In a filing, Perella Weinberg Partners revealed its Chairman Weinberg Peter A unloaded Company’s shares for reported $1.86 million on Apr 01 ’25. In the deal valued at $18.45 per share,101,018 shares were sold. As a result of this transaction, Weinberg Peter A now holds 177,603 shares worth roughly $2.81 million.
Then, Weinberg Peter A sold 39,982 shares, generating $766,055 in total proceeds. Upon selling the shares at $19.16, the Chairman now owns 137,621 shares.
Before that, RED HOOK CAPITAL LLC bought 141,000 shares. Perella Weinberg Partners shares valued at $2,594,400 were divested by the Director at a price of $18.40 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 Thursday, Perella Weinberg Partners [NASDAQ:PWP] saw its stock jump 1.02% to $15.80. Over the last five days, the stock has lost -0.44%. Perella Weinberg Partners shares have fallen nearly -33.72% since the year began. Nevertheless, the stocks have risen 4.29% 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 04/07/25. SMA at 50 days reached $20.14, while 200 days put it at $21.10.
Levels Of Support And Resistance For PWP Stock
The 24-hour chart illustrates a support level at 15.57, which if violated will result in even more drops to 15.33. On the upside, there is a resistance level at 16.00. A further resistance level may holdings at 16.19. The Relative Strength Index (RSI) on the 14-day chart is 37.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.00%. Stochastics %K at 30.62% 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 2025-03-31, growing by 0.12 million shares to a total of 2.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.82 million shares. There was a rise of 4.24%, which implies that there is a positive sentiment for the stock.
