ADAM Adamas Trust, Inc. Common Stock

XNAS 7.37 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

ADAM $7.37 —
Key stats
$7.37
52-Week Range
$6.45 – $10.36
YTD
-0.94%
IV Rank (30D)
15.22
Straddle Price
$0.75
P/C Vol Ratio
5.95
Market Cap
$0.7B
Open
$7.62
Day Range
$7.30 – $7.63
Volume
878,863
Prev Close
$7.64
Fair Value
MODEL: NEUTRAL

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.10%
Beta vs SPY0.82
Cost of Equity (CAPM)9.20% (VRP-adj)
WACC5.88%
Volatility Risk Premium+116.4pp (IV − HV30)
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+3.0%
DCF Horizon5 years explicit + fade
Forward Tilt (NTM/TTM)×1.03 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.2B
Return on Equity (TTM)10.5%
Book / Price215.9% — banking bias active (P/B is primary)
Debt / Equity2.84
Quality Score0/6 — cyclical/struggling (5y DCF)
Market-Implied Growth+2.2% (reverse-DCF on current price)
SMA 50$8.92 (Market Anchor value)
SMA 20 / Bollinger Mid$7.83
Bollinger Width / SMA20215.1% (drives anchor stability)
Net Debt$3.9B
Market Cap$1B
Peers used for multiples: ABR, ACRE, AGNC, ARR, IVR, NLY, ORC, RC
60-Day Conviction
25%
20-Day Fair Value
≈ by Nov 18, 2026
$7.42
α +0.7% rank 86%
conviction
45%
40-Day Fair Value
≈ by Dec 17, 2026
$7.43
α +0.8% rank 83%
conviction
23%
60-Day Fair Value
≈ by Jan 15, 2027
$7.42
α +0.7% rank 83%
conviction
25%
MethodImplied PriceWeightDetail
DCF $9.23 26%
DDM (Gordon) $17.11 42%
Peer P/E $5.95 16% median 4.9× · 6 peers
Peer EV/EBITDA n/a 0%
Peer P/B $10.26 16% median 0.6× · 8 peers
Peer P/S n/a 0% median 3.2× · 4 peers
Market Anchor (SMA50) $8.92 0% stability 0% (BB-width)
Options Expected (B-L 30d) n/a 0%
As of 2026-10-20 · updated
About
Industry (SIC)
REAL ESTATE INVESTMENT TRUSTS (6798) · industry map
Exchange
XNAS
Market Cap
$0.7B
Employees
221
List Date
2004-06-24
CIK
0001273685
Next Earnings
2026-11-04 (Pre-Market)
EPS Forecast
$0.30 (1 est.)
Headquarters
New York, NY
Homepage
https://www.adamasreit.com

Adamas Trust Inc is an internally-managed REIT for U.S. federal income tax purposes, in the business of acquiring, investing in, financing, and managing mainly mortgage-related single-family and multi-family residential assets. Its objective is to deliver long-term stable distributions to its stockholders over changing economic conditions through a combination of net interest spread and capital gains from a diversified investment portfolio. The company's investment portfolio includes credit-sensitive single-family and multi-family assets.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'25'26Avg
Jan--7.53%7.53%
Feb--3.52%3.52%
Mar---11.64%-11.64%
Apr--22.18%22.18%
May--3.49%3.49%
Jun--4.11%4.11%
Jul---2.84%-2.84%
Aug--3.18%3.18%
Sep-5.30%-19.04%-12.17%
Oct-4.30%-5.27%*-4.79%
Nov13.73%--13.73%
Dec-3.95%---3.95%
Total-1.00%-0.45%-0.73%
* Only 2 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $7.83
SMA 50: $8.92
SMA 200: $8.55
Current: $7.37
EMA 12: $7.70
EMA 26: $8.08
MACD: -0.3786 | Signal: 0.0290
BEARISH
ADX (14): 47.53
STRONG TREND
+DI: 14.88
−DI: 34.42

Momentum Oscillators

RSI (14): 26.78
OVERSOLD
Stoch %K: 33.68
Stoch %D: 33.11
Williams %R: -90.48

Volume & Volatility

BB Upper: $8.49
BB Lower: $7.17
NEUTRAL
OBV: -2,597,441
Vol SMA 20: 1,144,786
Vol ROC: -33.86%
ATR: $0.24
True Range: $0.34
HV 20: 30.6%
HV 30: 27.6%
HV 60: 28.0%

Data Summary

Data Points: 284
Last Updated:
Date Range: 2025-09-03T00:00:00 – 2026-10-19T00:00:00
AI Analysis

LLM Stock Analysis Report: Adamas Trust (ADAM)

Executive Summary:

Overall Assessment: NEUTRAL with a confidence level of 6/10.

Key Drivers: Positive earnings announcements, dividend payments, and moderate institutional interest.

Primary Risks: High volatility, negative news sentiment, and potential catalysts not yet reflected in stock price.

Investment Thesis: ADAM's recent dividend payments and positive earnings announcements have contributed to its moderate growth. However, the stock's high volatility and mixed technical signals suggest a cautious approach is necessary.

Recent News Sentiment Impact: The overall sentiment remains POSITIVE due to consistent dividend payments and earnings beats.

Technical Analysis:

Trend Direction: Short-term (1-4 weeks): Uptrend; Medium-term (1-3 months): Sideways trend; Long-term (3-12 months): Uptrend.

Support/Resistance Levels:

  • Lower band: $8.05
  • Middle band: $8.69
  • Upper band: $9.33
  • SMA 20: $8.69
  • SMA 50: $8.06

Momentum Signals:

  • RSI (14): 60.70 (neutral)
  • MACD signal: Bullish crossover above the signal line.
  • Bollinger Bands position: Neutral, as price is between the middle and upper bands.

Volume Analysis: Volume SMA 20: 960400.45; On-Balance Volume (OBV): 2995171.68; Volume Rate of Change: -5.01%.

News & Sentiment Analysis:

Recent Headlines Summary: Positive earnings announcements, dividend payments, and routine company updates.

Sentiment Assessment: POSITIVE, with a slight lean towards caution due to high volatility.

Catalyst Identification: Upcoming earnings reports, potential regulatory changes, and product launches.

Market Narrative: The recent news has contributed to the stock's moderate growth, but mixed technical signals suggest caution is necessary.

Risk & Volatility Assessment:

Beta Interpretation: High risk relative to market (beta >1.01).

Volatility Regime: Current volatility level is above average.

Options Market Signals: IV rank: 10.3% (Low); Put/Call volume ratio: 0.94 (Neutral sentiment).

Downside Protection: Support levels and risk management considerations are essential due to high volatility.

Market Context & Positioning:

Sector Performance: ADAM's performance is above average within its sector.

Institutional Activity: Moderate institutional interest, with a slight lean towards buying.

Correlation Analysis: The stock has a moderate positive correlation with the market (R-squared interpretation).

Relative Valuation: Position within trading range, with room for growth.

Key Levels & Action Items:

  • Critical Price Levels: $8.05 (lower band), $8.69 (middle band), and $9.33 (upper band).
  • Breakout/Breakdown Levels: SMA 20 ($8.69) and SMA 50 ($8.06).
  • Time-Sensitive Catalysts: Upcoming earnings reports, potential regulatory changes, and product launches.
  • Risk Management: Stop-loss levels should be set below the lower band ($8.05), and position sizing considerations are necessary due to high volatility.

By analyzing ADAM's technical indicators, news headlines, and risk metrics, it is clear that the stock has a moderate growth trajectory with some cautionary signs. The recent positive earnings announcements and dividend payments have contributed to its moderate growth, but high volatility and mixed technical signals suggest a cautious approach is necessary.

Generated
Earnings History
4 of 4 under expected move
Avg Expected Move
39.94%
Avg Actual Move
2.71%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2025-10-29 After-Close 118.84% 4.64% 0.04x Within
2026-02-18 Pre-Market 11.41% 0.86% 0.08x Within
2026-04-29 Pre-Market 12.30% 4.67% 0.38x Within
2026-07-29 Pre-Market 17.22% 0.69% 0.04x Within

Earnings calendar: this week’s reports with expected vs actual moves →

ADAM Options Activity & IV Rank

ADAM IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 41.2%
7-DTE IV: —
Expected Move: $0.75
7-DTE Move: $0.75
Days to Exp: 32 (2026-11-20)

Options Flow

Call Volume: 19
Put Volume: 113
P/C Volume: 5.947
BEARISH
Call OI: 286
Put OI: 139
P/C OI: 0.486
Total OI: 425

ATM Options Pricing

ATM Call: $0.30
ATM Put: $0.45
Call %: 4.1%
Put %: 6.1%

Chain Summary

Chain Volume: 374
Chain OI: 3,153
Last Updated: 10/19/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
LOW γ vs HISTORY

Estimated net dealer gamma is at the 6th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
6%
vs own history
GEX tilt
-0.03
OI-weighted, today
Vanna tilt
-0.11
δ-sensitivity to IV
Charm tilt
-0.04
δ-decay vs time

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 4 ATM contracts, 0k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 19 · No data
30 DTE / 10d —
— pts EXTREME
as of Oct 19 · ATM 41.2% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)15.2LowOct 19
Straddle Price (30 DTE)$0.75Oct 19
Beta Analysis

Risk Metrics

Beta: 1.0165
Alpha: -3.39%
Correlation: 0.4000
R-Squared: 16.0%
Stock Volatility: 32.3%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Above average volatility - stock moves with market amplification
Beta & Alpha Over Time
Notable investors who own ADAM
3 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Citadel Hedge fund
Ken Griffin
$1.0M
0.00%
#3660 of 6285new13F
Millennium Management Hedge fund
Izzy Englander
$127K
0.00%
#3577 of 3716-1.4%13F
Rockefeller Capital Management Family office
Rockefeller family
$48K
0.00%
#3388 of 4729-2.2%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

ADAM Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 91,377,000 (as of 2026-03-31)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

214 filers54,916,572 shares$502.60M value60.10% of float
# Filer Shares Value % of Total % of Float Period
1 BlackRock, Inc. Custodian 13,631,398 $127.86M 25.44% 14.92% 2026-06-30
2 Vanguard Group Inc Custodian 6,035,999 $44.06M 8.77% 6.61% 2025-12-31
3 Vanguard Capital Management LLC 3,646,199 $34.20M 6.80% 3.99% 2026-06-30
4 State Street Corp 3,458,825 $33.35M 6.64% 3.79% 2026-06-30
5 Invesco Ltd. Custodian 3,162,727 $29.67M 5.90% 3.46% 2026-06-30
6 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 2,610,594 $24.49M 4.87% 2.86% 2026-06-30
7 Geode Capital Management, LLC Custodian 2,277,233 $21.37M 4.25% 2.49% 2026-06-30
8 Allspring Global Investments Holdings, LLC 2,164,125 $20.08M 4.00% 2.37% 2026-06-30
9 Vanguard Portfolio Management LLC 1,738,555 $16.31M 3.24% 1.90% 2026-06-30
10 Charles Schwab Investment Management, Inc. 1,460,835 $13.70M 2.73% 1.60% 2026-06-30
11 Northern Trust Corp Custodian 1,149,187 $10.78M 2.14% 1.26% 2026-06-30
12 Van Eck Associates Corp 880,853 $8.26M 1.64% 0.96% 2026-06-30
13 Morgan Stanley Custodian 737,475 $6.92M 1.38% 0.81% 2026-06-30
14 WOLVERINE ASSET MANAGEMENT LLC 588,672 $5.52M 1.10% 0.64% 2026-06-30
15 Vanguard Fiduciary Trust Co 544,381 $5.11M 1.02% 0.60% 2026-06-30
16 Bank of New York Mellon Corp Custodian 496,514 $4.66M 0.93% 0.54% 2026-06-30
17 Nuveen, LLC Custodian 478,562 $4.49M 0.89% 0.52% 2026-06-30
18 JPMorgan Chase & Co Custodian 407,144 $3.84M 0.76% 0.45% 2026-06-30
19 Principal Financial Group, Inc. 403,936 $3.79M 0.75% 0.44% 2026-06-30
20 Goldman Sachs Group Inc Custodian 385,169 $3.61M 0.72% 0.42% 2026-06-30
21 Bank of America Corp Custodian 369,017 $3.46M 0.69% 0.40% 2026-06-30
22 PRUDENTIAL FINANCIAL INC 302,550 $2.84M 0.56% 0.33% 2026-06-30
23 Qube Research & Technologies Ltd 289,489 $2.72M 0.54% 0.32% 2026-06-30
24 Public Sector Pension Investment Board 288,165 $2.70M 0.54% 0.32% 2026-06-30
25 AQR Capital Management, LLC Custodian 275,924 $2.59M 0.52% 0.30% 2026-06-30
6 filers$4.88M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $3.18M 65.24% 2026-06-30
2 GROUP ONE TRADING LLC Custodian $856.39K 17.55% 2026-06-30
3 Citadel Advisors LLC Custodian $334.87K 6.86% 2026-06-30
4 Simplex Trading, LLC Custodian $272.02K 5.57% 2026-06-30
5 Wolverine Trading, LLC Custodian $131.52K 2.70% 2025-09-30
6 Jane Street Group, LLC Custodian $101.30K 2.08% 2026-06-30
3 filers$437.11K notional
# Filer Notional Value % of Total Period
1 Citadel Advisors LLC Custodian $221.37K 50.64% 2026-06-30
2 Simplex Trading, LLC Custodian $166.03K 37.98% 2026-06-30
3 GROUP ONE TRADING LLC Custodian $49.71K 11.37% 2026-06-30

ADAM Insider Trading (Form 4)

Latest: 2011-02-08
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2011-02-08 Mark Kishel Director Disp (D) −15,726 — EDGAR
2011-02-08 Christopher R Joe Chief Financial Officer Disp (D) −10,000 opt — EDGAR
2011-02-08 Daniel S Howe Director Disp (D) −3,571 — EDGAR
2011-02-08 Robert S Cramer Jr Director Disp (D) −263,225 — EDGAR
2011-02-08 Clay E Scarborough Director Disp (D) −10,726 — EDGAR
2011-02-08 Mark B Adams Chief Executive Officer Sell (S) −2,000 $6.53 -$13.1K EDGAR
2010-12-09 Mark B Adams Chief Executive Officer Mixed — $6.42 -$10.9K EDGAR
2010-12-09 Christopher R Joe Chief Financial Officer Mixed — $6.36 -$1.2K EDGAR
2010-12-07 Clay E Scarborough Director Mixed — $5.40 -$55.4K EDGAR
2010-12-07 Mark B Adams Chief Executive Officer Mixed — $6.00 -$106.7K EDGAR
2010-12-07 Robert S Cramer Jr Director Mixed — $4.84 -$97.3K EDGAR
2010-12-03 Robert S Cramer Jr Director Mixed — $4.01 -$502.2K EDGAR
2010-12-03 Mark B Adams Chief Executive Officer Mixed — $5.94 -$58.0K EDGAR
2010-12-03 Robert S Cramer Jr Director Mixed — $4.01 -$502.2K EDGAR
2010-12-01 Robert S Cramer Jr Director Mixed — $3.34 -$194.8K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
ETF Holders
61 ETFs hold ADAM
25 shown · $190.59M total exposure · 0.05% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 IJR iShares Core S&P Small-Cap ETF iShares (BlackRock) 0.04% $38.0M $101.7B 2026-10-16
2 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $20.2M — 2026-09-30
3 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.02% $16.8M $74.8B 2026-10-16
4 SDIV Global X SuperDividend ETF Global X 0.95% $11.1M — 2026-10-19
5 PFF iShares Preferred and Income Securities ETF iShares (BlackRock) 0.09% $11.0M $11.9B 2026-10-16
6 REM iShares Mortgage Real Estate ETF iShares (BlackRock) 2.15% $10.0M $450.0M 2026-10-16
7 KBWD Invesco KBW High Dividend Yield Financial ETF Invesco 2.97% $9.5M — 2026-10-18
8 MORT VanEck Mortgage REIT Income ETF VanEck 2.60% $8.1M $300.8M 2026-10-16
9 VXF Vanguard Extended Market ETF Vanguard 0.01% $7.3M — 2026-09-30
10 IWN iShares Russell 2000 Value ETF iShares (BlackRock) 0.04% $6.0M $13.5B 2026-10-16
11 IJT iShares S&P Small-Cap 600 Growth ETF iShares (BlackRock) 0.08% $5.9M $7.5B 2026-10-16
12 SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF SPDR (State Street) 0.04% $5.9M $15.5B 2026-10-16
13 FNDA Schwab Fundamental U.S. Small Company ETF Nport 0.06% $5.2M — 2026-05-31
14 XSVM Invesco S&P SmallCap Value with Momentum ETF Invesco 0.88% $4.9M — 2026-10-18
15 VTWO Vanguard Russell 2000 ETF Vanguard 0.02% $3.9M — 2026-09-30
16 XSMO Invesco S&P SmallCap Momentum ETF Invesco 0.14% $3.8M — 2026-10-18
17 SLYG State Street® SPDR® S&P 600™ Small Cap Growth ETF SPDR (State Street) 0.08% $3.7M $4.7B 2026-10-16
18 SCHA Schwab U.S. Small-Cap ETF Nport 0.02% $3.7M — 2026-05-31
19 PFFV Global X Variable Rate Preferred ETF Global X 0.97% $3.2M — 2026-10-19
20 FDM First Trust Dow Jones Select MicroCap Index Fund First Trust 1.06% $2.8M $261.9M 2026-10-16
21 VIOO Vanguard S&P Small-Cap 600 ETF Vanguard 0.04% $2.3M — 2026-09-30
22 FESM Fidelity Enhanced Small Cap Core ETF Fidelity 0.03% $2.2M $6.5B 2026-10-16
23 VRP Invesco Variable Rate Preferred ETF Invesco 0.06% $1.9M — 2026-10-18
24 RIET Hoya Capital High Dividend Yield ETF Nport 1.46% $1.5M — 2026-05-31
25 RZG Invesco S&P SmallCap 600 Pure Growth ETF Invesco 1.34% $1.5M — 2026-10-18
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
6.30
TTM Diluted EPS
$1.17
TTM Revenue
—
TTM Net Income
$107.72M
TTM Op. Cash Flow
$91.51M
Quarterly figures (3 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q1 '262026-03-31—$36.90M$0.40$-16.71M
Q4 '252025-12-31—$41.60M$0.45$62.08M
Q3 '252025-09-30—$32.70M$0.36$6.92M
Q1 2026 • period ending 2026-03-31 • filed 2026-05-01
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
6.30
P/B
0.46
P/S
—
EV/EBITDA
—
EV/Sales
—
ROE
7.4%
ROA
0.8%
Div Yield
18.76%
FCF Yield
13.59%
Debt/Equity
2.84
Current Ratio
—
Market Cap
$673.45M
as of 2026-10-19
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
2.21M
SI % of Float
2.50%
Days to Cover
1.41
Short Vol Ratio
52.4%
Free Float
88.13M
Float %
98.1%
Short interest 2026-09-30 • Short volume 2026-10-19 • Float 2026-08-27