Perella Weinberg Partners’s recent filing unveils that its Chairman Weinberg Peter A unloaded Company’s shares for reported $2.37 million on Feb 03 ’25. In the deal valued at $24.95 per share,95,116 shares were sold. As a result of this transaction, Weinberg Peter A now holds 465,505 shares worth roughly $10.67 million.
Then, Weinberg Peter A sold 45,884 shares, generating $1,186,101 in total proceeds. Upon selling the shares at $25.85, the Chairman now owns 419,621 shares.
Before that, RED HOOK CAPITAL LLC bought 141,000 shares. Perella Weinberg Partners shares valued at $3,640,620 were divested by the Director at a price of $25.82 per share.
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 Friday, Perella Weinberg Partners [NASDAQ:PWP] saw its stock fall -2.38% to $22.93. Over the last five days, the stock has lost -3.78%. Perella Weinberg Partners shares have fallen nearly -3.82% since the year began. Nevertheless, the stocks have risen 78.86% over the past one year. While a 52-week high of $27.03 was reached on 01/22/25, a 52-week low of $11.68 was recorded on 01/10/25. SMA at 50 days reached $24.36, while 200 days put it at $20.35.
Levels Of Support And Resistance For PWP Stock
The 24-hour chart illustrates a support level at 22.42, which if violated will result in even more drops to 21.92. On the upside, there is a resistance level at 23.51. A further resistance level may holdings at 24.10. The Relative Strength Index (RSI) on the 14-day chart is 39.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.32%. Stochastics %K at 17.78% indicates the stock is a buying.
