piper sandler companies (nyse: pipr) is a leading investment bank driven to help clients realize the power of partnership®. founded in 1895, the firm is headquartered in minneapolis with more than 50 offices across the u.s. and in london, aberdeen and hong kong. we offer a full suite of products to serve our clients’ business life cycle needs, geographic reach in an increasingly global market, and deep expertise in our core sectors. more at pipersandler.com. disclaimer piper sandler companies (nyse: pipr) is a leading investment bank driven to help clients realize the power of partnership®. securities brokerage and investment banking services are offered in the u.s. through piper sandler & co., member sipc and nyse; in the u.k. through piper sandler ltd., authorized and regulated by the u.k. financial conduct authority; and in hong kong through piper sandler hong kong ltd., authorized and regulated by the securities and futures commission. alternative asset management and fixed income
Company profile
Ticker
PIPR
Exchange
Website
CEO
Chad Abraham
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
PIPER JAFFRAY COMPANIES
SEC CIK
Corporate docs
Subsidiaries
Piper Sandler & Co. • Piper Sandler European Holdings Co. • Piper Sandler Ltd. • Parallel General Partner Limited • Piper Sandler SP Ltd • Piper Sandler Financial Products Inc. • Piper Sandler Financial Products II Inc. • Piper Jaffray Funding LLC • Piper Jaffray Lending LLC • Piper Jaffray Private Capital Inc. ...
IRS number
300168701
PIPR stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
12 Apr 24
DEFA14A
Additional proxy soliciting materials
12 Apr 24
DEF 14A
Definitive proxy
12 Apr 24
ARS
2023 FY
Annual report to shareholders
28 Mar 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
Declares Special Dividend of $1.00 Per Share and Quarterly Dividend of $0.60 Per Share
2 Feb 24
8-K
Regulation FD Disclosure
2 Jan 24
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Declares Quarterly Dividend of $0.60 Per Share
27 Oct 23
8-K
Departure of Directors or Certain Officers
12 Sep 23
Transcripts
PIPR
Earnings call transcript
2023 Q3
27 Oct 23
PIPR
Earnings call transcript
2023 Q2
28 Jul 23
PIPR
Earnings call transcript
2023 Q1
2 May 23
PIPR
Earnings call transcript
2022 Q4
3 Feb 23
PIPR
Earnings call transcript
2022 Q3
28 Oct 22
PIPR
Earnings call transcript
2022 Q2
30 Jul 22
PIPR
Earnings call transcript
2022 Q1
29 Apr 22
PIPR
Earnings call transcript
2021 Q4
10 Feb 22
PIPR
Earnings call transcript
2021 Q3
29 Oct 21
PIPR
Earnings call transcript
2021 Q2
1 Aug 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 51.88 mm | 51.88 mm | 51.88 mm | 51.88 mm | 51.88 mm | 51.88 mm |
Cash burn (monthly) | 5.12 mm | 18.55 mm | 1.15 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 34.20 mm | 124.02 mm | 7.69 mm | n/a | n/a | n/a |
Cash remaining | 17.68 mm | -72.15 mm | 44.19 mm | n/a | n/a | n/a |
Runway (months of cash) | 3.5 | -3.9 | 38.4 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
70.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 234 |
Opened positions | 30 |
Closed positions | 23 |
Increased positions | 68 |
Reduced positions | 76 |
13F shares | Current |
---|---|
Total value | 1.79 tn |
Total shares | 12.40 mm |
Total puts | 5.70 k |
Total calls | 15.20 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 2.39 mm | $346.93 bn |
Vanguard | 1.94 mm | $281.21 bn |
STT State Street | 628.14 k | $91.27 bn |
WHG Westwood | 507.80 k | $73.82 bn |
Dimensional Fund Advisors | 500.49 k | $72.73 bn |
Stephens Investment Management | 447.77 k | $65.07 bn |
GW&K Investment Management | 413.43 k | $60.10 bn |
JHG Janus Henderson | 337.12 k | $48.99 bn |
Geode Capital Management | 324.41 k | $47.15 bn |
BEN Franklin Resources | 311.80 k | $45.31 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Soran Philip | Common Stock | Grant | Acquire A | No | No | 0 | 165 | 0.00 | 23,469 |
1 Apr 24 | Brian R Sterling | Common Stock | Grant | Acquire A | No | No | 0 | 127 | 0.00 | 23,756 |
1 Apr 24 | Taylor Scott C | Common Stock | Grant | Acquire A | No | No | 0 | 140 | 0.00 | 17,343 |
15 Mar 24 | Holt Victoria M | Common Stock | Grant | Acquire A | No | No | 0 | 51 | 0.00 | 6,083 |
15 Mar 24 | Fitzgerald William R | Common Stock | Grant | Acquire A | No | No | 0 | 190 | 0.00 | 24,468 |