This cluster is routine and non-informative. Monitor for any C-suite insider buying or a material increase in director selling volume above 0.1% of market cap to signal a shift in insider sentiment. The company's 55% analyst bullish consensus and strong institutional accumulation (9 adds, 3 doubled) suggest no near-term catalyst from this filing.
Price Chart
Executive Summary
Two PJT Partners directors sold a combined $1.51M in open-market sales over a 7-day window. The total value represents ~0.02% of the company's $7.0B market cap, well below the 0.1% materiality threshold, making this a routine liquidity-driven cluster with no informational signal. The sales are by directors, not C-suite executives, and the dollar amount is trivial relative to market cap, consistent with diversification or tax planning rather than a bearish view on the business.
Key Financial Metrics
Key Facts
- Two directors sold a total of $1.51M in open-market sales over 7 days
- Sales represent ~0.02% of PJT's $7.0B market cap
- No C-suite executives participated in the cluster
- All sales were open-market (code S) with no 10b5-1 plan indicated
- Prior 30-day insider activity shows 5 sells totaling $2.1M, consistent with routine pattern
Financial Impact
Total insider sales of $1.51M represent ~0.02% of $7.0B market cap — immaterial
Risk Factors
- Insider sales could accelerate if directors perceive valuation peak
- No C-suite buying to offset the selling pattern
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PJT-1787379110554 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 21, 2026 6w ago | Insider Cluster | $174.96 $151.39 | ▼ −13.47% | ▼ −12.95% | $138.07 (−21.08%) |
Jul 28, 2026 9w ago | 8-K | $173.23 $174.61 | ▲ +0.80% | ▼ −2.58% | $138.07 (−20.30%) |
Jul 16, 2026 11w ago | 8-K | $167.22 $178.86 | ▲ +6.96% | ▲ +3.34% | $138.07 (−17.43%) |
May 1, 2026 22w ago | Insider Cluster | $154.84 $156.25 | ▲ +0.91% | ▼ −4.37% | $138.07 (−10.83%) |
Apr 28, 2026 22w ago | 8-K | $152.96 $154.07 | ▲ +0.73% | ▼ −4.73% | $138.07 (−9.73%) |
Apr 9, 2026 25w ago | Court Ruling | $150.00 $152.14 | ▼ −1.43% | ▲ +6.14% | $138.07 (+7.95%) |
US Market Status
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