This page follows insider dealings at Piper Sandler Companies as filed with SEC (Form 4), a company from the Finance & Banking sector based in Minneapolis, United States. The group dates from 1895. Over the twelve months to 18 October 2026, the company's managers filed 52 filings, from 16 insiders.
No insider bought on the market over the period, while 2 insiders filed 2 sales totalling €548k. One trade stands out by size: a sale of €385k from Clune Katherine Patricia, disclosed on 21 November 2025.
Filings reach the SEC (Form 4) feed a median of 3 days after the trade. For comparison, the SEC allows two business days to file a Form 4. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify.
With 52 filings in twelve months, the company is more active than the median of 22 filings across the 5,458 companies we follow on the same exchange. Looking back to 2016, when coverage begins, insiders filed no purchases and 36 sales. The 10-K for the year ended 31 December 2025 shows 1.90 bn USD of revenue and 281.3 m USD of net income and a dividend of 5.70 USD per share.
Other companies in the same sector with recent insider buying flagged by our signals: First Guaranty Bancshares, Inc. and BCB Bancorp Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Analysts rate Piper Sandler Companies Buy (bullish), based on 4 analysts. Average price target: US$79.38.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
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Piper Sandler Companies (NYSE: PIPR) is a U.S.-based investment bank and institutional securities firm with a long operating history and a selective international footprint. Founded in 1895, the company is widely positioned as a leading middle-market advisor, with capabilities spanning mergers and acquisitions, equity and debt capital markets, public finance, institutional brokerage, equity and macro research, fixed income services, and certain alternative asset management strategies. Its headquarters are in Minneapolis, Minnesota, and it operates through more than 60 offices across the United States as well as in London, Aberdeen, Munich, Paris, Zurich, and Hong Kong. ([pipersandler.com](https://www.pipersandler.com/who-we-are?utm_source=openai))
Piper Sandler’s business model is built around an integrated advisory and markets platform. The firm serves corporations, private equity sponsors, public entities, nonprofit organizations, and institutional investors. According to its annual report, the company operates as a single reportable segment, reflecting a strategy of combining investment banking, institutional sales and trading, and research to deepen client relationships and improve cross-sell opportunities. That structure is typical of boutique-to-mid-cap advisory firms that compete on sector expertise, responsiveness, and execution quality rather than on balance-sheet size alone. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1230245/000123024525000038/pipr-20241231.htm?utm_source=openai))
From a competitive standpoint, Piper Sandler is best understood as a specialist franchise with strong relevance in mid-market M&A and capital markets activity. It emphasizes deep sector coverage and a partnership-oriented client service model. The company also highlights a meaningful fixed income platform, which has been expanded over time through acquisitions, alongside an equities franchise that connects research, trading, conferences, and institutional access. This combination gives PIPR a diversified revenue mix for a specialty investment bank, while still leaving it sensitive to broader deal-making and capital markets cycles. ([pipersandler.com](https://www.pipersandler.com/fixed-income?utm_source=openai))
Recent developments point to continued operational momentum. Piper Sandler reported first-quarter 2026 results on May 1, 2026, and increased its quarterly dividend to $0.20 per share. In April 2026, the firm announced the addition of a senior healthcare investment banking professional, underscoring ongoing investment in sector coverage. Its 2025 annual report also noted the relocation of its Minneapolis corporate headquarters to a new building, and the company disclosed a four-for-one forward stock split approved in February 2026. For investors, PIPR represents a specialized U.S. listed financial stock on the NYSE, exposed to market activity but supported by a differentiated advisory-led franchise and recurring institutional relationships. ([pipersandler.com](https://www.pipersandler.com/sites/default/files/document/4Q2025_PSC_earnings_release.pdf?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendationsHeadquarters: Minneapolis, United States · Founded: 1895 · Wikipedia article
Source: Wikidata (CC0).
| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2025 | 1.90 bn USD | 281.3 m USD | 15.82 USD | 5.70 USD | 10-K |
| Dec 2024 | 1.53 bn USD | 181.1 m USD | 10.24 USD | 3.50 USD | 10-K |
| Dec 2023 | 1.36 bn USD | 85.5 m USD | 4.96 USD | 3.65 USD | 10-K |
| Dec 2022 | 1.44 bn USD | 110.7 m USD | 6.52 USD | 6.90 USD | 10-K |
| Dec 2021 | 2.04 bn USD | 278.5 m USD | 16.43 USD | 6.80 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.