Piper Jaffray Companies (PJC): R Scott Larue , Co-Head Global IB and Cap Mkts of Piper Jaffray Companies sold 20,000 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $41.76 per share for a total value of $835,200.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 4, 2016, Martin Bradley Winges (CIO and Head of Fixed Income) sold 5,500 shares at $41.35 per share price.On Nov 25, 2015, Addison L Piper (director) sold 156 shares at $39.48 per share price.Also, On Nov 18, 2015, R Scott Larue (Co-Head Global IB and Cap Mkts) purchased 15,000 shares at $34.58 per share price.On Feb 25, 2015, Andrew S Duff (Chairman and CEO) sold 2,858 shares at $52.96 per share price.
Piper Jaffray Companies: On Wednesday, May 25, 2016 heightened volatility was witnessed in Piper Jaffray Companies which led to swings in the share price. The shares opened for trading at $41.98 and hit $42.61 on the upside , eventually ending the session at $41.79, with a gain of 0.34% or 0.14 points. The heightened volatility saw the trading volume jump to 1,30,290 shares. The 52-week high of the share price is $50.66 and the company has a market cap of $673 M . The 52-week low of the share price is at $31.66.
Piper Jaffray Companies is an investment bank and asset management firm serving the needs of corporations private equity groups public entities non-profit entities and institutional investors in the United States and internationally. The Company provides products and services including equity and debt capital markets products public finance services financial advisory services equity and fixed income institutional brokerage equity and fixed income research and asset management services. The Company operates through two segments Capital Markets and Asset Management. The Companys capital markets segment provides investment banking and institutional sales trading and research services for equity and fixed income products. The Companys Asset Management segment includes traditional asset management business and seed investments in registered funds and private funds or partnerships.