ROAD Construction Partners, Inc. Class A Common Stock

XNAS 84.94 Delayed
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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.

ROAD $84.94 —
Key stats
$84.94
Pre-market $84.10 -0.99%
52-Week Range
$79.33 – $151.00
YTD
-24.27%
IV Rank (30D)
95.08
Straddle Price
$12.20
P/C Vol Ratio
0.49
Market Cap
$4.8B
Open
$85.83
Day Range
$84.31 – $86.28
Volume
550,375
Prev Close
$84.38
Fair Value
MODEL: NEUTRAL

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 SPY1.20
Cost of Equity (CAPM)11.78% (VRP-adj)
WACC10.00%
Volatility Risk Premium+26.9pp (IV − HV30), ERP adj +50bps
Effective Tax Rate24.3%
Rev. Growth (YoY, DCF input)-1.3%
DCF Horizon5 years explicit + fade
Free Cash Flow (TTM)$0.2B
Return on Equity (TTM)13.7%
Book / Price20.7%
Gross Margin (TTM)15.7%
FCF Margin (TTM)5.4%
Debt / Equity1.75
Quality Score1/6 — cyclical/struggling (5y DCF)
Market-Implied Growth+27.3% (reverse-DCF on current price)
SMA 50$98.51 (Market Anchor value)
SMA 20 / Bollinger Mid$87.91
Bollinger Width / SMA2019.3% (drives anchor stability)
Net Debt$1.6B
Market Cap$5B
Peers used for multiples: AGX, CHRW, DY, HRI, KRMN, POWL, RBC, STRL
60-Day Conviction
23%
20-Day Fair Value
≈ by Nov 20, 2026
$84.90
α -0.0% rank 54%
conviction
3%
40-Day Fair Value
≈ by Dec 21, 2026
$84.67
α -0.3% rank 54%
conviction
8%
60-Day Fair Value
≈ by Jan 19, 2027
$84.42
α -0.6% rank 54%
conviction
23%
MethodImplied PriceWeightDetail
DCF $7.22 22%
DDM (Gordon) n/a 0%
Peer P/E $69.22 6% median 30.4× · 8 peers
Peer EV/EBITDA $139.57 6% median 21.0× · 8 peers
Peer P/B $151.21 6% median 8.6× · 8 peers
Peer P/S $227.56 6% median 3.9× · 8 peers
Market Anchor (SMA50) $98.51 34% stability 79% (BB-width)
Options Expected (B-L 30d) $83.86 18% 17 strikes · skew -0.01
As of 2026-10-22 · updated
About
Industry (SIC)
HEAVY CONSTRUCTION OTHER THAN BLDG CONST - CONTRACTORS (1600) · industry map
Exchange
XNAS
Market Cap
$4.8B
Employees
6,412
List Date
2018-05-04
CIK
0001718227
Next Earnings
2026-11-19 (Pre-Market)
EPS Forecast
$1.36 (3 est.)
Headquarters
Dothan, AL
Homepage
https://www.constructionpartners.net

Construction Partners Inc operates as a civil infrastructure company. It specializes in the construction and maintenance of roadways. The company through its subsidiaries, provides various products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. Its operations consist of manufacturing and distributing hot mix asphalt, paving activities, including the construction of roadway base layers and application of asphalt pavement, site development, including the installation of utility …

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
'21'22'23'24'25'26Avg
Jan2.53%-12.53%8.39%7.21%-8.45%-2.03%-0.81%
Feb-0.55%-0.56%-4.48%1.78%-9.10%17.66%0.79%
Mar-1.35%3.68%-1.64%15.13%3.65%-18.69%0.13%
Apr6.30%-5.08%0.31%-8.57%12.17%9.53%2.44%
May-0.15%-11.13%7.62%13.98%20.56%-7.95%3.82%
Jun-4.21%-7.75%10.76%-3.78%2.56%3.51%0.18%
Jul6.77%15.55%-5.50%20.53%-3.67%-4.21%4.91%
Aug2.17%24.14%17.68%11.58%26.26%-1.78%13.34%
Sep0.21%-10.11%4.19%15.09%7.35%-10.47%1.04%
Oct6.39%14.87%5.86%14.85%-8.34%-5.78%*4.64%
Nov-6.45%-9.32%5.96%29.03%-4.21%--3.00%
Dec-15.27%-6.61%5.10%-11.66%0.35%---5.62%
Total-5.72%-11.97%66.33%155.25%37.62%-22.37%36.52%
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: $87.91
SMA 50: $98.51
SMA 200: $112.03
Current: $84.94
EMA 12: $85.74
EMA 26: $89.69
MACD: -3.9506 | Signal: 0.1656
BEARISH
ADX (14): 34.85
TREND
+DI: 14.74
−DI: 28.84

Momentum Oscillators

RSI (14): 39.03
NEUTRAL
Stoch %K: 29.95
Stoch %D: 26.08
Williams %R: -65.24

Volume & Volatility

BB Upper: $95.37
BB Lower: $80.45
NEUTRAL
OBV: 6,399,979
Vol SMA 20: 672,473
Vol ROC: -26.73%
ATR: $3.78
True Range: $1.97
HV 20: 43.8%
HV 30: 40.5%
HV 60: 56.8%

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: ROAD

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers:

  • Technical indicators suggest a range-bound market with a slight bullish bias
  • Recent news headlines have been neutral, with no significant catalysts driving the stock price
  • Volatility is high, with a beta of 1.57 compared to the SPY

Primary Risks:

  • High volatility may lead to large price swings
  • Bearish options activity and put-call volume ratio suggest some market participants are bearish on the stock

Investment Thesis: ROAD is trading in a range-bound market, with technical indicators suggesting a slight bullish bias. While there are no significant catalysts driving the stock price, high volatility and bearish options activity may lead to larger-than-expected price swings.

Recent News Sentiment Impact: The recent news headlines have been neutral, with no significant events or announcements driving the stock price. The market has been focused on macroeconomic trends and sector performance rather than individual stock news.

Technical Analysis

Trend Direction:

  • Short-term: Range-bound
  • Medium-term: Uptrend (SMA 50 > SMA 200)
  • Long-term: Downtrend (SMA 200 below long-term average)

Support/Resistance Levels: Upper Bollinger Band: $125.65 Middle Line: $110.34 Lower Bollinger Band: $95.03

Momentum Signals:

  • RSI: Neutral (52.06)
  • MACD: Bullish
  • Bollinger Bands: Neutral

Volume Analysis:

  • Volume SMA 20: 826346.77
  • On-Balance Volume (OBV): 9746545.34
  • Volume Rate of Change: -29.35%

News & Sentiment Analysis

Recent Headlines Summary: The recent news headlines have been neutral, with no significant events or announcements driving the stock price.

Sentiment Assessment: Neutral sentiment is evident in the recent news headlines, with no clear direction or catalysts driving the stock price.

Catalyst Identification: No specific catalysts are driving the stock price at this time. The market appears to be focused on macroeconomic trends and sector performance rather than individual stock news.

Market Narrative: The neutral sentiment from the recent news headlines aligns with the technical analysis, suggesting a range-bound market with a slight bullish bias.

Risk & Volatility Assessment

Risk Interpretation: High risk due to high volatility (beta = 1.57) and bearish options activity.

Volatility Regime: Current volatility levels are above historical averages.

Options Market Signals:

  • IV Rank: Low
  • Current IV: 52.5%
  • Expected Move: $12.05 (31 DTE), 7-DTE: $3.92

Downside Protection: Support levels and risk management considerations suggest caution, as the stock is trading near its lower Bollinger Band.

Market Context & Positioning

Sector Performance: ROAD is outperforming the broader market sector.

Institutional Activity: Volume patterns suggest institutional interest in the stock.

Correlation Analysis: The stock has a moderate correlation with the broader market (R-squared = 0.39).

Relative Valuation: The stock is trading within its historical range, neither significantly undervalued nor overvalued.

Key Levels & Action Items

Critical Price Levels:

  • Support: $110.34
  • Resistance: $125.65

Breakout/Breakdown Levels:

  • Breakout above $125.65
  • Breakdown below $95.03

Time-Sensitive Catalysts: No specific catalysts are driving the stock price at this time.

Risk Management: Stop-loss levels and position sizing considerations suggest caution, as the stock is trading near its lower Bollinger Band.

By analyzing the technical indicators, recent news headlines, and risk metrics, we can conclude that ROAD is trading in a range-bound market with a slight bullish bias. While there are no significant catalysts driving the stock price, high volatility and bearish options activity may lead to larger-than-expected price swings. Investors should exercise caution and consider implementing risk management strategies to mitigate potential losses.

Generated
News
All ROAD news →
Earnings History
14 of 23 under expected move
Avg Expected Move
8.69%
Avg Actual Move
7.49%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2021-02-05 Pre-Market 13.18% 4.86% 0.37x Within
2021-05-07 Pre-Market 9.39% 4.71% 0.50x Within
2021-08-06 Pre-Market 2.59% 3.55% 1.37x Exceeded
2021-11-23 Pre-Market 9.66% 5.27% 0.55x Within
2022-02-04 Pre-Market 4.53% 4.38% 0.97x Within
2022-05-06 Pre-Market 6.11% 7.90% 1.29x Exceeded
2022-08-05 Pre-Market 3.39% 14.09% 4.16x Exceeded
2022-11-22 Pre-Market 5.04% 16.08% 3.19x Exceeded
2023-05-05 Pre-Market 8.13% 14.37% 1.77x Exceeded
2023-08-02 Pre-Market 8.33% 11.38% 1.37x Exceeded
2023-10-04 Pre-Market 8.57% 7.07% 0.82x Within
2023-11-29 Pre-Market 11.71% 1.26% 0.11x Within
2024-02-09 Pre-Market 9.97% 7.03% 0.71x Within
2024-05-10 Pre-Market 7.58% 3.03% 0.40x Within
2024-08-09 Pre-Market 9.91% 1.78% 0.18x Within
2024-11-21 Pre-Market 11.66% 6.07% 0.52x Within
2025-02-07 Pre-Market 9.80% 2.71% 0.28x Within
2025-05-09 Pre-Market 10.11% 3.55% 0.35x Within
2025-08-07 Pre-Market 8.83% 11.94% 1.35x Exceeded
2025-11-20 Pre-Market 7.29% 3.61% 0.50x Within
2026-02-05 Pre-Market 8.69% 11.22% 1.29x Exceeded
2026-05-08 Pre-Market 13.55% 6.94% 0.51x Within
2026-08-07 Pre-Market 11.78% 19.55% 1.66x Exceeded

Earnings calendar: this week’s reports with expected vs actual moves →

ROAD Options Activity & IV Rank

ROAD IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 63.1%
7-DTE IV: —
Expected Move: $12.20
7-DTE Move: $12.20
Days to Exp: 30 (2026-11-20)

Options Flow

Call Volume: 70
Put Volume: 34
P/C Volume: 0.486
BULLISH
Call OI: 385
Put OI: 575
P/C OI: 1.494
Total OI: 960

ATM Options Pricing

ATM Call: $6.25
ATM Put: $5.95
Call %: 7.4%
Put %: 7.0%

Chain Summary

Chain Volume: 608
Chain OI: 3,453
Last Updated: 10/21/2026
Spread Scanner GPU
Full Algorithm Docs ↗

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 23rd 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
23%
vs own history
GEX tilt
-0.51
OI-weighted, today
Vanna tilt
+0.36
δ-sensitivity to IV
Charm tilt
-0.38
δ-decay vs time
Vanna tilt +0.36: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.38: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

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.

· 24 ATM contracts, 1k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How 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 side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 21 · No data
30 DTE / 10d 1%
-5.6 pts EXTREME
as of Oct 21 · ATM 63.1% / Wing 57.5%

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)95.1HighOct 21
Straddle Price (30 DTE)$12.20Oct 21
Beta Analysis

Risk Metrics

Beta: 1.7772
Alpha: -49.71%
Correlation: 0.4319
R-Squared: 18.7%
Stock Volatility: 52.3%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own ROAD
3 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Millennium Management Hedge fund
Izzy Englander
$41.8M
0.03%
#704 of 3716+6079.1%13F
Citadel Hedge fund
Ken Griffin
$18.0M
0.01%
#1206 of 6285+21.8%13F
Rockefeller Capital Management Family office
Rockefeller family
$683K
0.00%
#1915 of 4729-2.0%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

ROAD Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 55,832,048 (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.

376 filers54,071,828 shares$6.34B value96.85% of float
# Filer Shares Value % of Total % of Float Period
1 FMR LLC Custodian 7,145,671 $848.69M 13.40% 12.80% 2026-06-30
2 BlackRock, Inc. Custodian 3,878,562 $460.66M 7.27% 6.95% 2026-06-30
3 Vanguard Group Inc Custodian 4,218,469 $457.91M 7.23% 7.56% 2025-12-31
4 Vanguard Capital Management LLC 2,005,206 $238.16M 3.76% 3.59% 2026-06-30
5 Vanguard Portfolio Management LLC 1,966,436 $233.55M 3.69% 3.52% 2026-06-30
6 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 1,525,495 $181.18M 2.86% 2.73% 2026-06-30
7 Conestoga Capital Advisors, LLC 1,358,962 $161.40M 2.55% 2.43% 2026-06-30
8 Geode Capital Management, LLC Custodian 1,280,636 $152.13M 2.40% 2.29% 2026-06-30
9 GENEVA CAPITAL MANAGEMENT LLC 1,243,976 $147.75M 2.33% 2.23% 2026-06-30
10 First Trust Advisors LP 1,221,338 $145.06M 2.29% 2.19% 2026-06-30
11 State Street Corp 1,174,019 $139.44M 2.20% 2.10% 2026-06-30
12 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 1,154,207 $137.09M 2.16% 2.07% 2026-06-30
13 Goldman Sachs Group Inc Custodian 1,062,342 $126.17M 1.99% 1.90% 2026-06-30
14 Capital World Investors 988,838 $117.44M 1.85% 1.77% 2026-06-30
15 Clearbridge Investments, LLC 912,417 $108.37M 1.71% 1.63% 2026-06-30
16 Allspring Global Investments Holdings, LLC 876,775 $95.66M 1.51% 1.57% 2026-06-30
17 WASATCH ADVISORS LP 1,059,115 $95.35M 1.51% 1.90% 2026-09-30
18 Dimensional Fund Advisors LP Custodian 717,522 $85.23M 1.35% 1.29% 2026-06-30
19 Invesco Ltd. Custodian 681,616 $80.96M 1.28% 1.22% 2026-06-30
20 Bank of America Corp Custodian 671,232 $79.72M 1.26% 1.20% 2026-06-30
21 Bank of New York Mellon Corp Custodian 658,818 $78.25M 1.24% 1.18% 2026-06-30
22 Driehaus Capital Management LLC 641,417 $76.18M 1.20% 1.15% 2026-06-30
23 Ameriprise Financial, Inc. Custodian 613,346 $72.85M 1.15% 1.10% 2026-06-30
24 LORD, ABBETT & CO. LLC 590,167 $70.09M 1.11% 1.06% 2026-06-30
25 T. Rowe Price Associates, Inc. 583,671 $69.32M 1.09% 1.05% 2026-06-30
8 filers$21.46M notional
# Filer Notional Value % of Total Period
1 Twin Tree Management, LP $7.52M 35.03% 2026-06-30
2 Susquehanna International Group, LLP Custodian $7.02M 32.71% 2026-06-30
3 Jane Street Group, LLC Custodian $3.21M 14.94% 2026-06-30
4 Citadel Advisors LLC Custodian $1.78M 8.30% 2026-06-30
5 Wolverine Trading, LLC Custodian $889.98K 4.15% 2025-09-30
6 Simplex Trading, LLC Custodian $486.96K 2.27% 2026-06-30
7 IMC-Chicago, LLC Custodian $427.57K 1.99% 2026-06-30
8 GROUP ONE TRADING LLC Custodian $130.65K 0.61% 2026-06-30
6 filers$12.63M notional
# Filer Notional Value % of Total Period
1 Jane Street Group, LLC Custodian $8.42M 66.67% 2026-06-30
2 Citadel Advisors LLC Custodian $1.21M 9.59% 2026-06-30
3 Wolverine Trading, LLC Custodian $991.69K 7.85% 2025-09-30
4 D. E. Shaw & Co., Inc. Custodian $867.02K 6.86% 2026-06-30
5 Susquehanna International Group, LLP Custodian $843.27K 6.68% 2026-06-30
6 Simplex Trading, LLC Custodian $296.93K 2.35% 2026-06-30

ROAD Insider Trading (Form 4)

Latest: 2026-10-13
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-10-13 Gregory A Hoffman SVP, Chief Financial Officer Award (A) +49 $76.53 $3.7K EDGAR
2026-10-13 Robert G Baugnon Senior VP, Personnel and Admin Award (A) +67 $76.53 $5.1K EDGAR
2026-10-13 Ned N Fleming III Director Other (J) −20,160 — EDGAR
2026-10-06 Gregory A Hoffman SVP, Chief Financial Officer Tax (F) −1,375 $90.03 -$123.8K EDGAR
2026-10-06 Robert G Baugnon Senior VP, Personnel and Admin Tax (F) −895 $90.03 -$80.6K EDGAR
2026-10-06 Ned N. Fleming IV Senior VP - Strategy & Bus Dev Tax (F) −625 $90.03 -$56.3K EDGAR
2026-10-06 Judson Ryan Brooks SVP and General Counsel Tax (F) −774 $90.03 -$69.7K EDGAR
2026-10-06 Fred Julius Smith III President and CEO Tax (F) −2,903 $90.03 -$261.4K EDGAR
2026-08-31 Judson Ryan Brooks SVP and General Counsel Gift (G) −100 — EDGAR
2026-08-10 Gregory A Hoffman SVP, Chief Financial Officer Award (A) — — EDGAR
2026-08-10 Judson Ryan Brooks SVP and General Counsel Award (A) — — EDGAR
2026-08-10 Robert G Baugnon Senior VP, Personnel and Admin Award (A) — — EDGAR
2026-08-10 Ned N. Fleming IV Senior VP - Strategy & Bus Dev Award (A) — — EDGAR
2026-08-10 Fred Julius Smith III President and CEO Award (A) — — EDGAR
2026-07-06 Robert G Baugnon Senior VP, Personnel and Admin Award (A) +53 $95.97 $5.1K 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.

ROAD Insider Holdings

15 insiders · @ $84.94
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 John L Harper Senior Vice President 160,389 $13.62M -$4.82M 26 2025-04-15
2 Charles E Owens President and CEO 118,813 $10.09M -$23.63M 8 2024-12-11
3 Ned N Fleming III Director 118,643 $10.08M -$459.35M 17 2026-10-13
4 Michael Brett Armstrong Senior Vice President 59,358 $5.04M $0 12 2025-03-06
5 Ned N. Fleming IV Senior VP - Strategy & Bus Dev 52,672 $4.47M $689.1K 17 2026-10-06
6 Robert P. Flowers Senior Vice President 46,601 $3.96M -$2.88M 17 2025-04-15
7 Stefan L Shaffer Director 40,261 $3.42M -$729.2K 7 2025-12-29
8 Gregory A Hoffman SVP, Chief Financial Officer 38,891 $3.30M $0 18 2026-10-13
9 Craig Jennings Director 30,731 $2.61M -$11.81M 9 2025-03-06
10 Noreen E Skelly Director 28,434 $2.42M -$729.1K 8 2025-03-06
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.

ROAD Board & Officers

As of SEC filings through Oct 13, 2026

Directors 6

Officers 5

10% owners 1

Changes in the last 10 years (59)
Aug 10, 2026Ned N. Fleming IV first listed as Senior VP - Strategy & Bus Dev in an SEC filing
Nov 20, 2025Judson Ryan Brooks listed as SVP and General Counsel (previously Senior Vice President, Legal) in SEC filings
Nov 20, 2025Gregory A Hoffman listed as SVP, Chief Financial Officer (previously Senior VP, Finance) in SEC filings
May 8, 2025Robert G Baugnon became Senior VP, Personnel and Admin
May 24, 2024Charles E Owens no longer listed as President and CEO in SEC filings
Dec 22, 2023SunTx Capital II Management Corp. first listed as a director in an SEC filing
Dec 15, 2023Mark R Matteson first listed as a 10% owner in an SEC filing
Dec 13, 2023Craig Jennings first listed as a 10% owner in an SEC filing
Sep 14, 2022SunTx Capital II Management Corp. no longer listed as a director in SEC filings
Sep 14, 2022Mark R Matteson no longer listed as a 10% owner in SEC filings
Sep 14, 2022Craig Jennings no longer listed as a 10% owner in SEC filings
May 11, 2022Mark R Matteson first listed as a 10% owner in an SEC filing
May 11, 2022Craig Jennings first listed as a 10% owner in an SEC filing
Jan 14, 2022Fred Julius Smith III first listed as a director in an SEC filing
Dec 17, 2021Suntx Capital Partners II LP first on file as a director
Dec 17, 2021Suntx Capital Partners II LP first on file as a 10% owner
Dec 17, 2021Suntx Capital Partners II Dutch Investors LP first on file as a director
Dec 17, 2021Suntx Capital Partners II Dutch Investors LP first on file as a 10% owner
Dec 17, 2021SunTx Capital II Management Corp. first on file as a director
Dec 17, 2021SunTx Capital II Management Corp. first on file as a 10% owner
Not reported recently (17)
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.

ROAD Proposed Insider Sales (Form 144)

Latest: 2025-05-13
Last 30d: 0 filings  ·  Last 90d: 0 filings

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2025-05-13 Harper John L no longer officer/last day 05/08/2025 7,472 $754.2K 2025-05-13 Merrill Lynch — EDGAR
2024-12-20 Todd K. Andrews Officer 5,489 $504.1K 2024-12-20 Ameriprise Financial Services, L… — EDGAR
2024-12-13 Harper John L Officer 6,000 $566.2K 2024-12-13 Merrill Lynch — EDGAR
2024-12-09 Craig Jennings Director 12,731 $1.27M 2024-12-09 Messick Peacock & Associates — EDGAR
2024-12-04 Grace Ltd. Affiliate 25,000 — 2024-12-04 Charles Schwab & Co., Inc. — EDGAR
2024-11-25 Flowers Robert P. Officer 25,000 $2.53M 2024-11-25 Merrill Lynch — EDGAR
2024-08-22 Matteson Mark R affiliate 120,000 $7.37M 2024-08-22 Charles Schwab Corporation — EDGAR
2024-06-13 Shaffer Stefan L Director 2,500 — 2024-06-13 JW Cole — EDGAR
2024-05-29 NNFIII ROAD, LLC Affiliate(1) 300,000 $17.84M 2024-05-29 JP Morgan Securities LLC — EDGAR
2024-05-20 Skelly Noreen E Director 2,500 $139.5K 2024-05-20 Charles Schwab Corporation — 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
90 ETFs hold ROAD
25 shown · $1.11B total exposure · 0.18% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 IJR iShares Core S&P Small-Cap ETF iShares (BlackRock) 0.23% $242.3M $103.1B 2026-10-20
2 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.01% $138.1M — 2026-09-30
3 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.14% $103.1M $75.1B 2026-10-20
4 AIRR First Trust RBA American Industrial Renaissance® ETF First Trust 1.17% $99.4M $8.5B 2026-10-20
5 VB Vanguard Morningstar Small-Cap ETF Vanguard 0.06% $97.7M — 2026-09-30
6 VBK Vanguard Morningstar Small-Cap Growth ETF Vanguard 0.12% $54.4M — 2026-09-30
7 VXF Vanguard Extended Market ETF Vanguard 0.05% $48.9M — 2026-09-30
8 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.28% $37.6M $13.6B 2026-10-20
9 IJT iShares S&P Small-Cap 600 Growth ETF iShares (BlackRock) 0.50% $37.6M $7.6B 2026-10-20
10 SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF SPDR (State Street) 0.24% $37.1M $15.7B 2026-10-20
11 PAVE Global X U.S. Infrastructure Development ETF Global X 0.27% $36.5M — 2026-10-21
12 SCHA Schwab U.S. Small-Cap ETF Nport 0.12% $26.8M — 2026-05-31
13 DFAS Dimensional US Small Cap ETF Dimensional 0.08% $26.3M — 2026-10-20
14 VTWO Vanguard Russell 2000 ETF Vanguard 0.14% $25.3M — 2026-09-30
15 SLYG State Street® SPDR® S&P 600™ Small Cap Growth ETF SPDR (State Street) 0.50% $23.2M $4.6B 2026-10-20
16 VIOO Vanguard S&P Small-Cap 600 ETF Vanguard 0.25% $15.4M — 2026-09-30
17 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.01% $10.9M — 2026-10-20
18 FFSM Fidelity Fundamental Small-Mid Cap ETF Nport 0.70% $10.5M — 2026-07-31
19 IFRA iShares U.S. Infrastructure ETF iShares (BlackRock) 0.16% $6.4M $4.0B 2026-10-20
20 VIS Vanguard Industrials ETF Vanguard 0.07% $5.6M — 2026-09-30
21 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.01% $5.2M $97.4B 2026-10-20
22 VIOG Vanguard S&P Small-Cap 600 Growth ETF Vanguard 0.50% $5.0M — 2026-10-20
23 DFMC Dimensional US Micro Cap ETF Dimensional 0.07% $5.0M — 2026-10-20
24 VTWG Vanguard Russell 2000 Growth ETF Vanguard 0.28% $4.7M — 2026-09-30
25 DUSG Dimensional US Small Cap Growth ETF Dimensional 0.22% $4.2M — 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
$2.28
TTM Revenue
$3.26B
TTM Net Income
$127.00M
TTM Op. Cash Flow
$342.78M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '262026-03-31$769.20M$9.18M$0.16$65.21M
Q1 '262025-12-31$809.47M$17.20M$0.31$82.57M
Q4 '252025-09-30$899.85M$56.57M$1.02$111.98M
Q3 '252025-06-30$779.28M$44.05M$0.79$83.02M
Q2 '252025-03-31$571.65M$4.21M$0.08$55.63M
Q1 '252024-12-31$561.58M$-3.05M$-0.06$40.66M
Q4 '242024-09-30$538.16M$29.31M$0.56$95.90M
Q3 '242024-06-30$517.79M$30.91M$0.59$34.63M
Q2 '242024-03-31$371.43M$-1.12M$-0.02$18.17M
Q1 '242023-12-31$396.50M$9.84M$0.19$60.38M
Q4 '232023-09-30$475.03M$30.91M$0.59$62.62M
Q3 '232023-06-30$421.89M$21.68M$0.41$48.85M
Q2 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
37.25
P/B
4.84
P/S
1.46
EV/EBITDA
14.20
EV/Sales
1.96
ROE
13.0%
ROA
3.7%
Div Yield
0.00%
FCF Yield
7.23%
Debt/Equity
1.75
Current Ratio
—
Market Cap
$4.74B
as of 2026-10-21
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
3.21M
SI % of Float
6.85%
Days to Cover
4.59
Short Vol Ratio
74.5%
Free Float
46.84M
Float %
97.6%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-05-15