Strategy, Metaplanet and Upexi are marked for deletion in MSCI’s final list, with changes taking effect after the Nov. 30 close.
UPXI Upexi, Inc.
XNAS
0.97
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.
UPXI
$0.97
—
What changed
Recent filings, trades and movesKey stats
$0.97
- 52-Week Range
- $0.54 – $3.20
- YTD
- -49.48%
- IV Rank (30D)
- 70.55
- Straddle Price
- $0.90
- P/C Vol Ratio
- 0.32
- Market Cap
- $0.1B
- Open
- $0.64
- Day Range
- $0.60 – $0.65
- Volume
- 815,037
- Prev Close
- $0.64
Fair Value
MODEL: SHORT
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) | 4.88% |
| Beta vs SPY | 2.83 |
| Cost of Equity (CAPM) | 20.45% (VRP-adj) |
| WACC | 8.84% |
| Volatility Risk Premium | +246.9pp (IV − HV30), ERP adj +50bps |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | -10.0% |
| DCF Horizon | 5 years explicit + fade |
| Free Cash Flow (TTM) | $-0.0B |
| Return on Equity (TTM) | 457.2% |
| Book / Price | -95.0% |
| Quality Score | 1/6 — cyclical/struggling (5y DCF) |
| SMA 50 | $0.97 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $0.77 |
| Bollinger Width / SMA20 | 49.9% (drives anchor stability) |
| Net Debt | $0.2B |
| Market Cap | $0B |
Peers used for multiples: COIN, CRCL, CSHR, ETOR, FWDI, MSTR, RIOT, XXI
60-Day Conviction
62%
20-Day Fair Value
≈ by Dec 14, 2026
$0.64
α -0.1%
rank 93%
conviction
11%
40-Day Fair Value
≈ by Jan 12, 2027
$0.63
α -1.1%
rank 93%
conviction
39%
60-Day Fair Value
≈ by Feb 10, 2027
$0.63
α -2.5%
rank 93%
conviction
62%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | n/a | 0% | |
| Peer EV/EBITDA | n/a | 0% | median 9.1× · 3 peers |
| Peer P/B | n/a | 0% | median 2.6× · 5 peers |
| Peer P/S | n/a | 0% | median 8.2× · 5 peers |
| Market Anchor (SMA50) | $0.97 | 100% | stability 72% (BB-width) |
| Options Expected (B-L 30d) | n/a | 0% |
As of 2026-11-13 · updated
Related
About
- Industry (SIC)
- FINANCE SERVICES (6199) · industry map
- Exchange
- XNAS
- Market Cap
- $0.1B
- Employees
- 10
- List Date
- 2021-06-24
- CIK
- 0001775194
- Last Earnings
- Nov 10 after close · +12.9% vs ±36.9% expected
- Next Earnings
- ~Feb 9, 2027 (estimated)
- Headquarters
- Tampa, FL
- Homepage
- https://www.upexi.com
Upexi Inc specializes in the development, manufacturing, and distribution of consumer products. The company is in the cryptocurrency industry and the management of cash assets through a cryptocurrency portfolio, principally focused in Solana tokens and generating a yield from the treasury, principally through staking of those tokens. Geographically, the company generates the majority of its revenue from the United States. The firm generates the majority of its revenue from the Digital Asset revenue.
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.
Seasonality
| Month | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|
| Jan | -- | 15.69% | -0.81% | 0.00% | -6.81% | 2.02% |
| Feb | -- | 48.28% | -56.81% | -14.44% | -59.07% | -20.51% |
| Mar | -- | -16.67% | 6.22% | -23.44% | 12.00% | -5.47% |
| Apr | -- | -4.34% | -5.89% | 392.79% | 33.67% | 104.06% |
| May | -- | -24.39% | 19.44% | -11.33% | -8.46% | -6.19% |
| Jun | -- | -29.02% | -33.05% | -73.81% | -30.60% | -41.62% |
| Jul | -- | -6.70% | -8.74% | 60.38% | -15.12% | 7.46% |
| Aug | -19.13% | -15.81% | -39.11% | 57.17% | 36.25% | 3.87% |
| Sep | -8.29% | -3.35% | -5.68% | -16.26% | 9.62% | -4.79% |
| Oct | 29.90% | -33.72% | 90.01% | -31.55% | -34.54% | 4.02% |
| Nov | -26.36% | -26.39% | -40.55% | -27.08% | -9.95%* | -26.07% |
| Dec | -32.43% | 35.67% | -21.47% | -36.72% | -- | -13.74% |
| Total | -52.06% | -63.12% | -84.08% | -50.02% | -72.89% | -64.43% |
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: $0.75
SMA 50: $0.97
SMA 200: $1.01
Current: $0.64
EMA 12: $0.70
EMA 26: $0.80
MACD: -0.0948 | Signal: -0.0029
BEARISH
ADX (14): 28.81
TREND
+DI: 18.31
−DI: 29.65
Momentum Oscillators
RSI (14): 34.57
NEUTRAL
Stoch %K: 21.28
Stoch %D: 19.26
Williams %R: -84.20
Volume & Volatility
BB Upper: $0.92
BB Lower: $0.58
NEUTRAL
OBV: 72,472,800
Vol SMA 20: 1,365,461
Vol ROC: -45.32%
ATR: $0.07
True Range: $0.05
HV 20: 99.6%
HV 30: 86.2%
HV 60: 90.8%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-15T00:00:00 – 2026-11-13T00:00:00
AI Analysis
Written before UPXI’s Nov 10 earnings report, so it doesn’t reflect the results.
Here is a comprehensive stock analysis report based on the provided data:
Executive Summary
Overall assessment: BEARISH (confidence level 6/10)
Key drivers: High volatility, negative recent news sentiment, bearish MACD signal
Primary risks: High beta, potential for sharp price moves, and unclear future direction
Investment thesis: The stock has been experiencing high volatility and bearish momentum, which may lead to further downside movements. However, the options market is pricing a significant move by expiration, indicating potential for a reversal.
Recent news sentiment impact: The recent headlines have been mostly neutral or positive, but the overall sentiment has not had a significant impact on the stock's price movement.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Downtrend Medium-term (1-3 months): Range-bound Long-term (3-12 months): Uptrend
Support/Resistance Levels: Key levels to monitor:
- SMA 20: $1.36 (resistance)
- SMA 50: $1.24 (support)
- Lower Bollinger Band: $1.20 (support)
Momentum Signals:
- RSI interpretation: Neutral (40.73) with some bearish undertones
- MACD signal: Bearish
- Bollinger Bands position: Oversold
News & Sentiment Analysis
Recent Headlines Summary: Most headlines have been neutral or positive, with one headline having a slightly negative tone.
Sentiment Assessment: Aggregate news sentiment: NEUTRAL
Catalyst Identification: No significant catalysts identified
Market Narrative: The recent news has not had a significant impact on the stock's price movement. However, the options market is pricing a significant move by expiration, indicating potential for a reversal.
Risk & Volatility Assessment
Beta Interpretation: Beta: 4.28 (high risk)
Volatility Regime: High volatility (1.55) with some bearish undertones
Options Market Signals:
- IV Rank: Low
- Put/Call Volume Ratio: 0.00 (Bullish sentiment)
- Options market pricing a significant move by expiration
Market Context & Positioning
Sector Performance: The stock is underperforming its sector.
Institutional Activity: No significant institutional activity detected
Correlation Analysis: The stock has a low correlation with the market (0.33)
Relative Valuation: The stock is slightly undervalued relative to its peers
Key Levels & Action Items
Critical Price Levels:
- SMA 20: $1.36 (resistance)
- SMA 50: $1.24 (support)
- Lower Bollinger Band: $1.20 (support)
Breakout/Breakdown Levels: No significant levels identified
Time-Sensitive Catalysts: No time-sensitive catalysts identified
Risk Management: Stop-loss levels should be set at $0.90, with a target price of $1.50.
Note: The analysis is based on the provided data and may not reflect actual market conditions or future stock performance.
Generated
News
All UPXI news →
Strategy, Metaplanet and Upexi were previously identified for deletion under the methodology, with MSCI set to announce its final list on Nov. 11.
Earnings History
7 of 10 under expected move
Avg Expected Move
83.30%
Avg Actual Move
7.65%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2022-11-15 | After-Close | 1.57% | 13.20% | 8.41x | Exceeded |
| 2023-05-18 | After-Close | 33.24% | 2.35% | 0.07x | Within |
| 2023-10-05 | After-Close | 52.94% | 0.60% | 0.01x | Within |
| 2024-12-23 | After-Close | 640.00% | 4.05% | 0.01x | Within |
| 2025-09-26 | After-Close | 4.22% | 7.77% | 1.84x | Exceeded |
| 2025-11-12 | After-Close | 7.99% | 4.73% | 0.59x | Within |
| 2026-02-10 | After-Close | 11.79% | 16.30% | 1.38x | Exceeded |
| 2026-05-12 | After-Close | 31.11% | 2.96% | 0.10x | Within |
| 2026-09-17 | After-Close | 13.27% | 12.80% | 0.96x | Within |
| 2026-11-10 | After-Close | 36.92% | 11.73% | 0.32x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
UPXI Options Activity & IV Rank
UPXI IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 411.2%
7-DTE IV: 200.5%
Expected Move: $0.90
7-DTE Move: $0.38
Days to Exp: 28 (2026-12-11)
Options Flow · All expiries
Call Volume: 1,761
Put Volume: 564
P/C Volume: 0.32
BULLISH
Call OI: 148,770
Put OI: 9,915
P/C OI: 0.067
Total OI: 158,685
ATM Options Pricing
ATM Call: $0.38
ATM Put: $0.52
Call %: 39.4%
Put %: 53.9%
Chain Summary
Chain Volume: 2,325
Chain OI: 158,685
Last Updated: 11/13/2026
Spread Scanner
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score
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.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
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 →
Scanning bull put, bear call, iron condor and calendar spreads…
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 26th 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
26%
vs own history
GEX tilt
+0.91
OI-weighted, today
Vanna tilt
+0.91
δ-sensitivity to IV
Charm tilt
-0.96
δ-decay vs time
Vanna tilt +0.91: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.96: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 6 ATM contracts, 2k 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:
Put 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.
Call vs ATM
IV(call wing) − IV(ATM), in vol pointsThe same measure on the upside: how the OTM call is priced against the at-the-money strike.
- Negative (typical) — calls trade below ATM for most stocks and indices, so the sign alone says little.
- Percentile vs own history: high = upside calls unusually rich for this name (squeezes, takeover talk, commodity supply scares); low = calls cheaper than usual.
Reading them together
Put or call vs ATM tells you how expensive that tail is. 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 put
—
—
pts
EXTREME
as of Nov 13 · ATM 356.2% / Put —
30 DTE / 10d put
—
—
pts
EXTREME
as of Nov 13 · ATM 528.5% / Put —
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
Loading the implied volatility surface…
Volatility Smile
Loading the implied volatility smile…
IV Rank (7 DTE)24.2LowNov 13
IV Rank (30 DTE)70.5MediumNov 13
Straddle Price (30 DTE)$0.90Nov 13
Beta Analysis
Risk Metrics
Beta: 4.1160
Alpha: -143.76%
Correlation: 0.4636
R-Squared: 21.5%
Stock Volatility: 121.1%
Market Volatility: 13.6%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own UPXI
2 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Millennium Management Hedge fund Izzy Englander | $213K | #3466 of 3716 | -7.8% | 13F | |
| Citadel Hedge fund Ken Griffin | $79K | #5876 of 6285 | new | 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
UPXI Institutional Ownership (13F)
Filings for 2026-09-30
? 13F Guide
Diluted shares outstanding: 75,018,611 (as of 2026-09-30)
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.
6 filers$3.21M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $1.31M | 40.93% | 2026-09-30 |
| 2 | GROUP ONE TRADING LLC Custodian | $879.05K | 27.37% | 2026-09-30 |
| 3 | Simplex Trading, LLC Custodian | $450.41K | 14.03% | 2026-09-30 |
| 4 | IMC-Chicago, LLC Custodian | $314.07K | 9.78% | 2026-09-30 |
| 5 | Citadel Advisors LLC Custodian | $161.31K | 5.02% | 2026-06-30 |
| 6 | Susquehanna International Group, LLP Custodian | $91.96K | 2.86% | 2026-06-30 |
6 filers$902.80K notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $293.28K | 32.49% | 2026-06-30 |
| 2 | IMC-Chicago, LLC Custodian | $202.35K | 22.41% | 2026-09-30 |
| 3 | GROUP ONE TRADING LLC Custodian | $189.13K | 20.95% | 2026-09-30 |
| 4 | Jane Street Group, LLC Custodian | $105.22K | 11.65% | 2026-09-30 |
| 5 | Citadel Advisors LLC Custodian | $88.77K | 9.83% | 2026-06-30 |
| 6 | Simplex Trading, LLC Custodian | $24.05K | 2.66% | 2026-09-30 |
UPXI Insider Trading (Form 4)
Latest: 2026-11-13Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-11-13 | Lawrence Dugan | Director | Award (A) | +104,000 | $1.30 | $5.2K | EDGAR |
| 2026-11-13 | Thomas Charles Williams | Director | Award (A) | +100,000 | — | EDGAR | |
| 2026-07-20 | Gene Salkind | Director | Award (A) | +100,000 | — | EDGAR | |
| 2026-07-20 | Brian Benjamin Rudick | Chief Strategy Officer | Award (A) | +400,000 | — | EDGAR | |
| 2026-07-20 | Andrew James Norstrud | Chief Financial Officer | Award (A) | +400,000 | — | EDGAR | |
| 2026-07-20 | Lawrence Dugan | Director | Award (A) | +100,000 | — | EDGAR | |
| 2026-07-20 | Allan Marshall | Chief Executive Officer | Award (A) | +2,000,000 | — | EDGAR | |
| 2025-12-23 | Allan Marshall | Chief Executive Officer | Buy (P) | +50,000 | $1.80 | $90.0K | EDGAR |
| 2025-12-17 | Allan Marshall | Chief Executive Officer | Mixed Grant +1,600,000 · Buy +150,000 |
+1,750,000 | $2.07 | $310.5K | EDGAR |
| 2025-11-21 | Gene Salkind | Director | Buy (P) | +50,000 | $2.55 | $127.5K | EDGAR |
| 2025-11-21 | Andrew James Norstrud | Chief Financial Officer | Award (A) | +240,000 | — | EDGAR | |
| 2025-11-18 | Gene Salkind | Director | Buy (P) | +200,000 | $2.73 | $546.0K | EDGAR |
| 2025-07-30 | Gene Salkind | Director | Mixed Buy +20,243 · Grant +200,000 |
+220,243 | $4.94 | $100.0K | EDGAR |
| 2025-07-24 | Andrew James Norstrud | Chief Financial Officer | Award (A) | +250,000 | — | EDGAR | |
| 2025-07-24 | Brian Benjamin Rudick | CSO | Award (A) | +400,000 | — | 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.
UPXI Insider Holdings
6 insiders · @ $0.64
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 | Allan Marshall | Chief Executive Officer | 6,046,261 | $3.88M | $3.47M | 17 | 2026-07-20 |
| 2 | Brian Benjamin Rudick | Chief Strategy Officer | 1,238,597 | $794.7K | $0 | 2 | 2026-07-20 |
| 3 | Andrew James Norstrud | Chief Financial Officer | 1,049,138 | $673.1K | $100.0K | 4 | 2026-07-20 |
| 4 | Gene Salkind | Director | 537,500 | $344.9K | $1.32M | 6 | 2026-07-20 |
| 5 | Thomas Charles Williams | Director | 200,000 | $128.3K | $0 | 4 | 2026-11-13 |
| 6 | Lawrence Dugan | Director | 120,389 | $77.2K | $97.8K | 5 | 2026-11-13 |
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.
UPXI Board & Officers
As of SEC filings through Nov 13, 2026Directors 5
- Gene Salkind · since Jun 24, 2021
- Lawrence Dugan · since Jun 24, 2021
- Thomas Charles Williams · since Jun 24, 2021
- Allan Marshall · listed since Apr 2025
- Andrew James Norstrud · listed since Apr 2025
Officers 3
- Allan Marshall · Chief Executive Officer · listed since Apr 2025
- Andrew James Norstrud · Chief Financial Officer · since Jun 24, 2021
- Brian Benjamin Rudick · Cso · since May 23, 2025
Changes in the last 10 years (22)
| Dec 17, 2025 | Allan Marshall no longer listed as a 10% owner in SEC filings |
| Nov 18, 2025 | Gene Salkind no longer listed as a 10% owner in SEC filings |
| May 23, 2025 | Brian Benjamin Rudick became Cso |
| Apr 25, 2025 | Andrew James Norstrud first listed as a director in an SEC filing |
| Apr 25, 2025 | Allan Marshall first listed as a director in an SEC filing |
| Apr 25, 2025 | Allan Marshall first listed as a 10% owner in an SEC filing |
| Apr 25, 2025 | Allan Marshall first listed as Chief Executive Officer in an SEC filing |
| Mar 6, 2024 | Allan Marshall reported in an SEC filing no longer being a director |
| Mar 6, 2024 | Allan Marshall reported in an SEC filing no longer being a 10% owner |
| Mar 6, 2024 | Allan Marshall reported in an SEC filing no longer being Chief Executive Officer |
| Aug 29, 2022 | Anthony P. Bazan became Chief Operations Officer |
| Jun 24, 2021 | Thomas Charles Williams became a director |
| Jun 24, 2021 | Robert Hackett became a director |
| Jun 24, 2021 | Robert Hackett became a 10% owner |
| Jun 24, 2021 | Robert Hackett became President |
| Jun 24, 2021 | Lawrence Dugan became a director |
| Jun 24, 2021 | Gene Salkind became a director |
| Jun 24, 2021 | Gene Salkind became a 10% owner |
| Jun 24, 2021 | Andrew James Norstrud became Chief Financial Officer |
| Jun 24, 2021 | Allan Marshall became a director |
| Jun 24, 2021 | Allan Marshall became a 10% owner |
| Jun 24, 2021 | Allan Marshall became Chief Executive Officer |
Not reported recently (2)
- Anthony P. Bazan · Last reported as Chief Operations Officer in an SEC filing dated Sep 8, 2022
- Robert Hackett · Last reported as a director in an SEC filing dated Jun 24, 2021
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.
Recent SEC Filings
Latest: 2026-11-12
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Event | Link |
|---|---|---|
| 2026-11-12 | Earnings results | EDGAR |
| 2026-10-13 | Regulation FD disclosure | EDGAR |
| 2026-10-07 | Other events | EDGAR |
| 2026-09-17 | Earnings results | EDGAR |
| 2026-09-15 | Regulation FD disclosure | EDGAR |
| 2026-09-14 | Material agreement · Regulation FD disclosure | EDGAR |
| 2026-09-09 | Other events | EDGAR |
| 2026-07-31 | Listing standards notice | EDGAR |
| 2026-06-30 | Other events | EDGAR |
| 2026-06-26 | Listing standards notice · Other events | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-09-17 | 0001477932-26-005668 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-11-10 | 0001477932-26-006820 | EDGAR |
ETF Holders
4 ETFs hold UPXI
4 shown · $2.92M total exposure · 0.01% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $2.0M | — | 2026-09-30 |
| 2 | VXF Vanguard Extended Market ETF | Vanguard | 0.00% | $668,871 | — | 2026-09-30 |
| 3 | IWC iShares Micro-Cap ETF | iShares (BlackRock) | 0.01% | $120,583 | $1.2B | 2026-11-12 |
| 4 | SATO Invesco Alerian Galaxy Crypto Economy ETF | Invesco | 1.41% | $85,287 | — | 2026-11-12 |
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
$-4.55
TTM Revenue
$19.24M
TTM Net Income
$-223.69M
TTM Op. Cash Flow
$-19.38M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '27 | 2026-09-30 | $3.48M | $89.12M | $0.68 | $-8.21M |
| Q4 '26 | 2026-06-30 | $3.15M | $-24.54M | $-0.62 | $-3.72M |
| Q3 '26 | 2026-03-31 | $4.56M | $-109.34M | $-1.67 | $-4.78M |
| Q2 '26 | 2025-12-31 | $8.05M | $-178.92M | $-2.94 | $-2.68M |
| Q1 '26 | 2025-09-30 | $9.24M | $66.75M | $0.76 | $-9.78M |
| Q4 '25 | 2025-06-30 | $4.29M | $-6.93M | $-0.25 | $-4.29M |
| Q3 '25 | 2025-03-31 | $3.16M | $-3.83M | $-2.87 | $-778.71K |
| Q2 '25 | 2024-12-31 | $4.01M | $-1.30M | $-1.24 | $-1.38M |
| Q1 '25 | 2024-09-30 | $4.36M | $-1.63M | $-1.55 | $-1.97M |
| Q4 '24 | 2024-06-30 | $5.04M | $-15.75M | $-15.39 | $2.72M |
| Q3 '24 | 2024-03-31 | $5.22M | $-4.12M | $-4.03 | $783.54K |
| Q2 '24 | 2023-12-31 | $7.46M | $-2.44M | $-2.40 | $187.57K |
Q1 2027 • period ending 2026-09-30 • filed 2026-11-10
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
—
P/S
1.63
EV/EBITDA
3.56
EV/Sales
7.90
ROE
—
ROA
-136.6%
Div Yield
0.00%
FCF Yield
-51.40%
Debt/Equity
—
Current Ratio
—
Market Cap
$40.77M
as of 2026-11-13
UPXI vs Peers
Related companies, largest first| Company | Market cap | P/E | Revenue growth | YTD | IV rank |
|---|---|---|---|---|---|
| MSTR Strategy Inc Common Stock Class A | $48.4B | — | +0.4% | −29.0% | 47 |
| COIN Coinbase Global, Inc. Class A Common Sto | $34.6B | — | −26.6% | −46.0% | 26 |
| CRCL Circle Internet Group, Inc. | $16.4B | 31.9 | +46.0% | −25.5% | 13 |
| RIOT Riot Platforms, Inc. Common Stock | $6.7B | — | +24.5% | +23.7% | 45 |
| ETOR eToro Group Ltd. Class A Common Shares | $1.8B | — | — | −36.9% | 53 |
| XXI Twenty One Capital, Inc. | $1.7B | — | — | −46.8% | 1 |
| CSHR CoinShares PLC Ordinary Shares | $473M | — | — | −58.8% | 37 |
| FWDI Forward Industries, Inc. Common Stock | $414M | — | — | −32.4% | 7 |
| UPXI Upexi, Inc. Common Stock | $57M | — | −7.0% | −66.4% | 71 |
| Peer median | $4.2B | 31.9 | +12.4% | −34.7% | 32 |
P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.
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
13.68M
SI % of Float
19.00%
Days to Cover
9.41
Short Vol Ratio
31.0%
Free Float
72.01M
Float %
81.7%
Short interest 2026-10-30 • Short volume 2026-11-13 • Float 2026-09-25