The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Piper Sandler Co’s shares valued at $757,757 were sold by SMITH SHERRY M on Feb 14 ’25. At $305.18 per share, SMITH SHERRY M sold 2,483 shares. The insider’s holdings dropped to 10,479 shares worth approximately $2.67 million following the completion of this transaction.
Also, Sherry Smith purchased 2,483 shares, netting a total of over 746,439 in proceeds.
Before that, Schoneman Debbra L. had sold 15,000 shares from its account. In a trade valued at $4,491,758, the President traded Piper Sandler Co’s shares for $299.45 each. Upon closing the transaction, the insider’s holdings decreased to 15,000 shares, worth approximately $0.98 million.
As published in a research note from Goldman on January 06, 2025, Piper Sandler Co’s [PIPR] has been rated down from a Buy to a Neutral and the price target has been revised to $317. Analysts at JMP Securities downgraded the stock from ‘”a Mkt outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early January. As of December 19, 2023, Northland Capital has decreased its “an Outperform” rating to a “Market perform” for PIPR. Earlier on July 11, 2022, Wolfe Research downgraded its rating. Their new recommendation was “a Peer perform” for PIPR stock which previously was a “an Outperform”.
Analyzing PIPR Stock Performance
On last trading session,, Piper Sandler Co’s [NYSE: PIPR] rose 0.37% to $254.50. During the last five days, there has been a drop of approximately -2.06%. Over the course of the year, Piper Sandler Co’s shares have dropped approximately -14.24%. Shares of the company reached a 52-week high of $333.09 on 01/31/25 and a 52-week low of $202.91 on 04/07/25.
Support And Resistance Levels for Piper Sandler Co’s (PIPR)
According to the 24-hour chart, there is a support level at 251.79, which, if violated, would cause prices to drop to 249.09. In the upper region, resistance lies at 257.43. The next price resistance is at 260.37. RSI (Relative Strength Index) is 49.30 on the 14-day chart, showing neutral technical sentiment.
Which companies own the most shares of Piper Sandler Co’s (PIPR)?
In terms of Piper Sandler Co’s share price expectations, FactSet research, analysts set an average price target of 140 in the next 12 months, down nearly -44.78% from the previous closing price of $253.55. Analysts anticipate Piper Sandler Co’s stock to reach 292 by 2025, with the lowest price target being 55. In spite of this, 2 analysts ranked Piper Sandler Co’s stock as Buy at the end of 2025. On December 02, 2021, Wolfe Research assigned a price target of “an Outperform” to the stock and initiated coverage with a $215.
