Insider transaction details
Evercore Inc. (NYSE: EVR) General Counsel Jason Klurfeld sold 5,000 shares of the company's Class A common stock on February 6, 2026, at a per-share price of $360.00, generating proceeds of $1.8 million, according to a Form 4 filing with the Securities and Exchange Commission.
In a separate entry on the same filing, Klurfeld also surrendered 5,319 shares on February 4, 2026. Those shares were turned back to Evercore to satisfy tax obligations arising from the vesting of previously granted restricted stock units. The surrendered shares were valued at $1.84 million, based on a per-share price of $346.2325.
Post-transaction holdings
Following the sale and the tax-related surrender, Klurfeld's direct ownership in Evercore stands at 49,368 shares, as reported in the filing.
Company performance and analyst update
These insider actions coincide with a period in which Evercore reported robust fourth-quarter results for 2025. The firm posted an adjusted earnings per share (EPS) of $5.13 for Q4 2025, surpassing the Wall Street expectation of $4.02. Revenue for the quarter reached $1.28 billion, ahead of analysts' projections of $1.12 billion. The numbers reflect results that outpaced consensus estimates and have been highlighted as evidence of strong company performance.
In a related development, Morgan Stanley raised its price target on Evercore to $381 from $376. The brokerage's adjustment followed revisions to its earnings forecasts, with its 2026 EPS estimate increased by $0.38 to $19.75 and its 2027 EPS estimate raised by $0.30 to $27.19. Despite the higher price target and updated projections, Morgan Stanley maintains an Equalweight rating on the investment banking advisory firm.
Context and takeaway
The SEC Form 4 entries document both a market sale and a share surrender to cover taxes tied to equity vesting, leaving Klurfeld with just under 50,000 shares. Separately, the company’s reported Q4 2025 results and the modest analyst target increase were included in public commentary on Evercore’s recent performance.
Note: This article reports the transactions and company disclosures as filed and announced; it does not attempt to interpret motive or forecast future stock movement.