Perella Weinberg Partners (NASDAQ:PWP) Shares Purchased by Jacobs Levy Equity Management Inc.

In the third quarter, Jacobs Levy Equity Management Inc. increased its holdings in Perella Weinberg Partners (NASDAQ: PWP) by 175.2%, according to its filing with the Securities and Exchange Commission (SEC). The firm bought 363,331 shares, bringing its total ownership to 570,719 shares, valued at $11 million.

Other institutional investors also made significant changes during this period:

Westwood Holdings Group Inc. acquired an additional 288,186 shares, raising its ownership in the company by 1%.
William Blair Investment Management LLC recently purchased 756,540 shares, valued at approximately $20 million, boosting its stake by 66%.
Eagle Asset Management Inc. acquired 1,666,015 shares, with an estimated market value of $35.7 million.
Charles Schwab Investment Management Inc. increased its position by 197.6%, now holding 434,005 shares.
Stock Market Performance
Market Cap: $2.23 billion
Stock Price (as of last trade): $29.01
Beta: 1.57
P/E Ratio: -10.70
On November 8, Perella Weinberg Partners’ stock traded at $24.48, reflecting an earnings per share (EPS) of -$0.34, compared to the previous estimate of $0.20, showing a net profit margin of -11.07%.

The company announced a quarterly dividend of $0.04 per share, payable in December. The ex-dividend date was set for December 12, with a payout ratio of -11%, reflecting its current financial performance.

Insider Transactions
CEO Andrew Bednar sold 300,579 shares at an average price of $10 per share, totaling approximately $3 million.
President Dietrich Becker disclosed selling 442,889 shares, valued at approximately $9 million, during a similar period.
Company Overview
Perella Weinberg Partners is a global investment banking firm offering strategic advisory services related to:

Mergers & Acquisitions (M&A)
Restructuring & Capital Solutions
Underwriting and Corporate Financing
The firm focuses on industries such as energy, financial services, and capital markets, operating internationally with a strong presence in the United States.