PJT
PJT Partners Inc.
NYSEUSDEQUITY
Financial Services
DELAYED
Sell
-26/100
Last price
139.65
▲ 1.70 (1.23%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
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Range —
Vol —
vs
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Open
138.11
Prev close
137.95
Day high
141.20
Day low
136.75
Volume
490.67K
Market cap
$5.95B
P/E (TTM)
19.08
52W range
127.73 – 195.62
Day trading desk
Gap from prior close
+0.12%
Prior close 137.95
VWAP
139.87
-0.16% from price
Relative volume
1.73×
Unusually busy
Session range
3.25%
136.75 – 141.20
Position in range
65%
Mid range
ATR (14D)
4.34
3.11% of price
Prior day high
139.45
PDH
Prior day low
135.54
PDL
Bid / ask spread
—
Quote not published
Session volume
746.69K
Avg 430.87K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-3.58%
-5.5%
1M
-23.58%
-24.7%
3M
-10.48%
-15.0%
6M
-1.41%
-19.6%
YTD
-16.48%
-30.7%
1Y
-22.20%
-38.6%
3Y
+75.79%
-6.5%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on PJT open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+57.66K
Net buying
Buy transactions
7
80.61K shares
Sell transactions
6
22.95K shares
Net transactions
+13
Buys less sells
Sell : buy shares
0.3 : 1
Mixed
Insider-held shares
1.83M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 21, 26 | COSTOS JAMES Director |
SELL | 1.72K | $301.52K | Direct |
| Aug 21, 26 | CORNWELL KIEVDI DON Director |
SELL | 7.84K | $1.36M | Direct |
| Aug 10, 26 | RAFFERTY EMILY K. Director |
SELL | 1.10K | $184.09K | Direct |
| Jul 31, 26 | SKAUGEN GRACE REKSTEN Director |
SELL | 1.28K | $215.12K | Direct |
| Jul 30, 26 | TAUBMAN PAUL J Chief Executive Officer |
CONVERSION | 36.00K | $5.98M | Direct |
| Jun 1, 26 | RYAN THOMAS M Director |
— | 2.57K | — | Direct |
| Jun 1, 26 | WHITNEY KENNETH C. Director |
— | 1.28K | — | Direct |
| Jun 1, 26 | RAFFERTY EMILY K. Director |
— | 1.54K | — | Direct |
| Jun 1, 26 | COSTOS JAMES Director |
— | 1.93K | — | Direct |
| Jun 1, 26 | SKAUGEN GRACE REKSTEN Director |
— | 1.28K | — | Direct |
| May 6, 26 | TRAVIN DAVID ADAM General Counsel |
SELL | 3.00K | $457.28K | Direct |
| May 1, 26 | MEATES HELEN T Chief Financial Officer |
SELL | 8.00K | $1.23M | Direct |
| Apr 30, 26 | TAUBMAN PAUL J Chief Executive Officer |
CONVERSION | 36.00K | $5.46M | Direct |
| Mar 2, 26 | MEATES HELEN T Chief Financial Officer |
— | 9.63K | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
CORNWELL KIEVDI DON |
Director | 18.86K | Sale |
COSTOS JAMES |
Director | 11.29K | Sale |
LEE JI-YEUN |
Officer | 88.40K | Conversion of Exercise of derivative security |
MEATES HELEN T |
Chief Financial Officer | 58.47K | Sale |
RAFFERTY EMILY K. |
Director | 9.57K | Sale |
RYAN THOMAS M |
Director | 41.96K | Conversion of Exercise of derivative security |
SKAUGEN GRACE REKSTEN |
Director | 500 | Sale |
TAUBMAN PAUL J |
Chief Executive Officer | 0 | Conversion of Exercise of derivative security |
TRAVIN DAVID ADAM |
General Counsel | 2.05K | Sale |
WHITNEY KENNETH C. |
Director | 12.11K | Conversion of Exercise of derivative security |
Fundamentals
Market cap$5.95B
Enterprise value$4.43B
Revenue (TTM)$1.89B
Gross profit$1.80B
EBITDA—
Net income$199.53M
EPS (TTM)$7.32
Free cash flow—
Total cash$235.54M
Total debt$419.35M
Book value / share$12.20
Shares outstanding25.56M
Float23.73M
Short % of float9.31%
Dividend yield0.72%
Beta (5Y)0.88
Valuation & profitability ratios
Trailing P/E19.08
Forward P/E15.77
PEG ratio—
Price / sales—
Price / book11.45
EV / revenue2.35
EV / EBITDA—
Gross margin95.25%
Operating margin20.99%
Profit margin10.58%
Return on equity37.63%
Return on assets21.10%
Debt / equity42.65
Current ratio1.71
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $1.71B | $1.49B | $1.15B | $1.03B | +14.8% |
| Operating revenue | $1.71B | $1.49B | $1.15B | $1.03B | +14.8% |
| Cost of revenue | $1.16B | $1.03B | $805.38M | $669.14M | +12.2% |
| Gross profit | $555.72M | $461.11M | $347.80M | $356.36M | +20.5% |
| Selling, general & admin | $133.52M | $121.45M | $104.76M | $79.35M | +9.9% |
| Total operating expense | $192.86M | $171.25M | $149.99M | $125.23M | +12.6% |
| Operating income | $362.86M | $289.85M | $197.80M | $231.13M | +25.2% |
| Pre-tax income | $342.92M | $270.57M | $177.61M | $201.47M | +26.7% |
| Tax provision | $33.18M | $32.10M | $31.93M | $36.70M | +3.4% |
| Net income | $180.12M | $134.39M | $81.80M | $90.53M | +34.0% |
| Net income to common | $180.12M | $134.39M | $81.80M | $90.53M | +34.0% |
| Basic EPS | 7.00 | 5.28 | 3.24 | 3.61 | +32.6% |
| Diluted EPS | 6.68 | 4.92 | 3.12 | 3.51 | +35.8% |
| EBIT | $362.86M | $289.85M | $197.80M | $231.13M | +25.2% |
| EBITDA | $394.11M | $318.52M | $234.46M | $267.35M | +23.7% |
| Basic shares | 25.72M | 25.45M | 25.26M | 25.08M | +1.1% |
| Diluted shares | 28.61M | 44.11M | 41.88M | 26.62M | -35.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $538.86M | $483.88M | $355.54M | $173.24M | +11.4% |
| Cash & short-term investments | $538.86M | $483.88M | $355.54M | $173.24M | +11.4% |
| Accounts receivable | $404.32M | $320.78M | $263.53M | $317.75M | +26.0% |
| Total current assets | $943.18M | $804.66M | $619.07M | $490.99M | +17.2% |
| Property, plant & equipment | $399.99M | $335.04M | $325.10M | $149.72M | +19.4% |
| Goodwill & intangibles | $199.07M | $204.65M | $185.69M | $190.60M | -2.7% |
| Total assets | $1.84B | $1.64B | $1.43B | $1.05B | +12.7% |
| Total current liabilities | $77.94M | $79.92M | $68.81M | $71.55M | -2.5% |
| Total debt | $413.92M | $354.52M | $330.60M | $135.63M | +16.8% |
| Total liabilities | $834.21M | $733.69M | $573.81M | $291.09M | +13.7% |
| Retained earnings | $384.19M | $228.59M | $118.33M | $60.97M | +68.1% |
| Shareholder equity | $308.25M | $187.01M | $244.67M | $185.11M | +64.8% |
| Working capital | $865.24M | $724.74M | $550.26M | $419.44M | +19.4% |
| Net tangible assets | $109.18M | -$17.63M | $58.98M | -$5.50M | +719.2% |
| Shares issued | 35.96M | 34.03M | 32.36M | 31.06M | +5.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $309.74M | $238.47M | $145.68M | $164.77M | +29.9% |
| Depreciation & amortisation | $31.25M | $28.67M | $36.66M | $36.21M | +9.0% |
| Stock-based compensation | $234.34M | $209.19M | $178.53M | $165.53M | +12.0% |
| Change in working capital | -$41.15M | $61.33M | $78.63M | -$131.17M | -167.1% |
| Operating cash flow | $526.30M | $530.95M | $441.53M | $242.73M | -0.9% |
| Capital expenditure | -$45.86M | -$3.30M | -$3.93M | -$3.43M | -1,290.6% |
| Investing cash flow | -$28.55M | $8.06M | -$34.35M | -$53.23M | -454.1% |
| Share buybacks | -$195.22M | -$235.10M | -$116.74M | -$109.48M | +17.0% |
| Dividends paid | -$24.52M | -$24.13M | -$24.44M | -$24.63M | -1.6% |
| Financing cash flow | -$453.79M | -$408.68M | -$228.08M | -$210.02M | -11.0% |
| Free cash flow | $480.44M | $527.65M | $437.61M | $239.30M | -8.9% |
| End cash position | $538.86M | $483.88M | $355.54M | $173.24M | +11.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $486.29M | $418.20M | $535.16M | $447.09M | $406.88M | +16.3% |
| Operating revenue | $486.29M | $410.95M | $535.16M | $447.09M | $406.88M | +18.3% |
| Cost of revenue | $325.60M | $280.26M | $356.65M | $303.33M | $276.83M | +16.2% |
| Gross profit | $160.69M | $137.94M | $178.51M | $143.76M | $130.05M | +16.5% |
| Selling, general & admin | $36.92M | $34.87M | $35.74M | $33.70M | $33.65M | +5.9% |
| Total operating expense | $54.28M | $52.27M | $52.19M | $47.49M | $48.37M | +3.8% |
| Operating income | $106.41M | $85.67M | $126.33M | $96.28M | $81.68M | +24.2% |
| Pre-tax income | $102.09M | $80.39M | $122.91M | $90.95M | $76.48M | +27.0% |
| Tax provision | $20.81M | -$8.87M | $23.73M | $16.00M | $15.04M | +334.6% |
| Net income | $45.83M | $60.50M | $53.36M | $39.84M | $32.90M | -24.2% |
| Net income to common | $45.83M | $60.50M | $53.36M | $39.84M | $32.90M | -24.2% |
| Basic EPS | 1.71 | 2.31 | 2.07 | 1.55 | 1.27 | -26.0% |
| Diluted EPS | 1.66 | 2.21 | 1.97 | 1.47 | 1.21 | -24.9% |
| EBIT | $106.41M | $85.67M | $126.33M | $96.28M | $81.68M | +24.2% |
| EBITDA | $115.57M | $94.35M | $134.36M | $104.14M | $89.49M | +22.5% |
| Basic shares | 26.83M | 26.23M | 25.78M | 25.75M | 25.84M | +2.3% |
| Diluted shares | 28.51M | 43.28M | 28.79M | 28.63M | 43.44M | -34.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $235.54M | $308.78M | $538.86M | $400.45M | $214.62M | -23.7% |
| Cash & short-term investments | $235.54M | $308.78M | $538.86M | $400.45M | $214.62M | -23.7% |
| Accounts receivable | $394.46M | $348.94M | $404.32M | $371.32M | $358.95M | +13.0% |
| Total current assets | $630.00M | $657.72M | $943.18M | $771.77M | $573.57M | -4.2% |
| Property, plant & equipment | $415.35M | $411.36M | $399.99M | $386.81M | $379.34M | +1.0% |
| Goodwill & intangibles | $196.53M | $197.80M | $199.07M | $200.34M | $201.77M | -0.6% |
| Total assets | $1.76B | $1.56B | $1.84B | $1.72B | $1.51B | +12.3% |
| Total current liabilities | $92.98M | $80.79M | $77.94M | $78.16M | $91.40M | +15.1% |
| Total debt | $419.35M | $421.50M | $413.92M | $413.21M | $414.66M | -0.5% |
| Total liabilities | $772.64M | $634.06M | $834.21M | $788.70M | $662.80M | +21.9% |
| Retained earnings | $477.57M | $438.16M | $384.19M | $336.91M | $303.16M | +9.0% |
| Shareholder equity | $312.06M | $272.73M | $308.25M | $228.59M | $167.44M | +14.4% |
| Working capital | $537.02M | $576.93M | $865.24M | $693.61M | $482.17M | -6.9% |
| Net tangible assets | $115.53M | $74.93M | $109.18M | $28.25M | -$34.33M | +54.2% |
| Shares issued | 25.59M | 25.91M | 35.96M | 35.92M | 35.92M | -1.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $81.28M | $89.25M | $99.18M | $74.96M | $61.44M | -8.9% |
| Depreciation & amortisation | $9.16M | $8.68M | $8.03M | $7.86M | $7.81M | +5.6% |
| Stock-based compensation | $55.47M | $85.13M | $48.52M | $47.57M | $49.45M | -34.8% |
| Change in working capital | $92.19M | -$116.29M | $3.30M | $127.71M | $75.68M | +179.3% |
| Operating cash flow | $236.96M | $64.25M | $155.71M | $256.10M | $190.43M | +268.8% |
| Capital expenditure | -$10.57M | -$8.26M | -$17.15M | -$15.21M | -$11.52M | -28.1% |
| Investing cash flow | -$228.00M | -$40.67M | $56.99M | -$32.72M | -$80.85M | -460.6% |
| Share buybacks | -$53.24M | -$61.28M | -$4.72M | $0 | -$63.36M | +13.1% |
| Dividends paid | -$6.42M | -$6.53M | -$6.09M | -$6.08M | -$6.09M | +1.6% |
| Financing cash flow | -$82.64M | -$250.76M | -$75.18M | -$39.31M | -$94.29M | +67.0% |
| Free cash flow | $226.38M | $55.99M | $138.55M | $240.90M | $178.91M | +304.3% |
| End cash position | $235.54M | $308.78M | $538.86M | $400.45M | $214.62M | -23.7% |
Options analytics
Put / call volume
0.03
Call-heavy session
Put / call open interest
0.10
Positioning, not flow
Max pain
135.00
-3.3% from spot
ATM implied vol
56.1%
Nearest strike to spot
Skew (10% OTM)
-15.7%
Calls bid over puts
Call volume
34
Contracts, this expiry
Put volume
1
Contracts, this expiry
Heaviest call OI
160.00
12 contracts
Heaviest put OI
145.00
2 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 1.57 | 1.97 | +25.6% |
| Mar 2026 | 1.53 | 1.54 | +0.7% |
| Dec 2025 | 2.40 | 2.55 | +6.4% |
| Sep 2025 | 1.40 | 1.85 | +32.1% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.67 | 7 | $435.57M | -2.6% |
| Next quarter | 2.53 | 6 | $568.29M | +6.2% |
| Current year | 7.76 | 7 | $1.91B | +11.4% |
| Next year | 8.86 | 7 | $2.13B | +11.7% |
Analyst targets & ownership
Mean target$170.20
High target$195.00
Low target$138.00
Implied upside21.88%
Analyst count5
ConsensusHOLD
Strong buy / Buy1 / 2
Hold3
Sell / Strong sell1 / 0
Held by insiders7.14%
Held by institutions90.64%
Institutions holding551
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
144.35
-3.26% from price
SMA 20
151.48
-7.81% from price
SMA 50
165.41
-15.58% from price
SMA 100
161.91
-13.75% from price
SMA 200
159.57
-12.48% from price
EMA 12
145.58
-4.07% from price
EMA 26
153.71
-9.15% from price
EMA 50
159.15
-12.25% from price
RSI (14)
26.0
Oversold
MACD (12,26,9)
-8.13
Hist -1.04
ATR (14)
4.34
3.11% of price
Realised vol 30D
27.6%
Annualised
Bollinger upper
171.98
20, 2σ
Bollinger lower
130.97
20, 2σ
50 / 200 cross
Golden
165.41 vs 159.57
Trend bias
Below 200
-12.48%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.94
Less volatile than market
Correlation to SPY
0.37
Loosely linked
Realised vol 30D
27.6%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-32.6%
Peak to trough
Max drawdown 5Y
-38.1%
Peak to trough
ATR 14
4.34
3.11% of price
Beta (reported)
0.88
5Y monthly, from filing
Short interest
Shares short
2.00M
Prior 1.97M
Change vs prior
+1.2%
Shorts adding
% of float
9.31%
Normal
% of shares out
7.80%
Against total outstanding
Days to cover
5.1
Crowded exit
Float
23.73M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 1, 26 | Goldman Sachs | MAINTAINED | Buy | Buy |
| Aug 3, 26 | BMO Capital | MAINTAINED | Outperform | Outperform |
| Jul 29, 26 | Keefe, Bruyette & Woods | MAINTAINED | Outperform | Outperform |
| Jul 10, 26 | Keefe, Bruyette & Woods | MAINTAINED | Outperform | Outperform |
| Jul 8, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Apr 29, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Apr 29, 26 | Keefe, Bruyette & Woods | MAINTAINED | Outperform | Outperform |
| Apr 8, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Apr 8, 26 | Keefe, Bruyette & Woods | UPGRADE | Market Perform | Outperform |
| Mar 12, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Feb 4, 26 | Goldman Sachs | MAINTAINED | Neutral | Neutral |
| Jan 8, 26 | Keefe, Bruyette & Woods | MAINTAINED | Market Perform | Market Perform |
Dividends & splits
Forward rate$1.00 / yr
Forward yield0.72%
5-year avg yield0.68%
Payout ratio13.66%
Ex-dividend dateSep 2, 2026
Next pay dateSep 16, 2026
Last split—
Split date—
SEC filings
Periodic Financial Reports
10-Q · 2026-07-30
Corporate Changes & Voting Matters
8-K · 2026-07-28
Corporate Changes & Voting Matters
8-K · 2026-07-16
Corporate Changes & Voting Matters
8-K · 2026-06-18
Periodic Financial Reports
10-Q · 2026-04-30
Proxy Statements
DEF 14A · 2026-04-29
Corporate Changes & Voting Matters
8-K · 2026-04-28
Periodic Financial Reports
10-K · 2026-02-26
Headlines
3 Financials Stocks to Research Further
StockStory · 8d ago
How Virtu Financial's Saudi Exchange POSIT Push Can Support Growth
Zacks · 8d ago
2 Russell 2000 Stocks with Competitive Advantages and 1 That Underwhelm
StockStory · 19d ago
HLI Flags Rising Stress Among Smaller Private-Credit Borrowers
Zacks · 25d ago
Houlihan Lokey Down 21% YTD: Buy the Dip or Stay Cautious?
Zacks · 30d ago
1 Unpopular Stock That Deserves Some Love and 2 Facing Headwinds
StockStory · 34d ago
1 Growth Stock to Add to Your Roster and 2 That Underwhelm
StockStory · 44d ago
Investment Banking & Brokerage Stocks Q2 In Review: PJT (NYSE:PJT) Vs Peers
StockStory · 46d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.