PWP Perella Weinberg Partners

XNAS 13.26 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

PWP $13.26 —
Key stats
$13.26
52-Week Range
$12.12 – $25.93
YTD
-24.44%
IV Rank (30D)
100.0
Straddle Price
$2.65
P/C Vol Ratio
0.05
Market Cap
$1.1B
Open
$13.54
Day Range
$13.06 – $13.70
Volume
984,061
Prev Close
$13.45
Fair Value
MODEL: NEUTRAL

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.88%
Beta vs SPY1.18
Cost of Equity (CAPM)11.35% (VRP-adj)
WACC11.30%
Volatility Risk Premium+53.3pp (IV − HV30), ERP adj +50bps
Effective Tax Rate18.6%
Rev. Growth (YoY, DCF input)+30.0%
DCF Horizon12 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.1B
Return on Equity (TTM)52.6%
Book / Price4.6%
Gross Margin (TTM)100.0%
FCF Margin (TTM)13.1%
Debt / Equity0.00
Quality Score4/6 — high quality (12y DCF)
Market-Implied Growth+3.3% (reverse-DCF on current price)
SMA 50$14.30 (Market Anchor value)
SMA 20 / Bollinger Mid$13.46
Bollinger Width / SMA2022.5% (drives anchor stability)
Net Debt$-0.1B
Market Cap$1B
Peers used for multiples: CBOE, CME, GS, ICE, MS, NDAQ, SCHW, TW
60-Day Conviction
16%
20-Day Fair Value
≈ by Dec 14, 2026
$12.98
α -2.1% rank 99%
conviction
95%
40-Day Fair Value
≈ by Jan 12, 2027
$13.24
α -0.2% rank 99%
conviction
7%
60-Day Fair Value
≈ by Feb 10, 2027
$13.19
α -0.5% rank 99%
conviction
16%
MethodImplied PriceWeightDetail
DCF $61.01 26%
DDM (Gordon) $5.79 21%
Peer P/E $9.87 12% median 24.9× · 8 peers
Peer EV/EBITDA $16.44 12% median 20.2× · 8 peers
Peer P/B $2.34 2% median 3.8× · 8 peers
Peer P/S $53.26 8% median 6.4× · 8 peers
Market Anchor (SMA50) $14.30 19% stability 37% (BB-width)
Options Expected (B-L 30d) $13.39 0% 7 strikes · skew +0.30
As of 2026-11-13 · updated
About
Industry (SIC)
FINANCE SERVICES (6199) · industry map
Exchange
XNAS
Market Cap
$1.1B
Employees
736
List Date
2021-06-25
CIK
0001777835
Last Earnings
Oct 29 before open · +8.2% vs ±17.2% expected
Next Earnings
~Feb 5, 2027 (estimated)
Headquarters
New York, NY
Homepage
https://www.pwpartners.com

Perella Weinberg Partners is an independent advisory firm that provides strategic and financial advice to a wide range of clients. The Company's activities as an investment banking advisory firm constitute a single business segment that provides a range of advisory services, including advice related to strategic and financial decisions, mergers and acquisitions execution, shareholder and defense advisory, financing and capital solutions advice with resources focused on restructuring and liability management, capital markets advisory, private capital placement, as well as specialized underwriti…

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart

Markers: E earnings, with the move options implied and the move that happened (amber when the stock moved more than implied) · ▲ ▼ insider open-market buys and sales, sized by dollar value · S splits. Intraday times are New York time; shaded bars are pre-market and after-hours.

Seasonality
'21'22'23'24'25'26Avg
Jan---14.76%7.22%-2.41%9.64%27.12%5.36%
Feb---0.36%-2.69%16.45%-7.74%-16.28%-2.12%
Mar---11.68%-8.63%4.36%-17.27%-2.68%-7.18%
Apr---15.55%-10.13%5.07%-7.14%26.33%-0.28%
May---4.58%0.00%2.73%0.70%-16.74%-3.58%
Jun-1.08%-18.80%6.11%6.77%11.03%-4.37%-0.06%
Jul-9.23%20.72%18.04%18.12%1.06%8.35%9.51%
Aug12.57%2.28%2.73%6.89%5.53%-3.15%4.48%
Sep-8.43%-10.59%-4.41%4.04%-2.29%-0.55%-3.71%
Oct4.93%22.93%-3.54%4.06%-9.98%-6.51%1.98%
Nov-16.93%17.86%16.39%22.76%-1.30%-8.36%*5.07%
Dec8.52%-1.71%4.57%-7.56%-3.41%--0.08%
Total-12.45%-22.83%23.71%112.01%-22.30%-6.85%11.88%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $13.46
SMA 50: $14.23
SMA 200: $17.03
Current: $13.26
EMA 12: $13.73
EMA 26: $13.90
MACD: -0.1709 | Signal: 0.0251
BEARISH
ADX (14): 15.82
RANGE
+DI: 23.45
−DI: 23.04

Momentum Oscillators

RSI (14): 43.72
NEUTRAL
Stoch %K: 39.84
Stoch %D: 49.10
Williams %R: -72.98

Volume & Volatility

BB Upper: $14.98
BB Lower: $11.95
NEUTRAL
OBV: 11,303,775
Vol SMA 20: 1,737,238
Vol ROC: -57.15%
ATR: $0.89
True Range: $0.64
HV 20: 57.0%
HV 30: 78.8%
HV 60: 67.9%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-11-15T00:00:00 – 2026-11-13T00:00:00
AI Analysis
Written before PWP’s Oct 29 earnings report, so it doesn’t reflect the results.

Here is the LLM Stock Analysis Report:

Executive Summary

  • Overall assessment: BULLISH with confidence level (8/10)
  • Key drivers and primary risks:
    • Technical trend indicators are bullish, suggesting a potential uptrend.
    • Recent news headlines have been generally positive, supporting the technical signals.
    • High volatility poses significant risk for investors.
  • Investment thesis:
    • The stock has the potential to break out of its current trading range and continue its upward momentum.
    • However, the high volatility and beta suggest that investors should be cautious and consider hedging strategies.

Technical Analysis

  • Trend Direction: Short-term (1-4 weeks): Uptrend; Medium-term (1-3 months): Bullish; Long-term (3-12 months): Bullish
  • Support/Resistance Levels:
    • Key price levels from moving averages and technical patterns: $16.06 (SMA 20), $16.30 (EMA 26)
    • Resistance levels: $17.85 (upper Bollinger Band), $18.41 (SMA 200)
  • Momentum Signals:
    • RSI interpretation: Neutral (55.72) suggests no strong buying or selling pressure.
    • MACD signal: Bullish (0.29 / Signal: 0.21) supports the uptrend.
    • Bollinger Bands position: Neutral, indicating no strong momentum signals.

News & Sentiment Analysis

  • Recent Headlines Summary:
    • Perella Weinberg Reports Second Quarter 2026 Results: Neutral
    • Partner Promotions: Positive
    • Lagging the Market: Neutral
    • Acquisition of Gleacher Shacklock: Positive
  • Sentiment Assessment: Aggregate news sentiment is generally positive (60%).
  • Catalyst Identification: Upcoming earnings release and potential product launches.
  • Market Narrative:
    • The stock has been lagging the market, which may indicate a potential reversal or breakout.

Risk & Volatility Assessment

  • Beta Interpretation: High risk relative to market (beta >1.5).
  • Volatility Regime: Current volatility is higher than historical levels (HV20 76.9%, HV30 77.2%).
  • Options Market Signals:
    • IV rank: Low (24.3%), suggesting historically low volatility.
    • Put/call ratios: Bullish sentiment (6 calls vs 0 puts).

Market Context & Positioning

  • Sector Performance: Relative strength vs sector/market: Neutral.
  • Institutional Activity: Volume patterns suggest institutional interest (OBV: 4024782.93).
  • Correlation Analysis: Stock moves relatively strongly with the market (R-squared interpretation: 0.42).
  • Relative Valuation: Position within trading range.

Key Levels & Action Items

  • Critical Price Levels:
    • Support: $16.06 (SMA 20)
    • Resistance: $17.85 (upper Bollinger Band), $18.41 (SMA 200)
  • Breakout/Breakdown Levels:
    • Uptrend continuation signal: above $18.41
    • Downtrend reversal signal: below $16.06
  • Time-Sensitive Catalysts:
    • Earnings release (date TBA): potential price movement catalyst.
  • Risk Management:
    • Stop-loss levels: consider setting stop-loss at $15.50 to limit potential losses.
    • Position sizing considerations: investors should consider hedging strategies and position size in light of high volatility.

Please note that this analysis is based on the provided data and may not reflect actual market conditions or future stock performance.

Generated
Earnings History
14 of 15 under expected move
Avg Expected Move
11.90%
Avg Actual Move
5.08%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-08-12 Pre-Market 22.33% 4.77% 0.21x Within
2023-05-04 Pre-Market 12.03% 3.78% 0.31x Within
2023-11-07 Pre-Market 6.23% 6.82% 1.09x Exceeded
2024-02-08 Pre-Market 7.23% 6.30% 0.87x Within
2024-05-03 Pre-Market 7.45% 2.13% 0.29x Within
2024-08-02 Pre-Market 10.11% 2.41% 0.24x Within
2024-11-08 Pre-Market 10.78% 2.30% 0.21x Within
2025-02-07 Pre-Market 8.98% 6.77% 0.75x Within
2025-05-02 Pre-Market 14.20% 1.97% 0.14x Within
2025-08-01 Pre-Market 10.03% 5.17% 0.52x Within
2025-11-07 After-Close 14.84% 5.49% 0.37x Within
2026-02-06 Pre-Market 12.54% 8.04% 0.64x Within
2026-05-01 Pre-Market 9.89% 9.37% 0.95x Within
2026-07-31 After-Close 14.73% 2.72% 0.18x Within
2026-10-29 Pre-Market 17.19% 8.19% 0.48x Within

Earnings calendar: this week’s reports with expected vs actual moves →

PWP Options Activity & IV Rank

PWP IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 110.6%
7-DTE IV: 110.6%
Expected Move: $2.65
7-DTE Move: $1.80
Days to Exp: 35 (2026-12-18)

Options Flow · All expiries

Call Volume: 1,148
Put Volume: 58
P/C Volume: 0.051
BULLISH
Call OI: 1,857
Put OI: 375
P/C OI: 0.202
Total OI: 2,232

ATM Options Pricing

ATM Call: $2.02
ATM Put: $0.62
Call %: 15.3%
Put %: 4.7%

Chain Summary

Chain Volume: 1,206
Chain OI: 2,232
Last Updated: 11/13/2026
Spread Scanner
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Scanning bull put, bear call, iron condor and calendar spreads…

Dealer Positioning
LOW γ vs HISTORY

Estimated net dealer gamma is at the 16th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
16%
vs own history
GEX tilt
+0.11
OI-weighted, today
Vanna tilt
+0.51
δ-sensitivity to IV
Charm tilt
-0.43
δ-decay vs time
Vanna tilt +0.51: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.43: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 6 ATM contracts, 1k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Put vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Call vs ATM
IV(call wing) − IV(ATM), in vol points

The same measure on the upside: how the OTM call is priced against the at-the-money strike.

  • Negative (typical) — calls trade below ATM for most stocks and indices, so the sign alone says little.
  • Percentile vs own history: high = upside calls unusually rich for this name (squeezes, takeover talk, commodity supply scares); low = calls cheaper than usual.
Reading them together

Put or call vs ATM tells you how expensive that tail is. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d put —
— pts EXTREME
as of Nov 13 · No data
30 DTE / 10d put —
— pts EXTREME
as of Nov 13 · ATM 80.7% / Put —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Loading the implied volatility surface…

Volatility Smile

Loading the implied volatility smile…

IV Rank (7 DTE)24.3LowNov 13
IV Rank (30 DTE)100.0HighNov 13

Embed PWP IV rank

PWP's 30-day IV rank (90 sessions) with its 52-week rank, at-the-money IV and a 90-session trend. Updates after each close. Paste the code into any web page or blog post. Email newsletters drop iframes, so link to the page there.

Theme
Preview
Straddle Price (30 DTE)$2.65Nov 13
Beta Analysis

Risk Metrics

Beta: 1.5973
Alpha: -38.79%
Correlation: 0.3888
R-Squared: 15.1%
Stock Volatility: 56.0%
Market Volatility: 13.6%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own PWP
4 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Point72 Hedge fund
Steve Cohen
$11.6M
0.02%
#720 of 1945new13F
Rockefeller Capital Management Family office
Rockefeller family
$10.6M
0.02%
#709 of 4729-3.4%13F
Citadel Hedge fund
Ken Griffin
$1.1M
0.00%
#3622 of 6285+50.2%13F
Millennium Management Hedge fund
Izzy Englander
$210K
0.00%
#3474 of 3716new13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

PWP Institutional Ownership (13F)

Filings for 2026-06-30 · 52 already for 2026-09-30
Diluted shares outstanding: 108,672,750 (as of 2026-09-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

167 filers78,811,203 shares$1.26B value72.52% of float
# Filer Shares Value % of Total % of Float Period
1 FMR LLC Custodian 9,897,191 $157.96M 12.53% 9.11% 2026-06-30
2 BlackRock, Inc. Custodian 5,465,698 $87.23M 6.92% 5.03% 2026-06-30
3 Wellington Management Group LLP Custodian 5,189,199 $82.82M 6.57% 4.78% 2026-06-30
4 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 3,804,547 $62.05M 4.92% 3.50% 2026-09-30
5 Nuveen, LLC Custodian 3,601,078 $57.47M 4.56% 3.31% 2026-06-30
6 ADAGE CAPITAL PARTNERS GP, L.L.C. 3,311,618 $52.85M 4.19% 3.05% 2026-06-30
7 Vanguard Capital Management LLC 3,032,455 $48.40M 3.84% 2.79% 2026-06-30
8 Capital World Investors 2,675,588 $42.70M 3.39% 2.46% 2026-06-30
9 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 2,549,221 $40.69M 3.23% 2.35% 2026-06-30
10 Boston Partners 2,543,113 $40.58M 3.22% 2.34% 2026-06-30
11 Ameriprise Financial, Inc. Custodian 2,268,931 $36.21M 2.87% 2.09% 2026-06-30
12 State Street Corp 2,038,898 $32.54M 2.58% 1.88% 2026-06-30
13 Geode Capital Management, LLC Custodian 1,851,776 $30.21M 2.40% 1.70% 2026-09-30
14 WESTWOOD HOLDINGS GROUP INC 1,860,521 $29.69M 2.36% 1.71% 2026-06-30
15 Goldman Sachs Group Inc Custodian 1,765,887 $28.18M 2.24% 1.62% 2026-06-30
16 FRONTIER CAPITAL MANAGEMENT CO LLC 1,624,195 $25.92M 2.06% 1.49% 2026-06-30
17 Bank of America Corp Custodian 1,515,078 $24.18M 1.92% 1.39% 2026-06-30
18 ROYCE & ASSOCIATES LP 1,393,188 $22.24M 1.76% 1.28% 2026-06-30
19 Russell Investments Group, Ltd. Custodian 1,362,300 $22.22M 1.76% 1.25% 2026-09-30
20 Raymond James Financial, Inc. Custodian 1,302,843 $20.79M 1.65% 1.20% 2026-06-30
21 GW&K Investment Management, LLC 1,291,081 $20.61M 1.63% 1.19% 2026-06-30
22 Aristotle Capital Boston, LLC 1,152,220 $18.39M 1.46% 1.06% 2026-06-30
23 Dimensional Fund Advisors LP Custodian 1,096,984 $17.89M 1.42% 1.01% 2026-09-30
24 Schroder Investment Management Group 1,128,125 $17.40M 1.38% 1.04% 2026-06-30
25 Walleye Capital LLC 960,597 $15.33M 1.22% 0.88% 2026-06-30
2 filers$356.40K notional
# Filer Notional Value % of Total Period
1 Citadel Advisors LLC Custodian $333.56K 93.59% 2026-06-30
2 Simplex Trading, LLC Custodian $22.83K 6.41% 2026-09-30
2 filers$110.77K notional
# Filer Notional Value % of Total Period
1 Simplex Trading, LLC Custodian $104.38K 94.24% 2026-09-30
2 GROUP ONE TRADING LLC Custodian $6.38K 5.76% 2026-06-30

PWP Insider Trading (Form 4)

Latest: 2026-11-09
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-11-09 Robert K Steel Director Sell (S) −40,000 $13.47 -$538.8K EDGAR
2026-10-20 Peter A Weinberg Director Tax (F) −536,225 $13.23 -$7.09M EDGAR
2026-10-20 Dietrich Becker President Tax (F) −455,414 $13.23 -$6.03M EDGAR
2026-10-20 Andrew Bednar Chairman and CEO Tax (F) −485,516 $13.23 -$6.42M EDGAR
2026-09-03 PWP VoteCo Professionals LP Director Other (J) −1,997,030 RSU — EDGAR
2026-09-02 Andrew Bednar Chairman and CEO Exer (M) +968,964 — EDGAR
2026-09-02 Dietrich Becker President Exer (M) +968,964 — EDGAR
2026-09-02 Robert K Steel Director Mixed
Exer +30,000 · Tax −15,298
 +14,702 $16.98 -$259.8K EDGAR
2026-09-02 Peter A Weinberg Director Exer (M) +680,336 — EDGAR
2026-09-02 Alexandra Gottschalk CFO and COO Mixed
Exer +4,000 · Tax −1,626
 +2,374 $16.98 -$27.6K EDGAR
2026-08-07 Andrew Bednar Chairman and CEO Sell (S) −235,697 $17.31 -$4.08M EDGAR
2026-06-16 Robert K Steel Director Sell (S) −100,000 $15.76 -$1.58M EDGAR
2026-05-29 Roy Edwin Bennett Director Award (A) +5,429 — EDGAR
2026-05-29 Kristin W Mugford Director Award (A) +5,429 — EDGAR
2026-05-29 Jorma J Ollila Director Tax (F) −1,696 $18.97 -$32.2K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

PWP Insider Holdings

12 insiders · @ $13.26
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Peter A Weinberg Chairman 2,099,011 $27.83M -$18.52M 25 2026-10-20
2 Andrew Bednar Chairman and CEO 1,544,708 $20.48M -$11.44M 23 2026-10-20
3 Dietrich Becker President 924,038 $12.25M -$14.78M 23 2026-10-20
4 Robert K Steel Director 262,624 $3.48M -$11.56M 29 2026-11-09
5 Perella Weinberg Partners Chief Financial Officer 96,767 $1.28M $0 1 2025-09-03
6 Alexandra Gottschalk CFO and COO 74,866 $992.7K -$2.03M 21 2026-09-02
7 Elizabeth C Fascitelli Director 49,586 $657.5K $0 5 2026-05-29
8 Kristin W Mugford Director 49,586 $657.5K $0 5 2026-05-29
9 Jane Cecile Sherburne Director 46,159 $612.1K $0 5 2025-05-30
10 Jorma J Ollila Director 32,309 $428.4K $0 9 2026-05-29
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

PWP Board & Officers

As of SEC filings through Nov 9, 2026

Directors 12

Officers 4

Changes in the last 10 years (55)
Aug 7, 2026Andrew Bednar listed as Chairman and CEO (previously Chief Executive Officer) in SEC filings
Jan 13, 2026The company announced the departure of Peter A Weinberg as Chairman in an SEC filing
Sep 3, 2025Perella Weinberg Partners first on file as Chief Financial Officer
Jul 30, 2025Roy Edwin Bennett became a director
Jul 30, 2025Houda Dabboussi became a director
Feb 20, 2024Alexandra Gottschalk listed as Chief Financial Officer (previously CAO and Managing Director) in SEC filings
Jan 2, 2024PWP Professional Partners LP reported in an SEC filing no longer being a director
Dec 31, 2023PWP VoteCo Professionals LP became a director
Apr 12, 2023The company announced the departure of Daniel G Cohen from the board in an SEC filing
Apr 11, 2023The company announced the departure of Ivan G Seidenberg from the board in an SEC filing
Feb 28, 2023Peter A Weinberg listed as Chairman (previously Chairman and Chief Executive Officer) in SEC filings
Feb 28, 2023Andrew Bednar listed as Chief Executive Officer (previously Co-President) in SEC filings
May 24, 2022Kristin W Mugford became a director
May 24, 2022Elizabeth C Fascitelli became a director
Jun 29, 2021Betsy Z Cohen reported in an SEC filing no longer being a director
Jun 28, 2021Madelyn Antoncic reported in an SEC filing no longer being a director
Jun 28, 2021Laura Kohn reported in an SEC filing no longer being a director
Jun 28, 2021Jan Rock Zubrow reported in an SEC filing no longer being a director
Jun 28, 2021James J McEntee III reported in an SEC filing no longer being President and Secretary
Jun 28, 2021FinTech Masala, LLC reported in an SEC filing no longer being a 10% owner
Not reported recently (3)
  • Vladimir Shendelman · Last reported as General Counsel in an SEC filing dated Dec 15, 2023
  • Gary Barancik · Last reported as Chief Financial Officer in an SEC filing dated Mar 7, 2023
  • Douglas Listman · Last reported as Chief Financial Officer in an SEC filing dated Sep 24, 2020
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

PWP Proposed Insider Sales (Form 144)

Latest: 2026-11-05
Last 30d: 1 filing · $539K notice value  ·  Last 90d: 1 filing · $539K notice value · 1 unique filer

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: ROBERT STEEL (1, $539K)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-11-05 ROBERT STEEL Officer, Director 40,000 $539.0K 2026-11-05 Morgan Stanley Smith Barney LLC … — EDGAR
2026-08-07 ANDREW BEDNAR Officer, Director 77,753 $1.35M 2026-08-07 Morgan Stanley Smith Barney LLC … — EDGAR
2026-08-06 ANDREW BEDNAR Officer, Director 80,045 $1.37M 2026-08-06 Morgan Stanley Smith Barney LLC … — EDGAR
2026-08-05 ANDREW BEDNAR Officer, Director 77,899 $1.35M 2026-08-05 Morgan Stanley Smith Barney LLC … — EDGAR
2026-06-12 ROBERT STEEL Officer, Director 100,000 $1.58M 2026-06-12 Morgan Stanley Smith Barney LLC … — EDGAR
2026-05-20 ALEXANDRA GOTTSCHALK Officer 14,018 $244.8K 2026-05-20 Morgan Stanley Smith Barney LLC … — EDGAR
2026-05-19 ALEXANDRA GOTTSCHALK Officer 43,788 $770.0K 2026-05-19 Morgan Stanley Smith Barney LLC … — EDGAR
2026-05-05 ALEXANDRA GOTTSCHALK Officer 51,671 $1.02M 2026-05-05 Morgan Stanley Smith Barney LLC … — EDGAR
2025-09-11 THE ROBERT K. STEEL GST TRUST Officer, Director 9,239 $207.1K 2025-09-11 Morgan Stanley Smith Barney LLC … — EDGAR
2025-09-11 ROBERT STEEL Officer, Director 60,606 $1.36M 2025-09-11 Morgan Stanley Smith Barney LLC … — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-10-30
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Event Link
2026-10-29 Earnings results EDGAR
2026-09-03 Unregistered share sale EDGAR
2026-09-01 Other events EDGAR
2026-07-31 Earnings results EDGAR
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Filing Date Accession Link
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-10-30 0001777835-26-000113 EDGAR
2026-07-31 0001777835-26-000074 EDGAR
ETF Holders
45 ETFs hold PWP
25 shown · $126.71M total exposure · 0.02% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $35.0M — 2026-09-30
2 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.03% $26.0M $76.8B 2026-11-12
3 VXF Vanguard Extended Market ETF Vanguard 0.01% $13.8M — 2026-09-30
4 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.07% $9.3M $13.9B 2026-11-12
5 VTWO Vanguard Russell 2000 ETF Vanguard 0.04% $7.0M — 2026-09-30
6 DFAS Dimensional US Small Cap ETF Dimensional 0.02% $6.9M — 2026-11-12
7 KCE State Street® SPDR® S&P® Capital Markets ETF SPDR (State Street) 1.35% $6.1M $449.8M 2026-11-12
8 SCHA Schwab U.S. Small-Cap ETF Nport 0.02% $5.6M — 2026-08-31
9 DFMC Dimensional US Micro Cap ETF Dimensional 0.03% $2.6M — 2026-11-12
10 GSC Goldman Sachs Small Cap Equity ETF Goldman 0.81% $2.6M $315.1M 2026-11-12
11 VFH Vanguard Financials ETF Vanguard 0.01% $1.9M — 2026-09-30
12 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.00% $1.4M $95.8B 2026-11-12
13 VTWG Vanguard Russell 2000 Growth ETF Vanguard 0.08% $1.3M — 2026-09-30
14 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.00% $1.3M — 2026-11-12
15 IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF iShares (BlackRock) 0.09% $1.2M $1.3B 2026-11-12
16 DES WisdomTree U.S. SmallCap Dividend Fund Nport 0.04% $867,554 — 2026-06-30
17 DCOR Dimensional US Core Equity 1 ETF Dimensional 0.00% $695,604 — 2026-11-12
18 SCHB Schwab U.S. Broad Market ETF Nport 0.00% $680,699 — 2026-08-31
19 PRFZ Invesco RAFI US 1500 Small-Mid ETF Nport 0.02% $660,322 — 2026-07-31
20 AIMS Acuitas Small Cap Active ETF Nport 0.64% $581,391 — 2026-06-30
21 RSSL Global X Russell 2000 ETF Global X 0.03% $462,867 — 2026-11-13
22 FNCL Fidelity MSCI Financials Index ETF Fidelity 0.01% $257,136 $2.3B 2026-11-12
23 EES WisdomTree U.S. SmallCap Fund Nport 0.03% $231,723 — 2026-06-30
24 IWV iShares Russell 3000 ETF iShares (BlackRock) 0.00% $225,916 $20.4B 2026-11-12
25 ISCV iShares Morningstar Small-Cap Value ETF iShares (BlackRock) 0.03% $207,470 $695.0M 2026-11-12
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
36.83
TTM Diluted EPS
$0.36
TTM Revenue
$775.98M
TTM Net Income
$33.75M
TTM Op. Cash Flow
$108.23M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q3 '262026-09-30$251.37M$17.56M$0.21$73.09M
Q2 '262026-06-30$156.53M$5.30M$0.06$48.82M
Q1 '262026-03-31$148.92M$1.49M$0.02$-109.71M
Q4 '252025-12-31$219.16M$9.40M$0.07$96.03M
Q3 '252025-09-30$164.65M$6.00M$0.08$59.16M
Q2 '252025-06-30$155.27M$2.74M$0.04$56.13M
Q1 '252025-03-31$211.83M$17.34M$0.24$-176.52M
Q4 '242024-12-31$225.67M$20.77M$0.39$139.43M
Q3 '242024-09-30$278.24M$16.37M$0.24$200.26M
Q2 '242024-06-30$272.00M$-66.03M$-1.21$90.01M
Q1 '242024-03-31$102.13M$-35.84M$-0.91$-206.34M
Q4 '232023-12-31$212.68M$-10.41M$-0.49$158.37M
Q3 2026 • period ending 2026-09-30 • filed 2026-10-30
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
36.83
P/B
—
P/S
2.08
EV/EBITDA
31.32
EV/Sales
1.91
ROE
—
ROA
3.4%
Div Yield
2.84%
FCF Yield
6.59%
Debt/Equity
—
Current Ratio
—
Market Cap
$1.43B
as of 2026-11-13

PWP vs Peers

Related companies, largest first
Company Market cap P/E Revenue growth YTD IV rank
MS Morgan Stanley $295.7B 15.4 +14.0% +4.8% 41
GS Goldman Sachs Group Inc. $263.5B 13.2 +11.2% +0.2% 44
SCHW The Charles Schwab Corporation $158.3B 16.9 +10.1% −8.5% 37
CME CME Group Inc. $112.9B 26.1 +9.0% +17.9% 3
ICE Intercontinental Exchange Inc. $99.4B 24.4 +12.7% +11.6% 1
NDAQ Nasdaq, Inc. Common Stock $60.3B 29.6 +11.9% +12.2% 0
CBOE Cboe Global Markets, Inc. $38.5B 26.7 +14.3% +51.3% 4
TW Tradeweb Markets Inc. Class A Common Sto $27.5B 31.2 +14.4% +25.0% 9
PWP Perella Weinberg Partners Class A Common $1.1B 36.8 +2.5% −24.4% 100
Peer median $106.2B 25.2 +12.3% +11.9% 7

P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.

Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
8.53M
SI % of Float
11.91%
Days to Cover
5.11
Short Vol Ratio
27.7%
Free Float
71.59M
Float %
96.7%
Short interest 2026-10-30 • Short volume 2026-11-13 • Float 2026-08-14