Perella Weinberg Partners’s recent filing unveils that its Director STEEL ROBERT K unloaded Company’s shares for reported $0.82 million on Dec 10 ’24. In the deal valued at $24.87 per share,32,943 shares were sold. As a result of this transaction, STEEL ROBERT K now holds 50,479 shares worth roughly $1.23 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, ROBERT STEEL bought 32,943 shares, generating $819,371 in total proceeds.
Before that, Weinberg Peter A sold 61,612 shares. Perella Weinberg Partners shares valued at $1,554,471 were divested by the Chairman at a price of $25.23 per share. As a result of the transaction, Weinberg Peter A now holds 722,729 shares, worth roughly $17.58 million.
A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Sell”. Keefe Bruyette also remained covering PWP and has decreased its forecast on September 26, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating.
Price Performance Review of PWP
On Tuesday, Perella Weinberg Partners [NASDAQ:PWP] saw its stock jump 1.54% to $24.33. Over the last five days, the stock has lost -0.69%. Perella Weinberg Partners shares have risen nearly 98.94% since the year began. Nevertheless, the stocks have risen 99.26% over the past one year. While a 52-week high of $26.62 was reached on 11/18/24, a 52-week low of $10.73 was recorded on 01/17/24. SMA at 50 days reached $23.73, while 200 days put it at $18.46.
Levels Of Support And Resistance For PWP Stock
The 24-hour chart illustrates a support level at 24.01, which if violated will result in even more drops to 23.68. On the upside, there is a resistance level at 24.49. A further resistance level may holdings at 24.65. The Relative Strength Index (RSI) on the 14-day chart is 50.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.56%. Stochastics %K at 46.92% indicates the stock is a holding.
How much short interest is there in Perella Weinberg Partners?
A steep rise in short interest was recorded in Perella Weinberg Partners stocks on 2024-11-29, dropping by -0.39 million shares to a total of 2.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.98 million shares. There was a decline of -14.95%, which implies that there is a negative sentiment for the stock.
