WMG Warner Music Group Corp. Class A Common Stock

XNAS 27.62 Delayed
Find condors

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.

WMG $27.62 —
Key stats
$27.62
After hours $27.62 +0.00%
52-Week Range
$23.34 – $35.42
YTD
-9.26%
IV Rank (30D)
84.31
Straddle Price
$2.58
P/C Vol Ratio
0.55
Market Cap
$14.2B
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)5.18%
Beta vs SPY1.04
Cost of Equity (CAPM)10.91% (VRP-adj)
WACC8.63%
Volatility Risk Premium+69.3pp (IV − HV30), ERP adj +50bps
Effective Tax Rate23.8%
Rev. Growth (YoY, DCF input)-0.2%
DCF Horizon10 years explicit + fade
Free Cash Flow (TTM)$0.8B
Return on Equity (TTM)46.2%
Book / Price11.8%
Gross Margin (TTM)45.8%
FCF Margin (TTM)11.4%
Debt / Equity4.94
Quality Score2/6 — normal (10y DCF)
Market-Implied Growth+0.2% (reverse-DCF on current price)
SMA 50$27.37 (Market Anchor value)
SMA 20 / Bollinger Mid$28.08
Bollinger Width / SMA2034.2% (drives anchor stability)
Net Debt$4.1B
Market Cap$8B
Peers used for multiples: AAPL, GOOGL, LYV, MSGE, NVDA, SONO, SPOT, TME
Model Conviction
14%
20-Day Fair Value
≈ by Oct 28, 2026
$27.66
α +0.1% rank 90%
40-Day Fair Value
≈ by Nov 26, 2026
$27.29
α -1.2% rank 90%
60-Day Fair Value
≈ by Dec 25, 2026
$27.15
α -1.7% rank 90%
MethodImplied PriceWeightDetail
DCF $26.14 24%
DDM (Gordon) $6.91 20%
Peer P/E $47.24 11% median 37.8× · 5 peers
Peer EV/EBITDA $121.04 11% median 25.2× · 6 peers
Peer P/B $111.99 2% median 35.0× · 6 peers
Peer P/S $158.87 7% median 6.5× · 6 peers
Market Anchor (SMA50) $27.37 0% stability 0% (BB-width)
Options Expected (B-L 30d) $26.67 24% 25 strikes · skew -0.70
As of 2026-09-29 · updated
About
Industry (SIC)
SERVICES-AMUSEMENT & RECREATION SERVICES (7900)
Exchange
XNAS
Market Cap
$14.2B

Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 180,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists …

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
MonthAvg ReturnYears of Data
Jan -0.11% 6
Feb -5.40% 6
Mar -2.54% 6
Apr -1.80% 6
May -6.91% 6
Jun -1.66% 7
Jul +8.07% 7
Aug -1.47% 7
Sep +0.59% 7
Oct +1.79% 6
Nov +4.71% 6
Dec +6.87% 6
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: $28.05
SMA 50: $27.36
SMA 200: $28.60
Current: $27.62
EMA 12: $27.63
EMA 26: $27.71
MACD: -0.0861 | Signal: -0.1458
BULLISH
ADX (14): 17.21
RANGE
+DI: 18.20
−DI: 19.41

Momentum Oscillators

RSI (14): 49.01
NEUTRAL
Stoch %K: 22.68
Stoch %D: 16.36
Williams %R: -63.32

Volume & Volatility

BB Upper: $29.41
BB Lower: $26.69
NEUTRAL
OBV: 2,449,846
Vol SMA 20: 2,010,555
Vol ROC: -11.17%
ATR: $0.88
True Range: $1.35
HV 20: 29.1%
HV 30: 26.9%
HV 60: 36.3%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-01T00:00:00 – 2026-09-29T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers:

  • Technical indicators suggest a consolidation phase with neutral momentum signals
  • Low volatility indicates reduced market risk, but options activity shows bearish sentiment
  • Recent news headlines unavailable, limiting narrative impact

Primary Risks:

  • Potential for mean reversion from overbought RSI levels
  • Bearish options sentiment may persist if earnings disappoint

Investment Thesis: WMG appears to be in a consolidation phase, with neutral momentum signals and low volatility. While recent news is lacking, the stock's relatively stable performance suggests it may be a defensive play during market uncertainty.

Recent News Sentiment Impact: N/A (no recent news available)

Technical Analysis

Trend Direction:

  • Short-term: NEUTRAL (SMA 20, SMA 50, and EMA 12 converge)
  • Medium-term: BULLISH (SMA 200 and EMA 26 indicate a longer-term uptrend)
  • Long-term: BEARISH (MACD bearish crossover)

Support/Resistance Levels:

  • Upper resistance: $30.20 (Bollinger Bands upper band)
  • Middle support: $28.52 (SMA 20 and Bollinger Bands middle band)
  • Lower support: $26.85 (Bollinger Bands lower band)

Momentum Signals:

  • RSI (14): 58.81 (neutral)
  • MACD: bearish crossover
  • Bollinger Bands: neutral signal

Volume Analysis:

  • Volume SMA 20: 2477750.35 (no clear trends)
  • On-Balance Volume (OBV): 4482006.00 (no significant changes)
  • Volume Rate of Change: -64.73% (decreasing volume)

News & Sentiment Analysis

Recent Headlines Summary: N/A (no recent news available)

Sentiment Assessment: N/A (no recent news available)

Catalyst Identification: None

Market Narrative: N/A (no recent news available)

Risk & Volatility Assessment

Risk Assessment:

  • Beta: 0.51 (low volatility, less than market)
  • Alpha: -0.08 (alpha relative to market)
  • Correlation: 0.37 (moderate correlation with market)

Volatility Regime: Low (stock moves less than market)

Options Market Signals:

  • IV Rank: 25.2% (Medium - historically high volatility)
  • Current IV: 53.9%
  • Expected Move: $1.65 (21 DTE), 7-DTE: $1.65
  • Volume Flow: Bearish sentiment (138 calls vs 671 puts)
  • Open Interest: Bearish bias (12,873 calls vs 1,676 puts)

Downside Protection:

  • Support levels: $28.52 and $26.85
  • Risk management considerations: Stop-loss at $27.50 or lower

Market Context & Positioning

Sector Performance: NEUTRAL (WMG performance aligned with sector)

Institutional Activity: MODERATE (volume patterns suggest institutional interest, but no clear trends)

Correlation Analysis: 0.37 (moderate correlation with market)

Relative Valuation: DEFENSIVE (position within trading range)

Key Levels & Action Items

Critical Price Levels:

  • $30.20 (upper resistance)
  • $28.52 (middle support)
  • $26.85 (lower support)

Breakout/Breakdown Levels:

  • $31.00 (potential breakout level)
  • $27.50 (potential breakdown level)

Time-Sensitive Catalysts: None

Risk Management: Stop-loss at $27.50 or lower, consider position sizing adjustments based on market conditions.

Note: This analysis focuses on the provided data and does not include any buy/sell advice. The reader should assess their individual risk tolerance and market context before making investment decisions.

Generated
Earnings History
6 of 8 under expected move
Avg Expected Move
7.51%
Avg Actual Move
4.21%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2024-11-21 After-Close 7.23% 2.28% 0.32x Within
2025-02-06 After-Close 3.31% 3.06% 0.92x Within
2025-05-08 Pre-Market 6.81% 8.08% 1.19x Exceeded
2025-08-07 Pre-Market 7.99% 3.56% 0.45x Within
2025-11-20 After-Close 2.69% 3.37% 1.25x Exceeded
2026-02-05 After-Close 7.98% 4.61% 0.58x Within
2026-05-07 After-Close 8.05% 7.47% 0.93x Within
2026-08-05 After-Close 16.06% 1.25% 0.08x Within
Options Activity
IV Rank (30D)
84.31
IV Rank (7D)
84.31
Avg IV
90.9%
Straddle (30D)
$2.58
Straddle (7D)
$2.58
P/C Volume
0.55
Spread Scanner GPU
Full Algorithm Docs ↗

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:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How 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 side

Which 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
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

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)
Beta Analysis
Beta (1Y vs SPY)
0.48
Correlation (SPY)
18.2%
R²
0.03
Ann. Volatility
34.1%
SPY Volatility
13.0%

Low volatility - stock moves less than market

Beta & Alpha Over Time
Institutional Ownership (13F)
Latest filings — 2026-06-30
Diluted shares outstanding: 297,919,750 (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.

343 filers171,604,908 shares$4.68B value57.60% of float
# Filer Shares Value % of Total % of Float Period
1 VANGUARD GROUP INC Custodian 12,840,938 $393.83M 8.41% 4.31% 2025-12-31
2 Independent Franchise Partners LLP 12,997,804 $351.85M 7.51% 4.36% 2026-06-30
3 Darsana Capital Partners LP 11,943,199 $323.30M 6.90% 4.01% 2026-06-30
4 JPMORGAN CHASE & CO Custodian 11,188,756 $297.68M 6.36% 3.76% 2026-06-30
5 BlackRock, Inc. Custodian 10,209,746 $276.38M 5.90% 3.43% 2026-06-30
6 BARROW HANLEY MEWHINNEY & STRAUSS LLC 8,909,122 $241.17M 5.15% 2.99% 2026-06-30
7 DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP 6,705,884 $181.53M 3.88% 2.25% 2026-06-30
8 VANGUARD CAPITAL MANAGEMENT LLC 6,221,543 $168.42M 3.60% 2.09% 2026-06-30
9 VANGUARD PORTFOLIO MANAGEMENT LLC 5,885,298 $159.32M 3.40% 1.98% 2026-06-30
10 FIL Ltd 5,827,313 $157.75M 3.37% 1.96% 2026-06-30
11 GOLDMAN SACHS GROUP INC Custodian 4,977,489 $134.74M 2.88% 1.67% 2026-06-30
12 COOKE & BIELER LP 4,620,824 $125.09M 2.67% 1.55% 2026-06-30
13 THRIVENT FINANCIAL FOR LUTHERANS 3,837,045 $103.87M 2.22% 1.29% 2026-06-30
14 STATE STREET CORP 2,701,899 $73.14M 1.56% 0.91% 2026-06-30
15 Qube Research & Technologies Ltd 2,544,216 $68.87M 1.47% 0.85% 2026-06-30
16 FMR LLC Custodian 2,515,422 $68.09M 1.45% 0.84% 2026-06-30
17 MORGAN STANLEY Custodian 2,408,509 $65.20M 1.39% 0.81% 2026-06-30
18 AQR CAPITAL MANAGEMENT LLC Custodian 2,436,958 $64.53M 1.38% 0.82% 2026-06-30
19 GEODE CAPITAL MANAGEMENT, LLC Custodian 2,213,818 $59.95M 1.28% 0.74% 2026-06-30
20 Point72 Asset Management, L.P. 1,912,689 $51.78M 1.11% 0.64% 2026-06-30
21 UBS Group AG Custodian 1,892,477 $51.23M 1.09% 0.64% 2026-06-30
22 DigitalBridge Group, Inc. 1,778,671 $48.15M 1.03% 0.60% 2026-06-30
23 HARRIS ASSOCIATES L P 1,611,030 $43.61M 0.93% 0.54% 2026-06-30
24 MILLENNIUM MANAGEMENT LLC Custodian 1,606,010 $43.47M 0.93% 0.54% 2026-06-30
25 WESTWOOD HOLDINGS GROUP INC 1,603,556 $43.41M 0.93% 0.54% 2026-06-30
12 filers$54.13M notional
# Filer Notional Value % of Total Period
1 JANE STREET GROUP, LLC Custodian $15.29M 28.25% 2026-06-30
2 CITADEL ADVISORS LLC Custodian $15.22M 28.12% 2026-06-30
3 GOLDMAN SACHS GROUP INC Custodian $9.57M 17.68% 2026-06-30
4 GROUP ONE TRADING LLC Custodian $6.53M 12.06% 2026-06-30
5 IMC-Chicago, LLC Custodian $3.11M 5.75% 2026-06-30
6 WOLVERINE TRADING, LLC Custodian $1.71M 3.17% 2025-09-30
7 PEAK6 LLC $1.15M 2.12% 2026-06-30
8 SIG BROKERAGE, LP $622.61K 1.15% 2026-06-30
9 SUSQUEHANNA INTERNATIONAL GROUP, LLP Custodian $498.09K 0.92% 2026-06-30
10 Walleye Trading LLC $270.70K 0.50% 2026-06-30
11 SIMPLEX TRADING, LLC Custodian $154.30K 0.29% 2026-06-30
12 Walleye Capital LLC $5.41K 0.01% 2026-06-30
4 filers$106.35M notional
# Filer Notional Value % of Total Period
1 JANE STREET GROUP, LLC Custodian $106.18M 99.83% 2026-06-30
2 Walleye Trading LLC $102.87K 0.10% 2026-06-30
3 GROUP ONE TRADING LLC Custodian $70.38K 0.07% 2026-06-30
4 SIMPLEX TRADING, LLC Custodian $2.71K <0.01% 2026-06-30
Insider Activity
Latest: 2026-09-03
Form 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
2026-09-03 Noreena Hertz Director Award (A) +45 — EDGAR
2026-09-03 Nancy Dubuc Director Award (A) +45 — EDGAR
2026-09-03 Cecelia Kurzman Director Award (A) +84 — EDGAR
2026-09-03 Michael Lynton Director Award (A) +122 — EDGAR
2026-09-03 Mathias Dopfner Director Award (A) +45 — EDGAR
2026-09-03 Ynon Kreiz Director Award (A) +45 — EDGAR
2026-06-04 Nancy Dubuc Director Award (A) +38 — EDGAR
2026-06-04 Mathias Dopfner Director Award (A) +38 — EDGAR
2026-06-04 Cecelia Kurzman Director Award (A) +38 — EDGAR
2026-06-04 Michael Lynton Director Award (A) +56 — EDGAR
2026-06-04 Noreena Hertz Director Award (A) +38 — EDGAR
2026-06-04 Ynon Kreiz Director Award (A) +38 — EDGAR
2026-05-26 ARMIN ZERZA COO & CFO Gift (G) −27,521 — EDGAR
2026-05-18 ARMIN ZERZA COO & CFO Mixed +182,068 $33.60 -$909.4K EDGAR
2026-04-20 Valentin Blavatnik Director Other (J) +280,000 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.
Insider Holdings
32 insiders · @ $27.62
Officers, directors, and 10%+ owners 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 Stephen Forbes Cooper Co-CEO 12,600,520 $348.03M -$17.29M 4 2023-01-06
2 ACCESS INDUSTRIES, LLC 11,161,101 $308.27M -$3.79B 3 2022-01-31
3 CT/FT HOLDINGS LLC 6,225,108 $171.94M -$3.13B 1 2022-01-07
4 Altep 2012 L.P. 4,754,626 $131.32M -$1.45B 1 2021-02-12
5 ACCESS INDUSTRIES MANAGEMENT, LLC 3,150,272 $87.01M -$951.38M 1 2021-09-10
6 Max Lousada CEO, Recorded Music 3,087,786 $85.28M -$92.28M 10 2024-09-13
7 AIPH Holdings LLC 2,330,259 $64.36M -$818.63M 1 2021-09-28
8 Access Industries Holdings LLC 1,200,000 $33.14M -$13.68B 2 2024-12-23
9 Robert Kyncl CEO 774,379 $21.39M $0 3 2026-01-06
10 ARMIN ZERZA COO & CFO 436,187 $12.05M $1.01M 4 2026-05-26
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
Notice of Proposed Sale (Form 144)
Latest: 2026-09-03
Last 30d: 1 filing · $1.9M notice value  ·  Last 90d: 1 filing · $1.9M notice value · 1 unique filer

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. Amendments (Form 144/A) and post-cancellation refilings can inflate this if you sum naively; the rollup above excludes filings with zero stated value.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Top 90-day filers: Armin Zerza (1, $1.9M)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-09-03 Armin Zerza Officer 63,299 $1.87M 2026-09-03 Goldman Sachs & Co. LLC — EDGAR
2025-04-02 Matusch Timothy Officer 1,000 $31.4K 2025-04-02 Fidelity Brokerage Services LLC — EDGAR
2025-02-14 Matusch Timothy Officer 1,103 $40.2K 2025-02-14 Fidelity Brokerage Services LLC — EDGAR
2025-02-12 Osherova Maria Officer 6,553 $222.2K 2025-02-12 Fidelity Brokerage Services LLC — EDGAR
2024-12-11 MAX GEORGE LOUSADA Affiliate 385,475 $12.52M 2024-12-11 Morgan Stanley Smith Barney LLC … — EDGAR
2024-12-10 MAX GEORGE LOUSADA Affiliate 458,534 $14.77M 2024-12-10 Morgan Stanley Smith Barney LLC … — EDGAR
2024-12-09 MAX GEORGE LOUSADA Affiliate 25,000 $808.8K 2024-12-09 Morgan Stanley Smith Barney LLC … — EDGAR
2024-09-03 MAX GEORGE LOUSADA Affiliate 934,467 $26.40M 2024-09-03 Morgan Stanley Smith Barney LLC … — EDGAR
2023-12-05 MAX GEORGE LOUSADA Affiliate 869,008 $28.99M 2023-12-05 Morgan Stanley Smith Barney 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.
Recent SEC Filings
Latest: 2026-05-07
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Accession Link
2026-05-07 0001319161-26-000021 EDGAR
2026-03-11 0001193125-26-102112 EDGAR
2026-03-06 0001193125-26-095149 EDGAR
2026-03-03 0001193125-26-086963 EDGAR
2026-02-05 0001193125-26-038593 EDGAR
2026-02-05 0001319161-26-000007 EDGAR
2025-12-01 0001193125-25-303579 EDGAR
2025-11-20 0001319161-25-000032 EDGAR
2025-11-07 0001193125-25-271139 EDGAR
2025-08-07 0001319161-25-000022 EDGAR
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Filing Date Accession Link
2025-11-20 0001319161-25-000034 EDGAR
2024-11-21 0001319161-24-000039 EDGAR
2023-11-21 0001319161-23-000036 EDGAR
2022-11-22 0001319161-22-000035 EDGAR
2021-11-23 0001319161-21-000036 EDGAR
2020-11-23 0001319161-20-000032 EDGAR
2019-11-27 0001319161-19-000010 EDGAR
2018-12-20 0001564590-18-031166 EDGAR
2017-12-05 0001564590-17-024528 EDGAR
2016-12-08 0001564590-16-029963 EDGAR
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-05-07 0001319161-26-000022 EDGAR
2026-02-09 0001319161-26-000010 EDGAR
2025-08-07 0001319161-25-000023 EDGAR
2025-05-08 0001319161-25-000016 EDGAR
2025-02-06 0001319161-25-000007 EDGAR
2024-08-07 0001319161-24-000027 EDGAR
2024-05-09 0001319161-24-000020 EDGAR
2024-02-08 0001319161-24-000010 EDGAR
2023-08-08 0001319161-23-000027 EDGAR
2023-05-09 0001319161-23-000019 EDGAR
ETF Holders
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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.

P/E Ratio22.1
P/B Ratio16.6
P/S Ratio1.9
EV/EBITDA11.5
TTM Revenue$7.3B
TTM Net Income$0.4B
TTM EPS$1.25
ROE46.2%
Dividend Yield2.82%
Debt/Equity5.56