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Piper Sandler Companies (PIPR) Stock News, Aug 2022-Jan 2023

PIPR NYSE

Piper Sandler Companies reports news on its investment banking and institutional securities business, including advisory services, equity and debt capital markets, public finance, institutional brokerage, research, fixed income, and alternative asset management activities. Coverage commonly includes financial results, dividends, capital actions, and updates to teams serving corporate, private equity, public entity, nonprofit, and institutional investor clients.

Company announcements also cover platform expansion in areas such as distressed debt, special assets, healthcare investment banking, life sciences outsourcing, B2B med tech, and fixed income. Governance-related news includes board appointments and other corporate updates tied to the firm’s public-company structure.

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Piper Sandler (NYSE: PIPR) has been named a Preferred Partner by NAFCU Services, enabling enhanced access to their financial expertise for credit unions. This partnership, approved by credit union CEOs, aims to provide tailored strategies that cater to various credit union models. Jake Pettit and Jon Searles from Piper Sandler highlighted the importance of their commitment to addressing the needs of credit unions amidst current market challenges. Founded in 1895, Piper Sandler is a prominent investment bank with a global presence, focusing on delivering impactful financial solutions.

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Piper Sandler Companies (NYSE: PIPR) has announced the hiring of Amit Jain as a managing director in its financial services group, specifically within the asset and wealth management investment banking team in New York. Jain brings significant experience from Nomura Securities International and Wells Fargo Securities, where he oversaw major transactions in the asset management sector. This expansion of the team reflects Piper Sandler's commitment to enhancing its service capabilities in strategic advising and capital raising.

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Piper Sandler Companies (NYSE: PIPR) has appointed James "Jim" Reilly as a managing director in its Minneapolis office. Reilly, with over a decade of experience in investment banking, will co-lead the firm’s vehicle aftermarket coverage. Previously, he served at Lazard, where he focused on automotive aftermarket advisory. Piper Sandler emphasizes Reilly’s extensive industry knowledge and network, anticipating that his leadership will enhance their capabilities in this growing market segment.

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Piper Sandler (NYSE: PIPR) has announced its latest financial results as of October 28, 2022. Investors can join the earnings conference call at 8:00 a.m. CT, with dial-in options available for both U.S. and international participants. The call will also be accessible via an audio webcast. The complete earnings release is available on pipersandler.com/earnings. As a leading investment bank, Piper Sandler continues to provide securities brokerage and investment banking services across various regions, reinforcing its commitment to partnership in the financial industry.

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Piper Sandler Companies (NYSE: PIPR) will announce its third quarter 2022 financial results on October 28, 2022, before market opening. The earnings report will be available on the company's website, pipersandler.com. A conference call to discuss the results will be held at 9 a.m. ET, featuring CEO Chad Abraham, President Debbra Schoneman, and CFO Tim Carter. Callers can access the event via phone or audio webcast. A replay will be available three hours post-call.

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Piper Sandler Companies (NYSE: PIPR) has completed the acquisition of DBO Partners, a technology investment banking firm based in the San Francisco Bay Area. Founded in 2012, DBO Partners specializes in M&A and capital raising transactions in technology sectors. This acquisition enhances Piper Sandler’s technology investment banking capabilities and expands its client service in a tech-centric market. Key appointments include Nick Osborne as co-head of technology investment banking, alongside Steve Schmidt. The acquisition aims to grow Piper Sandler’s presence in technology investment banking.

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Piper Sandler Companies (NYSE: PIPR) has approved equity awards totaling $17.5 million as part of its acquisition of DBO Partners. The awards, granted under the 2022 employment inducement award plan, will be issued in restricted shares to eight DBO employees transitioning to Piper Sandler. This move is aimed at retaining talent post-acquisition and will reflect the trading price of Piper Sandler stock prior to the deal's closing. The awards comply with NYSE rules regarding employment inducement awards.

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Piper Sandler Companies (NYSE: PIPR) announces the appointment of Luke Lemoine as managing director and senior research analyst for the oilfield services sector, based in New Orleans, LA. Lemoine joins after 17 years at Capital One Securities, where he focused on equity research in energy. His extensive experience and commitment to client service are expected to enhance Piper Sandler's energy and power research team. The firm has over 60 analysts covering various sectors including energy and technology.

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FAQ

What is the current stock price of Piper Sandler Companies (PIPR)?

Piper Sandler Companies (PIPR) last closed at $67.42.

What is the market cap of Piper Sandler Companies (PIPR)?

The market cap of Piper Sandler Companies (PIPR) is approximately $4.8B.