Ukraine proposes $100 bln US weapons deal for security guarantees - FT
Northern Trust (NASDAQ:NTRS), a $25.09 billion financial services company trading near its 52-week high of $133, saw Vice Chairman Steven L. Fradkin sell a total of $2.83 million in company stock, according to a Form 4 filing with the Securities and Exchange Commission. The sales occurred between July 28 and July 30, 2025. InvestingPro analysis indicates the stock is slightly undervalued, with an impressive 52.52% return over the past year.
Fradkin disposed of 21,680 shares of Northern Trust common stock in a series of transactions. All sales were executed at prices ranging from $129.37 to $132.50. The company, known for maintaining dividend payments for 55 consecutive years, currently trades at a P/E ratio of 15.32. For deeper insights into Northern Trust’s valuation and growth prospects, including 8 additional exclusive ProTips, visit InvestingPro.
On July 28, Fradkin sold 8,775 shares at a weighted average price of $129.52 and 3,450 shares at a weighted average price of $129.37. On July 29, he sold 5,680 shares at a weighted average price of $132.11. The final transaction occurred on July 30, with the sale of 3,775 shares at $132.50.
Following these transactions, Fradkin directly holds 43,593 shares and indirectly holds 155,596 shares through a trust. He also indirectly holds 1,762 shares as spouse trustee for daughter, 1,762 shares as spouse trustee for son and 12,357.79 shares in 401(k) as of June 30, 2025.
In other recent news, Northern Trust Corporation reported stronger-than-expected earnings for the second quarter of 2025. The company achieved earnings per share of $2.13, surpassing the forecasted $2.05. Revenue also exceeded expectations, reaching $2 billion compared to the anticipated $1.96 billion. Additionally, Northern Trust announced a new $2.5 billion stock repurchase program, which replaces its previous authorization from October 2021. This program allows the company to repurchase shares through various methods without an expiration date. In analyst updates, Wolfe Research upgraded Northern Trust from Underperform to Peerperform, citing a more constructive outlook following the company’s second-quarter earnings report. These developments reflect recent strategic and financial moves by Northern Trust.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.