PIPRPiper Sandler CompaniesFinancial Services · Investment - Banking & Investment Servicesas of 2026-09-16
Horizon

Issued 2026-09-16 at $71.36 · now $71.36 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, PIPR has typically landed between $61.42 and $83.69 — a range of −13.9% to +17.3% from the issuance price $71.36.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

5,003 overlapping 1 month windows · 2006-09-262026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($71.36) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where PIPR has typically landed a month from the 2026-09-16 close of $71.36 — the range is history, not a prediction.

$61.42worst · -13.9%$83.69best · +17.3%
  • now $71.36 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $72.5 (+1.6%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $67.55$77.44
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $61.42$83.69
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 5,003 windows spanning 2006-09-26 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2020-02-18−59.5%−59.5%+0.3%
2020-02-20−55.0%−58.2%+0.0%
2020-02-19−54.8%−59.6%+0.0%
3 best
2020-03-18+56.9%+0.0%+60.6%
2008-10-09+55.4%+0.0%+61.8%
2009-04-08+49.1%+0.0%+49.1%

5,003 overlapping windows · 2006-09-262026-09-16 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~20 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
55%
+0.2%
n=20
Feb
45%
−1.2%
n=20
Mar
45%
−1.6%
n=20
Apr
35%
−0.1%
n=20
May
60%
+0.2%
n=20
Jun
50%
−1.5%
n=20
Jul
75%
+4.5%
n=20
Aug
55%
+1.6%
n=20
Sep
50%
−0.5%
n=20
Oct
60%
+5.8%
n=20
Nov
70%
+5.3%
n=20
Dec
60%
+3.2%
n=20

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$93$702026-05-05: 3 insider sales, $3.6M — Doyle Jonathan J …2026-05-04: 3 insider sales, $3.5M — Doyle Jonathan J …2026-02-11: 2 insider sales, $1.8M — Schoneman Debbra L. …2025-11-28: 2 insider sales, $1.0M — Abraham Chad R …2025-11-26: 3 insider sales, $1.5M — Abraham Chad R …2025-11-21: 1 insider sale, $444K — Clune Katherine Patricia2025-11-18: 1 insider sale, $190K — SORAN PHILIP2025-11-05: 4 insider sales, $826K — Schoneman Debbra L. …2025-08: 19 open-market sales, $8.4M2025-11: 11 open-market sales, $4.0M2026-02: 2 open-market sales, $1.8M2026-05: 6 open-market sales, $7.1M↑ buys↓ salesdirector Doyle Jonathan J — Sale on 2026-05-05, filed 1 day after the tradedirector Doyle Jonathan J — Sale on 2026-05-05, filed 1 day after the tradedirector Doyle Jonathan J — Sale on 2026-05-05, filed 1 day after the tradedirector Doyle Jonathan J — Sale on 2026-05-04, filed 2 days after the tradedirector Doyle Jonathan J — Sale on 2026-05-04, filed 2 days after the tradedirector Doyle Jonathan J — Sale on 2026-05-04, filed 2 days after the tradedirector Schoneman Debbra L. — Sale on 2026-02-11, filed 2 days after the tradedirector Schoneman Debbra L. — Sale on 2026-02-11, filed 2 days after the tradedirector Abraham Chad R — Sale on 2025-11-28, filed 3 days after the tradedirector Abraham Chad R — Sale on 2025-11-28, filed 3 days after the tradedirector Abraham Chad R — Sale on 2025-11-26, filed 5 days after the tradedirector Abraham Chad R — Sale on 2025-11-26, filed 5 days after the tradedirector Abraham Chad R — Sale on 2025-11-26, filed 5 days after the tradeofficer Clune Katherine Patricia — Sale on 2025-11-21, filed same daydirector SORAN PHILIP — Sale on 2025-11-18, filed 1 day after the tradedirector Schoneman Debbra L. — Sale on 2025-11-05, filed same daydirector Schoneman Debbra L. — Sale on 2025-11-05, filed same daydirector Schoneman Debbra L. — Sale on 2025-11-05, filed same daydirector Schoneman Debbra L. — Sale on 2025-11-05, filed same day
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-05-05Doyle Jonathan JdirectorSale38,600 @ $80.66$3.1M−7.5% of holding−8.5%not yet — horizon still open477,984Form 4 · filed 1 day after the trade
2026-05-05Doyle Jonathan JdirectorSale6,100 @ $79.24$483K−1.2% of holding−8.5%not yet — horizon still open516,584Form 4 · filed 1 day after the trade
2026-05-05Doyle Jonathan JdirectorSale300 @ $81.08$24K−0.1% of holding−8.5%not yet — horizon still open477,684Form 4 · filed 1 day after the trade
2026-05-04Doyle Jonathan JdirectorSale25,404 @ $77.54$2.0M−4.6% of holding−7.4%not yet — horizon still open522,984Form 4 · filed 2 days after the trade
2026-05-04Doyle Jonathan JdirectorSale19,296 @ $76.78$1.5M−3.4% of holding−7.4%not yet — horizon still open548,388Form 4 · filed 2 days after the trade
2026-05-04Doyle Jonathan JdirectorSale300 @ $78.25$23K−0.1% of holding−7.4%not yet — horizon still open522,684Form 4 · filed 2 days after the trade
2026-02-11Schoneman Debbra L.directorSale5,159 @ $351.01$1.8M−64.0% of holding−11.5%−19.2%2,896Form 4 · filed 2 days after the trade
2026-02-11Schoneman Debbra L.directorSale81 @ $350.03$28K−1.0% of holding−11.5%−19.2%8,055Form 4 · filed 2 days after the trade
2025-11-28Abraham Chad RdirectorSale1,616 @ $336.94$544K−2.9% of holding+1.3%−17.6%53,558Form 4 · filed 3 days after the trade
2025-11-28Abraham Chad RdirectorSale1,384 @ $335.36$464K−2.4% of holding+1.3%−17.6%55,174Form 4 · filed 3 days after the trade
2025-11-26Abraham Chad RdirectorSale1,630 @ $337.65$550K−2.9% of holding+2.6%−18.0%54,714Form 4 · filed 5 days after the trade
2025-11-26Abraham Chad RdirectorSale1,614 @ $336.87$544K−2.8% of holding+2.6%−18.0%56,344Form 4 · filed 5 days after the trade
2025-11-26Abraham Chad RdirectorSale1,156 @ $338.55$391K−2.1% of holding+2.6%−18.0%53,558Form 4 · filed 5 days after the trade
2025-11-21Clune Katherine PatriciaofficerSale1,367 @ $324.69$444K−11.6% of holding+3.6%−14.7%10,425Form 4 · filed same day
2025-11-18SORAN PHILIPdirectorSale598 @ $317.05$190K−3.0% of holding+6.2%−9.0%19,217Form 4 · filed 1 day after the trade
2025-11-05Schoneman Debbra L.directorSale1,237 @ $331.19$410K−29.1% of holding+3.8%−10.7%3,016Form 4 · filed same day
2025-11-05Schoneman Debbra L.directorSale700 @ $328.68$230K−13.0% of holding+3.8%−10.7%4,696Form 4 · filed same day
2025-11-05Schoneman Debbra L.directorSale443 @ $330.09$146K−9.4% of holding+3.8%−10.7%4,253Form 4 · filed same day
2025-11-05Schoneman Debbra L.directorSale120 @ $331.98$40K−4.0% of holding+3.8%−10.7%2,896Form 4 · filed same day
2025-08-11Geelan John WofficerSale1,634 @ $322.96$528K−11.4% of holding+1.0%+1.6%12,645Form 4 · filed same day
2025-08-11Geelan John WofficerSale366 @ $321.46$118K−2.5% of holding+1.0%+1.6%14,279Form 4 · filed same day
2025-08-06Abraham Chad RdirectorSale4,045 @ $323.10$1.3M−6.6% of holding−0.7%−4.5%57,169Form 4 · filed 1 day after the trade
2025-08-06Abraham Chad RdirectorSale1,929 @ $324.27$626K−3.4% of holding−0.7%−4.5%55,240Form 4 · filed 1 day after the trade
2025-08-06Abraham Chad RdirectorSale1,650 @ $324.88$536K−3.0% of holding−0.7%−4.5%53,590Form 4 · filed 1 day after the trade
2025-08-06Abraham Chad RdirectorSale344 @ $321.95$111K−0.6% of holding−0.7%−4.5%61,214Form 4 · filed 1 day after the trade
2025-08-06Abraham Chad RdirectorSale32 @ $326.23$10K−0.1% of holding−0.7%−4.5%53,558Form 4 · filed 1 day after the trade
2025-08-05TAYLOR SCOTT CdirectorSale2,600 @ $319.86$832K−13.7% of holding−0.7%−3.0%16,319Form 4 · filed 2 days after the trade
2025-08-05Abraham Chad RdirectorSale2,251 @ $317.17$714K−3.6% of holding−0.7%−3.0%59,739Form 4 · filed 2 days after the trade
2025-08-05Abraham Chad RdirectorSale1,998 @ $322.47$644K−3.6% of holding−0.7%−3.0%53,558Form 4 · filed 2 days after the trade
2025-08-05Abraham Chad RdirectorSale2,002 @ $321.42$643K−3.5% of holding−0.7%−3.0%55,556Form 4 · filed 2 days after the trade
2025-08-05Abraham Chad RdirectorSale1,383 @ $316.23$437K−2.2% of holding−0.7%−3.0%61,990Form 4 · filed 2 days after the trade
2025-08-05Abraham Chad RdirectorSale1,191 @ $318.37$379K−2.0% of holding−0.7%−3.0%58,548Form 4 · filed 2 days after the trade
2025-08-05Abraham Chad RdirectorSale990 @ $319.98$317K−1.7% of holding−0.7%−3.0%57,558Form 4 · filed 2 days after the trade
2025-08-05Abraham Chad RdirectorSale185 @ $315.09$58K−0.3% of holding−0.7%−3.0%63,373Form 4 · filed 2 days after the trade
2025-08-04Doyle Jonathan JdirectorSale1,302 @ $316.20$412K−1.0% of holding−1.4%−5.0%134,619Form 4 · filed same day
2025-08-04Doyle Jonathan JdirectorSale1,130 @ $318.19$360K−0.8% of holding−1.4%−5.0%132,910Form 4 · filed same day
2025-08-04Doyle Jonathan JdirectorSale579 @ $317.56$184K−0.4% of holding−1.4%−5.0%134,040Form 4 · filed same day
2025-08-04Doyle Jonathan JdirectorSale525 @ $314.73$165K−0.4% of holding−1.4%−5.0%135,921Form 4 · filed same day
2025-02-14SMITH SHERRY MdirectorSale2,237 @ $305.19$683K−17.6% of holding−8.3%+2.0%10,479Form 4 · filed 5 days after the trade
2025-02-14SMITH SHERRY MdirectorSale246 @ $305.07$75K−1.9% of holding−8.3%+2.0%12,716Form 4 · filed 5 days after the trade
2025-02-13Schoneman Debbra L.directorSale9,384 @ $300.10$2.8M−69.4% of holding−6.5%+3.9%4,143Form 4 · filed 1 day after the trade
2025-02-13Schoneman Debbra L.directorSale3,845 @ $297.95$1.1M−20.4% of holding−6.5%+3.9%14,992Form 4 · filed 1 day after the trade
2025-02-13Schoneman Debbra L.directorSale1,465 @ $299.02$438K−9.8% of holding−6.5%+3.9%13,527Form 4 · filed 1 day after the trade
2025-02-13Schoneman Debbra L.directorSale306 @ $300.45$92K−7.4% of holding−6.5%+3.9%3,837Form 4 · filed 1 day after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

194 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-09-11Mitchell RobbindirectorAward / grant4215,797Form 4
2026-09-11HOLT VICTORIA MdirectorAward / grant7931,942Form 4
2026-09-11Gallo Ann CdirectorAward / grant228,093Form 4
2026-09-11Sterling Brian RdirectorAward / grant33104,943Form 4
2026-09-11TAYLOR SCOTT CdirectorAward / grant9168,105Form 4
2026-09-11SORAN PHILIPdirectorAward / grant21481,847Form 4
2026-06-30Sterling Brian RdirectorAward / grant345104,910Form 4
2026-06-30SORAN PHILIPdirectorAward / grant34581,633Form 4
2026-06-30Gallo Ann CdirectorAward / grant3458,071Form 4
2026-06-12Sterling Brian RdirectorAward / grant31104,565Form 4
2026-06-12TAYLOR SCOTT CdirectorAward / grant8768,014Form 4
2026-06-12Mitchell RobbindirectorAward / grant4015,755Form 4
2026-06-12SORAN PHILIPdirectorAward / grant20681,288Form 4
2026-06-12HOLT VICTORIA MdirectorAward / grant7631,863Form 4
2026-06-12Gallo Ann CdirectorAward / grant207,726Form 4
2026-05-20TAYLOR SCOTT CdirectorAward / grant1,87567,927Form 4
2026-05-20Mitchell RobbindirectorAward / grant1,87515,715Form 4
2026-05-20ESSIG STUARTdirectorAward / grant1,8752,575Form 4
2026-05-20SCHREIER THOMAS S JRdirectorAward / grant1,87532,479Form 4
2026-05-20SORAN PHILIPdirectorAward / grant1,87581,082Form 4
2026-05-20Gallo Ann CdirectorAward / grant1,8757,706Form 4
2026-05-20HOLT VICTORIA MdirectorAward / grant1,87531,787Form 4
2026-05-20Sterling Brian RdirectorAward / grant1,875104,534Form 4
2026-03-31Gallo Ann CdirectorAward / grant3235,831Form 4
2026-03-31Sterling Brian RdirectorAward / grant323102,659Form 4
2026-03-31SORAN PHILIPdirectorAward / grant32379,207Form 4
2026-03-13Mitchell RobbindirectorAward / grant693,460Form 4
2026-03-13Sterling Brian RdirectorAward / grant5925,584Form 4
2026-03-13TAYLOR SCOTT CdirectorAward / grant16116,513Form 4
2026-03-13SORAN PHILIPdirectorAward / grant39119,721Form 4
2026-03-13Gallo Ann CdirectorAward / grant281,377Form 4
2026-03-13HOLT VICTORIA MdirectorAward / grant1397,478Form 4
2026-02-26Baker James PofficerAward / grant7,37769,069Form 4
2026-02-26Schoneman Debbra L.directorAward / grant6,1919,129Form 4
2026-02-26Geelan John WofficerWithheld for tax82413,983Form 4
2026-02-26Geelan John WofficerAward / grant1,80614,807Form 4
2026-02-26Doyle Jonathan JdirectorWithheld for tax5,937141,921Form 4
2026-02-26Doyle Jonathan JdirectorAward / grant14,443147,858Form 4
2026-02-26Dillahunt Michael RofficerWithheld for tax3,92925,736Form 4
2026-02-26Dillahunt Michael RofficerAward / grant8,61529,665Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.