Exchange: NASDAQ·Updated 07:30 PM EDT
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LPLA LPL Financial Holdings Inc

$330.88
$2.88
(0.88%)
Today
Closed $330.88
$0.00
(0.00%)
After Hours
EarningsOct 27
Mkt Cap$25.83B
Vol585,054.00

About LPLA

LPL Financial Holdings, Inc. operates as an advisor-mediated marketplace as an independent broker-dealer and is an investment advisory firm and a custodian. It offers integrated technology solutions, brokerage and advisory platforms, clearing, compliance, business and planning and advice services, consultative practice management programs, and training. The company provides personalized financial guidance to American families seeking wealth management, retirement planning, financial planning, and asset management solutions. LPL Financial Holdings was founded in 1989 and is headquartered in San Diego, CA.
50

Neutral Sentiment

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LPL Financial shares came under pressure after the company announced that President and CFO Matt Audette had joined Valero Energy’s board, prompting investors to reassess the availability of one of LPL’s key senior executives. Audette oversees financial planning, risk, compliance, client operations and corporate development, making his additional board role a potential concern for shareholders. Investors also weighed the potential impact of AI agents, including Meta’s Muse, on client asset flows in the U.S. Before the session, TD Cowen maintained a Hold rating with a $377 price target, while Truist recently initiated coverage at Hold with a $389 target, suggesting limited near-term upside. Trading volume was well below LPL’s average, potentially amplifying the stock’s decline. LPL had already underperformed the S&P 500 over the previous six months, leaving the stock technically vulnerable. $LPLA $META

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