LAND Gladstone Land Corporation
XNAS
8.85
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.
LAND
$8.85
—
Key stats
$8.85
- 52-Week Range
- $7.92 – $13.00
- YTD
- -3.12%
- IV Rank (30D)
- 28.44
- Straddle Price
- $1.45
- P/C Vol Ratio
- 1.07
- Market Cap
- $0.4B
- Open
- $8.58
- Day Range
- $8.58 – $8.91
- Volume
- 184,308
- Prev Close
- $8.58
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.15% |
| Beta vs SPY | 0.97 |
| Cost of Equity (CAPM) | 9.99% (VRP-adj) |
| WACC | 7.28% |
| Volatility Risk Premium | +98.9pp (IV − HV30) |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | -10.0% |
| DCF Horizon | 10 years explicit + fade |
| Free Cash Flow (TTM) | $0.0B |
| Return on Equity (TTM) | -4.3% |
| Book / Price | 199.3% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 89.6% |
| FCF Margin (TTM) | 27.9% |
| Debt / Equity | 0.72 |
| Quality Score | 2/6 — normal (10y DCF) |
| Market-Implied Growth | +9.2% (reverse-DCF on current price) |
| SMA 50 | $9.24 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $9.40 |
| Bollinger Width / SMA20 | 130.6% (drives anchor stability) |
| Net Debt | $0.5B |
| Market Cap | $0B |
Peers used for multiples: CHCT, HIW, LXP, PSTL, SILA, VICI, XRN
(filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
59%
20-Day Fair Value
≈ by Nov 20, 2026
$8.88
α +0.3%
rank 42%
conviction
21%
40-Day Fair Value
≈ by Dec 21, 2026
$9.01
α +1.8%
rank 60%
conviction
57%
60-Day Fair Value
≈ by Jan 19, 2027
$9.01
α +1.7%
rank 57%
conviction
59%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $-5.67 | 0% | |
| DDM (Gordon) | $3.15 | 25% | |
| Peer P/E | n/a | 0% | median 20.1× · 7 peers |
| Peer EV/EBITDA | $7.69 | 9% | median 12.7× · 7 peers |
| Peer P/B | $21.72 | 12% | median 1.3× · 7 peers |
| Peer P/S | $14.00 | 12% | median 6.2× · 7 peers |
| Market Anchor (SMA50) | $9.24 | 42% | stability 68% (BB-width) |
| Options Expected (B-L 30d) | $8.55 | 0% | 8 strikes · skew +0.11 |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- REAL ESTATE INVESTMENT TRUSTS (6798) · industry map
- Exchange
- XNAS
- Market Cap
- $0.4B
- List Date
- 2013-01-29
- CIK
- 0001495240
- Next Earnings
- 2026-11-04 (Pre-Market)
- EPS Forecast
- $0.11 (1 est.)
- Headquarters
- Mclean, VA
- Homepage
- https://www.gladstonefarms.com
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment: Real Estate Rental Operations. It is focused on the ownership of farms and farm-related properties that are leased on a triple-net basis to tenants with a good operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce or annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, …
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 | 10.15% | -9.37% | 5.56% | -2.14% | 0.93% | 22.12% | 4.54% |
| Feb | 9.35% | -1.61% | -9.93% | -8.83% | 6.70% | 13.91% | 1.60% |
| Mar | -1.19% | 22.54% | -5.24% | 1.60% | -7.23% | -16.12% | -0.94% |
| Apr | 13.09% | -5.06% | -2.01% | -3.13% | -4.34% | -6.53% | -1.33% |
| May | 10.99% | -25.34% | -1.00% | 5.80% | 0.36% | -3.07% | -2.04% |
| Jun | 1.09% | -16.03% | 2.39% | 1.78% | 3.04% | -7.18% | -2.48% |
| Jul | -3.16% | 21.30% | 1.70% | 10.00% | -11.03% | -6.51% | 2.05% |
| Aug | 1.82% | -11.98% | -5.81% | -6.54% | 0.99% | 13.90% | -1.27% |
| Sep | -4.17% | -24.20% | -10.22% | 2.96% | 2.46% | -1.05% | -5.70% |
| Oct | -3.06% | 12.12% | -2.08% | -5.51% | -2.89% | -7.18%* | -1.43% |
| Nov | 24.27% | 2.24% | 4.21% | -8.46% | 1.64% | -- | 4.78% |
| Dec | 16.09% | -10.00% | -1.77% | -8.59% | -0.54% | -- | -0.96% |
| Total | 99.56% | -45.70% | -22.85% | -20.87% | -10.68% | -4.03% | -0.76% |
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: $9.37
SMA 50: $9.25
SMA 200: $9.69
Current: $8.86
EMA 12: $9.15
EMA 26: $9.27
MACD: -0.1240 | Signal: -0.1139
BEARISH
ADX (14): 28.07
TREND
+DI: 10.13
−DI: 30.32
Momentum Oscillators
RSI (14): 38.51
NEUTRAL
Stoch %K: 13.55
Stoch %D: 10.25
Williams %R: -75.68
Volume & Volatility
BB Upper: $9.99
BB Lower: $8.75
NEUTRAL
OBV: -11,627,860
Vol SMA 20: 542,615
Vol ROC: -69.82%
ATR: $0.27
True Range: $0.33
HV 20: 28.0%
HV 30: 25.9%
HV 60: 26.3%
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: NEUTRAL with confidence level (6/10)
Key Drivers:
- Technical indicators suggest a potentially overbought condition, as RSI is above 70 and MACD remains bullish.
- Volatility has been relatively low, with beta at 0.41, indicating less risk compared to the market.
Primary Risks:
- Overbought conditions may lead to a correction or consolidation.
- Low volatility might not provide enough catalysts for significant price movements.
Investment Thesis:
Land (LAND) is experiencing an overbought condition, which may result in a pullback or consolidation. While the technical indicators suggest a potential reversal, the low volatility and neutral sentiment from recent news headlines reduce the risk of a sharp decline.
Recent News Sentiment Impact:
The recent news headlines are generally neutral, with no significant events or market-moving information affecting the stock price. This lack of catalysts contributes to the overall neutrality of our assessment.
Technical Analysis
Trend Direction: Short-term (1-4 weeks) is bearish due to the overbought condition; Medium-term (1-3 months) and Long-term (3-12 months) are neutral.
Support/Resistance Levels:
- Upper Bollinger Band: $9.34
- Middle Bollinger Band: $8.57
- Lower Bollinger Band: $7.81
Momentum Signals: RSI interpretation: Overbought (>70), indicating potential for a pullback or consolidation. MACD signal: Bullish, suggesting continued upward momentum. Bollinger Bands position: Overbought, indicating a potential reversal.
Volume Analysis:
- Volume SMA 20: 744520.51
- On-Balance Volume (OBV): -11711167.45
- Volume Rate of Change: 98.17%
News & Sentiment Analysis
Recent Headlines Summary: Neutral news headlines with no significant market-moving information.
Sentiment Assessment: Neutral sentiment from recent news headlines, which does not contradict the technical signals.
Catalyst Identification: None notable in the recent news headlines.
Market Narrative: The neutral news sentiment aligns with the overall neutrality of our assessment.
Risk & Volatility Assessment
Risk Metrics: Beta: 0.41 (low risk relative to market) Alpha: 0.03 Correlation: 0.19 Stock Volatility: 0.28
Options Market Signals:
- IV Rank: 45.9% (Medium - shows if volatility is historically high/low)
- Current IV: 109.0%
- Expected Move: $0.45 (17 DTE), 7-DTE: $0.45
- Volume Flow: 43 calls vs 8 puts
- Open Interest: 183 calls vs 62 puts
- Put/Call Volume Ratio: 0.19 (Bullish sentiment)
- Put/Call OI Ratio: 0.34
Downside Protection:
Support levels to monitor:
- Lower Bollinger Band: $7.81
- Previous support: $8.56 (SMA 50)
Market Context & Positioning
Sector Performance: Neutral, with the sector performing in line with the broader market.
Institutional Activity: Low institutional interest and volume patterns suggest no significant buying or selling pressure.
Correlation Analysis: The stock moves relatively less than the market (R-squared interpretation).
Relative Valuation: Positioned within a trading range, with no clear upside or downside momentum.
Key Levels & Action Items
Critical Price Levels:
- Lower Bollinger Band: $7.81
- Previous support: $8.56 (SMA 50)
Breakout/Breakdown Levels:
- Upper Bollinger Band: $9.34 (potential breakout)
- Middle Bollinger Band: $8.57 (potential consolidation)
Time-Sensitive Catalysts:
None notable in the recent news headlines.
Risk Management:
Stop-loss levels to consider:
- Lower Bollinger Band: $7.81
- Previous support: $8.56 (SMA 50)
Position sizing considerations:
- Conservative approach with reduced position size due to the overbought condition.
Please let me know if you need any further assistance or have any questions regarding this analysis!
Generated
News
All LAND news →
Earnings History
20 of 20 under expected move
Avg Expected Move
8.74%
Avg Actual Move
1.20%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-02-24 | Pre-Market | 7.30% | 3.93% | 0.54x | Within |
| 2021-05-12 | Pre-Market | 6.00% | 0.18% | 0.03x | Within |
| 2021-08-10 | Pre-Market | 5.66% | 1.51% | 0.27x | Within |
| 2021-11-09 | Pre-Market | 4.86% | 1.05% | 0.22x | Within |
| 2022-05-10 | Pre-Market | 3.68% | 1.43% | 0.39x | Within |
| 2022-08-09 | Pre-Market | 19.79% | 1.93% | 0.10x | Within |
| 2022-11-08 | Pre-Market | 7.11% | 0.45% | 0.06x | Within |
| 2023-05-08 | Pre-Market | 8.51% | 0.57% | 0.07x | Within |
| 2023-08-07 | Pre-Market | 6.19% | 1.44% | 0.23x | Within |
| 2023-11-07 | Pre-Market | 5.59% | 0.14% | 0.03x | Within |
| 2024-05-07 | Pre-Market | 8.86% | 0.54% | 0.06x | Within |
| 2024-08-08 | Pre-Market | 10.31% | 1.09% | 0.11x | Within |
| 2024-11-06 | Pre-Market | 9.38% | 0.52% | 0.06x | Within |
| 2025-02-19 | Pre-Market | 7.27% | 1.45% | 0.20x | Within |
| 2025-05-12 | Pre-Market | 5.98% | 0.31% | 0.05x | Within |
| 2025-08-07 | Pre-Market | 12.07% | 0.33% | 0.03x | Within |
| 2025-11-05 | Pre-Market | 16.47% | 1.43% | 0.09x | Within |
| 2026-02-24 | Pre-Market | 13.93% | 1.77% | 0.13x | Within |
| 2026-05-11 | Pre-Market | 7.19% | 2.98% | 0.41x | Within |
| 2026-08-11 | Pre-Market | 8.61% | 0.98% | 0.11x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
LAND Options Activity & IV Rank
LAND IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 51.6%
7-DTE IV: —
Expected Move: $1.45
7-DTE Move: $1.45
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 42
Put Volume: 45
P/C Volume: 1.071
NEUTRAL
Call OI: 2,864
Put OI: 1,293
P/C OI: 0.451
Total OI: 4,157
ATM Options Pricing
ATM Call: $0.07
ATM Put: $1.38
Call %: 0.8%
Put %: 15.5%
Chain Summary
Chain Volume: 391
Chain OI: 8,588
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
TYPICAL γ
Estimated net dealer gamma is at the 64th 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
64%
vs own history
GEX tilt
+0.61
OI-weighted, today
Vanna tilt
+0.69
δ-sensitivity to IV
Charm tilt
-0.56
δ-decay vs time
Vanna tilt +0.69: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.56: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 5 ATM contracts, 4k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
No data
30 DTE / 10d
—
—
pts
EXTREME
ATM 49.5% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)28.4MediumOct 22
Straddle Price (30 DTE)$1.45Oct 22
Beta Analysis
Risk Metrics
Beta: 0.3974
Alpha: -3.89%
Correlation: 0.1797
R-Squared: 3.2%
Stock Volatility: 28.2%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own LAND
4 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Renaissance Technologies Hedge fund Jim Simons | $3.1M | #1715 of 3138 | -27.5% | 13F | |
| Point72 Hedge fund Steve Cohen | $157K | #1802 of 1945 | new | 13F | |
| Citadel Hedge fund Ken Griffin | $92K | #5824 of 6285 | -10.2% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $49K | #3378 of 4729 | 0.0% | 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
LAND Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 39,356,267 (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.
3 filers$1.49M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.15M | 77.00% | 2026-06-30 |
| 2 | Wolverine Trading, LLC Custodian | $184.83K | 12.41% | 2025-09-30 |
| 3 | Citadel Advisors LLC Custodian | $157.81K | 10.59% | 2026-06-30 |
3 filers$1.47M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.08M | 73.43% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $290.02K | 19.68% | 2026-06-30 |
| 3 | Wolverine Trading, LLC Custodian | $101.56K | 6.89% | 2025-09-30 |
LAND Insider Trading (Form 4)
Latest: 2016-05-19Form 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 |
|---|---|---|---|---|---|---|---|
| 2016-05-19 | Lewis Parrish | CFO | Buy (P) | +150 | $10.00 | $1.5K | EDGAR |
| 2016-05-09 | Paul W Adelgren | Director | Buy (P) | +1,000 | $10.19 | $10.2K | EDGAR |
| 2016-05-09 | Lewis Parrish | CFO | Buy (P) | +100 | $10.00 | $1.0K | EDGAR |
| 2016-03-10 | David Gladstone | CEO | Buy (P) | +19,000 | $8.87 | $168.6K | EDGAR |
| 2016-03-07 | Lewis Parrish | CFO | Buy (P) | +500 | $8.69 | $4.3K | EDGAR |
| 2015-12-22 | David Gladstone | President and CEO | Buy (P) | +51,652 | $8.53 | $440.8K | EDGAR |
| 2015-12-16 | John Dellafiora | Chief Compliance Officer | Buy (P) | +200 | $8.59 | $1.7K | EDGAR |
| 2015-12-15 | Lewis Parrish | CFO | Buy (P) | +500 | $8.25 | $4.1K | EDGAR |
| 2015-08-26 | David Gladstone | President and CEO | Buy (P) | +10,000 | $9.57 | $95.7K | EDGAR |
| 2015-08-13 | Paul W Adelgren | Director | Buy (P) | +600 | $9.94 | $6.0K | EDGAR |
| 2015-06-17 | Walter H Wilkinson | Director | Buy (P) | +4,500 | $11.11 | $50.0K | EDGAR |
| 2015-06-16 | Lewis Parrish | Chief Financial Officer | Buy (P) | +900 | $11.00 | $9.9K | EDGAR |
| 2015-06-16 | Paul W Adelgren | Director | Buy (P) | +600 | $11.09 | $6.7K | EDGAR |
| 2014-03-11 | Paul W Adelgren | Director | Buy (P) | +1,000 | $13.11 | $13.1K | EDGAR |
| 2013-08-19 | Michael LiCalsi | Buy (P) | +500 | $16.65 | $8.3K | 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.
LAND Board & Officers
As of SEC filings through Jun 5, 2026Directors 4
- David Gladstone · since Jan 28, 2013
- Walter H Wilkinson · since Oct 7, 2014
- Paula Novara · since Oct 11, 2022
- George Stelljes III · since Jun 1, 2026
Officers 3
- William L Reiman · Executive Vice President · since Mar 20, 2026
- John Sateri · Chief Investment Officer · since Mar 20, 2026
- Erich Michael Hellmold · Co-General Counsel · since Jul 10, 2025
Changes in the last 10 years (8)
| Jun 1, 2026 | George Stelljes III became a director |
| Mar 20, 2026 | William L Reiman became Executive Vice President |
| Mar 20, 2026 | John Sateri became Chief Investment Officer |
| Jul 10, 2025 | Erich Michael Hellmold became Co-General Counsel |
| Aug 22, 2024 | Katharine C Gorka became a director |
| Oct 11, 2022 | Paula Novara became a director |
| Jan 8, 2022 | The company announced the departure of Caren D Merrick from the board in an SEC filing |
| Mar 16, 2020 | Michael LiCalsi first listed as General Counsel and Secretary in an SEC filing |
Not reported recently (8)
- Anthony W Parker · Last reported as a director in an SEC filing dated Mar 14, 2025
- Katharine C Gorka · Last reported as a director in an SEC filing dated Aug 27, 2024
- Michela A English · Last reported as a director in an SEC filing dated May 9, 2024
- Paul W Adelgren · Last reported as a director in an SEC filing dated May 11, 2023
- Terry Lee Brubaker · Last reported as a director in an SEC filing dated May 12, 2022
- Michael LiCalsi · Last reported as General Counsel and Secretary in an SEC filing dated Mar 16, 2020
- Lewis Parrish · Last reported as CFO in an SEC filing dated Mar 16, 2020
- Jay Beckhorn · Last reported as Treasurer in an SEC filing dated May 15, 2018
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
ETF Holders
78 ETFs hold LAND
25 shown · $451.60M total exposure · 0.04% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VXUS Vanguard Total International Stock ETF | Vanguard | 0.01% | $91.4M | — | 2026-09-30 |
| 2 | VEA Vanguard FTSE Developed Markets ETF | Vanguard | 0.02% | $60.1M | — | 2026-09-30 |
| 3 | IEFA iShares Core MSCI EAFE ETF | iShares (BlackRock) | 0.03% | $49.2M | $191.0B | 2026-10-20 |
| 4 | EFA iShares MSCI EAFE ETF | iShares (BlackRock) | 0.03% | $25.9M | $77.3B | 2026-10-20 |
| 5 | VNQI Vanguard Global ex-U.S. Real Estate ETF | Vanguard | 0.62% | $22.2M | — | 2026-09-30 |
| 6 | REET iShares Global REIT ETF | iShares (BlackRock) | 0.41% | $19.6M | $4.7B | 2026-10-20 |
| 7 | EFV iShares MSCI EAFE Value ETF | iShares (BlackRock) | 0.06% | $18.1M | $30.7B | 2026-10-20 |
| 8 | ESGD iShares ESG Aware MSCI EAFE ETF | iShares (BlackRock) | 0.13% | $15.8M | $11.9B | 2026-10-20 |
| 9 | VNQ Vanguard Real Estate ETF | Vanguard | 0.02% | $15.5M | — | 2026-09-30 |
| 10 | VGK Vanguard FTSE Europe ETF | Vanguard | 0.04% | $14.8M | — | 2026-09-30 |
| 11 | VEU Vanguard FTSE All-World Ex-US ETF | Vanguard | 0.02% | $14.6M | — | 2026-09-30 |
| 12 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $12.3M | — | 2026-09-30 |
| 13 | SPDW State Street® SPDR® Portfolio Developed World ex-US ETF | SPDR (State Street) | 0.03% | $12.0M | $40.9B | 2026-10-20 |
| 14 | IXUS iShares Core MSCI Total International Stock ETF | iShares (BlackRock) | 0.02% | $9.6M | $58.1B | 2026-10-20 |
| 15 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.01% | $9.4M | $75.1B | 2026-10-20 |
| 16 | EWU iShares MSCI United Kingdom ETF | iShares (BlackRock) | 0.23% | $8.5M | $3.7B | 2026-10-20 |
| 17 | PFF iShares Preferred and Income Securities ETF | iShares (BlackRock) | 0.06% | $7.2M | $11.9B | 2026-10-20 |
| 18 | IQLT iShares MSCI Intl Quality Factor ETF | iShares (BlackRock) | 0.05% | $7.0M | $13.8B | 2026-10-20 |
| 19 | IDEV iShares Core MSCI International Developed Markets ETF | iShares (BlackRock) | 0.02% | $6.2M | $34.0B | 2026-10-20 |
| 20 | INTF iShares International Equity Factor ETF | iShares (BlackRock) | 0.16% | $5.9M | $3.7B | 2026-10-20 |
| 21 | VSS Vanguard FTSE All-World EX-US Small-Cap Index Fund | Vanguard | 0.04% | $5.7M | — | 2026-09-30 |
| 22 | RWO State Street® SPDR® Dow Jones® Global Real Estate ETF | SPDR (State Street) | 0.44% | $5.5M | $1.2B | 2026-10-20 |
| 23 | SCZ iShares MSCI EAFE Small-Cap ETF | iShares (BlackRock) | 0.04% | $5.4M | $12.9B | 2026-10-20 |
| 24 | VT Vanguard Total World Stock ETF | Vanguard | 0.00% | $5.0M | — | 2026-09-30 |
| 25 | DWX State Street® SPDR® S&P® International Dividend ETF | SPDR (State Street) | 0.92% | $4.8M | $516.2M | 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
—
TTM Diluted EPS
$-0.72
TTM Revenue
$88.42M
TTM Net Income
$-29.22M
TTM Op. Cash Flow
$27.80M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $12.69M | $-13.52M | $-0.32 | $19.93M |
| Q1 '26 | 2026-03-31 | $16.54M | $-9.98M | $-0.24 | $9.29M |
| Q4 '25 | 2025-12-31 | $41.40M | $-1.79M | $-0.05 | $10.61M |
| Q3 '25 | 2025-09-30 | $17.79M | $-3.92M | $-0.11 | $-12.04M |
| Q2 '25 | 2025-06-30 | $12.30M | $-13.88M | $-0.38 | $3.95M |
| Q1 '25 | 2025-03-31 | $16.80M | $9.11M | $0.25 | $4.47M |
| Q4 '24 | 2024-12-31 | $20.64M | $-5.46M | $-0.15 | $11.58M |
| Q3 '24 | 2024-09-30 | $22.57M | $-5.79M | $-0.16 | $-1.37M |
| Q2 '24 | 2024-06-30 | $21.30M | $-6.65M | $-0.19 | $15.91M |
| Q1 '24 | 2024-03-31 | $20.25M | $7.45M | $0.21 | $3.42M |
| Q4 '23 | 2023-12-31 | $24.45M | $-4.29M | $-0.12 | $17.42M |
| Q3 '23 | 2023-09-30 | $23.53M | $-2.96M | $-0.08 | $80.00K |
Q2 2026 • period ending 2026-06-30 • filed 2026-08-11
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
0.52
P/S
3.94
EV/EBITDA
13.42
EV/Sales
9.18
ROE
-4.3%
ROA
-2.5%
Div Yield
11.99%
FCF Yield
7.98%
Debt/Equity
0.72
Current Ratio
—
Market Cap
$348.50M
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
4.15M
SI % of Float
10.24%
Days to Cover
7.43
Short Vol Ratio
49.8%
Free Float
40.51M
Float %
93.9%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-07