Managing Partner Lee Ji-Yeun sold 10,000 shares of PJT for $1.2M at blended avg $118.85 on 2024-09-03
Lee Ji-Yeun conducted five separate sales totaling 10,000 shares for $1,188,456.93 on 2024-09-03, reducing holdings by 14.0% from 71,433 to 61,433 shares. The sales occurred at prices ranging from $118.34 to $122.50, with a blended average of $118.85—above the current price of $116.84 but within the 52-week range of $71.72–$132.94. PJT's fundamentals show revenue of $360,181,000.00 and net income of $28,316,000.00 with annual growth of 12.4%, and the stock is trading at P/E 28.09. Looking at his same-ticker history, Lee's five prior sells at PJT posted positive 90-day returns (ranging from +1.5% to +15.8%), indicating those earlier sales occurred before subsequent price appreciation—a pattern of poorly-timed exits at this ticker. The current filing shows no 10b5-1 flag, so timing context is relevant; however, this sale's timing versus forward returns remains to be observed.