Zebra Technologies Corporation(ZBRA)

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership.

ZBRA iron condor setups ZBRA expected move ZBRA IV rank history

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.

Snapshot
$249.95
52-Week Range
$199.05 – $352.66
YTD
+0.66%
IV Rank (30D)
16.59
Straddle Price
$21.95
P/C Vol Ratio
0.48
Market Cap
$11.6B
Fair Value
+37.5% vs price
Confidence: 87% Alpha Score: 0.42

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 ≥ 0.5% and dividend payments are stable.
  • 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)4.50%
Beta vs SPY1.00
Cost of Equity (CAPM)9.96% (VRP-adj)
WACC8.74%
Volatility Risk Premium+12.2pp (IV − HV30), ERP adj +46bps
Effective Tax Rate25.6%
Rev. Growth (YoY, DCF input)+15.6%
DCF Horizon10 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.8B
Return on Equity (TTM)12.0%
Book / Price28.1%
Gross Margin (TTM)48.2%
FCF Margin (TTM)15.0%
Debt / Equity0.69
Quality Score2/6 — normal (10y DCF)
Market-Implied Growth+3.6% (reverse-DCF on current price)
SMA 50$237.15 (Market Anchor value)
SMA 20 / Bollinger Mid$238.93
Bollinger Width / SMA206.6% (drives anchor stability)
Net Debt$2.3B
Market Cap$12B
Peers used for multiples: CVLT, DDOG, DOV, EMR, FLS, INOD, OUST, TDC
Blended Fair Value
$345.93
Current Price
$251.53
Deviation
+37.5%
Forward-Return Rank LONG gates ✓
?
Horizon Expected α z Pred Blended z Rank % Active?
21d -3.4% ⚠ -0.01 +0.29 44.0% —
42d -4.2% ⚠ +0.42 +0.51 51.8% —
63d -3.5% ⚠ +0.61 +0.60 53.2% —
Expected α = forward-return point estimate vs SPY (e.g., +7.5% means the predictor expects this stock to outperform SPY by 7.5% over that horizon). For SHORT direction the model uses a different ranking metric (conviction-weighted deviation, not the LGBM prediction); Expected α is shown for reference. ⚠ flags rows where Expected α disagrees with the FV direction — two independent signals are in conflict; conviction is low even if rank looks extreme.
Forward-Return Rank. A proprietary ensemble of a machine-learning forward-return model and a conviction-weighted fundamental score, ranked cross-sectionally each day across the S&P 500 (and broader universes on the screener). Each stock is scored at three horizons (21/42/63 trading days). "Active" = top/bottom 5% AND all risk filters pass. Backtested mean alpha vs SPY on active picks: 21d LONG +13.4%, 63d +34.9% (S&P 500, walk-forward). Past performance is not indicative of future results.
Value vs momentum conflict ⚠. The "FV direction" (long/short) comes from the fundamentals-based engine — price vs intrinsic value. The "Expected α" comes from a separate machine-learning predictor trained on ~12 features (sector, options-implied move, beta, institutional flow, etc.). Sometimes the two disagree: a stock is overvalued by fundamentals but the predictor expects it to keep outperforming (sector or momentum tailwinds). When all 3 horizons disagree, treat the direction signal as low-conviction — neither model is strongly recommending a position.
MethodImplied PriceWeightDetail
DCF $540.15 19%
DDM (Gordon) n/a 0%
Peer P/E $295.10 6% median 32.4× · 7 peers
Peer EV/EBITDA $425.36 6% median 21.1× · 7 peers
Peer P/B $504.03 6% median 7.4× · 8 peers
Peer P/S $537.64 6% median 4.4× · 8 peers
Market Anchor (SMA50) $237.15 38% stability 100% (BB-width)
Options Expected (B-L 30d) $255.75 19% 28 strikes · skew -0.10
As of 2026-06-26 · updated 2026-06-26 20:59:30.580000
Info
Industry (SIC)
GENERAL INDUSTRIAL MACHINERY & EQUIPMENT (3560)
Exchange
XNAS
Market Cap
$11.6B

Zebra Technologies is the largest provider of automatic identification and data capture technology to enterprises. Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.

Chart
Seasonality
MonthAvg ReturnYears of Data
Jan -0.91% 23
Feb +3.97% 23
Mar +0.76% 23
Apr +0.89% 23
May +1.51% 23
Jun +0.75% 23
Jul +1.15% 22
Aug +0.44% 22
Sep -1.75% 23
Oct +2.07% 23
Nov +5.42% 23
Dec -0.26% 23
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: $239.12
SMA 50: $237.59
SMA 200: $250.85
Current: $251.53
EMA 12: $241.33
EMA 26: $239.65
MACD: 1.6793 | Signal: 1.3905
BULLISH
ADX (14): 14.18
RANGE
+DI: 25.05
−DI: 18.81
Momentum Oscillators
RSI (14): 57.21
NEUTRAL
Stoch %K: 87.69
Stoch %D: 80.32
Williams %R: -3.20
Volume & Volatility
BB Upper: $258.41
BB Lower: $219.82
NEUTRAL
OBV: -4,030,006
Vol SMA 20: 1,135,256
Vol ROC: 35.99%
ATR: $10.81
True Range: $13.74
HV 20: 53.2%
HV 30: 50.7%
HV 60: 47.6%
Data Summary
Data Points: 500
Last Updated: 2026-06-26T21:15:24.784000
Date Range: 2024-06-28T00:00:00 – 2026-06-26T00:00:00
AI Analysis

Here is my analysis of the LLM Stock Analysis Prompt Template:

Executive Summary

Overall Assessment: BULLISH (Confidence Level: 7/10)

Key Drivers: Recent positive news headlines, strong technical momentum, and moderate institutional interest.

Primary Risks: High volatility, potential for a pullback if earnings miss expectations, and mixed signals from technical indicators.

Investment Thesis: ZBRA is poised to continue its uptrend, driven by recent positive news and strong technical momentum. However, high volatility and potential earnings misses pose risks that need to be carefully managed.

Recent News Sentiment Impact: Positive sentiment has been a key driver of the stock's recent price increase.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Bullish
  • Medium-term (1-3 months): Neutral
  • Long-term (3-12 months): Bullish

Support/Resistance Levels:

  • SMA 20: $239.12 (support)
  • SMA 50: $237.59 (support)
  • Upper Bollinger Band: $258.41 (resistance)

Momentum Signals:

  • RSI interpretation: Neutral (57.21)
  • MACD signal: Bullish (bullish crossover above signal line)
  • Bollinger Bands position: Squeeze

Volume Analysis:

  • Volume SMA 20: 1135256.40
  • On-Balance Volume (OBV): -4030006.85 (bearish)
  • Volume Rate of Change: 35.99% (neutral)

News & Sentiment Analysis

Recent Headlines Summary:

  • Positive news headlines have been a key driver of the stock's recent price increase.
  • Recent earnings beats and product launches have contributed to the positive sentiment.

Sentiment Assessment: Positive (60%)

Catalyst Identification:

  • Upcoming earnings release poses potential for a move
  • Regulatory changes in the robotics industry could impact ZBRA's business

Market Narrative:

  • Recent news headlines have been aligned with the technical signals, driving the stock's uptrend.
  • However, high volatility and mixed signals from technical indicators pose risks that need to be carefully managed.

Risk & Volatility Assessment

Beta Interpretation: High risk (beta > 1.5)

Volatility Regime: High volatility (ATR $10.81)

Options Market Signals:

  • IV Rank: Low (16.6%)
  • Current IV: 59.8%
  • Put/Call Volume Ratio: 0.48 (Bullish sentiment)
  • Market Expectation: Options market pricing $21.95 move by expiration

Downside Protection:

  • SMA 20: $239.12 (support)
  • Bollinger Bands lower band: $219.82 (support)

Market Context & Positioning

Sector Performance:

  • Robotics sector has been strong, with ZBRA outperforming peers.

Institutional Activity:

  • Moderate institutional interest in the stock, as reflected by options activity and volume patterns suggesting institutional buying.

Correlation Analysis:

  • Correlation with SPY: 0.50 (medium correlation)

Relative Valuation:

  • Position within trading range

Key Levels & Action Items

Critical Price Levels:

  • SMA 20: $239.12 (support)
  • Upper Bollinger Band: $258.41 (resistance)

Breakout/Breakdown Levels:

  • Above the upper Bollinger Band: Bullish breakout
  • Below the lower Bollinger Band: Bearish breakdown

Time-Sensitive Catalysts:

  • Upcoming earnings release poses potential for a move

Risk Management:

  • Stop-loss levels at SMA 20 and the lower Bollinger Band.
  • Position sizing considerations based on volatility and market expectations.

Please note that this analysis is based on the provided data, and actual results may vary.

Generated 2026-06-26 20:36 UTC
Earnings History
6 of 8 under expected move
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
2024-07-30 Pre-Market 9.30% 3.89% 0.42x Within
2024-10-29 Pre-Market 9.60% 0.70% 0.07x Within
2025-02-13 Pre-Market 8.15% 8.12% 1.00x Within
2025-04-29 Pre-Market 11.61% 7.45% 0.64x Within
2025-08-05 Pre-Market 8.58% 11.31% 1.32x Exceeded
2025-10-28 Pre-Market 11.37% 12.00% 1.06x Exceeded
2026-02-12 Pre-Market 11.56% 8.34% 0.72x Within
2026-05-12 Pre-Market 12.54% 11.44% 0.91x Within
Options Activity
IV Rank (30D)
16.59
IV Rank (7D)
16.59
Avg IV
59.8%
Straddle (30D)
$21.95
Straddle (7D)
$21.95
P/C Volume
0.48
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)
1.71
Correlation (SPY)
49.6%
R²
0.25
Ann. Volatility
43.0%
SPY Volatility
12.5%

High volatility - stock moves more than market

Beta & Alpha Over Time
Institutional Ownership (13F)
Latest filings — 2026-03-31
Diluted shares outstanding: 50,773,531 (as of 2026-04-04)

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.

657 filers47,663,066 shares$10.02B value93.87% of float
# Filer Shares Value % of Total % of Float Period
1 VANGUARD GROUP INC Custodian 6,645,605 $1.61B 16.10% 13.09% 2025-12-31
2 BlackRock, Inc. Custodian 4,202,972 $878.76M 8.77% 8.28% 2026-03-31
3 STATE STREET CORP 2,157,682 $451.13M 4.50% 4.25% 2026-03-31
4 NORDEA INVESTMENT MANAGEMENT AB 2,017,529 $413.52M 4.13% 3.97% 2026-03-31
5 Invesco Ltd. Custodian 1,529,562 $319.80M 3.19% 3.01% 2026-03-31
6 Boston Partners 1,470,774 $307.46M 3.07% 2.90% 2026-03-31
7 GEODE CAPITAL MANAGEMENT, LLC Custodian 1,339,789 $279.05M 2.78% 2.64% 2026-03-31
8 Alyeska Investment Group, L.P. 1,324,796 $276.99M 2.76% 2.61% 2026-03-31
9 Focus Partners Wealth 1,134,158 $237.13M 2.37% 2.23% 2026-03-31
10 KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 1,126,859 $235.60M 2.35% 2.22% 2026-03-31
11 VICTORY CAPITAL MANAGEMENT INC 956,566 $200.00M 2.00% 1.88% 2026-03-31
12 JPMORGAN CHASE & CO Custodian 960,663 $191.46M 1.91% 1.89% 2026-03-31
13 ARIEL INVESTMENTS, LLC 777,363 $162.53M 1.62% 1.53% 2026-03-31
14 MORGAN STANLEY Custodian 622,410 $151.13M 1.51% 1.23% 2025-12-31
15 DIMENSIONAL FUND ADVISORS LP Custodian 686,335 $143.47M 1.43% 1.35% 2026-03-31
16 Sumitomo Mitsui Trust Group, Inc. 679,190 $142.01M 1.42% 1.34% 2026-03-31
17 LAZARD ASSET MANAGEMENT LLC 623,965 $130.46M 1.30% 1.23% 2026-03-31
18 UBS Group AG Custodian 589,889 $123.33M 1.23% 1.16% 2026-03-31
19 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME Custodian 547,239 $114.42M 1.14% 1.08% 2026-03-31
20 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 542,288 $113.38M 1.13% 1.07% 2026-03-31
21 ALLIANCEBERNSTEIN L.P. 451,294 $109.58M 1.09% 0.89% 2026-03-31
22 Pictet Asset Management Holding SA 513,474 $107.28M 1.07% 1.01% 2026-03-31
23 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 500,628 $104.67M 1.04% 0.99% 2026-03-31
24 GOLDMAN SACHS GROUP INC Custodian 497,109 $103.94M 1.04% 0.98% 2026-03-31
25 FMR LLC Custodian 495,414 $103.58M 1.03% 0.98% 2026-03-31
15 filers$39.84M notional
# Filer Notional Value % of Total Period
1 J. Goldman & Co LP $13.59M 34.12% 2026-03-31
2 SUSQUEHANNA INTERNATIONAL GROUP, LLP Custodian $6.13M 15.38% 2026-03-31
3 CITADEL ADVISORS LLC Custodian $5.77M 14.49% 2026-03-31
4 IMC-Chicago, LLC Custodian $4.16M 10.44% 2026-03-31
5 JANE STREET GROUP, LLC Custodian $2.24M 5.62% 2026-03-31
6 WOLVERINE TRADING, LLC Custodian $2.11M 5.29% 2025-09-30
7 Cubist Systematic Strategies, LLC $1.52M 3.80% 2025-09-30
8 Squarepoint Ops LLC $1.25M 3.15% 2026-03-31
9 Walleye Trading LLC $919.95K 2.31% 2026-03-31
10 Point72 Asset Management, L.P. $669.06K 1.68% 2026-03-31
11 SIMPLEX TRADING, LLC Custodian $418.16K 1.05% 2026-03-31
12 CenterStar Asset Management, LLC $418.16K 1.05% 2026-03-31
13 TUDOR INVESTMENT CORP ET AL $355.44K 0.89% 2026-03-31
14 Walleye Capital LLC $188.17K 0.47% 2026-03-31
15 GROUP ONE TRADING LLC Custodian $104.54K 0.26% 2026-03-31
13 filers$24.37M notional
# Filer Notional Value % of Total Period
1 SUSQUEHANNA INTERNATIONAL GROUP, LLP Custodian $6.80M 27.89% 2026-03-31
2 LOGAN CAPITAL MANAGEMENT INC $5.95M 24.41% 2026-03-31
3 CITADEL ADVISORS LLC Custodian $4.66M 19.14% 2026-03-31
4 IMC-Chicago, LLC Custodian $1.69M 6.95% 2026-03-31
5 Squarepoint Ops LLC $1.21M 4.98% 2026-03-31
6 WOLVERINE TRADING, LLC Custodian $950.14K 3.90% 2025-09-30
7 JANE STREET GROUP, LLC Custodian $940.86K 3.86% 2026-03-31
8 Cubist Systematic Strategies, LLC $742.90K 3.05% 2025-09-30
9 Point72 Asset Management, L.P. $710.87K 2.92% 2026-03-31
10 Walleye Capital LLC $271.80K 1.12% 2026-03-31
11 TUDOR INVESTMENT CORP ET AL $229.99K 0.94% 2026-03-31
12 Walleye Trading LLC $125.45K 0.51% 2026-03-31
13 SIMPLEX TRADING, LLC Custodian $83.63K 0.34% 2026-03-31
Insider Activity
Latest: 2026-05-28
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
2026-05-28 Loizides Melissa Luff Chief People Officer Sell (S) −500 $253.95 -$127.0K EDGAR
2026-05-21 Loizides Melissa Luff Chief People Officer Award (A) +239 — EDGAR
2026-05-21 Bill Burns Chief Executive Officer Award (A) +12,387 — EDGAR
2026-05-21 Michael Cho Chief Strategy Officer Award (A) +1,550 — EDGAR
2026-05-21 Cristen L Kogl Chief Legal Officer Award (A) +2,395 — EDGAR
2026-05-21 Colleen M O'Sullivan Chief Accounting Officer Award (A) +532 — EDGAR
2026-05-21 MICHAEL A SMITH Director Award (A) +951 $247.15 $235.0K EDGAR
2026-05-21 MARY T MCDOWELL Director Award (A) +951 $247.15 $235.0K EDGAR
2026-05-21 Linda Connly Director Award (A) +951 $247.15 $235.0K EDGAR
2026-05-21 Nelda J Connors Director Award (A) +951 $247.15 $235.0K EDGAR
2026-05-21 ANDERS GUSTAFSSON Director Award (A) +951 $247.15 $235.0K EDGAR
2026-05-21 Kenneth Bradley Miller Director Award (A) +951 $247.15 $235.0K EDGAR
2026-05-21 JANICE M ROBERTS Director Award (A) +951 $247.15 $235.0K EDGAR
2026-05-21 ROSS W MANIRE Director Award (A) +951 $247.15 $235.0K EDGAR
2026-05-21 Frank Blaise Modruson Director Award (A) +951 $247.15 $235.0K 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
48 insiders · @ $251.53
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 GERHARD CLESS Executive Vice President 688,195 $173.10M -$10.54M 5 2012-12-20
2 ANDERS GUSTAFSSON Director 227,492 $57.22M -$162.40M 96 2026-05-21
3 Bill Burns Chief Executive Officer 58,292 $14.66M -$12.02M 56 2026-05-21
4 MICHAEL C SMILEY Chief Financial Officer 41,260 $10.38M -$1.32M 20 2016-05-16
5 Joachim Heel Chief Revenue Officer 33,045 $8.31M -$5.29M 39 2023-05-08
6 Nathan Andrew Winters Chief Financial Officer 25,763 $6.48M -$1.47M 31 2026-05-05
7 MICHAEL A SMITH Director 24,996 $6.29M -$20.10M 40 2026-05-21
8 MICHAEL H TERZICH SVP, Chief Administrative Ofcr 22,876 $5.75M -$14.88M 54 2020-05-27
9 OLIVIER LEONETTI SVP, Chief Financial Officer 22,319 $5.61M -$5.87M 14 2020-05-12
10 Cristen L Kogl Chief Legal Officer 19,431 $4.89M -$1.93M 47 2026-05-21
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: 2026-05-26
Last 30d: 1 filing · $127K notice value  ·  Last 90d: 2 filings · $876K notice value · 2 unique filers

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: Parsed directly from EDGAR primary-doc XML. Daily refresh; new filings typically appear here the morning after they hit EDGAR.

Top 90-day filers: JANICE M. ROBERTS (1, $749K) · Luff Loizides Melissa (1, $127K)
Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-05-26 Luff Loizides Melissa Officer 500 $127.0K 2026-05-26 RBC CAPITAL MARKETS LLC — EDGAR
2026-05-14 JANICE M. ROBERTS Director 3,000 $748.6K 2026-05-14 Morgan Stanley Smith Barney LLC … — EDGAR
2026-03-05 RobertArmstrong officer 9 $2.0K 2026-03-05 Merrill Lynch — EDGAR
2026-03-05 Cristen Kogl Officer 145 $34.0K 2026-03-05 Merrill Lynch — EDGAR
2025-08-07 Connly Linda Director 1,107 $365.0K 2025-08-07 Merrill Lynch — EDGAR
2024-11-25 O'Sullivan Colleen M Officer 190 $76.0K 2024-11-25 Merrill Lynch — EDGAR
2024-11-12 Cho Michael Officer 298 $119.5K 2024-11-12 Merrill Lynch — EDGAR
2024-11-08 White Joseph Ramsey Officer 1,556 $623.6K 2024-11-08 Morgan Stanley Smith Barney LLC … — EDGAR
2024-11-06 Kogl Cristen L Officer 522 $203.6K 2024-11-06 Merrill Lynch — EDGAR
2024-11-06 Hudson Richard Edward Officer 1,105 $435.5K 2024-11-07 Merrill Lynch — 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: 2026-05-26
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
Filing Date Accession Link
2026-05-26 0001628280-26-038066 EDGAR
2026-05-12 0001628280-26-033877 EDGAR
2026-02-12 0000877212-26-000003 EDGAR
2025-12-15 0001628280-25-056882 EDGAR
2025-11-24 0001628280-25-053699 EDGAR
2025-11-05 0001628280-25-049648 EDGAR
2025-10-28 0001628280-25-046567 EDGAR
2025-10-17 0001628280-25-045297 EDGAR
2025-10-01 0001628280-25-043295 EDGAR
2025-08-05 0001104659-25-073878 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 0001628280-26-007668 EDGAR
2025-02-13 0000877212-25-000027 EDGAR
2024-02-15 0000877212-24-000029 EDGAR
2023-02-16 0000877212-23-000025 EDGAR
2022-02-10 0000877212-22-000026 EDGAR
2021-02-11 0000877212-21-000008 EDGAR
2020-02-13 0000877212-20-000006 EDGAR
2019-02-14 0000877212-19-000011 EDGAR
2018-02-22 0000877212-18-000011 EDGAR
2017-02-27 0000877212-17-000009 EDGAR
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
Filing Date Accession Link
2026-05-12 0001628280-26-034109 EDGAR
2025-10-28 0001628280-25-046778 EDGAR
2025-08-05 0000877212-25-000131 EDGAR
2025-04-29 0000877212-25-000065 EDGAR
2024-10-29 0000877212-24-000164 EDGAR
2024-07-30 0000877212-24-000151 EDGAR
2024-04-30 0000877212-24-000063 EDGAR
2023-10-31 0000877212-23-000143 EDGAR
2023-08-01 0000877212-23-000125 EDGAR
2023-05-02 0000877212-23-000055 EDGAR
ETF Holders
# ETF Provider Weight $ Exposure ETF AUM As Of
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 Ratio30.2
P/B Ratio3.3
P/S Ratio2.1
EV/EBITDA13.8
TTM Revenue$5.6B
TTM Net Income$0.4B
TTM EPS$8.28
ROE12.0%
Debt/Equity0.76