Perella Weinberg Partners’s recent filing unveils that its Chairman Weinberg Peter A unloaded Company’s shares for reported $1.85 million on Mar 03 ’25. In the deal valued at $22.57 per share,81,870 shares were sold. As a result of this transaction, Weinberg Peter A now holds 337,751 shares worth roughly $6.22 million.
Then, Weinberg Peter A sold 59,130 shares, generating $1,243,504 in total proceeds. Upon selling the shares at $21.03, the Chairman now owns 278,621 shares.
Before that, RED HOOK CAPITAL LLC bought 141,000 shares. Perella Weinberg Partners shares valued at $3,258,510 were divested by the Director at a price of $23.11 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 Monday, Perella Weinberg Partners [NASDAQ:PWP] saw its stock fall -9.08% to $18.43. Over the last five days, the stock has lost -17.13%. Perella Weinberg Partners shares have fallen nearly -22.69% since the year began. Nevertheless, the stocks have risen 38.57% 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 03/10/25. SMA at 50 days reached $23.80, while 200 days put it at $20.66.
Levels Of Support And Resistance For PWP Stock
The 24-hour chart illustrates a support level at 17.51, which if violated will result in even more drops to 16.59. On the upside, there is a resistance level at 19.62. A further resistance level may holdings at 20.81. The Relative Strength Index (RSI) on the 14-day chart is 26.15, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.09%. Stochastics %K at 9.43% indicates the stock is a buying.
