Piper Sandler Companies (PIPR) Scheduled to Post Quarterly Earnings on Friday

Piper Sandler Companies (NYSE:PIPR) is scheduled to issue its quarterly earnings data before the market opens on Friday, August 2nd. Analysts expect the company to announce earnings of $2.26 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Piper Sandler Companies Trading Down 1.5 %

Shares of NYSE PIPR opened at $273.28 on Thursday. The business has a fifty day simple moving average of $249.36 and a 200 day simple moving average of $222.73. The firm has a market capitalization of $4.84 billion, a price-to-earnings ratio of 46.48 and a beta of 1.41. Piper Sandler Companies has a one year low of $130.89 and a one year high of $280.45.

Insiders Place Their Bets

In other Piper Sandler Companies news, President Debbra L. Schoneman sold 3,978 shares of the stock in a transaction on Friday, May 17th. The stock was sold at an average price of $212.29, for a total transaction of $844,489.62. Following the completion of the transaction, the president now directly owns 44,105 shares in the company, valued at $9,363,050.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Piper Sandler Companies news, President Debbra L. Schoneman sold 3,978 shares of the firm’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $212.29, for a total value of $844,489.62. Following the completion of the sale, the president now owns 44,105 shares in the company, valued at approximately $9,363,050.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel John W. Geelan sold 1,570 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $211.14, for a total transaction of $331,489.80. Following the completion of the transaction, the general counsel now directly owns 16,854 shares of the company’s stock, valued at $3,558,553.56. The disclosure for this sale can be found here. Insiders sold 6,570 shares of company stock worth $1,393,941 over the last three months. 3.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, JMP Securities restated a “market perform” rating on shares of Piper Sandler Companies in a research note on Tuesday, June 11th.

About Piper Sandler Companies

Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. It offers investment banking services and institutional sales, trading, and research services for various equity and fixed income products; advisory services, such as mergers and acquisitions, equity and debt private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and municipal financial advisory and loan placement services, as well as various over-the-counter derivative products.