Director James Costos sold 1,500 shares of PJT Partners Inc (PJT, Financial) on November 7, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 9,360 shares of the company.
PJT Partners Inc operates as a global advisory-focused investment bank. The firm offers strategic advisory, restructuring and special situations, and fund placement and secondary advisory services to corporations, financial sponsors, institutional investors, and governments.
Over the past year, James Costos has engaged in the sale of 1,500 shares and has not purchased any shares. The broader insider transaction trend at PJT Partners Inc shows a total of 9 insider sales and no insider purchases over the same period.
On the date of the latest transaction, shares of PJT Partners Inc were priced at $161.41, resulting in a market cap of approximately $3.78 billion. The price-earnings ratio of the company stands at 40.39, which is above both the industry median of 18.955 and the historical median for the company.
The stock's GF Value is calculated at $71.48, indicating a price-to-GF-Value ratio of 2.26. This suggests that PJT Partners Inc is significantly overvalued based on its GF Value.
The GF Value is derived from historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This sale by the insider may be of interest to current and potential investors, providing insight into insider confidence and valuation perspectives at PJT Partners Inc.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
