Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
💰 Hidden Value: These stocks are trading at deep discounts to true worth
Get the list
LPL Financial: group managing director Gates sells $235,814 in stock
Published Oct 08, 2025 22:30
Group Managing Director Greg Gates of LPL Financial Holdings Inc (NASDAQ:LPLA) sold 740 shares of common stock on October 6, 2025, for a total value of $235,814. The sales were executed at prices ranging from $312.15 to $320.27. The stock currently trades at $325.12, with InvestingPro analysis indicating the company is trading below its Fair Value. The company maintains a "GOOD" Financial Health score, and analysts have set a high price target of $504.
The transactions were disclosed in a Form 4 filing with the Securities and Exchange Commission. Following the reported transactions, Gates directly owns 16,870 shares of LPL Financial Holdings Inc.
The sales were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 7, 2025.
In other recent news, LPL Financial Holdings reported a significant increase in total advisory and brokerage assets, reaching $2.26 trillion by the end of August 2025. This represents a 16.7% increase from July, primarily driven by the acquisition of Commonwealth Financial Network, which contributed $275 billion in net new assets. Excluding the acquisition, LPL Financial recorded $17.8 billion in organic net new assets, translating to an 11% annualized growth rate. Additionally, LPL Financial and Prudential Financial announced an expansion of their partnership to develop a new retirement income strategy for LPL’s managed accounts platform. This initiative aims to provide financial advisors with solutions to protect against longevity risk and market volatility.
In terms of analyst activity, BMO Capital initiated coverage on LPL Financial with an Outperform rating and a price target of $365.00, highlighting the company’s growth potential. Meanwhile, Rothschild Redburn downgraded LPL Financial from Buy to Neutral, citing a focus on integrating CFN over the next 12-18 months. On the other hand, Goldman Sachs reinstated LPL Financial with a Buy rating and a price target of $405.00, noting the company’s recent underperformance compared to peers. These developments reflect a mix of strategic growth initiatives and varied analyst perspectives on LPL Financial’s future performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Related Articles
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.