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $64.00, reflecting a 32.6% upside.

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The Principal Financial Group, Inc. is a global financial company, which offers businesses, individuals and institutional clients financial products and services. It specializes in retirement solutions, insurance, and investment products through the company’s diverse family of financial services companies and national network of financial professionals.

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