Powell speech takes center stage in Tuesday’s economic events
Ross Stores (NASDAQ:ROST), the $49.3 billion specialty retailer currently trading at $151.55, saw CEO James Grant Conroy sell 39,351 shares of common stock on September 24, 2025, at a price of $146.0, totaling $5,745,246. According to InvestingPro analysis, the stock is currently fairly valued and trades with notably low volatility.
Following the transaction, Conroy directly owns 157,153 shares of Ross Stores, Inc.
Additionally, Conroy holds 51,164 Performance-Based Restricted Stock Units (PRSUs), each representing a contingent right to receive one share of Ross Stores common stock.
In other recent news, Ross Stores has announced a significant leadership change with the appointment of William Sheehan as the new Chief Financial Officer, effective October 1, 2025. This transition follows the retirement of current CFO Adam Orvos. In terms of stock analysis, TD Cowen has raised its price target for Ross Stores to $162, maintaining a Buy rating, while UBS has adjusted its target to $147 with a Neutral rating, citing a potential growth outlook surpassing department store peers. Additionally, Bernstein has reiterated its Market Perform rating with a $147 price target, noting an "optimistically cautious" stance following second-quarter results and fiscal year guidance. Wells Fargo increased its price target to $165, highlighting improved sales momentum and better-than-expected tariff pressures. These developments reflect a mix of strategic leadership changes and varied analyst perspectives on the company’s financial trajectory.
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