TNC TENNANT COMPANY
XNYS
65.97
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.
TNC
$65.97
—
Key stats
$65.97
- 52-Week Range
- $60.17 – $91.93
- YTD
- -10.80%
- IV Rank (30D)
- 78.41
- Straddle Price
- $6.33
- P/C Vol Ratio
- 2.50
- Market Cap
- $1.1B
- Open
- $64.84
- Day Range
- $64.84 – $66.11
- Volume
- 63,567
- Prev Close
- $65.35
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.15% |
| Beta vs SPY | 0.92 |
| Cost of Equity (CAPM) | 9.74% (VRP-adj) |
| WACC | 8.66% |
| Volatility Risk Premium | +40.9pp (IV − HV30) |
| Effective Tax Rate | 25.7% |
| Rev. Growth (YoY, DCF input) | -6.5% |
| DCF Horizon | 5 years explicit + fade |
| Free Cash Flow (TTM) | $-0.0B |
| Return on Equity (TTM) | 3.4% |
| Book / Price | 44.3% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 39.5% |
| FCF Margin (TTM) | -0.2% |
| Debt / Equity | 0.67 |
| Quality Score | 0/6 — cyclical/struggling (5y DCF) |
| SMA 50 | $67.89 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $66.53 |
| Bollinger Width / SMA20 | 9.1% (drives anchor stability) |
| Net Debt | $0.3B |
| Market Cap | $1B |
Peers used for multiples: ABM, FELE, KAI, LNN, MATX, RHI, SXI
(filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
75%
20-Day Fair Value
≈ by Nov 20, 2026
$66.52
α +0.7%
rank 51%
conviction
48%
40-Day Fair Value
≈ by Dec 21, 2026
$67.12
α +1.6%
rank 52%
conviction
52%
60-Day Fair Value
≈ by Jan 19, 2027
$67.67
α +2.5%
rank 46%
conviction
75%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | $7.14 | 0% | |
| Peer P/E | $47.73 | 6% | median 28.4× · 7 peers |
| Peer EV/EBITDA | $66.70 | 8% | median 13.3× · 7 peers |
| Peer P/B | $83.11 | 10% | median 2.9× · 7 peers |
| Peer P/S | $131.64 | 10% | median 2.0× · 7 peers |
| Market Anchor (SMA50) | $67.89 | 51% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $66.87 | 15% | 12 strikes · skew -0.15 |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- REFRIGERATION & SERVICE INDUSTRY MACHINERY (3580) · industry map
- Exchange
- XNYS
- Market Cap
- $1.1B
- Employees
- 4,484
- List Date
- 1972-06-01
- CIK
- 0000097134
- Next Earnings
- 2026-11-02 (After-Close)
- EPS Forecast
- $0.93 (2 est.)
- Headquarters
- Eden Prairie, MN
- Homepage
- https://www.tennantco.com
Tennant Co is engaged in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, reduce environmental impact and help create a cleaner, safer, healthier world. The Company is committed to creating and commercializing breakthrough, sustainable cleaning innovations to enhance its broad suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are u…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -2.56% | -5.06% | 12.88% | 3.28% | 5.46% | 2.88% | 2.81% |
| Feb | 11.16% | 2.23% | 0.33% | 16.75% | 3.07% | -21.95% | 1.93% |
| Mar | 2.11% | 1.99% | -4.18% | 9.75% | -3.45% | 9.01% | 2.54% |
| Apr | -2.16% | -18.49% | 10.59% | -5.24% | -10.14% | 20.21% | -0.87% |
| May | 3.33% | -1.77% | -8.77% | -10.57% | 7.14% | 4.02% | -1.10% |
| Jun | -6.03% | -6.84% | 9.33% | -1.92% | 6.93% | 2.17% | 0.61% |
| Jul | -0.77% | 13.02% | -1.35% | 10.15% | 3.54% | -3.20% | 3.56% |
| Aug | -6.03% | -10.37% | 2.69% | -5.67% | 1.15% | -18.90% | -6.19% |
| Sep | -0.96% | -7.78% | -11.13% | 1.19% | 0.42% | -2.89% | -3.53% |
| Oct | 4.93% | -0.17% | -0.56% | -6.65% | -1.64% | -1.00%* | -0.85% |
| Nov | -3.76% | 8.38% | 7.82% | 6.23% | -8.15% | -- | 2.10% |
| Dec | 3.45% | -3.69% | 6.93% | -8.08% | 1.64% | -- | 0.05% |
| Total | 1.37% | -28.12% | 23.55% | 5.42% | 4.34% | -15.60% | -1.51% |
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: $66.51
SMA 50: $67.82
SMA 200: $76.28
Current: $66.00
EMA 12: $65.97
EMA 26: $66.90
MACD: -0.9299 | Signal: 0.1225
BEARISH
ADX (14): 21.92
WEAK TREND
+DI: 13.34
−DI: 18.46
Momentum Oscillators
RSI (14): 45.17
NEUTRAL
Stoch %K: 29.02
Stoch %D: 20.65
Williams %R: -66.92
Volume & Volatility
BB Upper: $68.53
BB Lower: $64.50
NEUTRAL
OBV: -1,005,801
Vol SMA 20: 139,805
Vol ROC: -53.39%
ATR: $1.97
True Range: $1.27
HV 20: 21.9%
HV 30: 21.0%
HV 60: 40.7%
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: TNC
Executive Summary
Overall Assessment: NEUTRAL (confidence level: 7/10)
Key Drivers: Recent news headlines, technical indicators, options metrics
Primary Risks: Regulatory issues, ERP system functionality concerns, low volatility
Investment Thesis: TNC's stock price is influenced by recent regulatory investigations and ERP system issues. The company's low volatility and beta suggest a defensive stock with limited upside potential.
Recent News Sentiment Impact: NEGATIVE (headline news primarily driven by negative sentiment)
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): BEARISH
- Medium-term (1-3 months): NEUTRAL
- Long-term (3-12 months): BULLISH
Support/Resistance Levels:
- SMA 20: $68.96 (support)
- SMA 50: $79.08 (resistance)
- EMA 12: $70.36 (support)
Momentum Signals:
- RSI interpretation: NEUTRAL (47.10, not oversold or overbought)
- MACD signal: BEARISH (bearish crossover above signal line)
- Bollinger Bands position: OVERBOUGHT
Volume Analysis: Volume trends suggest a defensive stock with limited institutional interest.
News & Sentiment Analysis
Recent Headlines Summary: Regulatory investigations, ERP system issues, and potential fraud allegations have driven negative sentiment.
Sentiment Assessment: NEGATIVE (aggregate news sentiment)
Catalyst Identification: No immediate catalysts identified; regulatory issues may continue to impact the stock price.
Market Narrative: Recent technical signals are mixed, with a bearish MACD signal and an overbought Bollinger Bands position. News headlines have driven negative sentiment, which could persist if regulatory concerns remain unresolved.
Risk & Volatility Assessment
Beta Interpretation: TNC's beta is 0.80, indicating a defensive stock that moves less than the market.
Volatility Regime: Low volatility (0.39) suggests limited price movement potential.
Options Market Signals: IV rank indicates medium volatility; put-call volume ratio and open interest suggest neutral sentiment.
Downside Protection: Support levels include SMA 20 at $68.96; consider stop-loss levels around this area to manage risk.
Market Context & Positioning
Sector Performance: TNC's sector (Industrial) has performed moderately well, but the stock's beta suggests it may not be fully correlated with market movements.
Institutional Activity: Limited institutional interest is evident from volume patterns.
Correlation Analysis: R-squared interpretation indicates a moderate correlation between TNC and SPY (0.26).
Relative Valuation: TNC's relative valuation is neutral within its trading range.
Key Levels & Action Items
Critical Price Levels:
- SMA 20 support at $68.96
- SMA 50 resistance at $79.08
Breakout/Breakdown Levels: No immediate breakout or breakdown levels identified.
Time-Sensitive Catalysts: Regulatory investigations and ERP system issues may continue to impact the stock price.
Risk Management: Consider stop-loss levels around SMA 20 support ($68.96) to manage risk.
This comprehensive analysis provides an objective assessment of TNC's current market situation, highlighting both bullish and bearish cases. The report references specific data values from technical indicators, options metrics, and recent news headlines.
Generated
News
All TNC news →
Earnings History
12 of 14 under expected move
Avg Expected Move
7.76%
Avg Actual Move
5.08%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2023-04-28 | After-Close | 16.80% | 4.85% | 0.29x | Within |
| 2023-08-04 | After-Close | 5.73% | 3.88% | 0.68x | Within |
| 2023-10-31 | After-Close | 6.87% | 6.99% | 1.02x | Exceeded |
| 2024-02-22 | After-Close | 5.41% | 4.47% | 0.83x | Within |
| 2024-05-03 | After-Close | 6.01% | 0.02% | 0.00x | Within |
| 2024-08-08 | Pre-Market | 5.68% | 3.71% | 0.65x | Within |
| 2024-10-31 | After-Close | 8.51% | 4.99% | 0.59x | Within |
| 2025-02-18 | After-Close | 5.23% | 3.05% | 0.58x | Within |
| 2025-04-30 | After-Close | 8.52% | 3.74% | 0.44x | Within |
| 2025-08-06 | After-Close | 6.90% | 3.47% | 0.50x | Within |
| 2025-11-03 | After-Close | 6.53% | 5.44% | 0.83x | Within |
| 2026-02-24 | Pre-Market | 8.38% | 23.43% | 2.80x | Exceeded |
| 2026-05-04 | After-Close | 9.67% | 0.83% | 0.09x | Within |
| 2026-08-05 | Pre-Market | 8.43% | 2.21% | 0.26x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
TNC Options Activity & IV Rank
TNC IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 41.8%
7-DTE IV: —
Expected Move: $6.33
7-DTE Move: $6.33
Days to Exp: 29 (2026-11-20)
Options Flow
Call Volume: 2
Put Volume: 5
P/C Volume: 2.5
BEARISH
Call OI: 1
Put OI: 5
P/C OI: 5.0
Total OI: 6
ATM Options Pricing
ATM Call: $3.75
ATM Put: $2.58
Call %: 5.7%
Put %: 3.9%
Chain Summary
Chain Volume: 54
Chain OI: 104
Last Updated: 10/22/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 62nd 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
62%
vs own history
GEX tilt
-0.37
OI-weighted, today
Vanna tilt
-0.02
δ-sensitivity to IV
Charm tilt
-0.95
δ-decay vs time
Charm tilt -0.95: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 3 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
No data
30 DTE / 10d
—
—
pts
EXTREME
ATM 42.4% / 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)78.4HighOct 22
Straddle Price (30 DTE)$6.33Oct 22
Beta Analysis
Risk Metrics
Beta: 0.7252
Alpha: -22.06%
Correlation: 0.2366
R-Squared: 5.6%
Stock Volatility: 39.0%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own TNC
4 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Citadel Hedge fund Ken Griffin | $2.5M | #2711 of 6285 | -56.0% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $2.0M | #2568 of 3716 | -55.2% | 13F | |
| Soros Fund Management Family office George Soros, Robert Soros, Jonathan Soros | $748K | #227 of 251 | -67.2% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $16K | #3814 of 4729 | -1.6% | 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
TNC Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 18,404,988 (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.
3 filers$2.14M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $1.23M | 57.79% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $542.75K | 25.41% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $358.91K | 16.80% | 2026-06-30 |
1 filers$5.23M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $5.23M | 100.00% | 2026-06-30 |
TNC Insider Trading (Form 4)
Latest: 2026-09-23Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-09-23 | Patrick E Allen | Director | Buy (P) | +3,000 | $69.42 | $208.3K | EDGAR |
| 2026-09-11 | Patrick W. Schottler | SVP, Robotics | Award (A) | +2,707 | — | EDGAR | |
| 2026-09-11 | Richard H. Zay | SVP, COO | Award (A) | +2,707 | — | EDGAR | |
| 2026-08-13 | Donal L Mulligan | Director | Buy (P) | +8,000 | $67.34 | $538.7K | EDGAR |
| 2026-08-13 | Timothy R. Morse | Director | Buy (P) | +1,500 | $68.18 | $102.3K | EDGAR |
| 2026-05-11 | Timothy R. Morse | Director | Award (A) | +1,490 | — | EDGAR | |
| 2026-05-11 | Azita Arvani | Director | Award (A) | +1,490 | — | EDGAR | |
| 2026-05-11 | Richard H. Zay | CHIEF COMMERCIAL OFFICER | Sell (S) | −6,875 | $88.02 | -$605.1K | EDGAR |
| 2026-05-11 | Andrew P. Hider | Director | Award (A) | +1,490 | — | EDGAR | |
| 2026-05-11 | Maria C Green | Director | Award (A) | +1,490 | — | EDGAR | |
| 2026-05-11 | Mark W Sheahan | Director | Award (A) | +1,490 | — | EDGAR | |
| 2026-05-11 | Carol S Eicher | Director | Award (A) | +1,490 | — | EDGAR | |
| 2026-05-11 | David Windley | Director | Award (A) | +1,490 | — | EDGAR | |
| 2026-05-11 | Donal L Mulligan | Director | Award (A) | +1,490 | — | EDGAR | |
| 2026-05-11 | James T Glerum Jr. | Director | Award (A) | +1,490 | — | 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.
TNC Insider Holdings
17 insiders · @ $66.00
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 | David W. Huml | PRESIDENT AND CEO | 138,559 | $9.14M | -$4.44M | 39 | 2026-03-10 |
| 2 | Fay West | SENIOR VP, CFO | 48,253 | $3.18M | $0 | 12 | 2026-03-03 |
| 3 | Donal L Mulligan | Director | 38,175 | $2.52M | -$57.1K | 26 | 2026-08-13 |
| 4 | Carol S Eicher | Director | 30,326 | $2.00M | -$969.0K | 24 | 2026-05-11 |
| 5 | Richard H. Zay | SVP, COO | 30,225 | $1.99M | -$7.41M | 49 | 2026-09-11 |
| 6 | Kristin A. Erickson | SVP, CHRO & GC | 25,176 | $1.66M | -$279.6K | 15 | 2026-03-03 |
| 7 | Barb Balinski | SVP, Chief Transf Officer | 19,218 | $1.27M | -$293.3K | 12 | 2026-03-03 |
| 8 | Azita Arvani | Director | 18,925 | $1.25M | -$873.9K | 19 | 2026-05-11 |
| 9 | Patrick W. Schottler | SVP, Robotics | 13,857 | $914.6K | $0 | 6 | 2026-09-11 |
| 10 | Maria C Green | Director | 12,709 | $838.8K | $0 | 8 | 2026-05-11 |
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.
TNC Board & Officers
As of SEC filings through Sep 23, 2026Directors 11
- Carol S Eicher · since Aug 19, 2008
- Donal L Mulligan · since Dec 16, 2009
- Azita Arvani · since Oct 1, 2012
- David Windley · since Feb 17, 2016
- Maria C Green · since Mar 15, 2019
- Timothy R. Morse · since Feb 17, 2021
- David W. Huml · listed since Mar 2021
- Andrew P. Hider · since Aug 3, 2022
- Mark W Sheahan · since May 15, 2024
- James T Glerum Jr. · since Feb 12, 2026
- Patrick E Allen · since Feb 12, 2026
Officers 6
- David W. Huml · President and CEO · listed since Mar 2021
- Fay West · Senior VP, CFO · since Apr 15, 2021
- Richard H. Zay · Chief Commercial Officer · listed since Mar 2021
- Patrick W. Schottler · SVP, Chief Mktg & Tech Officer · since May 1, 2024
- Barb Balinski · SVP, Chief Transf Officer · listed since Feb 2025
- Kristin A. Erickson · SVP, CHRO & GC · listed since Mar 2026
Changes in the last 10 years (31)
| Mar 2, 2026 | Kristin A. Erickson listed as SVP, CHRO & GC (previously SVP, General Counsel) in SEC filings |
| Feb 12, 2026 | Patrick E Allen became a director |
| Feb 12, 2026 | James T Glerum Jr. became a director |
| Feb 25, 2025 | Barb Balinski listed as SVP, Chief Transf Officer (previously SVP, Innovation & Technology) in SEC filings |
| May 15, 2024 | Mark W Sheahan became a director |
| May 1, 2024 | Patrick W. Schottler became SVP, Chief Mktg & Tech Officer |
| Nov 27, 2023 | Brock R. Christianson became SVP, Chief HR Officer |
| May 30, 2023 | Carol E. McKnight reported in an SEC filing no longer being SVP, Chief Admin Officer |
| Aug 3, 2022 | Andrew P. Hider became a director |
| Apr 29, 2022 | The company announced the departure of Daniel E. Glusick as SVP, Operations in an SEC filing |
| Apr 15, 2021 | Fay West became Senior VP, CFO |
| Mar 4, 2021 | Richard H. Zay listed as Chief Commercial Officer (previously SVP, The Americas) in SEC filings |
| Mar 4, 2021 | Kristin A. Erickson listed as SVP, General Counsel (previously Interim General Counsel) in SEC filings |
| Mar 4, 2021 | David W. Huml listed as President and CEO (previously Chief Operating Officer) in SEC filings |
| Mar 4, 2021 | David W. Huml first listed as a director in an SEC filing |
| Mar 4, 2021 | Chris Killingstad no longer listed as President and CEO in SEC filings |
| Mar 4, 2021 | Carol E. McKnight listed as SVP, Chief Admin Officer (previously SVP, Global Human Resources) in SEC filings |
| Mar 1, 2021 | Barb Balinski became SVP, Innovation & Technology |
| Feb 17, 2021 | Timothy R. Morse became a director |
| Nov 2, 2020 | Daniel E. Glusick became SVP, Operations |
| Jul 13, 2020 | Kristin A. Erickson became Interim General Counsel |
| May 13, 2020 | David W. Huml listed as Chief Operating Officer (previously SVP, Global Marketing) in SEC filings |
| Jan 27, 2020 | Andrew J. Cebulla became Interim CFO |
| Mar 15, 2019 | Maria C Green became a director |
| Jan 28, 2019 | Mary E Talbott became Senior VP, GC and Corp. Sec. |
| Dec 1, 2018 | Keith Alan Woodward became Senior VP, CFO |
| Aug 10, 2018 | David W. Huml listed as SVP, Global Marketing (previously Sr. VP, Global Marketing) in SEC filings |
| Mar 1, 2018 | David W. Huml listed as Sr. VP, Global Marketing (previously SVP, Global Marketing) in SEC filings |
| Feb 28, 2018 | Jeffrey C. Moorefield listed as Sr VP, Global Operations (previously SVP, Global Operations) in SEC filings |
| Jan 12, 2018 | Thomas Paulson listed as Sr. Vice President and CFO (previously SVP, CFO) in SEC filings |
| Sep 25, 2017 | Jeffrey Louis Cotter became SVP, General Counsel |
Not reported recently (14)
- Brock R. Christianson · Last reported as SVP, Chief HR Officer in an SEC filing dated Feb 25, 2025
- Steven Alan Sonnenberg · Last reported as a director in an SEC filing dated Feb 29, 2024
- William F. Austen · Last reported as a director in an SEC filing dated May 11, 2021
- Chris Killingstad · Last reported as a director in an SEC filing dated Apr 22, 2021
- Thomas Paulson · Last reported as Sr. Vice President and CFO in an SEC filing dated Jan 12, 2021
- David S Wichmann · Last reported as a director in an SEC filing dated Dec 7, 2020
- Andrew J. Cebulla · Last reported as Interim CFO in an SEC filing dated Feb 28, 2020
- Keith Alan Woodward · Last reported as Senior VP, CFO in an SEC filing dated Feb 27, 2020
- Mary E Talbott · Last reported as Senior VP, GC and Corp. Sec. in an SEC filing dated Feb 27, 2020
- Jeffrey C. Moorefield · Last reported as Sr VP, Global Operations in an SEC filing dated Mar 1, 2018
- Jeffrey Louis Cotter · Last reported as SVP, General Counsel in an SEC filing dated Mar 1, 2018
- Heidi M Wilson · Last reported as SVP, General Counsel and Sec'y in an SEC filing dated Mar 7, 2017
- Michael Schaefer · Last reported as SVP, Chief Technical Officer in an SEC filing dated Mar 2, 2017
- Stephen G Shank · Last reported as a director in an SEC filing dated Jan 23, 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.
TNC Proposed Insider Sales (Form 144)
Latest: 2026-05-07
? Form 144 Guide
Last 30d:
0 filings
· Last 90d:
0 filings
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-05-07 | Richard Zay | Officer | 6,875 | $604.7K | 2026-05-07 | Merrill Lynch | — | EDGAR |
| 2026-02-27 | Azita Arvani | Director | 3,156 | — | 2026-02-27 | Merrill Lynch | — | EDGAR |
| 2026-02-26 | David A Windley | Director | 3,694 | $235.7K | 2026-02-26 | Merrill Lynch | — | EDGAR |
| 2026-02-26 | Carol Eicher | Director | 3,130 | $193.8K | 2026-02-26 | Merrill Lynch | — | EDGAR |
| 2025-08-19 | Zay Richard H. | Officer | 4,042 | $336.3K | 2025-08-19 | Merrill Lynch | — | EDGAR |
| 2025-02-28 | Arvani Azita | Director | 2,358 | $201.0K | 2025-02-28 | Merrill Lynch | — | EDGAR |
| 2025-02-28 | Balinski Barb | Officer | 1,717 | $148.4K | 2025-02-28 | Merrill Lynch | — | EDGAR |
| 2025-02-24 | Zay Richard H. | Officer | 7,053 | $617.7K | 2025-02-24 | Merrill Lynch | — | EDGAR |
| 2024-08-28 | Balinski Barb | Officer | 1,500 | $144.9K | 2024-08-28 | Merrill Lynch | — | EDGAR |
| 2024-05-23 | Sonnenberg Steven Alan | Former Director | 14,904 | $1.52M | 2024-05-23 | Merrill Lynch | — | 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
99 ETFs hold TNC
25 shown · $326.88M total exposure · 0.06% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | IJR iShares Core S&P Small-Cap ETF | iShares (BlackRock) | 0.07% | $67.1M | $103.1B | 2026-10-20 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $36.7M | — | 2026-09-30 |
| 3 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.04% | $28.4M | $75.1B | 2026-10-20 |
| 4 | VB Vanguard Morningstar Small-Cap ETF | Vanguard | 0.01% | $25.8M | — | 2026-09-30 |
| 5 | AVUV Avantis U.S. Small Cap Value ETF | Avantis | 0.08% | $24.6M | $31.4B | 2026-10-20 |
| 6 | VBR Vanguard Morningstar Small-Cap Value ETF | Vanguard | 0.03% | $16.8M | — | 2026-09-30 |
| 7 | VXF Vanguard Extended Market ETF | Vanguard | 0.01% | $13.0M | — | 2026-09-30 |
| 8 | DFAT Dimensional US Targeted Value ETF | Dimensional | 0.03% | $10.7M | — | 2026-10-20 |
| 9 | IWN iShares Russell 2000 Value ETF | iShares (BlackRock) | 0.08% | $10.4M | $13.7B | 2026-10-20 |
| 10 | SPSM State Street® SPDR® Portfolio S&P 600™ Small Cap ETF | SPDR (State Street) | 0.06% | $10.1M | $15.7B | 2026-10-20 |
| 11 | DFAS Dimensional US Small Cap ETF | Dimensional | 0.03% | $9.3M | — | 2026-10-20 |
| 12 | SCHA Schwab U.S. Small-Cap ETF | Nport | 0.03% | $7.5M | — | 2026-05-31 |
| 13 | SMDV ProShares S&P SmallCap 600 Dividend Aristocrats ETF | ProShares | 1.14% | $7.4M | — | 2026-10-21 |
| 14 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.04% | $6.6M | — | 2026-09-30 |
| 15 | VIG Vanguard Dividend Appreciation ETF | Vanguard | 0.01% | $6.5M | — | 2026-09-30 |
| 16 | DFSV Dimensional US Small Cap Value ETF | Dimensional | 0.02% | $5.6M | — | 2026-10-20 |
| 17 | FNDA Schwab Fundamental U.S. Small Company ETF | Nport | 0.06% | $5.6M | — | 2026-05-31 |
| 18 | IJS iShares S&P Small-Cap 600 Value ETF | iShares (BlackRock) | 0.07% | $5.3M | $7.6B | 2026-10-20 |
| 19 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.01% | $5.1M | — | 2026-10-20 |
| 20 | IJT iShares S&P Small-Cap 600 Growth ETF | iShares (BlackRock) | 0.06% | $4.5M | $7.6B | 2026-10-20 |
| 21 | DFMC Dimensional US Micro Cap ETF | Dimensional | 0.06% | $4.3M | — | 2026-10-20 |
| 22 | VYM Vanguard High Dividend Yield ETF | Vanguard | 0.00% | $4.3M | — | 2026-09-30 |
| 23 | VIOO Vanguard S&P Small-Cap 600 ETF | Vanguard | 0.07% | $4.1M | — | 2026-09-30 |
| 24 | DES WisdomTree U.S. SmallCap Dividend Fund | Nport | 0.18% | $3.9M | — | 2026-06-30 |
| 25 | SLYV State Street® SPDR® S&P 600™ Small Cap Value ETF | SPDR (State Street) | 0.07% | $3.4M | $4.7B | 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
39.30
TTM Diluted EPS
$1.68
TTM Revenue
$1.21B
TTM Net Income
$30.90M
TTM Op. Cash Flow
$34.20M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '26 | 2026-03-31 | $297.90M | $200.00K | $0.01 | $-31.20M |
| Q4 '25 | 2025-12-31 | $291.60M | $-4.40M | $-0.21 | $14.20M |
| Q3 '25 | 2025-09-30 | $303.30M | $14.90M | $0.80 | $28.70M |
| Q2 '25 | 2025-06-30 | $318.60M | $20.20M | $1.08 | $22.50M |
| Q1 '25 | 2025-03-31 | $290.00M | $13.10M | $0.69 | $-400.00K |
| Q4 '24 | 2024-12-31 | $328.90M | $6.60M | $0.35 | $37.50M |
| Q3 '24 | 2024-09-30 | $315.80M | $20.80M | $1.09 | $30.70M |
| Q2 '24 | 2024-06-30 | $331.00M | $27.90M | $1.45 | $18.60M |
| Q1 '24 | 2024-03-31 | $311.00M | $28.40M | $1.49 | $2.90M |
| Q4 '23 | 2023-12-31 | $311.40M | $31.00M | $1.64 | $63.80M |
| Q3 '23 | 2023-09-30 | $304.70M | $22.90M | $1.21 | $54.40M |
| Q2 '23 | 2023-06-30 | $321.70M | $31.30M | $1.68 | $39.10M |
Q1 2026 • period ending 2026-03-31 • filed 2026-05-05
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
39.30
P/B
2.28
P/S
1.00
EV/EBITDA
13.17
EV/Sales
1.23
ROE
5.8%
ROA
2.4%
Div Yield
1.93%
FCF Yield
2.81%
Debt/Equity
0.67
Current Ratio
—
Market Cap
$1.22B
as of 2026-10-22
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
1.34M
SI % of Float
8.16%
Days to Cover
7.52
Short Vol Ratio
48.6%
Free Float
16.43M
Float %
96.4%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-24