Zacks Investment ResearchT3·1mo ago
NOVT Novanta Inc. Common Stock
XNAS
149.35
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.
NOVT
$149.35
—
Key stats
$149.35
- 52-Week Range
- $98.27 – $176.38
- YTD
- +34.38%
- IV Rank (30D)
- 84.68
- Straddle Price
- $19.75
- P/C Vol Ratio
- 1.18
- Market Cap
- $5.4B
- Open
- $147.01
- Day Range
- $144.71 – $150.00
- Volume
- 302,553
- Prev Close
- $144.02
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) | 4.96% |
| Beta vs SPY | 1.41 |
| Cost of Equity (CAPM) | 12.73% (VRP-adj) |
| WACC | 12.62% |
| Volatility Risk Premium | +34.0pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 22.5% |
| Rev. Growth (YoY, DCF input) | +7.3% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.07 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $0.1B |
| Return on Equity (TTM) | 3.8% |
| Book / Price | 29.0% |
| Gross Margin (TTM) | 44.5% |
| FCF Margin (TTM) | 11.1% |
| Debt / Equity | 0.12 |
| Quality Score | 2/6 — normal (10y DCF) |
| SMA 50 | $142.73 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $141.00 |
| Bollinger Width / SMA20 | 11.4% (drives anchor stability) |
| Net Debt | $-0.5B |
| Market Cap | $6B |
Peers used for multiples: ATKR, ENS, ENVX, FLNC, QS, RUN, SPB
(SIC-code peers; ETF co-membership was sector-incoherent)
60-Day Conviction
91%
20-Day Fair Value
≈ by Nov 25, 2026
$154.30
α +3.3%
rank 45%
conviction
98%
40-Day Fair Value
≈ by Dec 24, 2026
$154.86
α +3.7%
rank 40%
conviction
93%
60-Day Fair Value
≈ by Jan 22, 2027
$155.86
α +4.4%
rank 48%
conviction
91%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $52.18 | 19% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | $28.61 | 5% | median 17.0× · 3 peers |
| Peer EV/EBITDA | $73.84 | 6% | median 11.7× · 4 peers |
| Peer P/B | $104.66 | 8% | median 2.5× · 7 peers |
| Peer P/S | $24.64 | 8% | median 0.9× · 6 peers |
| Market Anchor (SMA50) | $142.73 | 36% | stability 93% (BB-width) |
| Options Expected (B-L 30d) | $144.62 | 19% | 23 strikes · skew -0.13 |
As of 2026-10-27 · updated
Related
About
- Industry (SIC)
- MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES (3690) · industry map
- Exchange
- XNAS
- Market Cap
- $5.4B
- Employees
- 3,000
- List Date
- 1999-03-24
- CIK
- 0001076930
- Next Earnings
- 2026-11-09 (After-Close)
- EPS Forecast
- $0.97 (2 est.)
- Headquarters
- Bedford, MA
- Homepage
- https://www.novanta.com
Novanta Inc supplies core technology solutions to medical, life science, and advanced industrial OEMs, leveraging proprietary expertise in precision medicine, precision manufacturing, robotics and automation, and advanced surgery. It has two segments: Automation Enabling Technologies and Medical Solutions. Automation Enabling Technologies, which generates the majority of revenue, provides laser beam steering and scanning solutions, laser sources, and robotic and precision motion technologies. The Medical Solutions segment provides medical-grade technologies, including medical insufflators, end…
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 | 6.15% | -20.53% | 19.76% | -5.93% | -0.84% | 21.05% | 3.28% |
| Feb | 3.19% | -2.32% | -6.55% | 9.87% | -1.63% | 0.08% | 0.44% |
| Mar | -3.16% | 9.22% | 10.83% | -0.29% | -10.81% | -16.07% | -1.71% |
| Apr | -2.34% | -8.88% | -2.31% | -9.09% | -6.78% | 9.43% | -3.33% |
| May | 5.67% | -6.14% | 6.30% | 3.43% | 2.51% | 24.60% | 6.06% |
| Jun | -3.02% | -0.08% | 8.27% | 0.97% | 5.75% | -0.75% | 1.86% |
| Jul | 2.67% | 28.95% | -1.55% | 14.82% | -5.96% | -13.32% | 4.27% |
| Aug | 10.25% | -12.55% | -5.33% | 7.62% | -3.07% | -1.43% | -0.75% |
| Sep | 1.95% | -11.96% | -14.76% | 3.37% | -10.65% | -1.03% | -5.51% |
| Oct | 12.56% | 17.48% | -6.94% | -2.61% | 25.98% | 4.02%* | 8.42% |
| Nov | -7.63% | 12.49% | 9.40% | -4.16% | -16.34% | -- | -1.25% |
| Dec | 8.93% | -13.49% | 13.91% | -9.68% | 6.74% | -- | 1.28% |
| Total | 38.75% | -17.76% | 28.49% | 5.36% | -19.45% | 21.03% | 9.40% |
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: $141.41
SMA 50: $142.34
SMA 200: $142.03
Current: $149.35
EMA 12: $140.92
EMA 26: $141.31
MACD: -0.3948 | Signal: 1.0423
BEARISH
ADX (14): 11.58
RANGE
+DI: 29.48
−DI: 21.89
Momentum Oscillators
RSI (14): 58.23
NEUTRAL
Stoch %K: 74.28
Stoch %D: 56.35
Williams %R: -3.03
Volume & Volatility
BB Upper: $153.27
BB Lower: $129.55
NEUTRAL
OBV: -11,344,072
Vol SMA 20: 435,099
Vol ROC: -47.40%
ATR: $6.68
True Range: $5.98
HV 20: 49.5%
HV 30: 47.6%
HV 60: 49.3%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-29T00:00:00 – 2026-10-27T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: BULLISH (Confidence Level: 8/10)
Key Drivers: Strong technical momentum, positive news sentiment, and relatively low volatility.
Primary Risks: High beta, high volatility, potential for sharp corrections if market turns bearish.
Investment Thesis: NOVT is poised to continue its uptrend as technical indicators align with recent positive news. However, investors should be cautious of the stock's high volatility and potential for sudden corrections.
Recent News Sentiment Impact: Positive news headlines have contributed to the stock's upward movement, but mixed sentiment from institutional investors may indicate a more measured approach.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Bullish. Medium-term (1-3 months): Bullish. Long-term (3-12 months): Neutral.
Support/Resistance Levels: Key price levels to monitor are $154.30 (SMA 20) and $176.77 (Upper Bollinger Band).
Momentum Signals:
- RSI interpretation: Neutral (43.31), indicating no extreme sentiment.
- MACD signal: Bullish, with a crossover above the signal line.
- Bollinger Bands position: Neutral, with price trading within the middle band.
News & Sentiment Analysis
Recent Headlines Summary: Positive headlines from institutional investors and neutral news articles have dominated recent reporting.
Sentiment Assessment: Sentiment is generally positive, but mixed sentiment from institutional investors may indicate a more measured approach.
Catalyst Identification: No immediate catalysts are identified, but upcoming earnings and product launches could impact the stock's performance.
Market Narrative: Recent news has aligned with technical signals, supporting the stock's upward momentum.
Risk & Volatility Assessment
Beta Interpretation: High risk relative to market (beta 2.01), indicating a high-volatility stock that moves more than the broader market.
Volatility Regime: Current volatility is relatively low compared to historical levels.
Options Market Signals:
- IV rank: Low (15.7%), indicating historically low volatility.
- Put/call ratios: Bullish, with 80 calls vs 36 puts.
- Unusual activity: No notable unusual activity detected.
Market Context & Positioning
Sector Performance: NOVT is relatively strong compared to its sector and market.
Institutional Activity: Mixed institutional interest signals are observed, with some investors increasing their exposure while others are reducing their holdings.
Correlation Analysis: The stock has a moderate correlation (0.50) with the broader market, indicating a degree of independence from market trends.
Relative Valuation: NOVT is relatively undervalued compared to its peers and historical levels.
Key Levels & Action Items
Critical Price Levels: Monitor SMA 20 ($154.30) and Upper Bollinger Band ($176.77).
Breakout/Breakdown Levels: A move above $176.77 could trigger a strong breakout, while a breakdown below $131.84 could signal a significant correction.
Time-Sensitive Catalysts: No immediate catalysts are identified, but upcoming earnings and product launches may impact the stock's performance.
Risk Management: Investors should consider implementing stop-loss levels around $154.30 and position sizing considerations to manage risk.
Generated
News
All NOVT news →
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Showing 1–10 of 50
Page 1 of 5
Earnings History
17 of 21 under expected move
Avg Expected Move
8.04%
Avg Actual Move
5.01%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-08-10 | Pre-Market | 6.39% | 0.82% | 0.13x | Within |
| 2021-11-09 | Pre-Market | 6.10% | 4.92% | 0.81x | Within |
| 2022-03-01 | Pre-Market | 4.90% | 4.65% | 0.95x | Within |
| 2022-05-10 | Pre-Market | 8.52% | 2.83% | 0.33x | Within |
| 2022-08-09 | Pre-Market | 3.29% | 3.00% | 0.91x | Within |
| 2022-11-08 | Pre-Market | 9.96% | 3.64% | 0.37x | Within |
| 2023-03-01 | Pre-Market | 7.33% | 8.52% | 1.16x | Exceeded |
| 2023-05-09 | Pre-Market | 7.81% | 1.45% | 0.19x | Within |
| 2023-08-08 | Pre-Market | 6.25% | 11.41% | 1.83x | Exceeded |
| 2023-11-07 | Pre-Market | 6.28% | 13.51% | 2.15x | Exceeded |
| 2024-02-28 | Pre-Market | 7.85% | 6.45% | 0.82x | Within |
| 2024-05-07 | Pre-Market | 6.70% | 0.43% | 0.06x | Within |
| 2024-08-06 | Pre-Market | 7.38% | 8.75% | 1.19x | Exceeded |
| 2024-11-05 | Pre-Market | 8.96% | 5.45% | 0.61x | Within |
| 2025-02-25 | Pre-Market | 9.29% | 7.19% | 0.77x | Within |
| 2025-05-06 | Pre-Market | 7.90% | 1.93% | 0.24x | Within |
| 2025-08-05 | Pre-Market | 9.52% | 6.70% | 0.70x | Within |
| 2025-11-03 | After-Close | 10.08% | 4.81% | 0.48x | Within |
| 2026-02-23 | After-Close | 13.41% | 3.47% | 0.26x | Within |
| 2026-05-11 | Pre-Market | 9.33% | 1.21% | 0.13x | Within |
| 2026-08-05 | Pre-Market | 11.63% | 3.99% | 0.34x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
NOVT Options Activity & IV Rank
NOVT IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 60.9%
7-DTE IV: —
Expected Move: $19.75
7-DTE Move: $19.75
Days to Exp: 24 (2026-11-20)
Options Flow
Call Volume: 170
Put Volume: 201
P/C Volume: 1.182
NEUTRAL
Call OI: 1,166
Put OI: 3,234
P/C OI: 2.774
Total OI: 4,400
ATM Options Pricing
ATM Call: $9.70
ATM Put: $10.05
Call %: 6.5%
Put %: 6.7%
Chain Summary
Chain Volume: 651
Chain OI: 4,836
Last Updated: 10/27/2026
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 79th 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
79%
vs own history
GEX tilt
+0.54
OI-weighted, today
Vanna tilt
-0.08
δ-sensitivity to IV
Charm tilt
+0.16
δ-decay vs time
? What is this?
· 11 ATM contracts, 0k 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 26 · No data
30 DTE / 10d
100%
+24.9
pts
EXTREME
as of Oct 26 · ATM 60.7% / Wing 85.6%
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)84.7HighOct 27
Straddle Price (30 DTE)$19.75Oct 27
Beta Analysis
Risk Metrics
Beta: 1.9942
Alpha: 1.62%
Correlation: 0.4884
R-Squared: 23.9%
Stock Volatility: 51.9%
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 NOVT
4 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $50.6M | #682 of 6285 | +1261.6% | 13F | |
| Point72 Hedge fund Steve Cohen | $24.4M | #523 of 1945 | +39.4% | 13F | |
| Bridgewater Associates Hedge fund Ray Dalio | $14.6M | #264 of 997 | new | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $574K | #2014 of 4729 | +265.6% | 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
NOVT Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 38,766,000 (as of 2026-07-03)
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.
8 filers$21.69M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | PEAK6 LLC | $12.98M | 59.84% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $3.67M | 16.90% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $2.21M | 10.17% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $1.35M | 6.21% | 2026-06-30 |
| 5 | Jane Street Group, LLC Custodian | $1.20M | 5.53% | 2026-06-30 |
| 6 | Walleye Capital LLC | $162.24K | 0.75% | 2026-06-30 |
| 7 | Walleye Trading LLC | $97.34K | 0.45% | 2026-06-30 |
| 8 | Simplex Trading, LLC Custodian | $32.45K | 0.15% | 2026-06-30 |
12 filers$399.16M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Daiwa Securities Group Inc. | $347.52M | 87.06% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $11.91M | 2.98% | 2026-06-30 |
| 3 | SCOPUS ASSET MANAGEMENT, L.P. | $8.11M | 2.03% | 2026-06-30 |
| 4 | Jane Street Group, LLC Custodian | $7.40M | 1.85% | 2026-06-30 |
| 5 | Simplex Trading, LLC Custodian | $6.90M | 1.73% | 2026-06-30 |
| 6 | IMC-Chicago, LLC Custodian | $5.09M | 1.28% | 2026-06-30 |
| 7 | UBS Group AG Custodian | $5.03M | 1.26% | 2026-06-30 |
| 8 | Citadel Advisors LLC Custodian | $2.43M | 0.61% | 2026-06-30 |
| 9 | WOLVERINE ASSET MANAGEMENT LLC | $2.22M | 0.56% | 2026-06-30 |
| 10 | Portman Square Capital LLP | $1.37M | 0.34% | 2026-09-30 |
| 11 | Walleye Trading LLC | $1.09M | 0.27% | 2026-06-30 |
| 12 | Walleye Capital LLC | $97.34K | 0.02% | 2026-06-30 |
NOVT Insider Trading (Form 4)
Latest: 2026-09-15Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-09-15 | Thomas N Secor | Director | Sell (S) | −663 | $147.60 | -$97.9K | EDGAR |
| 2026-07-07 | Matthijs Glastra | Chief Executive Officer | Sell (S) | −6,500 | $161.13 | -$1.05M | EDGAR |
| 2025-11-05 | Matthew Farrell | Director | Grant (A) | +241 RSU | — | EDGAR | |
| 2025-09-11 | Matthijs Glastra | Chief Executive Officer | Gift (G) | — | — | EDGAR | |
| 2025-07-14 | Mary Kay Ladone | Director | Exer (M) | +572 | — | EDGAR | |
| 2025-05-12 | Robert Matthew Johnson | Director | Exer (M) | +818 | — | EDGAR | |
| 2025-04-23 | Charles Guy Ravetto JR | Co-Chief Operating Officer | Mixed | +6,003 | $110.54 | -$377.8K | EDGAR |
| 2025-02-26 | John Joseph Burke II | Chief Accounting Officer | Mixed | +595 | $138.30 | -$38.3K | EDGAR |
| 2025-02-26 | Charles Guy Ravetto JR | Co-Chief Operating Officer | Mixed | +582 | $138.30 | -$33.5K | EDGAR |
| 2025-02-26 | Matthijs Glastra | Chief Executive Officer | Mixed | +5,604 | $138.30 | -$725.7K | EDGAR |
| 2025-02-26 | Robert Buckley | Chief Financial Officer | Mixed | +2,802 | $138.30 | -$362.8K | EDGAR |
| 2025-02-24 | John Joseph Burke II | Chief Accounting Officer | Mixed | +338 | $140.51 | -$25.3K | EDGAR |
| 2025-02-24 | Charles Guy Ravetto JR | Co-Chief Operating Officer | Mixed | +709 | $140.51 | -$49.0K | EDGAR |
| 2025-02-24 | John Lesica | Co-Chief Operating Officer | Grant (A) | +4,902 RSU | — | EDGAR | |
| 2025-02-24 | Michele Davis Welsh | General Counsel | Grant (A) | +1,681 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.
NOVT Insider Holdings
13 insiders · @ $149.35
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 | Robert Buckley | Chief Financial Officer | 129,876 | $19.40M | -$29.39M | 81 | 2025-02-26 |
| 2 | Matthijs Glastra | Chief Executive Officer | 87,619 | $13.09M | -$29.43M | 70 | 2026-07-07 |
| 3 | Charles Guy Ravetto JR | Co-Chief Operating Officer | 14,430 | $2.16M | $0 | 3 | 2025-04-23 |
| 4 | John Joseph Burke II | Chief Accounting Officer | 7,697 | $1.15M | $0 | 3 | 2025-02-26 |
| 5 | Lonny J. Carpenter | Director | 4,523 | $675.5K | $0 | 11 | 2025-01-06 |
| 6 | Maxine Lum Mauricio | Director | 3,223 | $481.4K | $0 | 10 | 2025-01-06 |
| 7 | Frank Anders Wilson | Director | 2,622 | $391.6K | $0 | 9 | 2025-01-06 |
| 8 | Darlene J. S. Solomon | Director | 2,216 | $331.0K | $0 | 7 | 2025-01-06 |
| 9 | Barbara B. Hulit | Director | 2,146 | $320.5K | $0 | 7 | 2025-01-06 |
| 10 | Michele Davis Welsh | General Counsel | 1,478 | $220.7K | $0 | 6 | 2025-02-24 |
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.
NOVT Board & Officers
As of SEC filings through Sep 15, 2026Directors 9
- Thomas N Secor · since Jun 14, 2012
- Matthijs Glastra · listed since Feb 2017
- Lonny J. Carpenter · since May 10, 2018
- Maxine Lum Mauricio · since May 26, 2020
- Frank Anders Wilson · since May 13, 2021
- Darlene J. S. Solomon · since Jun 28, 2022
- Robert Matthew Johnson · since May 8, 2024
- Mary Kay Ladone · since Jul 11, 2024
- Matthew Farrell · since Nov 2, 2025
Officers 6
- Matthijs Glastra · Chief Executive Officer · listed since Feb 2017
- Robert Buckley · Chief Financial Officer · since Mar 31, 2011
- Charles Guy Ravetto JR · Co-Chief Operating Officer · since Jan 6, 2025
- John Lesica · Co-Chief Operating Officer · since Jan 6, 2025
- John Joseph Burke II · Chief Accounting Officer · since Aug 22, 2024
- Alexander Manganiello · General Counsel · since Dec 1, 2025
Changes in the last 10 years (28)
| Dec 1, 2025 | Alexander Manganiello became General Counsel |
| Nov 2, 2025 | Matthew Farrell became a director |
| Sep 15, 2025 | The company announced the departure of Barbara B. Hulit from the board in an SEC filing |
| Jul 8, 2025 | The company announced the departure of Michele Davis Welsh as General Counsel in an SEC filing |
| Jan 6, 2025 | John Lesica became Co-Chief Operating Officer |
| Jan 6, 2025 | Charles Guy Ravetto JR became Co-Chief Operating Officer |
| Aug 22, 2024 | The company announced the departure of Peter L Chang as CAO-Corporate Controller in an SEC filing |
| Aug 22, 2024 | John Joseph Burke II became Chief Accounting Officer |
| Aug 1, 2024 | The company announced the departure of Brian S Young as Chief Human Resources Officer in an SEC filing |
| Jul 11, 2024 | The company announced the departure of Katherine Ann Owen from the board in an SEC filing |
| Jul 11, 2024 | Mary Kay Ladone became a director |
| May 8, 2024 | Robert Matthew Johnson became a director |
| Jul 28, 2022 | Barbara B. Hulit became a director |
| Jul 26, 2022 | The company announced the departure of Ira J Lamel from the board in an SEC filing |
| Jul 11, 2022 | Michele Davis Welsh became General Counsel |
| Jun 28, 2022 | The company announced the departure of Brian Douglas King from the board in an SEC filing |
| Jun 28, 2022 | Darlene J. S. Solomon became a director |
| May 13, 2021 | Frank Anders Wilson became a director |
| Feb 24, 2021 | Katherine Ann Owen became a director |
| May 26, 2020 | Maxine Lum Mauricio became a director |
| May 9, 2019 | Deborah DiSanzo Eldracher became a director |
| Feb 26, 2019 | Peter L Chang listed as CAO-Corporate Controller (previously Vice President-Corp Controller) in SEC filings |
| May 10, 2018 | Lonny J. Carpenter became a director |
| May 10, 2017 | Brian Douglas King became a director |
| Mar 2, 2017 | Brian S Young listed as Chief Human Resources Officer (previously Executive VP, Human Resources) in SEC filings |
| Feb 28, 2017 | Matthijs Glastra listed as Chief Executive Officer (previously Chief Operating Officer) in SEC filings |
| Feb 28, 2017 | Matthijs Glastra first listed as a director in an SEC filing |
| Dec 8, 2016 | Brian S Young became Executive VP, Human Resources |
Not reported recently (5)
- Deborah DiSanzo Eldracher · Last reported as a director in an SEC filing dated Jan 5, 2022
- Stephen W Bershad · Last reported as a director in an SEC filing dated Jan 15, 2021
- Dominic A Romeo · Last reported as a director in an SEC filing dated Jan 6, 2020
- Dennis J Fortino · Last reported as a director in an SEC filing dated Jan 3, 2018
- Harry L Bosco · Last reported as a director in an SEC filing dated Jan 3, 2017
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.
NOVT Proposed Insider Sales (Form 144)
Latest: 2026-09-11
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
1 filing
· $98K notice value
· 1 unique filer
· 100% under 10b5-1 plans
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.
Top 90-day filers:
Secor Thomas N (1, $98K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-09-11 | Secor Thomas N | Director | 663 | $97.9K | 2026-09-11 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2026-07-02 | Matthijs Glastra | Officer | 6,500 | $1.05M | 2026-07-02 | Merrill Private Wealth Managemen… | 10b5-1 | EDGAR |
| 2026-06-02 144/A | Matthijs Glastra | Officer | 6,500 | $1.10M | 2026-06-02 | Merrill Private Wealth Managemen… | 10b5-1 | EDGAR |
| 2026-05-12 | Matthijs Glastra | Officer | 7,500 | $1.12M | 2026-05-12 | Merrill Private Wealth Managemen… | 10b5-1 | EDGAR |
| 2026-05-05 | Matthijs Glastra | Officer | 6,500 | $845.0K | 2026-05-05 | Merrill Private Wealth Managemen… | 10b5-1 | EDGAR |
| 2026-04-17 | Matthijs Glastra | Officer | 6,500 | $845.0K | 2026-04-17 | Merrill Private Wealth Managemen… | 10b5-1 | EDGAR |
| 2026-03-02 | Matthijs Glastra | Officer | 6,500 | $845.0K | 2026-03-02 | Merrill Private Wealth Managemen… | 10b5-1 | EDGAR |
| 2026-02-10 | Matthijs Glastra | Officer | 7,500 | $1.09M | 2026-02-10 | Merrill Private Wealth Managemen… | 10b5-1 | EDGAR |
| 2026-02-02 | Matthijs Glastra | Officer | 6,500 | $878.5K | 2026-02-02 | Merrill Private Wealth Managemen… | 10b5-1 | EDGAR |
| 2026-01-21 | Robert J. Buckley | Affiliate | 43,920 | $5.76M | 2026-01-21 | J.P. Morgan Securities LLC | 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: 2026-05-29
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-29 | 0001193125-26-248524 | EDGAR |
| 2026-05-15 | 0001193125-26-227053 | EDGAR |
| 2026-05-11 | 0001193125-26-216984 | EDGAR |
| 2026-02-23 | 0001193125-26-064191 | EDGAR |
| 2025-12-01 | 0001193125-25-303940 | EDGAR |
| 2025-11-13 | 0001193125-25-280353 | EDGAR |
| 2025-11-12 | 0001193125-25-277939 | EDGAR |
| 2025-11-03 | 0001193125-25-262744 | EDGAR |
| 2025-09-18 | 0001193125-25-206858 | EDGAR |
| 2025-09-18 | 0001193125-25-207465 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-02-23 | 0001193125-26-064230 | EDGAR |
| 2025-02-25 | 0000950170-25-026131 | EDGAR |
| 2024-02-28 | 0000950170-24-021689 | EDGAR |
| 2023-03-01 | 0000950170-23-005365 | EDGAR |
| 2022-03-01 | 0001564590-22-007880 | EDGAR |
| 2021-03-01 | 0001564590-21-009673 | EDGAR |
| 2020-02-26 | 0001564590-20-006601 | EDGAR |
| 2019-02-27 | 0001564590-19-004717 | EDGAR |
| 2018-02-28 | 0001564590-18-003687 | EDGAR |
| 2017-03-06 | 0001564590-17-003421 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-05-11 | 0001193125-26-217064 | EDGAR |
| 2025-11-03 | 0001193125-25-262774 | EDGAR |
| 2025-08-05 | 0000950170-25-102475 | EDGAR |
| 2025-05-06 | 0000950170-25-064018 | EDGAR |
| 2024-11-05 | 0000950170-24-121113 | EDGAR |
| 2024-08-06 | 0000950170-24-091261 | EDGAR |
| 2024-05-07 | 0000950170-24-054007 | EDGAR |
| 2023-11-07 | 0000950170-23-059817 | EDGAR |
| 2023-08-08 | 0000950170-23-039422 | EDGAR |
| 2023-05-09 | 0000950170-23-019206 | EDGAR |
ETF Holders
113 ETFs hold NOVT
25 shown · $1.22B total exposure · 0.17% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | IJH iShares Core S&P Mid-Cap ETF | iShares (BlackRock) | 0.16% | $190.9M | $122.3B | 2026-10-23 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.01% | $171.1M | — | 2026-09-30 |
| 3 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.17% | $128.2M | $74.6B | 2026-10-23 |
| 4 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.07% | $121.0M | — | 2026-09-30 |
| 5 | VGT Vanguard Information Technology ETF | Vanguard | 0.06% | $103.7M | — | 2026-09-30 |
| 6 | VBK Vanguard Morningstar Small-Cap Growth ETF | Vanguard | 0.15% | $67.4M | — | 2026-09-30 |
| 7 | VXF Vanguard Extended Market ETF | Vanguard | 0.07% | $60.6M | — | 2026-09-30 |
| 8 | IWO iShares Russell 2000 Growth ETF | iShares (BlackRock) | 0.35% | $47.8M | $13.7B | 2026-10-23 |
| 9 | MDY State Street® SPDR® S&P MIDCAP 400® ETF Trust | SPDR (State Street) | 0.16% | $40.0M | $25.6B | 2026-10-23 |
| 10 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.12% | $39.7M | — | 2026-10-23 |
| 11 | ROBO ROBO Global Robotics and Automation Index ETF | Nport | 1.62% | $32.2M | — | 2026-07-31 |
| 12 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.17% | $30.0M | — | 2026-09-30 |
| 13 | SPMD State Street® SPDR® Portfolio S&P 400™ Mid Cap ETF | SPDR (State Street) | 0.16% | $28.9M | $18.4B | 2026-10-23 |
| 14 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.12% | $27.4M | — | 2026-05-31 |
| 15 | SCHM Schwab U.S. Mid-Cap ETF | Nport | 0.11% | $15.4M | — | 2026-05-31 |
| 16 | IJK iShares S&P Mid-Cap 400 Growth ETF | iShares (BlackRock) | 0.15% | $15.1M | $10.3B | 2026-10-23 |
| 17 | IJJ iShares S&P Mid-Cap 400 Value ETF | iShares (BlackRock) | 0.17% | $14.4M | $8.6B | 2026-10-23 |
| 18 | FTEC Fidelity MSCI Information Technology Index ETF | Fidelity | 0.06% | $13.3M | $21.1B | 2026-10-23 |
| 19 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.01% | $12.0M | — | 2026-10-23 |
| 20 | CSMD Congress SMid Growth ETF | Nport | 2.52% | $11.4M | — | 2026-07-31 |
| 21 | PFFD Global X U.S. Preferred ETF | Global X | 0.60% | $11.0M | — | 2026-10-26 |
| 22 | KOMP State Street® SPDR® S&P Kensho New Economies Composite ETF | SPDR (State Street) | 0.40% | $9.9M | $2.5B | 2026-10-23 |
| 23 | IVOO Vanguard S&P Mid-Cap 400 ETF | Vanguard | 0.16% | $9.0M | — | 2026-09-30 |
| 24 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.11% | $8.6M | — | 2026-10-23 |
| 25 | PSC Principal U.S. Small-Cap ETF | Nport | 0.32% | $7.3M | — | 2026-06-30 |
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
95.13
TTM Diluted EPS
$1.57
TTM Revenue
$1.03B
TTM Net Income
$61.76M
TTM Op. Cash Flow
$133.84M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-07-03 | $265.81M | $12.54M | $0.30 | $64.93M |
| Q1 '26 | 2026-04-03 | $257.71M | $21.10M | $0.51 | $51.61M |
| Q4 '25 | 2025-12-31 | $258.35M | $17.47M | $0.46 | $8.80M |
| Q3 '25 | 2025-09-26 | $247.84M | $10.65M | $0.30 | $8.49M |
| Q2 '25 | 2025-06-27 | $241.05M | $4.50M | $0.12 | $15.07M |
| Q1 '25 | 2025-03-28 | $233.37M | $21.21M | $0.59 | $31.68M |
| Q4 '24 | 2024-12-31 | $238.06M | $16.46M | $0.45 | $61.56M |
| Q3 '24 | 2024-09-27 | $244.41M | $19.19M | $0.53 | $23.03M |
| Q2 '24 | 2024-06-28 | $235.86M | $13.76M | $0.38 | $41.09M |
| Q1 '24 | 2024-03-29 | $230.92M | $14.68M | $0.41 | $32.83M |
| Q4 '23 | 2023-12-31 | $211.57M | $12.51M | $0.34 | $38.99M |
| Q3 '23 | 2023-09-29 | $221.50M | $21.22M | $0.59 | $44.64M |
Q2 2026 • period ending 2026-07-03 • filed 2026-08-05
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
95.13
P/B
3.58
P/S
5.62
EV/EBITDA
28.34
EV/Sales
5.11
ROE
3.8%
ROA
2.9%
Div Yield
0.00%
FCF Yield
2.31%
Debt/Equity
0.12
Current Ratio
—
Market Cap
$5.79B
as of 2026-10-27
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
5.14M
SI % of Float
13.79%
Days to Cover
12.40
Short Vol Ratio
85.4%
Free Float
37.32M
Float %
98.7%
Short interest 2026-09-30 • Short volume 2026-10-27 • Float 2026-09-22