Jonathan J Doyle

Head of Financial Services Group sold 90,000 shares for $7.1M across 6 transactions; 5 prior PIPR sells all well-timed with avg 90d return of -74.7%.

Jonathan J Doyle, Head of Financial Services Group, executed 6 separate sales totaling 90,000 shares for $7,096,012.04 on May 4–5, 2026, reducing his holdings by 15.9% to 477,684 shares. His prior transaction history at PIPR is notably consistent: all 5 previous sells at this ticker were well-timed, with average 90-day returns of -74.7%, -74.8%, -74.6%, -74.9%, and -75.9%—indicating he has sold before substantial declines. At current price of $79.05, the stock is -16.8% from its 52-week high and has gained +12.0% over 90 days; the blended sale price of $78.84 falls near that range. The company trades at a P/E of 19.96 with +24.5% annual revenue growth and $5.6B market cap—fundamentals appear stable—but the insider's demonstrated pattern of well-timed exits warrants investor attention to the thesis underlying this large liquidation.

PIPR: Jonathan J Doyle (Financial Services Head) sells 3,536 shares ($1.1M) in 4 separate trades at $314.73–$318.19 on 2025-08-04.

Jonathan J Doyle, Head of Financial Services Group at Piper Sandler, executed 4 separate sales totaling 3,536 shares for $1,120,347.59 across a narrow price band of $314.73–$318.19 on 2025-08-04, reducing his holdings by 2.6% to 132,910 shares. His prior 5 trades at PIPR (all on 2024-11-07) posted 90-day returns of -75.0% to -75.7%, establishing a perfect 5-of-5 well-timed sell pattern at this specific ticker. His broader cross-ticker track record across 20 prior sales shows an even more pronounced well-timed rate of 100.00%, with average 90-day returns of -72.4%, suggesting a consistent ability to sell ahead of declines. The stock has since recovered to current levels 8.0% below its 52-week high and +30.8% over 90 days, positioning this August 2025 transaction at an interim peak relative to the prior year's range and well before the recent 90-day rally.

Head of Financial Services Group sells 10,000 shares at $335.13 avg; 90-day track record at PIPR is 5-for-5 well-timed sells with -70% avg return

Jonathan J Doyle, Head of Financial Services Group, executed 6 separate sales totaling 10,000 shares for $3,351,288.79 on 2024-11-07, reducing his PIPR holdings by 6.2%. The blended average transaction price of $335.13 is 4× higher than the current stock price of $83.61, meaning this sale occurred near the peak of the 52-week range ($86.79). Critically, Doyle's same-ticker history at PIPR shows 5 prior sells (all on 2024-08-05), all of which turned out to be well-timed with 90-day returns averaging -70.0%, and a 100% timing success rate at this ticker. His cross-ticker track record across 16 prior sales shows a 100% well-timed rate with an average 90-day return of -71.0%, demonstrating a consistent pattern of selling before subsequent declines. This current sale—at prices substantially above recent market levels—is consistent with that pattern of prescient selling.

CFO Jonathan Doyle sells 12,695 PIPR shares for $3.0M; all 5 prior PIPR sells preceded subsequent declines.

Jonathan J Doyle, Head of Financial Services Group at Piper Sandler, executed 5 separate sales totaling 12,695 shares for $3,004,038.10 on 2024-08-05 at prices ranging from $234.48 to $238.65, reducing his holdings to 160,095 shares. The filing is material on account of the size ($3.0M in proceeds) and his seniority as a functional head. The transaction's significance is amplified by his prior PIPR transaction record: all 5 of his earlier sells at this ticker, executed on 2024-02-06 and 2024-02-07, were followed by negative 90-day returns (-70.4% to -71.2%), yielding a 100% well-timed rate on the same ticker. His cross-ticker track record reinforces this pattern: 11 prior sells across all holdings show an average 90-day return of -71.4% with a 90d well-timed rate of 100.00%, indicating a consistent ability to exit before subsequent declines. Current stock price ($60.76) sits 12.4% below its 52-week high of $69.34, and the company trades at a P/E of 8.08 with FY revenue down 5.4% year-over-year. The consistency of his prior sell timing at this specific ticker—combined with the magnitude of this transaction and the company's tepid growth profile—merits monitoring of near-term price action relative to historical patterns.