Chairman Weinberg sells all 137,621 shares of PWP for $2.4M; exits complete holdings after 5 recent sells; stock -35.9% from 52-week high
Weinberg Peter A, Chairman of Perella Weinberg Partners, sold his entire remaining stake of 137,621 shares at $17.20 on 2025-05-01, reducing his holdings to zero. This transaction is part of a concentrated selling pattern: SAME-TICKER HISTORY shows 5 prior sales in recent weeks (2025-02-04 through 2025-04-02), with all measurable 30-day outcomes showing negative returns (-8.2%, -6.5%, -19.3%, -13.7%, -20.2%). The stock has declined -34.3% over 90 days and currently trades at $16.94, down -35.9% from its 52-week high of $26.41. While his cross-ticker track record demonstrates a 100.00% well-timed sell rate on the 90-day horizon (11 prior sells with avg 90d return -22.0%), the company remains unprofitable on a full-year basis despite strong revenue growth of +35.4%. The complete liquidation of holdings by the company's Chairman following a series of sales during a significant price decline warrants investor scrutiny of both company fundamentals and insider conviction.