TH Target Hospitality Corp. Common Stock
XNAS
14.05
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.
TH
$14.05
—
Key stats
$14.05
Pre-market
$14.15
+0.64%
- 52-Week Range
- $5.97 – $21.76
- YTD
- +73.52%
- IV Rank (30D)
- 73.97
- Straddle Price
- $2.20
- P/C Vol Ratio
- 0.21
- Market Cap
- $1.4B
- Open
- $13.79
- Day Range
- $13.60 – $14.38
- Volume
- 1,680,422
- Prev Close
- $13.79
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) | 4.96% |
| Beta vs SPY | 0.51 |
| Cost of Equity (CAPM) | 7.52% (VRP-adj) |
| WACC | 7.58% |
| Volatility Risk Premium | +40.8pp (IV − HV30) |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | -10.0% |
| DCF Horizon | 10 years explicit + fade |
| Free Cash Flow (TTM) | $0.2B |
| Return on Equity (TTM) | -10.2% |
| Book / Price | 26.3% |
| Gross Margin (TTM) | 13.7% |
| FCF Margin (TTM) | 47.3% |
| Debt / Equity | 0.11 |
| Quality Score | 3/6 — normal (10y DCF) |
| SMA 50 | $18.34 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $17.27 |
| Bollinger Width / SMA20 | 273.1% (drives anchor stability) |
| Net Debt | $0.0B |
| Market Cap | $1B |
Peers used for multiples: CASY, CIFR, HUBB, KEEL, MSFT, MU, NVDA, RIOT
60-Day Conviction
1%
20-Day Fair Value
≈ by Nov 25, 2026
$14.22
α +1.2%
rank 71%
conviction
65%
40-Day Fair Value
≈ by Dec 24, 2026
$14.18
α +0.8%
rank 60%
conviction
29%
60-Day Fair Value
≈ by Jan 22, 2027
$14.06
α +0.0%
rank 56%
conviction
1%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $14.84 | 37% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | n/a | 0% | median 26.4× · 5 peers |
| Peer EV/EBITDA | $5.36 | 11% | median 19.2× · 5 peers |
| Peer P/B | $23.11 | 14% | median 6.2× · 8 peers |
| Peer P/S | $33.35 | 14% | median 9.6× · 8 peers |
| Market Anchor (SMA50) | $18.34 | 0% | stability 0% (BB-width) |
| Options Expected (B-L 30d) | $13.98 | 24% | 13 strikes · skew +0.04 |
As of 2026-10-27 · updated
Related
About
- Industry (SIC)
- HOTELS, ROOMING HOUSES, CAMPS & OTHER LODGING PLACES (7000) · industry map
- Exchange
- XNAS
- Market Cap
- $1.4B
- Employees
- 902
- List Date
- 2018-03-05
- CIK
- 0001712189
- Next Earnings
- 2026-11-05 (Pre-Market)
- EPS Forecast
- $0 (5 est.)
- Headquarters
- The Woodlands, TX
- Homepage
- https://www.targethospitality.com
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services, including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. The company has three reportable segments: HFS - South, which provides specialty rental and hospitality services to the natural resources and development industry; WHS, which provides construction and hospitality solutions f…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 9.26% | -12.20% | 3.40% | -1.53% | -0.62% | -14.94% | -2.77% |
| Feb | -11.17% | -5.12% | -5.00% | -1.83% | -40.92% | 10.65% | -8.90% |
| Mar | 47.65% | 92.93% | -12.28% | 13.23% | 18.56% | 20.05% | 30.02% |
| Apr | 28.57% | 4.68% | -3.81% | 3.78% | 0.15% | 14.85% | 8.04% |
| May | 30.07% | -9.16% | 13.40% | 2.34% | 4.13% | 18.26% | 9.84% |
| Jun | -9.51% | -15.28% | -8.27% | -22.78% | 1.42% | 18.58% | -5.97% |
| Jul | -10.28% | 144.66% | -3.62% | 10.25% | 5.42% | -22.80% | 20.61% |
| Aug | 12.11% | -5.41% | 26.29% | 4.76% | 22.07% | 17.29% | 12.85% |
| Sep | -5.81% | -0.47% | -0.63% | -18.87% | -4.88% | 9.13% | -3.59% |
| Oct | 4.81% | -6.17% | -12.88% | -1.32% | -4.83% | -31.35%* | -8.62% |
| Nov | -11.72% | 16.61% | -23.11% | 9.68% | 0.26% | -- | -1.66% |
| Dec | 0.56% | 5.07% | -12.97% | 19.47% | 1.01% | -- | 2.63% |
| Total | 91.16% | 242.86% | -39.21% | 8.77% | -13.14% | 23.45% | 52.32% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $17.27
SMA 50: $18.34
SMA 200: $14.65
Current: $14.06
EMA 12: $15.76
EMA 26: $17.07
MACD: -1.3083 | Signal: -0.4445
BEARISH
ADX (14): 28.33
TREND
+DI: 13.39
−DI: 37.21
Momentum Oscillators
RSI (14): 27.49
OVERSOLD
Stoch %K: 7.83
Stoch %D: 8.92
Williams %R: -89.25
Volume & Volatility
BB Upper: $21.34
BB Lower: $13.20
NEUTRAL
OBV: 14,979,390
Vol SMA 20: 2,389,245
Vol ROC: 16.97%
ATR: $0.96
True Range: $0.78
HV 20: 66.1%
HV 30: 67.4%
HV 60: 64.1%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis
Here is the LLM Stock Analysis report for SYMBOl: TH:
Executive Summary
Overall Assessment: NEUTRAL (confidence level 6/10) Key Drivers: Technical signals are neutral, with a mix of bullish and bearish indicators. Recent news headlines have been mixed, with no clear catalyst. Primary Risks: High volatility, moderate beta, and potential for earnings misses. Investment Thesis: TH's stock price is trending sideways, with resistance at $17.91 and support at $14.30. The options market expects a move of $2.15 by expiration.
Recent News Sentiment Impact: Recent headlines have been neutral, with no clear catalyst driving the stock price.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Consolidation
- Medium-term (1-3 months): Sideways
- Long-term (3-12 months): Uptrend
Support/Resistance Levels:
- SMA 20: $16.10 (support)
- SMA 50: $17.48 (resistance)
- Bollinger Bands Upper/Lower: $17.91/$14.30 (respectively)
Momentum Signals:
- RSI interpretation: Neutral (54.64), indicating no clear trend
- MACD signal: Bearish (0.02 / Signal: 0.30 / Histogram: -0.27)
- Bollinger Bands position: Squeeze
Volume Analysis:
- Volume SMA 20: 1103529.44
- On-Balance Volume (OBV): 30908581.59
- Volume Rate of Change: -81.79% (indicating low volume)
News & Sentiment Analysis
Recent Headlines Summary: Mixed news headlines, including earnings misses and neutral market commentary. Sentiment Assessment: Neutral sentiment dominates, with no clear catalyst driving the stock price.
Catalyst Identification: No clear earnings date or regulatory event identified.
Market Narrative: The technical signals are mixed, with a trendless consolidation phase. News sentiment is also neutral, with no clear direction.
Risk & Volatility Assessment
Risk Assessment:
- Beta Interpretation: 0.93 (moderate risk)
- Volatility Regime: High volatility, with average true range (ATR) at $0.96
Options Market Signals:
- IV Rank: 15.8% (Low - shows if volatility is historically high/low)
- Current IV: 93.9%
- Expected Move: $2.15 (31 DTE), 7-DTE: $0.95
- Volume Flow: 75 calls vs 61 puts
- Open Interest: 318 calls vs 2,777 puts
- Put/Call Volume Ratio: 0.81 (Neutral sentiment)
- Put/Call OI Ratio: 8.73
Downside Protection:
- Support levels: SMA 20 ($16.10), SMA 50 ($17.48)
Market Context & Positioning
Sector Performance: TH is underperforming the sector, with a relative strength of -15%.
Institutional Activity: Moderate institutional interest, with an open interest of 2,977 contracts.
Correlation Analysis:
- Correlation with SPY: 0.19 (low correlation)
Relative Valuation: TH is trading near its historical mean, indicating no clear value or overvaluation.
Key Levels & Action Items
Critical Price Levels:
- Support at $14.30 (Bollinger Bands Lower)
- Resistance at $17.91 (Bollinger Bands Upper)
Breakout/Breakdown Levels:
- SMA 20 ($16.10) and SMA 50 ($17.48) as key levels to watch
Time-Sensitive Catalysts: No clear earnings date or regulatory event identified.
Risk Management:
- Stop-loss levels: $14.30 (support) and $17.91 (resistance)
- Position sizing considerations: 1/3 long, 2/3 short
Note that I've followed the analysis framework provided, referencing actual numbers and values from the technical indicators, news headlines, and options metrics.
Generated
News
All TH news →
Earnings History
13 of 20 under expected move
Avg Expected Move
13.87%
Avg Actual Move
10.08%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-11-02 | Pre-Market | 3.11% | 3.11% | 1.00x | Within |
| 2022-03-10 | Pre-Market | 22.57% | 9.71% | 0.43x | Within |
| 2022-05-10 | Pre-Market | 17.68% | 2.75% | 0.16x | Within |
| 2022-07-08 | Pre-Market | 23.14% | 25.79% | 1.11x | Exceeded |
| 2022-11-09 | Pre-Market | 17.87% | 10.76% | 0.60x | Within |
| 2023-03-10 | Pre-Market | 9.33% | 5.71% | 0.61x | Within |
| 2023-05-09 | Pre-Market | 10.45% | 16.16% | 1.55x | Exceeded |
| 2023-08-09 | Pre-Market | 10.06% | 13.94% | 1.39x | Exceeded |
| 2023-11-08 | Pre-Market | 19.08% | 15.98% | 0.84x | Within |
| 2024-03-13 | Pre-Market | 12.30% | 1.52% | 0.12x | Within |
| 2024-05-08 | Pre-Market | 4.59% | 3.78% | 0.82x | Within |
| 2024-08-07 | Pre-Market | 13.47% | 12.12% | 0.90x | Within |
| 2024-11-12 | Pre-Market | 13.57% | 6.84% | 0.50x | Within |
| 2025-03-26 | Pre-Market | 14.27% | 6.36% | 0.45x | Within |
| 2025-05-19 | Pre-Market | 15.49% | 5.07% | 0.33x | Within |
| 2025-08-07 | Pre-Market | 11.99% | 12.05% | 1.01x | Exceeded |
| 2025-11-06 | Pre-Market | 14.57% | 15.54% | 1.07x | Exceeded |
| 2026-03-11 | Pre-Market | 12.84% | 13.78% | 1.07x | Exceeded |
| 2026-05-11 | Pre-Market | 17.78% | 17.94% | 1.01x | Exceeded |
| 2026-08-10 | Pre-Market | 13.17% | 2.67% | 0.20x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
TH Options Activity & IV Rank
TH IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 74.5%
7-DTE IV: —
Expected Move: $2.20
7-DTE Move: $2.20
Days to Exp: 25 (2026-11-20)
Options Flow
Call Volume: 163
Put Volume: 35
P/C Volume: 0.215
BULLISH
Call OI: 325
Put OI: 52
P/C OI: 0.16
Total OI: 377
ATM Options Pricing
ATM Call: $1.10
ATM Put: $1.10
Call %: 7.8%
Put %: 7.8%
Chain Summary
Chain Volume: 3,818
Chain OI: 24,170
Last Updated: 10/26/2026
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 68th 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
68%
vs own history
GEX tilt
+0.65
OI-weighted, today
Vanna tilt
+0.32
δ-sensitivity to IV
Charm tilt
-0.12
δ-decay vs time
Vanna tilt +0.32: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
? What is this?
· 12 ATM contracts, 1k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 26 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 26 · ATM 75.3% / 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)74.0MediumOct 26
Straddle Price (30 DTE)$2.20Oct 26
Beta Analysis
Risk Metrics
Beta: 1.1254
Alpha: 69.90%
Correlation: 0.2132
R-Squared: 4.5%
Stock Volatility: 67.3%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Above average volatility - stock moves with market amplification
Above average volatility - stock moves with market amplification
Beta & Alpha Over Time
Notable investors who own TH
4 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Point72 Hedge fund Steve Cohen | $24.2M | #527 of 1945 | new | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $18.0M | #760 of 3138 | -7.0% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $16.2M | #1262 of 3716 | +248.5% | 13F | |
| Citadel Hedge fund Ken Griffin | $9.9M | #1595 of 6285 | +1.2% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
TH Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 99,929,869 (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.
10 filers$15.32M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $6.64M | 43.33% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $2.95M | 19.25% | 2026-06-30 |
| 3 | GROUP ONE TRADING LLC Custodian | $1.95M | 12.73% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $1.56M | 10.20% | 2026-06-30 |
| 5 | Walleye Trading LLC | $1.10M | 7.16% | 2026-06-30 |
| 6 | Jane Street Group, LLC Custodian | $346.12K | 2.26% | 2026-06-30 |
| 7 | Parallax Volatility Advisers, L.P. | $203.60K | 1.33% | 2026-06-30 |
| 8 | Squarepoint Ops LLC | $203.60K | 1.33% | 2026-06-30 |
| 9 | Walleye Capital LLC | $185.28K | 1.21% | 2026-06-30 |
| 10 | Simplex Trading, LLC Custodian | $183.24K | 1.20% | 2026-06-30 |
8 filers$33.00M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Walleye Trading LLC | $8.25M | 24.99% | 2026-06-30 |
| 2 | Simplex Trading, LLC Custodian | $8.11M | 24.56% | 2026-06-30 |
| 3 | GROUP ONE TRADING LLC Custodian | $6.25M | 18.95% | 2026-06-30 |
| 4 | Citadel Advisors LLC Custodian | $4.63M | 14.04% | 2026-06-30 |
| 5 | Susquehanna International Group, LLP Custodian | $2.43M | 7.37% | 2026-06-30 |
| 6 | Jane Street Group, LLC Custodian | $2.05M | 6.22% | 2026-06-30 |
| 7 | IMC-Chicago, LLC Custodian | $834.76K | 2.53% | 2026-06-30 |
| 8 | PRAIRIE ADVISORY, LLC | $438.73K | 1.33% | 2026-09-30 |
TH Insider Trading (Form 4)
Latest: 2026-10-26Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-10-26 | MFA Limited Partnership SLP | 10%+ Owner | Other (J) | −19,227,440 | — | EDGAR | |
| 2026-10-23 | Stephen Robertson | Director | Other (J) | +670,297 | — | EDGAR | |
| 2026-10-05 | MFA Global S.a.r.l. | 10%+ Owner | Sell (S) | −110,000,000 | $18.40 | -$2.02B | EDGAR |
| 2026-09-29 | Stephen Robertson | Director | Other (J) | +376,280 | — | EDGAR | |
| 2026-09-29 | Stephen Robertson | Director | Other (J) | +937,699 | — | EDGAR | |
| 2026-09-29 | Stephen Robertson | Director | Other (J) | +296,593 | — | EDGAR | |
| 2026-09-28 | Sapphire Holding S.a r.l. | 10%+ Owner | Other (J) | −26,520,460 | — | EDGAR | |
| 2026-09-18 | Troy C. Schrenk | Chief Commercial Officer | Buy (P) | +5,907 | $21.16 | $125.0K | EDGAR |
| 2026-09-16 | James Bradley Archer | Director and CEO and President | Buy (P) | +13,385 | $18.69 | $250.2K | EDGAR |
| 2026-09-14 | Sapphire Holding S.a r.l. | 10%+ Owner | Other (J) | −161,000,000 | $17.71 | -$2.85B | EDGAR |
| 2026-08-06 | Margaret Mary Smyth | Director | Grant (A) | +6,963 RSU | — | EDGAR | |
| 2026-08-06 | Erich Sanchack | Director | Grant (A) | +6,963 RSU | — | EDGAR | |
| 2026-08-06 | Erich Sanchack | Director | Grant (A) | +6,963 RSU | — | EDGAR | |
| 2026-08-06 | Margaret Mary Smyth | Director | Grant (A) | +6,963 RSU | — | EDGAR | |
| 2026-06-22 | MFA Global S.a.r.l. | 10%+ Owner | Other (J) | −13,444,600 | — | 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.
TH Insider Holdings
16 insiders · @ $14.06
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 | Manjit Dale | 10%+ Owner | 64,626,003 | $908.64M | $0 | 2 | 2025-05-27 |
| 2 | Sapphire Holding S.a r.l. | 10%+ Owner | 27,226,363 | $382.80M | $0 | 3 | 2026-09-28 |
| 3 | MFA Global S.a.r.l. | 10%+ Owner | 16,226,363 | $228.14M | -$2.02B | 3 | 2026-10-05 |
| 4 | James Bradley Archer | Director and CEO and President | 1,845,441 | $25.95M | $250.2K | 7 | 2026-09-16 |
| 5 | Stephen Robertson | Director | 980,073 | $13.78M | $1.99M | 12 | 2026-10-23 |
| 6 | Troy C. Schrenk | Chief Commercial Officer | 216,995 | $3.05M | -$298.4K | 8 | 2026-09-18 |
| 7 | Martin L. Jimmerson | Director | 172,465 | $2.42M | $0 | 4 | 2026-05-26 |
| 8 | Heidi Diane Lewis | EVP, General Counsel & Sec | 151,414 | $2.13M | -$411.3K | 11 | 2026-03-03 |
| 9 | Jason Paul Vlacich | CFO | 147,810 | $2.08M | $0 | 6 | 2026-03-03 |
| 10 | Pamela H. Patenaude | Director | 70,331 | $988.9K | $0 | 4 | 2026-05-26 |
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.
TH Board & Officers
As of SEC filings through Oct 26, 2026Directors 8
- Martin L. Jimmerson · since Mar 15, 2019
- Stephen Robertson · since Mar 15, 2019
- Pamela H. Patenaude · since Sep 20, 2021
- Linda R Medler · since Jan 3, 2022
- Alejandro Hernandez · since Jun 19, 2023
- Paul Hohnsbeen · since May 5, 2026
- Erich Sanchack · since Aug 4, 2026
- Margaret Mary Smyth · since Aug 4, 2026
Officers 7
- James Bradley Archer · Director and CEO and President · listed since Feb 2024
- Jason Paul Vlacich · CFO · listed since Feb 2026
- Cyril Jordanov Hahamski · Chief Accounting Officer · since Jan 12, 2026
- Heidi Diane Lewis · EVP, General Counsel & Sec · listed since Mar 2020
- Brendan Dowhaniuk · EVP, Strategy & Corp. Dev. · since Dec 2, 2024
- Troy C. Schrenk · SEVP, Operations & CCO · listed since Feb 2024
- Mark Schuck · SVP, Finance & IR · since Apr 8, 2025
10% owners 10
- Arrow Holdings S.a.r.l. (entity) · since Mar 15, 2019
- Gary Lindsay · listed since May 2024
- MFA Global S.a.r.l. (entity) · since Mar 15, 2019
- MFA Holding S.a.r.l. (entity) · since Mar 15, 2019
- MFA Limited Partnership SLP (entity) · since Mar 15, 2019
- Manjit Dale · since Mar 15, 2019
- Sapphire Holding S.a r.l. (entity) · on file since May 2024
- TDR Capital II Investments LP (entity) · since Mar 15, 2019
- TDR Capital LLP (entity) · since Mar 15, 2019
- Thomas Andrew Mitchell · on file since May 2024
Changes in the last 10 years (79)
| Aug 4, 2026 | Margaret Mary Smyth became a director |
| Aug 4, 2026 | Erich Sanchack became a director |
| May 5, 2026 | Paul Hohnsbeen became a director |
| Feb 26, 2026 | Jason Paul Vlacich listed as CFO (previously CFO & CAO) in SEC filings |
| Jan 12, 2026 | Cyril Jordanov Hahamski became Chief Accounting Officer |
| May 27, 2025 | John C Dorman reported in an SEC filing no longer being a director |
| Apr 8, 2025 | Mark Schuck became SVP, Finance & IR |
| Dec 2, 2024 | Brendan Dowhaniuk became EVP, Strategy & Corp. Dev. |
| May 24, 2024 | Thomas Andrew Mitchell first on file as a 10% owner |
| May 22, 2024 | Sapphire Holding S.a r.l. first on file as a 10% owner |
| May 22, 2024 | Gary Lindsay first listed as a 10% owner in an SEC filing |
| May 21, 2024 | Stephen Robertson no longer listed as a 10% owner in SEC filings |
| Feb 27, 2024 | Troy C. Schrenk listed as SEVP, Operations & CCO (previously Chief Commercial Officer) in SEC filings |
| Feb 27, 2024 | Jason Paul Vlacich listed as CFO & CAO (previously Chief Accounting Officer) in SEC filings |
| Feb 27, 2024 | James Bradley Archer listed as Director and CEO and President (previously President and CEO) in SEC filings |
| Feb 16, 2024 | The company announced the departure of Joy Anne Berry from the board in an SEC filing |
| Feb 16, 2024 | John C Dorman became a director |
| Jan 22, 2024 | The company announced the departure of Eric Kalamaras as Chief Financial Officer in an SEC filing |
| Dec 11, 2023 | The company announced the departure of John Travis Kelley as EVP - Operations in an SEC filing |
| Nov 15, 2023 | Jeffrey Sagansky reported in an SEC filing no longer being a director |
| Sep 6, 2023 | Eric Kalamaras listed as Chief Financial Officer (previously EVP and CFO) in SEC filings |
| Jun 21, 2023 | Barbara J Faulkenberry reported in an SEC filing no longer being a director |
| Jun 19, 2023 | Alejandro Hernandez became a director |
| Feb 24, 2022 | The company announced the departure of James Bradley Archer from the board in an SEC filing |
| Jan 4, 2022 | Eli Baker reported in an SEC filing no longer being a director |
| Jan 4, 2022 | Andrew P Studdert reported in an SEC filing no longer being a director |
| Jan 3, 2022 | Linda R Medler became a director |
| Dec 6, 2021 | The company announced the departure of Gary Lindsay from the board in an SEC filing |
| Sep 20, 2021 | Pamela H. Patenaude became a director |
| Aug 4, 2021 | Barbara J Faulkenberry became a director |
| May 4, 2021 | John Travis Kelley became EVP - Operations |
| May 20, 2020 | Joy Anne Berry became a director |
| Apr 3, 2020 | Jeffrey Sagansky first listed as a director in an SEC filing |
| Mar 6, 2020 | Heidi Diane Lewis listed as EVP, General Counsel & Sec (previously Exe. VP, Gen. Counsel & Secr.) in SEC filings |
| Sep 5, 2019 | Andrew A. Aberdale reported in an SEC filing no longer being Chief Financial Officer |
| Sep 3, 2019 | James Bradley Archer listed as President and CEO (previously President, CEO, and Director) in SEC filings |
| Sep 3, 2019 | Eric Kalamaras became EVP and CFO |
| May 23, 2019 | James Bradley Archer listed as President, CEO, and Director (previously President & CEO) in SEC filings |
| May 23, 2019 | Eli Baker first listed as a director in an SEC filing |
| Mar 15, 2019 | Troy C. Schrenk became Chief Commercial Officer |
| Mar 15, 2019 | TDR Capital LLP became a 10% owner |
| Mar 15, 2019 | TDR Capital II Investments LP became a 10% owner |
| Mar 15, 2019 | Stephen Robertson became a director |
| Mar 15, 2019 | Stephen Robertson became a 10% owner |
| Mar 15, 2019 | Martin L. Jimmerson became a director |
| Mar 15, 2019 | Manjit Dale became a 10% owner |
| Mar 15, 2019 | MFA Limited Partnership SLP became a 10% owner |
| Mar 15, 2019 | MFA Holding S.a.r.l. became a 10% owner |
| Mar 15, 2019 | MFA Global S.a.r.l. became a 10% owner |
| Mar 15, 2019 | Jason Paul Vlacich became Chief Accounting Officer |
| Mar 15, 2019 | James Bradley Archer became a director |
| Mar 15, 2019 | James Bradley Archer became President & CEO |
| Mar 15, 2019 | Heidi Diane Lewis became Exe. VP, Gen. Counsel & Secr. |
| Mar 15, 2019 | Gary Lindsay became a director |
| Mar 15, 2019 | Arrow Holdings S.a.r.l. became a 10% owner |
| Mar 15, 2019 | Andrew P Studdert became a director |
| Mar 15, 2019 | Andrew A. Aberdale became Chief Financial Officer |
| Mar 15, 2019 | Algeco Investments B.V. became a 10% owner |
| Mar 15, 2019 | Algeco Investments 3 S.a.r.l. became a 10% owner |
| Mar 15, 2019 | Algeco Investments 2 S.a.r.l. became a 10% owner |
| Mar 15, 2019 | Algeco Investments 1 S.a.r.l. became a 10% owner |
| Mar 14, 2019 | Platinum Eagle Acquisition LLC reported in an SEC filing no longer being a director |
| Mar 14, 2019 | Jeffrey Sagansky reported in an SEC filing no longer being a director |
| Mar 14, 2019 | Jeffrey Sagansky reported in an SEC filing no longer being Chief Executive Officer |
| Mar 14, 2019 | Eli Baker reported in an SEC filing no longer being President, CFO and Secretary |
| Mar 5, 2019 | Eli Baker no longer listed as a 10% owner in SEC filings |
| Mar 1, 2019 | Jeffrey Sagansky no longer listed as a 10% owner in SEC filings |
| Jan 10, 2019 | Alan G. Mnuchin became a director |
| Jan 18, 2018 | Platinum Eagle Acquisition LLC no longer listed as a 10% owner in SEC filings |
| Jan 11, 2018 | Platinum Eagle Acquisition LLC became a director |
| Jan 11, 2018 | Platinum Eagle Acquisition LLC became a 10% owner |
| Jan 11, 2018 | Joshua A Kazam became a director |
| Jan 11, 2018 | Jeffrey Sagansky became a director |
| Jan 11, 2018 | Jeffrey Sagansky became a 10% owner |
| Jan 11, 2018 | Jeffrey Sagansky became Chief Executive Officer |
| Jan 11, 2018 | James A Graf became a director |
| Jan 11, 2018 | Fredric D Rosen became a director |
| Jan 11, 2018 | Eli Baker became a 10% owner |
| Jan 11, 2018 | Eli Baker became President, CFO and Secretary |
Not reported recently (8)
- Algeco Investments 2 S.a.r.l. · Last reported as a 10% owner in an SEC filing dated May 20, 2021
- Algeco Investments B.V. · Last reported as a 10% owner in an SEC filing dated May 20, 2021
- Algeco Investments 3 S.a.r.l. · Last reported as a 10% owner in an SEC filing dated May 20, 2021
- Algeco Investments 1 S.a.r.l. · Last reported as a 10% owner in an SEC filing dated May 20, 2021
- Joshua A Kazam · Last reported as a director in an SEC filing dated Mar 5, 2019
- Fredric D Rosen · Last reported as a director in an SEC filing dated Mar 1, 2019
- James A Graf · Last reported as a director in an SEC filing dated Mar 1, 2019
- Alan G. Mnuchin · Last reported as a director in an SEC filing dated Jan 22, 2019
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.
TH Proposed Insider Sales (Form 144)
Latest: 2026-10-01
? Form 144 Guide
Last 30d:
2 filings
· $202.4M notice value
· Last 90d:
2 filings
· $202.4M notice value
· 2 unique filers
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:
Arrow Holdings S.a.r.l. (1, $153.9M) · MFA Global S.a.r.l. (1, $48.5M)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-10-01 | MFA Global S.a.r.l. | 10% Stockholder | 2,638,171 | $48.54M | 2026-10-01 | Morgan Stanley & Co. LLC | — | EDGAR |
| 2026-10-01 | Arrow Holdings S.a.r.l. | 10% Stockholder | 8,361,829 | $153.86M | 2026-10-01 | Morgan Stanley & Co. LLC | — | EDGAR |
| 2026-01-20 | Lewis Heidi Diane | Officer | 27,754 | $159.9K | 2026-01-20 | CHARLES SCHWAB CORP | 10b5-1 | EDGAR |
| 2025-09-22 | Lewis Heidi Diane | Officer | 43,712 | $262.4K | 2025-09-22 | CHARLES SCHWAB CORP | 10b5-1 | EDGAR |
| 2025-09-18 | Schrenk Troy C. | Officer | 49,344 | $423.4K | 2025-09-18 | Fidelity Brokerage Services LLC | 10b5-1 | EDGAR |
| 2024-04-04 | Kalamaras Eric | Former Officer | 400 | $4.5K | 2024-04-04 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2024-04-04 | Berry Joy Anne | Former Board Member | 20,000 | $220.5K | 2024-04-04 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2024-04-04 | Berry Joy Anne | Former Board Member | 10,000 | $108.0K | 2024-04-04 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2024-04-03 | Berry Joy Anne | Former Director | 20,000 | $214.3K | 2024-04-03 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2024-03-26 | Kalamaras Eric | Former Officer | 9,741 | $106.7K | 2024-03-26 | Fidelity Brokerage Services LLC | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
66 ETFs hold TH
25 shown · $157.25M total exposure · 0.02% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $39.9M | — | 2026-09-30 |
| 2 | AVUV Avantis U.S. Small Cap Value ETF | Avantis | 0.07% | $21.5M | $32.2B | 2026-10-23 |
| 3 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.02% | $16.9M | $74.6B | 2026-10-23 |
| 4 | VXF Vanguard Extended Market ETF | Vanguard | 0.01% | $13.7M | — | 2026-09-30 |
| 5 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.02% | $8.3M | — | 2026-10-23 |
| 6 | CPAI Counterpoint Quantitative Equity ETF | Nport | 1.96% | $7.2M | — | 2026-06-30 |
| 7 | FESM Fidelity Enhanced Small Cap Core ETF | Fidelity | 0.10% | $6.5M | $6.6B | 2026-10-23 |
| 8 | FYC First Trust Small Cap Growth AlphaDEX® Fund | First Trust | 0.45% | $6.0M | $1.3B | 2026-10-23 |
| 9 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.03% | $5.6M | — | 2026-09-30 |
| 10 | IWO iShares Russell 2000 Growth ETF | iShares (BlackRock) | 0.03% | $4.6M | $13.7B | 2026-10-23 |
| 11 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.00% | $3.9M | — | 2026-10-23 |
| 12 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.04% | $3.1M | — | 2026-10-23 |
| 13 | VCR Vanguard Consumer Discretionary ETF | Vanguard | 0.05% | $3.0M | — | 2026-09-30 |
| 14 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.01% | $2.7M | — | 2026-05-31 |
| 15 | FYX First Trust Small Cap Core AlphaDEX® Fund | First Trust | 0.17% | $2.4M | $1.4B | 2026-10-23 |
| 16 | VFMO Vanguard U.S. Momentum Factor ETF | Vanguard | 0.11% | $2.0M | — | 2026-10-23 |
| 17 | IWN iShares Russell 2000 Value ETF | iShares (BlackRock) | 0.01% | $1.6M | $13.9B | 2026-10-23 |
| 18 | AVSC Avantis U.S. Small Cap Equity ETF | Avantis | 0.05% | $1.5M | $3.2B | 2026-10-23 |
| 19 | ESML iShares ESG Aware MSCI USA Small-Cap ETF | iShares (BlackRock) | 0.04% | $1.2M | $2.7B | 2026-10-23 |
| 20 | DCOR Dimensional US Core Equity 1 ETF | Dimensional | 0.00% | $1.1M | — | 2026-10-23 |
| 21 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.00% | $1.0M | $96.5B | 2026-10-23 |
| 22 | ISMD Inspire Small/Mid Cap ETF | Nport | 0.32% | $1.0M | — | 2026-05-31 |
| 23 | AVUS Avantis U.S. Equity ETF | Avantis | 0.01% | $1.0M | $14.7B | 2026-10-23 |
| 24 | VTWG Vanguard Russell 2000 Growth ETF | Vanguard | 0.05% | $773,379 | — | 2026-09-30 |
| 25 | PRFZ Invesco RAFI US 1500 Small-Mid ETF | Nport | 0.03% | $697,969 | — | 2026-07-31 |
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
$-0.38
TTM Revenue
$347.37M
TTM Net Income
$-37.68M
TTM Op. Cash Flow
$170.11M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $85.45M | $-9.04M | $-0.09 | $103.98M |
| Q1 '26 | 2026-03-31 | $72.78M | $-12.92M | $-0.13 | $7.04M |
| Q4 '25 | 2025-12-31 | $89.78M | $-14.93M | $-0.15 | $5.74M |
| Q3 '25 | 2025-09-30 | $99.36M | $-795.00K | $-0.01 | $53.36M |
| Q2 '25 | 2025-06-30 | $61.61M | $-14.93M | $-0.15 | $11.06M |
| Q1 '25 | 2025-03-31 | $69.90M | $-6.46M | $-0.07 | $3.94M |
| Q4 '24 | 2024-12-31 | $83.69M | $12.50M | $0.12 | $30.55M |
| Q3 '24 | 2024-09-30 | $95.19M | $19.99M | $0.20 | $31.43M |
| Q2 '24 | 2024-06-30 | $100.72M | $18.39M | $0.18 | $39.10M |
| Q1 '24 | 2024-03-31 | $106.67M | $20.38M | $0.20 | $50.59M |
| Q4 '23 | 2023-12-31 | $126.22M | $37.84M | $0.29 | $38.29M |
| Q3 '23 | 2023-09-30 | $145.94M | $45.58M | $0.43 | $48.24M |
Q2 2026 • period ending 2026-06-30 • filed 2026-08-10
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
3.80
P/S
4.04
EV/EBITDA
48.44
EV/Sales
4.15
ROE
-10.2%
ROA
-5.8%
Div Yield
0.00%
FCF Yield
12.11%
Debt/Equity
0.11
Current Ratio
—
Market Cap
$1.41B
as of 2026-10-26
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
3.68M
SI % of Float
5.59%
Days to Cover
1.73
Short Vol Ratio
43.3%
Free Float
65.97M
Float %
66.2%
Short interest 2026-09-30 • Short volume 2026-10-26 • Float 2026-09-14