On November 12, 2024, Kenneth Whitney, a Director at PJT Partners Inc (PJT, Financial), sold 1,725 shares of the company, according to a recent SEC Filing. Following this transaction, the insider now owns 9,100 shares of PJT Partners Inc.
PJT Partners Inc is a global advisory-focused investment bank. The firm offers strategic advisory, restructuring and special situations, and fund placement services to corporations, financial sponsors, institutional investors, and governments.
Over the past year, Kenneth Whitney has sold a total of 1,725 shares and has not made any purchases of the company's stock. The insider transaction history for PJT Partners Inc shows a trend with 0 insider buys and 10 insider sells over the past year.
Shares of PJT Partners Inc were trading at $159.75 on the day of the transaction. The company has a market cap of $3.78 billion. The price-earnings ratio of PJT Partners Inc stands at 40.51, which is higher than the industry median of 19.595 and also above the company's historical median.
The stock's valuation metrics show a GF Value of $70.22, indicating that at a price of $159.75, PJT Partners Inc is significantly overvalued with a price-to-GF-Value ratio of 2.27.
The GF Value is calculated considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's current valuation and future prospects.
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.
