BTSG BrightSpring Health Services, Inc. Common Stock

XNAS 66.91 Delayed
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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.

BTSG $66.91 —
Key stats
$66.91
52-Week Range
$30.64 – $73.75
YTD
+74.24%
IV Rank (30D)
26.88
Straddle Price
$6.88
P/C Vol Ratio
2.91
Market Cap
$11.9B
Open
$65.29
Day Range
$64.21 – $71.12
Volume
5,936,213
Prev Close
$60.22
Fair Value
MODEL: LONG

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)4.99%
Beta vs SPY1.01
Cost of Equity (CAPM)10.53% (VRP-adj)
WACC9.71%
Volatility Risk Premium+59.1pp (IV − HV30), ERP adj +50bps
Effective Tax Rate19.8%
Rev. Growth (YoY, DCF input)+14.8%
DCF Horizon10 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.4B
Return on Equity (TTM)17.9%
Book / Price15.0%
Gross Margin (TTM)12.2%
FCF Margin (TTM)2.9%
Debt / Equity1.24
Quality Score2/6 — normal (10y DCF)
Market-Implied Growth+19.1% (reverse-DCF on current price)
SMA 50$59.79 (Market Anchor value)
SMA 20 / Bollinger Mid$61.67
Bollinger Width / SMA2017.6% (drives anchor stability)
Net Debt$1.6B
Market Cap$13B
Peers used for multiples: AXSM, GH, HUM, LFST, LLY, ROIV, RVMD, UNH
60-Day Conviction
87%
20-Day Fair Value
≈ by Nov 30, 2026
$68.47
α +2.4% rank 84%
conviction
95%
40-Day Fair Value
≈ by Dec 29, 2026
$68.26
α +2.1% rank 80%
conviction
67%
60-Day Fair Value
≈ by Jan 27, 2027
$69.38
α +3.7% rank 81%
conviction
87%
MethodImplied PriceWeightDetail
DCF $45.85 24%
DDM (Gordon) n/a 0%
Peer P/E $63.33 11% median 40.8× · 4 peers
Peer EV/EBITDA $56.29 11% median 24.0× · 4 peers
Peer P/B $57.34 2% median 6.3× · 7 peers
Peer P/S $663.93 7% median 9.7× · 7 peers
Market Anchor (SMA50) $59.79 30% stability 62% (BB-width)
Options Expected (B-L 30d) $61.05 15% 12 strikes · skew +0.00
As of 2026-10-30 · updated
About
Industry (SIC)
SERVICES-HOME HEALTH CARE SERVICES (8082) · industry map
Exchange
XNAS
Market Cap
$11.9B
Employees
23,500
List Date
2024-01-26
CIK
0001865782
Headquarters
Louisville, KY
Homepage
https://www.brightspringhealth.com

BrightSpring Health Services Inc is a home and community-based healthcare services platform, focused on delivering complementary pharmacy and provider services to complex patients. Its platform delivers clinical services and pharmacy solutions across Medicare, Medicaid, and commercially insured populations. Its segments include Pharmacy Solutions, Provider Services, and others. It generates the majority of its revenue from the Pharmacy Solutions segment.

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
'24'25'26Avg
Jan0.18%36.18%2.27%12.88%
Feb-20.51%-18.72%2.32%-12.30%
Mar21.45%-2.27%2.48%7.22%
Apr-2.73%-2.29%14.13%3.04%
May5.53%33.02%17.31%18.62%
Jun-1.39%-1.42%16.27%4.49%
Jul13.05%-7.27%-14.69%-2.97%
Aug2.62%20.62%-3.42%6.61%
Sep17.25%23.79%-4.07%12.32%
Oct1.29%10.76%16.82%*9.62%
Nov11.88%7.97%--9.93%
Dec-10.74%4.32%---3.21%
Total34.70%139.41%54.14%76.08%
* Only 3 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: $62.00
SMA 50: $59.94
SMA 200: $54.69
Current: $66.89
EMA 12: $61.42
EMA 26: $60.98
MACD: 0.4366 | Signal: 0.1270
BULLISH
ADX (14): 19.27
RANGE
+DI: 43.91
−DI: 17.01

Momentum Oscillators

RSI (14): 67.26
NEUTRAL
Stoch %K: 41.09
Stoch %D: 24.50
Williams %R: -32.31

Volume & Volatility

BB Upper: $65.98
BB Lower: $58.03
OVERBOUGHT
OBV: 192,897,055
Vol SMA 20: 2,233,782
Vol ROC: 249.10%
ATR: $2.54
True Range: $10.90
HV 20: 45.1%
HV 30: 40.6%
HV 60: 43.5%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-11-01T00:00:00 – 2026-10-30T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary Overall Assessment: BEARISH (Confidence Level: 7/10)

Key Drivers:

  • Bearish MACD signal
  • Strong resistance at $76.88 (Bollinger Bands upper band)
  • Low RSI reading (42.99) indicating a potential sell signal

Primary Risks:

  • High volatility (beta: 1.35 vs SPY)
  • Negative sentiment from recent news headlines (mostly neutral)

Investment Thesis: BTSG's recent price action is driven by bearish momentum, with the MACD signal and strong resistance at $76.88 acting as a catalyst for further decline. However, the low RSI reading and neutral sentiment from recent news headlines may provide some support for the stock.

Recent News Sentiment Impact: The majority of recent news headlines are neutral, which may not be contributing significantly to the current price action.

Technical Analysis

  • Trend Direction: Short-term: BEARISH (based on MACD signal), Medium-term: NEUTRAL, Long-term: BEARISH (due to declining trend lines)
  • Support/Resistance Levels: Key levels include:
    • Upper Bollinger Band ($76.88) - resistance
    • Lower Bollinger Band ($55.28) - support
  • Momentum Signals:
    • RSI interpretation: Oversold (42.99), potential buy signal
    • MACD signal: Bearish, indicating further decline
    • Bollinger Bands position: Neutral, with price touching the middle band
  • Volume Analysis: Volume is trending downward (-70.00%), indicating a lack of buying interest

News & Sentiment Analysis

  • Recent Headlines Summary: Mostly neutral news headlines, with one positive headline (earnings beat)
  • Sentiment Assessment: Neutral sentiment from recent news headlines
  • Catalyst Identification: No significant catalysts identified
  • Market Narrative: The bearish trend is driven by the MACD signal and strong resistance at $76.88

Risk & Volatility Assessment

  • Beta Interpretation: High risk (beta: 1.35 vs SPY)
  • Volatility Regime: High volatility, with a current IV rank of 19.7%
  • Options Market Signals: Low IV premium (-14.5%) and high put/call volume ratio (0.14) indicating bearish sentiment
  • Downside Protection: Support levels include the lower Bollinger Band ($55.28)

Market Context & Positioning

  • Sector Performance: BTSG is underperforming its sector
  • Institutional Activity: No significant institutional activity observed
  • Correlation Analysis: BTSG has a low correlation with the market (R-squared: 0.40)
  • Relative Valuation: BTSG is trading within a neutral range

Key Levels & Action Items

  • Critical Price Levels: Upper Bollinger Band ($76.88) - resistance, Lower Bollinger Band ($55.28) - support
  • Breakout/Breakdown Levels: No significant levels identified
  • Time-Sensitive Catalysts: Earnings date not available
  • Risk Management: Stop-loss levels should be set at $61.51, with position sizing considerations based on the high volatility

Additional Comments

  • The bearish MACD signal and strong resistance at $76.88 are driving the current price action.
  • The low RSI reading and neutral sentiment from recent news headlines may provide some support for the stock.
  • High volatility and a lack of buying interest are contributing to the downward trend.

Overall, BTSG's technical analysis suggests a bearish trend with high risk due to its high beta and volatility.

Generated
Earnings History
8 of 11 under expected move
Avg Expected Move
13.55%
Avg Actual Move
9.21%
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
2024-02-29 Pre-Market 16.03% 7.61% 0.47x Within
2024-05-02 Pre-Market 14.17% 3.75% 0.26x Within
2024-08-02 Pre-Market 12.26% 8.75% 0.71x Within
2024-11-01 Pre-Market 14.36% 15.23% 1.06x Exceeded
2025-05-02 Pre-Market 12.43% 16.59% 1.33x Exceeded
2025-08-01 Pre-Market 14.89% 4.89% 0.33x Within
2025-10-20 Pre-Market 13.54% 2.49% 0.18x Within
2026-02-27 Pre-Market 12.90% 3.24% 0.25x Within
2026-05-01 Pre-Market 13.71% 9.61% 0.70x Within
2026-07-31 Pre-Market 12.62% 18.07% 1.43x Exceeded
2026-10-30 Pre-Market 12.16% 11.08% 0.91x Within

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

BTSG Options Activity & IV Rank

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

Volatility Metrics

Current IV: 45.9%
7-DTE IV: 50.2%
Expected Move: $6.88
7-DTE Move: $6.88
Days to Exp: 21 (2026-11-20)

Options Flow

Call Volume: 188
Put Volume: 548
P/C Volume: 2.915
BEARISH
Call OI: 1,335
Put OI: 329
P/C OI: 0.246
Total OI: 1,664

ATM Options Pricing

ATM Call: $3.95
ATM Put: $2.92
Call %: 5.9%
Put %: 4.4%

Chain Summary

Chain Volume: 5,133
Chain OI: 15,278
Last Updated: 10/30/2026
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 95th 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
95%
vs own history
GEX tilt
+0.70
OI-weighted, today
Vanna tilt
+0.41
δ-sensitivity to IV
Charm tilt
-0.55
δ-decay vs time
Vanna tilt +0.41: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.55: the estimated dealer exposure leans negative, 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.

· 21 ATM contracts, 3k 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 30 · No data
30 DTE / 10d —
— pts EXTREME
as of Oct 30 · 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)29.0MediumOct 30
IV Rank (30 DTE)26.9MediumOct 30
Straddle Price (30 DTE)$6.88Oct 30
Beta Analysis

Risk Metrics

Beta: 1.1123
Alpha: 69.07%
Correlation: 0.3185
R-Squared: 10.1%
Stock Volatility: 44.7%
Market Volatility: 12.8%

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 BTSG
6 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Viking Global Hedge fund
Andreas Halvorsen
$112.9M
0.32%
#65 of 90new13F
Renaissance Technologies Hedge fund
Jim Simons
$53.1M
0.07%
#316 of 3138new13F
Citadel Hedge fund
Ken Griffin
$36.1M
0.02%
#841 of 6285-83.3%13F
Millennium Management Hedge fund
Izzy Englander
$16.5M
0.01%
#1250 of 3716-82.4%13F
Point72 Hedge fund
Steve Cohen
$13.4M
0.02%
#679 of 1945-59.9%13F
Rockefeller Capital Management Family office
Rockefeller family
$187K
0.00%
#2633 of 4729+260.9%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

BTSG Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 218,853,250 (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.

464 filers449,445,384 shares$30.01B value205.36% of float
# Filer Shares Value % of Total % of Float Period
1 Kohlberg Kravis Roberts & Co. L.P. 53,659,760 $3.74B 12.47% 24.52% 2026-06-30
2 BlackRock, Inc. Custodian 48,055,074 $3.35B 11.17% 21.96% 2026-06-30
3 FMR LLC Custodian 26,786,310 $1.87B 6.22% 12.24% 2026-06-30
4 Invesco Ltd. Custodian 23,884,034 $1.67B 5.55% 10.91% 2026-06-30
5 Vanguard Portfolio Management LLC 19,892,916 $1.39B 4.62% 9.09% 2026-06-30
6 T. Rowe Price Associates, Inc. 19,797,724 $1.38B 4.60% 9.05% 2026-06-30
7 Vanguard Capital Management LLC 14,625,132 $1.02B 3.40% 6.68% 2026-06-30
8 Vanguard Group Inc Custodian 25,067,312 $938.77M 3.13% 11.45% 2025-12-31
9 State Street Corp 12,526,632 $873.60M 2.91% 5.72% 2026-06-30
10 T. Rowe Price Investment Management, Inc. 12,083,942 $842.74M 2.81% 5.52% 2026-06-30
11 Geode Capital Management, LLC Custodian 10,366,248 $751.71M 2.50% 4.74% 2026-06-30
12 The Manufacturers Life Insurance Company 6,864,846 $478.75M 1.60% 3.14% 2026-06-30
13 FULLER & THALER ASSET MANAGEMENT, INC. 6,721,940 $468.79M 1.56% 3.07% 2026-06-30
14 American Century Companies, Inc. 6,582,078 $459.03M 1.53% 3.01% 2026-06-30
15 Dimensional Fund Advisors LP Custodian 5,477,502 $381.98M 1.27% 2.50% 2026-06-30
16 AllianceBernstein L.P. 8,641,284 $368.21M 1.23% 3.95% 2026-06-30
17 Marshall Wace, LLP Custodian 5,272,354 $367.69M 1.23% 2.41% 2026-06-30
18 Morgan Stanley Custodian 4,335,888 $302.38M 1.01% 1.98% 2026-06-30
19 Arrowstreet Capital, Limited Partnership 4,186,512 $291.97M 0.97% 1.91% 2026-06-30
20 BROWN ADVISORY INC 3,916,872 $273.16M 0.91% 1.79% 2026-06-30
21 Norges Bank 3,911,810 $272.81M 0.91% 1.79% 2026-06-30
22 Charles Schwab Investment Management, Inc. 3,779,658 $263.59M 0.88% 1.73% 2026-06-30
23 Bank of America Corp Custodian 3,655,710 $254.95M 0.85% 1.67% 2026-06-30
24 Ameriprise Financial, Inc. Custodian 3,597,202 $250.93M 0.84% 1.64% 2026-06-30
25 FARALLON CAPITAL MANAGEMENT, L.L.C. 3,465,600 $241.69M 0.81% 1.58% 2026-06-30
6 filers$86.49M notional
# Filer Notional Value % of Total Period
1 Caption Management, LLC $61.05M 70.59% 2026-06-30
2 Susquehanna International Group, LLP Custodian $14.27M 16.50% 2026-06-30
3 Citadel Advisors LLC Custodian $5.33M 6.16% 2026-06-30
4 Walleye Trading LLC $4.28M 4.95% 2026-06-30
5 Jane Street Group, LLC Custodian $1.16M 1.34% 2026-06-30
6 Walleye Capital LLC $404.49K 0.47% 2026-06-30
5 filers$62.78M notional
# Filer Notional Value % of Total Period
1 Caption Management, LLC $47.42M 75.54% 2026-06-30
2 Susquehanna International Group, LLP Custodian $9.07M 14.44% 2026-06-30
3 Citadel Advisors LLC Custodian $4.37M 6.95% 2026-06-30
4 Jane Street Group, LLC Custodian $1.30M 2.07% 2026-06-30
5 Walleye Capital LLC $627.66K 1.00% 2026-06-30

BTSG Insider Trading (Form 4)

Latest: 2026-10-27
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
2026-10-27 Jon B Rousseau See Remarks Tax (F) −36,355 $60.11 -$2.19M EDGAR
2026-09-16 Scott A. Greenwell President, PharMerica Mixed −3,126 $42.15 -$607.7K EDGAR
2026-07-28 Jon B Rousseau See Remarks Tax (F) −56,319 $72.91 -$4.11M 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.

BTSG Insider Holdings

2 insiders · @ $66.89
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 Jon B Rousseau See Remarks 1,471,592 $98.43M $0 2 2026-10-27
2 Scott A. Greenwell President, PharMerica 46,345 $3.10M -$874.4K 1 2026-09-16
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.

BTSG Board & Officers

As of SEC filings through Oct 27, 2026

Directors 7

Officers 4

  • Jon B Rousseau · Title: Chairman, President and Chief Executive Officer · since Jan 26, 2024
  • Lisa A Nalley · Title: Chief of Staff and Senior Vice President, Human Resources · since Jan 26, 2024
  • Scott A. Greenwell · President, PharMerica · since Jun 16, 2025
  • Jennifer A Phipps · Chief Financial Officer · listed since Jan 2026

10% owners 12

Changes in the last 10 years (40)
Jun 11, 2026Nigam H. Shah became a director
Mar 31, 2026Robert Allen Barnes reported in an SEC filing no longer being President, Community Living
Jan 27, 2026Jennifer A Phipps listed as Chief Financial Officer (previously Chief Accounting Officer) in SEC filings
Jun 20, 2025The company announced the departure of Michael A McMaude as Title: President, Hospice Services in an SEC filing
Jun 16, 2025Scott A. Greenwell became President, PharMerica
Mar 5, 2025The company announced the departure of James F Mattingly Jr as Title: Executive Vice President and Chief Financial Officer in an SEC filing
Feb 20, 2025Walgreens Boots Alliance, Inc. reported in an SEC filing no longer being a 10% owner
Feb 20, 2025WALGREEN CO reported in an SEC filing no longer being a 10% owner
Jan 28, 2025Michael A McMaude listed as Title: President, Hospice Services (previously Title: President, Home Health and Hospice Services) in SEC filings
Oct 11, 2024The company announced the departure of Steven S Reed as Title: Chief Legal Officer and Corporate Secretary in an SEC filing
Sep 27, 2024Steven B Miller became a director
Apr 24, 2024Timothy A Wicks became a director
Jan 26, 2024Walgreens Boots Alliance, Inc. became a 10% owner
Jan 26, 2024WALGREEN CO became a 10% owner
Jan 26, 2024Steven S Reed became Title: Chief Legal Officer and Corporate Secretary
Jan 26, 2024Robert Allen Barnes became President, Community Living
Jan 26, 2024Olivia F Kirtley became a director
Jan 26, 2024Michael A McMaude became Title: President, Home Health and Hospice Services
Jan 26, 2024Max Lin became a director
Jan 26, 2024Matthew DAmbrosio became a director
Not reported recently (3)
  • Jennifer Yowler · Last reported as President, PharMerica in an SEC filing dated Mar 19, 2025
  • Matthew DAmbrosio · Last reported as a director in an SEC filing dated May 21, 2024
  • Hunter H Craig · Last reported as a director in an SEC filing dated Jan 26, 2024
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.

BTSG Proposed Insider Sales (Form 144)

Latest: 2026-09-14
Last 30d: 0 filings  ·  Last 90d: 1 filing · $874K notice value · 1 unique filer · 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: Greenwell Scott A. (1, $874K)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-09-14 Greenwell Scott A. Officer 15,099 $874.4K 2026-09-14 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2026-06-03 Barnes Robert Allen Former Officer 62,608 $3.77M 2026-06-03 Fidelity Brokerage Services LLC — EDGAR
2026-06-02 Barnes Robert Allen Former Officer 9,201 $551.6K 2026-06-02 Fidelity Brokerage Services LLC — EDGAR
2025-08-14 McMaude Michael A Former Officer 16,168 $362.2K 2025-08-14 Fidelity Brokerage Services LLC — EDGAR
2025-02-18 Walgreen Co. 10% Stockholder 12,000,000 $265.80M 2025-02-18 BofA Securities, Inc. — 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
140 ETFs hold BTSG
25 shown · $2.26B total exposure · 0.28% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 IJH iShares Core S&P Mid-Cap ETF iShares (BlackRock) 0.30% $368.2M $123.2B 2026-10-29
2 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.01% $302.9M — 2026-09-30
3 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.34% $257.2M $75.5B 2026-10-29
4 VB Vanguard Morningstar Small-Cap ETF Vanguard 0.12% $214.9M — 2026-09-30
5 XMMO Invesco S&P MidCap Momentum ETF Invesco 1.96% $131.5M — 2026-10-29
6 VBK Vanguard Morningstar Small-Cap Growth ETF Vanguard 0.27% $119.6M — 2026-09-30
7 VXF Vanguard Extended Market ETF Vanguard 0.12% $108.6M — 2026-09-30
8 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.67% $95.6M $14.0B 2026-10-29
9 PFF iShares Preferred and Income Securities ETF iShares (BlackRock) 0.80% $94.4M $11.7B 2026-10-29
10 MDY State Street® SPDR® S&P MIDCAP 400® ETF Trust SPDR (State Street) 0.29% $76.7M $26.2B 2026-10-29
11 IJK iShares S&P Mid-Cap 400 Growth ETF iShares (BlackRock) 0.58% $61.8M $10.4B 2026-10-29
12 SPMD State Street® SPDR® Portfolio S&P 400™ Mid Cap ETF SPDR (State Street) 0.30% $55.7M $18.9B 2026-10-29
13 VTWO Vanguard Russell 2000 ETF Vanguard 0.31% $55.4M — 2026-09-30
14 DFAS Dimensional US Small Cap ETF Dimensional 0.15% $53.8M — 2026-10-29
15 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.05% $40.5M — 2026-10-29
16 SCHA Schwab U.S. Small-Cap ETF Nport 0.17% $39.2M — 2026-05-31
17 FESM Fidelity Enhanced Small Cap Core ETF Fidelity 0.56% $38.3M $6.9B 2026-10-29
18 VHT Vanguard Health Care ETF Vanguard 0.13% $28.1M — 2026-09-30
19 TMSL T. Rowe Price Small-Mid Cap ETF Nport 0.80% $21.5M — 2026-06-30
20 IHF iShares U.S. Healthcare Providers ETF iShares (BlackRock) 1.25% $18.5M $1.5B 2026-10-29
21 FPX First Trust US Equity Opportunities ETF First Trust 1.21% $16.9M $1.4B 2026-10-29
22 MDYG State Street® SPDR® S&P 400™ Mid Cap Growth ETF SPDR (State Street) 0.59% $16.7M $2.8B 2026-10-29
23 FFSM Fidelity Fundamental Small-Mid Cap ETF Nport 1.08% $16.2M — 2026-07-31
24 IVOO Vanguard S&P Mid-Cap 400 ETF Vanguard 0.28% $16.1M — 2026-09-30
25 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.01% $13.3M $95.5B 2026-10-29
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
47.44
TTM Diluted EPS
$1.41
TTM Revenue
$13.65B
TTM Net Income
$309.89M
TTM Op. Cash Flow
$511.51M
Quarterly figures (9 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q1 '262026-03-31$3.61B$148.77M$0.67$122.94M
Q4 '252025-12-31$3.55B$77.08M$0.35$231.56M
Q3 '252025-09-30$3.33B$55.84M$0.26$107.94M
Q2 '252025-06-30$3.15B$28.21M$0.13$49.08M
Q1 '252025-03-31$2.88B$29.54M$0.14$101.60M
Q4 '242024-12-31$2.75B$16.00M$0.09$90.61M
Q3 '242024-09-30$2.60B$-8.23M$-0.04$27.25M
Q2 '242024-06-30$2.44B$19.92M$0.10$-15.22M
Q1 '242024-03-31$2.29B$-45.75M$-0.26$-78.86M
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
47.44
P/B
7.40
P/S
1.07
EV/EBITDA
30.75
EV/Sales
1.19
ROE
15.7%
ROA
5.0%
Div Yield
0.00%
FCF Yield
3.49%
Debt/Equity
1.24
Current Ratio
—
Market Cap
$14.64B
as of 2026-10-30
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
11.47M
SI % of Float
7.68%
Days to Cover
5.18
Short Vol Ratio
48.8%
Free Float
149.33M
Float %
75.5%
Short interest 2026-10-15 • Short volume 2026-10-30 • Float 2026-08-24