BLND Blend Labs, Inc.
XNYS
1.10
Delayed
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.
BLND
$1.10
—
Key stats
$1.10
- 52-Week Range
- $0.88 – $3.62
- YTD
- -63.58%
- Straddle Price
- $1.55
- P/C Vol Ratio
- 1.85
- Market Cap
- $0.2B
- Open
- $1.05
- Day Range
- $1.01 – $1.13
- Volume
- 1,630,337
- Prev Close
- $1.03
Fair Value
MODEL: SHORT
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) | 5.15% |
| Beta vs SPY | 1.17 |
| Cost of Equity (CAPM) | 11.58% (VRP-adj) |
| WACC | 11.58% |
| Volatility Risk Premium | +218.2pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | -2.2% |
| DCF Horizon | 5 years explicit + fade |
| Free Cash Flow (TTM) | $0.0B |
| Return on Equity (TTM) | -20.4% |
| Book / Price | -19.5% |
| Gross Margin (TTM) | 74.9% |
| FCF Margin (TTM) | 5.9% |
| Quality Score | 1/6 — cyclical/struggling (5y DCF) |
| SMA 50 | $1.27 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $1.02 |
| Bollinger Width / SMA20 | 2053.7% (drives anchor stability) |
| Net Debt | $-0.0B |
| Market Cap | $0B |
Peers used for multiples: FLUT, PINS, ZM
(SIC-code peers; ETF co-membership was sector-incoherent)
60-Day Conviction
70%
20-Day Fair Value
≈ by Nov 20, 2026
$1.08
α -1.7%
rank 52%
conviction
83%
40-Day Fair Value
≈ by Dec 21, 2026
$1.07
α -2.9%
rank 52%
conviction
83%
60-Day Fair Value
≈ by Jan 19, 2027
$1.08
α -2.3%
rank 52%
conviction
70%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $0.41 | 19% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | n/a | 0% | |
| Peer EV/EBITDA | n/a | 0% | median 23.4× · 3 peers |
| Peer P/B | n/a | 0% | median 2.5× · 3 peers |
| Peer P/S | $1.40 | 15% | median 2.9× · 3 peers |
| Market Anchor (SMA50) | $1.27 | 66% | stability 85% (BB-width) |
| Options Expected (B-L 30d) | n/a | 0% |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. (7370) · industry map
- Exchange
- XNYS
- Market Cap
- $0.2B
- Employees
- 419
- List Date
- 2021-07-16
- CIK
- 0001855747
- Next Earnings
- 2026-11-05 (After-Close)
- EPS Forecast
- ($0.02) (1 est.)
- Headquarters
- Novato, CA
- Homepage
- https://www.blend.com
Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segment is Blend Platform segment which comprises a suite of products that power the entire origination process from back-end workflows to consumer experience. The key revenue for the company is generated from the Blend Platform segment. Company has it's assets in united states, India and Mexico regions.
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
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -- | 7.13% | 8.50% | 7.48% | 0.26% | -21.19% | 0.44% |
| Feb | -- | 3.15% | -8.67% | -5.38% | -16.98% | -29.41% | -11.46% |
| Mar | -- | -37.36% | -33.59% | 18.18% | 12.79% | 0.00% | -8.00% |
| Apr | -- | -10.21% | -39.58% | -20.20% | -6.69% | -23.16% | -19.97% |
| May | -- | -25.39% | 60.61% | 19.57% | 12.27% | 17.76% | 16.96% |
| Jun | -- | -30.18% | -6.22% | -16.31% | -9.34% | -1.72% | -12.75% |
| Jul | -13.59% | 9.54% | 24.53% | 14.94% | -3.50% | -2.47% | 4.91% |
| Aug | -10.06% | 17.98% | -14.71% | 42.25% | 1.69% | -19.69% | 2.91% |
| Sep | -21.31% | -27.54% | 20.18% | 7.14% | 5.19% | -33.55% | -8.31% |
| Oct | 5.00% | 10.57% | -10.37% | 1.40% | -8.31% | 4.76%* | 0.51% |
| Nov | -19.44% | -46.34% | 2.42% | 40.77% | -2.77% | -- | -5.07% |
| Dec | -30.10% | 10.77% | 88.89% | -17.77% | -3.18% | -- | 9.72% |
| Total | -63.84% | -80.07% | 32.55% | 97.34% | -20.56% | -73.02% | -17.93% |
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: $1.02
SMA 50: $1.27
SMA 200: $1.69
Current: $1.10
EMA 12: $1.02
EMA 26: $1.10
MACD: -0.0775 | Signal: 0.0242
BEARISH
ADX (14): 43.93
STRONG TREND
+DI: 18.54
−DI: 20.06
Momentum Oscillators
RSI (14): 49.87
NEUTRAL
Stoch %K: 71.52
Stoch %D: 50.85
Williams %R: -12.06
Volume & Volatility
BB Upper: $1.13
BB Lower: $0.91
NEUTRAL
OBV: -59,873,637
Vol SMA 20: 1,514,512
Vol ROC: 13.01%
ATR: $0.08
True Range: $0.11
HV 20: 80.7%
HV 30: 77.6%
HV 60: 77.6%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary Overall assessment: NEUTRAL with confidence level (6/10) Key drivers and primary risks: * Technical indicators suggest a range-bound market, with some bullish momentum signals * News sentiment is neutral, with no significant recent headlines impacting the stock price * Risk metrics indicate high volatility, which may impact trading decisions
Investment thesis: The stock has been trading in a range for several months, and recent news headlines have not had a significant impact. The options market is pricing in a moderate move, but there are no clear catalysts driving the stock's direction.
Recent news sentiment impact: Neutral news headlines over the past 10 articles have not significantly impacted the stock price.
Technical Analysis Trend Direction: * Short-term (1-4 weeks): Range-bound * Medium-term (1-3 months): Uptrend * Long-term (3-12 months): Uptrend
Support/Resistance Levels: * SMA 20: $1.50 * Upper Bollinger Band: $1.58 * Lower Bollinger Band: $1.42
Momentum Signals: * RSI interpretation: Neutral (47.02) * MACD signal: Bearish * Bollinger Bands position: Neutral
Volume Analysis: * Volume SMA 20: 2352577.90 * On-Balance Volume (OBV): -45533843.80 * Volume Rate of Change: 25.08%
News & Sentiment Analysis Recent Headlines Summary: Neutral news headlines over the past 10 articles have not significantly impacted the stock price.
Sentiment Assessment: Aggregate news sentiment is neutral, with no significant recent headlines driving the stock's direction.
Catalyst Identification: No clear catalysts driving the stock's direction.
Market Narrative: The market narrative is neutral, with no significant recent events or announcements impacting the stock price.
Risk & Volatility Assessment Beta Interpretation: High risk relative to the market (beta = 1.50).
Volatility Regime: Current volatility levels are high compared to historical norms.
Options Market Signals: * IV rank: Low (20.2%) * Put/call ratio: Bearish (3.43) * Unusual activity: None
Downside Protection: Support levels and risk management considerations suggest a potential stop-loss level at $1.42.
Market Context & Positioning Sector Performance: The stock is trading in line with its sector and the broader market.
Institutional Activity: Volume patterns suggest institutional interest, but no significant buying or selling pressure.
Correlation Analysis: The stock has a moderate correlation (0.28) with the S&P 500.
Relative Valuation: The stock is positioned within a trading range, with no clear overbought or oversold conditions.
Key Levels & Action Items Critical Price Levels: * SMA 20: $1.50 * Upper Bollinger Band: $1.58 * Lower Bollinger Band: $1.42
Breakout/Breakdown Levels: * Short-term: None * Medium-term: None
Time-Sensitive Catalysts: * Earnings date: Not available
Risk Management: * Stop-loss level: $1.42 * Position sizing considerations: Conservative approach recommended due to high volatility.
Conclusion The stock is trading in a range-bound market, with some bullish momentum signals and neutral news sentiment. The options market is pricing in a moderate move, but there are no clear catalysts driving the stock's direction. High risk relative to the market (beta = 1.50) and current high volatility levels warrant caution. A conservative approach to trading is recommended, with stop-loss levels set at $1.42 and position sizing considerations taken into account.
Generated
News
All BLND news →
Earnings History
16 of 19 under expected move
Avg Expected Move
65.88%
Avg Actual Move
14.83%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-11-10 | After-Close | 15.60% | 16.12% | 1.03x | Exceeded |
| 2022-03-31 | After-Close | 21.05% | 15.79% | 0.75x | Within |
| 2022-08-15 | After-Close | 14.49% | 28.62% | 1.98x | Exceeded |
| 2022-11-10 | After-Close | 32.11% | 4.13% | 0.13x | Within |
| 2023-03-16 | After-Close | 91.84% | 35.39% | 0.39x | Within |
| 2023-05-09 | After-Close | 241.06% | 26.49% | 0.11x | Within |
| 2023-08-09 | After-Close | 141.80% | 17.21% | 0.12x | Within |
| 2023-11-07 | After-Close | 72.97% | 7.43% | 0.10x | Within |
| 2024-03-14 | After-Close | 22.13% | 19.57% | 0.88x | Within |
| 2024-05-08 | After-Close | 18.22% | 17.80% | 0.98x | Within |
| 2024-08-08 | Pre-Market | 22.47% | 0.75% | 0.03x | Within |
| 2024-11-06 | Pre-Market | 18.42% | 1.58% | 0.09x | Within |
| 2025-02-27 | After-Close | 23.50% | 10.83% | 0.46x | Within |
| 2025-05-08 | After-Close | 15.20% | 6.99% | 0.46x | Within |
| 2025-08-07 | After-Close | 20.31% | 23.53% | 1.16x | Exceeded |
| 2025-11-06 | After-Close | 19.23% | 6.69% | 0.35x | Within |
| 2026-03-10 | After-Close | 21.47% | 11.66% | 0.54x | Within |
| 2026-05-07 | After-Close | 38.58% | 14.81% | 0.38x | Within |
| 2026-08-06 | After-Close | 401.28% | 16.41% | 0.04x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
BLND Options Activity & IV Rank
Volatility Metrics
Current IV: —
7-DTE IV: —
Expected Move: $1.55
7-DTE Move: $1.55
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 26
Put Volume: 48
P/C Volume: 1.846
BEARISH
Call OI: 5,288
Put OI: 1,093
P/C OI: 0.207
Total OI: 6,381
ATM Options Pricing
ATM Call: $0.20
ATM Put: $1.35
Call %: 18.2%
Put %: 122.7%
Chain Summary
Chain Volume: 381
Chain OI: 8,823
Last Updated: 10/21/2026
Spread Scanner GPU
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
TYPICAL γ
Estimated net dealer gamma is at the 36th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
36%
vs own history
GEX tilt
+0.80
OI-weighted, today
Vanna tilt
+0.23
δ-sensitivity to IV
Charm tilt
+0.14
δ-decay vs time
? What is this?
· 5 ATM contracts, 1k total OI
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.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow 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 sideWhich 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 21 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · ATM 118.7% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
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)$1.55Oct 21
Beta Analysis
Risk Metrics
Beta: 1.6673
Alpha: -114.09%
Correlation: 0.2939
R-Squared: 8.6%
Stock Volatility: 72.0%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own BLND
4 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $8.7M | #1695 of 6285 | +7.9% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $6.0M | #1942 of 3716 | +1494.1% | 13F | |
| Point72 Hedge fund Steve Cohen | $440K | #1659 of 1945 | new | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $1K | #4481 of 4729 | -72.4% | 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
BLND Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 260,627,250 (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.
8 filers$972.88K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Militia Capital Management LLC | $513.00K | 52.73% | 2026-06-30 |
| 2 | Wolverine Trading, LLC Custodian | $268.88K | 27.64% | 2025-09-30 |
| 3 | Citadel Advisors LLC Custodian | $57.97K | 5.96% | 2026-06-30 |
| 4 | Susquehanna International Group, LLP Custodian | $50.10K | 5.15% | 2026-06-30 |
| 5 | Simplex Trading, LLC Custodian | $30.78K | 3.16% | 2026-06-30 |
| 6 | Jane Street Group, LLC Custodian | $20.86K | 2.14% | 2026-06-30 |
| 7 | IMC-Chicago, LLC Custodian | $20.18K | 2.07% | 2026-06-30 |
| 8 | GROUP ONE TRADING LLC Custodian | $11.12K | 1.14% | 2026-06-30 |
4 filers$278.58K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Wolverine Trading, LLC Custodian | $144.00K | 51.69% | 2025-09-30 |
| 2 | Susquehanna International Group, LLP Custodian | $84.13K | 30.20% | 2026-06-30 |
| 3 | IMC-Chicago, LLC Custodian | $49.76K | 17.86% | 2026-06-30 |
| 4 | Simplex Trading, LLC Custodian | $684 | 0.25% | 2026-06-30 |
BLND Insider Trading (Form 4)
Latest: 2026-10-14Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-10-14 | Nima Ghamsari | HEAD OF BLEND | Sell (S) | −25,098 | $0.97 | -$24.5K | EDGAR |
| 2026-10-07 | Nima Ghamsari | HEAD OF BLEND | Sell (S) | −24,272 | $1.02 | -$24.7K | EDGAR |
| 2026-09-30 | Nima Ghamsari | HEAD OF BLEND | Sell (S) | −22,523 | $1.10 | -$24.8K | EDGAR |
| 2026-09-23 | Nima Ghamsari | HEAD OF BLEND | Sell (S) | −21,009 | $1.19 | -$25.0K | EDGAR |
| 2026-09-16 | Nima Ghamsari | HEAD OF BLEND | Sell (S) | −17,731 | $1.43 | -$25.3K | EDGAR |
| 2026-09-15 | Srinivasan Venkatramani | Head of Product Tech & Cust Op | Sell (S) | −74,705 | $1.43 | -$106.8K | EDGAR |
| 2026-08-24 | Srinivasan Venkatramani | Head of Product Tech & Cust Op | Mixed | +51,878 | $1.50 | -$44.1K | EDGAR |
| 2026-08-24 | Oxana Tkach | PRINCIPAL ACCOUNTING OFFICER | Mixed | +26,833 | $1.50 | -$16.0K | EDGAR |
| 2026-08-24 | Jason Ream | Head of Finance and Admin. | Mixed | +416,074 | $1.50 | -$200.9K | EDGAR |
| 2026-08-24 | Nima Ghamsari | HEAD OF BLEND | Mixed | +372,528 | $1.50 | -$362.6K | EDGAR |
| 2026-08-24 | Winnie Ling | HEAD OF LEGAL AND PEOPLE | Mixed | +45,029 | $1.50 | -$38.1K | EDGAR |
| 2026-08-24 | Matthew Christopher Thomson | Head of Revenue | Mixed | +75,650 | $1.50 | -$36.5K | EDGAR |
| 2026-08-19 | Oxana Tkach | PRINCIPAL ACCOUNTING OFFICER | Sell (S) | −21,209 | $1.45 | -$30.7K | EDGAR |
| 2026-08-19 | Brian Niranjan Sheth | Director | Buy (P) | +121,779 | $1.44 | $175.8K | EDGAR |
| 2026-08-07 | Matthew Christopher Thomson | Head of Revenue | Sell (S) | −15,041 | $2.00 | -$30.1K | 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.
BLND Insider Holdings
20 insiders · @ $1.10
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 | Haveli Investments, L.P. | Director | 18,043,657 | $19.85M | $88.94M | 3 | 2026-06-15 |
| 2 | Whanau Interests LLC | Director | 17,536,729 | $19.29M | $71.90M | 3 | 2026-06-10 |
| 3 | Haveli Software Management LLC | Director | 15,903,783 | $17.49M | $10.78M | 1 | 2026-05-27 |
| 4 | Haveli Brooks Aggregator, L.P. | Director | 15,105,560 | $16.62M | $23.35M | 4 | 2026-05-21 |
| 5 | Haveli Investment Management LLC | Director | 13,800,508 | $15.18M | $45.72M | 3 | 2026-05-18 |
| 6 | Nima Ghamsari | HEAD OF BLEND | 7,778,468 | $8.56M | -$8.39M | 45 | 2026-10-14 |
| 7 | Haveli Investments Software Fund I GP, LLC | Director | 4,378,029 | $4.82M | $70.57M | 2 | 2025-11-12 |
| 8 | Amir Jafari | HEAD OF FINANCE AND ADMIN. | 1,038,412 | $1.14M | $200.1K | 23 | 2025-05-22 |
| 9 | Brian Kneafsey | Head of Revenue | 649,824 | $714.8K | -$1.99M | 27 | 2026-01-20 |
| 10 | Gerald C. Chen | Director | 639,468 | $703.4K | $0 | 19 | 2026-06-22 |
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.
BLND Board & Officers
As of SEC filings through Oct 21, 2026Directors 13
- Gerald C. Chen · since Jul 15, 2021
- Nima Ghamsari · since Jul 15, 2021
- Timothy J Mayopoulos · since Jul 15, 2021
- Erin N Lantz · since Jan 10, 2023
- Brian Niranjan Sheth · since Apr 29, 2024
- Haveli Brooks Aggregator, L.P. (entity) · since Apr 29, 2024
- Haveli Investment Management LLC (entity) · since Apr 29, 2024
- Haveli Investments Software Fund I GP, LLC (entity) · since Apr 29, 2024
- Haveli Investments, L.P. (entity) · since Apr 29, 2024
- Haveli Software Management LLC (entity) · since Apr 29, 2024
- Whanau Interests LLC (entity) · since Apr 29, 2024
- Bryan Edmund Sullivan · since Jun 12, 2024
- Eric H. Woersching · since Jun 12, 2024
Officers 7
- Nima Ghamsari · Head of Blend · listed since Dec 2021
- Brian Kneafsey · Head of Revenue · since Apr 29, 2024
- Winnie Ling · Head of Legal and People · listed since May 2024
- Srinivasan Venkatramani · Head of Product Tech & Cust Op · since Dec 27, 2024
- Jason Ream · Head of Finance and Admin. · since Aug 7, 2025
- Matthew Christopher Thomson · Head of Revenue · since Apr 29, 2026
- Lina Rivas · Principal Accounting Officer · since Sep 21, 2026
10% owners 7
- Brian Niranjan Sheth · since Apr 29, 2024
- Haveli Brooks Aggregator, L.P. (entity) · since Apr 29, 2024
- Haveli Investment Management LLC (entity) · since Apr 29, 2024
- Haveli Investments Software Fund I GP, LLC (entity) · since Apr 29, 2024
- Haveli Investments, L.P. (entity) · since Apr 29, 2024
- Haveli Software Management LLC (entity) · since Apr 29, 2024
- Whanau Interests LLC (entity) · since Apr 29, 2024
Changes in the last 10 years (61)
| Sep 21, 2026 | Lina Rivas became Principal Accounting Officer |
| Aug 24, 2026 | Oxana Tkach reported in an SEC filing no longer being Principal Accounting Officer |
| Apr 29, 2026 | Matthew Christopher Thomson became Head of Revenue |
| Aug 7, 2025 | The company announced the departure of Amir Jafari as Head of Finance and Admin. in an SEC filing |
| Aug 7, 2025 | Jason Ream became Head of Finance and Admin. |
| Dec 27, 2024 | Srinivasan Venkatramani became Head of Product Tech & Cust Op |
| Jun 12, 2024 | Eric H. Woersching became a director |
| Jun 12, 2024 | Bryan Edmund Sullivan became a director |
| Jun 11, 2024 | Erin James Collard reported in an SEC filing no longer being a director |
| Jun 11, 2024 | Ciara Burnham reported in an SEC filing no longer being a director |
| May 22, 2024 | Winnie Ling listed as Head of Legal and People (previously Head of Legal) in SEC filings |
| Apr 29, 2024 | Whanau Interests LLC became a director |
| Apr 29, 2024 | Whanau Interests LLC became a 10% owner |
| Apr 29, 2024 | Haveli Software Management LLC became a director |
| Apr 29, 2024 | Haveli Software Management LLC became a 10% owner |
| Apr 29, 2024 | Haveli Investments, L.P. became a director |
| Apr 29, 2024 | Haveli Investments, L.P. became a 10% owner |
| Apr 29, 2024 | Haveli Investments Software Fund I GP, LLC became a director |
| Apr 29, 2024 | Haveli Investments Software Fund I GP, LLC became a 10% owner |
| Apr 29, 2024 | Haveli Investment Management LLC became a director |
| Apr 29, 2024 | Haveli Investment Management LLC became a 10% owner |
| Apr 29, 2024 | Haveli Brooks Aggregator, L.P. became a director |
| Apr 29, 2024 | Haveli Brooks Aggregator, L.P. became a 10% owner |
| Apr 29, 2024 | Brian Niranjan Sheth became a director |
| Apr 29, 2024 | Brian Niranjan Sheth became a 10% owner |
| Apr 29, 2024 | Brian Kneafsey became Head of Revenue |
| Oct 12, 2023 | Dean Klinger reported in an SEC filing no longer being Head of Go-To-Market |
| Aug 9, 2023 | Oxana Tkach became Principal Accounting Officer |
| May 4, 2023 | The company announced the departure of Manish K. Gupta as Principal Accounting Officer in an SEC filing |
| Apr 27, 2023 | Winnie Ling became Head of Legal |
| Apr 27, 2023 | Dean Klinger became Head of Go-To-Market |
| Feb 3, 2023 | Crystal Sumner reported in an SEC filing no longer being Head of Legal, Compliance,Risk |
| Jan 30, 2023 | Amir Jafari became Head of Finance and Admin. |
| Jan 10, 2023 | Erin N Lantz became a director |
| Jan 9, 2023 | The company announced the departure of Timothy J Mayopoulos as President in an SEC filing |
| Jan 9, 2023 | The company announced the departure of Roger W. Ferguson Jr. from the board in an SEC filing |
| Jun 14, 2022 | Manish K. Gupta became Principal Accounting Officer |
| Dec 22, 2021 | Nima Ghamsari listed as Head of Blend (previously Chief Executive Officer) in SEC filings |
| Dec 11, 2021 | Ciara Burnham became a director |
| Jul 22, 2021 | Temasek Holdings (Private) Ltd reported in an SEC filing no longer being a 10% owner |
| Jul 22, 2021 | Ossa Investments Pte. Ltd. reported in an SEC filing no longer being a 10% owner |
| Jul 22, 2021 | Hotham Investments Pte. Ltd. reported in an SEC filing no longer being a 10% owner |
| Jul 22, 2021 | Fullerton Management Pte Ltd reported in an SEC filing no longer being a 10% owner |
| Jul 15, 2021 | Timothy J Mayopoulos became a director |
| Jul 15, 2021 | Timothy J Mayopoulos became President |
| Jul 15, 2021 | Temasek Holdings (Private) Ltd became a 10% owner |
| Jul 15, 2021 | Roger W. Ferguson Jr. became a director |
| Jul 15, 2021 | Ravi Mhatre became a 10% owner |
| Jul 15, 2021 | Peter Nieh became a 10% owner |
| Jul 15, 2021 | Ossa Investments Pte. Ltd. became a 10% owner |
| Jul 15, 2021 | Nima Ghamsari became a director |
| Jul 15, 2021 | Nima Ghamsari became Chief Executive Officer |
| Jul 15, 2021 | Marc S. Greenberg became Head of Finance |
| Jul 15, 2021 | Jonathan Y. Chan became Principal Accounting Officer |
| Jul 15, 2021 | Hotham Investments Pte. Ltd. became a 10% owner |
| Jul 15, 2021 | Gerald C. Chen became a director |
| Jul 15, 2021 | Fullerton Management Pte Ltd became a 10% owner |
| Jul 15, 2021 | Erin James Collard became a director |
| Jul 15, 2021 | Crystal Sumner became Head of Legal, Compliance,Risk |
| Jul 15, 2021 | Barry Eggers became a 10% owner |
| Jul 15, 2021 | Ann Mather became a director |
Not reported recently (6)
- Ann Mather · Last reported as a director in an SEC filing dated Jun 15, 2023
- Marc S. Greenberg · Last reported as Head of Finance in an SEC filing dated Feb 22, 2023
- Jonathan Y. Chan · Last reported as Principal Accounting Officer in an SEC filing dated May 24, 2022
- Barry Eggers · Last reported as a 10% owner in an SEC filing dated Dec 8, 2021
- Peter Nieh · Last reported as a 10% owner in an SEC filing dated Dec 8, 2021
- Ravi Mhatre · Last reported as a 10% owner in an SEC filing dated Dec 8, 2021
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.
BLND Proposed Insider Sales (Form 144)
Latest: 2026-10-19
? Form 144 Guide
Last 30d:
4 filings
· $100K notice value
· Last 90d:
9 filings
· $318K notice value
· 4 unique filers
· 100% under 10b5-1 plans
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Ghamsari Nima (6, $150K) · Venkatramani Srinivasan (1, $107K) · Tkach Oxana (1, $31K) · Thomson Matthew Christopher (1, $30K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-10-19 | Ghamsari Nima | Officer, Director | 27,775 | $25.7K | 2026-10-19 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-10-13 | Ghamsari Nima | Officer, Director | 25,098 | $24.5K | 2026-10-12 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-10-05 | Ghamsari Nima | Officer, Director | 24,272 | $24.6K | 2026-10-05 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-09-28 | Ghamsari Nima | Officer, Director | 22,523 | $24.8K | 2026-09-28 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-09-21 | Ghamsari Nima | Officer, Director | 21,009 | $25.0K | 2026-09-21 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-09-14 | Ghamsari Nima | Officer, Director | 17,731 | $25.3K | 2026-09-14 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-09-11 | Venkatramani Srinivasan | Officer | 74,705 | $106.9K | 2026-09-11 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-08-17 | Tkach Oxana | Officer | 21,209 | $30.7K | 2026-08-17 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-08-05 | Thomson Matthew Christopher | Officer | 15,041 | $30.1K | 2026-08-05 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
| 2026-05-22 | Tkach Oxana | Officer | 5,625 | $8.8K | 2026-05-22 | Charles Schwab & Co., Inc. | 10b5-1 | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
54 ETFs hold BLND
25 shown · $325.71M total exposure · 0.03% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VXUS Vanguard Total International Stock ETF | Vanguard | 0.01% | $80.3M | — | 2026-09-30 |
| 2 | VEA Vanguard FTSE Developed Markets ETF | Vanguard | 0.02% | $52.7M | — | 2026-09-30 |
| 3 | IEFA iShares Core MSCI EAFE ETF | iShares (BlackRock) | 0.02% | $41.0M | $191.0B | 2026-10-20 |
| 4 | SCZ iShares MSCI EAFE Small-Cap ETF | iShares (BlackRock) | 0.16% | $20.5M | $12.9B | 2026-10-20 |
| 5 | VNQI Vanguard Global ex-U.S. Real Estate ETF | Vanguard | 0.54% | $19.5M | — | 2026-09-30 |
| 6 | REET iShares Global REIT ETF | iShares (BlackRock) | 0.33% | $15.6M | $4.7B | 2026-10-20 |
| 7 | VGK Vanguard FTSE Europe ETF | Vanguard | 0.03% | $12.9M | — | 2026-09-30 |
| 8 | VEU Vanguard FTSE All-World Ex-US ETF | Vanguard | 0.01% | $12.8M | — | 2026-09-30 |
| 9 | SPDW State Street® SPDR® Portfolio Developed World ex-US ETF | SPDR (State Street) | 0.03% | $11.9M | $40.9B | 2026-10-20 |
| 10 | IXUS iShares Core MSCI Total International Stock ETF | iShares (BlackRock) | 0.01% | $6.2M | $58.1B | 2026-10-20 |
| 11 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $6.1M | — | 2026-09-30 |
| 12 | VT Vanguard Total World Stock ETF | Vanguard | 0.01% | $5.7M | — | 2026-09-30 |
| 13 | IDEV iShares Core MSCI International Developed Markets ETF | iShares (BlackRock) | 0.01% | $5.0M | $34.0B | 2026-10-20 |
| 14 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.01% | $5.0M | $75.1B | 2026-10-20 |
| 15 | INTF iShares International Equity Factor ETF | iShares (BlackRock) | 0.13% | $4.9M | $3.7B | 2026-10-20 |
| 16 | VGT Vanguard Information Technology ETF | Vanguard | 0.00% | $4.4M | — | 2026-09-30 |
| 17 | RWO State Street® SPDR® Dow Jones® Global Real Estate ETF | SPDR (State Street) | 0.35% | $4.3M | $1.2B | 2026-10-20 |
| 18 | IEUR iShares Core MSCI Europe ETF | iShares (BlackRock) | 0.04% | $3.5M | $9.5B | 2026-10-20 |
| 19 | RWX State Street® SPDR® Dow Jones® International Real Estate ETF | SPDR (State Street) | 1.33% | $3.0M | $228.7M | 2026-10-20 |
| 20 | ISCF iShares International Small-Cap Equity Factor ETF | iShares (BlackRock) | 0.37% | $2.6M | $708.5M | 2026-10-20 |
| 21 | VXF Vanguard Extended Market ETF | Vanguard | 0.00% | $2.2M | — | 2026-09-30 |
| 22 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.01% | $1.9M | — | 2026-05-31 |
| 23 | IWO iShares Russell 2000 Growth ETF | iShares (BlackRock) | 0.01% | $1.5M | $13.6B | 2026-10-20 |
| 24 | VSGX Vanguard ESG International Stock ETF | Vanguard | 0.02% | $1.2M | — | 2026-10-20 |
| 25 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.01% | $1.1M | — | 2026-09-30 |
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
$-0.10
TTM Revenue
$127.66M
TTM Net Income
$-23.98M
TTM Op. Cash Flow
$-1.53M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $30.84M | $-12.78M | $-0.05 | $7.35M |
| Q4 '25 | 2025-12-31 | $32.43M | $-8.15M | $-0.03 | $980.00K |
| Q3 '25 | 2025-09-30 | $32.86M | $7.97M | $0.02 | $-3.49M |
| Q2 '25 | 2025-06-30 | $31.52M | $-11.02M | $-0.04 | $-6.37M |
| Q1 '25 | 2025-03-31 | $26.84M | $-14.97M | $-0.06 | $20.12M |
| Q4 '24 | 2024-12-31 | $30.12M | $-6.51M | $-0.03 | $-4.59M |
| Q3 '24 | 2024-09-30 | $33.10M | $-8.25M | $-0.03 | $2.08M |
| Q2 '24 | 2024-06-30 | $28.70M | $-23.59M | $-0.09 | $-6.67M |
| Q1 '24 | 2024-03-31 | $23.84M | $-22.13M | $-0.09 | $-3.87M |
| Q4 '23 | 2023-12-31 | $36.10M | $-31.81M | $-0.13 | $-20.69M |
| Q3 '23 | 2023-09-30 | $40.59M | $-43.21M | $-0.18 | $-25.89M |
| Q2 '23 | 2023-06-30 | $42.81M | $-42.82M | $-0.18 | $-34.39M |
Q1 2026 • period ending 2026-03-31 • filed 2026-05-07
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
—
P/B
—
P/S
2.25
EV/EBITDA
—
EV/Sales
1.95
ROE
—
ROA
-14.9%
Div Yield
0.00%
FCF Yield
-0.53%
Debt/Equity
—
Current Ratio
—
Market Cap
$286.69M
as of 2026-10-21
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
10.76M
SI % of Float
6.69%
Days to Cover
4.88
Short Vol Ratio
62.6%
Free Float
160.99M
Float %
69.0%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-14