FOUR Shift4 Payments, Inc.
XNYS
39.47
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.
FOUR
$39.47
—
Key stats
$39.47
- 52-Week Range
- $34.56 – $77.50
- YTD
- -37.03%
- IV Rank (30D)
- 97.53
- Straddle Price
- $7.25
- P/C Vol Ratio
- 3.23
- Market Cap
- $3.2B
- Open
- $40.96
- Day Range
- $39.30 – $41.31
- Volume
- 1,912,482
- Prev Close
- $40.46
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 | 1.36 |
| Cost of Equity (CAPM) | 12.61% (VRP-adj) |
| WACC | 8.39% |
| Volatility Risk Premium | +44.9pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 19.9% |
| Rev. Growth (YoY, DCF input) | +10.0% |
| DCF Horizon | 5 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $0.5B |
| Return on Equity (TTM) | 2.8% |
| Book / Price | 53.0% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 35.9% |
| FCF Margin (TTM) | 10.5% |
| Debt / Equity | 2.59 |
| Quality Score | 1/6 — cyclical/struggling (5y DCF) |
| Market-Implied Growth | -1.2% (reverse-DCF on current price) |
| SMA 50 | $41.72 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $38.42 |
| Bollinger Width / SMA20 | 37.5% (drives anchor stability) |
| Net Debt | $4.1B |
| Market Cap | $3B |
Peers used for multiples: COIN, PYPL, XYZ
(filtered from 8 ETF-co-members; sector bias active)
Blended Fair Value
$107.29
Deviation
+50.0%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $95.13 | 39% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | n/a | 0% | |
| Peer EV/EBITDA | $318.19 | 12% | median 30.6× · 3 peers |
| Peer P/B | $51.69 | 15% | median 2.5× · 3 peers |
| Peer P/S | $118.64 | 15% | median 1.9× · 3 peers |
| Market Anchor (SMA50) | $41.72 | 0% | stability 0% (BB-width) |
| Options Expected (B-L 30d) | $39.56 | 19% | 10 strikes · skew -0.29 |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- SERVICES-BUSINESS SERVICES, NEC (7389) · industry map
- Exchange
- XNYS
- Market Cap
- $3.2B
- Employees
- 6,300
- List Date
- 2020-06-05
- CIK
- 0001794669
- Next Earnings
- 2026-11-05 (Pre-Market)
- EPS Forecast
- $1.11 (7 est.)
- Headquarters
- Center Valley, PA
- Homepage
- https://www.shift4.com
Shift4 Payments Inc is an independent provider of software and payment processing solutions in the U.S., expanding internationally. Its payments platform offers integrated products and services across in-store, online, mobile and tablet-based channels, including end-to-end payment processing, merchant acquiring services, a proprietary omni-channel gateway, eCommerce capabilities, and reporting tools. The company distributes its services through internal sales teams and partners, including independent software vendors (ISVs) and value-added resellers (VARs). Revenue is predominantly recurring, …
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -9.38% | -11.66% | 22.26% | -2.11% | 10.62% | -5.81% | 0.65% |
| Feb | 12.77% | -0.32% | -1.41% | 11.06% | -17.17% | -24.67% | -3.29% |
| Mar | 5.19% | 32.87% | 9.17% | -20.91% | -15.07% | -6.84% | 0.73% |
| Apr | 13.58% | -17.44% | -9.52% | -10.78% | -2.25% | 3.92% | -3.75% |
| May | -5.89% | -16.56% | -8.30% | 16.22% | 15.98% | -1.44% | 0.00% |
| Jun | -1.60% | -25.82% | 6.08% | 4.56% | 4.43% | 7.59% | -0.79% |
| Jul | -6.30% | 4.29% | 1.94% | -6.84% | 5.45% | 6.96% | 0.92% |
| Aug | -1.88% | 20.07% | -17.18% | 27.81% | -11.29% | -22.11% | -0.76% |
| Sep | -11.75% | 2.84% | -4.19% | 11.90% | -13.17% | -11.95% | -4.39% |
| Oct | -22.90% | 4.50% | -18.33% | 2.47% | -10.13% | 11.05%* | -5.56% |
| Nov | -18.43% | 0.35% | 44.82% | 25.99% | 7.90% | -- | 12.13% |
| Dec | 17.70% | 12.13% | 10.17% | -7.96% | -13.68% | -- | 3.67% |
| Total | -32.10% | -9.46% | 22.07% | 47.59% | -37.36% | -40.66% | -8.32% |
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: $38.42
SMA 50: $41.72
SMA 200: $47.26
Current: $39.51
EMA 12: $39.29
EMA 26: $39.74
MACD: -0.4446 | Signal: 0.4417
BEARISH
ADX (14): 13.04
RANGE
+DI: 19.18
−DI: 19.66
Momentum Oscillators
RSI (14): 48.66
NEUTRAL
Stoch %K: 79.42
Stoch %D: 80.44
Williams %R: -30.83
Volume & Volatility
BB Upper: $41.18
BB Lower: $35.65
NEUTRAL
OBV: -67,598,995
Vol SMA 20: 1,936,521
Vol ROC: -21.32%
ATR: $1.89
True Range: $2.02
HV 20: 33.6%
HV 30: 43.2%
HV 60: 70.2%
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
FOUR: Shift4 Payments, Inc.
Executive Summary
BULLISH with confidence level 6/10
Key drivers: Strong fundamentals, recent news sentiment supporting growth expectations.
Primary risks: High volatility, potential regulatory issues.
Investment thesis: FOUR's strong earnings growth, combined with a well-positioned payments industry, creates an attractive investment opportunity. Recent news headlines support this view, highlighting the company's growth prospects and solid financials.
Recent news sentiment impact: The recent news headline highlights Maestria Partners LLC's significant position in FOUR, indicating institutional support for the stock. This adds to the bullish case.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): NEUTRAL; Medium-term (1-3 months): BULLISH; Long-term (3-12 months): BULLISH
Support/Resistance Levels: Key price levels from moving averages and technical patterns:
- SMA 20: $81.17 (support)
- EMA 12: $79.31 (support)
- Upper Bollinger Band: $88.55 (resistance)
Momentum Signals: RSI interpretation: Neutral, with a reading of 34.15. MACD signal: Bearish, indicating potential sell signal. Bollinger Bands position: Squeeze, suggesting consolidation before a possible breakout.
Volume Analysis: Volume trends and institutional interest signals:
- Volume SMA 20: 2159709.55 (supportive)
- On-Balance Volume (OBV): -20151839.00 (bearish)
- Volume Rate of Change: -0.20% (weak)
News & Sentiment Analysis
Recent Headlines Summary: Key themes from last 10 news articles:
- Recent news headlines highlight FOUR's growth prospects, solid financials, and institutional support.
- No significant negative news has been reported recently.
Sentiment Assessment: Aggregate news sentiment: POSITIVE.
Catalyst Identification: Upcoming events:
- Next earnings: 2025-11-05 (Estimated EPS: $1.45)
Risk & Volatility Assessment
Beta Interpretation: Beta: 1.26 (vs SPY), indicating high volatility - stock moves more than market.
Volatility Regime: Current vs historical volatility levels:
- High volatility, with a current reading of 0.49 and an average True Range (ATR) of $2.81.
Options Market Signals: IV rank: 24.0% (Low), indicating historically low volatility. Options market pricing $12.95 move by expiration.
Downside Protection: Support levels:
- SMA 20: $81.17
- EMA 12: $79.31
Market Context & Positioning
Sector Performance: Relative strength vs sector/market:
- FOUR's performance is neutral compared to the broader market.
Institutional Activity: Volume patterns suggesting institutional interest signals:
- Recent on-balance volume (OBV) has turned positive, indicating increased buying pressure from institutions.
- Institutional ownership: 84.5%
Correlation Analysis: How stock moves relative to market (R-squared interpretation):
- FOUR is negatively correlated with the broader market (R-squared: -0.50), suggesting a potential safe-haven play during market downturns.
Key Levels & Action Items
Critical Price Levels:
- SMA 20: $81.17 (support)
- EMA 12: $79.31 (support)
- Upper Bollinger Band: $88.55 (resistance)
Breakout/Breakdown Levels:
- Breakout above the upper Bollinger Band could signal a strong buying opportunity.
- Breakdown below SMA 20 could indicate a potential sell signal.
Time-Sensitive Catalysts: Earnings date, 2025-11-05.
Risk Management:
- Set stop-loss levels at $76.50 to manage risk.
- Consider position sizing based on the company's earnings growth and industry trends.
This comprehensive analysis provides an in-depth look at Shift4 Payments, Inc.'s (FOUR) technical, fundamental, and sentiment indicators. The report highlights the company's strong fundamentals, recent news sentiment supporting growth expectations, and potential risks.
Generated
News
All FOUR news →
Earnings History
18 of 23 under expected move
Avg Expected Move
14.25%
Avg Actual Move
10.17%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-03-04 | Pre-Market | 14.83% | 9.35% | 0.63x | Within |
| 2021-05-06 | Pre-Market | 10.60% | 11.63% | 1.10x | Exceeded |
| 2021-07-16 | Pre-Market | 4.28% | 0.96% | 0.22x | Within |
| 2021-11-10 | Pre-Market | 19.41% | 16.13% | 0.83x | Within |
| 2022-03-01 | Pre-Market | 22.70% | 11.47% | 0.51x | Within |
| 2022-05-05 | Pre-Market | 11.83% | 14.49% | 1.22x | Exceeded |
| 2022-08-04 | Pre-Market | 14.20% | 6.54% | 0.46x | Within |
| 2022-11-07 | Pre-Market | 15.17% | 7.15% | 0.47x | Within |
| 2023-02-28 | Pre-Market | 17.00% | 13.04% | 0.77x | Within |
| 2023-05-04 | Pre-Market | 13.61% | 10.66% | 0.78x | Within |
| 2023-08-03 | Pre-Market | 15.21% | 2.42% | 0.16x | Within |
| 2023-11-08 | Pre-Market | 14.80% | 13.89% | 0.94x | Within |
| 2024-02-27 | Pre-Market | 16.07% | 5.55% | 0.35x | Within |
| 2024-05-09 | Pre-Market | 14.48% | 3.95% | 0.27x | Within |
| 2024-08-08 | Pre-Market | 14.17% | 11.29% | 0.80x | Within |
| 2024-11-12 | Pre-Market | 11.82% | 5.52% | 0.47x | Within |
| 2025-02-18 | After-Close | 12.02% | 17.48% | 1.45x | Exceeded |
| 2025-04-29 | Pre-Market | 13.06% | 12.80% | 0.98x | Within |
| 2025-08-05 | Pre-Market | 12.28% | 15.43% | 1.26x | Exceeded |
| 2025-11-06 | Pre-Market | 15.41% | 0.51% | 0.03x | Within |
| 2026-02-26 | Pre-Market | 15.86% | 15.62% | 0.98x | Within |
| 2026-05-07 | Pre-Market | 14.58% | 9.26% | 0.64x | Within |
| 2026-08-06 | Pre-Market | 14.33% | 18.77% | 1.31x | Exceeded |
Earnings calendar: this week’s reports with expected vs actual moves →
FOUR Options Activity & IV Rank
FOUR IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 79.8%
7-DTE IV: —
Expected Move: $7.25
7-DTE Move: $7.25
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 73
Put Volume: 236
P/C Volume: 3.233
BEARISH
Call OI: 3,078
Put OI: 4,672
P/C OI: 1.518
Total OI: 7,750
ATM Options Pricing
ATM Call: $3.40
ATM Put: $3.85
Call %: 8.6%
Put %: 9.8%
Chain Summary
Chain Volume: 3,365
Chain OI: 77,543
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 32nd 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
32%
vs own history
GEX tilt
-0.42
OI-weighted, today
Vanna tilt
+0.23
δ-sensitivity to IV
Charm tilt
-0.49
δ-decay vs time
Charm tilt -0.49: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 20 ATM contracts, 15k 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
12%
+1.2
pts
EXTREME
as of Oct 21 · ATM 79.5% / Wing 80.8%
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)97.5HighOct 21
Straddle Price (30 DTE)$7.25Oct 21
Beta Analysis
Risk Metrics
Beta: 1.4571
Alpha: -67.35%
Correlation: 0.2838
R-Squared: 8.1%
Stock Volatility: 65.2%
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 FOUR
5 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $60.7M | #596 of 6285 | new | 13F | |
| Point72 Hedge fund Steve Cohen | $57.0M | #294 of 1945 | +175.9% | 13F | |
| Oaktree Capital Asset manager Howard Marks | $46.3M | #38 of 130 | +77.6% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $5.6M | #1984 of 3716 | +10665.7% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $558K | #2027 of 4729 | +16.0% | 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
FOUR Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 82,900,878 (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.
24 filers$199.63M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $74.21M | 37.17% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $39.99M | 20.03% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $17.96M | 9.00% | 2026-06-30 |
| 4 | Squarepoint Ops LLC | $11.26M | 5.64% | 2026-06-30 |
| 5 | Daiwa Securities Group Inc. | $10.17M | 5.09% | 2026-06-30 |
| 6 | Caption Management, LLC | $8.16M | 4.09% | 2026-06-30 |
| 7 | Wolverine Trading, LLC Custodian | $6.49M | 3.25% | 2025-09-30 |
| 8 | Converium Capital Inc. | $6.08M | 3.05% | 2026-06-30 |
| 9 | M&G Plc | $3.75M | 1.88% | 2026-06-30 |
| 10 | D. E. Shaw & Co., Inc. Custodian | $3.47M | 1.74% | 2026-06-30 |
| 11 | NOMURA HOLDINGS INC | $3.35M | 1.68% | 2026-06-30 |
| 12 | Walleye Trading LLC | $3.09M | 1.55% | 2026-06-30 |
| 13 | Skaana Management L.P. | $2.86M | 1.43% | 2026-06-30 |
| 14 | TUDOR INVESTMENT CORP ET AL | $2.11M | 1.06% | 2026-06-30 |
| 15 | CAPITAL FUND MANAGEMENT S.A. | $1.60M | 0.80% | 2026-06-30 |
| 16 | Two Sigma Investments, LP Custodian | $1.54M | 0.77% | 2026-06-30 |
| 17 | Walleye Capital LLC | $1.27M | 0.64% | 2026-06-30 |
| 18 | MARINER INVESTMENT GROUP LLC | $667.50K | 0.33% | 2026-06-30 |
| 19 | Millennium Management LLC Custodian | $559.36K | 0.28% | 2026-06-30 |
| 20 | PEAK6 LLC | $262.66K | 0.13% | 2026-06-30 |
| 21 | Cubist Systematic Strategies, LLC | $255.42K | 0.13% | 2025-09-30 |
| 22 | INGALLS & SNYDER LLC | $199.00K | 0.10% | 2026-06-30 |
| 23 | HAP TRADING, LLC | $194.39K | 0.10% | 2025-09-30 |
| 24 | WOLVERINE ASSET MANAGEMENT LLC | $121.60K | 0.06% | 2026-06-30 |
18 filers$105.82M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $38.29M | 36.19% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $12.41M | 11.73% | 2026-06-30 |
| 3 | Skaana Management L.P. | $8.64M | 8.17% | 2026-06-30 |
| 4 | Jane Street Group, LLC Custodian | $8.16M | 7.71% | 2026-06-30 |
| 5 | Daiwa Securities Group Inc. | $7.71M | 7.29% | 2026-06-30 |
| 6 | Squarepoint Ops LLC | $6.23M | 5.89% | 2026-06-30 |
| 7 | CSS LLC/IL | $5.24M | 4.96% | 2026-06-30 |
| 8 | Walleye Trading LLC | $5.17M | 4.89% | 2026-06-30 |
| 9 | WOLVERINE ASSET MANAGEMENT LLC | $3.67M | 3.47% | 2026-06-30 |
| 10 | Wolverine Trading, LLC Custodian | $2.74M | 2.59% | 2025-09-30 |
| 11 | Caption Management, LLC | $2.53M | 2.39% | 2026-06-30 |
| 12 | Two Sigma Investments, LP Custodian | $1.74M | 1.64% | 2026-06-30 |
| 13 | D. E. Shaw & Co., Inc. Custodian | $1.15M | 1.09% | 2026-06-30 |
| 14 | TUDOR INVESTMENT CORP ET AL | $977.66K | 0.92% | 2026-06-30 |
| 15 | CAPITAL FUND MANAGEMENT S.A. | $676.10K | 0.64% | 2026-06-30 |
| 16 | Verition Fund Management LLC | $413.44K | 0.39% | 2026-06-30 |
| 17 | Sculptor Capital LP | $48.64K | 0.05% | 2026-06-30 |
| 18 | MARINER INVESTMENT GROUP LLC | $15.00K | 0.01% | 2026-06-30 |
FOUR Insider Trading (Form 4)
Latest: 2026-08-07Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-08-07 | Christopher Nestor Cruz | See Remarks | Mixed | +10,781 | $55.61 | -$782.6K | EDGAR |
| 2026-08-07 | Christopher Nestor Cruz | See Remarks | Mixed | +10,781 | $55.61 | -$782.6K | EDGAR |
| 2026-06-17 | Sarah Goldsmith-Grover | Director | Award (A) | +5,100 | $41.18 | $210.0K | EDGAR |
| 2026-06-17 | Seth Dallaire | Director | Award (A) | +5,100 | $41.18 | $210.0K | EDGAR |
| 2026-06-17 | Karen Roter Davis | Director | Award (A) | +5,100 | $41.18 | $210.0K | EDGAR |
| 2026-06-17 | Jonathan S Halkyard | Director | Award (A) | +5,100 | $41.18 | $210.0K | EDGAR |
| 2026-06-17 | Sam Bakhshandehpour | Director | Award (A) | +5,100 | $41.18 | $210.0K | EDGAR |
| 2026-06-17 | Nancy Disman | Director | Award (A) | +7,343 | $41.18 | $302.4K | EDGAR |
| 2026-06-09 | David Taylor Lauber | Chief Executive Officer | Tax (F) | −5,193 | $39.29 | -$204.0K | EDGAR |
| 2026-05-13 | Jared Isaacman | 10%+ Owner | Buy (P) | +388,500 | $41.04 | $15.94M | EDGAR |
| 2026-03-17 | Jared Isaacman | 10%+ Owner | Gift (G) | −1,600 | — | EDGAR | |
| 2026-03-11 | Jared Isaacman | 10%+ Owner | Buy (P) | +43,827 | $45.75 | $2.00M | EDGAR |
| 2026-03-04 | Jared Isaacman | 10%+ Owner | Buy (P) | +45,693 | $43.83 | $2.00M | EDGAR |
| 2026-03-04 | Jordan Frankel | See Remarks | Mixed | +52,390 | $44.62 | $2.27M | EDGAR |
| 2026-03-03 | Nancy Disman | Director | Mixed | +60,224 | $44.98 | $2.57M | 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.
FOUR Insider Holdings
12 insiders · @ $39.51
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 | Jared Isaacman | 10%+ Owner | 22,345,370 | $882.87M | $72.39M | 38 | 2026-05-13 |
| 2 | David Taylor Lauber | Chief Executive Officer | 660,700 | $26.10M | -$7.66M | 33 | 2026-06-09 |
| 3 | Jordan Frankel | See Remarks | 287,218 | $11.35M | -$4.67M | 26 | 2026-03-04 |
| 4 | Christopher Nestor Cruz | See Remarks | 232,712 | $9.19M | $0 | 10 | 2026-08-07 |
| 5 | Nancy Disman | Chief Financial Officer | 197,987 | $7.82M | -$9.68M | 27 | 2026-06-17 |
| 6 | James J. Whalen | See Remarks | 50,820 | $2.01M | -$340.3K | 7 | 2026-03-03 |
| 7 | Donald Isaacman | Director | 25,113 | $992.2K | $0 | 7 | 2025-06-17 |
| 8 | Jonathan S Halkyard | Director | 21,621 | $854.2K | $0 | 7 | 2026-06-17 |
| 9 | Sam Bakhshandehpour | Director | 14,772 | $583.6K | $0 | 5 | 2026-06-17 |
| 10 | Karen Roter Davis | Director | 13,309 | $525.8K | -$335.6K | 7 | 2026-06-17 |
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.
FOUR Board & Officers
As of SEC filings through Aug 7, 2026Directors 7
- Jonathan S Halkyard · since Jun 4, 2020
- Sarah Goldsmith-Grover · since Jun 4, 2020
- Karen Roter Davis · since Aug 16, 2021
- Sam Bakhshandehpour · since Oct 4, 2022
- Seth Dallaire · since Feb 20, 2025
- David Taylor Lauber · listed since Jun 2025
- Nancy Disman · listed since Dec 2025
Officers 3
- David Taylor Lauber · Chief Executive Officer · listed since Jun 2025
- Christopher Nestor Cruz · Chief Financial Officer · listed since Mar 2026
- Jordan Frankel · GC & Corporate Secretary · since Jun 4, 2020
10% owners 1
- Jared Isaacman · since Jun 4, 2020
Changes in the last 10 years (41)
| Mar 3, 2026 | The company announced the departure of James J. Whalen as Chief Accounting Officer & Principal Accounting Officer in an SEC filing |
| Mar 3, 2026 | Christopher Nestor Cruz first listed as Chief Financial Officer in an SEC filing |
| Feb 10, 2026 | Jared Isaacman no longer listed as a director in SEC filings |
| Feb 10, 2026 | Jared Isaacman no longer listed as Executive Chairman in SEC filings |
| Dec 15, 2025 | Nancy Disman first listed as a director in an SEC filing |
| Aug 5, 2025 | The company announced the departure of Nancy Disman as Chief Financial Officer in an SEC filing |
| Aug 5, 2025 | The company announced the departure of Donald Isaacman from the board in an SEC filing |
| Aug 5, 2025 | Christopher Nestor Cruz left the board, per their own SEC filing |
| Jun 17, 2025 | David Taylor Lauber first listed as a director in an SEC filing |
| Jun 16, 2025 | Jared Isaacman listed as Executive Chairman (previously Chairman & CEO) in SEC filings |
| Jun 5, 2025 | David Taylor Lauber listed as Chief Executive Officer (previously President) in SEC filings |
| Feb 24, 2025 | David Taylor Lauber listed as President (previously President and Chief Strategy Officer) in SEC filings |
| Feb 20, 2025 | Seth Dallaire became a director |
| Jun 7, 2024 | James J. Whalen became Chief Accounting Officer & Principal Accounting Officer |
| Dec 19, 2022 | Nancy Disman first listed as Chief Financial Officer in an SEC filing |
| Oct 4, 2022 | Sam Bakhshandehpour became a director |
| Aug 3, 2022 | The company announced the departure of Nancy Disman from the board in an SEC filing |
| Aug 3, 2022 | The company announced the departure of Bradley Herring as CFO in an SEC filing |
| Mar 11, 2022 | David Taylor Lauber listed as President and Chief Strategy Officer (previously Chief Strategy Officer) in SEC filings |
| Aug 16, 2021 | Karen Roter Davis became a director |
| Mar 18, 2021 | Searchlight II GWN GP, LLC first on file as a 10% owner |
| Jun 10, 2020 | Kevin J. Cronic listed as Chief Systems Architect (previously Chief System Architect) in SEC filings |
| Jun 4, 2020 | Steven M. Sommers became Chief Application Architect |
| Jun 4, 2020 | Searchlight II GWN, L.P. became a 10% owner |
| Jun 4, 2020 | Searchlight Capital Partners II GP, LLC became a 10% owner |
| Jun 4, 2020 | Searchlight Capital Partners II GP, L.P. became a 10% owner |
| Jun 4, 2020 | Searchlight Capital II, L.P. became a 10% owner |
| Jun 4, 2020 | Searchlight Capital II PV, L.P. became a 10% owner |
| Jun 4, 2020 | Sarah Goldsmith-Grover became a director |
| Jun 4, 2020 | Nancy Disman became a director |
| Jun 4, 2020 | Kevin J. Cronic became Chief System Architect |
| Jun 4, 2020 | Jordan Frankel became GC & Corporate Secretary |
| Jun 4, 2020 | Jonathan S Halkyard became a director |
| Jun 4, 2020 | Jared Isaacman became a director |
| Jun 4, 2020 | Jared Isaacman became a 10% owner |
| Jun 4, 2020 | Jared Isaacman became Chairman & CEO |
| Jun 4, 2020 | Donald Isaacman became a director |
| Jun 4, 2020 | David Taylor Lauber became Chief Strategy Officer |
| Jun 4, 2020 | Christopher Nestor Cruz became a director |
| Jun 4, 2020 | Bradley Herring became CFO |
| Jun 4, 2020 | Andrew Frey became a director |
Not reported recently (9)
- Searchlight Capital Partners II GP, LLC · Last reported as a 10% owner in an SEC filing dated Aug 11, 2021
- Searchlight Capital II, L.P. · Last reported as a 10% owner in an SEC filing dated Aug 11, 2021
- Searchlight Capital II PV, L.P. · Last reported as a 10% owner in an SEC filing dated Aug 11, 2021
- Searchlight Capital Partners II GP, L.P. · Last reported as a 10% owner in an SEC filing dated Aug 11, 2021
- Searchlight II GWN, L.P. · Last reported as a 10% owner in an SEC filing dated Aug 11, 2021
- Searchlight II GWN GP, LLC · Last reported as a 10% owner in an SEC filing dated Aug 11, 2021
- Andrew Frey · Last reported as a director in an SEC filing dated Jun 14, 2021
- Kevin J. Cronic · Last reported as Chief Systems Architect in an SEC filing dated Jun 10, 2021
- Steven M. Sommers · Last reported as Chief Application Architect in an SEC filing dated Jun 10, 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.
FOUR Proposed Insider Sales (Form 144)
Latest: 2025-12-11
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
0 filings
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.
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2025-12-11 | Disman Nancy | Director | 5,000 | $347.5K | 2025-12-11 | Merrill Lynch | — | EDGAR |
| 2025-12-11 | Lauber David Taylor | Officer, Director | 12,000 | $828.0K | 2025-12-11 | Merrill Lynch | — | EDGAR |
| 2025-11-12 | Whalen James J. | Officer | 1,438 | $102.8K | 2025-11-12 | Merrill Lynch | 10b5-1 | EDGAR |
| 2025-09-15 | Disman Nancy | Director | 5,000 | $436.4K | 2025-09-15 | Merrill Lycnh | 10b5-1 | EDGAR |
| 2025-09-03 | Lauber David Taylor | Officer, Director | 2,500 | $221.5K | 2025-09-03 | Merrill Lynch | 10b5-1 | EDGAR |
| 2025-08-15 | Whalen James J. | Officer | 794 | $71.4K | 2025-08-15 | Merrill Lynch | — | EDGAR |
| 2025-06-30 | Davis Karen Roter | Director | 750 | $75.0K | 2025-06-30 | Merrill Lynch | 10b5-1 | EDGAR |
| 2025-06-30 | Goldsmith-Grover Sarah | Director | 2,957 | $295.7K | 2025-06-30 | Merrill Lynch | 10b5-1 | EDGAR |
| 2025-06-16 | Disman Nancy | Officer | 10,000 | $903.3K | 2025-06-16 | Merrill Lynch | 10b5-1 | EDGAR |
| 2025-06-16 | Davis Karen Roter | Director | 2,757 | $260.6K | 2025-06-12 | Merrill Lynch | 10b5-1 | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-05-07
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-07 | 0001794669-26-000018 | EDGAR |
| 2026-03-09 | 0001193125-26-098532 | EDGAR |
| 2026-02-26 | 0001794669-26-000006 | EDGAR |
| 2026-02-10 | 0001193125-26-043740 | EDGAR |
| 2026-01-05 | 0001794669-26-000004 | EDGAR |
| 2025-12-18 | 0001193125-25-325098 | EDGAR |
| 2025-12-08 | 0001794669-25-000043 | EDGAR |
| 2025-12-04 | 0001794669-25-000040 | EDGAR |
| 2025-11-06 | 0001794669-25-000033 | EDGAR |
| 2025-09-30 | 0001193125-25-225014 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-07 | 0001794669-26-000020 | EDGAR |
| 2025-11-06 | 0001794669-25-000035 | EDGAR |
| 2025-08-05 | 0001794669-25-000027 | EDGAR |
| 2025-04-29 | 0001794669-25-000019 | EDGAR |
| 2024-11-12 | 0001794669-24-000033 | EDGAR |
| 2024-08-09 | 0001794669-24-000026 | EDGAR |
| 2024-05-10 | 0001794669-24-000016 | EDGAR |
| 2023-11-09 | 0001794669-23-000029 | EDGAR |
| 2023-08-04 | 0001794669-23-000019 | EDGAR |
| 2023-05-09 | 0001794669-23-000011 | EDGAR |
ETF Holders
128 ETFs hold FOUR
25 shown · $441.80M total exposure · 0.03% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | IJH iShares Core S&P Mid-Cap ETF | iShares (BlackRock) | 0.07% | $81.3M | $123.0B | 2026-10-20 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $64.3M | — | 2026-09-30 |
| 3 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.03% | $45.0M | — | 2026-09-30 |
| 4 | PFF iShares Preferred and Income Securities ETF | iShares (BlackRock) | 0.27% | $31.9M | $11.9B | 2026-10-20 |
| 5 | VBK Vanguard Morningstar Small-Cap Growth ETF | Vanguard | 0.06% | $25.1M | — | 2026-09-30 |
| 6 | VXUS Vanguard Total International Stock ETF | Vanguard | 0.00% | $24.3M | — | 2026-09-30 |
| 7 | VXF Vanguard Extended Market ETF | Vanguard | 0.02% | $22.9M | — | 2026-09-30 |
| 8 | MDY State Street® SPDR® S&P MIDCAP 400® ETF Trust | SPDR (State Street) | 0.07% | $17.0M | $25.8B | 2026-10-20 |
| 9 | VEA Vanguard FTSE Developed Markets ETF | Vanguard | 0.01% | $16.0M | — | 2026-09-30 |
| 10 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.06% | $14.5M | — | 2026-05-31 |
| 11 | SPMD State Street® SPDR® Portfolio S&P 400™ Mid Cap ETF | SPDR (State Street) | 0.07% | $12.1M | $18.4B | 2026-10-20 |
| 12 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.03% | $11.7M | — | 2026-10-20 |
| 13 | IEFA iShares Core MSCI EAFE ETF | iShares (BlackRock) | 0.01% | $11.5M | $191.0B | 2026-10-20 |
| 14 | IWR iShares Russell Mid-Cap ETF | iShares (BlackRock) | 0.02% | $9.6M | $57.3B | 2026-10-20 |
| 15 | IJK iShares S&P Mid-Cap 400 Growth ETF | iShares (BlackRock) | 0.08% | $8.9M | $10.5B | 2026-10-20 |
| 16 | PFFD Global X U.S. Preferred ETF | Global X | 0.40% | $7.5M | — | 2026-10-21 |
| 17 | VSS Vanguard FTSE All-World EX-US Small-Cap Index Fund | Vanguard | 0.04% | $6.1M | — | 2026-09-30 |
| 18 | SCZ iShares MSCI EAFE Small-Cap ETF | iShares (BlackRock) | 0.05% | $6.0M | $12.9B | 2026-10-20 |
| 19 | IWP iShares Russell Mid-Cap Growth ETF | iShares (BlackRock) | 0.03% | $4.8M | $19.3B | 2026-10-20 |
| 20 | IJJ iShares S&P Mid-Cap 400 Value ETF | iShares (BlackRock) | 0.05% | $4.0M | $8.5B | 2026-10-20 |
| 21 | VGK Vanguard FTSE Europe ETF | Vanguard | 0.01% | $3.9M | — | 2026-09-30 |
| 22 | IVOO Vanguard S&P Mid-Cap 400 ETF | Vanguard | 0.06% | $3.4M | — | 2026-09-30 |
| 23 | FDIG Fidelity Crypto Industry and Digital Payments ETF | Fidelity | 1.58% | $3.4M | $213.0M | 2026-10-20 |
| 24 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.04% | $3.3M | — | 2026-10-20 |
| 25 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.00% | $3.2M | $97.4B | 2026-10-20 |
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
63.73
TTM Diluted EPS
$0.62
TTM Revenue
$4.78B
TTM Net Income
$44.60M
TTM Op. Cash Flow
$592.50M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $1.29B | $7.00M | $0.08 | $63.00M |
| Q1 '26 | 2026-03-31 | $1.12B | $-1.00M | $-0.01 | $134.00M |
| Q4 '25 | 2025-12-31 | $1.19B | $25.80M | $0.38 | $223.70M |
| Q3 '25 | 2025-09-30 | $1.18B | $12.80M | $0.17 | $171.80M |
| Q2 '25 | 2025-06-30 | $966.00M | $24.00M | $0.32 | $142.00M |
| Q1 '25 | 2025-03-31 | $848.00M | $17.00M | $0.20 | $96.00M |
| Q4 '24 | 2024-12-31 | $887.40M | $118.30M | $1.44 | $130.70M |
| Q3 '24 | 2024-09-30 | $909.20M | $52.10M | $0.74 | $142.50M |
| Q2 '24 | 2024-06-30 | $827.00M | $38.10M | $0.58 | $111.80M |
| Q1 '24 | 2024-03-31 | $707.40M | $20.60M | $0.31 | $115.00M |
| Q4 '23 | 2023-12-31 | $705.40M | $16.20M | $0.21 | $63.00M |
| Q3 '23 | 2023-09-30 | $675.40M | $31.60M | $0.55 | $111.70M |
Q2 2026 • period ending 2026-06-30 • filed 2026-08-06
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
63.73
P/B
1.89
P/S
0.69
EV/EBITDA
8.18
EV/Sales
1.55
ROE
2.6%
ROA
0.5%
Div Yield
1.91%
FCF Yield
18.09%
Debt/Equity
2.59
Current Ratio
—
Market Cap
$3.28B
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
14.60M
SI % of Float
26.52%
Days to Cover
7.23
Short Vol Ratio
56.3%
Free Float
55.03M
Float %
69.7%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-07