LPL Financial Holdings Inc. $LPLA Shares Sold by MGO One Seven LLC

Posted by Francis Steltz on May 16th, 2026

MGO One Seven LLC trimmed its position in shares of LPL Financial Holdings Inc. (NASDAQ:LPLA – Free Report) by 77.4% during the fourth quarter, HoldingsChannel reports. The fund owned 961 shares of the financial services provider’s stock after selling 3,288 shares during the quarter. MGO One Seven LLC’s holdings in LPL Financial were worth $343,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Osterweis Capital Management Inc. acquired a new position in shares of LPL Financial during the second quarter worth about $26,000. Chung Wu Investment Group LLC purchased a new stake in LPL Financial during the third quarter worth about $27,000. Steigerwald Gordon & Koch Inc. boosted its holdings in LPL Financial by 550.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 78 shares of the financial services provider’s stock worth $28,000 after buying an additional 66 shares in the last quarter. Eastern Bank boosted its holdings in LPL Financial by 72.0% during the third quarter. Eastern Bank now owns 86 shares of the financial services provider’s stock worth $29,000 after buying an additional 36 shares in the last quarter. Finally, Westside Investment Management Inc. purchased a new stake in LPL Financial during the third quarter worth about $34,000. 95.66% of the stock is currently owned by institutional investors and hedge funds.

LPL Financial Stock Up 0.5%

Shares of NASDAQ LPLA opened at $299.73 on Friday. LPL Financial Holdings Inc. has a 12-month low of $281.51 and a 12-month high of $403.58. The company has a market capitalization of $23.97 billion, a PE ratio of 26.76, a price-to-earnings-growth ratio of 0.61 and a beta of 0.57. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.56 and a quick ratio of 2.56. The firm’s 50-day moving average is $307.77 and its two-hundred day moving average is $340.78.

LPL Financial (NASDAQ:LPLA – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The financial services provider reported $5.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.49 by $0.11. LPL Financial had a net margin of 4.93% and a return on equity of 31.26%. The company had revenue of $4.94 billion for the quarter, compared to the consensus estimate of $4.98 billion. During the same quarter in the prior year, the firm earned $5.15 earnings per share. The company’s revenue for the quarter was up 34.6% compared to the same quarter last year. Equities analysts anticipate that LPL Financial Holdings Inc. will post 22.98 EPS for the current fiscal year.

LPL Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, May 21st. LPL Financial’s dividend payout ratio is 10.71%.

Analysts Set New Price Targets

A number of research firms recently commented on LPLA. Citigroup reissued a “market outperform” rating on shares of LPL Financial in a report on Tuesday, February 3rd. TD Cowen decreased their price objective on shares of LPL Financial from $330.00 to $326.00 and set a “hold” rating on the stock in a report on Friday, May 1st. Barclays boosted their price objective on shares of LPL Financial from $369.00 to $412.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. UBS Group boosted their price objective on shares of LPL Financial from $380.00 to $395.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Finally, Citizens Jmp reissued a “market outperform” rating and set a $500.00 price objective on shares of LPL Financial in a report on Monday, April 6th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $398.86.

Read Our Latest Report on LPLA

Insider Buying and Selling at LPL Financial

In other LPL Financial news, CFO Matthew J. Audette sold 1,110 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $330.01, for a total value of $366,311.10. Following the sale, the chief financial officer owned 19,803 shares of the company’s stock, valued at $6,535,188.03. This represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Marc Eliot Cohen sold 1,088 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $309.72, for a total transaction of $336,975.36. Following the completion of the sale, the director directly owned 4,400 shares in the company, valued at $1,362,768. This trade represents a 19.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 8,569 shares of company stock valued at $2,720,733 over the last quarter. Corporate insiders own 0.60% of the company’s stock.

LPL Financial Company Profile

(Free Report)

LPL Financial (NASDAQ: LPLA) is a U.S.-focused financial services firm that provides brokerage, custodial and advisory platforms to independent financial advisors, registered investment advisers and institutions. Operating primarily as an independent broker-dealer and custodian, the company supports a network of advisors with the operational, compliance and clearing infrastructure needed to manage client accounts and deliver investment advice outside of traditional wirehouse models.

The firm’s product and service offerings include trade execution and clearing, custody services, retirement plan services, model portfolio and advisory platforms, wealth management technology, investment research and product access across equities, fixed income, mutual funds, exchange-traded funds and insurance and annuity solutions.