New insider activity at Franklin Resources ( (BEN) ) has taken place on March 6, 2025.
Significant shareholder Charles B. Johnson has made a notable investment by purchasing 100,000 shares of Franklin Resources stock, with the transaction valued at $1,957,000.
Recent Updates on BEN stock
Franklin Resources recently reported its preliminary month-end assets under management (AUM) at $1.58 trillion for February 2025, consistent with the previous month, despite experiencing $10 billion in long-term net outflows. The stock has seen mixed analyst actions, with some downgrading it to ‘sell’ due to cuts in EPS estimates and elevated expenses, while others raised the price target citing potential market recovery and strategic adjustments. Additionally, the company filed an automatic mixed securities shelf, which could indicate plans for future capital raising or restructuring.
More about Franklin Resources
YTD Price Performance: -2.88%
Average Trading Volume: 4,120,120
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.28B