Principal Financial Group Inc. has reduced its stake in LifeStance Health Group Inc. by 10.2%, now holding 3.07 million shares valued at $16.87 million. Insider selling has also occurred, with key executives divesting shares, though insiders still own 6.6% of the company. Despite insider sales, analyst sentiment is turning positive, with several firms upgrading ratings and a consensus “Moderate Buy” rating with an average price target of $9.00.
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Principal Financial Group Inc. Has $16.87 Million Stock Holdings in LifeStance Health Group, Inc. $LFST
Principal Financial Group Inc. has reduced its stake in LifeStance Health Group Inc. by 10.2%, now holding 3.07 million shares valued at $16.87 million. Insider selling has also occurred, with key executives divesting shares, though insiders still own 6.6% of the company. Despite insider sales, analyst sentiment is turning positive, with several firms upgrading ratings and a consensus “Moderate Buy” rating with an average price target of $9.00.