EMPD Empery Digital Inc.
XNAS
2.10
Delayed
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.
EMPD
$2.10
—
What changed
Recent filings, trades and movesKey stats
$2.10
- 52-Week Range
- $1.91 – $6.60
- YTD
- -54.95%
- IV Rank (30D)
- 61.24
- Straddle Price
- $0.85
- P/C Vol Ratio
- 0.47
- Market Cap
- $0.1B
- Open
- $2.07
- Day Range
- $2.06 – $2.12
- Volume
- 23,581
- Prev Close
- $2.01
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) | 4.84% |
| Beta vs SPY | 1.88 |
| Cost of Equity (CAPM) | 15.17% (VRP-adj) |
| WACC | 10.52% |
| Volatility Risk Premium | +291.7pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +3.0% |
| DCF Horizon | 5 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.03 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $-0.5B |
| Return on Equity (TTM) | -143.8% |
| Book / Price | 247.8% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | -15.9% |
| FCF Margin (TTM) | -41943.0% |
| Debt / Equity | 0.27 |
| Quality Score | 1/6 — cyclical/struggling (5y DCF) |
| SMA 50 | $2.94 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $2.69 |
| Bollinger Width / SMA20 | 52.6% (drives anchor stability) |
| Net Debt | $0.0B |
| Market Cap | $0B |
Peers used for multiples: ABTC, ASST, CLSK, HUT, MARA, MSTR, RIOT
(filtered from 8 ETF-co-members; sector bias active)
Blended Fair Value
$4.56
Deviation
+50.0%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | n/a | 0% | |
| Peer EV/EBITDA | n/a | 0% | |
| Peer P/B | $10.46 | 24% | median 2.1× · 7 peers |
| Peer P/S | $0.33 | 8% | median 9.3× · 7 peers |
| Market Anchor (SMA50) | $2.94 | 68% | stability 63% (BB-width) |
| Options Expected (B-L 30d) | n/a | 0% |
As of 2026-11-10 · updated
Related
About
- Industry (SIC)
- FINANCE SERVICES (6199) · industry map
- Exchange
- XNAS
- Market Cap
- $0.1B
- Employees
- 15
- List Date
- 2021-10-06
- CIK
- 0001829794
- Last Earnings
- Nov 12 before open · −1.8% vs ±14.8% expected
- Headquarters
- Pflugerville, TX
- Homepage
- https://www.volcon.com
Empery Digital Inc is an all-electric, off-road powersports vehicle company developing and building electric two and four-wheel motorcycles and utility terrain vehicles, also known as side-by-sides, along with a complete line of upgrades and accessories. The company's products include motorcycle and UTV products that are all-electric and designed for off-road use.
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 | '25 | '26 | Avg |
|---|---|---|---|
| Jan | -- | 5.59% | 5.59% |
| Feb | -- | -20.59% | -20.59% |
| Mar | -- | 2.17% | 2.17% |
| Apr | -- | 11.11% | 11.11% |
| May | -- | -7.98% | -7.98% |
| Jun | -- | -16.04% | -16.04% |
| Jul | 0.00% | -23.24% | -11.62% |
| Aug | -27.69% | 11.81% | -7.94% |
| Sep | 5.03% | -14.25% | -4.61% |
| Oct | -8.41% | -12.09% | -10.25% |
| Nov | -21.28% | -18.95%* | -20.12% |
| Dec | -4.80% | -- | -4.80% |
| Total | -47.87% | -61.44% | -54.65% |
* Only 2 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $2.58
SMA 50: $2.89
SMA 200: $3.73
Current: $2.10
EMA 12: $2.32
EMA 26: $2.58
MACD: -0.2582 | Signal: -0.0672
BEARISH
ADX (14): 25.97
TREND
+DI: 10.22
−DI: 30.57
Momentum Oscillators
RSI (14): 32.49
NEUTRAL
Stoch %K: 10.66
Stoch %D: 7.07
Williams %R: -83.39
Volume & Volatility
BB Upper: $3.30
BB Lower: $1.85
NEUTRAL
OBV: -5,388,679
Vol SMA 20: 179,650
Vol ROC: -83.02%
ATR: $0.23
True Range: $0.11
HV 20: 81.1%
HV 30: 77.8%
HV 60: 74.9%
Data Summary
Data Points: 323
Last Updated:
Date Range: 2025-07-31T00:00:00 – 2026-11-10T00:00:00
AI Analysis
Here is the comprehensive stock analysis report for EMPD:
Executive Summary
- Overall assessment: BEARISH with confidence level (8/10)
- Key drivers and primary risks:
- Negative news sentiment from recent headlines
- High volatility, high risk relative to market (beta >1.5)
- Weakening trend momentum and technical signals
- Investment thesis: EMPD is a high-risk stock with limited upside potential, driven by negative news and high volatility.
- Recent news sentiment impact: The recent negative headlines have contributed to the bearish outlook.
Technical Analysis
- Trend Direction: Short-term (1-4 weeks): BEARISH; Medium-term (1-3 months): NEUTRAL; Long-term (3-12 months): BULLISH
- Support/Resistance Levels:
- SMA 20: $2.97 (support)
- Lower Bollinger Band: $2.47 (support)
- Momentum Signals:
- RSI interpretation: Neutral (55.20) with no clear buy or sell signal
- MACD signal: Bearish crossover (0.05 / Signal: 0.08 / Histogram: -0.03)
- Bollinger Bands position: Squeeze, indicating potential for increased volatility
- Volume Analysis: Volume trends and institutional interest signals:
- Volume SMA 20: 498056.11 (neutral)
- On-Balance Volume (OBV): -4034272.12 (negative)
News & Sentiment Analysis
- Recent Headlines Summary:
- Negative headlines from shareholder activism, calling for the company's CEO and board of directors to resign
- Sentiment Assessment: NEGATIVE
- Catalyst Identification: None in near-term horizon
- Market Narrative: The negative news has led to a weakening trend momentum and technical signals.
Risk & Volatility Assessment
- Beta Interpretation: High risk relative to market (beta >1.5)
- Volatility Regime: Current vs historical volatility levels:
- Stock Volatility: 0.74 (high)
- Historical Volatility: HV20 85.3% / HV30 78.5% / HV60 72.3% (increasing over time)
- Options Market Signals:
- IV Rank: 31.8% (Medium) indicating historically high volatility
- Current IV: 206.0% (high)
- Downside Protection: Support levels and risk management considerations:
- SMA 20: $2.97 (support)
- Lower Bollinger Band: $2.47 (support)
Market Context & Positioning
- Sector Performance: Relative strength vs sector/market: EMPD is underperforming its peers.
- Institutional Activity: Institutional volume patterns suggesting institutional interest:
- Volume SMA 20: 498056.11 (neutral)
- Correlation Analysis: How stock moves relative to market (R-squared interpretation):
- Correlation: 0.46 (low, indicating limited correlation with market movements)
- Relative Valuation: Position within trading range:
- EMPD is currently trading above its middle Bollinger Band ($2.97), indicating a potential reversal
Key Levels & Action Items
- Critical Price Levels:
- SMA 20: $2.97 (support)
- Lower Bollinger Band: $2.47 (support)
- Breakout/Breakdown Levels: Technical levels that could trigger significant moves:
- Upper Bollinger Band: $3.47 (resistance)
- Time-Sensitive Catalysts: None in near-term horizon
- Risk Management: Stop-loss levels and position sizing considerations:
- Consider setting stop-loss below SMA 20 ($2.97) or Lower Bollinger Band ($2.47)
Please note that this analysis is based on the data provided, but it's essential to consider additional factors like sector performance, market sentiment, and other relevant news before making investment decisions.
Generated
News
All EMPD news →
Earnings History
1 of 1 under expected move
Avg Expected Move
14.75%
Avg Actual Move
1.80%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2025-11-12 | Pre-Market | 14.75% | 1.80% | 0.12x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
EMPD Options Activity & IV Rank
EMPD IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 201.1%
7-DTE IV: 316.8%
Expected Move: $0.85
7-DTE Move: $0.68
Days to Exp: 37 (2026-12-18)
Options Flow · All expiries
Call Volume: 1,101
Put Volume: 518
P/C Volume: 0.47
BULLISH
Call OI: 22,058
Put OI: 465
P/C OI: 0.021
Total OI: 22,523
ATM Options Pricing
ATM Call: $0.38
ATM Put: $0.47
Call %: 17.9%
Put %: 22.7%
Chain Summary
Chain Volume: 1,619
Chain OI: 22,523
Last Updated: 11/11/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
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.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
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 →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
HIGH γ vs HISTORY
Estimated net dealer gamma is at the 85th 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
85%
vs own history
GEX tilt
+0.98
OI-weighted, today
Vanna tilt
+1.00
δ-sensitivity to IV
Charm tilt
-0.03
δ-decay vs time
Vanna tilt +1.00: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
? What is this?
· 3 ATM contracts, 3k 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
No data
30 DTE / 10d
—
—
pts
EXTREME
No data
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
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)67.3MediumNov 11
IV Rank (30 DTE)61.2MediumNov 11
Straddle Price (30 DTE)$0.85Nov 11
Beta Analysis
Risk Metrics
Beta: 2.4307
Alpha: -113.33%
Correlation: 0.4324
R-Squared: 18.7%
Stock Volatility: 76.9%
Market Volatility: 13.7%
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 EMPD
1 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Millennium Management Hedge fund Izzy Englander | $2.0M | #2586 of 3716 | -34.3% | 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
EMPD Institutional Ownership (13F)
Filings for 2026-06-30 · 5 already for 2026-09-30
? 13F Guide
Diluted shares outstanding: 22,038,798 (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.
9 filers$5.12M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Caption Management, LLC | $2.33M | 45.55% | 2026-06-30 |
| 2 | Clear Street Group Inc. | $1.07M | 20.86% | 2026-06-30 |
| 3 | Simplex Trading, LLC Custodian | $416.28K | 8.13% | 2026-09-30 |
| 4 | Susquehanna International Group, LLP Custodian | $385.19K | 7.53% | 2026-06-30 |
| 5 | HIGHBRIDGE CAPITAL MANAGEMENT LLC | $371.00K | 7.25% | 2026-06-30 |
| 6 | Jane Street Group, LLC Custodian | $231.04K | 4.51% | 2026-06-30 |
| 7 | Citadel Advisors LLC Custodian | $172.30K | 3.37% | 2026-06-30 |
| 8 | IMC-Chicago, LLC Custodian | $83.68K | 1.63% | 2026-09-30 |
| 9 | GROUP ONE TRADING LLC Custodian | $59.45K | 1.16% | 2026-06-30 |
1 filers$744.60K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | HIGHBRIDGE CAPITAL MANAGEMENT LLC | $744.60K | 100.00% | 2026-06-30 |
EMPD Insider Trading (Form 4)
Latest: 2026-11-06Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-11-06 | Tice Brown | 10%+ Owner | Sell (S) | −500 | $2.39 | -$1.2K | EDGAR |
| 2026-11-03 | Woodmont Investing LLC | 10%+ Owner | Sell (S) | −15,643 | $2.75 | -$43.0K | EDGAR |
| 2026-09-02 | Empery Asset Management, LP | 10%+ Owner | Buy (P) | +500,000 | $3.59 | $1.79M | EDGAR |
| 2026-08-14 | Ryan M. Lane | Co-Chief Executive Officer | Buy (P) | +1,400,000 | $2.91 | $4.07M | EDGAR |
| 2026-05-19 | Woodmont Investing LLC | 10%+ Owner | Exer (X) | +100,000 | $2.99 | $299.0K | EDGAR |
| 2026-02-20 | Jonathan P. Foster | Director | Other (J) | −4 opt | — | EDGAR | |
| 2026-02-20 | Greg Endo | Chief Executive Officer | Other (J) | −5 opt | — | EDGAR | |
| 2026-02-20 | ATG Capital Opportunities Fund LP | 10%+ Owner | Buy (P) | +428,626 | $4.94 | $2.12M | EDGAR |
| 2026-02-20 | Kyoung John Kim | Co-Chief Executive Officer | Other (J) | −4 opt | — | EDGAR | |
| 2026-02-20 | ATG Capital Management LP | 10%+ Owner | Buy (P) | +691,145 | $4.68 | $3.23M | EDGAR |
| 2026-02-04 | ATG Capital Opportunities Fund LP | 10%+ Owner | Buy (P) | +691,145 | $4.68 | $3.23M | EDGAR |
| 2026-01-30 | ATG Capital Opportunities Fund LP | 10%+ Owner | Buy (P) | +428,626 | $4.94 | $2.12M | EDGAR |
| 2025-12-15 | Ryan M. Lane | Co-Chief Executive Officer | Award (A) | +253,751 | $4.58 | $1.16M | EDGAR |
| 2025-12-08 | Ryan M. Lane | Co-Chief Executive Officer | Award (A) | +150,000 | $4.85 | $727.8K | EDGAR |
| 2025-08-25 | Rohan Kumar Chauhan | Director | Grant (A) | +298,802 opt | — | 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.
EMPD Insider Holdings
6 insiders · @ $2.01
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 | ATG Capital Opportunities Fund LP | 10%+ Owner | 8,308,855 | $16.70M | $7.46M | 3 | 2026-02-20 |
| 2 | Empery Asset Management, LP | 10%+ Owner | 4,930,345 | $9.91M | $1.79M | 1 | 2026-09-02 |
| 3 | ATG Capital Management LP | 10%+ Owner | 4,500,000 | $9.04M | $3.23M | 1 | 2026-02-20 |
| 4 | Ryan M. Lane | Co-Chief Executive Officer | 4,430,345 | $8.90M | $4.07M | 3 | 2026-08-14 |
| 5 | Woodmont Investing LLC | 10%+ Owner | 2,750,843 | $5.53M | -$43.0K | 2 | 2026-11-03 |
| 6 | Tice Brown | 10%+ Owner | 2,745,879 | $5.52M | -$1.2K | 1 | 2026-11-06 |
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.
EMPD Board & Officers
As of SEC filings through Nov 6, 2026Directors 10
- Jonathan P. Foster · since Oct 5, 2021
- Kyoung John Kim · since Oct 5, 2021
- Janzen Adrian Nicholas Solgaard · since Jul 29, 2024
- Orn Olason · since Dec 5, 2024
- Ian C Read · since Jul 17, 2025
- Matthew Homer · since Jul 17, 2025
- Rohan Kumar Chauhan · since Jul 17, 2025
- Ryan M. Lane · since Jul 17, 2025
- Aaron Thomas Morris · since Oct 14, 2026
- Edward Taylor Robertson · since Oct 14, 2026
Officers 5
- Kyoung John Kim · Co-Chief Executive Officer · listed since Jun 2025
- Ryan M. Lane · Co-Chief Executive Officer · since Jul 17, 2025
- Greg Endo · Chief Financial Officer · since Oct 5, 2021
- Timothy J. Silver · Chief Operating Officer · since Jul 17, 2025
- Brett S Director · VP of Legal · since Jul 17, 2025
10% owners 8
- ATG Capital Management GP LLC (entity) · since Jan 28, 2026
- ATG Capital Management LP (entity) · since Jan 28, 2026
- ATG Capital Opportunities Fund LP (entity) · since Jan 28, 2026
- Empery Asset Management, LP (entity) · since Apr 1, 2026
- Gabriel Gliksberg · since Jan 28, 2026
- Ryan M. Lane · listed since Sep 2026
- Tice Brown · since Feb 25, 2026
- Woodmont Investing LLC (entity) · since Feb 25, 2026
Changes in the last 10 years (45)
| Oct 14, 2026 | Edward Taylor Robertson became a director |
| Oct 14, 2026 | Aaron Thomas Morris became a director |
| Sep 2, 2026 | Ryan M. Lane first listed as a 10% owner in an SEC filing |
| Apr 1, 2026 | Empery Asset Management, LP became a 10% owner |
| Feb 25, 2026 | Woodmont Investing LLC became a 10% owner |
| Feb 25, 2026 | Tice Brown became a 10% owner |
| Jan 28, 2026 | Gabriel Gliksberg became a 10% owner |
| Jan 28, 2026 | ATG Capital Opportunities Fund LP became a 10% owner |
| Jan 28, 2026 | ATG Capital Management LP became a 10% owner |
| Jan 28, 2026 | ATG Capital Management GP LLC became a 10% owner |
| Dec 3, 2025 | The company announced the departure of Karin-Joyce Tjon from the board in an SEC filing |
| Jul 21, 2025 | Kyoung John Kim no longer listed as a 10% owner in SEC filings |
| Jul 21, 2025 | Greg Endo no longer listed as a 10% owner in SEC filings |
| Jul 17, 2025 | Timothy J. Silver became Chief Operating Officer |
| Jul 17, 2025 | Ryan M. Lane became a director |
| Jul 17, 2025 | Ryan M. Lane became Co-Chief Executive Officer |
| Jul 17, 2025 | Rohan Kumar Chauhan became a director |
| Jul 17, 2025 | Matthew Homer became a director |
| Jul 17, 2025 | Ian C Read became a director |
| Jul 17, 2025 | Brett S Director became VP of Legal |
| Jun 2, 2025 | Kyoung John Kim first listed as a 10% owner in an SEC filing |
| Jun 2, 2025 | Kyoung John Kim first listed as Co-Chief Executive Officer in an SEC filing |
| Jun 2, 2025 | Greg Endo first listed as a 10% owner in an SEC filing |
| Dec 5, 2024 | Orn Olason became a director |
| Oct 17, 2024 | Sabby Management, LLC reported in an SEC filing no longer being a 10% owner |
| Aug 1, 2024 | Sabby Management, LLC became a 10% owner |
| Jul 29, 2024 | Janzen Adrian Nicholas Solgaard became a director |
| Jul 10, 2024 | UBS Group AG reported in an SEC filing no longer being a 10% owner |
| Jul 5, 2024 | UBS Group AG became a 10% owner |
| Jan 14, 2024 | The company announced the departure of Jordan Don Davis as Chief Executive Officer in an SEC filing |
| Dec 19, 2022 | The company announced the departure of Christian Okonsky from the board in an SEC filing |
| Dec 19, 2022 | The company announced the departure of Christian Okonsky as Chief Technology Officer in an SEC filing |
| Jun 1, 2022 | Melissa Coffey became VP - Sales & Marketing |
| Apr 18, 2022 | The company announced the departure of Adrian James from the board in an SEC filing |
| Jan 3, 2022 | Stephanie Michelle Davis became Chief Operating Officer |
| Oct 5, 2021 | Kyoung John Kim became a director |
| Oct 5, 2021 | Karin-Joyce Tjon became a director |
| Oct 5, 2021 | Jordan Don Davis became Chief Executive Officer |
| Oct 5, 2021 | Jonathan P. Foster became a director |
| Oct 5, 2021 | Greg Endo became Chief Financial Officer |
| Oct 5, 2021 | Christian Okonsky became a director |
| Oct 5, 2021 | Christian Okonsky became a 10% owner |
| Oct 5, 2021 | Christian Okonsky became Chief Technology Officer |
| Oct 5, 2021 | Adrian James became a director |
| Oct 5, 2021 | Adrian James became a 10% owner |
Not reported recently (4)
- Stephanie Michelle Davis · Last reported as Chief Operating Officer in an SEC filing dated Jul 14, 2023
- Melissa Coffey · Last reported as VP - Sales & Marketing in an SEC filing dated Jul 14, 2023
- Christian Okonsky · Last reported as a 10% owner in an SEC filing dated May 20, 2022
- Adrian James · Last reported as a 10% owner in an SEC filing dated Dec 22, 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.
Recent SEC Filings
Latest: 2026-11-09
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Event | Link |
|---|---|---|
| 2026-11-09 | Regulation FD disclosure · Other events | EDGAR |
| 2026-11-02 | Regulation FD disclosure · Other events | EDGAR |
| 2026-10-26 | Regulation FD disclosure · Other events | EDGAR |
| 2026-10-19 | Shareholder vote results | EDGAR |
| 2026-10-15 | Regulation FD disclosure | EDGAR |
| 2026-07-23 | Regulation FD disclosure · Other events | EDGAR |
| 2026-07-10 | Other events | EDGAR |
| 2026-07-06 | Material agreement · Agreement terminated · Shareholder rights change · Bylaws or fiscal year change · Regulation FD disclosure | EDGAR |
| 2026-07-01 | Regulation FD disclosure · Other events | EDGAR |
| 2026-06-30 | Material agreement · New debt obligation · Regulation FD disclosure · Other events | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|
ETF Holders
4 ETFs hold EMPD
4 shown · $3.55M total exposure · 0.01% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $2.1M | — | 2026-09-30 |
| 2 | OWNB Bitwise Bitcoin Standard Corporations ETF | Nport | 4.56% | $690,935 | — | 2026-06-30 |
| 3 | VXF Vanguard Extended Market ETF | Vanguard | 0.00% | $595,643 | — | 2026-09-30 |
| 4 | IWC iShares Micro-Cap ETF | iShares (BlackRock) | 0.01% | $117,793 | $1.2B | 2026-11-09 |
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
$-11.12
TTM Revenue
$1.13M
TTM Net Income
$-123.86M
TTM Op. Cash Flow
$-17.78M
Quarterly figures (3 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $225.70K | $-85.40M | $-2.59 | $-3.50M |
| Q4 '25 | 2025-12-31 | $-662.31K | $-109.14M | $-4.84 | $-2.99M |
| Q3 '25 | 2025-09-30 | $198.30K | $-34.56M | $-0.96 | $-7.62M |
Q1 2026 • period ending 2026-03-31 • filed 2026-05-08
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
0.27
P/S
39.31
EV/EBITDA
—
EV/Sales
74.15
ROE
-74.6%
ROA
-56.9%
Div Yield
0.00%
FCF Yield
-40.13%
Debt/Equity
0.27
Current Ratio
—
Market Cap
$44.30M
as of 2026-11-10
EMPD vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| MSTR Strategy Inc Common Stock Class A | $53.2B | — | +0.4% | −22.4% | 42 |
| HUT Hut 8 Corp. Common Stock | $6.8B | — | +129.5% | +14.9% | 41 |
| RIOT Riot Platforms, Inc. Common Stock | $6.6B | — | +24.5% | +27.6% | 52 |
| ASST Strive, Inc. Class A Common Stock | $2.7B | — | +160.4% | +28.3% | 67 |
| MARA MARA Holdings, Inc. Common Stock | $2.6B | — | +0.7% | −24.2% | 49 |
| XXI Twenty One Capital, Inc. | $1.9B | — | — | −42.7% | 51 |
| CLSK CLEANSPARK INC | $1.8B | — | +68.0% | −40.7% | 65 |
| ABTC American Bitcoin Corp. Class A Common St | $386M | — | — | −79.8% | 19 |
| EMPD Empery Digital Inc. Common stock | $57M | — | — | −54.9% | 61 |
| Peer median | $2.6B | — | +46.2% | −23.3% | 50 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
2.22M
SI % of Float
13.10%
Days to Cover
22.06
Short Vol Ratio
16.9%
Free Float
16.92M
Float %
60.1%
Short interest 2026-10-15 • Short volume 2026-11-10 • Float 2026-09-03