PJT Partners Inc (NYSE: PJT) is 21.23% higher on its value in year-to-date trading and has touched a low of $71.47 and a high of $136.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PJT stock was last observed hovering at around $123.01 in the last trading session, with the day’s gains setting it 0.49%.
Currently trading at $123.50, the stock is 1.01% and 4.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 0.40% at the moment leaves the stock 20.13% off its SMA200. PJT registered 57.32% gain for a year compared to 6-month gain of 17.97%.
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The stock witnessed a -2.51% loss in the last 1 month and extending the period to 3 months gives it a 15.78%, and is -1.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.65% over the week and 2.31% over the month.
PJT Partners Inc (PJT) has around 1012 employees, a market worth around $2.94B and $1.30B in sales. Current P/E ratio is 31.32 and Fwd P/E is 23.94. Profit margin for the company is 7.96%. Distance from 52-week low is 72.80% and -9.78% from its 52-week high. The company has generated returns on investments over the last 12 months (23.16%).
The EPS is expected to grow by 31.93% this year.
PJT Partners Inc (PJT) Top Institutional Holders
405.0 institutions hold shares in PJT Partners Inc (PJT), with institutional investors hold 95.25% of the company’s shares. The shares outstanding are 24.19M, and float is at 21.93M with Short Float at 4.74%. Institutions hold 87.64% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.6 million shares valued at $388.6 million. The investor’s holdings represent 14.0173% of the PJT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.4 million shares valued at $$259.03 million to account for 9.3438 of the shares outstanding. The other top investors are STATE STREET CORP which holds 0.95 million shares representing 3.6895% and valued at over $102.28 million, while CLEARBRIDGE INVESTMENTS, LLC holds 3.2173 of the shares totaling 0.83 million with a market value of $89.19 million.
PJT Partners Inc (PJT) Insider Activity
The most recent transaction is an insider sale by Cornwell Kievdi Don,the company’sDirector. SEC filings show that Cornwell Kievdi Don sold 11,586 shares of the company’s common stock on Aug 29 ’24 at a price of $123.49 per share for a total of $1.43 million. Following the sale, the insider now owns 8339.0 shares.
PJT Partners Inc disclosed in a document filed with the SEC on Aug 30 ’24 that Cornwell Kievdi Don (Director) sold a total of 3,999 shares of the company’s common stock. The trade occurred on Aug 30 ’24 and was made at $123.21 per share for $0.49 million. Following the transaction, the insider now directly holds 4340.0 shares of the PJT stock.
Still, SEC filings show that on Aug 30 ’24, K DON CORNWELL (Director) Proposed Sale 3,999 shares at an average price of $123.21 for $0.49 million. The insider now directly holds shares of PJT Partners Inc (PJT).
