GlobeNewswire Inc.T3·15d ago
VATE INNOVATE Corp.
XNYS 10.87 DelayedStock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups 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.
VATE
$10.87
—
Key stats
$10.87
- 52-Week Range
- $3.75 – $21.30
- YTD
- +109.04%
- Straddle Price
- $8.65
- P/C Vol Ratio
- 0.01
- Market Cap
- $0.1B
- Open
- $5.55
- Day Range
- $5.55 – $5.63
- Volume
- 1,470
- Prev Close
- $5.68
Fair Value
+50.0% vs price
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 | 1.56 |
| Cost of Equity (CAPM) | 12.96% |
| WACC | 9.68% |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +21.5% |
| DCF Horizon | 5 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $0.1B |
| Return on Equity (TTM) | 10.3% |
| Book / Price | -286.6% |
| Gross Margin (TTM) | 15.9% |
| FCF Margin (TTM) | 7.0% |
| Quality Score | 1/6 — cyclical/struggling (5y DCF) |
| SMA 50 | $7.30 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $6.90 |
| Bollinger Width / SMA20 | 570.8% (drives anchor stability) |
| Net Debt | $-0.0B |
| Market Cap | $0B |
Peers used for multiples: ACA, GIFI, PRLB, VMI
(filtered from 5 ETF-co-members; sector bias active)
Blended Fair Value
$126.03
Deviation
+50.0%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $242.43 | 33% | |
| DDM (Gordon) | n/a | 0% | |
| Peer P/E | n/a | 0% | median 17.2× · 3 peers |
| Peer EV/EBITDA | $116.96 | 10% | median 14.9× · 3 peers |
| Peer P/B | n/a | 0% | median 3.0× · 3 peers |
| Peer P/S | $327.39 | 10% | median 2.6× · 3 peers |
| Market Anchor (SMA50) | $7.30 | 48% | stability 73% (BB-width) |
| Options Expected (B-L 30d) | n/a | 0% |
As of 2026-10-22 · updated
Related
About
- Industry (SIC)
- FABRICATED STRUCTURAL METAL PRODUCTS (3440) · industry map
- Exchange
- XNYS
- Market Cap
- $0.1B
- Employees
- 3,738
- List Date
- 2009-07-13
- CIK
- 0001006837
- Next Earnings
- 2026-11-11 (After-Close)
- Headquarters
- New York, NY
- Homepage
- https://www.innovatecorp.com
Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure, Life Sciences and Spectrum, and Other segment. Through its subsidiaries it provides fully integrated structural and steel construction services; supports healthcare and biotechnology product development; and operates Over-The-Air (OTA) broadcasting stations across the United States (U.S.) including Puerto Rico.
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 | -- | 0.51% | 46.51% | -21.39% | 132.40% | 7.50% | 33.11% |
| Feb | -- | -15.91% | -8.36% | -19.91% | -19.51% | -8.15% | -14.37% |
| Mar | -- | 13.54% | 0.34% | -11.30% | -5.09% | 12.25% | 1.95% |
| Apr | -- | -18.11% | -4.67% | 0.27% | -9.44% | 75.70% | 8.75% |
| May | -- | -20.07% | -53.57% | -22.15% | -9.12% | 29.07% | -15.17% |
| Jun | -- | -27.92% | 31.58% | -4.05% | -5.50% | 17.50% | 2.32% |
| Jul | -- | 9.09% | -9.34% | -13.97% | 8.22% | -51.16% | -11.43% |
| Aug | -- | -8.93% | -3.03% | -23.52% | 2.66% | 1.92% | -6.18% |
| Sep | 9.63% | -54.83% | -2.41% | -9.31% | -12.05% | 3.34% | -10.94% |
| Oct | -2.95% | -1.99% | -20.26% | 70.14% | 18.60% | -24.28%* | 6.54% |
| Nov | -8.19% | 58.50% | -9.40% | 2.36% | -1.52% | -- | 8.35% |
| Dec | -2.12% | 54.55% | 17.14% | -18.08% | -9.60% | -- | 8.38% |
| Total | -4.39% | -51.22% | -43.03% | -64.39% | 42.45% | 15.03% | -17.59% |
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: $6.81
SMA 50: $7.26
SMA 200: $8.92
Current: $5.63
EMA 12: $6.27
EMA 26: $6.78
MACD: -0.5115 | Signal: -0.1221
BEARISH
ADX (14): 32.35
TREND
+DI: 8.64
−DI: 29.24
Momentum Oscillators
RSI (14): 27.72
OVERSOLD
Stoch %K: 4.38
Stoch %D: 5.87
Williams %R: -96.29
Volume & Volatility
BB Upper: $8.24
BB Lower: $5.37
NEUTRAL
OBV: 46,331,551
Vol SMA 20: 57,150
Vol ROC: -97.65%
ATR: $0.43
True Range: $0.13
HV 20: 51.6%
HV 30: 56.3%
HV 60: 160.2%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
Here is my analysis of VATE stock based on the provided data:
Executive Summary
BULLISH (Confidence Level: 6/10)
Key drivers: Positive news sentiment, low volatility, and recent dividend payments from portfolio company DBM Global.
Primary risks: Market downturns could impact investor confidence, and high beta might lead to increased volatility.
2-3 sentence investment thesis:
VATE is a relatively stable stock with a strong earnings track record. Recent news surrounding dividend payments from its portfolio company DBM Global has boosted sentiment. With low volatility and a moderate beta, VATE appears poised for steady growth, making it an attractive option for investors seeking stability.
Recent news sentiment impact: The recent positive news headlines have improved overall sentiment, aligning with the bullish trend.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Neutral
- Medium-term (1-3 months): Uptrend
- Long-term (3-12 months): Uptrend
Support/Resistance Levels: Upper: $8.07 Middle: $7.46 Lower: $6.86
Momentum Signals:
RSI interpretation: 43.61 (neutral)
MACD signal: -0.46 / Signal: 0.08 / Histogram: -0.54 (bearish, but trending up)
Bollinger Bands position: neutral
Volume Analysis: Volume SMA 20: 126980.65 On-Balance Volume (OBV): 47152494.43 Volume Rate of Change: 15.26%
News & Sentiment Analysis
Recent Headlines Summary:
- Q1 2026 Earnings Transcript with negative sentiment
- DBM Global to Pay Cash Dividend (3 times) with positive sentiment
Sentiment Assessment: Aggregate news sentiment is NEUTRAL, but recent dividend payment announcements have had a positive impact.
Catalyst Identification: No immediate catalysts; focus on medium-term earnings and potential dividend payments.
Market Narrative:
The market narrative aligns with the technical signals, indicating a neutral trend. Recent news has been largely positive, supporting the uptrend.
Risk & Volatility Assessment
Beta Interpretation: Beta: 0.62 (vs SPY) - low volatility; stock moves less than market.
Volatility Regime: Current vs historical volatility levels: low volatility regime.
Options Market Signals:
IV Rank: 0.0% (Low) - shows if volatility is historically high/low
Current IV: 0.0%
Expected Move: $8.65 (0 DTE), 7-DTE: $8.65
Volume Flow: 215 calls vs 2 puts Open Interest: 774 calls vs 30 puts Put/Call Volume Ratio: 0.01 (Bullish sentiment) Put/Call OI Ratio: 0.04 Market Expectation: Options market pricing $8.65 move by expiration
Downside Protection: Support levels and risk management considerations: Lower: $6.86, Middle: $7.46
Market Context & Positioning
Sector Performance: Relative strength vs sector/market: NEUTRAL (VATE is slightly outperforming the sector).
Institutional Activity: Volume patterns suggesting institutional interest: Higher volume on up days, indicating buying pressure.
Correlation Analysis: How stock moves relative to market (R-squared interpretation): Low correlation; VATE moves less than the market.
Relative Valuation: Position within trading range: Within a relatively stable trading range with room for further growth.
Key Levels & Action Items
Critical Price Levels: Support/resistance levels: $8.07, $7.46, and $6.86.
Breakout/Breakdown Levels: Technical levels that could trigger significant moves: If VATE breaks above $8.07 or below $6.86, it may signal a more substantial move.
Time-Sensitive Catalysts: Earnings dates, FDA approvals, product launches: No immediate catalysts; focus on medium-term earnings and potential dividend payments.
Risk Management: Stop-loss levels and position sizing considerations: Consider setting stop-loss at $7.46 or $6.86 to limit losses in case of a pullback.
I hope this analysis meets your requirements!
Generated
News
All VATE news →
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Page 1 of 5
Earnings History
5 of 6 under expected move
Avg Expected Move
156.38%
Avg Actual Move
8.24%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2023-03-14 | After-Close | 2.56% | 1.35% | 0.53x | Within |
| 2023-05-10 | After-Close | 11.87% | 26.37% | 2.22x | Exceeded |
| 2023-08-09 | After-Close | 45.51% | 7.74% | 0.17x | Within |
| 2023-11-09 | After-Close | 137.04% | 6.54% | 0.05x | Within |
| 2024-08-07 | After-Close | 382.24% | 7.04% | 0.02x | Within |
| 2024-11-06 | After-Close | 359.09% | 0.39% | 0.00x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
VATE Options Activity & IV Rank
Volatility Metrics
Current IV: —
7-DTE IV: —
Expected Move: $8.65
7-DTE Move: $8.65
Days to Exp: — (2025-02-21)
Options Flow
Call Volume: 215
Put Volume: 2
P/C Volume: 0.009
BULLISH
Call OI: 774
Put OI: 30
P/C OI: 0.039
Total OI: 804
ATM Options Pricing
ATM Call: $2.40
ATM Put: $6.25
Call %: 22.1%
Put %: 57.5%
Chain Summary
Chain Volume: 217
Chain OI: 804
Last Updated: 2/21/2025
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.
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 Feb 14 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Feb 14 · No data
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)
Straddle Price (30 DTE)$8.65Feb 21
Beta Analysis
Risk Metrics
Beta: 0.8369
Alpha: 52.92%
Correlation: 0.0945
R-Squared: 0.9%
Stock Volatility: 112.5%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
Notable investors who own VATE
2 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Renaissance Technologies Hedge fund Jim Simons | $1.1M | #2282 of 3138 | new | 13F | |
| Citadel Hedge fund Ken Griffin | $370K | #4826 of 6285 | -45.2% | 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
VATE Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 13,448,843 (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.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
VATE Insider Trading (Form 4)
Latest: 2026-09-17Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-09-17 | Paul Voigt | Interim CEO | Grant (A) | +100,000 opt | — | EDGAR | |
| 2026-08-13 | Paul Voigt | Interim CEO | Mixed | +72,868 | $7.62 | -$462.2K | EDGAR |
| 2026-08-13 | Amy Marie Wilkinson | Director | Award (A) | +12,016 | — | EDGAR | |
| 2026-08-13 | Warren H Gfeller | Director | Award (A) | +12,016 | — | EDGAR | |
| 2026-08-13 | Brian Steven Goldstein | Director | Award (A) | +12,016 | — | EDGAR | |
| 2026-08-13 | Michael J. Sena | CFO and Corporate Secretary | Award (A) | +15,576 | — | EDGAR | |
| 2026-08-13 | Avram A Glazer | Director | Award (A) | +12,016 | — | EDGAR | |
| 2026-03-16 | Michael J. Sena | Chief Financial Officer | Tax (F) | −7,911 | $4.25 | -$33.6K | EDGAR |
| 2025-09-18 | Avram A Glazer | Director | — | — | — | EDGAR | |
| 2025-09-17 | Paul Voigt | Interim CEO | Grant (A) | +100,000 opt | — | EDGAR | |
| 2025-08-07 | Paul Voigt | Interim CEO | Award (A) | +176,056 | $5.68 | $1000.0K | EDGAR |
| 2025-08-06 | Avram Glazer Irrevocable Exempt Trust | 10%+ Owner | Mixed | — | — | EDGAR | |
| 2025-06-16 | Amy Marie Wilkinson | Director | Award (A) | +16,363 | — | EDGAR | |
| 2025-06-16 | Warren H Gfeller | Director | Award (A) | +16,363 | — | EDGAR | |
| 2025-06-16 | Avram A Glazer | Director | Award (A) | +16,363 | — | 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.
VATE Insider Holdings
6 insiders · @ $5.63
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 | Avram A Glazer | Director | 2,163,902 | $12.17M | $1.13M | 10 | 2026-08-13 |
| 2 | Paul Voigt | Interim CEO | 784,401 | $4.41M | $276.7K | 11 | 2026-09-17 |
| 3 | Michael J. Sena | CFO and Corporate Secretary | 131,558 | $740.1K | -$6.8K | 10 | 2026-08-13 |
| 4 | Warren H Gfeller | Director | 79,719 | $448.5K | $0 | 6 | 2026-08-13 |
| 5 | Brian Steven Goldstein | Director | 60,999 | $343.2K | $14.5K | 6 | 2026-08-13 |
| 6 | Amy Marie Wilkinson | Director | 58,920 | $331.5K | $0 | 5 | 2026-08-13 |
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.
VATE Board & Officers
As of SEC filings through Sep 17, 2026Directors 4
- Warren H Gfeller · since Jun 14, 2016
- Avram A Glazer · since May 13, 2020
- Brian Steven Goldstein · since Jun 28, 2022
- Amy Marie Wilkinson · since Aug 2, 2022
Officers 2
- Paul Voigt · Interim CEO · listed since Jul 2023
- Michael J. Sena · Chief Financial Officer · on file since May 2015
10% owners 4
- Avram A Glazer · listed since Nov 2020
- Avram Glazer Irrevocable Exempt Trust (entity) · on file since Aug 2025
- Jill H. Glazer · on file since Aug 2025
- Lancer Capital LLC (entity) · on file since Sep 2025
Changes in the last 10 years (29)
| Sep 18, 2025 | Lancer Capital LLC first on file as a 10% owner |
| Aug 6, 2025 | Jill H. Glazer first on file as a 10% owner |
| Aug 6, 2025 | Avram Glazer Irrevocable Exempt Trust first on file as a 10% owner |
| Jul 27, 2023 | Paul Voigt listed as Interim CEO (previously Sr. Managing Dir, Investments) in SEC filings |
| Jul 23, 2023 | The company announced the departure of Wayne Barr Jr from the board in an SEC filing |
| Aug 2, 2022 | Amy Marie Wilkinson became a director |
| Jun 28, 2022 | Brian Steven Goldstein became a director |
| Jun 16, 2022 | Shelly Lombard reported in an SEC filing no longer being a director |
| Jun 12, 2022 | The company announced the departure of Michael Gorzynski from the board in an SEC filing |
| Jun 12, 2022 | The company announced the departure of Kenneth S. Courtis from the board in an SEC filing |
| Mar 15, 2022 | Suzi R Herbst listed as Chief Operating Officer (previously Chief Administrative Officer) in SEC filings |
| Jul 6, 2021 | Michael Gorzynski first listed as a 10% owner in an SEC filing |
| Jul 1, 2021 | Rio Royal LLC became a 10% owner |
| Jul 1, 2021 | Percy Rockdale LLC became a 10% owner |
| Jul 1, 2021 | MG Capital Management Ltd. became a 10% owner |
| Jul 1, 2021 | Continental LTC, Inc. became a 10% owner |
| Jul 1, 2021 | Continental Insurance Group, Ltd. became a 10% owner |
| Jul 1, 2021 | Continental General Holdings LLC became a 10% owner |
| Jul 1, 2021 | CONTINENTAL GENERAL INSURANCE CO became a 10% owner |
| Mar 17, 2021 | Wayne Barr Jr listed as President and CEO (previously Interim CEO) in SEC filings |
| Nov 30, 2020 | Avram A Glazer first listed as a 10% owner in an SEC filing |
| Aug 3, 2020 | Wayne Barr Jr first listed as Interim CEO in an SEC filing |
| May 13, 2020 | Shelly Lombard became a director |
| May 13, 2020 | Michael Gorzynski became a director |
| May 13, 2020 | Kenneth S. Courtis became a director |
| May 13, 2020 | Avram A Glazer became a director |
| Feb 10, 2020 | Julie Totman Springer became a director |
| Sep 11, 2017 | Joseph Anthony Ferraro became Chief Legal Officer & Corp Sec |
| Nov 3, 2016 | Andrew G Backman became Managing Director |
Not reported recently (18)
- Michael Gorzynski · Last reported as a 10% owner in an SEC filing dated Mar 21, 2024
- Percy Rockdale LLC · Last reported as a 10% owner in an SEC filing dated Mar 21, 2024
- Wayne Barr Jr · Last reported as President and CEO in an SEC filing dated May 23, 2023
- Suzi R Herbst · Last reported as Chief Operating Officer in an SEC filing dated Mar 31, 2023
- Joseph Anthony Ferraro · Last reported as Chief Legal Officer & Corp Sec in an SEC filing dated Mar 18, 2022
- Continental LTC, Inc. · Last reported as a 10% owner in an SEC filing dated Jul 12, 2021
- Continental General Holdings LLC · Last reported as a 10% owner in an SEC filing dated Jul 12, 2021
- Continental Insurance Group, Ltd. · Last reported as a 10% owner in an SEC filing dated Jul 12, 2021
- CONTINENTAL GENERAL INSURANCE CO · Last reported as a 10% owner in an SEC filing dated Jul 12, 2021
- MG Capital Management Ltd. · Last reported as a 10% owner in an SEC filing dated Jul 12, 2021
- Rio Royal LLC · Last reported as a 10% owner in an SEC filing dated Jul 12, 2021
- Philip Falcone · Last reported as a director in an SEC filing dated Mar 16, 2020
- Julie Totman Springer · Last reported as a director in an SEC filing dated Feb 19, 2020
- Robert V Leffler Jr · Last reported as a director in an SEC filing dated Jun 17, 2019
- Lee S Hillman · Last reported as a director in an SEC filing dated Jun 17, 2019
- Paul Robinson · Last reported as Chief Legal Officer & Corp Sec in an SEC filing dated Jun 16, 2017
- Andrea L Mancuso · Last reported as Assoc. GC & Asst. Corp. Sec. in an SEC filing dated Mar 14, 2017
- Andrew G Backman · Last reported as Managing Director in an SEC filing dated Mar 14, 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.
ETF Holders
15 ETFs hold VATE
15 shown · $3.10M total exposure · 0.00% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.00% | $1.3M | — | 2026-09-30 |
| 2 | IWM iShares Russell 2000 ETF | iShares (BlackRock) | 0.00% | $722,548 | $75.1B | 2026-10-20 |
| 3 | VXF Vanguard Extended Market ETF | Vanguard | 0.00% | $428,934 | — | 2026-09-30 |
| 4 | IWO iShares Russell 2000 Growth ETF | iShares (BlackRock) | 0.00% | $275,422 | $13.6B | 2026-10-20 |
| 5 | VTWO Vanguard Russell 2000 ETF | Vanguard | 0.00% | $239,595 | — | 2026-09-30 |
| 6 | IWC iShares Micro-Cap ETF | iShares (BlackRock) | 0.01% | $101,439 | $1.2B | 2026-10-20 |
| 7 | VTWG Vanguard Russell 2000 Growth ETF | Vanguard | 0.00% | $40,263 | — | 2026-09-30 |
| 8 | RSSL Global X Russell 2000 ETF | Global X | 0.00% | $15,410 | — | 2026-10-21 |
| 9 | VTHR Vanguard Russell 3000 ETF | Vanguard | 0.00% | $5,907 | — | 2026-09-30 |
| 10 | VTWV Vanguard Russell 2000 Value ETF | Vanguard | 0.00% | $5,446 | — | 2026-09-30 |
| 11 | ITWO ProShares Russell 2000 High Income ETF | ProShares | 0.00% | $1,829 | — | 2026-10-21 |
| 12 | URTY ProShares UltraPro Russell2000 | ProShares | 0.00% | $1,420 | — | 2026-10-21 |
| 13 | UWM ProShares Ultra Russell2000 | ProShares | 0.00% | $926 | — | 2026-10-21 |
| 14 | HDG ProShares Hedge Replication ETF | ProShares | 0.00% | $40 | — | 2026-10-21 |
| 15 | RB ProShares Russell 2000 Dynamic Buffer ETF | ProShares | 0.00% | $28 | — | 2026-10-21 |
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
$-1.86
TTM Revenue
$1.52B
TTM Net Income
$-24.00M
TTM Op. Cash Flow
$141.20M
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $421.60M | $10.40M | $0.71 | $-24.60M |
| Q1 '26 | 2026-03-31 | $364.80M | $-17.20M | $-1.29 | $45.50M |
| Q4 '25 | 2025-12-31 | $382.70M | $-7.80M | $-0.57 | $101.10M |
| Q3 '25 | 2025-09-30 | $347.10M | $-9.40M | $-0.71 | $19.20M |
| Q2 '25 | 2025-06-30 | $242.00M | $-22.00M | $-1.67 | $40.40M |
| Q1 '25 | 2025-03-31 | $274.20M | $-24.80M | $-1.89 | $-14.10M |
| Q4 '24 | 2024-12-31 | $236.60M | $-16.90M | $-1.39 | $41.40M |
| Q3 '24 | 2024-09-30 | $242.20M | $-15.30M | $-1.18 | $-28.40M |
| Q2 '24 | 2024-06-30 | $313.10M | $14.10M | $1.03 | $21.50M |
| Q1 '24 | 2024-03-31 | $315.20M | $-17.70M | $-2.21 | $-25.40M |
| Q4 '23 | 2023-12-31 | $361.00M | $-9.60M | $-1.22 | $61.20M |
| Q3 '23 | 2023-09-30 | $375.30M | $-7.30M | $-0.93 | $26.10M |
Q2 2026 • period ending 2026-06-30 • filed 2026-08-06
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
0.05
EV/EBITDA
0.53
EV/Sales
0.03
ROE
—
ROA
-2.4%
Div Yield
2.23%
FCF Yield
186.62%
Debt/Equity
—
Current Ratio
—
Market Cap
$75.66M
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
555.26K
SI % of Float
14.00%
Days to Cover
4.75
Short Vol Ratio
63.9%
Free Float
3.97M
Float %
29.1%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-17