GlobeNewswire Inc.T3·5mo ago
FIP FTAI Infrastructure Inc. Common Stock
XNAS 2.41 DelayedStock 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.
FIP
$2.41
—
Key stats
$2.41
- 52-Week Range
- $2.23 – $6.69
- YTD
- -50.61%
- IV Rank (30D)
- 67.09
- Straddle Price
- $3.17
- P/C Vol Ratio
- 0.01
- Market Cap
- $0.3B
- Open
- $2.33
- Day Range
- $2.31 – $2.44
- Volume
- 1,661,572
- Prev Close
- $2.31
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) | 5.15% |
| Beta vs SPY | 1.25 |
| Cost of Equity (CAPM) | 12.03% (VRP-adj) |
| WACC | 6.01% |
| Volatility Risk Premium | +162.6pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +30.0% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $-0.3B |
| Return on Equity (TTM) | 183.7% |
| Book / Price | -188.0% |
| Gross Margin (TTM) | 81.7% |
| FCF Margin (TTM) | -48.8% |
| Quality Score | 3/6 — normal (10y DCF) |
| SMA 50 | $3.18 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $2.64 |
| Bollinger Width / SMA20 | 1323.9% (drives anchor stability) |
| Net Debt | $2.3B |
| Market Cap | $0B |
Peers used for multiples: CSX, DAL, EXPD, NSC, ODFL, RXO, UNP, UPS
Blended Fair Value
$6.52
Deviation
+50.0%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | $1.79 | 25% | |
| Peer P/E | n/a | 0% | median 27.6× · 7 peers |
| Peer EV/EBITDA | $14.67 | 14% | median 15.8× · 8 peers |
| Peer P/B | n/a | 0% | median 5.9× · 8 peers |
| Peer P/S | $25.23 | 9% | median 4.0× · 8 peers |
| Market Anchor (SMA50) | $3.18 | 51% | stability 82% (BB-width) |
| Options Expected (B-L 30d) | n/a | 0% |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- RAILROADS, LINE-HAUL OPERATING (4011) · industry map
- Exchange
- XNAS
- Market Cap
- $0.3B
- Employees
- 1,110
- List Date
- 2022-07-20
- CIK
- 0001899883
- Next Earnings
- 2026-11-05 (After-Close)
- Headquarters
- New York, NY
- Homepage
- https://www.fipinc.com
FTAI Infrastructure Inc is engaged in five segments; Railroad segment, which includes eight freight railroads and one switching company that provide rail service to certain manufacturing and production facilities; the Jefferson Terminal segment, which consists of a multi-modal crude oil and refined products terminal and other related assets; The Repauno segment, which consists of a deep-water port located along the Delaware River with an underground storage cavern, a multipurpose dock, a rail-to-ship transloading system, and multiple industrial development opportunities; Power and Gas 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
| Month | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|
| Jan | -- | 11.82% | 11.52% | -3.57% | 19.26% | 9.76% |
| Feb | -- | -4.86% | 4.57% | -13.35% | 0.09% | -3.39% |
| Mar | -- | -5.36% | 24.60% | -15.17% | -22.20% | -4.53% |
| Apr | -- | 4.38% | 12.95% | -3.36% | 23.15% | 9.28% |
| May | -- | 5.52% | 20.42% | 42.09% | -22.03% | 11.50% |
| Jun | -- | 7.58% | 11.07% | 5.65% | 1.53% | 6.46% |
| Jul | -- | -1.39% | 18.64% | 1.13% | -17.57% | 0.20% |
| Aug | 1.85% | -0.57% | -0.90% | -24.17% | 1.46% | -4.47% |
| Sep | -15.49% | -6.67% | 5.76% | -2.90% | -18.34% | -7.53% |
| Oct | 7.84% | 0.66% | -9.22% | 16.85% | -7.31%* | 1.76% |
| Nov | 1.42% | 18.59% | 4.85% | -24.51% | -- | 0.09% |
| Dec | 0.00% | 5.42% | -17.03% | 8.22% | -- | -0.85% |
| Total | -5.86% | 37.38% | 115.56% | -26.91% | -42.69% | 15.50% |
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: $2.64
SMA 50: $3.18
SMA 200: $4.60
Current: $2.41
EMA 12: $2.50
EMA 26: $2.73
MACD: -0.2285 | Signal: 0.0018
BEARISH
ADX (14): 37.79
TREND
+DI: 14.44
−DI: 26.38
Momentum Oscillators
RSI (14): 37.83
NEUTRAL
Stoch %K: 17.45
Stoch %D: 19.51
Williams %R: -72.73
Volume & Volatility
BB Upper: $3.10
BB Lower: $2.18
NEUTRAL
OBV: -72,645,139
Vol SMA 20: 1,438,799
Vol ROC: 36.06%
ATR: $0.19
True Range: $0.13
HV 20: 74.1%
HV 30: 75.3%
HV 60: 77.4%
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 - FIP
Executive Summary
BULLISH (Confidence Level: 6/10)
Key drivers:
- Recent positive news headlines, including partnership announcements and dividend declarations
- Technical indicators suggesting a range-bound market with potential for upside breakout
Primary risks:
- High volatility, indicating increased risk of sharp price movements
- Bearish MACD signal, which may lead to further declines if not reversed
Investment thesis: FIP has the potential to break out from its current range and move higher in the coming weeks. The stock's high volatility and bearish MACD signal are notable risks, but the recent positive news headlines and neutral RSI reading suggest that a rebound is possible.
Recent news sentiment impact: The recent news headlines have been generally neutral, with no significant events driving the price action. However, the partnership announcements and dividend declarations may have contributed to the stock's relative stability and potential for further gains.
Technical Analysis
Trend Direction:
- Short-term: Range-bound (1-4 weeks)
- Medium-term: Uptrend (1-3 months)
- Long-term: Downtrend (3-12 months)
Support/Resistance Levels:
- Upper Bollinger Band: $4.80 (resistance)
- Middle Bollinger Band: $4.08 (support)
- Lower Bollinger Band: $3.37 (support)
Momentum Signals:
- RSI: 47.92 (neutral) - not oversold or overbought
- MACD signal: Bearish (-0.01 / Signal: 0.04 / Histogram: -0.05)
- Bollinger Bands position: Neutral
Volume Analysis: The volume indicators suggest a lack of institutional interest, with the On-Balance Volume (OBV) and Volume Rate of Change both indicating bearish sentiment.
News & Sentiment Analysis
Recent Headlines Summary:
- 3 positive news headlines (partnership announcements, dividend declarations)
- 2 neutral news headlines (routine announcements)
Sentiment Assessment: Neutral sentiment overall, with no significant events driving the price action.
Catalyst Identification:
- Upcoming earnings conference call for Q4 2025
- Potential product launches or regulatory changes
Market Narrative: The recent news headlines have been generally positive, but the lack of institutional interest and bearish MACD signal suggest that a rebound may be necessary to confirm an uptrend.
Risk & Volatility Assessment
Risk:
- High beta (2.13) - stock moves more than market
- Beta interpretation: High risk relative to market
Volatility Regime: The stock is experiencing high volatility, with the True Range and Historical Volatility both indicating increased risk of sharp price movements.
Options Market Signals:
- IV rank: 13.9% (Low)
- Current IV: 118.6%
- Options market pricing $0.65 move by expiration
Downside Protection: Support levels include the Middle Bollinger Band ($4.08) and Lower Bollinger Band ($3.37).
Market Context & Positioning
Sector Performance:
- Relative strength vs sector/market: Weakness in recent weeks
Institutional Activity:
- Lack of institutional interest, as indicated by volume indicators
Correlation Analysis: The stock's correlation with the market (R-squared) is 0.38, indicating a moderate relationship.
Relative Valuation: The stock's price-to-earnings ratio is relatively high compared to its peers and the broader market.
Key Levels & Action Items
Critical Price Levels:
- Upper Bollinger Band: $4.80 (resistance)
- Middle Bollinger Band: $4.08 (support)
Breakout/Breakdown Levels:
- $4.60 (breakout level) - a move above this price could indicate a trend reversal
Time-Sensitive Catalysts:
- Upcoming earnings conference call for Q4 2025
Risk Management: Stop-loss levels and position sizing considerations will depend on individual risk tolerance and market conditions.
Please note that this analysis is based on the provided data and should not be taken as personalized investment advice. It's essential to consider your own risk tolerance, financial goals, and market conditions before making any investment decisions.
Generated
News
All FIP news →
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Page 1 of 4
Earnings History
13 of 14 under expected move
Avg Expected Move
14.89%
Avg Actual Move
5.51%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2023-05-02 | After-Close | 17.75% | 7.51% | 0.42x | Within |
| 2023-07-25 | After-Close | 12.43% | 0.29% | 0.02x | Within |
| 2023-10-26 | After-Close | 11.11% | 2.54% | 0.23x | Within |
| 2024-02-29 | After-Close | 11.57% | 10.04% | 0.87x | Within |
| 2024-05-07 | After-Close | 11.99% | 2.32% | 0.19x | Within |
| 2024-08-02 | After-Close | 7.12% | 5.09% | 0.71x | Within |
| 2024-10-30 | After-Close | 8.20% | 5.50% | 0.67x | Within |
| 2025-02-28 | After-Close | 15.41% | 8.56% | 0.56x | Within |
| 2025-05-08 | Pre-Market | 15.38% | 2.42% | 0.16x | Within |
| 2025-08-07 | Pre-Market | 10.46% | 12.97% | 1.24x | Exceeded |
| 2025-10-30 | After-Close | 29.35% | 4.50% | 0.15x | Within |
| 2026-02-26 | After-Close | 17.08% | 9.86% | 0.58x | Within |
| 2026-05-07 | After-Close | 12.67% | 5.26% | 0.42x | Within |
| 2026-08-05 | Pre-Market | 27.94% | 0.29% | 0.01x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
FIP Options Activity & IV Rank
FIP IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 111.0%
7-DTE IV: —
Expected Move: $3.17
7-DTE Move: $3.17
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 153
Put Volume: 2
P/C Volume: 0.013
BULLISH
Call OI: 190
Put OI: 4
P/C OI: 0.021
Total OI: 194
ATM Options Pricing
ATM Call: $0.68
ATM Put: $2.50
Call %: 28.0%
Put %: 103.7%
Chain Summary
Chain Volume: 2,782
Chain OI: 19,967
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 21st 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
21%
vs own history
GEX tilt
-0.87
OI-weighted, today
Vanna tilt
-0.81
δ-sensitivity to IV
Charm tilt
+0.98
δ-decay vs time
Vanna tilt -0.81: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt +0.98: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? 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 179.0% / 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)67.1MediumOct 21
Straddle Price (30 DTE)$3.17Oct 21
Beta Analysis
Risk Metrics
Beta: 2.0822
Alpha: -97.87%
Correlation: 0.3788
R-Squared: 14.3%
Stock Volatility: 69.8%
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 FIP
2 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $4.4M | #2209 of 6285 | +57.2% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $64K | #3235 of 4729 | -13.1% | 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
FIP Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 114,518,348 (as of 2026-06-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
6 filers$1.07M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $547.06K | 51.33% | 2026-06-30 |
| 2 | IMC-Chicago, LLC Custodian | $268.19K | 25.17% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $110.43K | 10.36% | 2026-06-30 |
| 4 | Wolverine Trading, LLC Custodian | $107.04K | 10.04% | 2025-09-30 |
| 5 | Simplex Trading, LLC Custodian | $30.62K | 2.87% | 2026-06-30 |
| 6 | GROUP ONE TRADING LLC Custodian | $2.32K | 0.22% | 2026-06-30 |
9 filers$2.18M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $489.52K | 22.44% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $484.88K | 22.23% | 2026-06-30 |
| 3 | Caption Management, LLC | $464.00K | 21.27% | 2026-06-30 |
| 4 | Simplex Trading, LLC Custodian | $177.25K | 8.13% | 2026-06-30 |
| 5 | IMC-Chicago, LLC Custodian | $173.07K | 7.93% | 2026-06-30 |
| 6 | Wolverine Trading, LLC Custodian | $145.40K | 6.67% | 2025-09-30 |
| 7 | Crawford Fund Management, LLC | $139.20K | 6.38% | 2026-06-30 |
| 8 | Jane Street Group, LLC Custodian | $104.40K | 4.79% | 2026-06-30 |
| 9 | GROUP ONE TRADING LLC Custodian | $3.71K | 0.17% | 2026-06-30 |
FIP Insider Trading (Form 4)
Latest: 2026-10-02Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-10-02 | Labor Impact Fund, L.P. | Director | Other (J) | — | — | EDGAR | |
| 2026-07-02 | GCM Investments GP, LLC | Director | Other (J) | — | — | EDGAR | |
| 2026-06-29 | Judith A Hannaway | Director | Award (A) | +2,020 | — | EDGAR | |
| 2026-06-29 | Ray M Robinson | Director | Award (A) | +15,152 | — | EDGAR | |
| 2026-06-29 | James L. Hamilton | Director | Award (A) | +1,010 | — | EDGAR | |
| 2026-05-28 | Carl Russell Fletcher IV | CFO and CAO | Buy (P) | +10,000 | $4.58 | $45.8K | EDGAR |
| 2026-04-02 | GCM Grosvenor Holdings, LLC | Director | Other (J) | — | — | EDGAR | |
| 2026-01-09 | James L. Hamilton | Director | Award (A) | +984 | — | EDGAR | |
| 2026-01-05 | GCM Grosvenor Holdings, LLC | Director | Other (J) | — | — | EDGAR | |
| 2025-10-02 | GCM Grosvenor Holdings, LLC | Director | Other (J) | — | — | EDGAR | |
| 2025-08-21 | Kenneth J. Nicholson | CEO and President | Exer (M) | +1,086,957 | $2.49 | $2.71M | EDGAR |
| 2025-08-21 | Carl Russell Fletcher IV | CFO and CAO | Buy (P) | +10,000 | $4.48 | $44.8K | EDGAR |
| 2025-07-02 | GCM Investments GP, LLC | Director | Other (J) | — | — | EDGAR | |
| 2025-06-26 | James L. Hamilton | Director | Award (A) | +820 | — | EDGAR | |
| 2025-05-28 | Joseph P. Adams Jr. | Director | Mixed | +325,562 | $3.55 | -$2 | 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.
FIP Insider Holdings
6 insiders · @ $2.41
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 | Kenneth J. Nicholson | CEO and President | 2,175,539 | $5.24M | $3.49M | 9 | 2025-08-21 |
| 2 | Joseph P. Adams Jr. | Director | 943,044 | $2.27M | $137.5K | 8 | 2025-05-28 |
| 3 | Ray M Robinson | Director | 111,991 | $269.9K | $0 | 8 | 2026-06-29 |
| 4 | Carl Russell Fletcher IV | CFO and CAO | 40,000 | $96.4K | $197.2K | 3 | 2026-05-28 |
| 5 | Judith A Hannaway | Director | 14,047 | $33.9K | $0 | 7 | 2026-06-29 |
| 6 | James L. Hamilton | Director | 9,410 | $22.7K | $5.3K | 9 | 2026-06-29 |
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.
FIP Board & Officers
As of SEC filings through Oct 2, 2026Directors 12
- Joseph P. Adams Jr. · since Jul 15, 2022
- Judith A Hannaway · since Jul 19, 2022
- James L. Hamilton · since Aug 1, 2022
- Ray M Robinson · since Aug 1, 2022
- GCM Grosvenor Holdings, LLC (entity) · since Feb 26, 2025
- GCM Grosvenor Inc. (entity) · since Feb 26, 2025
- GCM Investments GP, LLC (entity) · since Feb 26, 2025
- Gcm V, LLC (entity) · since Feb 26, 2025
- Grosvenor Capital Management Holdings, LLLP (entity) · since Feb 26, 2025
- Labor Impact Fund, L.P. (entity) · since Feb 26, 2025
- Lif Aiv 1, L.p. (entity) · since Feb 26, 2025
- Michael Jay Sacks · since Feb 26, 2025
Officers 2
- Kenneth J. Nicholson · CEO and President · since Jul 15, 2022
- Carl Russell Fletcher IV · CFO and CAO · listed since Aug 2025
10% owners 8
- GCM Grosvenor Holdings, LLC (entity) · since Feb 26, 2025
- GCM Grosvenor Inc. (entity) · since Feb 26, 2025
- GCM Investments GP, LLC (entity) · since Feb 26, 2025
- Gcm V, LLC (entity) · since Feb 26, 2025
- Grosvenor Capital Management Holdings, LLLP (entity) · since Feb 26, 2025
- Labor Impact Fund, L.P. (entity) · since Feb 26, 2025
- Lif Aiv 1, L.p. (entity) · since Feb 26, 2025
- Michael Jay Sacks · since Feb 26, 2025
Changes in the last 10 years (48)
| Aug 21, 2025 | Carl Russell Fletcher IV listed as CFO and CAO (previously Chief Financial Officer) in SEC filings |
| Mar 27, 2025 | Carl Russell Fletcher IV became Chief Financial Officer |
| Feb 26, 2025 | Michael Jay Sacks became a director |
| Feb 26, 2025 | Michael Jay Sacks became a 10% owner |
| Feb 26, 2025 | Matthew Rinklin became a director |
| Feb 26, 2025 | Lif Aiv 1, L.p. became a director |
| Feb 26, 2025 | Lif Aiv 1, L.p. became a 10% owner |
| Feb 26, 2025 | Labor Impact Fund, L.P. became a director |
| Feb 26, 2025 | Labor Impact Fund, L.P. became a 10% owner |
| Feb 26, 2025 | Grosvenor Capital Management Holdings, LLLP became a director |
| Feb 26, 2025 | Grosvenor Capital Management Holdings, LLLP became a 10% owner |
| Feb 26, 2025 | Gcm V, LLC became a director |
| Feb 26, 2025 | Gcm V, LLC became a 10% owner |
| Feb 26, 2025 | GCM Investments GP, LLC became a director |
| Feb 26, 2025 | GCM Investments GP, LLC became a 10% owner |
| Feb 26, 2025 | GCM Grosvenor Inc. became a director |
| Feb 26, 2025 | GCM Grosvenor Inc. became a 10% owner |
| Feb 26, 2025 | GCM Grosvenor Holdings, LLC became a director |
| Feb 26, 2025 | GCM Grosvenor Holdings, LLC became a 10% owner |
| Aug 13, 2024 | Foundation Holdco LP reported in an SEC filing no longer being a 10% owner |
| Aug 13, 2024 | Fortress Operating Entity I LP reported in an SEC filing no longer being a 10% owner |
| Aug 13, 2024 | Fortress Investment Group LLC reported in an SEC filing no longer being a 10% owner |
| Aug 13, 2024 | Finco I LLC reported in an SEC filing no longer being a 10% owner |
| Aug 13, 2024 | Fig LLC reported in an SEC filing no longer being a 10% owner |
| Aug 13, 2024 | FINCO I Intermediate Holdco LLC reported in an SEC filing no longer being a 10% owner |
| Aug 13, 2024 | FIG Parent, LLC reported in an SEC filing no longer being a 10% owner |
| Aug 13, 2024 | FIG Buyer GP, LLC reported in an SEC filing no longer being a 10% owner |
| Aug 13, 2024 | FIG Blue LLC reported in an SEC filing no longer being a 10% owner |
| May 14, 2024 | Foundation Holdco LP became a 10% owner |
| May 14, 2024 | Finco I LLC became a 10% owner |
| May 14, 2024 | FINCO I Intermediate Holdco LLC became a 10% owner |
| May 14, 2024 | FIG Parent, LLC became a 10% owner |
| May 14, 2024 | FIG Buyer GP, LLC became a 10% owner |
| May 2, 2024 | Fortress Operating Entity I LP became a 10% owner |
| May 2, 2024 | Fortress Investment Group LLC became a 10% owner |
| May 2, 2024 | Fig LLC became a 10% owner |
| May 2, 2024 | FIG Blue LLC became a 10% owner |
| Mar 10, 2023 | Kenneth J. Nicholson no longer listed as a director in SEC filings |
| Nov 3, 2022 | Kenneth J. Nicholson first listed as a director in an SEC filing |
| Aug 1, 2022 | Washington State Investment Board became a 10% owner |
| Aug 1, 2022 | Ray M Robinson became a director |
| Aug 1, 2022 | James L. Hamilton became a director |
| Jul 19, 2022 | Judith A Hannaway became a director |
| Jul 15, 2022 | Scott Christopher became CFO, CAO |
| Jul 15, 2022 | Kenneth J. Nicholson became CEO and President |
| Jul 15, 2022 | Joseph P. Adams Jr. became a director |
| Jul 15, 2022 | Fortress Worldwide Transportation & Infrastructure General Partnership became a 10% owner |
| Jul 15, 2022 | Fortress Transportation & Infrastructure Investors LLC became a 10% owner |
Not reported recently (5)
- Matthew Rinklin · Last reported as a director in an SEC filing dated Feb 28, 2025
- Washington State Investment Board · Last reported as a 10% owner in an SEC filing dated Aug 4, 2022
- Scott Christopher · Last reported as CFO, CAO in an SEC filing dated Aug 3, 2022
- Fortress Worldwide Transportation & Infrastructure General Partnership · Last reported as a 10% owner in an SEC filing dated Jul 15, 2022
- Fortress Transportation & Infrastructure Investors LLC · Last reported as a 10% owner in an SEC filing dated Jul 15, 2022
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
ETF Holders
34 ETFs hold FIP
25 shown · $30.31M 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% | $9.3M | — | 2026-09-30 |
| 2 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.01% | $6.4M | $75.1B | 2026-10-20 |
| 3 | VXF Vanguard Extended Market ETF | Vanguard | 0.00% | $3.4M | — | 2026-09-30 |
| 4 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.01% | $2.5M | — | 2026-05-31 |
| 5 | IWO iShares Russell 2000 Growth ETF | iShares (BlackRock) | 0.02% | $2.4M | $13.6B | 2026-10-20 |
| 6 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.01% | $1.8M | — | 2026-09-30 |
| 7 | IWC iShares Micro-Cap ETF | iShares (BlackRock) | 0.06% | $769,315 | $1.2B | 2026-10-20 |
| 8 | IYT iShares U.S. Transportation ETF | iShares (BlackRock) | 0.04% | $666,684 | $1.9B | 2026-10-20 |
| 9 | XTN State Street® SPDR® S&P® Transportation ETF | SPDR (State Street) | 0.22% | $470,091 | $209.1M | 2026-10-20 |
| 10 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.00% | $453,049 | $97.4B | 2026-10-20 |
| 11 | VIS Vanguard Industrials ETF | Vanguard | 0.00% | $398,679 | — | 2026-09-30 |
| 12 | SCHB Schwab U.S. Broad Market ETF | Nport | 0.00% | $345,788 | — | 2026-05-31 |
| 13 | VTWG Vanguard Russell 2000 Growth ETF | Vanguard | 0.02% | $333,897 | — | 2026-09-30 |
| 14 | AIMS Acuitas Small Cap Active ETF | Nport | 0.26% | $234,705 | — | 2026-06-30 |
| 15 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.00% | $186,807 | — | 2026-10-20 |
| 16 | PRFZ Invesco RAFI US 1500 Small-Mid ETF | Nport | 0.01% | $160,237 | — | 2026-07-31 |
| 17 | RSSL Global X Russell 2000 ETF | Global X | 0.01% | $129,518 | — | 2026-10-21 |
| 18 | FIDU Fidelity MSCI Industrials Index ETF | Fidelity | 0.00% | $87,043 | $2.2B | 2026-10-20 |
| 19 | IWV iShares Russell 3000 ETF | iShares (BlackRock) | 0.00% | $77,766 | $20.6B | 2026-10-20 |
| 20 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.00% | $55,618 | — | 2026-10-20 |
| 21 | ESSC Eventide Small Cap ETF | Nport | 0.15% | $53,772 | — | 2026-07-31 |
| 22 | VTHR Vanguard Russell 3000 ETF | Vanguard | 0.00% | $23,783 | — | 2026-09-30 |
| 23 | WSML iShares MSCI World Small-Cap ETF | iShares (BlackRock) | 0.00% | $18,353 | $661.0M | 2026-10-20 |
| 24 | MSSM Morgan Stanley Pathway Small-Mid Cap Equity ETF | Nport | 0.00% | $16,110 | — | 2026-05-31 |
| 25 | ITWO ProShares Russell 2000 High Income ETF | ProShares | 0.01% | $15,325 | — | 2026-10-21 |
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
$-5.28
TTM Revenue
$659.21M
TTM Net Income
$-605.75M
TTM Op. Cash Flow
$-57.48M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $186.77M | $-166.46M | $-1.41 | $39.04M |
| Q1 '26 | 2026-03-31 | $188.36M | $-154.53M | $-1.32 | $-69.38M |
| Q4 '25 | 2025-12-31 | $143.52M | $-125.48M | $-1.08 | $-2.75M |
| Q3 '25 | 2025-09-30 | $140.56M | $-159.28M | $-1.38 | $-24.38M |
| Q2 '25 | 2025-06-30 | $122.29M | $-83.90M | $-0.73 | $-5.22M |
| Q1 '25 | 2025-03-31 | $96.16M | $108.26M | $0.89 | $-85.65M |
| Q4 '24 | 2024-12-31 | $80.76M | $-133.56M | $-1.21 | $-8.05M |
| Q3 '24 | 2024-09-30 | $83.31M | $-49.97M | $-0.45 | $14.25M |
| Q2 '24 | 2024-06-30 | $84.89M | $-54.35M | $-0.52 | $-17.59M |
| Q1 '24 | 2024-03-31 | $82.53M | $-56.58M | $-0.54 | $-3.88M |
| Q4 '23 | 2023-12-31 | $81.44M | $-48.19M | $-0.47 | $7.73M |
| Q3 '23 | 2023-09-30 | $80.71M | $-56.10M | $-0.55 | $14.72M |
Q2 2026 • period ending 2026-06-30 • filed 2026-08-10
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
—
P/S
0.42
EV/EBITDA
11.17
EV/Sales
3.84
ROE
—
ROA
-10.5%
Div Yield
6.97%
FCF Yield
-20.83%
Debt/Equity
—
Current Ratio
—
Market Cap
$275.99M
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
18.61M
SI % of Float
21.20%
Days to Cover
13.81
Short Vol Ratio
77.1%
Free Float
87.79M
Float %
74.3%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-14