Keefe Bruyette has recently resumed Perella Weinberg Partners (PWP) stock to Outperform rating, as announced on January 29, 2024, according to Finviz. Earlier, on January 9, 2024, Goldman had reduced the stock from a Buy to Sell, setting a price target of $11.50 for PWP stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Perella Weinberg Partners (PWP) Stock Trading Recap
On Thursday, Perella Weinberg Partners (PWP) stock saw a modest uptick, ending the day at $16.83 which represents a slight increase of $0.32 or 1.94% from the prior close of $16.51. The stock opened at $16.45 and touched a low of $15.81 during the day, reaching a high of $17.21. The volume of shares traded was 0.62 million falling short of the average volume of 0.83 million.
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PWP Stock Performance and Moving Averages
In recent trading, Perella Weinberg Partners (PWP) stock price has shown some volatility, fluctuating 7.61% over the last five trades and -18.14% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -22.97%, and it has plunged by -34.94% in the previous three months. Currently, PWP is trading at 0.30%, -13.58%, and -20.24% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, PWP, a Financial sector stock, is trading -37.74% below its 52-week high but remains 44.09% above its 52-week low. The Average True Range (ATR) (14 days) of 1.23 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Perella Weinberg Partners’s Profitability and Valuation Ratios
Perella Weinberg Partners’s profitability metrics reveal financial health. The company currently boasts an operating margin of -8.94% and a profit margin of -7.37%, with a gross margin of -22.97%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Perella Weinberg Partners’s market capitalization stands at $1.49 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 10.65. Additionally, the Price-to-Sales Ratio is 1.69, reflecting the market’s valuation of the company’s sales.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 6.39% of Perella Weinberg Partners (PWP)’s shares, while financial institutions hold 84.67%.
Notable insider trades include Weinberg Peter A, Chairman at Perella Weinberg Partners (PWP), who sold 101,018 shares on Apr 01 ’25, at $18.45 each, totaling $1.86 million. On Apr 02 ’25, Weinberg Peter A, Chairman, sold 39,982 shares for $19.16 each, amounting to $0.77 million. Additionally, on Mar 03 ’25, Weinberg Peter A sold 81,870 shares at $22.57 each, generating $1.85 million.
