Kenneth A. McCullum, an insider at Principal Financial Group Inc (PFG), recently acquired 45,707 shares of the company. The transaction took place on December 9, 2025, with shares priced at $62.78 each, bringing the total value of the purchase to $2.87 million. Following this transaction, McCullum holds a total of 45,707 shares in Principal Financial Group.
This move underscores a trend among insiders who often have access to non-public information about their company. When they invest their own capital, it can indicate confidence in the company's future prospects. However, it's crucial to remember that insider transactions should not be the sole factor in investment decisions, as there may be various personal or regulatory reasons behind such buying or selling activities.
Insider transactions are reported to the SEC, providing transparency regarding how executives and board members view their stock. While McCullum's purchase is noteworthy, investors are encouraged to look at patterns of insider activity across multiple insiders and time periods for a more comprehensive view.
Principal Financial Group, based in Des Moines, Iowa, operates in the insurance industry and provides a range of financial products and services, including retirement and asset management solutions. As of November 25, 2025, the company has a market cap of $18.7 billion, a P/E ratio of 11.86, and an EPS of 6.87. The company is set to report its upcoming earnings on July 27, 2026, with an estimated EPS of $2.35 and revenue of $4.3 billion.