Houlihan Lokey director Zucker sells $31,654 in stock

Published 13/03/2025, 22:18
Houlihan Lokey director Zucker sells $31,654 in stock

Gillian Beth Zucker, a director at Houlihan Lokey, Inc. (NYSE:HLI), recently sold 200 shares of the company’s Class A common stock. The investment banking firm, currently valued at $10.9 billion, has demonstrated strong financial performance with a 22% revenue growth in the last twelve months. According to InvestingPro analysis, the stock appears to be trading near its Fair Value, with a P/E ratio of 28.5x. The transaction, which took place on March 13, 2025, was executed at a price of $158.27 per share, amounting to a total sale of $31,654. Following this sale, Zucker retains ownership of 5,601 shares. The stock sale was conducted under a Rule 10b5-1 trading plan, which Zucker adopted on May 21, 2024. For deeper insights into insider trading patterns and comprehensive analysis, including 8+ additional ProTips, check out the full company report on InvestingPro.

In other recent news, Houlihan Lokey reported strong financial results for the third quarter of fiscal 2025, with earnings per share (EPS) of $1.64, surpassing analyst expectations of $1.49. The company’s revenue reached $634 million, exceeding the forecast of $591.45 million, marking a 24% year-over-year increase. Morgan Stanley (NYSE:MS) upgraded Houlihan Lokey’s stock from Underweight to Overweight, citing the company’s defensive investment appeal and effective cost management strategies. The upgrade reflects confidence in Houlihan Lokey’s ability to manage earnings volatility, particularly in bear market scenarios, with a revised price target of $190.

Kraft Heinz (NASDAQ:KHC) is reportedly seeking to sell its Italian infant food brand, Plasmon, with investment bank Houlihan Lokey engaged to facilitate the sale. This move follows a previous attempt to sell the brand in 2019, and binding offers are expected by March. Houlihan Lokey’s Corporate Finance segment showed a significant 36% revenue increase, contributing to the company’s robust financial performance. The positive outlook for fiscal 2026 suggests continued improvements in the M&A markets, with Houlihan Lokey maintaining a stable market position. The company also remains optimistic about its restructuring revenue, which showed a slight 2% increase, reflecting resilience amid economic uncertainties.

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