CNXN PC Connection, Inc. - Common Stock
$78.50
Price · Aug 19, 2026
Fundamentals as of Jul 29, 2026
52W Range
$55–$88
71% of range
Analyst Rating
HOLD
6 analysts
Price Target
$83
+6% upside
P/E (TTM)
24.0
ROE
9.3%
Net Profit Margin
2.9%
About PC Connection, Inc. - Common Stock Company overview from Wikipedia
PC Connection, Inc., doing business as Connection, is headquartered in Merrimack, New Hampshire. It has more than 2,600 employees and sells more than 460,000 products.
Read more
PC Connection, Inc., doing business as Connection, is headquartered in Merrimack, New Hampshire. It has more than 2,600 employees and sells more than 460,000 products.
Founded in 1982, Connection has grown to include IT services to SMB, enterprise, and public sector markets.
History
PC Connection, Inc. was founded in 1982 by Patricia Gallup and David Hall. The co-founders met while serving as a support crew to hikers on the Appalachian Trail.
The company's first headquarters occupied a former woodworking mill in Marlow, NH population 542 at the time. To launch their business, Gallup and Hall used Gallup's savings of $8,000 to purchase inventory and take out a 1/9th-page ad in Byte magazine. In 1984, they started selling Macintosh products under the MacConnection brand.
In 1987, PC Connection was named to the Inc. 500 as the second fastest growing company in the United States.
In March 1998, the company completed its initial public offering on the NASDAQ exchange under the symbol PCCC.
In September 2016, the company announced that it would rebrand as simply Connection, in an effort to unify its divisions. The company stated that the new name "better reflects the promise of our future and the successes of our past".
Locations
In addition to its corporate headquarters in Merrimack, PC Connection, Inc. has sales and support offices in Keene, New Hampshire; Rockville, Maryland; Dakota Dunes, South Dakota; Boca Raton, Florida; Schaumburg, IL; and Exton, Pennsylvania. The company operates a 268,000-square-foot distribution and fulfillment complex, equipped with a technical configuration lab in Wilmington, Ohio.
Marketing
PC Connection was known for magazine ads featuring illustrations of anthropomorphic raccoons (and occasionally, other animals) living in a fictionalized version of Marlow. The ads were developed by the New Hampshire-based advertising agency Church and Main, intending to symbolize a goal to make computing less "scary", and play up the rural location of PC Connection's headquarters.
The agency's copywriter David Blistein was influenced by an edition of the children's novel The Wind in the Willows illustrated by E. H. Shepard, and hired local illustrator Erick Ingraham to develop the concept further. Ingraham explained that the choice of raccoons as a mascot was likely because of their dexterity, as it allowed them to be portrayed operating PCs and other peripherals. Ingraham's illustrations and the raccoons would be a regular fixture of PC Connection's marketing through the 1980s, with the company's catalogs featuring more fantastical artwork. The raccoon imagery began to be downplayed by the company in the mid-1990s, due to changes in marketing practices amid the commodification of the PC industry, growing focus on business customers, and its shift away from magazine advertising to focus on ecommerce.
Acquisitions
In 1999, Connection purchased ComTeq Federal, a Maryland-based company serving the computing needs of federal government agencies, including the Navy, Federal Deposit Insurance Corp, the National Security Agency, and Internal Revenue Service. Renamed GovConnection, Inc., the subsidiary serves all government and education customers.
In January 2000, Connection announced the agreement to acquire Merisel Inc.
In 2002, Connection acquired MoreDirect, a Florida-based company specializing in Web-based eProcurement.
In 2005, Connection purchased the business and selected assets of Amherst Technologies, Inc., a New Hampshire-based IT provider.
In 2011, Connection acquired ValCom Technologies, a technology services company in the Chicago metropolitan area.
In 2016, Connection acquired Softmart, a supplier of hardware and software.
In 2016, Connection acquired GlobalServe, a global reseller.
== References ==
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
CNXN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$78.50
Market Cap
$1.98B
P/E (TTM)
24.0
EPS (TTM)
$3.27
Revenue (TTM)
$2.87B
Div Yield
0.77%
ROE
9.3%
Debt/Equity
—
52W Range
$55 – $88
CNXN Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Configure
10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$2.87B
2023-12-31
→
2025-12-31
EPS
$3.27
2023-12-31
→
2025-12-31
Free Cash Flow
$58M
2025-12-31
→
2025-12-31
Margins
2.9%
2023-12-31
→
2025-12-31
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
CNXN
Peer Median
P/E (TTM)
24.0
20.7
P/S (TTM)
0.7
0.4
P/B
2.2
1.5
Price / FCF
34.1
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
CNXN
Peer Median
Gross Margin
18.8%
14.8%
Operating Margin
3.5%
—
Net Profit Margin
2.9%
2.3%
ROA
6.3%
3.6%
ROE
9.3%
11.2%
ROIC
8.0%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
CNXN
Peer Median
Current Ratio
2.9
1.3
Quick Ratio
2.5
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
CNXN
Peer Median
Revenue YoY
2.5%
—
Revenue CAGR 3Y
-2.8%
—
Revenue CAGR 5Y
2.1%
—
EPS YoY
-0.61%
—
Net Income YoY
-3.9%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
CNXN
Peer Median
Payout Ratio
18.3%
—
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
0.77%
Payout Ratio
18.3%
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| Aug. 11, 2026 | $0.2000 |
| May 12, 2026 | $0.2000 |
| Feb. 17, 2026 | $0.2000 |
| Nov. 10, 2025 | $0.1500 |
| Aug. 12, 2025 | $0.1500 |
| May 13, 2025 | $0.1500 |
| Feb. 25, 2025 | $0.1500 |
| Nov. 12, 2024 | $0.1000 |
| Aug. 13, 2024 | $0.1000 |
| May 13, 2024 | $0.1000 |
| Feb. 26, 2024 | $0.1000 |
| Nov. 13, 2023 | $0.0800 |
| Aug. 14, 2023 | $0.0800 |
| May 15, 2023 | $0.0800 |
| Feb. 17, 2023 | $0.0800 |
| Dec. 2, 2022 | $0.3400 |
| Nov. 17, 2021 | $1.0000 |
| Jan. 11, 2021 | $0.3200 |
| Dec. 26, 2019 | $0.3200 |
| Dec. 27, 2018 | $0.3200 |
CNXN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
SELL
6 analysts
- Strong Buy 0 0.0%
- Buy 0 0.0%
- Hold 3 50.0%
- Sell 1 16.7%
- Strong Sell 2 33.3%
12-Month Price Target
1 analysts · 2026-08-14
Low
$83.00
High
$83.00
Median target
$83.00
+5.7%
Mean target
$83.00
+5.7%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.09%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $1.31 | $1.06 | 0.25% |
| March 31, 2026 | $0.77 | $0.62 | 0.15% |
| Dec. 31, 2025 | $0.91 | $0.88 | 0.03% |
| Sept. 30, 2025 | $0.97 | $1.03 | -0.06% |
| June 30, 2025 | $0.97 | $0.92 | 0.05% |
| March 31, 2025 | $0.51 | $0.42 | 0.09% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| CNXN | $1.46B | 17.7 | 2.5% | 2.9% | 9.3% | 18.8% |
| ARW | $5.63B | 10.1 | 10.5% | 1.8% | 9.2% | 11.2% |
| AVT | — | 21.5 | 24.5% | 1.2% | 6.7% | 10.4% |
| INGM | — | 18.6 | 9.5% | — | — | — |
| NSIT | $2.53B | 16.8 | -5.2% | 1.9% | 9.7% | 21.4% |
| PLUS | $1.98B | 15.0 | 22.1% | 5.4% | 12.5% | 25.2% |
| SCSC | $929M | 13.9 | -6.7% | 2.4% | 7.9% | 13.4% |
| CLMB | $474M | 22.2 | 40.1% | 3.3% | 19.2% | 16.1% |
| RELL | — | — | 9.4% | 2.8% | 4.0% | 31.2% |
| AMCI | — | -5.8 | -41.4% | — | — | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.87B | $2.80B | $2.85B | $3.12B | $2.89B | $2.59B | $2.82B | $2.70B | · | $2.69B | $2.57B | |
| Cost of Revenue | $2.33B | $2.28B | $2.34B | $2.60B | $2.43B | $2.17B | $2.37B | $2.29B | · | $2.32B | $2.23B | |
| Gross Profit | $539M | $520M | $512M | $526M | $465M | $419M | $451M | $411M | · | $371M | $341M | |
| SG&A Expense | $434M | $422M | $406M | $406M | $368M | $346M | $339M | $324M | · | $287M | $262M | |
| Operating Income | $99M | $97M | $103M | $121M | $97M | $72M | $112M | $86M | · | $81M | $79M | |
| Interest Expense | · | · | · | · | · | $107.0K | $107.0K | $145.0K | · | · | · | |
| Interest Income | · | · | · | · | · | $168.0K | $814.0K | $3M | · | · | · | |
| Other Non-op | · | · | $10M | $1M | $5.0K | $1M | $707.0K | $3M | · | $-67.0K | · | |
| Pretax Income | $114M | $117M | $113M | $122M | $97M | $73M | $113M | $89M | · | $80M | $78M | |
| Income Tax | $30M | $30M | $30M | $32M | $27M | $17M | $31M | $24M | · | $32M | $32M | |
| Net Income | $84M | $87M | $83M | $89M | $70M | $56M | $82M | $65M | · | $48M | $47M | |
| EPS (Basic) | $3.28 | $3.31 | $3.17 | $3.40 | $2.67 | $2.13 | $3.12 | $2.42 | · | $1.81 | $1.77 | |
| EPS (Diluted) | $3.27 | $3.29 | $3.15 | $3.37 | $2.65 | $2.12 | $3.10 | $2.41 | · | $1.80 | $1.76 | |
| Shares (Basic) | 25,511,000 | 26,322,000 | 26,287,000 | 26,279,000 | 26,196,000 | 26,157,000 | 26,335,000 | 26,717,000 | · | 26,528,000 | 26,398,000 | |
| Shares (Diluted) | 25,633,000 | 26,508,000 | 26,429,000 | 26,443,000 | 26,364,000 | 26,336,000 | 26,505,000 | 26,854,000 | · | 26,719,000 | 26,616,000 | |
| EBITDA | $110M | $109M | $115M | $131M | $107M | $84M | $124M | $98M | · | · | $87M |
Balance Sheet 26
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $193M | $178M | $145M | $123M | $108M | $96M | $90M | $92M | · | $49M | $80M | |
| Short-term Investments | $213M | $264M | $152M | · | · | · | · | · | · | · | · | |
| Receivables | $648M | $611M | $607M | $610M | $608M | $611M | $550M | $448M | $464M | $412M | $356M | |
| Inventory | $144M | $95M | $124M | $209M | $207M | $141M | $125M | $119M | $96M | $91M | $103M | |
| Prepaid Expense | $23M | $18M | $16M | $12M | $10M | $11M | $11M | $10M | $6M | $5M | $4M | |
| Current Assets | $1.22B | $1.17B | $1.05B | $954M | $932M | $859M | $776M | $669M | · | $559M | $553M | |
| PP&E (Net) | $47M | $53M | $57M | $59M | $61M | $62M | $64M | $52M | · | $39M | $32M | |
| PP&E (Gross) | $136M | $139M | $139M | $136M | $142M | $145M | $140M | $120M | · | $108M | $98M | |
| Accum. Depreciation | $89M | $87M | $82M | $77M | $81M | $83M | $76M | $68M | · | $68M | $66M | |
| Goodwill | $74M | $74M | $74M | $74M | $74M | $74M | $74M | $74M | · | $74M | $51M | |
| Intangibles | $989.0K | $2M | $3M | $5M | $6M | $7M | $8M | $10M | · | $12M | $1M | |
| Other Non-current Assets | $7M | $1M | $2M | $1M | $910.0K | $1M | $947.0K | $1M | $2M | $1M | $1M | |
| Total Assets | $1.35B | $1.30B | $1.19B | $1.10B | $1.08B | $1.02B | $937M | $805M | · | $686M | $639M | |
| Accounts Payable | $338M | $300M | $264M | $233M | $282M | $267M | $236M | $202M | $194M | $178M | $167M | |
| Current Liabilities | $420M | $371M | $328M | $311M | $375M | $342M | $309M | $260M | · | $230M | $222M | |
| Capital Leases | $498.0K | $2M | $3M | $5M | $7M | $10M | $10M | · | · | · | · | |
| Deferred Tax | $20M | $15M | $16M | $18M | $19M | $19M | $20M | $17M | $16M | $20M | $22M | |
| Other Non-current Liabilities | · | $516.0K | $624.0K | $170.0K | $211.0K | $9M | $600.0K | $2M | · | $3M | $3M | |
| Total Liabilities | $441M | $388M | $348M | $334M | $401M | $379M | $340M | $279M | · | $253M | $247M | |
| Common Stock | $295.0K | $294.0K | $293.0K | $291.0K | $290.0K | $289.0K | $288.0K | $288.0K | · | $285.0K | $284.0K | |
| Retained Earnings | $906M | $837M | $761M | $686M | $606M | $562M | $515M | $441M | $385M | $338M | $299M | |
| Treasury Stock | $141M | $64M | $51M | $46M | $46M | $46M | $36M | $31M | · | $16M | $16M | |
| AOCI | $78.0K | $174.0K | $81.0K | · | · | · | · | · | · | · | · | |
| Stockholders' Equity | $910M | $911M | $841M | $766M | $682M | $636M | $597M | $526M | · | $433M | $392M | |
| Liabilities + Equity | $1.35B | $1.30B | $1.19B | $1.10B | $1.08B | $1.02B | $937M | $805M | · | $686M | $639M | |
| Shares Outstanding | 25,221,000 | 26,300,000 | 26,360,000 | 26,350,000 | 26,252,000 | 26,170,000 | 26,345,000 | 26,396,000 | · | 26,609,000 | 26,498,000 |
Cash Flow 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $10M | $12M | $11M | $11M | $11M | $12M | $12M | $13M | · | $9M | $8M | |
| Stock-based Comp | $9M | $8M | $7M | $6M | $4M | $3M | $2M | $1M | · | $1M | $994.0K | |
| Deferred Tax | $5M | $-778.0K | $-2M | $-1M | $753.0K | $-2M | $3M | $1M | · | $4M | $3M | |
| Amort. of Intangibles | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | · | $1M | $735.0K | |
| Restructuring | $6M | $415.0K | $3M | · | · | · | · | · | · | · | · | |
| Other Non-cash | $-43M | $67M | $98M | $-69M | $-28M | $-33M | $-62M | $8M | · | · | $-28M | |
| Operating Cash Flow | $65M | $174M | $198M | $35M | $58M | $36M | $37M | $87M | · | $34M | $31M | |
| CapEx | $7M | $8M | $10M | · | · | · | · | · | · | $12M | $12M | |
| Investing Cash Flow | $43M | $-115M | $-160M | $-9M | $-9M | $-11M | $-26M | $-21M | · | $-55M | $-13M | |
| Stock Repurchased | $76M | $12M | $5M | · | · | $10M | $4M | $15M | · | · | · | |
| Net Stock Activity | $-76M | $-12M | $-5M | · | · | $-10M | $-4M | $-15M | · | · | · | |
| Dividends Paid | $15M | $11M | $8M | $9M | $35M | $8M | $8M | $9M | · | $11M | · | |
| Financing Cash Flow | $-93M | $-25M | $-16M | $-11M | $-36M | $-19M | $-13M | $-24M | · | $-10M | $1M | |
| Net Change in Cash | $15M | $33M | $22M | $15M | $13M | $6M | $-2M | $42M | · | $-31M | $19M | |
| Taxes Paid | $30M | $29M | $42M | $34M | $21M | $19M | $28M | $20M | · | · | · | |
| Free Cash Flow | $58M | · | · | · | · | · | · | · | · | · | $19M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.8% | 18.6% | 17.9% | 16.8% | 16.1% | 16.2% | 16.0% | 15.2% | · | · | 13.2% | |
| Operating Margin | 3.5% | 3.5% | 3.6% | 3.9% | 3.3% | 2.8% | 4.0% | 3.2% | · | · | 3.0% | |
| Net Margin | 2.9% | 3.1% | 2.9% | 2.9% | 2.4% | 2.1% | 2.9% | 2.4% | · | · | 1.8% | |
| Pretax Margin | 4.0% | 4.2% | 4.0% | 3.9% | 3.3% | 2.8% | 4.0% | 3.3% | · | · | 3.0% | |
| EBITDA Margin | 3.8% | 3.9% | 4.0% | 4.2% | 3.7% | 3.3% | 4.4% | 3.6% | · | · | 3.4% | |
| ROA | 6.3% | 6.7% | 7.0% | 8.0% | 6.7% | 5.5% | 9.1% | 8.3% | · | · | 7.9% | |
| ROE | 9.3% | 9.6% | 10.0% | 11.7% | 10.2% | 8.8% | 13.9% | 12.3% | · | · | 12.6% | |
| ROIC | 8.0% | 7.9% | 9.0% | 11.5% | 10.2% | 8.6% | 13.7% | 11.9% | · | · | 11.9% |
Liquidity & Solvency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.9 | 3.1 | 3.2 | 3.1 | 2.5 | 2.5 | 2.5 | 2.6 | · | · | 2.5 | |
| Quick Ratio | 2.5 | 2.8 | 2.8 | 2.4 | 1.9 | 2.1 | 2.1 | 2.1 | · | · | 2.0 | |
| Interest Coverage | · | · | · | · | · | 673.6 | · | · | · | · | · |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 2.2 | 2.2 | 2.4 | 2.8 | 2.8 | 2.6 | 3.1 | 3.5 | · | · | 4.4 | |
| Inventory Turnover | 19.6 | 20.8 | 14.1 | 12.5 | 14.0 | 16.4 | 19.4 | 21.3 | · | · | 23.1 | |
| Receivables Turnover | 4.6 | 4.6 | 4.7 | 5.1 | 4.7 | 4.5 | 5.7 | 5.9 | · | · | 7.9 |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 2.5% | -1.7% | -8.8% | 8.0% | 11.7% | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -2.8% | -1.1% | 3.2% | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 2.1% | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -0.61% | 4.4% | -6.5% | 27.2% | 25.0% | · | · | · | · | · | · | |
| EPS CAGR 3Y | -1.0% | 7.5% | 14.1% | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 9.0% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -3.9% | 4.6% | -6.7% | 27.6% | 25.4% | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -2.1% | 7.6% | 14.3% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 8.5% | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 12.7% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.87B | $2.80B | $2.85B | $3.12B | $2.89B | $2.59B | $2.82B | $2.70B | · | $2.69B | $2.57B | |
| Net Income TTM | $84M | $87M | $83M | $89M | $70M | $56M | $82M | $65M | · | $48M | $47M | |
| Market Cap | $1.46B | $1.82B | $1.77B | $1.24B | $1.13B | $1.24B | $1.31B | $785M | · | · | $600M | |
| P/E | 17.7 | 21.1 | 21.3 | 13.9 | 16.3 | 22.3 | 16.0 | 12.3 | · | 15.6 | 12.9 | |
| P/S | 0.5 | 0.7 | 0.6 | 0.4 | 0.4 | 0.5 | 0.5 | 0.3 | · | · | 0.2 | |
| P/B | 1.6 | 2.0 | 2.1 | 1.6 | 1.7 | 1.9 | 2.2 | 1.5 | · | · | 1.5 | |
| P / Tangible Book | 1.7 | 2.2 | 2.3 | 1.8 | 1.9 | 2.2 | · | · | · | · | · | |
| P / Cash Flow | 22.3 | 10.5 | 8.9 | 35.4 | 19.6 | 34.3 | 35.7 | 9.0 | · | · | 19.4 | |
| P / FCF | 25.1 | · | · | · | · | · | · | · | · | · | 32.4 | |
| Dividend Yield | 1.1% | 0.58% | 0.47% | 0.72% | 3.1% | 0.68% | 0.65% | 1.2% | · | · | · | |
| Earnings Yield | 5.7% | 4.8% | 4.7% | 7.2% | 6.1% | 4.5% | 6.2% | 8.1% | · | 6.4% | 7.8% | |
| Payout Ratio | 18.3% | 12.1% | 10.1% | 10.0% | 49.5% | 15.1% | 10.3% | 14.1% | · | · | · | |
| Annual Payout | $15M | $11M | $8M | $9M | $35M | $8M | $8M | $9M | · | $11M | · |
Income Statement 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $854M | $722M | $703M | $709M | $760M | $701M | $709M | $725M | $736M | $632M | $696M | $693M | $734M | $728M | $732M | $776M | |
| Cost of Revenue | $697M | $589M | $567M | $570M | $622M | $574M | $579M | $589M | $600M | $514M | $567M | $561M | $606M | $605M | $608M | $639M | |
| Gross Profit | $157M | $133M | $136M | $139M | $138M | $127M | $130M | $135M | $137M | $118M | $130M | $132M | $128M | $122M | $124M | $137M | |
| SG&A Expense | $114M | $109M | $109M | $108M | $107M | $110M | $107M | $105M | $105M | $105M | $102M | $100M | $101M | $103M | $100M | $105M | |
| Operating Income | $43M | $20M | $24M | $30M | $31M | $15M | $23M | $30M | $31M | $13M | $28M | $32M | $25M | $18M | $24M | $32M | |
| Other Non-op | · | · | · | · | · | · | · | · | · | · | · | $3M | $2M | $1M | · | $308.0K | |
| Pretax Income | $46M | $24M | $27M | $34M | $34M | $18M | $27M | $37M | $36M | $18M | $32M | $35M | $27M | $19M | $25M | $32M | |
| Income Tax | $12M | $6M | $6M | $9M | $9M | $5M | $7M | $10M | $9M | $5M | $8M | $9M | $7M | $5M | $6M | $9M | |
| Net Income | $33M | $17M | $21M | $25M | $25M | $13M | $21M | $27M | $26M | $13M | $24M | $26M | $20M | $14M | $19M | $23M | |
| EPS (Basic) | $1.31 | $0.68 | $0.80 | $0.98 | $0.98 | $0.52 | $0.79 | $1.03 | $0.99 | $0.50 | $0.91 | $0.97 | $0.75 | $0.54 | $0.72 | $0.88 | |
| EPS (Diluted) | $1.31 | $0.68 | $0.82 | $0.97 | $0.97 | $0.51 | $0.78 | $1.02 | $0.99 | $0.50 | $0.89 | $0.97 | $0.75 | $0.54 | $0.70 | $0.88 | |
| Shares (Basic) | 25,226,000 | 25,201,000 | -51,324,000 | 25,354,000 | 25,405,000 | 26,076,000 | -52,680,000 | 26,292,000 | 26,348,000 | 26,362,000 | -52,556,000 | 26,262,000 | 26,256,000 | 26,325,000 | -52,523,000 | 26,279,000 | |
| Shares (Diluted) | 25,339,000 | 25,281,000 | -51,594,000 | 25,489,000 | 25,520,000 | 26,218,000 | -53,038,000 | 26,501,000 | 26,520,000 | 26,525,000 | -52,806,000 | 26,434,000 | 26,365,000 | 26,436,000 | -52,846,000 | 26,455,000 | |
| EBITDA | $43M | $20M | · | $30M | $31M | $15M | · | $30M | $31M | $13M | · | $32M | $25M | $18M | · | $32M |
Balance Sheet 26
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $124M | $196M | $193M | $188M | $187M | $182M | $178M | $168M | $128M | $148M | · | $241M | $244M | $135M | · | $116M | |
| Short-term Investments | $217M | $215M | $213M | $211M | $159M | $158M | $264M | $262M | $258M | $204M | · | $49M | · | · | · | · | |
| Receivables | $727M | $661M | $648M | $617M | $637M | $604M | $611M | $585M | $599M | $527M | · | $588M | $593M | $622M | · | $647M | |
| Inventory | $205M | $194M | $144M | $135M | $133M | $152M | $95M | $114M | $137M | $124M | · | $142M | $160M | $199M | · | $213M | |
| Prepaid Expense | $22M | $23M | $23M | $23M | $22M | $20M | $18M | $17M | $17M | $17M | · | $14M | $17M | $18M | · | $10M | |
| Current Assets | $1.29B | $1.29B | $1.22B | $1.17B | $1.14B | $1.12B | $1.17B | $1.15B | $1.15B | $1.02B | · | $1.04B | $1.02B | $974M | · | $986M | |
| PP&E (Net) | $46M | $47M | $47M | $48M | $48M | $52M | $53M | $53M | $54M | $56M | · | $58M | $58M | $58M | · | $60M | |
| PP&E (Gross) | · | · | $136M | · | · | · | $139M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $89M | · | · | · | $87M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $74M | $74M | $74M | $74M | $74M | $74M | $74M | $74M | $74M | $74M | · | $74M | $74M | $74M | · | $74M | |
| Intangibles | $473.0K | $684.0K | $989.0K | $1M | $2M | $2M | $2M | $3M | $3M | $3M | · | $4M | $4M | $4M | · | $5M | |
| Other Non-current Assets | $6M | $6M | $7M | $7M | $5M | $1M | $1M | $1M | $1M | $1M | · | $821.0K | $915.0K | $1M | · | $905.0K | |
| Total Assets | $1.43B | $1.43B | $1.35B | $1.31B | $1.27B | $1.25B | $1.30B | $1.29B | $1.28B | $1.16B | · | $1.18B | $1.16B | $1.12B | · | $1.13B | |
| Accounts Payable | $378M | $396M | $338M | $313M | $304M | $274M | $300M | $293M | $317M | $219M | · | $265M | $277M | $239M | · | $259M | |
| Current Liabilities | $449M | $477M | $420M | $384M | $368M | $354M | $371M | $367M | $389M | $290M | · | $340M | $347M | $318M | · | $353M | |
| Capital Leases | $7M | $6M | $498.0K | $437.0K | $634.0K | $1M | $2M | $2M | $2M | $3M | · | $4M | $4M | $5M | · | $6M | |
| Deferred Tax | $19M | $20M | $20M | $18M | $15M | $15M | $15M | $18M | $17M | $16M | · | $18M | $18M | $18M | · | $19M | |
| Other Non-current Liabilities | · | · | · | · | $516.0K | $516.0K | $516.0K | $517.0K | · | $19.0K | · | $654.0K | $684.0K | $672.0K | · | $200.0K | |
| Total Liabilities | $475M | $503M | $441M | $403M | $384M | $371M | $388M | $388M | $409M | $308M | · | $362M | $370M | $342M | · | $378M | |
| Common Stock | $296.0K | $296.0K | $295.0K | $295.0K | $294.0K | $294.0K | $294.0K | $293.0K | $293.0K | $293.0K | · | $292.0K | $291.0K | $291.0K | · | $291.0K | |
| Retained Earnings | $946M | $918M | $906M | $889M | $868M | $847M | $837M | $819M | $795M | $771M | · | $739M | $716M | $698M | · | $676M | |
| Treasury Stock | $143M | $143M | $141M | $130M | $125M | $109M | $64M | $59M | $55M | $52M | · | $51M | $51M | $49M | · | $46M | |
| AOCI | $-208.0K | $-88.0K | $78.0K | $85.0K | $-53.0K | $61.0K | $174.0K | $477.0K | $-103.0K | $-62.0K | $81.0K | $154.0K | · | · | · | · | |
| Stockholders' Equity | $953M | $922M | $910M | $903M | $885M | $877M | $911M | $897M | $875M | $853M | $841M | $819M | $794M | $776M | $766M | $756M | |
| Liabilities + Equity | $1.43B | $1.43B | $1.35B | $1.31B | $1.27B | $1.25B | $1.30B | $1.29B | $1.28B | $1.16B | · | $1.18B | $1.16B | $1.12B | · | $1.13B | |
| Shares Outstanding | · | · | 25,221,000 | · | · | · | 26,300,000 | · | · | · | · | · | · | · | · | · |
Cash Flow 12
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | |
| Stock-based Comp | $3M | $3M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $1M | |
| Operating Cash Flow | $-64M | $14M | $27M | $64M | $26M | $-52M | $25M | $53M | $38M | $57M | $12M | $50M | $116M | $20M | $19M | $24M | |
| CapEx | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $3M | $2M | · | $2M | |
| Investing Cash Flow | $-3M | $-3M | $-6M | $-54M | $-2M | $105M | $-6M | $-6M | $-52M | $-52M | $-104M | $-51M | $-3M | $-2M | $-2M | $-2M | |
| Stock Repurchased | $0 | $2M | $11M | $5M | $17M | $44M | $5M | $4M | $3M | $186.0K | $0 | $0 | $2M | $3M | · | · | |
| Net Stock Activity | · | $-2M | · | · | · | $-44M | · | · | · | $-186.0K | · | · | · | $-3M | · | · | |
| Dividends Paid | $5M | $5M | $4M | $4M | $4M | $4M | $3M | $3M | $3M | $3M | $2M | $2M | $2M | $2M | · | · | |
| Financing Cash Flow | $-5M | $-8M | $-16M | $-9M | $-20M | $-48M | $-9M | $-7M | $-6M | $-3M | $-4M | $-2M | $-4M | $-6M | $-10M | $-380.0K | |
| Net Change in Cash | $-73M | $3M | $5M | $1M | $4M | $4M | $11M | $39M | $-19M | $3M | $-96M | $-3M | $109M | $12M | $7M | $21M | |
| Taxes Paid | $13M | $738.0K | $5M | $7M | $15M | $3M | $5M | $7M | $17M | $635.0K | $7M | $7M | $20M | $7M | $3M | $9M | |
| Free Cash Flow | · | $12M | · | · | · | $-54M | · | · | · | $56M | · | · | · | · | · | · |
Profitability 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.4% | 18.4% | · | 19.6% | 18.1% | 18.2% | · | 18.7% | 18.5% | 18.7% | · | 19.0% | 17.4% | 16.8% | · | 17.6% | |
| Operating Margin | 5.0% | 2.8% | · | 4.3% | 4.1% | 2.1% | · | 4.2% | 4.2% | 2.1% | · | 4.6% | 3.4% | 2.5% | · | 4.1% | |
| Net Margin | 3.9% | 2.4% | · | 3.5% | 3.3% | 1.9% | · | 3.7% | 3.5% | 2.1% | · | 3.7% | 2.7% | 1.9% | · | 3.0% | |
| Pretax Margin | 5.3% | 3.3% | · | 4.8% | 4.5% | 2.6% | · | 5.1% | 4.8% | 2.9% | · | 5.0% | 3.7% | 2.7% | · | 4.1% | |
| EBITDA Margin | 5.0% | 2.8% | · | 4.3% | 4.1% | 2.1% | · | 4.2% | 4.2% | 2.1% | · | 4.6% | 3.4% | 2.5% | · | 4.1% | |
| ROA | 2.5% | 1.3% | · | 1.9% | 1.9% | 1.1% | · | 2.2% | 2.1% | 1.1% | · | 2.2% | 1.7% | 1.3% | · | 2.2% | |
| ROE | 3.6% | 1.9% | · | 2.8% | 2.8% | 1.6% | · | 3.1% | 3.1% | 1.6% | · | 3.2% | 2.6% | 1.9% | · | 3.2% | |
| ROIC | 3.3% | 1.6% | · | 2.4% | 2.5% | 1.2% | · | 2.5% | 2.6% | 1.1% | · | 2.9% | 2.3% | 1.7% | · | 3.0% |
Liquidity & Solvency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.9 | 2.7 | · | 3.1 | 3.1 | 3.2 | · | 3.1 | 3.0 | 3.5 | · | 3.1 | 2.9 | 3.1 | · | 2.8 | |
| Quick Ratio | 2.4 | 2.2 | · | 2.6 | 2.7 | 2.7 | · | 2.8 | 2.5 | 3.0 | · | 2.6 | 2.4 | 2.4 | · | 2.2 |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.6 | 0.5 | · | 0.5 | 0.6 | 0.6 | · | 0.6 | 0.6 | 0.6 | · | 0.6 | 0.6 | 0.7 | · | 0.7 | |
| Inventory Turnover | 4.1 | 3.4 | · | 4.6 | 4.6 | 4.2 | · | 4.6 | 4.0 | 3.2 | · | 3.2 | 3.2 | 2.8 | · | 3.3 | |
| Receivables Turnover | 1.3 | 1.1 | · | 1.2 | 1.2 | 1.2 | · | 1.2 | 1.2 | 1.1 | · | 1.1 | 1.2 | 1.2 | · | 1.3 |
Valuation (TTM) 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.04B | $2.89B | · | $2.89B | $2.92B | $2.79B | · | $2.79B | $2.80B | $2.79B | · | $2.93B | $3.07B | $3.12B | · | $3.14B | |
| Net Income TTM | $100M | $80M | · | $90M | $91M | $80M | · | $92M | $85M | $73M | · | $83M | $82M | $85M | · | $90M | |
| P/E | 18.6 | 18.7 | · | 17.9 | 18.8 | 20.7 | · | 21.7 | 20.0 | 23.9 | · | 17.0 | 14.4 | 14.0 | · | 13.1 | |
| Earnings Yield | 5.4% | 5.3% | · | 5.6% | 5.3% | 4.8% | · | 4.6% | 5.0% | 4.2% | · | 5.9% | 6.9% | 7.1% | · | 7.6% | |
| Payout Ratio | · | 29.3% | · | · | · | 29.0% | · | · | · | 20.0% | · | · | · | 14.8% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | |
|---|---|---|---|---|---|
| Revenue | $2.87B | — | — | $2.80B | — |
| Gross Margin % | 18.8% | — | — | 18.6% | — |
| Operating Margin % | 3.5% | — | — | 3.5% | — |
| Net Income | $84M | — | — | $87M | — |
| Diluted EPS | $3.27 | — | — | $3.29 | — |
Balance Sheet
| 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | |
|---|---|---|---|---|---|
| Current Ratio | 2.9 | — | — | 3.1 | — |
| Quick Ratio | 2.5 | — | — | 2.8 | — |
Cash Flow
| 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | |
|---|---|---|---|---|---|
| Free Cash Flow | $58M | — | — | — | — |
My Metrics Your personal watchlist — selected rows from Full Fundamentals
📊
Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Institutional owners (13F) 202 filers · $507.6M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 36 (+9 vs prior Q) | 21 (-3 vs prior Q) | 65 (+7 vs prior Q) | 57 (-13 vs prior Q) | +1.5M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| DIMENSIONAL FUND ADVISORS LP | $107,574,633 | 1,473,827 | 21.19% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $37,062,570 | 507,776 | 7.30% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $36,663,680 | 502,311 | 7.22% | Shares |
| STATE STREET CORP | $33,981,735 | 465,567 | 6.69% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $27,166,831 | 372,148 | 5.35% | Shares |
| TWO SIGMA INVESTMENTS, LP | $18,938,204 | 259,463 | 3.73% | Shares |
| Qube Research & Technologies Ltd | $14,909,594 | 204,269 | 2.94% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $14,092,982 | 193,081 | 2.78% | Shares |
| AMERICAN CENTURY COMPANIES INC | $13,488,589 | 184,800 | 2.66% | Shares |
| FMR LLC | $8,312,904 | 113,891 | 1.64% | Shares |
| Bank of New York Mellon Corp | $7,781,975 | 106,617 | 1.53% | Shares |
| OBERWEIS ASSET MANAGEMENT INC/ | $7,612,857 | 104,300 | 1.50% | Shares |
| DENALI ADVISORS LLC | $7,240,608 | 99,200 | 1.43% | Shares |
| GOLDMAN SACHS GROUP INC | $6,949,670 | 95,214 | 1.37% | Shares |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $6,890,914 | 94,409 | 1.36% | Shares |
| Man Group plc | $6,778,654 | 92,871 | 1.34% | Shares |
| RHUMBLINE ADVISERS | $6,749,151 | 92,467 | 1.33% | Shares |
| FIRST TRUST ADVISORS LP | $5,943,356 | 81,427 | 1.17% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $5,482,936 | 75,119 | 1.08% | Shares |
| MILLENNIUM MANAGEMENT LLC | $5,307,614 | 72,717 | 1.05% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $5,066,017 | 69,407 | 1.00% | Shares |
| ROYCE & ASSOCIATES LP | $4,999,669 | 68,498 | 0.98% | Shares |
| BlackRock, Inc. | $4,589,100 | 62,873 | 0.90% | Shares |
| MORGAN STANLEY | $4,381,424 | 60,027 | 0.86% | Shares |
| TWO SIGMA ADVISERS, LP | $4,089,408 | 70,800 | 0.81% | Shares |
| AMERIPRISE FINANCIAL INC | $3,761,320 | 51,532 | 0.74% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $3,703,075 | 50,734 | 0.73% | Shares |
| PEAK6 LLC | $3,649,500 | 50,000 | 0.72% | Call option |
| PDT Partners, LLC | $3,557,314 | 48,737 | 0.70% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $3,503,520 | 48,000 | 0.69% | Shares |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $3,425,348 | 46,929 | 0.67% | Shares |
| D. E. Shaw & Co., Inc. | $3,358,270 | 46,010 | 0.66% | Shares |
| MARTINGALE ASSET MANAGEMENT L P | $3,186,671 | 43,659 | 0.63% | Shares |
| Public Sector Pension Investment Board | $2,846,829 | 39,003 | 0.56% | Shares |
| Allianz Asset Management GmbH | $2,740,118 | 37,541 | 0.54% | Shares |
| CITADEL ADVISORS LLC | $2,731,432 | 37,422 | 0.54% | Shares |
| SEIZERT CAPITAL PARTNERS, LLC | $2,682,601 | 36,753 | 0.53% | Shares |
| JANE STREET GROUP, LLC | $2,646,325 | 36,256 | 0.52% | Shares |
| BANK OF AMERICA CORP /DE/ | $2,620,268 | 35,899 | 0.52% | Shares |
| JAMES INVESTMENT RESEARCH, INC. | $2,561,949 | 35,100 | 0.50% | Shares |
| Moran Wealth Management, LLC | $2,358,380 | 32,311 | 0.46% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $2,087,295 | 28,597 | 0.41% | Shares |
| XTX Topco Ltd | $1,982,116 | 27,156 | 0.39% | Shares |
| DARK FOREST CAPITAL MANAGEMENT LP | $1,860,515 | 25,490 | 0.37% | Shares |
| Quantinno Capital Management LP | $1,779,001 | 24,373 | 0.35% | Shares |
| Linden Thomas Advisory Services, LLC | $1,732,710 | 23,739 | 0.34% | Shares |
| Swiss National Bank | $1,664,172 | 22,800 | 0.33% | Shares |
| PRUDENTIAL FINANCIAL INC | $1,631,764 | 22,356 | 0.32% | Shares |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | $1,468,048 | 20,113 | 0.29% | Shares |
| ALLIANCEBERNSTEIN L.P. | $1,306,990 | 22,357 | 0.26% | Shares |
| BARCLAYS PLC | $1,292,070 | 17,702 | 0.25% | Shares |
| VOYA INVESTMENT MANAGEMENT LLC | $1,265,428 | 17,337 | 0.25% | Shares |
| Legal & General Group Plc | $1,264,552 | 17,325 | 0.25% | Shares |
| AlphaQuest LLC | $1,232,252 | 21,334 | 0.24% | Shares |
| HSBC HOLDINGS PLC | $1,138,223 | 15,558 | 0.22% | Shares |
| Horizon Investments, LLC | $1,137,947 | 15,629 | 0.22% | Shares |
| Campbell & CO Investment Adviser LLC | $1,064,778 | 14,588 | 0.21% | Shares |
| Quadrature Capital Ltd | $998,941 | 13,686 | 0.20% | Shares |
| Nebula Research & Development LLC | $946,443 | 14,388 | 0.19% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $906,463 | 12,419 | 0.18% | Shares |
| Balyasny Asset Management L.P. | $899,529 | 12,324 | 0.18% | Shares |
| SIMPLEX TRADING, LLC | $897,120 | 12,291 | 0.18% | Shares |
| Cubist Systematic Strategies, LLC | $881,560 | 14,221 | 0.17% | Shares |
| OP Asset Management Ltd | $857,049 | 11,742 | 0.17% | Shares |
| Verdad Advisers, LP | $809,021 | 11,084 | 0.16% | Shares |
| DEUTSCHE BANK AG\ | $799,022 | 10,947 | 0.16% | Shares |
| WINTON GROUP Ltd | $788,000 | 10,796 | 0.16% | Shares |
| KLP KAPITALFORVALTNING AS | $766,395 | 10,500 | 0.15% | Shares |
| JANE STREET GROUP, LLC | $751,797 | 10,300 | 0.15% | Call option |
| Jump Financial, LLC | $744,498 | 10,200 | 0.15% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $732,820 | 10,040 | 0.14% | Shares |
| Engineers Gate Manager LP | $718,879 | 9,849 | 0.14% | Shares |
| Pacific Ridge Capital Partners, LLC | $709,171 | 9,716 | 0.14% | Shares |
| Squarepoint Ops LLC | $693,186 | 9,497 | 0.14% | Shares |
| WELLS FARGO & COMPANY/MN | $680,267 | 9,320 | 0.13% | Shares |
| STRS OHIO | $671,508 | 9,200 | 0.13% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $618,916 | 10,587 | 0.12% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $607,934 | 8,329 | 0.12% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $603,408 | 8,267 | 0.12% | Shares |
| Haven Private, LLC | $602,095 | 8,249 | 0.12% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $587,351 | 8,047 | 0.12% | Shares |
| Watershed Asset Management, L.L.C. | $560,563 | 7,680 | 0.11% | Shares |
| JANE STREET GROUP, LLC | $525,528 | 7,200 | 0.10% | Put option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $518,229 | 7,100 | 0.10% | Call option |
| UBS Group AG | $513,485 | 7,035 | 0.10% | Shares |
| NorthCrest Asset Manangement, LLC | $511,221 | 6,694 | 0.10% | Shares |
| MetLife Investment Management, LLC | $496,405 | 6,801 | 0.10% | Shares |
| Numerai GP LLC | $474,143 | 6,496 | 0.09% | Shares |
| VANGUARD GROUP INC | $464,795 | 8,047 | 0.09% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $455,166 | 6,236 | 0.09% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $452,538 | 6,200 | 0.09% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $422,685 | 5,791 | 0.08% | Shares |
| Illinois Municipal Retirement Fund | $407,065 | 5,577 | 0.08% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $382,103 | 5,235 | 0.08% | Shares |
| INCEPTIONR LLC | $375,971 | 5,151 | 0.07% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $372,468 | 5,103 | 0.07% | Shares |
| Louisiana State Employees Retirement System | $364,950 | 5,000 | 0.07% | Shares |
| State of Tennessee, Department of Treasury | $329,550 | 4,515 | 0.06% | Shares |
| Vanguard Global Advisers, LLC | $322,251 | 4,415 | 0.06% | Shares |
| Invesco Ltd. | $314,295 | 4,306 | 0.06% | Shares |
Company insiders 20 insiders · 11 officers · 8 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Thomas C Baker | Sr. VP, CFO & Treasurer | July 31, 2026 S | 36,092 | 0 | 2 | $-1,663,836 |
| Stephen P Sarno | Sr. VP, CFO, & Treasurer | Dec. 17, 2018 A | — | 0 | 0 | $0 |
| Joseph Driscoll | Sr. VP, CFO and Treasurer | Sept. 1, 2016 M | 8,106 | 0 | 0 | $0 |
| Mark A Gavin | Sr. VP Finance & CFO | Aug. 21, 2003 S | 81,113 | 0 | 0 | $0 |
| James R Garrity JR | President, MoreDirect, Inc. | Feb. 9, 2005 A | — | 0 | 0 | $0 |
| Patricia Gallup | Chairman & Chief Admin Officer | March 14, 2026 M | 2,533,258 | 0 | 0 | $0 |
| John Polizzi | Sr. Vice President & CIO | Dec. 30, 2011 J | 596 | 0 | 0 | $0 |
| Bradley Mousseau | Sr. VP, Human Resources | May 9, 2010 F | 17,354 | 0 | 0 | $0 |
| Peter Cannone III | Sr. VP , Sales Operations | Nov. 14, 2006 M | 0 | 0 | 0 | $0 |
| Kenneth A Grady | VP, Gen. Counsel & Secretary | July 22, 2005 A | — | 0 | 0 | $0 |
| Robert Wilkins | Executive Vice President | Aug. 28, 2003 S | 0 | 0 | 0 | $0 |
| Barbara Duckett | Director | July 31, 2026 S | 16,252 | 0 | 1 | $-167,720 |
| Jay E Bothwick | Director | June 30, 2026 M | 6,875 | 0 | 0 | $0 |
| Negrini David Beffa | Director | March 14, 2026 M | 65,375 | 0 | 0 | $0 |
| David Hall | Director | Sept. 1, 2020 M | 25,868 | 0 | 0 | $0 |
| Joseph A Baute | Director | May 22, 2019 M | 13,840 | 0 | 0 | $0 |
| Harvey D Weatherson | Director | Dec. 3, 2016 M | 17,500 | 0 | 0 | $0 |
| Bruce Barone | Director | May 9, 2008 A | 25,000 | 0 | 0 | $0 |
| Timothy J Mcgrath | — | Aug. 4, 2026 S | 240,343 | 0 | 5 | $-4,294,168 |
| Jack L Ferguson | — | March 14, 2026 M | 68,055 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Patricia Gallup, David Hall Trust 2003 ×9 filings | Sept. 17, 2025 | 54.40% | Amendment | Capital structure | SEC |
| Patricia Gallup, Abbott Brook Trust, David Hall Trust 2003 ×4 filings | Sept. 18, 2024 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 70 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| XSLV · Invesco Exchange-Traded Fund Trust … | 0.99% | 29,428 SH | Aug. 8, 2026 | Daily |
| ROSC · Lattice Strategies Trust | 0.52% | 4,471 NS | April 30, 2026 | N-PORT |
| SVAL · iShares Trust | 0.51% | 12,353 SH | Aug. 8, 2026 | Daily |
| RZV · Invesco Exchange-Traded Fund Trust | 0.47% | 17,191 SH | Aug. 8, 2026 | Daily |
| PSCT · Invesco Exchange-Traded Fund Trust … | 0.41% | 24,981 SH | Aug. 8, 2026 | Daily |
| AFSM · First Trust Exchange-Traded Fund VI… | 0.32% | 4,516 NS | May 31, 2026 | N-PORT |
| FYT · First Trust Exchange-Traded AlphaDE… | 0.26% | 7,429 NS | April 30, 2026 | N-PORT |
| RWJ · Invesco Exchange-Traded Fund Trust … | 0.20% | 50,449 SH | Aug. 8, 2026 | Daily |
| FYX · First Trust Exchange-Traded AlphaDE… | 0.19% | 35,628 NS | April 30, 2026 | N-PORT |
| XSHQ · Invesco Exchange-Traded Fund Trust … | 0.18% | 6,937 SH | Aug. 8, 2026 | Daily |
| SMMV · iShares Trust | 0.15% | 4,976 SH | Aug. 8, 2026 | Daily |
| JPSE · J.P. Morgan Exchange-Traded Fund Tr… | 0.13% | 12,144 NS | April 30, 2026 | N-PORT |
| IJS · iShares Trust | 0.11% | 100,647 SH | Aug. 8, 2026 | Daily |
| EBIT · Harbor ETF Trust | 0.10% | 171 NS | April 30, 2026 | N-PORT |
| VIOV · VANGUARD ADMIRAL FUNDS | 0.09% | 24,088 SH | Aug. 8, 2026 | Daily |
| DFAT · Dimensional ETF Trust | 0.08% | 168,463 NS | April 30, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.07% | 26,920 NS | April 30, 2026 | N-PORT |
| IWN · iShares Trust | 0.07% | 111,771 SH | Aug. 8, 2026 | Daily |
| FNDA · SCHWAB STRATEGIC TRUST | 0.06% | 80,635 NS | May 31, 2026 | N-PORT |
| XJR · iShares Trust | 0.06% | 1,351 SH | Aug. 8, 2026 | Daily |
| DFSV · Dimensional ETF Trust | 0.06% | 71,567 NS | April 30, 2026 | N-PORT |
| QVMS · Invesco Exchange-Traded Fund Trust … | 0.06% | 1,703 SH | Aug. 8, 2026 | Daily |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.06% | 22,316 NS | May 31, 2026 | N-PORT |
| GSSC · Goldman Sachs ETF Trust | 0.06% | 7,890 NS | May 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.05% | 3,424 NS | April 30, 2026 | N-PORT |
| IJR · iShares Trust | 0.05% | 692,628 SH | Aug. 8, 2026 | Daily |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.05% | 1,156 NS | April 30, 2026 | N-PORT |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.05% | 9,654 SH | Aug. 8, 2026 | Daily |
| VIOO · VANGUARD ADMIRAL FUNDS | 0.04% | 39,578 SH | Aug. 8, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.04% | 82,103 NS | April 30, 2026 | N-PORT |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.04% | 4,072 NS | April 30, 2026 | N-PORT |
| SAA · ProShares Trust | 0.04% | 136 NS | May 31, 2026 | N-PORT |
| IWM · iShares Trust | 0.03% | 325,700 SH | Aug. 8, 2026 | Daily |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.03% | 116,819 NS | May 31, 2026 | N-PORT |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.03% | 10,164 SH | Aug. 8, 2026 | Daily |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.03% | 973 SH | Aug. 8, 2026 | Daily |
| ISCV · iShares Trust | 0.02% | 1,816 SH | Aug. 8, 2026 | Daily |
| RSSL · Global X Funds | 0.02% | 4,768 NS | April 30, 2026 | N-PORT |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.02% | 63,611 SH | Aug. 8, 2026 | Daily |
| TDVI · First Trust Exchange-Traded Fund IV | 0.02% | 1,308 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.02% | 522 NS | May 31, 2026 | N-PORT |
| ISCB · iShares Trust | 0.02% | 576 SH | Aug. 8, 2026 | Daily |
| SCHA · SCHWAB STRATEGIC TRUST | 0.02% | 54,626 NS | May 31, 2026 | N-PORT |
| FTEC · FIDELITY COVINGTON TRUST | 0.01% | 35,584 NS | April 30, 2026 | N-PORT |
| ISCG · iShares Trust | 0.01% | 1,449 SH | Aug. 8, 2026 | Daily |
| WSML · iShares Trust | 0.01% | 963 SH | Aug. 8, 2026 | Daily |
| UWM · ProShares Trust | 0.01% | 408 NS | May 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.01% | 130,359 SH | Aug. 8, 2026 | Daily |
| VGT · VANGUARD WORLD FUND | 0.01% | 287,504 SH | Aug. 8, 2026 | Daily |
| DFUV · Dimensional ETF Trust | 0.01% | 20,670 NS | April 30, 2026 | N-PORT |