Vikrant Sawhney sold 30,014 shares of Blackstone on Friday, May 1st at an average price of $125.79, raising $3,775,461.06 and reducing his direct stake by 3.23 percent.
Sawhney still directly owns 899,669 shares in Blackstone, valued at approximately $113,169,363.51 after the sale, and his trimming is the most recent high‑profile insider transaction in a stretch of heavy activity around the firm.
The scale of activity is striking: corporate insiders bought 12,355,303 shares of Blackstone in the last 90 days at a combined value of $264,789,896 while insiders sold 9,128,660 shares valued at $46,457,920 over the same period, leaving net insider purchases by count and value.
Those insider flows sit beside a dramatic institutional move earlier in the spring. Major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares on Tuesday, March 17th at an average price of $3.51 for a total of $26,246,039.04, a transaction that reduced its ownership by 99.66 percent and left it with 25,832 shares valued at about $90,670.32.
Legal & General Group Plc also altered its position during the year. In the fourth quarter it sold 49,489 shares, a 1.1 percent reduction that left the firm with 4,628,508 shares — 0.63 percent of Blackstone — reported as worth $713,438,000 in its most recent SEC filing.
The market’s advisers are similarly split. Eleven analysts rate Blackstone a Buy, eleven assign a Hold and one gives a Sell, and several firms have shifted price targets in recent weeks. UBS lowered its target from $171.00 to $137.00 and kept a neutral rating on February 20th; HSBC trimmed its target from $164.00 to $131.00 and set a hold rating on April 10th; BMO Capital Markets raised its target from $126.00 to $132.00 and kept an outperform rating on April 13th; Citizens JMP nudged its target from $195.00 to $190.00 and kept a market outperform rating on April 22nd; and The Goldman Sachs Group cut its target from $118.00 to $116.00 and kept a neutral rating on April 24th.
Those analyst moves sit on top of a firmwide ownership picture in which institutional investors hold 70.00 percent of Blackstone stock while corporate insiders own 1.00 percent, underscoring that shifting positions by large institutions and a handful of executives carry outsized weight for the stock.
The story contains an immediate tension: a single large, low‑priced sale by Bx Buzz Ml-1 Gp Llc in mid‑March contrasts with recent insider buying at much higher aggregate value and with Sawhney’s relatively small trim at $125.79 a share. The same company’s ownership figures show both a nearly total exit by one holder and continuing accumulation by insiders in the same window.
The clear, data‑driven conclusion is that insider activity has been net positive in the last 90 days — purchases outpaced sales both in volume and dollar value — even as headline transactions by large holders and mixed analyst target moves have injected volatility. Sawhney’s May 1st sale reduced his stake only modestly and he remains a substantial direct holder; combined with net insider buying, that pattern suggests internal investors are not uniformly exiting Blackstone right now.
