HPP Hudson Pacific Properties, Inc.
XNYS
10.15
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.
HPP
$10.15
—
Key stats
$10.15
- 52-Week Range
- $5.26 – $18.41
- YTD
- -9.65%
- IV Rank (30D)
- 0.0
- Straddle Price
- $1.92
- P/C Vol Ratio
- 6.06
- Market Cap
- $0.5B
- Open
- $9.35
- Day Range
- $9.35 – $10.20
- Volume
- 208,062
- Prev Close
- $9.46
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 | 1.20 |
| Cost of Equity (CAPM) | 11.77% (VRP-adj) |
| WACC | 6.13% |
| Volatility Risk Premium | +108.4pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | -4.3% |
| DCF Horizon | 5 years explicit + fade |
| Free Cash Flow (TTM) | $0.0B |
| Return on Equity (TTM) | -20.3% |
| Book / Price | 646.1% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 86.7% |
| FCF Margin (TTM) | 1.6% |
| Debt / Equity | 1.10 |
| Quality Score | 1/6 — cyclical/struggling (5y DCF) |
| SMA 50 | $12.29 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $11.20 |
| Bollinger Width / SMA20 | 284.5% (drives anchor stability) |
| Net Debt | $3.3B |
| Market Cap | $0B |
Peers used for multiples: BXP, CDP, CUZ, HIW, INVH, KRC, PDM, VNO
Blended Fair Value
$53.61
Deviation
+50.0%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $-59.55 | 0% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | n/a | 0% | median 24.2× · 7 peers |
| Peer EV/EBITDA | $17.90 | 28% | median 12.6× · 8 peers |
| Peer P/B | $73.95 | 36% | median 1.2× · 8 peers |
| Peer P/S | $60.73 | 36% | median 3.8× · 8 peers |
| Market Anchor (SMA50) | $12.29 | 0% | stability 0% (BB-width) |
| Options Expected (B-L 30d) | $8.32 | 0% | 9 strikes · skew +0.12 |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- REAL ESTATE (6500) · industry map
- Exchange
- XNYS
- Market Cap
- $0.5B
- Employees
- 607
- List Date
- 2010-06-24
- CIK
- 0001482512
- Next Earnings
- 2026-11-05 (Pre-Market)
- EPS Forecast
- $0.25 (3 est.)
- Headquarters
- Los Angeles, CA
- Homepage
- https://www.hudsonpacificproperties.com
Hudson Pacific Properties Inc is a vertically integrated real estate investment trust offering end-to-end real estate solutions for dynamic tenants in the synergistic, converging and secular growth industries of tech and media. It acquires, repositions, develops and operates sustainable high-quality office studio properties in high-barrier-to-entry tech and media epicenters. Its primary investment markets include Los Angeles, the San Francisco Bay Area, Seattle, New York and Vancouver, British Columbia. Its segments include Office properties and related operations and Studio properties and rel…
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 | 2.14% | -7.80% | 20.40% | -13.79% | 9.44% | -23.31% | -2.15% |
| Feb | 9.03% | 10.05% | -19.32% | -20.65% | 7.89% | -16.49% | -4.92% |
| Mar | 2.26% | 5.84% | -27.40% | 3.20% | -4.84% | -20.67% | -6.93% |
| Apr | 0.86% | -16.86% | -15.63% | -8.66% | -29.79% | 67.15% | -0.49% |
| May | 4.81% | -12.21% | -13.20% | -13.71% | -14.68% | 28.68% | -3.39% |
| Jun | -6.80% | -24.01% | -7.86% | 0.42% | 46.52% | 24.10% | 5.40% |
| Jul | -2.08% | -1.70% | 29.58% | 27.45% | -10.58% | -14.47% | 4.70% |
| Aug | -2.48% | -11.99% | 21.82% | -11.36% | 16.60% | -13.25% | -0.11% |
| Sep | -2.70% | -15.18% | -5.27% | -4.78% | -1.78% | -9.77% | -6.58% |
| Oct | -4.84% | 0.36% | -28.53% | -7.69% | -10.62% | -10.73%* | -10.34% |
| Nov | -6.10% | 4.14% | 30.73% | -6.33% | -17.84% | -- | 0.92% |
| Dec | 5.37% | -15.10% | 38.75% | -20.05% | -21.86% | -- | -2.58% |
| Total | -1.85% | -61.22% | -7.75% | -58.45% | -42.05% | -18.95% | -31.71% |
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: $11.12
SMA 50: $12.21
SMA 200: $10.86
Current: $10.18
EMA 12: $10.53
EMA 26: $11.19
MACD: -0.6570 | Signal: -0.1507
BEARISH
ADX (14): 31.93
TREND
+DI: 16.45
−DI: 34.16
Momentum Oscillators
RSI (14): 39.87
NEUTRAL
Stoch %K: 24.91
Stoch %D: 15.20
Williams %R: -62.76
Volume & Volatility
BB Upper: $12.94
BB Lower: $9.30
NEUTRAL
OBV: -4,044,845
Vol SMA 20: 786,157
Vol ROC: -80.71%
ATR: $0.69
True Range: $0.83
HV 20: 78.2%
HV 30: 69.2%
HV 60: 66.6%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: BEARISH (confidence level: 7/10)
Key Drivers:
- Negative news sentiment from downgrades and weak earnings outlook
- Bearish MACD signal and RSI reading in neutral zone
- Above-average volatility and high beta
Primary Risks:
- Continued weakness in the REIT sector and broader market
- Potential for further downgrades or negative earnings surprises
Investment Thesis: Hudson Pacific Properties (HPP) is a speculative play with limited upside potential due to its high beta and above-average volatility. The stock's recent decline is likely driven by weak earnings expectations and negative sentiment from the options market.
Recent News Sentiment Impact: The recent news headlines have been predominantly bearish, contributing to the stock's decline. The downgrade from Morgan Stanley weighs heavily on the stock's price action, while the neutral sentiment from other headlines fails to provide a significant catalyst for a turnaround.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): BEARISH
- Medium-term (1-3 months): NEUTRAL
- Long-term (3-12 months): BEARISH
Support/Resistance Levels:
- Lower Bollinger Band: $12.27 (strong support)
- Middle Bollinger Band: $13.78 (resistance zone)
Momentum Signals:
- RSI: 39.10 (neutral)
- MACD signal: -0.43 (bearish)
- Bollinger Bands position: neutral
Volume Analysis:
- Volume SMA 20: 599196.40
- On-Balance Volume (OBV): -1279067.88 (strong bearish signal)
News & Sentiment Analysis
Recent Headlines Summary: The recent headlines have been predominantly bearish, with a focus on downgrades and weak earnings expectations.
Sentiment Assessment: Aggregate news sentiment is NEGATIVE (60% bearish).
Catalyst Identification: Earnings expectations and regulatory changes are key catalysts that could impact the stock's price action.
Market Narrative: The recent news headlines have been contradictory to the technical signals, which suggest a continuation of the downtrend.
Risk & Volatility Assessment
Beta Interpretation: Beta: 1.14 (above average volatility - stock moves with market amplification)
Volatility Regime: Current vs historical volatility levels: HIGH (historical volatility is 53.7%)
Options Market Signals:
- IV Rank: 2.2% (Low)
- Current IV: 120.1%
- Expected Move: $2.25 (42 DTE), 7-DTE: $1.52
Downside Protection: Lower Bollinger Band ($12.27) and strong bearish OBV signal provide support for the stock.
Market Context & Positioning
Sector Performance: Hudson Pacific is underperforming its REIT sector peers.
Institutional Activity: Institutional interest in HPP is waning, as evidenced by the decreasing volume flow.
Correlation Analysis: HPP has a low correlation with the broader market (R-squared = 0.21).
Relative Valuation: Hudson Pacific's stock price is trading below its historical average and relative to its peers.
Key Levels & Action Items
Critical Price Levels:
- Lower Bollinger Band ($12.27)
- Middle Bollinger Band ($13.78)
Breakout/Breakdown Levels:
- Resistance zone (Middle Bollinger Band): $13.78
- Support level (Lower Bollinger Band): $12.27
Time-Sensitive Catalysts: Earnings expectations and regulatory changes are key catalysts that could impact the stock's price action.
Risk Management: Stop-loss levels should be set at or below the Lower Bollinger Band ($12.27), with position sizing considerations based on the options market signals.
Generated
News
All HPP news →
Earnings History
13 of 15 under expected move
Avg Expected Move
28.94%
Avg Actual Move
6.38%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-17 | After-Close | 1.46% | 0.66% | 0.45x | Within |
| 2022-07-26 | After-Close | 0.99% | 2.16% | 2.18x | Exceeded |
| 2023-05-08 | After-Close | 12.41% | 7.54% | 0.61x | Within |
| 2023-08-01 | After-Close | 15.96% | 1.97% | 0.12x | Within |
| 2023-11-01 | After-Close | 16.89% | 7.80% | 0.46x | Within |
| 2024-02-12 | After-Close | 10.06% | 16.54% | 1.64x | Exceeded |
| 2024-05-01 | After-Close | 16.32% | 4.39% | 0.27x | Within |
| 2024-08-07 | After-Close | 13.50% | 12.29% | 0.91x | Within |
| 2024-11-12 | After-Close | 25.95% | 4.21% | 0.16x | Within |
| 2025-05-07 | After-Close | 17.33% | 0.44% | 0.03x | Within |
| 2025-08-05 | After-Close | 14.88% | 6.75% | 0.45x | Within |
| 2025-11-05 | After-Close | 21.78% | 7.88% | 0.36x | Within |
| 2026-02-26 | After-Close | 228.87% | 5.85% | 0.03x | Within |
| 2026-05-07 | After-Close | 21.03% | 6.97% | 0.33x | Within |
| 2026-08-05 | After-Close | 16.70% | 10.22% | 0.61x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
HPP Options Activity & IV Rank
HPP IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 63.5%
7-DTE IV: —
Expected Move: $1.92
7-DTE Move: $1.92
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 107
Put Volume: 648
P/C Volume: 6.056
BEARISH
Call OI: 200
Put OI: 1,101
P/C OI: 5.505
Total OI: 1,301
ATM Options Pricing
ATM Call: $1.02
ATM Put: $0.90
Call %: 10.1%
Put %: 8.9%
Chain Summary
Chain Volume: 2,952
Chain OI: 52,686
Last Updated: 10/22/2026
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
LOW γ vs HISTORY
Estimated net dealer gamma is at the 11th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
11%
vs own history
GEX tilt
-0.91
OI-weighted, today
Vanna tilt
-0.95
δ-sensitivity to IV
Charm tilt
+0.95
δ-decay vs time
Vanna tilt -0.95: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt +0.95: 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
No data
30 DTE / 10d
100%
+23.9
pts
EXTREME
ATM 84.3% / Wing 108.2%
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)0.0LowOct 22
Straddle Price (30 DTE)$1.92Oct 22
Beta Analysis
Risk Metrics
Beta: 1.1982
Alpha: -48.78%
Correlation: 0.2146
R-Squared: 4.6%
Stock Volatility: 71.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Above average volatility - stock moves with market amplification
Above average volatility - stock moves with market amplification
Beta & Alpha Over Time
Notable investors who own HPP
3 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $1.4M | #3320 of 6285 | +315.1% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $393K | #2695 of 3138 | new | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $3K | #4341 of 4729 | -63.2% | 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
HPP Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 50,632,490 (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.
13 filers$47.08M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Paloma Partners Management Co | $21.27M | 45.17% | 2026-06-30 |
| 2 | GRATIA CAPITAL, LLC | $7.59M | 16.13% | 2026-06-30 |
| 3 | IMC-Chicago, LLC Custodian | $4.52M | 9.59% | 2026-06-30 |
| 4 | Caption Management, LLC | $3.05M | 6.47% | 2026-06-30 |
| 5 | GROUP ONE TRADING LLC Custodian | $2.78M | 5.91% | 2026-06-30 |
| 6 | Philosophy Capital Management LLC | $2.21M | 4.69% | 2026-06-30 |
| 7 | Verition Fund Management LLC | $1.52M | 3.23% | 2026-06-30 |
| 8 | Jane Street Group, LLC Custodian | $1.34M | 2.85% | 2026-06-30 |
| 9 | Citadel Advisors LLC Custodian | $1.20M | 2.54% | 2026-06-30 |
| 10 | Susquehanna International Group, LLP Custodian | $906.84K | 1.93% | 2026-06-30 |
| 11 | UBS Group AG Custodian | $407.09K | 0.86% | 2026-06-30 |
| 12 | Simplex Trading, LLC Custodian | $229.37K | 0.49% | 2026-06-30 |
| 13 | Wolverine Trading, LLC Custodian | $60.88K | 0.13% | 2025-09-30 |
8 filers$5.21M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.82M | 35.02% | 2026-06-30 |
| 2 | UBS Group AG Custodian | $1.06M | 20.41% | 2026-06-30 |
| 3 | Crawford Fund Management, LLC | $653.17K | 12.54% | 2026-06-30 |
| 4 | Citadel Advisors LLC Custodian | $566.13K | 10.87% | 2026-06-30 |
| 5 | IMC-Chicago, LLC Custodian | $410.13K | 7.87% | 2026-06-30 |
| 6 | Simplex Trading, LLC Custodian | $388.86K | 7.46% | 2026-06-30 |
| 7 | Wolverine Trading, LLC Custodian | $199.02K | 3.82% | 2025-09-30 |
| 8 | GROUP ONE TRADING LLC Custodian | $104.81K | 2.01% | 2026-06-30 |
HPP Insider Trading (Form 4)
Latest: 2026-08-11Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-08-11 | Jon E Bortz | Director | Buy (P) | +25,000 | $13.40 | $335.0K | EDGAR |
| 2026-06-01 | Ted R Antenucci | Director | Award (A) | +7,462 | — | EDGAR | |
| 2026-06-01 | Barry A Sholem | Director | Award (A) | +7,462 | — | EDGAR | |
| 2026-06-01 | Robert L Harris II | Director | Award (A) | +7,462 | — | EDGAR | |
| 2026-06-01 | T Ritson Ferguson | Director | Award (A) | +7,462 | — | EDGAR | |
| 2026-06-01 | Jon E Bortz | Director | Award (A) | +7,462 | — | EDGAR | |
| 2026-03-30 | T Ritson Ferguson | Director | Buy (P) | +16,000 | $5.97 | $95.5K | EDGAR |
| 2026-02-18 | Christopher James Barton | EVP,Development & Capital Inv | Grant (A) | +9,719 RSU | — | EDGAR | |
| 2026-02-18 | Arthur X. Suazo | EVP, Leasing | Grant (A) | +9,719 RSU | — | EDGAR | |
| 2026-02-18 | Andy Wattula | Chief Operating Officer | Grant (A) | +9,719 RSU | — | EDGAR | |
| 2026-02-18 | Victor J Coleman | Chief Executive Officer | Grant (A) | +77,757 RSU | — | EDGAR | |
| 2026-02-18 | Drew Gordon | Chief Investment Officer | Grant (A) | +9,719 RSU | — | EDGAR | |
| 2026-02-18 | Kay Lee Tidwell | Executive VP, General Counsel | Grant (A) | +9,719 RSU | — | EDGAR | |
| 2026-02-18 | Sanford Dale Shimoda | EVP, Finance | Grant (A) | +7,775 RSU | — | EDGAR | |
| 2026-02-18 | Mark T Lammas | President | Grant (A) | +34,018 RSU | — | 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.
HPP Insider Holdings
21 insiders · @ $10.18
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 | Victor J Coleman | Chief Executive Officer | 120,416 | $1.23M | -$6.84M | 53 | 2026-02-18 |
| 2 | Jonathan M Glaser | Director | 96,171 | $979.0K | $6.92M | 98 | 2025-06-16 |
| 3 | Barry A Sholem | Director | 64,707 | $658.7K | $1.04M | 7 | 2026-06-01 |
| 4 | Ted R Antenucci | Director | 43,870 | $446.6K | $948.6K | 24 | 2026-06-01 |
| 5 | Jon E Bortz | Director | 35,394 | $360.3K | $335.0K | 3 | 2026-08-11 |
| 6 | Robert L Harris II | Director | 32,416 | $330.0K | $481.2K | 19 | 2026-06-01 |
| 7 | T Ritson Ferguson | Director | 26,459 | $269.4K | $95.5K | 3 | 2026-06-01 |
| 8 | Mark David Linehan | Director | 22,018 | $224.1K | -$9.9K | 30 | 2025-05-22 |
| 9 | Mark T Lammas | President | 20,225 | $205.9K | -$4.17M | 40 | 2026-02-18 |
| 10 | Drew Gordon | Chief Investment Officer | 17,647 | $179.6K | $102.9K | 14 | 2026-02-18 |
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.
HPP Board & Officers
As of SEC filings through Aug 11, 2026Directors 7
- Ted R Antenucci · since Jun 23, 2010
- Victor J Coleman · since Jun 23, 2010
- Michael B. Nash · since Apr 1, 2015
- Andrea L Wong · since Aug 16, 2017
- Barry A Sholem · since Mar 13, 2023
- T Ritson Ferguson · since Sep 11, 2025
- Jon E Bortz · since Dec 2, 2025
Officers 9
- Victor J Coleman · Chief Executive Officer · since Jun 23, 2010
- Mark T Lammas · President · listed since Jan 2020
- Harout Krikor Diramerian · Chief Financial Officer · listed since Jan 2020
- Drew Gordon · Chief Investment Officer · since Oct 19, 2022
- Kay Lee Tidwell · Executive VP, General Counsel · listed since Dec 2011
- Sanford Dale Shimoda · EVP, Finance · since Jun 23, 2010
- Arthur X. Suazo · EVP, Leasing · since Jul 7, 2015
- Christopher James Barton · EVP,Development & Capital Inv · listed since Jan 2016
- Steven M. Jaffe · EVP, Business Affairs · listed since Dec 2020
Changes in the last 10 years (62)
| Jun 18, 2026 | The company announced the departure of Andy Wattula as Chief Operating Officer in an SEC filing |
| Dec 2, 2025 | The company announced the departure of Jonathan M Glaser from the board in an SEC filing |
| Dec 2, 2025 | Jon E Bortz became a director |
| Sep 11, 2025 | The company announced the departure of Mark David Linehan from the board in an SEC filing |
| Sep 11, 2025 | T Ritson Ferguson became a director |
| Jun 25, 2025 | The company announced the departure of Erinn Burnough from the board in an SEC filing |
| Jun 25, 2025 | The company announced the departure of Christy Haubegger from the board in an SEC filing |
| Nov 7, 2023 | The company announced the departure of Karen Brodkin from the board in an SEC filing |
| Mar 13, 2023 | The company announced the departure of Robert L Harris II from the board in an SEC filing |
| Mar 13, 2023 | Barry A Sholem became a director |
| Oct 19, 2022 | Drew Gordon became Chief Investment Officer |
| Oct 19, 2022 | Andy Wattula became Chief Operating Officer |
| Mar 17, 2022 | The company announced the departure of Barry Alan Porter from the board in an SEC filing |
| Mar 17, 2022 | Erinn Burnough became a director |
| Jan 1, 2021 | Karen Brodkin became a director |
| Dec 31, 2020 | Steven M. Jaffe listed as EVP, Business Affairs (previously Chief Risk Officer) in SEC filings |
| Jan 10, 2020 | Harout Krikor Diramerian listed as Chief Financial Officer (previously Chief Accounting Officer) in SEC filings |
| Jan 2, 2020 | Mark T Lammas listed as President (previously COO, CFO and Treasurer) in SEC filings |
| Jan 2, 2020 | Alex Vouvalides listed as COO & Chief Investment Officer (previously Chief Investment Officer) in SEC filings |
| Mar 14, 2019 | Christy Haubegger became a director |
| Aug 16, 2017 | Andrea L Wong became a director |
| Jan 12, 2017 | Stephen A Schwarzman reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Nantucket Services, LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Hpp Brep Vi.te.2 Holdco A LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Hpp Brep Vi.te.1 Holdco A LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Hpp Brep Vi Holdco A LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Hpp Brep Vi Av Holdco A LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Hpp Brep V.te.2 Holdco A LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Hpp Brep V.te.1 Holdco A LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Hpp Brep V.f Holdco A LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Hpp Brep V Holdco A LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Hpp Brep (aiv) Vi Holdco A LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Hpp Bre Holdings Vi Holdco A LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Hpp Bre Holdings V Holdco A LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Hpp Bfrep Vi Smd Holdco A LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Brea Vi L.l.c. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Brea V L.l.c. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Partners Vi Te 2 L P reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Partners Vi Te 1 L P reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Partners Vi L P reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Partners VI (AV) L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Partners V.TE.1 L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Partners V.F L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Partners V TE2 LP reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Partners V LP reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Partners (AIV) VI L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Holdings VI L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Holdings V L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Associates VI L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Real Estate Associates V L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Holdings III L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Holdings III GP Management L.L.C. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Holdings III GP L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Holdings II L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Holdings I/II GP Inc reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Group Management L.L.C. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Group L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Family Real Estate Partnership VI - SMD L.P. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackstone Family Gp LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | Blackhawk Services II LLC reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | BREP VI Side-by-Side GP L.L.C. reported in an SEC filing no longer being a 10% owner |
| Jan 12, 2017 | BREP V Side-by-Side GP L.L.C. reported in an SEC filing no longer being a 10% owner |
Not reported recently (16)
- Richard B Fried · Last reported as a director in an SEC filing dated May 25, 2023
- Alex Vouvalides · Last reported as COO & Chief Investment Officer in an SEC filing dated Feb 2, 2021
- Joshua A. Hatfield · Last reported as EVP, Operations in an SEC filing dated Feb 2, 2021
- Robert Matthew Moran Jr. · Last reported as a director in an SEC filing dated Dec 31, 2020
- Hpp Brep Vi Holdco B LLC · Last reported as a 10% owner in an SEC filing dated Nov 30, 2016
- Hpp Bfrep Vi Smd Holdco B LLC · Last reported as a 10% owner in an SEC filing dated Nov 30, 2016
- Hpp Brep Vi.te.2 Holdco B LLC · Last reported as a 10% owner in an SEC filing dated Nov 30, 2016
- Hpp Bre Holdings Vi Holdco B LLC · Last reported as a 10% owner in an SEC filing dated Nov 30, 2016
- Hpp Brep Vi.te.1 Holdco B LLC · Last reported as a 10% owner in an SEC filing dated Nov 30, 2016
- Hpp Brep (aiv) Vi Holdco B LLC · Last reported as a 10% owner in an SEC filing dated Nov 30, 2016
- Hpp Brep Vi Av Holdco B LLC · Last reported as a 10% owner in an SEC filing dated Nov 30, 2016
- Hpp Bre Holdings V Holdco B LLC · Last reported as a 10% owner in an SEC filing dated Nov 30, 2016
- Hpp Brep V.f Holdco B LLC · Last reported as a 10% owner in an SEC filing dated Nov 30, 2016
- Hpp Brep V.te.1 Holdco B LLC · Last reported as a 10% owner in an SEC filing dated Nov 30, 2016
- Hpp Brep V.te.2 Holdco B LLC · Last reported as a 10% owner in an SEC filing dated Nov 30, 2016
- Hpp Brep V Holdco B LLC · Last reported as a 10% owner in an SEC filing dated Nov 30, 2016
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.
HPP Proposed Insider Sales (Form 144)
Latest: 2024-09-27
? 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 |
|---|---|---|---|---|---|---|---|---|
| 2024-09-27 | Andrew Wattula | Officer | 9,356 | $49.4K | 2024-09-20 | UBS Financial Services Inc | — | EDGAR |
| 2024-05-22 | COLEMAN FMLY TRUST | Officer | 100,000 | $517.6K | 2024-05-22 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2024-05-14 | COLEMAN FAMILY TRUST | Officer | 127,918 | $732.1K | 2024-05-14 | Morgan Stanley Smith Barney LLC … | — | EDGAR |
| 2024-02-16 | Gordon Drew | Officer | 10,000 | $71.1K | 2024-02-16 | Fidelity Brokerage Services LLC | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
42 ETFs hold HPP
25 shown · $118.03M total exposure · 0.02% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VNQ Vanguard Real Estate ETF | Vanguard | 0.03% | $23.1M | — | 2026-09-30 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $19.7M | — | 2026-09-30 |
| 3 | PFF iShares Preferred and Income Securities ETF | iShares (BlackRock) | 0.11% | $13.5M | $11.9B | 2026-10-20 |
| 4 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.02% | $13.2M | $75.1B | 2026-10-20 |
| 5 | VXF Vanguard Extended Market ETF | Vanguard | 0.01% | $7.1M | — | 2026-09-30 |
| 6 | FNDA Schwab Fundamental U.S. Small Company ETF | Nport | 0.08% | $7.0M | — | 2026-05-31 |
| 7 | IWN iShares Russell 2000 Value ETF | iShares (BlackRock) | 0.04% | $4.8M | $13.7B | 2026-10-20 |
| 8 | SCHH Schwab U.S. REIT ETF | Nport | 0.05% | $4.6M | — | 2026-05-31 |
| 9 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.02% | $3.6M | — | 2026-09-30 |
| 10 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.01% | $3.1M | — | 2026-05-31 |
| 11 | PHB Invesco Fundamental High Yield Corporate Bond ETF | Invesco | 0.79% | $2.2M | — | 2026-04-30 |
| 12 | DFAR Dimensional US Real Estate ETF | Dimensional | 0.02% | $2.0M | — | 2026-10-20 |
| 13 | IFLN Invesco Bloomberg Enhanced Fallen Angels ETF | Invesco | 0.68% | $1.9M | — | 2026-10-20 |
| 14 | USRT iShares Core U.S. REIT ETF | iShares (BlackRock) | 0.04% | $1.9M | $4.2B | 2026-10-20 |
| 15 | NXTE AXS Green Alpha ETF | Nport | 2.26% | $1.3M | — | 2026-06-30 |
| 16 | CSRE Cohen & Steers Real Estate Active ETF | Nport | 0.29% | $1.3M | — | 2026-06-30 |
| 17 | BSJT Invesco BulletShares 2029 High Yield Corporate Bond ETF | Invesco | 0.21% | $1.2M | — | 2026-10-20 |
| 18 | ISMD Inspire Small/Mid Cap ETF | Nport | 0.34% | $1.1M | — | 2026-05-31 |
| 19 | BLDG Cambria Global Real Estate ETF | Nport | 2.00% | $1.0M | — | 2026-04-30 |
| 20 | RWR State Street® SPDR® Dow Jones® REIT ETF | SPDR (State Street) | 0.05% | $922,278 | $1.8B | 2026-10-20 |
| 21 | DFGR Dimensional Global Real Estate ETF | Dimensional | 0.02% | $878,644 | $3.8B | 2026-10-20 |
| 22 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.00% | $731,325 | $97.4B | 2026-10-20 |
| 23 | SMLF iShares U.S. Small-Cap Equity Factor ETF | iShares (BlackRock) | 0.02% | $699,472 | $4.2B | 2026-10-20 |
| 24 | PRF Invesco RAFI US 1000 ETF | Invesco | 0.01% | $687,376 | — | 2026-10-20 |
| 25 | VTWV Vanguard Russell 2000 Value ETF | Vanguard | 0.04% | $571,218 | — | 2026-09-30 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
—
TTM Diluted EPS
$-10.83
TTM Revenue
$814.50M
TTM Net Income
$-550.67M
TTM Op. Cash Flow
$134.73M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $181.85M | $-53.13M | $-0.82 | $44.29M |
| Q4 '25 | 2025-12-31 | $256.03M | $-277.92M | $-5.04 | $59.30M |
| Q3 '25 | 2025-09-30 | $186.62M | $-136.47M | $-2.10 | $33.18M |
| Q2 '25 | 2025-06-30 | $190.00M | $-83.15M | $-2.87 | $-2.04M |
| Q1 '25 | 2025-03-31 | $198.46M | $-74.71M | $-3.70 | $30.54M |
| Q4 '24 | 2024-12-31 | $209.67M | $-167.00M | $-8.25 | $162.00K |
| Q3 '24 | 2024-09-30 | $200.39M | $-97.92M | $-4.83 | $63.74M |
| Q2 '24 | 2024-06-30 | $218.00M | $-47.03M | $-2.31 | $35.62M |
| Q1 '24 | 2024-03-31 | $214.02M | $-53.35M | $-2.59 | $65.13M |
| Q4 '23 | 2023-12-31 | $223.42M | $-97.99M | $-4.83 | $9.22M |
| Q3 '23 | 2023-09-30 | $231.44M | $-37.60M | $-1.89 | $71.36M |
| Q2 '23 | 2023-06-30 | $245.17M | $-36.16M | $-1.82 | $59.17M |
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
0.17
P/S
0.63
EV/EBITDA
11.45
EV/Sales
4.66
ROE
-17.8%
ROA
-7.6%
Div Yield
4.07%
FCF Yield
26.10%
Debt/Equity
1.10
Current Ratio
—
Market Cap
$516.20M
as of 2026-10-22
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
6.79M
SI % of Float
12.87%
Days to Cover
10.81
Short Vol Ratio
67.1%
Free Float
52.73M
Float %
97.2%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-07