Piper Sandler Companies (NYSE:PIPR) Stock: Insider Debbra Schoneman Sells 39,708 Shares

Key Points

• President Debbra Schoneman sold 39,708 shares at an average price of $67.38, totaling about $2.68 million; the sale reduced her stake by 77.16% to 11,752 shares.
• Piper Sandler’s latest quarter missed expectations: EPS was $0.87 versus analysts’ $0.93 estimate, while revenue fell 4.9% year over year to $456 million.
• The company declared a quarterly dividend of $0.20 per share, equivalent to $0.80 annually and a yield of about 1.2% at the reported share price.

Piper Sandler Companies (NYSE:PIPR - Get Free Report) President Debbra Schoneman sold 39,708 shares of the stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $67.38, for a total value of $2,675,525.04. Following the completion of the sale, the president owned 11,752 shares in the company, valued at approximately $791,849.76. The trade was a 77.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Piper Sandler Companies Trading Down 2.2%

Shares of PIPR traded down $1.50 during trading hours on Tuesday, reaching $65.92. 1,056,813 shares of the company traded hands, compared to its average volume of 690,607. The firm has a market cap of $4.66 billion, a price-to-earnings ratio of 15.51, a PEG ratio of 2.02 and a beta of 1.43. Piper Sandler Companies has a 12-month low of $61.35 and a 12-month high of $95.07. The stock's fifty day moving average price is $69.69 and its 200 day moving average price is $77.03.

Piper Sandler Companies (NYSE:PIPR - Get Free Report) last posted its quarterly earnings results on Friday, October 30th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.06). Piper Sandler Companies had a return on equity of 21.92% and a net margin of 14.51%. The company had revenue of $456.04 million during the quarter, compared to analysts' expectations of $467.39 million. During the same period in the prior year, the business earned $3.82 EPS. The company's quarterly revenue was down 4.9% on a year-over-year basis. On average, research analysts forecast that Piper Sandler Companies will post 4.47 earnings per share for the current year.

Piper Sandler Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Tuesday, November 24th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, November 24th. Piper Sandler Companies's payout ratio is currently 18.82%.

Piper Sandler Companies News Roundup

Here are the key news stories impacting Piper Sandler Companies this week:

• Positive Sentiment: A newly announced share-buyback program is improving the investment case by potentially supporting earnings per share and shareholder returns. One analysis suggests PIPR could trade about 15% below fair value, while buyback news has helped lift investor interest. Piper Sandler Companies Could Be 15% Below Fair Value As Buyback News Lifts Shares
• Positive Sentiment: Piper Sandler declared a quarterly dividend of $0.20 per share, payable December 11 to shareholders of record November 24. The annualized dividend is $0.80 per share, representing an approximately 1.3% yield and reinforcing the company’s shareholder-return strategy.
• Neutral Sentiment: Northland Securities’ published forecast calls for fourth-quarter earnings of $1.24 per share, providing a reference point for upcoming results. What is Northland Securities' Forecast for PIPR Q4 Earnings?
• Negative Sentiment: Northland Securities lowered its Piper Sandler earnings forecasts across multiple periods: FY2026 EPS to $4.13 from $4.44, FY2027 EPS to $4.39 from $5.25, Q3 2027 EPS to $1.13 from $1.35, and Q4 2027 EPS to $1.24 from $1.47. The reductions indicate weaker expected earnings momentum and are below or close to the current-year consensus estimate of $4.47 per share.
• Negative Sentiment: The company’s latest quarterly results also showed pressure: revenue declined 4.9% year over year to $456.0 million and EPS of $0.87 missed the $0.93 consensus estimate. The combination of lower estimates and a recent earnings miss is likely weighing on the stock despite the buyback and dividend support.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Wellington Management Group LLP acquired a new position in shares of Piper Sandler Companies during the second quarter worth $13,753,000. WINTON GROUP Ltd acquired a new stake in shares of Piper Sandler Companies in the 2nd quarter worth $9,445,000. One Capital Management LLC acquired a new stake in shares of Piper Sandler Companies in the 2nd quarter worth $2,288,000. Ascent Group LLC purchased a new position in Piper Sandler Companies during the 3rd quarter worth $1,543,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Piper Sandler Companies in the first quarter valued at about $1,535,000. Institutional investors own 72.79% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on PIPR. The Goldman Sachs Group set a $80.00 price objective on Piper Sandler Companies and gave the stock a "buy" rating in a report on Thursday, October 1st. Weiss Ratings reiterated a "hold (c+)" rating on shares of Piper Sandler Companies in a report on Monday, August 17th. Bank of America reissued an "underperform" rating and set a $69.00 price target on shares of Piper Sandler Companies in a research report on Tuesday. Finally, Zacks Research downgraded Piper Sandler Companies from a "hold" rating to a "strong sell" rating in a report on Tuesday, October 13th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $84.00.

About Piper Sandler Companies

Piper Sandler Companies NYSE: PIPR is an investment banking and institutional securities firm that provides financial services to corporations, financial institutions, public-sector entities, institutional investors and private equity firms. The company offers advisory and capital-raising services, including mergers and acquisitions, equity and debt offerings, restructuring and other strategic transactions.

Its institutional securities activities include equity research, sales and trading, fixed-income services and market-making.

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