Perella Weinberg Partners (NASDAQ: PWP) is -17.62% lower on its value in year-to-date trading and has touched a low of $11.68 and a high of $27.03 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PWP stock was last observed hovering at around $19.28 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $19.64, the stock is -10.17% and -16.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 1.87% at the moment leaves the stock -5.21% off its SMA200. PWP registered 47.56% gain for a year compared to 6-month gain of 9.84%. The firm has a 50-day simple moving average (SMA 50) of $23.5026 and a 200-day simple moving average (SMA200) of $20.7193.
The stock witnessed a -16.96% loss in the last 1 month and extending the period to 3 months gives it a -21.91%, and is -4.80% 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 6.94% over the week and 4.84% over the month.
Perella Weinberg Partners (PWP) has around 691 employees, a market worth around $1.71B and $878.04M in sales. Fwd P/E is 11.35. Profit margin for the company is -7.37%. Distance from 52-week low is 68.15% and -27.34% from its 52-week high.
with sales reaching $199.01M over the same period.The EPS is expected to grow by 39.84% this year, but quarterly earnings will post 15.92% year-over-year. Quarterly sales are estimated to grow 94.87% in year-over-year returns.
238.0 institutions hold shares in Perella Weinberg Partners (PWP), with institutional investors hold 92.52% of the company’s shares. The shares outstanding are 59.18M, and float is at 55.53M with Short Float at 5.08%. Institutions hold 89.83% of the Float.
The top institutional shareholder in the company is FMR LLC with over 7.88 million shares valued at $128.13 million. The investor’s holdings represent 16.0256 of the PWP Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.87 million shares valued at $62.9 million to account for 7.8676 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.81 million shares representing 5.7022 and valued at over $45.59 million, while AZORA CAPITAL LP holds 4.2145 of the shares totaling 2.3 million with a market value of $37.39 million.
Perella Weinberg Partners (PWP) Insider Activity
The most recent transaction is an insider sale by Weinberg Peter A, the company’s Chairman. SEC filings show that Weinberg Peter A sold 81,870 shares of the company’s common stock on Mar 03 ’25 at a price of $22.57 per share for a total of $1.85 million. Following the sale, the insider now owns 0.34 million shares.
Perella Weinberg Partners disclosed in a document filed with the SEC on Mar 04 ’25 that Weinberg Peter A (Chairman) sold a total of 59,130 shares of the company’s common stock. The trade occurred on Mar 04 ’25 and was made at $21.03 per share for $1.24 million. Following the transaction, the insider now directly holds 0.28 million shares of the PWP stock.
Still, SEC filings show that on Mar 03 ’25, RED HOOK CAPITAL LLC (Director) Proposed Sale 141,000 shares at an average price of $23.11 for $3.26 million. The insider now directly holds shares of Perella Weinberg Partners (PWP).
