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BlackRock, Inc. (NYSE:BLK), the $174 billion asset management giant, saw Senior Managing Director Rachel Lord sell 18,036 shares of common stock on July 25, 2025, in a series of transactions with prices ranging from $1,123.3479 to $1,129.6128, for a total value of $20.3 million. The sale occurred as BlackRock’s stock trades near its 52-week high of $1,130.66, having delivered a 34% return over the past year.
On the same day, Lord also exercised options to acquire 18,036 shares of BlackRock common stock at a price of $513.50, for a total value of $9,261,486. According to InvestingPro analysis, BlackRock’s shares are currently trading slightly above their Fair Value.
Following these transactions, Lord directly owns 19,205 shares of BlackRock, Inc. common stock, which includes restricted stock units that will vest over a period of 1 to 3 years. For deeper insights into insider trading patterns and 10+ additional ProTips about BlackRock, check out the comprehensive research available on InvestingPro.
In other recent news, BlackRock Inc (BVMF:BLAK34). reported impressive financial results for the second quarter of 2025, with earnings per share reaching $12.05, surpassing the analysts’ forecast of $10.6. The company also reported revenue of $5.42 billion, slightly above the expected $5.41 billion. In addition to these financial developments, BlackRock’s Board of Directors declared a quarterly cash dividend of $5.21 per share, payable in September 2025. On the mergers and acquisitions front, BlackRock is leading a consortium in advanced discussions to acquire a $10 billion stake in Saudi Aramco (TADAWUL:2222)’s Jafurah natural gas project. Meanwhile, Keefe, Bruyette & Woods adjusted BlackRock’s stock price target to $1,215 from $1,260, citing margin pressure, although they maintained an Outperform rating. Furthermore, BlackRock has advised its employees traveling to China to use loaner phones and leave company laptops behind, highlighting security concerns. These developments provide a snapshot of BlackRock’s recent activities and strategic decisions.
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