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Andrew C. McCormick net worth and biography

Andrew McCormick Biography and Net Worth

VP of T. Rowe Price Group

Andy McCormick is the head of Global Fixed Income and chief investment officer (CIO) of the Fixed Income Division. He is chairman of the Fixed Income Steering Committee and a member of the firm's Management, Investment Management Steering, and Product Strategy Committees. He also is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price Trust Company.

Andy's investment experience began in 1983, and he has been with T. Rowe Price since 2008, beginning as a portfolio manager in the Fixed Income Division. He was the head of the U.S. Taxable team, led the securitized team, and was a portfolio manager for the GNMA and Total Return Bond Strategies before becoming the head of Fixed Income in 2019. In 2021, he assumed his current CIO role. Prior to T. Rowe Price, Andy spent 13 years on Wall Street trading mortgages and agency securities, 10 years at Fannie Mae managing significant mortgage assets, and two years working with a hedge fund manager and mortgage real estate investment trust firm.

Andy earned a B.S. in finance from Syracuse University.

What is Andrew C. McCormick's net worth?: The estimated net worth of Andrew C. McCormick is at least $7.48 million as of September 27th, 2023. Mr. McCormick owns 64,440 shares of T. Rowe Price Group stock worth more than $7,482,773 as of December 21st. This net worth estimate does not reflect any other assets that Mr. McCormick may own. Learn More about Andrew C. McCormick's net worth.
How do I contact Andrew C. McCormick?: The corporate mailing address for Mr. McCormick and other T. Rowe Price Group executives is 100 EAST PRATT STREET, BALTIMORE MD, 21202. T. Rowe Price Group can also be reached via phone at (410) 345-2000 and via email at [email protected]. Learn More on Andrew C. McCormick's contact information.
Has Andrew C. McCormick been buying or selling shares of T. Rowe Price Group?: Andrew C. McCormick has not been actively trading shares of T. Rowe Price Group in the last ninety days. Most recently, Andrew C. Mccormick sold 5,040 shares of the business's stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $103.63, for a transaction totalling $522,295.20. Following the completion of the sale, the vice president now directly owns 64,440 shares of the company's stock, valued at $6,677,917.20. Learn More on Andrew C. McCormick's trading history.
Who are T. Rowe Price Group's active insiders?: T. Rowe Price Group's insider roster includes Christopher Alderson (VP), Mary Bush (Director), Jessica Hiebler (Insider), Robert Higginbotham (VP), Freeman Hrabowski, III (Director), Robert MacLellan (Director), Andrew McCormick (VP), David Oestreicher (VP), Sebastien Page (VP), Dorothy Sawyer (Head of Global Distribution), Robert Sharps (President), William Stromberg (CEO), and Justin Thomson (VP). Learn More on T. Rowe Price Group's active insiders.
Are insiders buying or selling shares of T. Rowe Price Group?: In the last year, insiders at the asset manager sold shares 8 times. They sold a total of 32,822 shares worth more than $3,677,098.07. The most recent insider tranaction occured on December, 10th when VP Andrew Justin Mackenzi Thomson sold 4,047 shares worth more than $499,197.45. Insiders at T. Rowe Price Group own 2.0% of the company. Learn More about insider trades at T. Rowe Price Group.
Information on this page was last updated on 12/10/2024.

Andrew C. McCormick Insider Trading History at T. Rowe Price Group

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/27/2023	Sell	5,040	$103.63	$522,295.20	64,440
2/10/2023	Sell	14,154	$116.73	$1,652,196.42	70,319
8/12/2020	Sell	3,500	$139.05	$486,675.00

Andrew C. McCormick Buying and Selling Activity at T. Rowe Price Group

T. Rowe Price Group Company Overview

T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Shanghai, China; Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, Amsterdam, Netherlands and Washington, DC.

Today's Range

Now: $116.12

$112.11

$116.77

50 Day Range

MA: $117.50

$109.46

$124.69

2 Week Range

Now: $116.12

$100.49

$125.81

Volume

4,136,218 shs

Average Volume

1,290,846 shs

Market Capitalization

$25.80 billion

P/E Ratio

12.70

Dividend Yield

4.40%

Beta

1.42

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