EVR.NYSEEvercore INC

SCHEDULE 13D/A: Edward S. Hyman Amends Evercore Inc. Stake, Discloses Recent Share Sales

Sentiment:

Beneficial Ownership Amendment


Edward S. Hyman has filed an amended Schedule 13D, revealing a 4.3% beneficial ownership in Evercore Inc. and detailing recent open market sales of Class A Common Stock.

Summary

  • Edward S. Hyman beneficially owns 1,643,035 shares of Evercore Inc. Class A Common Stock as of February 10, 2025.
  • This ownership represents 4.3% of the total Class A Common Stock outstanding.
  • The filing is an Amendment No. 1 to a previously filed Schedule 13D.
  • Mr. Hyman conducted open market sales of Class A Common Stock between February 4, 2025, and February 10, 2025.
  • A total of 63,484 shares were sold during this period across four separate transactions.
  • The sale prices per share ranged from a high of $285.37 on February 6, 2025, to a low of $272.19 on February 10, 2025.

Sentiment

Score: 4

Explanation: The filing reports a reduction in a significant shareholder's stake through open market sales, which could be perceived as a slightly negative signal, though it is a routine disclosure of a transaction.

Negatives

  • Edward S. Hyman, a significant beneficial owner, has sold a total of 63,484 shares of Evercore Inc. Class A Common Stock through open market transactions between February 4, 2025, and February 10, 2025.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: The sale of shares by a significant beneficial owner could be interpreted by other shareholders as a lack of confidence or a move to diversify, potentially influencing their investment decisions.

Key Dates

DateDescription
2025-02-04Sale of 7,659 shares of Class A Common Stock at $282.85 per share.
2025-02-06Sale of 17,139 shares of Class A Common Stock at $285.37 per share.
2025-02-07Sale of 21,184 shares of Class A Common Stock at $275.51 per share.
2025-02-10Date of event requiring filing of this statement; Sale of 17,502 shares of Class A Common Stock at $272.19 per share.
2025-02-12Signature date of the Schedule 13D Amendment No. 1.

Keywords

Evercore Inc., EVR, Schedule 13D, Beneficial Ownership, Edward S. Hyman, Class A Common Stock, SEC Filing, Share Sales, Institutional Investor

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