WELL Welltower Inc.
XNYS
237.32
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.
WELL
$237.32
—
Key stats
$237.32
- 52-Week Range
- $174.90 – $255.20
- YTD
- +26.95%
- IV Rank (30D)
- 82.08
- Straddle Price
- $15.35
- P/C Vol Ratio
- 1.15
- Market Cap
- $171.1B
- Open
- $239.06
- Day Range
- $235.20 – $240.65
- Volume
- 2,108,747
- Prev Close
- $237.40
Fair Value
MODEL: NEUTRAL
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 5.12% |
| Beta vs SPY | 0.73 |
| Cost of Equity (CAPM) | 8.79% (VRP-adj) |
| WACC | 8.49% |
| Volatility Risk Premium | +30.2pp (IV − HV30) |
| Effective Tax Rate | 21.0% |
| Rev. Growth (YoY, DCF input) | +30.0% |
| DCF Horizon | 10 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.10 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $-15.6B |
| Return on Equity (TTM) | 3.3% |
| Book / Price | 28.3% |
| Gross Margin (TTM) | 38.1% |
| FCF Margin (TTM) | -125.3% |
| Debt / Equity | 0.37 |
| Quality Score | 3/6 — normal (10y DCF) |
| SMA 50 | $233.73 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $230.35 |
| Bollinger Width / SMA20 | 3.5% (drives anchor stability) |
| Net Debt | $15.8B |
| Market Cap | $168B |
Peers used for multiples: AMT, DLR, EQIX, PLD, PSA, SPG, VMRK, VTR
60-Day Conviction
2%
20-Day Fair Value
≈ by Nov 23, 2026
$240.85
α +1.5%
rank 38%
conviction
79%
40-Day Fair Value
≈ by Dec 22, 2026
$241.57
α +1.8%
rank 38%
conviction
57%
60-Day Fair Value
≈ by Jan 20, 2027
$237.19
α -0.1%
rank 38%
conviction
2%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | n/a | 0% | |
| DDM (Gordon) | $84.99 | 0% | |
| Peer P/E | $72.09 | 6% | median 30.2× · 7 peers |
| Peer EV/EBITDA | $80.16 | 7% | median 23.9× · 7 peers |
| Peer P/B | $407.13 | 9% | median 6.1× · 7 peers |
| Peer P/S | $188.29 | 9% | median 9.7× · 7 peers |
| Market Anchor (SMA50) | $233.73 | 46% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $239.58 | 23% | 27 strikes · skew +0.59 |
As of 2026-10-23 · updated
Related
About
- Industry (SIC)
- REAL ESTATE INVESTMENT TRUSTS (6798) · industry map
- Exchange
- XNYS
- Market Cap
- $171.1B
- Employees
- 712
- List Date
- 1978-02-17
- CIK
- 0000766704
- Next Earnings
- 2026-10-26 (After-Close)
- EPS Forecast
- $1.64 (5 est.)
- Headquarters
- Toledo, OH
- Homepage
- https://www.welltower.com
Welltower owns a diversified healthcare portfolio of 2,950 in-place properties spread across the senior housing, medical office, and skilled nursing/postacute care sectors. The portfolio includes over 900 properties in Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.
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 | -1.62% | 1.25% | 12.08% | -4.13% | 9.43% | 0.76% | 2.96% |
| Feb | 8.62% | -1.62% | -1.01% | 4.45% | 9.35% | 10.51% | 5.05% |
| Mar | 4.60% | 16.76% | -1.92% | 0.78% | -2.33% | -5.92% | 2.00% |
| Apr | 2.43% | -7.17% | 10.44% | 3.58% | -1.01% | 9.29% | 2.93% |
| May | -2.25% | -1.14% | -4.66% | 9.87% | 2.63% | -5.34% | -0.15% |
| Jun | 8.34% | -6.59% | 8.42% | 0.18% | -0.96% | 15.00% | 4.07% |
| Jul | 3.74% | 3.76% | 0.83% | 6.97% | 8.89% | 1.76% | 4.33% |
| Aug | 1.46% | -10.85% | -2.03% | 7.38% | 1.23% | 1.35% | -0.24% |
| Sep | -6.55% | -16.01% | -0.87% | 4.89% | 6.20% | -4.23% | -2.76% |
| Oct | -4.11% | -6.64% | 2.30% | 5.72% | 0.93% | 4.57%* | 0.46% |
| Nov | -3.43% | 18.19% | 4.30% | 3.68% | 14.21% | -- | 7.39% |
| Dec | 8.08% | -7.66% | 0.79% | -5.97% | -8.97% | -- | -2.75% |
| Total | 19.36% | -21.08% | 30.82% | 42.87% | 44.45% | 28.73% | 24.19% |
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: $230.64
SMA 50: $233.79
SMA 200: $217.35
Current: $237.32
EMA 12: $233.72
EMA 26: $232.56
MACD: 1.1616 | Signal: 1.2535
BEARISH
ADX (14): 14.32
RANGE
+DI: 23.52
−DI: 15.17
Momentum Oscillators
RSI (14): 58.11
NEUTRAL
Stoch %K: 82.10
Stoch %D: 82.45
Williams %R: -16.13
Volume & Volatility
BB Upper: $240.41
BB Lower: $220.88
NEUTRAL
OBV: 130,261,037
Vol SMA 20: 2,429,302
Vol ROC: -25.63%
ATR: $4.98
True Range: $5.45
HV 20: 19.3%
HV 30: 18.7%
HV 60: 18.8%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-25T00:00:00 – 2026-10-23T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary BULLISH (Confidence Level: 7/10)
Key drivers:
- Bullish MACD signal
- Neutral RSI reading
- Strong institutional interest in options market
Primary risks:
- Potential for a near-term pullback if price approaches Bollinger Bands' upper level
- High beta (-0.07) indicates high correlation with the broader market, which could amplify potential losses
Investment thesis: Welltower's growth story might outperform its rich valuation, driven by strong institutional interest in options market and bullish MACD signal.
Recent news sentiment impact: Positive headlines (4-6) are likely to support price, while neutral headlines (1-3) will not have a significant impact on short-term trading decisions.
Technical Analysis Trend Direction:
- Short-term: Uptrend
- Medium-term: Uptrend
- Long-term: Uptrend
Support/Resistance Levels:
- Upper Bollinger Band: $251.70
- Middle Bollinger Band: $240.09
- Lower Bollinger Band: $228.49
Momentum Signals:
- RSI (14): 52.09 (neutral)
- MACD: Bullish crossover above signal line
- Bollinger Bands: Neutral, indicating no significant momentum
Volume Analysis:
- Volume SMA 20: 3094361.10
- On-Balance Volume (OBV): 141866148.59
- Volume Rate of Change: -5.29%
News & Sentiment Analysis Recent Headlines Summary:
- Neutral headlines on REIT ETFs and Welltower's growth story
Sentiment Assessment: Neutral sentiment prevails, with no significant news affecting short-term trading decisions.
Catalyst Identification:
- Upcoming earnings report
- Product launches in senior housing and healthcare sectors
Market Narrative: The market narrative is neutral, with no significant news contradicting technical signals. Earnings expectations will likely drive price action in the near term.
Risk & Volatility Assessment Risk Metrics:
- Beta: -0.07 (vs SPY)
- Alpha: 0.38
- Correlation: -0.04
- Stock Volatility: 0.22
Interpretation: Negative beta (-0.07) indicates that Welltower moves opposite to the broader market, which could amplify potential losses.
Options Market Signals:
- IV Rank: 13.8% (Low)
- Current IV: 43.0%
- Expected Move: $15.40 (42 DTE), 7-DTE: $9.12
Market Context & Positioning Sector Performance: Real estate sector outperforming the broader market.
Institutional Activity: Options volume and open interest indicate strong institutional interest in Welltower's options market.
Correlation Analysis: Welltower has a negative correlation with the broader market (-0.04), indicating potential for contrarian trading opportunities.
Relative Valuation: Welltower is positioned within its trading range, with no significant overvaluation or undervaluation signals present.
Key Levels & Action Items Critical Price Levels:
- Support: $240.09 (SMA 50)
- Resistance: $251.70 (Upper Bollinger Band)
Breakout/Breakdown Levels:
- Breakout level: $255.00
- Breakdown level: $225.00
Time-Sensitive Catalysts: Upcoming earnings report and product launches in senior housing and healthcare sectors.
Risk Management: Stop-loss levels should be set below SMA 50 ($240.09) to mitigate potential losses. Position sizing considerations should prioritize cautious approach, as high beta (-0.07) amplifies market volatility.
Generated
News
All WELL news →
An analyst upgraded his recommendation on the specialty REIT.
Earnings History
24 of 24 under expected move
Avg Expected Move
5.31%
Avg Actual Move
2.12%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-01-19 | After-Close | 9.51% | 1.85% | 0.19x | Within |
| 2021-04-06 | After-Close | 3.44% | 1.40% | 0.41x | Within |
| 2021-07-29 | After-Close | 5.35% | 0.99% | 0.19x | Within |
| 2021-11-04 | After-Close | 5.58% | 5.13% | 0.92x | Within |
| 2022-01-11 | After-Close | 3.82% | 0.02% | 0.01x | Within |
| 2022-04-05 | After-Close | 3.14% | 1.43% | 0.46x | Within |
| 2022-06-07 | After-Close | 3.86% | 3.72% | 0.96x | Within |
| 2022-08-09 | After-Close | 4.45% | 0.79% | 0.18x | Within |
| 2022-10-04 | After-Close | 6.29% | 3.20% | 0.51x | Within |
| 2023-02-15 | After-Close | 3.41% | 3.08% | 0.90x | Within |
| 2023-05-02 | After-Close | 5.30% | 0.22% | 0.04x | Within |
| 2023-07-31 | After-Close | 4.83% | 2.98% | 0.62x | Within |
| 2023-10-30 | After-Close | 5.96% | 2.13% | 0.36x | Within |
| 2024-01-22 | After-Close | 5.01% | 0.99% | 0.20x | Within |
| 2024-04-29 | After-Close | 5.17% | 0.52% | 0.10x | Within |
| 2024-07-29 | After-Close | 5.46% | 0.53% | 0.10x | Within |
| 2024-10-28 | After-Close | 7.14% | 5.18% | 0.73x | Within |
| 2025-02-11 | After-Close | 5.54% | 2.16% | 0.39x | Within |
| 2025-04-28 | After-Close | 5.80% | 1.63% | 0.28x | Within |
| 2025-07-28 | After-Close | 5.09% | 4.85% | 0.95x | Within |
| 2025-10-27 | After-Close | 5.86% | 1.59% | 0.27x | Within |
| 2026-02-10 | After-Close | 5.18% | 3.51% | 0.68x | Within |
| 2026-04-28 | After-Close | 5.74% | 1.00% | 0.17x | Within |
| 2026-07-27 | After-Close | 6.46% | 1.92% | 0.30x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
WELL Options Activity & IV Rank
WELL IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 28.9%
7-DTE IV: —
Expected Move: $15.35
7-DTE Move: $15.35
Days to Exp: 28 (2026-11-20)
Options Flow
Call Volume: 60
Put Volume: 69
P/C Volume: 1.15
NEUTRAL
Call OI: 2,579
Put OI: 1,738
P/C OI: 0.674
Total OI: 4,317
ATM Options Pricing
ATM Call: $6.15
ATM Put: $9.20
Call %: 2.6%
Put %: 3.9%
Chain Summary
Chain Volume: 6,973
Chain OI: 53,804
Last Updated: 10/23/2026
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 35th 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
35%
vs own history
GEX tilt
+0.36
OI-weighted, today
Vanna tilt
+0.66
δ-sensitivity to IV
Charm tilt
-0.77
δ-decay vs time
Vanna tilt +0.66: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.77: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 42 ATM contracts, 18k 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
36%
+5.2
pts
EXTREME
ATM 28.6% / Wing 33.8%
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)82.1HighOct 23
Straddle Price (30 DTE)$15.35Oct 23
Beta Analysis
Risk Metrics
Beta: -0.0548
Alpha: 33.29%
Correlation: -0.0308
R-Squared: 0.1%
Stock Volatility: 22.7%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
WELL Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 707,282,750 (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.
33 filers$1.06B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $652.97M | 61.77% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $77.17M | 7.30% | 2026-06-30 |
| 3 | Susquehanna International Group, LLP Custodian | $66.64M | 6.30% | 2026-06-30 |
| 4 | TORONTO DOMINION BANK | $56.74M | 5.37% | 2026-06-30 |
| 5 | National Bank of Canada Custodian | $48.80M | 4.62% | 2026-06-30 |
| 6 | Delta Accumulation, LLC | $39.99M | 3.78% | 2026-06-30 |
| 7 | IMC-Chicago, LLC Custodian | $19.32M | 1.83% | 2026-06-30 |
| 8 | Twin Tree Management, LP | $17.43M | 1.65% | 2026-06-30 |
| 9 | Massachusetts Financial Services Co | $15.19M | 1.44% | 2026-06-30 |
| 10 | Goldman Sachs Group Inc Custodian | $14.62M | 1.38% | 2026-06-30 |
| 11 | Simplex Trading, LLC Custodian | $10.26M | 0.97% | 2026-06-30 |
| 12 | Wolverine Trading, LLC Custodian | $6.11M | 0.58% | 2025-09-30 |
| 13 | CAPSTONE INVESTMENT ADVISORS, LLC | $4.06M | 0.38% | 2026-06-30 |
| 14 | Squarepoint Ops LLC | $3.63M | 0.34% | 2026-06-30 |
| 15 | Allianz Asset Management GmbH | $3.52M | 0.33% | 2026-06-30 |
| 16 | JPMorgan Chase & Co Custodian | $2.73M | 0.26% | 2026-06-30 |
| 17 | Walleye Trading LLC | $2.63M | 0.25% | 2026-06-30 |
| 18 | SG Americas Securities, LLC | $2.37M | 0.22% | 2026-06-30 |
| 19 | D. E. Shaw & Co., Inc. Custodian | $2.36M | 0.22% | 2026-06-30 |
| 20 | TUDOR INVESTMENT CORP ET AL | $2.32M | 0.22% | 2026-06-30 |
| 21 | Qube Research & Technologies Ltd | $2.27M | 0.21% | 2026-06-30 |
| 22 | Cubist Systematic Strategies, LLC | $1.82M | 0.17% | 2025-09-30 |
| 23 | PEAK6 LLC | $907.88K | 0.09% | 2026-06-30 |
| 24 | Marex Group Ltd | $612.82K | 0.06% | 2026-06-30 |
| 25 | Point72 Asset Management, L.P. | $476.64K | 0.05% | 2026-06-30 |
22 filers$720.92M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $327.81M | 45.47% | 2026-06-30 |
| 2 | Goldman Sachs Group Inc Custodian | $175.74M | 24.38% | 2026-06-30 |
| 3 | Susquehanna International Group, LLP Custodian | $61.35M | 8.51% | 2026-06-30 |
| 4 | Delta Accumulation, LLC | $50.68M | 7.03% | 2026-06-30 |
| 5 | Citadel Advisors LLC Custodian | $33.80M | 4.69% | 2026-06-30 |
| 6 | IMC-Chicago, LLC Custodian | $14.50M | 2.01% | 2026-06-30 |
| 7 | CAPSTONE INVESTMENT ADVISORS, LLC | $10.99M | 1.52% | 2026-06-30 |
| 8 | Flat Footed LLC | $9.37M | 1.30% | 2026-06-30 |
| 9 | Simplex Trading, LLC Custodian | $5.74M | 0.80% | 2026-06-30 |
| 10 | GROUP ONE TRADING LLC Custodian | $5.13M | 0.71% | 2026-06-30 |
| 11 | HSBC Holdings plc Custodian | $5.03M | 0.70% | 2026-06-30 |
| 12 | Allianz Asset Management GmbH | $4.86M | 0.67% | 2026-06-30 |
| 13 | JPMorgan Chase & Co Custodian | $4.55M | 0.63% | 2026-06-30 |
| 14 | Wolverine Trading, LLC Custodian | $3.61M | 0.50% | 2025-09-30 |
| 15 | Walleye Trading LLC | $3.18M | 0.44% | 2026-06-30 |
| 16 | Squarepoint Ops LLC | $2.09M | 0.29% | 2026-06-30 |
| 17 | READYSTATE ASSET MANAGEMENT LP | $930.58K | 0.13% | 2026-06-30 |
| 18 | Millennium Management LLC Custodian | $680.91K | 0.09% | 2026-06-30 |
| 19 | Cubist Systematic Strategies, LLC | $374.09K | 0.05% | 2025-09-30 |
| 20 | Two Sigma Investments, LP Custodian | $249.67K | 0.03% | 2026-06-30 |
| 21 | Point72 Asset Management, L.P. | $204.27K | 0.03% | 2026-06-30 |
| 22 | One River Asset Management, LLC | $45.39K | <0.01% | 2026-06-30 |
WELL Insider Trading (Form 4)
Latest: 2026-09-30Form 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 |
|---|---|---|---|---|---|---|---|
| 2026-09-30 | Timothy McHugh | Co-President and CFO | Award (A) | +11 | $173.32 | $1.9K | EDGAR |
| 2026-08-27 | Andrew Gundlach | Director | Buy (P) | +10,000 | $240.76 | $2.41M | EDGAR |
| 2026-08-24 | Dennis G Lopez | Director | Award (A) | +73 | $237.40 | $17.3K | EDGAR |
| 2026-06-29 | Shankh Mitra | CEO | Mixed | −3,835 | $173.32 | $2.9K | EDGAR |
| 2026-05-27 | Shankh Mitra | CEO | Gift (G) | −162 | — | EDGAR | |
| 2026-05-26 | Dennis G Lopez | Director | Award (A) | +63 | $216.01 | $13.6K | EDGAR |
| 2026-05-05 | Kenneth J Bacon | Director | Conv (C) | +2,627 | — | EDGAR | |
| 2026-05-01 | Shankh Mitra | CEO | Gift (G) | −700 | — | EDGAR | |
| 2026-02-27 | Kenneth J Bacon | Director | Grant (A) | +2,112 RSU | — | EDGAR | |
| 2026-02-27 | Karen B DeSalvo | Director | Award (A) | +1,056 | — | EDGAR | |
| 2026-02-27 | Dennis G Lopez | Director | Award (A) | +1,787 | — | EDGAR | |
| 2026-02-27 | Ade J. Patton | Director | Grant (A) | +2,112 RSU | — | EDGAR | |
| 2026-02-27 | Sergio Rivera | Director | Award (A) | +1,056 | — | EDGAR | |
| 2026-02-27 | Johnese Spisso | Director | Award (A) | +1,056 | — | EDGAR | |
| 2026-02-27 | Andrew Gundlach | Director | Grant (A) | +3,574 RSU | — | 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.
WELL Insider Holdings
14 insiders · @ $237.32
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 | Shankh Mitra | CEO | 76,556 | $18.17M | $3.9K | 45 | 2026-06-29 |
| 2 | Matthew Grant Mcqueen | Chief Legal Officer | 26,881 | $6.38M | $0 | 38 | 2026-02-18 |
| 3 | Sergio Rivera | Director | 26,611 | $6.32M | $0 | 17 | 2026-02-27 |
| 4 | Andrew Gundlach | Director | 25,000 | $5.93M | $5.44M | 8 | 2026-08-27 |
| 5 | Timothy McHugh | Co-President and CFO | 23,435 | $5.56M | $0 | 31 | 2026-09-30 |
| 6 | Joshua Fieweger | SVP, Chief Accounting Officer | 21,269 | $5.05M | $0 | 35 | 2026-02-18 |
| 7 | Dennis G Lopez | Director | 18,597 | $4.41M | $0 | 30 | 2026-08-24 |
| 8 | Johnese Spisso | Director | 16,057 | $3.81M | $0 | 10 | 2026-02-27 |
| 9 | Kenneth J Bacon | Director | 14,306 | $3.40M | -$441.3K | 18 | 2026-05-05 |
| 10 | Karen B DeSalvo | Director | 12,369 | $2.94M | -$605.7K | 20 | 2026-02-27 |
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.
WELL Board & Officers
As of SEC filings through Sep 30, 2026Directors 9
- Sergio Rivera · since Aug 26, 2014
- Kenneth J Bacon · since Jan 29, 2016
- Johnese Spisso · since Nov 30, 2018
- Karen B DeSalvo · since Nov 30, 2018
- Kathryn M Sullivan · since Feb 7, 2019
- Ade J. Patton · since May 26, 2021
- Dennis G Lopez · since May 26, 2021
- Shankh Mitra · listed since Nov 2023
- Andrew Gundlach · since Jul 29, 2024
Officers 6
- Shankh Mitra · CEO · listed since Dec 2024
- Nikhil Chaudhri · Co-President and CIO · listed since Feb 2025
- Timothy McHugh · Co-President and CFO · listed since Feb 2025
- John F. Burkart · Vice Chairman and COO · listed since Feb 2025
- Joshua Fieweger · SVP, Chief Accounting Officer · listed since Dec 2022
- Matthew Grant Mcqueen · Chief Legal Officer · listed since Feb 2025
Changes in the last 10 years (37)
| Feb 24, 2025 | Timothy McHugh listed as Co-President and CFO (previously EVP - Chief Financial Officer) in SEC filings |
| Feb 24, 2025 | Nikhil Chaudhri listed as Co-President and CIO (previously EVP - Chief Investment Officer) in SEC filings |
| Feb 24, 2025 | Matthew Grant Mcqueen listed as Chief Legal Officer (previously EVP, Gen.Counsel & Secretary) in SEC filings |
| Feb 24, 2025 | John F. Burkart listed as Vice Chairman and COO (previously EVP-Chief Operating Officer) in SEC filings |
| Dec 10, 2024 | Shankh Mitra listed as CEO (previously CEO & Director) in SEC filings |
| Dec 3, 2024 | The company announced the departure of Diana Reid from the board in an SEC filing |
| Aug 22, 2024 | Nikhil Chaudhri became EVP - Chief Investment Officer |
| Jul 29, 2024 | Andrew Gundlach became a director |
| Mar 21, 2024 | The company announced the departure of Philip L Hawkins from the board in an SEC filing |
| Dec 28, 2023 | The company announced the departure of Ayesha Menon as EVP - Wellness Housing & Deve in an SEC filing |
| Nov 3, 2023 | Shankh Mitra first listed as a director in an SEC filing |
| Jan 18, 2023 | Ayesha Menon listed as EVP - Wellness Housing & Deve (previously SVP - Strategic Investments) in SEC filings |
| Dec 21, 2022 | Shankh Mitra listed as CEO & Director (previously CEO & CIO) in SEC filings |
| Dec 21, 2022 | Joshua Fieweger listed as SVP, Chief Accounting Officer (previously Senior President, Controller) in SEC filings |
| Jan 14, 2022 | Shankh Mitra listed as CEO & CIO (previously CEO, COO & CIO) in SEC filings |
| Jul 19, 2021 | John F. Burkart became EVP-Chief Operating Officer |
| May 26, 2021 | Dennis G Lopez became a director |
| May 26, 2021 | Ade J. Patton became a director |
| Dec 3, 2020 | Timothy McHugh listed as EVP - Chief Financial Officer (previously SVP - Chief Financial Officer) in SEC filings |
| Dec 3, 2020 | Shankh Mitra listed as CEO, COO & CIO (previously EVP, Investments) in SEC filings |
| Dec 3, 2020 | Matthew Grant Mcqueen listed as EVP, Gen.Counsel & Secretary (previously SVP, Gen.Counsel & Secretary) in SEC filings |
| Dec 3, 2020 | Joshua Fieweger listed as Senior President, Controller (previously Vice President, Controller) in SEC filings |
| Oct 7, 2020 | Philip L Hawkins became a director |
| Jul 23, 2020 | Diana Reid became a director |
| Mar 18, 2020 | Ayesha Menon became SVP - Strategic Investments |
| Sep 4, 2019 | Timothy McHugh became SVP - Chief Financial Officer |
| May 15, 2019 | Thomas J Derosa listed as Chairman & CEO (previously Chief Executive Officer) in SEC filings |
| Feb 7, 2019 | Kathryn M Sullivan became a director |
| Nov 30, 2018 | Karen B DeSalvo became a director |
| Nov 30, 2018 | Johnese Spisso became a director |
| Aug 13, 2018 | Shankh Mitra listed as EVP, Investments (previously SVP, Investments) in SEC filings |
| Mar 20, 2018 | Joshua Fieweger became Vice President, Controller |
| Jan 8, 2018 | Shankh Mitra listed as SVP, Investments (previously SVP, Finance & Investments) in SEC filings |
| Oct 3, 2017 | John Goodey became Chief Financial Officer |
| Jul 26, 2017 | Gary Whitelaw became a director |
| Feb 15, 2017 | Shankh Mitra became SVP, Finance & Investments |
| Feb 15, 2017 | Matthew Grant Mcqueen became SVP, Gen.Counsel & Secretary |
Not reported recently (14)
- Jeffrey H Donahue · Last reported as a director in an SEC filing dated Mar 7, 2022
- Sharon M Oster · Last reported as a director in an SEC filing dated Feb 16, 2021
- R Scott Trumbull · Last reported as a director in an SEC filing dated Feb 19, 2020
- Thomas J Derosa · Last reported as a director in an SEC filing dated Feb 19, 2020
- John Goodey · Last reported as Chief Financial Officer in an SEC filing dated Mar 15, 2019
- Mercedes Kerr · Last reported as EVP-Business Development in an SEC filing dated Mar 1, 2019
- Judith C Pelham · Last reported as a director in an SEC filing dated Feb 11, 2019
- Timothy J Naughton · Last reported as a director in an SEC filing dated Feb 11, 2019
- Geoffrey G Meyers · Last reported as a director in an SEC filing dated Feb 11, 2019
- Gary Whitelaw · Last reported as a director in an SEC filing dated Feb 11, 2019
- Fred S Klipsch · Last reported as a director in an SEC filing dated Feb 12, 2018
- Scott A Estes · Last reported as EVP and CFO in an SEC filing dated Aug 28, 2017
- Jeffrey H Miller · Last reported as Evp-Coo in an SEC filing dated Feb 1, 2017
- Scott M Brinker · Last reported as EVP - Chief Investment Officer in an SEC filing dated Jan 3, 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.
WELL Proposed Insider Sales (Form 144)
Latest: 2025-04-30
? 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 |
|---|---|---|---|---|---|---|---|---|
| 2025-04-30 | DeSalvo Karen B | Director | 4,000 | $605.4K | 2025-04-30 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2024-12-09 | Kenneth J. Bacon | Director | 2,200 | $289.0K | 2024-12-09 | Goldman Sachs & Co. LLC | — | EDGAR |
| 2024-06-04 | BACON KENNETH J | Director | 1,800 | $187.0K | 2024-06-04 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2024-02-15 | Menon Ayesha | Former Officer | 8,162 | $766.4K | 2024-02-15 | Fidelity Brokerage Services LLC | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-06-01
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-06-01 | 0001193125-26-249823 | EDGAR |
| 2026-05-22 | 0001193125-26-237176 | EDGAR |
| 2026-04-29 | 0001193125-26-189039 | EDGAR |
| 2026-04-28 | 0000766704-26-000018 | EDGAR |
| 2026-03-10 | 0001193125-26-099414 | EDGAR |
| 2026-02-10 | 0000766704-26-000005 | EDGAR |
| 2025-10-28 | 0001193125-25-252628 | EDGAR |
| 2025-10-27 | 0000766704-25-000037 | EDGAR |
| 2025-10-27 | 0001193125-25-251787 | EDGAR |
| 2025-08-04 | 0001193125-25-172601 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-02-12 | 0000766704-26-000010 | EDGAR |
| 2025-02-12 | 0000766704-25-000009 | EDGAR |
| 2024-02-15 | 0000766704-24-000008 | EDGAR |
| 2023-02-21 | 0000766704-23-000010 | EDGAR |
| 2022-02-16 | 0000766704-22-000013 | EDGAR |
| 2021-02-10 | 0000766704-21-000018 | EDGAR |
| 2020-02-14 | 0000766704-20-000015 | EDGAR |
| 2019-02-25 | 0000766704-19-000014 | EDGAR |
| 2018-02-28 | 0000766704-18-000012 | EDGAR |
| 2017-02-22 | 0000766704-17-000012 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-04-29 | 0000766704-26-000021 | EDGAR |
| 2025-10-28 | 0000766704-25-000040 | EDGAR |
| 2025-07-29 | 0000766704-25-000029 | EDGAR |
| 2025-04-29 | 0000766704-25-000020 | EDGAR |
| 2024-10-29 | 0000766704-24-000039 | EDGAR |
| 2024-07-30 | 0000766704-24-000033 | EDGAR |
| 2024-04-30 | 0000766704-24-000022 | EDGAR |
| 2023-10-31 | 0000766704-23-000031 | EDGAR |
| 2023-08-01 | 0000766704-23-000025 | EDGAR |
| 2023-05-03 | 0000766704-23-000017 | EDGAR |
ETF Holders
330 ETFs hold WELL
25 shown · $29.63B total exposure · 0.42% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VNQ Vanguard Real Estate ETF | Vanguard | 9.14% | $6.1B | — | 2026-09-30 |
| 2 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.23% | $5.3B | — | 2026-09-30 |
| 3 | VOO Vanguard S&P 500 ETF | Vanguard | 0.25% | $4.4B | — | 2026-09-30 |
| 4 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 0.25% | $2.2B | $878.4B | 2026-10-21 |
| 5 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 0.25% | $2.1B | $820.7B | 2026-10-21 |
| 6 | VUG Vanguard Morningstar Growth ETF | Vanguard | 0.46% | $1.8B | — | 2026-09-30 |
| 7 | SCHH Schwab U.S. REIT ETF | Nport | 9.62% | $960.0M | — | 2026-05-31 |
| 8 | XLRE State Street® Real Estate Select Sector SPDR® ETF | SPDR (State Street) | 11.61% | $919.4M | $7.9B | 2026-10-21 |
| 9 | DFAR Dimensional US Real Estate ETF | Dimensional | 7.55% | $620.6M | — | 2026-10-21 |
| 10 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 0.25% | $465.4M | $184.5B | 2026-10-21 |
| 11 | REET iShares Global REIT ETF | iShares (BlackRock) | 9.77% | $461.0M | $4.8B | 2026-10-21 |
| 12 | CGGR Capital Group Growth ETF | Capitalgroup | 1.71% | $448.3M | $26.2B | 2026-10-21 |
| 13 | IYR iShares U.S. Real Estate ETF | iShares (BlackRock) | 10.27% | $396.8M | $3.9B | 2026-10-21 |
| 14 | USRT iShares Core U.S. REIT ETF | iShares (BlackRock) | 9.23% | $386.7M | $4.2B | 2026-10-21 |
| 15 | DYNF iShares U.S. Equity Factor Rotation Active ETF | iShares (BlackRock) | 0.89% | $380.4M | $42.1B | 2026-10-21 |
| 16 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.45% | $378.0M | $84.8B | 2026-10-21 |
| 17 | IVW iShares S&P 500 Growth ETF | iShares (BlackRock) | 0.46% | $359.5M | $75.8B | 2026-10-21 |
| 18 | USMV iShares MSCI USA Min Vol Factor ETF | iShares (BlackRock) | 1.47% | $352.5M | $24.3B | 2026-10-21 |
| 19 | DFGR Dimensional Global Real Estate ETF | Dimensional | 8.96% | $339.6M | $3.8B | 2026-10-21 |
| 20 | SPYG State Street® SPDR® Portfolio S&P 500® Growth ETF | SPDR (State Street) | 0.46% | $260.6M | $56.4B | 2026-10-21 |
| 21 | MGK Vanguard Morningstar Mega Cap Growth ETF | Vanguard | 0.71% | $249.2M | — | 2026-09-30 |
| 22 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.22% | $218.6M | $96.2B | 2026-10-21 |
| 23 | SPMO Invesco S&P 500 Momentum ETF | Invesco | 0.88% | $196.0M | — | 2026-10-21 |
| 24 | VV Vanguard Morningstar Large-Cap ETF | Vanguard | 0.26% | $195.5M | — | 2026-09-30 |
| 25 | RSP Invesco S&P 500 Equal Weight ETF | Invesco | 0.20% | $194.9M | — | 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
109.36
TTM Diluted EPS
$2.17
TTM Revenue
$12.47B
TTM Net Income
$1.55B
TTM Op. Cash Flow
$3.19B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q2 '26 | 2026-06-30 | $3.52B | $445.00M | $0.61 | $1.00B |
| Q1 '26 | 2026-03-31 | $3.31B | $728.67M | $1.02 | $670.01M |
| Q4 '25 | 2025-12-31 | $3.08B | $96.44M | $0.13 | $654.33M |
| Q3 '25 | 2025-09-30 | $2.56B | $280.56M | $0.41 | $858.36M |
| Q2 '25 | 2025-06-30 | $2.52B | $301.89M | $0.45 | $770.03M |
| Q1 '25 | 2025-03-31 | $2.39B | $257.96M | $0.40 | $598.96M |
| Q4 '24 | 2024-12-31 | $2.15B | $119.97M | $0.18 | $559.21M |
| Q3 '24 | 2024-09-30 | $1.94B | $-376.28K | $-0.13 | $240.40K |
| Q2 '24 | 2024-06-30 | $1.73B | $254.71M | $0.42 | $605.42M |
| Q1 '24 | 2024-03-31 | $1.78B | $127.15M | $0.22 | $406.81M |
| Q4 '23 | 2023-12-31 | $1.84B | $83.91M | $0.16 | $370.50M |
| Q3 '23 | 2023-09-30 | $1.58B | $127.47M | $0.24 | $439.06M |
Q2 2026 • period ending 2026-06-30 • filed 2026-07-28
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
109.36
P/B
3.54
P/S
13.46
EV/EBITDA
66.54
EV/Sales
14.73
ROE
3.3%
ROA
2.2%
Div Yield
1.20%
FCF Yield
1.90%
Debt/Equity
0.37
Current Ratio
—
Market Cap
$167.85B
as of 2026-10-23
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
17.74M
SI % of Float
2.47%
Days to Cover
6.02
Short Vol Ratio
69.6%
Free Float
718.29M
Float %
99.7%
Short interest 2026-09-30 • Short volume 2026-10-23 • Float 2026-08-24