MED MEDIFAST INC Common Stock
About MEDIFAST INC Common Stock Company overview from Wikipedia
Medifast, Inc. is an American nutrition and weight loss company based in Baltimore, Maryland. Medifast produces, distributes, and sells weight loss and health-related products through websites, multi-level marketing, telemarketing, and franchised weight loss clinics.
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Medifast, Inc. (NYSE: MED) is an American nutrition and weight loss company based in Baltimore, Maryland. Medifast produces, distributes, and sells weight loss and health-related products through websites, multi-level marketing, telemarketing, and franchised weight loss clinics.
Subsidiaries
The company owns five subsidiaries:
Jason Pharmaceuticals, Inc.
Take Shape for Life, Inc. (TSFL) (renamed Optavia from July 2017)
Jason Enterprises, Inc.
Jason Properties, LLC
Seven Crondall, LLC
History
William Vitale, a medical doctor, founded Medifast in 1980. He sold his products directly to other doctors, who in turn prescribed them to their patients alongside behavioural counselling techniques.
The company is publicly traded on the New York Stock Exchange (symbol: MED).
On July 17, 1995, HealthRite (predecessor of Medifast) changed its name from Vitamin Specialties Corp.
In 2000 the company pivoted to a direct-to-consumer marketing program with the help of Jason Pharmaceuticals and in 2001, the company changed its name to Medifast, Inc. In 2002, Retired Marine Colonel Bradley T. MacDonald, Chairman of the Board at the time, along with clinical specialist Dr. Wayne Scott Andersen, created Take Shape For Life as a personal Coach to the Client system and the company's “Habits of Health System.”
In October 2010, Medifast was ranked number 1 on Forbes magazine's list of "America's 100 Best Small Companies". The company was ranked 18th on the 2014 list.
Medifast was named one of Forbes's 100 Most Trustworthy Companies in America in 2016 and 2017.
In July 2017, Medifast changed the name of its subsidiary Take Shape For Life to Optavia and introduced a new line of products, Optavia Essentials, directly sold from Coaches to clients.
In October 2017, Medifast relocated its headquarters to Baltimore from Owings Mills, Maryland. The company is public with a market capitalization of $2.106 billion, as of June 2022.
In December 2023, Medifast announced a partnership with LifeMD, a provider of virtual healthcare services. Under the agreement, Medifast will use LifeMD's virtual platform to offer Medifast clients a clinically supported weight management program, including the option for prescription GLP-1 medications where clinically appropriate. In return, LifeMD will provide its patients with an independent Medifast Coach and additional lifestyle support services for weight management.
False advertising settlement
In September 2012, Medifast's subsidiary, Jason Pharmaceuticals, paid a $3.7 million USD civil penalty for false advertising. The Federal Trade Commission and United States Department of Justice said that advertisements for the "Medifast 5 & 1 Plan" low-calorie diet told consumers they could "lose up to 2-5 pounds per week", and that these weight-loss claims lacked a reasonable scientific basis, and were unsubstantiated. Under the settlement, any future claims made by the company must be backed by at least one human clinical study.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
MED Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
MED Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| Sept. 18, 2023 | $1.6500 |
| June 26, 2023 | $1.6500 |
| March 27, 2023 | $1.6500 |
| Dec. 19, 2022 | $1.6400 |
| Sept. 19, 2022 | $1.6400 |
| June 27, 2022 | $1.6400 |
| March 28, 2022 | $1.6400 |
| Dec. 20, 2021 | $1.4200 |
| Sept. 20, 2021 | $1.4200 |
| June 21, 2021 | $1.4200 |
| March 29, 2021 | $1.4200 |
| Dec. 21, 2020 | $1.1300 |
| Sept. 21, 2020 | $1.1300 |
| June 29, 2020 | $1.1300 |
| March 30, 2020 | $1.1300 |
| Dec. 26, 2019 | $1.1300 |
| Sept. 26, 2019 | $0.7500 |
| June 27, 2019 | $0.7500 |
| March 28, 2019 | $0.7500 |
| Dec. 20, 2018 | $0.7500 |
MED Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 0 0.0%
- Buy 0 0.0%
- Hold 4 44.4%
- Sell 4 44.4%
- Strong Sell 1 11.1%
12-Month Price Target
1 analysts · 2026-08-16Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $-0.28 | $-0.66 | 0.38% |
| March 31, 2026 | $-0.19 | $-0.53 | 0.34% |
| Dec. 31, 2025 | $-1.65 | $-0.83 | -0.82% |
| Sept. 30, 2025 | $-0.21 | $-0.39 | 0.18% |
| June 30, 2025 | $0.22 | $-0.22 | 0.44% |
| March 31, 2025 | $-0.11 | $-0.27 | 0.16% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| MED | $117M | -6.3 | -36.0% | -4.8% | -9.0% | 71.3% |
| NATR | $378M | 20.4 | 5.7% | 4.1% | 12.0% | 72.4% |
| USNA | $355M | 33.5 | 8.3% | 1.2% | 2.0% | 78.3% |
| NAGE | $507M | 31.8 | 29.9% | 13.4% | 24.7% | 64.3% |
| NUS | — | 3.0 | -14.3% | 10.8% | 22.0% | 69.5% |
| FTLF | — | 25.8 | 26.4% | — | — | — |
| SKIN | $177M | -8.7 | -10.0% | -3.2% | -14.1% | 65.3% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $386M | $602M | $1.07B | $1.60B | $1.53B | $935M | $714M | $501M | $302M | $275M | $273M | $285M | |
| Cost of Revenue | $111M | $158M | $296M | $458M | $398M | $237M | $177M | $121M | $74M | $69M | $71M | $76M | |
| Gross Profit | $275M | $445M | $776M | $1.14B | $1.13B | $698M | $537M | $380M | $228M | $206M | $201M | $209M | |
| R&D Expense | $4M | $5M | $5M | $4M | $4M | $3M | $3M | $2M | $2M | $2M | $2M | $1M | |
| SG&A Expense | $289M | $442M | $649M | $956M | $911M | $564M | $446M | $311M | $188M | $179M | $173M | $179M | |
| Operating Income | $-14M | $3M | $126M | $185M | $216M | $134M | $91M | $69M | $40M | $27M | $29M | $30M | |
| Other Non-op | $3M | $-4M | $-95.0K | $-747.0K | $119.0K | $-140.0K | $29.0K | $179.0K | $136.0K | $-20.0K | $326.0K | $731.0K | |
| Pretax Income | $-6M | $4M | $129M | $184M | $216M | $134M | $92M | $71M | $40M | $27M | $30M | $32M | |
| Income Tax | $13M | $2M | $29M | $40M | $52M | $31M | $14M | $15M | $13M | $9M | $10M | $11M | |
| Net Income | $-19M | $2M | $99M | $144M | $164M | $103M | $78M | $56M | $28M | $18M | $20M | $13M | |
| EPS (Basic) | $-1.70 | $0.19 | $9.13 | $12.82 | $14.01 | $8.74 | $6.62 | $4.67 | $2.32 | $1.51 | $1.68 | $1.04 | |
| EPS (Diluted) | $-1.70 | $0.19 | $9.10 | $12.73 | $13.89 | $8.68 | $6.43 | $4.62 | $2.29 | $1.49 | $1.66 | $1.03 | |
| Shares (Basic) | 10,981,000 | 10,930,000 | 10,884,000 | 11,195,000 | 11,705,000 | 11,771,000 | 11,771,000 | 11,947,000 | 11,924,000 | 11,842,000 | 11,959,000 | 12,670,000 | |
| Shares (Diluted) | 10,981,000 | 10,963,000 | 10,921,000 | 11,276,000 | 11,813,000 | 11,850,000 | 12,117,000 | 12,079,000 | 12,088,000 | 11,947,000 | 12,071,000 | 12,778,000 | |
| EBITDA | $29.0K | $16M | $140M | $196M | $223M | $141M | $96M | $73M | $44M | $32M | $36M | · |
Balance Sheet 24
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $89M | $91M | $94M | $88M | $104M | $164M | $77M | $81M | $75M | $52M | $42M | $24M | |
| Short-term Investments | $78M | $71M | $56M | $0 | $5M | $11M | $16M | $20M | $24M | $24M | $25M | $28M | |
| Receivables | · | · | · | · | · | $584.0K | $1M | $1M | $576.0K | $1M | $2M | $2M | |
| Inventory | $20M | $42M | $55M | $119M | $180M | $53M | $49M | $39M | $19M | $18M | $13M | $16M | |
| Prepaid Expense | $9M | $10M | $11M | $16M | $16M | $6M | $6M | $5M | $4M | $4M | $3M | $3M | |
| Current Assets | $202M | $214M | $224M | $223M | $307M | $234M | $154M | $146M | $125M | $101M | $87M | $82M | |
| PP&E (Net) | $31M | $38M | $51M | $57M | $56M | $28M | $26M | $20M | $19M | $20M | $29M | $33M | |
| PP&E (Gross) | $99M | $96M | $99M | $97M | $89M | $55M | $49M | $54M | $52M | $56M | $75M | $74M | |
| Accum. Depreciation | $68M | $58M | $47M | $40M | $33M | $27M | $23M | $35M | $33M | $36M | $46M | $40M | |
| Other Non-current Assets | $8M | $10M | $15M | $12M | $6M | $3M | $353.0K | $1M | $2M | $162.0K | $205.0K | $497.0K | |
| Total Assets | $248M | $284M | $310M | $316M | $398M | $276M | $195M | $169M | $146M | $121M | $116M | $116M | |
| Accounts Payable | $38M | $56M | $86M | $135M | $163M | $108M | $76M | $60M | $37M | $24M | $23M | $22M | |
| Current Liabilities | $43M | $64M | $92M | $141M | $170M | $111M | $79M | $60M | $37M | $24M | $24M | $27M | |
| Capital Leases | $6M | $10M | $16M | $20M | $26M | $7M | $10M | · | · | · | $0 | $242.0K | |
| Deferred Tax | · | · | · | · | · | · | · | · | $208.0K | $779.0K | $4M | $5M | |
| Total Liabilities | $49M | $74M | $108M | $161M | $196M | $119M | $90M | $60M | $37M | $25M | $28M | $35M | |
| Common Stock | $11.0K | $11.0K | $11.0K | $11.0K | $12.0K | $12.0K | $12.0K | $12.0K | $12.0K | $12.0K | $12.0K | $12.0K | |
| Paid-in Capital | $40M | $33M | $27M | $22M | $12M | $8M | · | $9M | $5M | $3M | $0 | $1M | |
| Retained Earnings | $158M | $177M | $175M | $140M | $190M | $154M | $169M | $131M | $104M | $93M | $89M | $79M | |
| Treasury Stock | · | · | $0 | $6M | $0 | $5M | $64M | $31M | · | · | · | $0 | |
| AOCI | $234.0K | $180.0K | $248.0K | $24.0K | $111.0K | $41.0K | $25.0K | $-173.0K | $-160.0K | $-165.0K | $-62.0K | $435.0K | |
| Stockholders' Equity | $199M | $210M | $201M | $155M | $202M | $157M | $105M | $109M | $107M | $96M | $89M | $80M | |
| Liabilities + Equity | $248M | $284M | $310M | $316M | $398M | $276M | $195M | $169M | $146M | $121M | $116M | $116M | |
| Shares Outstanding | 10,991,000 | 10,938,000 | 10,896,000 | 10,873,000 | 11,593,000 | 11,772,000 | 11,764,000 | 11,868,000 | 11,971,000 | 11,871,000 | 11,797,000 | 12,075,764 |
Cash Flow 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $14M | $13M | $13M | $11M | $7M | $4M | $5M | $4M | $4M | $5M | $7M | $8M | |
| Stock-based Comp | $8M | $7M | $8M | $11M | $10M | $7M | $5M | $3M | $4M | $3M | $3M | $4M | |
| Deferred Tax | $11M | $-7M | $1M | $-924.0K | $-4M | $601.0K | $2M | $-3M | $-623.0K | $-3M | $-106.0K | $286.0K | |
| Restructuring | · | · | · | · | · | · | · | · | · | $1M | · | · | |
| Other Non-cash | $-8M | $10M | $26M | $30M | $-82M | $28M | $-4M | $155.0K | $8M | $2M | $-737.0K | · | |
| Operating Cash Flow | $7M | $24M | $148M | $195M | $95M | $145M | $84M | $61M | $43M | $25M | $29M | $26M | |
| CapEx | $6M | $7M | $6M | $17M | $34M | $6M | $10M | $5M | $3M | $3M | $3M | $7M | |
| Investing Cash Flow | $-8M | $-27M | $-61M | $-11M | $-29M | $-1M | $-6M | $-1M | $-3M | $-2M | $-189.0K | $-3M | |
| Net Debt Issued | · | · | · | · | · | · | · | · | · | $-219.0K | $-255.0K | · | |
| Stock Repurchased | $0 | $0 | $4M | $126M | $56M | $5M | $33M | $30M | · | · | $11M | $34M | |
| Net Stock Activity | $0 | $0 | $-4M | $-126M | $-56M | $-5M | $-33M | $-30M | · | · | $-11M | · | |
| Dividends Paid | $195.0K | $715.0K | $73M | $72M | $64M | $53M | $35M | $23M | $15M | $12M | · | · | |
| Financing Cash Flow | $-564.0K | $-2M | $-80M | $-200M | $-125M | $-57M | $-82M | $-53M | $-17M | $-13M | $-12M | $-35M | |
| Net Change in Cash | $-2M | $-4M | $7M | $-16M | $-60M | $87M | $-4M | $6M | $23M | $10M | $18M | $-12M | |
| Taxes Paid | $10M | $-2M | $34M | $37M | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $1M | $17M | $141M | $178M | $60M | $139M | $74M | $56M | $40M | $22M | $27M | · |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 71.3% | 73.8% | 72.4% | 71.3% | 73.9% | 74.7% | 75.2% | 75.8% | 75.5% | 74.9% | 73.8% | · | |
| Operating Margin | -3.7% | 0.48% | 11.8% | 11.6% | 14.2% | 14.3% | 12.8% | 13.8% | 13.1% | 9.8% | 10.5% | · | |
| Net Margin | -4.8% | 0.35% | 9.3% | 9.0% | 10.8% | 11.0% | 10.9% | 11.1% | 9.2% | 6.5% | 7.3% | · | |
| Pretax Margin | -1.5% | 0.63% | 12.0% | 11.5% | 14.2% | 14.4% | 12.9% | 14.1% | 13.4% | 9.9% | 10.9% | · | |
| EBITDA Margin | 0.01% | 2.6% | 13.0% | 12.2% | 14.6% | 15.1% | 13.4% | 14.7% | 14.5% | 11.8% | 13.1% | · | |
| ROA | -7.0% | 0.70% | 31.8% | 40.2% | 48.6% | 43.7% | 42.8% | 35.4% | 20.8% | 15.0% | 17.2% | · | |
| ROE | -9.0% | 1.0% | 50.4% | 94.0% | 82.3% | 69.2% | 72.1% | 50.5% | 27.1% | 19.3% | 23.7% | · | |
| ROIC | -23.7% | 0.76% | 48.4% | 93.0% | 81.1% | 65.4% | 73.3% | 50.1% | 25.1% | 18.4% | 21.3% | · |
Liquidity & Solvency 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.7 | 3.3 | 2.4 | 1.6 | 1.8 | 2.1 | 1.9 | 2.4 | 3.4 | 4.1 | 3.7 | · | |
| Quick Ratio | 3.9 | 2.5 | 1.0 | 0.6 | 0.6 | 1.6 | 1.2 | 1.7 | 2.7 | 3.2 | 2.9 | · |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.4 | 2.0 | 3.4 | 4.5 | 4.5 | 4.0 | 3.9 | 3.2 | 2.3 | 2.3 | 2.3 | · | |
| Inventory Turnover | 3.5 | 3.3 | 3.4 | 3.1 | 3.4 | 4.6 | 4.0 | 4.1 | 3.9 | 4.4 | 4.9 | · | |
| Receivables Turnover | · | · | · | · | · | 925.1 | 583.1 | 467.4 | 307.2 | 181.8 | 166.2 | · |
Growth Rates 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -36.0% | -43.8% | -32.9% | 4.8% | 63.2% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -37.7% | -26.6% | 4.7% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | -16.2% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | · | -97.9% | -28.5% | -8.3% | 60.0% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | · | -76.1% | 1.6% | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | · | -97.9% | -30.8% | -12.5% | 59.5% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | · | -76.6% | -1.1% | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | -67.4% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $386M | $602M | $1.07B | $1.60B | $1.53B | $935M | $714M | $501M | $302M | $275M | $273M | $285M | |
| Net Income TTM | $-19M | $2M | $99M | $144M | $164M | $103M | $78M | $56M | $28M | $18M | $20M | $13M | |
| Market Cap | $117M | $193M | $732M | $1.25B | $2.43B | $2.31B | $1.29B | $1.48B | $836M | $494M | $358M | · | |
| P/E | -6.3 | 92.7 | 7.4 | 9.1 | 15.1 | 22.6 | 17.0 | 27.1 | 30.5 | 27.9 | 18.3 | 32.6 | |
| P/S | 0.3 | 0.3 | 0.7 | 0.8 | 1.6 | 2.5 | 1.8 | 3.0 | 2.8 | 1.8 | 1.3 | · | |
| P/B | 0.6 | 0.9 | 3.6 | 8.1 | 12.0 | 14.7 | 12.3 | 13.6 | 7.7 | 5.1 | 4.0 | · | |
| P / Tangible Book | 0.6 | 0.9 | 3.6 | 8.1 | 12.0 | 14.7 | · | · | · | · | · | · | |
| P / Cash Flow | 17.1 | 7.9 | 5.0 | 6.4 | 25.7 | 15.9 | 15.3 | 24.4 | 19.3 | 19.5 | 12.2 | · | |
| P / FCF | 94.0 | 11.3 | 5.2 | 7.1 | 40.2 | 16.6 | 17.4 | 26.6 | 20.9 | 22.0 | 13.5 | · | |
| Dividend Yield | 0.17% | 0.37% | 10.0% | 5.7% | 2.6% | 2.3% | 2.8% | 1.6% | 1.8% | 2.4% | · | · | |
| Earnings Yield | -15.9% | 1.1% | 13.5% | 11.0% | 6.6% | 4.4% | 5.9% | 3.7% | 3.3% | 3.6% | 5.5% | 3.1% | |
| Payout Ratio | -1.0% | 34.2% | 73.5% | 49.9% | 38.9% | 51.7% | 45.4% | 41.5% | 55.5% | 66.7% | · | · | |
| Annual Payout | $195.0K | $715.0K | $73M | $72M | $64M | $53M | $35M | $23M | $15M | $12M | · | · |
Income Statement 15
| 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 | $76M | $76M | $75M | $89M | $106M | $116M | $119M | $140M | $169M | $175M | $191M | $236M | $296M | $349M | $337M | $390M | |
| Cost of Revenue | $23M | $24M | $23M | $27M | $29M | $31M | $31M | $34M | $45M | $47M | $50M | $58M | $85M | $103M | $104M | $108M | |
| Gross Profit | $53M | $52M | $52M | $62M | $77M | $84M | $88M | $106M | $123M | $127M | $141M | $177M | $211M | $246M | $234M | $283M | |
| SG&A Expense | $58M | $55M | $60M | $66M | $78M | $86M | $88M | $104M | $131M | $119M | $133M | $152M | $172M | $193M | $201M | $235M | |
| Operating Income | $-4M | $-3M | $-8M | $-4M | $-1M | $-1M | $708.0K | $2M | $-8M | $8M | $9M | $26M | $39M | $54M | $33M | $48M | |
| Interest Income | $1M | $1M | · | $1M | $1M | $1M | · | $1M | $1M | $1M | · | · | · | · | · | · | |
| Other Non-op | $-11.0K | $-25.0K | $-1M | $-2.0K | $3M | $487.0K | $-2M | $-2M | $-4M | $4M | $-50.0K | $7.0K | $-51.0K | $-1.0K | $-710.0K | $-17.0K | |
| Pretax Income | $-3M | $-2M | $-6M | $-3M | $3M | $526.0K | $1M | $2M | $-11M | $12M | $10M | $27M | $39M | $53M | $32M | $48M | |
| Income Tax | $109.0K | $181.0K | $12M | $-396.0K | $395.0K | $1M | $474.0K | $449.0K | $-2M | $3M | $4M | $3M | $9M | $13M | $6M | $12M | |
| Net Income | $-3M | $-2M | $-18M | $-2M | $2M | $-772.0K | $800.0K | $1M | $-8M | $8M | $6M | $23M | $30M | $40M | $27M | $36M | |
| EPS (Basic) | $-0.28 | $-0.19 | $-1.65 | $-0.21 | $0.23 | $-0.07 | $0.08 | $0.10 | $-0.75 | $0.76 | $0.55 | $2.12 | $2.78 | $3.68 | $2.46 | $3.30 | |
| EPS (Diluted) | $-0.28 | $-0.19 | $-1.64 | $-0.21 | $0.22 | $-0.07 | $0.08 | $0.10 | $-0.75 | $0.76 | $0.54 | $2.12 | $2.77 | $3.67 | $2.45 | $3.27 | |
| Shares (Basic) | 11,135,000 | 11,006,000 | -21,949,000 | 10,991,000 | 10,991,000 | 10,948,000 | -21,853,000 | 10,937,000 | 10,937,000 | 10,909,000 | -21,760,000 | 10,892,000 | 10,888,000 | 10,864,000 | -22,680,000 | 10,964,000 | |
| Shares (Diluted) | 11,135,000 | 11,006,000 | -22,018,000 | 10,991,000 | 11,060,000 | 10,948,000 | -21,903,000 | 10,971,000 | 10,937,000 | 10,958,000 | -21,828,000 | 10,933,000 | 10,917,000 | 10,899,000 | -22,839,000 | 11,042,000 | |
| EBITDA | $-4M | $188.0K | · | $-4M | $-1M | $2M | · | $2M | $-8M | $11M | · | $26M | $39M | $56M | · | $48M |
Balance Sheet 22
| 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 | $72M | $72M | $89M | $100M | $102M | $92M | $91M | $115M | $108M | $97M | · | $113M | $147M | $124M | · | $70M | |
| Short-term Investments | $98M | $97M | $78M | $74M | $61M | $73M | $71M | $55M | $55M | $59M | · | · | · | · | · | $0 | |
| Inventory | $21M | $21M | $20M | $23M | $30M | $39M | $42M | $40M | $40M | $46M | · | $58M | $69M | $97M | · | $145M | |
| Prepaid Expense | $6M | $7M | $9M | $7M | $9M | $10M | $10M | $7M | $12M | $11M | · | $8M | $13M | $10M | · | $14M | |
| Current Assets | $202M | $203M | $202M | $208M | $206M | $214M | $214M | $225M | $224M | $220M | · | $224M | $229M | $230M | · | $230M | |
| PP&E (Net) | $28M | $30M | $31M | $33M | $35M | $36M | $38M | $39M | $40M | $51M | · | $53M | $54M | $56M | · | $58M | |
| PP&E (Gross) | · | · | $99M | · | · | · | $96M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $68M | · | · | · | $58M | · | · | · | · | · | · | · | · | · | |
| Other Non-current Assets | $6M | $7M | $8M | $7M | $8M | $9M | $10M | $11M | $12M | $14M | · | $16M | $14M | $14M | · | $13M | |
| Total Assets | $260M | $252M | $248M | $268M | $269M | $280M | $284M | $291M | $294M | $303M | · | $320M | $319M | $322M | · | $326M | |
| Accounts Payable | $36M | $38M | $38M | $41M | $40M | $52M | $56M | $66M | $69M | $71M | · | $103M | $105M | $113M | · | $148M | |
| Current Liabilities | $42M | $42M | $43M | $47M | $46M | $61M | $64M | $72M | $75M | $77M | · | $110M | $115M | $132M | · | $154M | |
| Capital Leases | $22M | $12M | $6M | $7M | $7M | $8M | $10M | $12M | $13M | $15M | · | $17M | $18M | $19M | · | $22M | |
| Total Liabilities | $64M | $54M | $49M | $54M | $53M | $69M | $74M | $84M | $88M | $92M | · | $127M | $133M | $151M | · | $176M | |
| Common Stock | $11.0K | $11.0K | $11.0K | $11.0K | $11.0K | $11.0K | $11.0K | $11.0K | $11.0K | $11.0K | · | $11.0K | $11.0K | $11.0K | · | $11.0K | |
| Paid-in Capital | $43M | $41M | $40M | $38M | $37M | $35M | $33M | $31M | $30M | $28M | · | $24M | $22M | $19M | · | $19M | |
| Retained Earnings | $153M | $156M | $158M | $176M | $178M | $176M | $177M | $176M | $175M | $183M | · | $169M | $164M | $152M | · | $132M | |
| Treasury Stock | · | · | · | · | · | · | · | · | · | · | · | $0 | $0 | $0 | · | · | |
| AOCI | $11.0K | $33.0K | $234.0K | $220.0K | $179.0K | $239.0K | $180.0K | $349.0K | $26.0K | $22.0K | · | $141.0K | $123.0K | $33.0K | · | $391.0K | |
| Stockholders' Equity | $196M | $198M | $199M | $215M | $216M | $211M | $210M | $207M | $205M | $211M | $201M | $193M | $186M | $171M | $155M | $151M | |
| Liabilities + Equity | $260M | $252M | $248M | $268M | $269M | $280M | $284M | $291M | $294M | $303M | · | $320M | $319M | $322M | · | $326M | |
| Shares Outstanding | 11,181,000 | 11,119,000 | 10,991,000 | 10,991,000 | 10,991,000 | 10,991,000 | 10,938,000 | 10,937,000 | 10,937,000 | 10,937,000 | · | 10,892,000 | 10,889,000 | 10,887,000 | · | 10,928,000 |
Cash Flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $3M | $3M | $3M | $3M | $4M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | |
| Stock-based Comp | $2M | $2M | $2M | $910.0K | $3M | $2M | $2M | $606.0K | $2M | $2M | $2M | $3M | $3M | $606.0K | $3M | $3M | |
| Deferred Tax | · | $0 | $12M | $-648.0K | $-20.0K | $20.0K | $-8M | $106.0K | $-103.0K | $112.0K | $7M | $-6M | $0 | $800.0K | $822.0K | $-2M | |
| Other Non-cash | · | $-3M | · | · | · | $-1M | · | · | · | $-7M | · | · | · | $20M | · | · | |
| Operating Cash Flow | $2M | $260.0K | $-5M | $12M | $-3M | $3M | $-5M | $9M | $13M | $7M | $11M | $30M | $43M | $64M | $52M | $55M | |
| CapEx | $969.0K | $1M | $1M | $1M | $1M | $2M | $2M | $1M | $2M | $2M | $946.0K | $2M | $2M | $2M | $9M | $2M | |
| Investing Cash Flow | $-1M | $-17M | $-5M | $-14M | $13M | $-2M | $-19M | $-2M | $-3M | $-3M | $-11M | $-46M | $-2M | $-2M | $-9M | $-2M | |
| Stock Repurchased | · | · | · | · | · | · | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4M | $6M | $20M | |
| Net Stock Activity | · | · | · | · | · | · | · | · | · | $0 | · | · | · | $-4M | · | · | |
| Dividends Paid | $83.0K | $87.0K | $0 | $0 | $1.0K | $194.0K | $0 | $1.0K | $4.0K | $710.0K | $18M | $18M | $18M | $19M | $18M | $18M | |
| Financing Cash Flow | $-83.0K | $-901.0K | $1.0K | $0 | $-2.0K | $-563.0K | $-1.0K | $-3.0K | $-20.0K | $-1M | $-18M | $-18M | $-18M | $-26M | $-24M | $-45M | |
| Net Change in Cash | $381.0K | $-18M | $-10M | $-2M | $10M | $789.0K | $-24M | $7M | $11M | $3M | $-18M | $-35M | $24M | $36M | $18M | $9M | |
| Taxes Paid | · | $241.0K | · | · | · | $3M | · | · | · | $-100.0K | · | · | · | $-46.0K | $3M | $4M | |
| Free Cash Flow | · | $-836.0K | · | · | · | $2M | · | · | · | $5M | · | · | · | $62M | · | · |
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 | 69.9% | 68.1% | · | 69.5% | 72.6% | 72.8% | · | 75.4% | 73.2% | 72.9% | · | 75.2% | 71.1% | 70.6% | · | 72.5% | |
| Operating Margin | -5.7% | -4.3% | · | -4.6% | -1.0% | -1.1% | · | 1.5% | -4.7% | 4.5% | · | 10.8% | 13.1% | 15.3% | · | 12.3% | |
| Net Margin | -4.1% | -2.8% | · | -2.5% | 2.4% | -0.67% | · | 0.81% | -4.8% | 4.8% | · | 9.8% | 10.2% | 11.5% | · | 9.3% | |
| Pretax Margin | -3.9% | -2.5% | · | -3.0% | 2.7% | 0.45% | · | 1.1% | -6.3% | 6.6% | · | 11.3% | 13.2% | 15.3% | · | 12.3% | |
| EBITDA Margin | -5.7% | 0.25% | · | -4.6% | -1.0% | 1.7% | · | 1.5% | -4.7% | 6.4% | · | 10.8% | 13.1% | 16.2% | · | 12.3% | |
| ROA | -1.2% | -0.80% | · | -0.81% | 0.88% | -0.26% | · | 0.37% | -2.7% | 2.7% | · | 7.2% | 9.2% | 10.8% | · | 10.4% | |
| ROE | -1.5% | -1.0% | · | -1.1% | 1.2% | -0.37% | · | 0.56% | -4.2% | 4.4% | · | 13.5% | 19.2% | 20.7% | · | 20.8% | |
| ROIC | -2.3% | -1.8% | · | -1.6% | -0.43% | 0.88% | · | 0.73% | -2.9% | 2.7% | · | 11.5% | 16.2% | 23.5% | · | 24.2% |
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 | 4.9 | 4.8 | · | 4.4 | 4.5 | 3.5 | · | 3.1 | 3.0 | 2.8 | · | 2.0 | 2.0 | 1.7 | · | 1.5 | |
| Quick Ratio | 4.1 | 4.0 | · | 3.7 | 3.5 | 2.7 | · | 2.3 | 2.2 | 2.0 | · | 1.0 | 1.3 | 0.9 | · | 0.5 |
Efficiency 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.3 | · | 0.3 | 0.4 | 0.4 | · | 0.5 | 0.6 | 0.6 | · | 0.7 | 0.9 | 0.9 | · | 1.1 | |
| Inventory Turnover | 0.9 | 0.8 | · | 0.9 | 0.8 | 0.7 | · | 0.7 | 0.8 | 0.7 | · | 0.6 | 0.8 | 0.7 | · | 0.8 |
Valuation (TTM) 11
| 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 | $347M | $387M | · | $451M | $530M | $599M | · | $719M | $875M | $1.06B | · | $1.27B | $1.49B | $1.61B | · | $1.67B | |
| Net Income TTM | $-5M | $-3M | · | $576.0K | $-5M | $519.0K | · | $24M | $54M | $102M | · | $130M | $146M | $157M | · | $159M | |
| Market Cap | $119M | $113M | · | $150M | $154M | $148M | · | $209M | $239M | $419M | · | $815M | $1.00B | $1.13B | · | $1.18B | |
| P/E | -23.1 | -40.8 | · | 341.8 | -28.1 | 337.0 | · | 8.6 | 4.5 | 4.1 | · | 6.3 | 7.0 | 7.4 | · | 7.8 | |
| P/S | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.2 | · | 0.3 | 0.3 | 0.4 | · | 0.6 | 0.7 | 0.7 | · | 0.7 | |
| P/B | 0.6 | 0.6 | · | 0.7 | 0.7 | 0.7 | · | 1.0 | 1.2 | 2.0 | · | 4.2 | 5.4 | 6.6 | · | 7.9 | |
| P / Tangible Book | 0.6 | 0.6 | · | 0.7 | 0.7 | 0.7 | · | 1.0 | 1.2 | 2.0 | · | 4.2 | 5.4 | 6.6 | · | 7.9 | |
| P / Cash Flow | · | 435.8 | · | · | · | 43.5 | · | · | · | 57.6 | · | · | · | 17.6 | · | · | |
| P / FCF | · | -135.5 | · | · | · | 78.6 | · | · | · | 77.0 | · | · | · | 18.2 | · | · | |
| Earnings Yield | -4.3% | -2.5% | · | 0.29% | -3.6% | 0.30% | · | 11.7% | 22.5% | 24.3% | · | 15.8% | 14.2% | 13.5% | · | 12.8% | |
| Payout Ratio | · | -4.1% | · | · | · | -25.1% | · | · | · | 8.5% | · | · | · | 47.9% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $386M | $602M | $1.07B | $1.60B | $1.53B |
| Gross Margin % | 71.3% | 73.8% | 72.4% | 71.3% | 73.9% |
| Operating Margin % | -3.7% | 0.48% | 11.8% | 11.6% | 14.2% |
| Net Income | $-19M | $2M | $99M | $144M | $164M |
| Diluted EPS | $-1.70 | $0.19 | $9.10 | $12.73 | $13.89 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Current Ratio | 4.7 | 3.3 | 2.4 | 1.6 | 1.8 |
| Quick Ratio | 3.9 | 2.5 | 1.0 | 0.6 | 0.6 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $1M | $17M | $141M | $178M | $60M |
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Institutional owners (13F) 125 filers · $86.3M 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.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 31 (+4 vs prior Q) | 24 (+7 vs prior Q) | 47 (+10 vs prior Q) | 26 (0 vs prior Q) | +421K |
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 |
|---|---|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | $8,261,052 | 778,610 | 9.57% | Shares |
| Steamboat Capital Partners, LLC | $7,498,076 | 706,699 | 8.69% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $5,758,047 | 542,700 | 6.67% | Call option |
| TWO SIGMA INVESTMENTS, LP | $5,107,452 | 481,381 | 5.92% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $4,738,575 | 446,614 | 5.49% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $4,212,128 | 396,996 | 4.88% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $3,748,163 | 353,267 | 4.34% | Shares |
| AMERICAN CENTURY COMPANIES INC | $3,383,646 | 318,911 | 3.92% | Shares |
| CITADEL ADVISORS LLC | $2,476,374 | 233,400 | 2.87% | Call option |
| AQR CAPITAL MANAGEMENT LLC | $2,434,846 | 229,486 | 2.82% | Shares |
| Peapod Lane Capital LLC | $2,361,531 | 222,576 | 2.74% | Shares |
| Lido Advisors, LLC | $2,337,779 | 220,337 | 2.71% | Shares |
| Trexquant Investment LP | $2,256,577 | 212,684 | 2.61% | Shares |
| GOLDMAN SACHS GROUP INC | $1,915,975 | 180,582 | 2.22% | Shares |
| COMMONS CAPITAL, LLC | $1,590,609 | 149,916 | 1.84% | Shares |
| Quinn Opportunity Partners LLC | $1,348,658 | 127,112 | 1.56% | Shares |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $1,242,198 | 117,078 | 1.44% | Shares |
| RBF Capital, LLC | $1,156,490 | 109,000 | 1.34% | Shares |
| Walleye Trading LLC | $1,145,880 | 108,000 | 1.33% | Call option |
| TWO SIGMA ADVISERS, LP | $1,098,972 | 102,900 | 1.27% | Shares |
| MORGAN STANLEY | $1,082,586 | 102,034 | 1.25% | Shares |
| JANE STREET GROUP, LLC | $1,050,040 | 98,967 | 1.22% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $1,037,962 | 97,758 | 1.20% | Shares |
| JPMORGAN CHASE & CO | $988,562 | 92,389 | 1.15% | Shares |
| Quantinno Capital Management LP | $880,598 | 82,997 | 1.02% | Shares |
| Divisadero Street Capital Management, LP | $847,092 | 79,839 | 0.98% | Shares |
| Virtus Family Office LLC | $838,827 | 79,060 | 0.97% | Shares |
| TUDOR INVESTMENT CORP ET AL | $806,689 | 76,031 | 0.93% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $783,846 | 73,878 | 0.91% | Shares |
| VANGUARD GROUP INC | $716,276 | 67,067 | 0.83% | Shares |
| BANK OF AMERICA CORP /DE/ | $711,295 | 67,040 | 0.82% | Shares |
| CITADEL ADVISORS LLC | $696,016 | 65,600 | 0.81% | Put option |
| VANGUARD FIDUCIARY TRUST CO | $672,006 | 63,337 | 0.78% | Shares |
| Atom Investors LP | $659,083 | 62,119 | 0.76% | Shares |
| CITADEL ADVISORS LLC | $565,555 | 53,304 | 0.66% | Shares |
| STATE STREET CORP | $555,105 | 52,319 | 0.64% | Shares |
| Engineers Gate Manager LP | $528,686 | 49,829 | 0.61% | Shares |
| MILLENNIUM MANAGEMENT LLC | $508,283 | 47,906 | 0.59% | Shares |
| SummerHaven Investment Management, LLC | $507,529 | 47,835 | 0.59% | Shares |
| Centiva Capital, LP | $471,424 | 44,432 | 0.55% | Shares |
| Susquehanna Portfolio Strategies, LLC | $443,254 | 41,777 | 0.51% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $422,278 | 39,800 | 0.49% | Put option |
| VICTORY CAPITAL MANAGEMENT INC | $378,300 | 35,655 | 0.44% | Shares |
| Jain Global LLC | $373,716 | 35,223 | 0.43% | Shares |
| D. E. Shaw & Co., Inc. | $359,424 | 33,876 | 0.42% | Shares |
| PDT Partners, LLC | $347,541 | 32,756 | 0.40% | Shares |
| PEAK6 LLC | $333,154 | 31,400 | 0.39% | Call option |
| XTX Topco Ltd | $325,239 | 30,654 | 0.38% | Shares |
| FEDERATED HERMES, INC. | $321,578 | 30,309 | 0.37% | Shares |
| Marquette Asset Management, LLC | $318,704 | 30,038 | 0.37% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $308,836 | 29,108 | 0.36% | Shares |
| NORTHERN TRUST CORP | $265,749 | 25,047 | 0.31% | Shares |
| Chico Wealth RIA | $222,810 | 21,000 | 0.26% | Shares |
| Point72 Asset Management, L.P. | $222,799 | 20,999 | 0.26% | Shares |
| Squarepoint Ops LLC | $213,685 | 20,140 | 0.25% | Shares |
| State of Wyoming | $197,282 | 18,594 | 0.23% | Shares |
| Walleye Capital LLC | $182,492 | 17,200 | 0.21% | Call option |
| Empowered Funds, LLC | $182,418 | 17,193 | 0.21% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $178,057 | 16,782 | 0.21% | Shares |
| Brevan Howard Capital Management LP | $159,415 | 15,025 | 0.18% | Shares |
| LITTLEJOHN FINANCIAL SERVICES, INC. | $146,779 | 13,834 | 0.17% | Shares |
| Advisors Asset Management, Inc. | $146,334 | 8,305 | 0.17% | Shares |
| Schonfeld Strategic Advisors LLC | $131,212 | 12,367 | 0.15% | Shares |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $114,522 | 10,683 | 0.13% | Shares |
| IEQ CAPITAL, LLC | $113,951 | 10,740 | 0.13% | Shares |
| Verdad Advisers, LP | $108,583 | 10,234 | 0.13% | Shares |
| CWM, LLC | $92,056 | 9,034 | 0.11% | Shares |
| BlackRock, Inc. | $84,678 | 7,981 | 0.10% | Shares |
| Arax Advisory Partners | $79,257 | 7,470 | 0.09% | Shares |
| RHUMBLINE ADVISERS | $68,804 | 6,485 | 0.08% | Shares |
| Tower Research Capital LLC (TRC) | $63,618 | 5,996 | 0.07% | Shares |
| MARSHALL WACE, LLP | $58,025 | 5,469 | 0.07% | Shares |
| Russell Investments Group, Ltd. | $49,782 | 4,692 | 0.06% | Shares |
| Vanguard Global Advisers, LLC | $41,612 | 3,922 | 0.05% | Shares |
| Walleye Trading LLC | $36,074 | 3,400 | 0.04% | Shares |
| AlphaQuest LLC | $22,086 | 2,068 | 0.03% | Shares |
| FMR LLC | $21,995 | 2,073 | 0.03% | Shares |
| WELLS FARGO & COMPANY/MN | $20,859 | 1,966 | 0.02% | Shares |
| Walleye Capital LLC | $16,976 | 1,600 | 0.02% | Put option |
| Walleye Capital LLC | $15,406 | 1,452 | 0.02% | Shares |
| PNC Financial Services Group, Inc. | $13,432 | 1,266 | 0.02% | Shares |
| Integrated Wealth Concepts LLC | $11,289 | 1,064 | 0.01% | Shares |
| GAMMA Investing LLC | $11,056 | 1,042 | 0.01% | Shares |
| CREATIVE FINANCIAL DESIGNS INC /ADV | $10,610 | 1,000 | 0.01% | Shares |
| BARCLAYS PLC | $8,753 | 825 | 0.01% | Shares |
| Jump Financial, LLC | $8,488 | 800 | 0.01% | Shares |
| SIGNATUREFD, LLC | $7,395 | 697 | 0.01% | Shares |
| Pinnacle Wealth Planning Services, Inc. | $6,695 | 631 | 0.01% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $6,124 | 601 | 0.01% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $6,055 | 576 | 0.01% | Shares |
| Allworth Financial LP | $5,550 | 523 | 0.01% | Shares |
| C M BIDWELL & ASSOCIATES LTD | $5,273 | 497 | 0.01% | Shares |
| Nuveen Asset Management, LLC | $5,092 | 289 | 0.01% | Shares |
| IFP Advisors, Inc | $4,658 | 439 | 0.01% | Shares |
| UBS Group AG | $3,639 | 343 | 0.00% | Shares |
| GREAT LAKES ADVISORS, LLC | $3,427 | 323 | 0.00% | Shares |
| Versant Capital Management, Inc | $3,289 | 310 | 0.00% | Shares |
| GILL CAPITAL PARTNERS, LLC | $1,101 | 108 | 0.00% | Shares |
| MJT & Associates Financial Advisory Group, Inc. | $1,061 | 100 | 0.00% | Shares |
| True Wealth Design, LLC | $955 | 90 | 0.00% | Shares |
Company insiders 49 insiders · 21 officers · 26 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Daniel R Chard | Chairman & CEO | May 5, 2022 P | 108,598 | 0 | 0 | $0 |
| Michael S Mcdevitt | Chief Executive Officer | Jan. 5, 2011 S | 340,012 | 0 | 0 | $0 |
| James P. Maloney | Chief Financial Officer | July 20, 2022 F | 2,944 | 0 | 0 | $0 |
| Timothy G Robinson | Chief Financial Officer | Feb. 20, 2020 F | 47,214 | 0 | 0 | $0 |
| Connors Brendan | Chief Financial Officer | Jan. 5, 2011 S | 91,484 | 0 | 0 | $0 |
| Mehrnaz Mona Ameli | President, OPTAVIA | Nov. 17, 2017 F | 10,809 | 0 | 0 | $0 |
| Margaret Macdonald Sheetz | President & COO | April 1, 2016 S | 327,346 | 0 | 0 | $0 |
| Jonathan Barrett Mackenzie | VP, Finance & CAO | March 16, 2022 A | 657 | 0 | 0 | $0 |
| Stephen Kyle Johnson | VP, Finance & CAO | March 17, 2021 A | 665 | 0 | 0 | $0 |
| Joseph P Kelleman | Vice President of Finance | Feb. 20, 2019 A | 2,355 | 0 | 0 | $0 |
| Jason L Groves | Executive VP & General Counsel | Feb. 17, 2015 A | 21,697 | 0 | 0 | $0 |
| Jeanette M. Mills | Executive Vice President | Aug. 18, 2014 S | 20,116 | 0 | 0 | $0 |
| Guy Sheetz | Executive Vice President | Feb. 5, 2014 A | 410,430 | 0 | 0 | $0 |
| Dominick Vietri | Executive Vice President | Feb. 5, 2014 A | 3,804 | 0 | 0 | $0 |
| Brian Lloyd | Executive Vice President | Feb. 5, 2014 A | 1,865 | 0 | 0 | $0 |
| Donald Gould | Executive Vice President | Feb. 5, 2014 A | 6,804 | 0 | 0 | $0 |
| Brian Kagen | Executive Vice President | Feb. 5, 2014 A | 3,804 | 0 | 0 | $0 |
| Jeanne M Uphouse | Executive Vice President | Feb. 5, 2014 A | 3,804 | 0 | 0 | $0 |
| Brazdley T Macdonald | Exec. Chairman of the Board | Jan. 5, 2011 S | 579,521 | 0 | 0 | $0 |
| Leo Williams | Executive Vice President | Nov. 29, 2010 S | 15,000 | 0 | 0 | $0 |
| Robert J Hallock | Corporate Vice President | Nov. 18, 2003 P | 1,000 | 0 | 0 | $0 |
| Jeffrey J Brown | Director | Aug. 9, 2022 P | 3,940 | 0 | 0 | $0 |
| Andrea B Thomas | Director | Aug. 8, 2022 A | 3,014 | 0 | 0 | $0 |
| Ming Xian | Director | Aug. 8, 2022 A | — | 0 | 0 | $0 |
| Michael A. Hoer | Director | Aug. 8, 2022 A | 5,138 | 0 | 0 | $0 |
| Scott Schlackman | Director | Aug. 8, 2022 A | 7,260 | 0 | 0 | $0 |
| Constance J. Hallquist | Director | Aug. 8, 2022 A | 7,882 | 0 | 0 | $0 |
| Kevin G Byrnes | Director | Nov. 11, 2021 M | 14,922 | 0 | 0 | $0 |
| Michael C Macdonald | Director | Oct. 1, 2020 S | 266,179 | 0 | 0 | $0 |
| Carl E Sassano | Director | July 17, 2020 G | 18,199 | 0 | 0 | $0 |
| Charles P Connolly | Director | March 9, 2018 M | 41,374 | 0 | 0 | $0 |
| Welling Glenn W. | Director | Dec. 1, 2017 S | 22,380 | 0 | 0 | $0 |
| Jorgene K. Hartwig | Director | March 13, 2017 M | 9,808 | 0 | 0 | $0 |
| Barry B Bondroff | Director | June 11, 2015 S | 14,533 | 0 | 0 | $0 |
| John P Mcdaniel | Director | June 4, 2015 S | 18,289 | 0 | 0 | $0 |
| Jerry D Reece | Director | Feb. 17, 2015 A | 8,792 | 0 | 0 | $0 |
| Harvey C Barnum JR | Director | Feb. 17, 2015 A | 8,742 | 0 | 0 | $0 |
| Catherine T Maguire | Director | Feb. 17, 2015 A | 15,074 | 0 | 0 | $0 |
| Donald F Reilly | Director | Feb. 17, 2015 A | 0 | 0 | 0 | $0 |
| George Lavin | Director | July 31, 2013 D | 24,785 | 0 | 0 | $0 |
| Joseph D Calderone | Director | March 24, 2009 A | 21,700 | 0 | 0 | $0 |
| Carthy Dennis Mc | Director | March 24, 2009 A | 17,075 | 0 | 0 | $0 |
| Michael J Mcdevitt | Director | Feb. 15, 2007 A | 17,400 | 0 | 0 | $0 |
| VISIUM BALANCED MASTER FUND, LTD. | 10% owner | May 31, 2016 S | 0 | 0 | 0 | $0 |
| Shirley Macdonald | — | May 12, 2010 S | 0 | 0 | 0 | $0 |
| Mary T Travis | — | Dec. 17, 2009 S | 12,583 | 0 | 0 | $0 |
| Richard J Law | — | Aug. 13, 2009 S | 62,081 | 0 | 0 | $0 |
| RNI-NV Limited Partnership | — | Aug. 8, 2005 S | 1,088,830 | 0 | 0 | $0 |
| Scott Zion | — | July 28, 2004 P | 185,000 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 7 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 |
|---|---|---|---|---|---|
| Steamboat Capital Partners, LLC, Parsa Kiai | March 20, 2026 | 6.00% | Initial filing | — | SEC |
| Engaged Capital Flagship Master Fund, LP, Engaged Capital Co-Invest X, LP, Engaged Capital Co-Invest X-A, LP, Engaged Capital Opportunities Fund, LP, Engaged Capital Flagship Fund, LP, Engaged Capital Flagship Fund, Ltd., Engaged Capital, LLC, Engaged Capital Holdings, LLC, Glenn W. Welling ×5 filings | July 15, 2020 | — | Initial filing | — | SEC |
| Engaged Capital Master Feeder II, LP, Engaged Capital Master Feeder I, LP, Engaged Capital I, LP, Engaged Capital I Offshore, Ltd., Engaged Capital II, LP, Engaged Capital II Offshore Ltd., Engaged Capital, LLC, Engaged Capital Holdings, LLC, Glenn W. Welling | June 3, 2016 | — | Initial filing | — | SEC |
| ModusLink Securities Corp., ModusLink Global Solutions, Inc. ×6 filings | Jan. 19, 2016 | — | Initial filing | — | SEC |
| Engaged Capital Master Feeder I, LP, Engaged Capital Master Feeder II, LP, Engaged Capital I, LP, Engaged Capital I Offshore, Ltd., Engaged Capital II, LP, Engaged Capital II Offshore Ltd., Engaged Capital, LLC, Engaged Capital Holdings, LLC, Glenn W. Welling ×4 filings | Sept. 1, 2015 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person | Dec. 12, 2002 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person | May 6, 2002 | — | Initial filing | Passive investment | 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 34 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 |
|---|---|---|---|---|
| VRIG · Invesco Actively Managed Exchange-T… | 0.27% | 5,000,000 | Aug. 8, 2026 | Daily |
| FSCC · Federated Hermes ETF Trust | 0.13% | 28,502 NS | May 31, 2026 | N-PORT |
| JPSE · J.P. Morgan Exchange-Traded Fund Tr… | 0.09% | 48,444 NS | April 30, 2026 | N-PORT |
| FNDA · SCHWAB STRATEGIC TRUST | 0.05% | 377,616 NS | May 31, 2026 | N-PORT |
| SMLF · iShares Trust | 0.03% | 121,862 SH | Aug. 8, 2026 | Daily |
| IWC · iShares Trust | 0.03% | 36,501 SH | Aug. 8, 2026 | Daily |
| SFGV · EA Series Trust | 0.02% | 17,218 NS | May 29, 2026 | N-PORT |
| GSSC · Goldman Sachs ETF Trust | 0.01% | 9,249 NS | May 31, 2026 | N-PORT |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.01% | 232,366 NS | May 31, 2026 | N-PORT |
| VSS · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.01% | 16,856 SH | Aug. 8, 2026 | Daily |
| DFSV · Dimensional ETF Trust | 0.01% | 61,752 NS | April 30, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.01% | 16,693 NS | May 31, 2026 | N-PORT |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.01% | 13,206 SH | Aug. 8, 2026 | Daily |
| FNDB · SCHWAB STRATEGIC TRUST | 0.00% | 4,892 NS | May 31, 2026 | N-PORT |
| RSSL · Global X Funds | 0.00% | 4,682 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.00% | 508 NS | May 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.00% | 37,570 NS | April 30, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.00% | 50,935 NS | May 31, 2026 | N-PORT |
| UWM · ProShares Trust | 0.00% | 397 NS | May 31, 2026 | N-PORT |
| URTY · ProShares Trust | 0.00% | 404 NS | May 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 2,019 NS | April 30, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 384 NS | May 31, 2026 | N-PORT |
| HDG · ProShares Trust | 0.00% | 10 NS | May 31, 2026 | N-PORT |
| AVUS · AMERICAN CENTURY ETF TRUST | 0.00% | 4,578 NS | May 31, 2026 | N-PORT |
| SCHB · SCHWAB STRATEGIC TRUST | 0.00% | 7,873 NS | May 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.00% | 2,079 NS | April 30, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.00% | 5,600 NS | April 30, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.00% | 115,543 SH | Aug. 8, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 318,980 SH | Aug. 8, 2026 | Daily |
| VXUS · VANGUARD STAR FUNDS | 0.00% | 64,351 SH | Aug. 8, 2026 | Daily |
| VGK · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.00% | 9,806 SH | Aug. 8, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.00% | 3,076 SH | Aug. 8, 2026 | Daily |
| VEA · VANGUARD TAX-MANAGED FUNDS | 0.00% | 42,929 SH | Aug. 8, 2026 | Daily |
| VSGX · VANGUARD WORLD FUND | 0.00% | 1,003 SH | Aug. 8, 2026 | Daily |