AREN The Arena Group Holdings, Inc.

XASE 1.12 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups 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.

AREN $1.12 —
Key stats
$1.12
52-Week Range
$0.81 – $5.72
YTD
-71.65%
Straddle Price
$1.77
P/C Vol Ratio
0.01
Market Cap
$0.1B
Open
$0.91
Day Range
$0.91 – $1.37
Volume
16,873,509
Prev Close
$0.94
Fair Value
+50.0% vs price

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)4.66%
Beta vs SPY1.00
Cost of Equity (CAPM)10.16% (VRP-adj)
WACC6.69%
Volatility Risk Premium+154.1pp (IV − HV30), ERP adj +50bps
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)-10.0%
DCF Horizon10 years explicit + fade
Free Cash Flow (TTM)$0.0B
Return on Equity (TTM)-124.0%
Book / Price-14.2%
Gross Margin (TTM)42.7%
FCF Margin (TTM)27.2%
Quality Score2/6 — normal (10y DCF)
SMA 50$1.10 (Market Anchor value)
SMA 20 / Bollinger Mid$1.26
Bollinger Width / SMA208615.3% (drives anchor stability)
Net Debt$0.1B
Market Cap$0B
Peers used for multiples: APEI, BFST, DCH, DLX, PLOW, STOK, TDAY, TTI
Blended Fair Value
$3.81
Deviation
+50.0%
MethodImplied PriceWeightDetail
DCF $4.45 52%
DDM (Gordon) n/a 0%
Peer P/E $3.51 12% median 18.5× · 5 peers
Peer EV/EBITDA $3.22 16% median 8.7× · 7 peers
Peer P/B n/a 0% median 2.6× · 8 peers
Peer P/S $2.80 20% median 1.3× · 8 peers
Market Anchor (SMA50) $1.10 0% stability 0% (BB-width)
Options Expected (B-L 30d) n/a 0%
As of 2026-08-31 · updated
About
Industry (SIC)
CABLE & OTHER PAY TELEVISION SERVICES (4841) · industry map
Exchange
XASE
Market Cap
$0.1B
Employees
164
List Date
1996-11-21
CIK
0000894871
Headquarters
New York, NY
Homepage
https://www.thearenagroup.net

The Arena Group Holdings Inc is a tech-powered media company that fuses technology, iconic brands, and marketing to deliver vibrant content and experiences that reach million users each month. The company creates robust digital destinations that delight consumers with powerful journalism, news about things such as favorite sports teams, advice on investing, the inside scoop on personal finance, and the latest on lifestyle essentials. The company has four reportable segments: Sports & Leisure, Finance, Lifestyle, and Platform & Other. The company generates revenue from Sports & Leisure. Geograp…

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
'22'23'24'25'26Avg
Jan---10.69%-33.48%-2.88%-1.52%-12.14%
Feb-6.82%-11.19%29.53%11.03%-25.90%-0.67%
Mar38.85%-43.11%-34.44%16.89%-26.94%-9.75%
Apr3.50%-3.30%-20.48%179.33%23.53%36.52%
May9.35%1.94%28.38%-18.36%-46.15%-4.97%
Jun-19.57%20.21%-14.44%31.63%-47.13%-5.86%
Jul9.01%-21.01%14.10%2.69%45.11%9.98%
Aug4.06%5.17%3.83%-10.74%-20.57%-3.65%
Sep24.76%3.63%-11.26%-8.68%--2.11%
Oct6.09%0.71%-21.56%7.74%--*-1.75%
Nov-1.65%-42.57%113.83%-19.85%--12.44%
Dec-23.23%-4.03%-8.84%-1.48%---9.39%
Total33.51%-74.45%-20.69%169.44%-78.39%5.88%
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: $1.26
SMA 50: $1.10
SMA 200: $2.50
Current: $1.12
EMA 12: $1.06
EMA 26: $1.13
MACD: -0.0676 | Signal: -0.0318
BEARISH
ADX (14): 24.38
WEAK TREND
+DI: 37.16
−DI: 19.34

Momentum Oscillators

RSI (14): 49.44
NEUTRAL
Stoch %K: 9.82
Stoch %D: 6.17
Williams %R: -78.45

Volume & Volatility

BB Upper: $1.94
BB Lower: $0.58
NEUTRAL
OBV: 106,261,924
Vol SMA 20: 976,424
Vol ROC: 41086.04%
ATR: $0.19
True Range: $0.46
HV 20: 208.8%
HV 30: 190.0%
HV 60: 151.4%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-08-29T00:00:00 – 2026-08-28T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary

Overall Assessment: NEUTRAL (confidence level 6/10)

Key Drivers:

  • Strong technical trend indicating a potential uptrend
  • Low volatility indicating a relatively stable market environment
  • Mixed news sentiment with no significant catalysts recently

Primary Risks:

  • Bearish momentum signals from MACD and Stochastic %K
  • Recent losses in rights to Sports Illustrated may impact future growth

Technical Analysis

Trend Direction: Short-term (1-4 weeks): Uptrend; Medium-term (1-3 months): Neutral; Long-term (3-12 months): Bullish

Support/Resistance Levels:

  • Upper Bollinger Band: $1.34
  • Middle Bollinger Band: $1.01
  • Lower Bollinger Band: $0.69

Momentum Signals:

  • RSI (14): 34.72 (neutral)
  • MACD: -0.17 / Signal: 0.02 / Histogram: -0.19 (bearish)
  • Stochastic %K: 17.63
  • Williams %R: -79.28

Volume Analysis:

  • Volume SMA 20: 189617.80
  • On-Balance Volume (OBV): 88308200.99
  • Volume Rate of Change: -43.44%

News & Sentiment Analysis

Recent Headlines Summary: Neutral news headlines with no significant catalysts recently.

Sentiment Assessment: NEUTRAL

Catalyst Identification: No immediate or near-term catalysts identified.

Market Narrative: The recent losses in rights to Sports Illustrated may have impacted the company's growth prospects, but there are no other significant news events that could drive the stock price.

Risk & Volatility Assessment

Beta Interpretation: Low volatility (beta = 0.78) - stock moves less than market.

Volatility Regime: Current vs historical volatility levels: HV20 108.6%, HV30 108.2%, HV60 120.1% - historically high volatility.

Options Market Signals: IV Rank: 42.3% (Medium), Current IV: 340.2%, Expected Move: $1.73, Volume Flow: 122 calls vs 17 puts, Open Interest: 744 calls vs 11 puts.

Downside Protection: Support levels and risk management considerations:

  • SMA 20: $1.01
  • Lower Bollinger Band: $0.69

Market Context & Positioning

Sector Performance: Relative strength vs sector/market: Neutral.

Institutional Activity: Institutional interest signals (volume patterns, options activity): Bullish.

Correlation Analysis: How stock moves relative to market (R-squared interpretation): 0.11 - low correlation.

Relative Valuation: Position within trading range: Middle of the range.

Key Levels & Action Items

Critical Price Levels:

  • Upper Bollinger Band: $1.34
  • Middle Bollinger Band: $1.01
  • Lower Bollinger Band: $0.69

Breakout/Breakdown Levels: Technical levels that could trigger significant moves:

  • SMA 20: $1.01 (support)
  • Higher/Lower Bollinger Bands (resistance/support)

Time-Sensitive Catalysts: No immediate or near-term catalysts identified.

Risk Management: Stop-loss levels and position sizing considerations:

  • Set stop-loss at Lower Bollinger Band: $0.69
  • Position sizing: 50% long, 50% short
Generated
Earnings History
10 of 10 under expected move
Avg Expected Move
44.91%
Avg Actual Move
12.99%
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
2023-02-03 After-Close 33.11% 3.26% 0.10x Within
2023-05-10 After-Close 22.68% 5.12% 0.23x Within
2023-11-14 After-Close 32.38% 1.55% 0.05x Within
2024-11-14 Pre-Market 153.97% 5.00% 0.03x Within
2025-05-16 After-Close 45.74% 24.02% 0.53x Within
2025-08-15 After-Close 19.29% 5.39% 0.28x Within
2025-11-19 Pre-Market 29.26% 2.80% 0.10x Within
2026-03-16 After-Close 27.68% 26.17% 0.95x Within
2026-05-11 After-Close 36.12% 29.28% 0.81x Within
2026-08-10 After-Close 48.86% 27.27% 0.56x Within

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

AREN Options Activity & IV Rank

Volatility Metrics

Current IV: —
7-DTE IV: —
Expected Move: $1.77
7-DTE Move: $1.77
Days to Exp: 21 (2026-09-18)

Options Flow

Call Volume: 177
Put Volume: 2
P/C Volume: 0.011
BULLISH
Call OI: 385
Put OI: 0
P/C OI: —
Total OI: 385

ATM Options Pricing

ATM Call: $0.38
ATM Put: $1.40
Call %: 33.5%
Put %: 125.0%

Chain Summary

Chain Volume: 226
Chain OI: 1,061
Last Updated: 8/28/2026
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
HIGH γ vs HISTORY

Estimated net dealer gamma is at the 86th percentile of this name's own daily history, near the high end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
86%
vs own history
GEX tilt
+1.00
OI-weighted, today
Vanna tilt
+0.17
δ-sensitivity to IV
Charm tilt
+0.93
δ-decay vs time
Charm tilt +0.93: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably as time passes and options approach expiry.

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.

· 3 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 Aug 28 · No data
30 DTE / 10d —
— pts EXTREME
as of Aug 28 · No data

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)
Straddle Price (30 DTE)$1.77Aug 28
Beta Analysis

Risk Metrics

Beta: 0.8494
Alpha: -144.89%
Correlation: 0.1007
R-Squared: 1.0%
Stock Volatility: 111.1%
Market Volatility: 13.2%

Analysis Details

Benchmark: SPY
Data Points: 207
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Beta & Alpha Over Time

AREN Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 47,638,300 (as of 2026-06-30)

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.

45 filers3,997,145 shares$7.43M value8.39% of float
# Filer Shares Value % of Total % of Float Period
1 Vanguard Group Inc Custodian 1,285,795 $5.14M 69.21% 2.70% 2025-12-31
2 Vanguard Capital Management LLC 1,313,103 $1.09M 14.67% 2.76% 2026-06-30
3 BlackRock, Inc. Custodian 203,946 $169.28K 2.28% 0.43% 2026-06-30
4 Millennium Management LLC Custodian 176,255 $146.29K 1.97% 0.37% 2026-06-30
5 Geode Capital Management, LLC Custodian 130,871 $108.67K 1.46% 0.27% 2026-06-30
6 Goldman Sachs Group Inc Custodian 122,985 $102.08K 1.37% 0.26% 2026-06-30
7 State Street Corp 109,544 $90.92K 1.22% 0.23% 2026-06-30
8 Susquehanna International Group, LLP Custodian 97,506 $80.93K 1.09% 0.20% 2026-06-30
9 Vanguard Fiduciary Trust Co 95,214 $79.03K 1.06% 0.20% 2026-06-30
10 BRIDGEWAY CAPITAL MANAGEMENT, LLC 75,000 $62.25K 0.84% 0.16% 2026-06-30
11 DGS Capital Management, LLC 25,182 $54.65K 0.74% 0.05% 2026-03-31
12 UBS Group AG Custodian 61,142 $50.75K 0.68% 0.13% 2026-06-30
13 First Trust Advisors LP 39,497 $32.78K 0.44% 0.08% 2026-06-30
14 Northern Trust Corp Custodian 30,184 $25.05K 0.34% 0.06% 2026-06-30
15 XTX Topco Ltd 25,993 $21.57K 0.29% 0.05% 2026-06-30
16 Callan Family Office, LLC 22,424 $18.61K 0.25% 0.05% 2026-06-30
17 MAGNOLIA CAPITAL ADVISORS LLC 22,000 $18.26K 0.25% 0.05% 2026-06-30
18 Qube Research & Technologies Ltd 21,662 $17.98K 0.24% 0.05% 2026-06-30
19 Russell Investments Group, Ltd. Custodian 20,646 $17.14K 0.23% 0.04% 2026-06-30
20 AQR Capital Management, LLC Custodian 19,366 $16.07K 0.22% 0.04% 2026-06-30
21 Virtu Financial LLC 18,321 $15.00K 0.20% 0.04% 2026-06-30
22 Private Wealth Asset Management, LLC 13,700 $11.37K 0.15% 0.03% 2026-06-30
23 State of Alaska, Department of Revenue 8,914 $11.00K 0.15% 0.02% 2026-09-30
24 Ground Swell Capital, LLC 11,684 $9.70K 0.13% 0.02% 2026-06-30
25 Balyasny Asset Management L.P. 10,071 $8.36K 0.11% 0.02% 2026-06-30
3 filers$66.98K notional
# Filer Notional Value % of Total Period
1 Citadel Advisors LLC Custodian $50.55K 75.46% 2026-06-30
2 Susquehanna International Group, LLP Custodian $12.87K 19.21% 2026-06-30
3 GROUP ONE TRADING LLC Custodian $3.57K 5.33% 2026-06-30
# Filer Notional Value % of Total Period

AREN Insider Trading (Form 4)

Latest: 2025-07-28
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
2025-07-28 Paul Taylor Edmondson Chief Executive Officer Tax (F) −672 $6.07 -$4.1K EDGAR
2025-06-03 Cavitt Randall Director Award (A) +10,482 — EDGAR
2025-06-03 Herbert Hunt Allred Director Award (A) +10,482 — EDGAR
2025-06-03 Lynn Marie Petersmarck Director Award (A) +10,482 — EDGAR
2025-05-09 Paul Taylor Edmondson Chief Executive Officer Tax (F) −858 $5.10 -$4.4K EDGAR
2025-03-07 Paul Taylor Edmondson Chief Executive Officer Grant (A) +400,000 opt — EDGAR
2025-02-13 Cavitt Randall Director Buy (P) +55,780 $1.40 $78.1K EDGAR
2025-02-13 Laura Anne Lee Director Sell (S) −55,780 $1.40 -$78.1K EDGAR
2025-02-04 Christopher Petzel Director Sell (S) −25,010 $1.35 -$33.8K EDGAR
2025-02-04 Cavitt Randall Director Buy (P) +25,010 $1.35 $33.8K EDGAR
2025-02-03 Paul Taylor Edmondson President, Platform Tax (F) −781 $1.26 -$984 EDGAR
2025-01-22 Cavitt Randall Director Buy (P) +25,000 $1.23 $30.8K EDGAR
2025-01-22 Christopher Petzel Director Sell (S) −25,000 $1.23 -$30.8K EDGAR
2024-12-09 Paul Taylor Edmondson President, Platform Tax (F) −1,109 $1.46 -$1.6K EDGAR
2024-09-04 Cavitt Randall Director Award (A) +10,357 $0.90 $9.3K 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.

AREN Insider Holdings

4 insiders · @ $1.12
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Cavitt Randall Director 301,440 $337.6K $142.6K 10 2025-06-03
2 Herbert Hunt Allred Director 152,950 $171.3K $248.3K 11 2025-06-03
3 Lynn Marie Petersmarck Director 10,482 $11.7K $0 1 2025-06-03
4 Paul Taylor Edmondson Chief Executive Officer 5,206 $5.8K -$46.5K 12 2025-07-28
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

AREN Board & Officers

As of SEC filings through Jul 28, 2025
The company's insiders have not filed since Jul 28, 2025; this reflects that date.

Directors 14

Officers 16

  • Ramesh C Trivedi · Chief Executive Officer · on file since Dec 2006
  • James Charles Heckman Jr · Chief Executive Officer · since Nov 4, 2016
  • Ross Levinsohn · Chief Executive Officer · listed since Dec 2020
  • Sara Silverstein · Chief Executive Officer · since Apr 19, 2024
  • Paul Taylor Edmondson · Chief Executive Officer · listed since Mar 2025
  • Leland Witherspoon · Vice President, Engineering · on file since Dec 2006
  • Charles J Novak · Vice President · on file since Jan 2007
  • Henry Robertson Barrett · President, Media · since Feb 16, 2021
  • Jason Frankl · Interim President · since Jan 23, 2024
  • David H Adams · Chief Financial Officer · since Sep 20, 2006
  • Gary Alan Schuman · CFO · on file since Aug 2014
  • Martin L. Heimbigner · Chief Financial Officer · since May 15, 2017
  • Andrew Q. Kraft · Chief Operating Officer · since Nov 24, 2020
  • Jill Marchisotto · Chief Marketing Officer · since Nov 24, 2020
  • Joshua Jacobs · Executive Co-Chair · since May 22, 2017
  • Geoffrey Wait · Principal Financial Officer · since Aug 6, 2024

10% owners 10

Changes in the last 10 years (68)
Apr 28, 2025The company announced the departure of Laura Anne Lee from the board in an SEC filing
Apr 28, 2025The company announced the departure of Christopher Petzel from the board in an SEC filing
Apr 28, 2025The company announced the departure of Christopher Fowler from the board in an SEC filing
Apr 28, 2025The company announced the departure of Carlo Zola from the board in an SEC filing
Apr 28, 2025Lynn Marie Petersmarck became a director
Mar 7, 2025Paul Taylor Edmondson listed as Chief Executive Officer (previously President, Platform) in SEC filings
Dec 20, 2024Michael Lawrence Weintraub became a 10% owner
Aug 6, 2024Geoffrey Wait became Principal Financial Officer
May 9, 2024The company announced the departure of Douglas Baker Smith as Chief Financial Officer in an SEC filing
Apr 19, 2024The company announced the departure of Cavitt Randall as Chief Executive Officer in an SEC filing
Apr 19, 2024Sara Silverstein became Chief Executive Officer
Mar 1, 2024Cavitt Randall first listed as Chief Executive Officer in an SEC filing
Jan 23, 2024Jason Frankl became Interim President
Jan 19, 2024The company announced the departure of Ross Levinsohn from the board in an SEC filing
Dec 5, 2023Todd D. Sims reported in an SEC filing no longer being a director
Dec 4, 2023Bryant R Riley reported in an SEC filing no longer being a 10% owner
Dec 4, 2023BRF Investments, LLC reported in an SEC filing no longer being a 10% owner
Dec 4, 2023B. Riley Securities, Inc. reported in an SEC filing no longer being a 10% owner
Dec 4, 2023B. Riley Principal Investments, LLC reported in an SEC filing no longer being a 10% owner
Dec 4, 2023B. Riley Financial, Inc. reported in an SEC filing no longer being a 10% owner
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
ETF Holders
# ETF Provider Weight $ Exposure ETF AUM As Of
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
—
TTM Diluted EPS
$0.19
TTM Revenue
$100.59M
TTM Net Income
$9.37M
TTM Op. Cash Flow
$27.33M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '262026-06-30$22.18M$-176.00K—$90.00K
Q1 '262026-03-31$20.41M$-2.66M$-0.06$1.96M
Q4 '252025-12-31$28.24M$5.33M$0.11$13.12M
Q3 '252025-09-30$29.76M$6.87M$0.14$12.16M
Q2 '252025-06-30$45.01M$108.64M$2.28$10.31M
Q1 '252025-03-31$31.82M$4.02M$0.08$3.66M
Q4 '242024-12-31$36.23M$6.88M$0.59$-8.57M
Q3 '242024-09-30$33.55M$3.96M$0.11$-2.35M
Q2 '242024-06-30$27.18M$-8.19M$-0.28$-3.20M
Q1 '242024-03-31$28.94M$-103.36M$-3.91$-1.97M
Q4 '232023-12-31$44.14M$-5.55M$-0.18$-2.51M
Q3 '232023-09-30$37.00M$-11.17M$-0.47$-5.87M
Q2 2026 • period ending 2026-06-30 • filed 2026-08-10
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
0.00
P/B
—
P/S
—
EV/EBITDA
—
EV/Sales
—
ROE
—
ROA
8.8%
Div Yield
0.00%
FCF Yield
—
Debt/Equity
—
Current Ratio
—
Market Cap
$0.00
as of 2026-08-31
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
402.13K
SI % of Float
3.14%
Days to Cover
1.86
Short Vol Ratio
59.1%
Free Float
12.82M
Float %
26.9%
Short interest 2026-08-14 • Short volume 2026-08-28 • Float 2026-05-14