Equitable Holdings director Charles Stonehill sells $386k in shares
Charles G.T. Stonehill, a director at Equitable Holdings, sold a total of 7,500 shares of the company's common stock on August 6, 2026. This transaction was valued at $386,554, with shares sold at prices ranging from $51.50 to $51.62 per share, resulting in a weighted average sales price of $51.5406. After completing the sale, Mr. Stonehill currently owns 34,357 shares of Equitable Holdings common stock directly.
The stock of Equitable Holdings (EQH) is currently trading at $53.09, marking a 22% increase over the past six months. However, InvestingPro analysis suggests that the stock may be overvalued compared to its Fair Value. Despite this, insights from 6 analysts indicate recent upward revisions in earnings, and the company has a record of raising its dividend for 8 consecutive years.
Investors interested in a detailed analysis can refer to the Pro Research Report available for EQH and 1,400+ other US equities. Recently, Equitable Holdings reported its second-quarter 2026 financial results, showing adjusted earnings per share of $1.75, which beat the estimated $1.67. However, the company experienced a significant revenue shortfall, with actual revenue of $1.66 billion falling short of the anticipated $3.85 billion. Management attributed this discrepancy to record assets and strong inflows.
The company also reported progress on the Corebridge merger as a notable development. Despite the mixed financial performance, there was minimal immediate impact on the stock's after-hours trading. These developments have garnered attention from investors and analysts alike. This report was generated with AI support and reviewed by an editor.
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