The Global Head of Equities of Piper Jaffray Companies (NYSE: PJC) is Selling Shares

By Carrie Williams

Today, the Global Head of Equities of Piper Jaffray Companies (NYSE: PJC), Jeffrey Klinefelter, sold shares of PJC for $42.35K.

In addition to Jeffrey Klinefelter, 4 other PJC executives reported Sell trades in the last month.

Based on Piper Jaffray Companies’ latest earnings report from June 30, the company posted quarterly revenue of $176.4M and quarterly net profit of $1.94M. In comparison, last year the company earned revenue of $154.7M and had a net profit of $4.83M. The company has a one year high of $57.65 and a one year low of $31.66. PJC’s market cap is $664.1M and the company has a P/E ratio of 29.09.

The insider sentiment on Piper Jaffray Companies has been negative according to 72 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Piper Jaffray Cos. engages in the provision of brokerage and investment banking services. It operates through two segments: Capital Markets and Asset Management. The Capital Markets segment provides investment banking and institutional sales, trading and research services for various equity and fixed income products. The Asset Management segment includes traditional asset management business and seed investments in registered and private funds. The company was founded in 1895 and is headquartered in Minneapolis, MN.