Kathryn Horgan, Executive Vice President at State Street Corporation (NYSE: STT), executed a sale of 5,523 shares of the company’s common stock on July 21, 2026. The transaction was completed at a price of $184.17 per share, resulting in a total value of approximately $1,017,170. This disposal was carried out in accordance with a Rule 10b5-1 trading plan that Horgan had adopted on March 12, 2026. Following this transaction, her direct beneficial ownership in State Street common stock stands at 103,171 shares.
The sale takes place as State Street’s shares have appreciated by more than 70% over the past year, with the stock currently trading at $184.21. According to analysis from InvestingPro, the equity remains undervalued relative to its Fair Value, a classification that places it on the platform’s list of Most Undervalued stocks. For investors seeking comprehensive insights, a detailed Pro Research Report on State Street is available, offering actionable intelligence derived from complex data analysis.
In related developments, State Street Corp. reported second-quarter 2026 earnings that exceeded Wall Street expectations. The company’s adjusted earnings per share were $3.65, surpassing analyst estimates of $3.32. Revenue also outperformed forecasts, reaching $4.05 billion compared to the anticipated $3.86 billion. This represents a 17% increase in revenue from the previous year, driven by strong client activity, record trading volumes, and higher assets under management. Despite the positive earnings report, State Street’s stock experienced a slight decline in premarket trading. These developments coincide with the company raising its financial outlook for the future.