WTW Willis Towers Watson Public Limited Company Ordinary Shares

XNAS 328.58 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.

WTW $328.58 —
Key stats
$328.58
52-Week Range
$240.61 – $351.51
YTD
+0.71%
IV Rank (30D)
27.18
Straddle Price
$22.80
P/C Vol Ratio
0.40
Market Cap
$30.3B
Open
$332.12
Day Range
$325.39 – $334.39
Volume
266,570
Prev Close
$328.86
Fair Value
MODEL: SHORT

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.90%
Beta vs SPY0.71
Cost of Equity (CAPM)8.43% (VRP-adj)
WACC7.99%
Volatility Risk Premium+19.8pp (IV − HV30)
Effective Tax Rate20.1%
Rev. Growth (YoY, DCF input)-10.0%
DCF Horizon10 years explicit + fade
Free Cash Flow (TTM)$1.7B
Return on Equity (TTM)20.1%
Book / Price25.5%
Gross Margin (TTM)100.0%
FCF Margin (TTM)17.0%
Debt / Equity0.74
Quality Score3/6 — normal (10y DCF)
Market-Implied Growth+3.5% (reverse-DCF on current price)
SMA 50$313.67 (Market Anchor value)
SMA 20 / Bollinger Mid$319.67
Bollinger Width / SMA2014.3% (drives anchor stability)
Net Debt$3.8B
Market Cap$31B
Peers used for multiples: ACGL, AIG, AON, BRO, CB, MRSH, PGR, TRV
60-Day Conviction
83%
20-Day Fair Value
≈ by Dec 8, 2026
$324.39
α -1.4% rank 9%
conviction
80%
40-Day Fair Value
≈ by Jan 6, 2027
$324.43
α -1.4% rank 9%
conviction
49%
60-Day Fair Value
≈ by Feb 4, 2027
$315.17
α -4.2% rank 9%
conviction
83%
MethodImplied PriceWeightDetail
DCF $120.26 21%
DDM (Gordon) $18.56 0%
Peer P/E $219.42 9% median 13.4× · 8 peers
Peer EV/EBITDA $277.13 9% median 10.4× · 8 peers
Peer P/B $201.62 2% median 2.4× · 8 peers
Peer P/S $229.06 6% median 2.1× · 8 peers
Market Anchor (SMA50) $313.67 32% stability 78% (BB-width)
Options Expected (B-L 30d) $330.41 21% 27 strikes · skew -0.17
As of 2026-11-09 · updated
About
Industry (SIC)
INSURANCE AGENTS, BROKERS & SERVICE (6411) · industry map
Exchange
XNAS
Market Cap
$30.3B
Employees
48,100
List Date
2001-06-12
CIK
0001140536
Last Earnings
Oct 29 before open · −0.3% vs ±7.0% expected
Next Earnings
~Feb 2, 2027 (estimated)
Headquarters
London England, X0
Homepage
https://www.willistowerswatson.com

Willis Towers Watson PLC is an advisory, broking, and solutions company that provides data-driven, insight-led solutions in the areas of people, risk, and capital. The company's segments include Health, Wealth & Career (HWC) and Risk & Broking (R&B). The HWC segment provides an array of advice, broking, solutions and technology for employee benefit plans, institutional investors, compensation and career programs, and employee experience overall. It focuses on four key areas: Health, Wealth, Career and Benefits Delivery & Outsourcing. The R&B segment provides risk advice, insurance brokerage an…

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
'22'23'24'25'26Avg
Jan0.58%3.67%2.65%6.56%-2.70%2.15%
Feb-5.85%-7.45%10.24%2.72%-3.61%-0.79%
Mar7.90%-0.00%1.41%-0.71%-4.41%0.84%
Apr-9.52%-0.75%-8.16%-8.66%-10.90%-7.60%
May-0.19%-6.17%0.23%3.33%-2.60%-1.08%
Jun-5.31%6.94%2.78%-3.41%1.68%0.54%
Jul3.76%-9.49%8.81%2.67%22.04%5.56%
Aug1.48%-2.75%2.73%3.82%-0.90%0.88%
Sep-2.97%0.52%0.79%6.14%-13.82%-1.87%
Oct5.58%13.33%0.54%-9.01%11.26%4.34%
Nov11.28%4.62%7.58%2.23%1.04%*5.35%
Dec-0.82%-1.72%-2.27%2.43%---0.59%
Total4.02%-1.48%29.30%6.80%-7.31%6.27%
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: $321.18
SMA 50: $313.37
SMA 200: $296.86
Current: $328.59
EMA 12: $326.29
EMA 26: $319.94
MACD: 6.3476 | Signal: 0.9758
BULLISH
ADX (14): 22.77
WEAK TREND
+DI: 27.16
−DI: 20.71

Momentum Oscillators

RSI (14): 59.12
NEUTRAL
Stoch %K: 59.51
Stoch %D: 72.19
Williams %R: -48.63

Volume & Volatility

BB Upper: $342.19
BB Lower: $300.17
NEUTRAL
OBV: -6,107,346
Vol SMA 20: 594,054
Vol ROC: -49.21%
ATR: $8.57
True Range: $9.00
HV 20: 28.9%
HV 30: 25.6%
HV 60: 26.1%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-11-08T00:00:00 – 2026-11-06T00:00:00
AI Analysis
Written before WTW’s Oct 29 earnings report, so it doesn’t reflect the results.

Here is my structured report for the LLM Stock Analysis Prompt Template:

Executive Summary

  • Overall assessment: NEUTRAL with a confidence level of 6/10
  • Key drivers:
    • Positive recent news headlines driving sentiment
    • Strong technical momentum signals
    • Low risk profile due to low volatility and positive fundamentals
  • Primary risks:
    • Potential for mean reversion or consolidation following recent gains
    • Uncertainty surrounding future earnings and guidance
  • Investment thesis: WTW is a relatively stable stock with strong fundamental support, driven by positive news sentiment and technical momentum. The stock's beta and volatility metrics indicate low risk, making it an attractive option for investors seeking a stable position.
  • Recent news sentiment impact: Positive recent headlines have contributed to the stock's upward trend.

Technical Analysis

  • Trend Direction: Short-term (1-4 weeks): Bullish; Medium-term (1-3 months): Bullish; Long-term (3-12 months): Neutral
  • Support/Resistance Levels: Key price levels from moving averages and technical patterns:
    • SMA 20: $324.35
    • SMA 50: $293.52
    • SMA 200: $298.86
    • Upper Bollinger Band: $364.81
  • Momentum Signals:
    • RSI interpretation: Neutral (57.08)
    • MACD signal: Bullish (14.79 / -2.22 / Signal: -2.22)
    • Bollinger Bands position: Neutral

News & Sentiment Analysis

  • Recent Headlines Summary: Key themes from last 10 news articles:
    • Appointments and strategic partnerships driving positive sentiment
    • Regulatory approvals and market trends supporting growth
  • Sentiment Assessment: Aggregate news sentiment: POSITIVE
  • Catalyst Identification: Upcoming events, earnings, product launches, regulatory changes:
    • No immediate catalysts identified, but future earnings and guidance will be crucial for near-term direction

Risk & Volatility Assessment

  • Beta Interpretation: Risk relative to market (beta -0.12 = low risk)
  • Volatility Regime: Current vs historical volatility levels: Low volatility, relatively stable
  • Options Market Signals:
    • IV rank: 28.2% (Medium) shows if volatility is historically high/low
    • Current IV: 48.6%
    • Expected Move: $18.60 (32 DTE), 7-DTE: $7.95
    • Volume Flow: 23 calls vs 56 puts
    • Open Interest: 42 calls vs 57 puts
  • Downside Protection: Support levels and risk management considerations:
    • SMA 20: $324.35
    • Lower Bollinger Band: $283.89

Market Context & Positioning

  • Sector Performance: Relative strength vs sector/market: WTW's sector is performing well, but the stock has outperformed its peers
  • Institutional Activity: Volume patterns suggesting institutional interest:
    • No recent unusual activity noted
  • Correlation Analysis: How stock moves relative to market (R-squared interpretation):
    • Stock moves relatively independently of market trends
  • Relative Valuation: Position within trading range:
    • WTW is positioned near the upper end of its historical trading range

Key Levels & Action Items

  • Critical Price Levels: Support/resistance to monitor:
    • SMA 20: $324.35
    • Upper Bollinger Band: $364.81
  • Breakout/Breakdown Levels: Technical levels that could trigger significant moves:
    • SMA 50: $293.52 (support)
    • Lower Bollinger Band: $283.89 (resistance)
  • Time-Sensitive Catalysts: Earnings dates, FDA approvals, product launches:
    • No immediate catalysts identified
  • Risk Management: Stop-loss levels and position sizing considerations:
    • Consider setting a stop-loss around SMA 20 ($324.35) to manage risk

I hope this comprehensive analysis meets your requirements!

Generated
News
All WTW news →
Earnings History
13 of 20 under expected move
Avg Expected Move
6.11%
Avg Actual Move
4.69%
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
2022-02-08 Pre-Market 3.05% 4.56% 1.50x Exceeded
2022-04-28 Pre-Market 7.64% 1.73% 0.23x Within
2022-07-28 Pre-Market 9.50% 0.71% 0.07x Within
2022-10-27 Pre-Market 5.31% 0.82% 0.15x Within
2023-02-09 Pre-Market 4.16% 7.06% 1.70x Exceeded
2023-04-27 Pre-Market 8.03% 5.03% 0.63x Within
2023-07-27 Pre-Market 5.00% 8.88% 1.78x Exceeded
2023-10-26 Pre-Market 6.21% 10.27% 1.65x Exceeded
2024-02-06 Pre-Market 5.21% 7.18% 1.38x Exceeded
2024-04-25 Pre-Market 5.86% 2.86% 0.49x Within
2024-07-25 Pre-Market 5.86% 3.97% 0.68x Within
2024-10-31 Pre-Market 5.02% 2.95% 0.59x Within
2025-02-04 Pre-Market 5.31% 3.13% 0.59x Within
2025-04-24 Pre-Market 6.05% 5.72% 0.95x Within
2025-07-31 Pre-Market 5.58% 4.63% 0.83x Within
2025-10-30 Pre-Market 6.47% 0.17% 0.03x Within
2026-02-03 Pre-Market 5.54% 5.84% 1.05x Exceeded
2026-04-30 Pre-Market 7.55% 11.69% 1.55x Exceeded
2026-07-30 Pre-Market 7.83% 6.37% 0.81x Within
2026-10-29 Pre-Market 7.04% 0.28% 0.04x Within

Earnings calendar: this week’s reports with expected vs actual moves →

WTW Options Activity & IV Rank

WTW IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 26.8%
7-DTE IV: 28.4%
Expected Move: $22.80
7-DTE Move: $13.05
Days to Exp: 39 (2026-12-18)

Options Flow · All expiries

Call Volume: 362
Put Volume: 143
P/C Volume: 0.395
BULLISH
Call OI: 616
Put OI: 282
P/C OI: 0.458
Total OI: 898

ATM Options Pricing

ATM Call: $11.95
ATM Put: $10.85
Call %: 3.6%
Put %: 3.3%

Chain Summary

Chain Volume: 505
Chain OI: 898
Last Updated: 11/9/2026
Spread Scanner
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Scanning bull put, bear call, iron condor and calendar spreads…

Dealer Positioning
TYPICAL γ

Estimated net dealer gamma is at the 75th 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
75%
vs own history
GEX tilt
+0.74
OI-weighted, today
Vanna tilt
+0.46
δ-sensitivity to IV
Charm tilt
-0.59
δ-decay vs time
Vanna tilt +0.46: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.59: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

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.

· 12 ATM contracts, 0k total OI
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
No data
30 DTE / 10d —
— pts EXTREME
No data

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Loading the implied volatility surface…

Volatility Smile

Loading the implied volatility smile…

IV Rank (7 DTE)27.0MediumNov 9
IV Rank (30 DTE)27.2MediumNov 9
Straddle Price (30 DTE)$22.80Nov 9
Beta Analysis

Risk Metrics

Beta: -0.1016
Alpha: 7.05%
Correlation: -0.0450
R-Squared: 0.2%
Stock Volatility: 31.1%
Market Volatility: 13.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
Notable investors who own WTW
6 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Citadel Hedge fund
Ken Griffin
$100.1M
0.06%
#406 of 6285-33.3%13F
Point72 Hedge fund
Steve Cohen
$45.8M
0.07%
#354 of 1945+6.6%13F
Renaissance Technologies Hedge fund
Jim Simons
$37.8M
0.05%
#431 of 3138+39.9%13F
Rockefeller Capital Management Family office
Rockefeller family
$5.4M
0.01%
#948 of 4729-4.7%13F
Millennium Management Hedge fund
Izzy Englander
$4.1M
0.00%
#2178 of 3716+90.0%13F
Bridgewater Associates Hedge fund
Ray Dalio
$2.2M
0.01%
#697 of 997-63.1%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

WTW Institutional Ownership (13F)

Filings for 2026-06-30 · 342 already for 2026-09-30
Diluted shares outstanding: 95,129,629 (as of 2026-09-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

730 filers91,312,932 shares$24.93B value95.99% of float
# Filer Shares Value % of Total % of Float Period
1 Massachusetts Financial Services Co 5,491,383 $2.26B 9.05% 5.77% 2026-06-30
2 BlackRock, Inc. Custodian 8,314,002 $2.17B 8.72% 8.74% 2026-06-30
3 Dodge & Cox 8,025,392 $2.10B 8.41% 8.44% 2026-06-30
4 Vanguard Capital Management LLC 6,174,220 $1.61B 6.47% 6.49% 2026-06-30
5 HARRIS ASSOCIATES L P 5,908,033 $1.54B 6.19% 6.21% 2026-06-30
6 Artisan Partners Limited Partnership 5,541,048 $1.45B 5.81% 5.82% 2026-06-30
7 First Eagle Investment Management, LLC 4,475,860 $1.17B 4.69% 4.71% 2026-06-30
8 State Street Corp 4,315,443 $1.13B 4.54% 4.54% 2026-06-30
9 Vanguard Portfolio Management LLC 4,064,712 $1.06B 4.26% 4.27% 2026-06-30
10 Geode Capital Management, LLC Custodian 2,596,389 $745.46M 2.99% 2.73% 2026-09-30
11 FMR LLC Custodian 2,215,896 $579.17M 2.32% 2.33% 2026-06-30
12 Invesco Ltd. Custodian 2,171,679 $567.61M 2.28% 2.28% 2026-06-30
13 T. Rowe Price Associates, Inc. 1,721,323 $449.90M 1.80% 1.81% 2026-06-30
14 Norges Bank 1,433,866 $374.77M 1.50% 1.51% 2026-06-30
15 Dimensional Fund Advisors LP Custodian 954,999 $275.26M 1.10% 1.00% 2026-09-30
16 Northern Trust Corp Custodian 1,049,080 $274.20M 1.10% 1.10% 2026-06-30
17 Arrowstreet Capital, Limited Partnership 1,022,261 $267.19M 1.07% 1.07% 2026-06-30
18 Bank of Montreal Custodian 933,387 $243.96M 0.98% 0.98% 2026-06-30
19 Jupiter Topco LLC 916,295 $239.49M 0.96% 0.96% 2026-06-30
20 Morgan Stanley Custodian 834,440 $218.10M 0.87% 0.88% 2026-06-30
21 Goldman Sachs Group Inc Custodian 769,245 $201.06M 0.81% 0.81% 2026-06-30
22 ABRAMS CAPITAL MANAGEMENT, L.P. 720,779 $188.39M 0.76% 0.76% 2026-06-30
23 AllianceBernstein L.P. 637,033 $185.19M 0.74% 0.67% 2026-06-30
24 American Century Companies, Inc. 670,954 $175.37M 0.70% 0.71% 2026-06-30
25 T. Rowe Price Investment Management, Inc. 665,179 $173.86M 0.70% 0.70% 2026-06-30
5 filers$26.95M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $8.52M 31.62% 2026-06-30
2 Citadel Advisors LLC Custodian $6.43M 23.86% 2026-06-30
3 Squarepoint Ops LLC $5.93M 22.02% 2026-06-30
4 Jane Street Group, LLC Custodian $3.06M 11.35% 2026-06-30
5 Walleye Trading LLC $3.01M 11.15% 2026-06-30
6 filers$15.05M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $7.03M 46.70% 2026-06-30
2 Squarepoint Ops LLC $2.46M 16.32% 2026-06-30
3 Jane Street Group, LLC Custodian $1.91M 12.67% 2026-06-30
4 Citadel Advisors LLC Custodian $1.59M 10.59% 2026-06-30
5 Walleye Trading LLC $1.20M 7.99% 2026-06-30
6 Twin Tree Management, LP $862.52K 5.73% 2026-06-30

WTW Insider Trading (Form 4)

Latest: 2026-10-22
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
2026-10-22 Lucy Clarke President of Risk & Broking Tax (F) −6 $288.23 -$1.7K EDGAR
2026-10-19 Lucy Clarke President of Risk & Broking Award (A) +37 — EDGAR
2026-10-19 Matthew Furman General Counsel Award (A) +5 — EDGAR
2026-10-19 Anne Pullum Co-Head of Corporate Dev. Award (A) +6 — EDGAR
2026-10-19 Joseph Stephen Kurpis PAO and Controller Award (A) +0 — EDGAR
2026-10-19 Alexis Faber Chief Operating Officer Award (A) +5 — EDGAR
2026-10-19 Andrew Jay Krasner Chief Financial Officer Award (A) +13 — EDGAR
2026-10-19 Imran Ahmed Qureshi Global Head of Geographies Award (A) +5 — EDGAR
2026-10-19 Kristy D Banas Chief Human Resources Officer Award (A) +4 — EDGAR
2026-10-19 Carl Aaron Hess Chief Executive Officer Award (A) +47 — EDGAR
2026-10-19 Julie Jarecke Gebauer Pres.-Health, Wealth & Career Award (A) +10 — EDGAR
2026-10-13 Kristy D Banas Chief Human Resources Officer Grant (A) +44 RSU — EDGAR
2026-10-13 Carl Aaron Hess Chief Executive Officer Grant (A) +97 RSU — EDGAR
2026-10-13 Matthew Furman General Counsel Grant (A) +57 RSU — EDGAR
2026-10-13 Andrew Jay Krasner Chief Financial Officer Grant (A) +78 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.

WTW Insider Holdings

20 insiders · @ $328.59
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 Carl Aaron Hess Chief Executive Officer 117,577 $38.63M -$4.03M 83 2026-10-19
2 Julie Jarecke Gebauer Pres.-Health, Wealth & Career 78,573 $25.82M -$10.69M 92 2026-10-19
3 Matthew Furman General Counsel 35,564 $11.69M -$912.0K 71 2026-10-19
4 Andrew Jay Krasner Chief Financial Officer 24,084 $7.91M -$1.02M 72 2026-10-19
5 Anne Pullum Co-Head of Corporate Dev. 22,451 $7.38M -$1.12M 71 2026-10-19
6 Lucy Clarke President of Risk & Broking 20,871 $6.86M $1.50M 17 2026-10-22
7 Paul D Thomas Director 13,043 $4.29M $0 6 2025-05-19
8 Imran Ahmed Qureshi Global Head of Geographies 12,222 $4.02M $0 68 2026-10-19
9 Kristy D Banas Chief Human Resources Officer 11,368 $3.74M $0 68 2026-10-19
10 Alexis Faber Chief Operating Officer 10,755 $3.53M -$331.5K 60 2026-10-19
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.

WTW Board & Officers

As of SEC filings through Oct 22, 2026

Directors 9

Officers 11

Changes in the last 10 years (44)
Nov 7, 2025Imran Ahmed Qureshi listed as Global Head of Geographies (previously Head of North America) in SEC filings
Nov 7, 2025Anne Pullum listed as Co-Head of Corporate Dev. (previously Head of Europe) in SEC filings
May 19, 2025Paul D Thomas reported in an SEC filing no longer being a director
Oct 15, 2024Julie Jarecke Gebauer listed as Pres.-Health, Wealth & Career (previously Head of Health, Wealth &Career) in SEC filings
Jul 23, 2024Adam Garrard reported in an SEC filing no longer being Head of Risk & Broking
Jul 22, 2024Lucy Clarke became President of Risk & Broking
May 19, 2023Linda D Rabbitt reported in an SEC filing no longer being a director
May 19, 2023Brendan R Oneill reported in an SEC filing no longer being a director
Apr 1, 2023Stephen M. Chipman became a director
Apr 1, 2023Jacqueline Hunt became a director
Apr 1, 2023Fredric J Tomczyk became a director
Oct 27, 2022Wilhelm Zeller reported in an SEC filing no longer being a director
Oct 1, 2022Paul C Reilly became a director
Sep 23, 2022Pamela Thomson-Hall became Head of International
Sep 23, 2022Alexis Faber became Chief Operating Officer
Jun 10, 2022Victor F Ganzi reported in an SEC filing no longer being a director
Apr 1, 2022Fumbi F. Chima became a director
Jan 12, 2022Carl Aaron Hess listed as Chief Executive Officer (previously President) in SEC filings
Jan 12, 2022Carl Aaron Hess first listed as a director in an SEC filing
Jan 3, 2022John J Haley reported in an SEC filing no longer being a director
Not reported recently (13)
  • Anne Donovan Bodnar · Last reported as Chief Administrative Officer in an SEC filing dated Apr 21, 2023
  • Gene H Wickes · Last reported as Head of Benefits Deliv & Admin in an SEC filing dated Jan 19, 2023
  • Wendy E Lane · Last reported as a director in an SEC filing dated May 13, 2022
  • Anna C Catalano · Last reported as a director in an SEC filing dated May 13, 2022
  • Joseph Gunn · Last reported as Head of North America in an SEC filing dated Aug 12, 2021
  • Michael J Burwell · Last reported as Chief Financial Officer in an SEC filing dated Aug 12, 2021
  • Nicolas Aubert · Last reported as Head of Great Britain in an SEC filing dated Jul 22, 2021
  • Susan Dorrance Davies · Last reported as PAO and Controller in an SEC filing dated Apr 19, 2021
  • Todd J. Jones · Last reported as Head- Corporate Risk & Broking in an SEC filing dated Aug 12, 2019
  • David Shalders · Last reported as Head- Operations & Technology in an SEC filing dated Mar 19, 2019
  • Paul G Morris · Last reported as Head of Western Europe in an SEC filing dated Mar 19, 2019
  • James F McCann · Last reported as a director in an SEC filing dated Sep 11, 2018
  • Dominic Casserley · Last reported as a director in an SEC filing dated Nov 22, 2016
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.

WTW Proposed Insider Sales (Form 144)

Latest: 2026-08-10
Last 30d: 0 filings  ·  Last 90d: 1 filing · $250K 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. 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.

Top 90-day filers: Faber Alexis (1, $250K)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-08-10 Faber Alexis Officer 730 $250.2K 2026-08-10 Fidelity Brokerage Services LLC — EDGAR
2026-03-03 Furman Matthew Officer 3,000 $912.0K 2026-03-03 Fidelity Brokerage Services LLC — EDGAR
2025-06-03 Krasner Andrew Jay Officer 1,600 $505.2K 2025-06-03 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2025-05-08 Hess Carl Aaron Officer, Director 10,000 $3.09M 2025-05-08 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2025-05-08 Faber Alexis Officer 265 $81.3K 2025-05-08 Fidelity Brokerage Services LLC 10b5-1 EDGAR
2025-03-03 Gebauer Julie Jarecke Officer 1,616 $547.3K 2025-03-03 Wells Fargo Clearing Services, L… — EDGAR
2025-02-28 Gebauer Julie Jarecke Officer 3,384 $1.14M 2025-02-28 Wells Fargo Clearing Services — EDGAR
2024-03-01 Krasner Andrew Jay Officer 1,100 $299.3K 2024-03-01 Fidelity Brokerage Services LLC — EDGAR
2024-02-20 Gebauer Julie Jarecke Officer 5,000 $1.38M 2024-02-20 Wells Fargo Clearing Services — EDGAR
2024-02-08 Garrard Adam Officer 5,400 $1.46M 2024-02-08 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: 2026-11-03
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Event Link
2026-11-03 Director or officer change EDGAR
2026-10-29 Earnings results · Regulation FD disclosure EDGAR
2026-07-30 Earnings results · Regulation FD disclosure EDGAR
2026-05-21 Shareholder vote results EDGAR
2026-04-30 Earnings results · Regulation FD disclosure EDGAR
2026-02-03 Earnings results · Regulation FD disclosure EDGAR
2026-01-27 Regulation FD disclosure EDGAR
2026-01-09 Material agreement · New debt obligation EDGAR
2025-12-22 Material agreement · Other events EDGAR
2025-12-16 Other events EDGAR
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
Filing Date Accession Link
2026-02-25 0001193125-26-069307 EDGAR
2025-02-25 0000950170-25-026278 EDGAR
2024-02-22 0000950170-24-018575 EDGAR
2023-02-24 0000950170-23-004303 EDGAR
2022-02-24 0000950170-22-001932 EDGAR
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-10-29 0001193125-26-437327 EDGAR
2026-07-30 0001193125-26-325374 EDGAR
2026-04-30 0001193125-26-195310 EDGAR
2025-10-30 0001193125-25-257944 EDGAR
2025-08-01 0000950170-25-101355 EDGAR
2025-04-24 0000950170-25-057769 EDGAR
2024-10-31 0000950170-24-119420 EDGAR
2024-07-25 0000950170-24-086379 EDGAR
2024-04-25 0000950170-24-048159 EDGAR
2023-10-26 0000950170-23-055453 EDGAR
ETF Holders
193 ETFs hold WTW
25 shown · $4.67B total exposure · 0.07% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.04% $850.7M — 2026-09-30
2 VOO Vanguard S&P 500 ETF Vanguard 0.04% $702.8M — 2026-09-30
3 VO Vanguard Morningstar Mid-Cap ETF Vanguard 0.27% $573.2M — 2026-09-30
4 IVV iShares Core S&P 500 ETF iShares (BlackRock) 0.05% $410.6M $852.9B 2026-11-06
5 SPY State Street® SPDR® S&P 500® ETF Trust SPDR (State Street) 0.05% $383.3M $777.7B 2026-11-05
6 VTV Vanguard Morningstar Value ETF Vanguard 0.10% $255.0M — 2026-09-30
7 RSP Invesco S&P 500 Equal Weight ETF Invesco 0.21% $215.9M — 2026-11-05
8 XLF State Street® Financial Select Sector SPDR® ETF SPDR (State Street) 0.39% $210.2M $54.5B 2026-11-05
9 VOE Vanguard Morningstar Mid-Cap Value ETF Vanguard 0.46% $167.1M — 2026-09-30
10 IWR iShares Russell Mid-Cap ETF iShares (BlackRock) 0.23% $130.4M $56.9B 2026-11-06
11 USMV iShares MSCI USA Min Vol Factor ETF iShares (BlackRock) 0.37% $88.6M $23.7B 2026-11-06
12 SPYM State Street® SPDR® Portfolio S&P 500® ETF SPDR (State Street) 0.05% $87.5M $177.9B 2026-11-05
13 DFAC Dimensional US Core Equity 2 ETF Dimensional 0.09% $75.0M — 2026-11-05
14 IWD iShares Russell 1000 Value ETF iShares (BlackRock) 0.08% $67.0M $82.9B 2026-11-06
15 IVE iShares S&P 500 Value ETF iShares (BlackRock) 0.10% $51.0M $50.4B 2026-11-06
16 FMDE Fidelity Enhanced Mid Cap Core ETF Fidelity 0.59% $50.7M $8.6B 2026-11-05
17 VFH Vanguard Financials ETF Vanguard 0.32% $45.0M — 2026-09-30
18 IWS iShares Russell Mid-Cap Value ETF iShares (BlackRock) 0.30% $43.9M $14.8B 2026-11-06
19 QUAL iShares MSCI USA Quality Factor ETF iShares (BlackRock) 0.09% $42.9M $47.6B 2026-11-06
20 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.04% $40.0M $93.2B 2026-11-06
21 SPYV State Street® SPDR® Portfolio S&P 500® Value ETF SPDR (State Street) 0.10% $39.7M $38.2B 2026-11-05
22 TCAF T. Rowe Price Capital Appreciation Equity ETF Nport 0.52% $38.4M — 2026-06-30
23 DCOR Dimensional US Core Equity 1 ETF Dimensional 0.08% $34.7M — 2026-11-05
24 DGRO iShares Core Dividend Growth ETF iShares (BlackRock) 0.08% $34.3M $44.7B 2026-11-06
25 FVD First Trust Value Line® Dividend Index Fund First Trust 0.41% $33.4M $8.1B 2026-11-06
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
20.12
TTM Diluted EPS
$16.35
TTM Revenue
$10.27B
TTM Net Income
$1.56B
TTM Op. Cash Flow
$1.98B
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q3 '262026-09-30$2.46B$303.00M$3.24$739.00M
Q2 '262026-06-30$2.47B$229.00M$2.43$484.00M
Q1 '262026-03-31$2.41B$297.00M$3.10$-10.00M
Q4 '252025-12-31$2.94B$735.00M$7.52$771.00M
Q3 '252025-09-30$2.29B$304.00M$3.11$678.00M
Q2 '252025-06-30$2.26B$331.00M$3.32$361.00M
Q1 '252025-03-31$2.22B$235.00M$2.33$-35.00M
Q4 '242024-12-31$3.04B$1.25B$12.15$599.00M
Q3 '242024-09-30$2.29B$-1.68B$-16.44$482.00M
Q2 '242024-06-30$2.27B$141.00M$1.36$407.00M
Q1 '242024-03-31$2.34B$190.00M$1.83$24.00M
Q4 '232023-12-31$2.91B$622.00M$5.89$522.00M
Q3 2026 • period ending 2026-09-30 • filed 2026-10-29
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
20.12
P/B
4.10
P/S
3.15
EV/EBITDA
12.98
EV/Sales
3.56
ROE
20.1%
ROA
5.1%
Div Yield
1.15%
FCF Yield
6.04%
Debt/Equity
0.74
Current Ratio
—
Market Cap
$31.82B
as of 2026-11-09

WTW vs Peers

Related companies, largest first
Company Market cap P/E Revenue growth YTD IV rank
CB Chubb Limited $139.5B 14.2 +6.5% +17.3% 29
PGR Progressive Corporation $132.0B 11.6 +13.9% +7.4% 44
MRSH Marsh $97.4B 24.7 — +12.5% 28
TRV The Travelers Companies, Inc. $81.0B 10.3 +1.1% +37.9% 53
AON Aon plc Class A $71.0B 18.5 +3.8% −1.8% 35
AIG American International Group, Inc. $40.3B 14.0 −2.3% −5.5% 40
ACGL Arch Capital Group Ltd $34.9B 8.3 +8.8% +15.0% 58
WTW Willis Towers Watson Public Limited Comp $30.3B 20.1 +4.8% +0.7% 27
BRO Brown & Brown, Inc. $23.9B 21.4 +27.5% −8.1% 39
Peer median $76.0B 14.1 +6.5% +10.0% 39

P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.

Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
2.25M
SI % of Float
2.43%
Days to Cover
4.76
Short Vol Ratio
55.2%
Free Float
92.53M
Float %
99.6%
Short interest 2026-10-15 • Short volume 2026-11-06 • Float 2026-08-14