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. Perella Weinberg Partners shares valued at $2,367,081 were sold by Weinberg Peter A on May 01 ’25. At $17.20 per share, Weinberg Peter A sold 137,621 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, RED HOOK CAPITAL LLC purchased 137,621 shares, netting a total of over 2,362,953 in proceeds.
Before that, Weinberg Peter A had sold 101,018 shares from its account. In a trade valued at $1,863,782, the Chairman traded Perella Weinberg Partners shares for $18.45 each. Upon closing the transaction, the insider’s holdings decreased to 101,018 shares, worth approximately $3.37 million.
Analysts at Goldman downgraded the stock from ‘”a Buy”‘ to ‘”a Sell”‘ outlook in a report released in early January. As of September 26, 2022, Keefe Bruyette has decreased its “an Outperform” rating to a “Mkt perform” for PWP.
Analyzing PWP Stock Performance
During the last five days, there has been a surge of approximately 8.65%. Over the course of the year, Perella Weinberg Partners shares have dropped approximately -20.43%. Shares of the company reached a 52-week high of $27.03 on 01/22/25 and a 52-week low of $14.12 on 04/07/25. A 50-day SMA is recorded $17.92, while a 200-day SMA reached $21.09.
Support And Resistance Levels for Perella Weinberg Partners (PWP)
According to the 24-hour chart, there is a support level at 18.51, which, if violated, would cause prices to drop to 18.06. In the upper region, resistance lies at 19.30. The next price resistance is at 19.64. RSI (Relative Strength Index) is 60.32 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.46, which suggests the price will increase in the coming days. Percent R is at 22.77%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
