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D-Wave Quantum Inc. (QBTS)

USD18.67 -1.43 (-7.09%)
CA NYSE Technology Computer Hardware
Address 3033 Beta Avenue V5G 4M9
Palo Alto, BC, CA
CEO Alan E. Baratz
IPO 2020-12-11
CIK 1907982 ISIN US26740W1099

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Also trades on New York Stock Exchange · QBTS (USD) New York Stock Exchange · QBTS-WT (USD)
Description

Operating globally, D-Wave Quantum Inc. specializes in developing and supplying quantum computing systems, software, and related services. Their offerings include Advantage, a pioneering fifth-generation quantum computer, and Launch, an onboarding service designed for quantum computing adoption. The company also provides Ocean, a comprehensive suite of open-source programming tools. Furthermore, Leap is a cloud-based service that enables real-time interaction with a live quantum computer. This service further provides access to Advantage, along with hybrid problem-solving tools, the Ocean Software Development Kit, live code samples, demonstrations, learning resources, and a vibrant developer community. Additionally, D-Wave provides a dedicated "D-Wave Launch" professional service, guiding enterprises from initial problem identification through to production deployment of quantum applications. Their quantum solutions are leveraged across various domains such as artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. They serve industries including manufacturing, logistics, financial services, and life sciences, among others. D-Wave Quantum Inc. is headquartered in Burnaby, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History
Target company Ticker Date Filing
D XPOA 2022-03-15 View
Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD18.67 -1.43 (-7.09%)
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Volume Profile
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Liquidity & share structure
Average Volume
35M
Beta
2.06
Float Shares
356.86M
Free Float %
97.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-4.16% -3.51% +46.21% +8.90% -8.42% -18.09% +99.63% +4,321.05% +119.69% +111.03% +111.03%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (13 ratings, all time) Buy
Price Targets & DCF
Current price
18.67
Low 22.00 +17.9%
Consensus 36.00 +92.9%
Median 38.00 +103.6%
High 45.00 +141.1%
Ratings Trend (MoM) 87% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 12 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month 1
22.00
+17.9%
Last Quarter 1
22.00
+17.9%
Last Year 12
37.17
+99.1%
All Time 16
28.56
+53.0%
Quality scores
Altman Z-Score
59.47
Safe zone
Piotroski F-Score
3 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Computer Hardware: +13.3%
    +178.5% Q1'26: -80.9% (vs Q1'25)
  • EPS growth Computer Hardware: +25.2%
    -48.0% Q1'26: -164.6% (vs Q1'25)
  • FCF margin FCF growth · Computer Hardware: +24.2%
    -1,502.3% Q1'26: -1,611.0% (vs Q1'25)
  • EBIT margin Computer Hardware: +5.6%
    -1,427.8% Q1'26: -1,914.9% (vs Q1'25)
  • ROIC Computer Hardware: +5.3%
    Q1'26: -24.0% (vs Q1'25)
  • Share dilution Computer Hardware: +0.0%
    +67.2% Q1'26: +28.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Computer Hardware: -0.55×
    -0.02× Q1'26: -0.05× (vs Q1'25)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.95) × ERP
WACC = 100% × Ke + 0% × Kd (52.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 18.67
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
10 Rev. Ana.
8 EPS Ana.
Dec 2027
9 Rev. Ana.
8 EPS Ana.
Dec 2028
3 Rev. Ana.
7 EPS Ana.
Dec 2029
4 Rev. Ana.
6 EPS Ana.
Dec 2030
4 Rev. Ana.
6 EPS Ana.
Revenue
7.17M
est: 7.53M (-4.7%)
8.76M
est: 10.12M (-13.4%)
8.83M
est: 8.75M (+0.9%)
24.59M
est: 25.58M (-3.9%)
43.73M
39.07M – 50.11M
+71.0% YoY
85.11M
59.06M – 117.08M
+94.6% YoY
145.90M
110.07M – 197.95M
+71.4% YoY
273.39M
206.26M – 370.92M
+87.4% YoY
442.24M
333.65M – 600.00M
+61.8% YoY
EBITDA
-49.03M
est: -7.53M (-551.2%)
-80.83M
est: -10.12M (-699.1%)
-138.05M
est: -8.75M (-1,477.4%)
-348.74M
est: -25.58M (-1,263.4%)
-43.73M
-50.11M – -39.07M
-71.0% YoY
-85.11M
-117.08M – -59.06M
-94.6% YoY
-145.90M
-197.95M – -110.07M
-71.4% YoY
-273.39M
-370.92M – -206.26M
-87.4% YoY
-442.24M
-600.00M – -333.65M
-61.8% YoY
EBIT
-51.37M
est: -7.53M (-582.2%)
-82.68M
est: -10.12M (-717.3%)
-139.98M
est: -8.75M (-1,499.4%)
-351.05M
est: -25.58M (-1,272.4%)
-43.73M
-50.11M – -39.07M
-71.0% YoY
-85.11M
-117.08M – -59.06M
-94.6% YoY
-145.90M
-197.95M – -110.07M
-71.4% YoY
-273.39M
-370.92M – -206.26M
-87.4% YoY
-442.24M
-600.00M – -333.65M
-61.8% YoY
Net Income
-53.70M
est: -76.77M (+30.0%)
-82.72M
est: -145.83M (+43.3%)
-143.88M
est: -101.50M (-41.8%)
-355.06M
est: -69.20M (-413.1%)
-102.30M
-141.64M – -62.95M
-47.8% YoY
-135.33M
-178.32M – -92.35M
-32.3% YoY
-118.02M
-172.75M – -80.35M
+12.8% YoY
-86.72M
-126.95M – -59.04M
+26.5% YoY
-28.91M
-42.32M – -19.68M
+66.7% YoY
SGA
31.61M
est: 31.67M (-0.2%)
47.29M
est: 42.30M (+11.8%)
47.49M
est: 36.60M (+29.7%)
69.94M
est: 106.97M (-34.6%)
182.87M
163.40M – 209.56M
+71.0% YoY
355.90M
246.98M – 489.60M
+94.6% YoY
610.12M
460.31M – 827.77M
+71.4% YoY
1.14B
862.55M – 1.55B
+87.4% YoY
1.85B
1.40B – 2.51B
+61.8% YoY
EPS
-0.45
est: -0.44 (-1.7%)
-0.60
est: -0.42 (-41.7%)
-0.75
est: -0.32 (-137.3%)
-1.11
est: -0.21 (-427.5%)
-0.32
-0.44 – -0.20
-53.7% YoY
-0.40
-0.56 – -0.29
-22.6% YoY
-0.37
-0.54 – -0.25
+7.3% YoY
-0.27
-0.40 – -0.18
+26.5% YoY
-0.09
-0.13 – -0.06
+66.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 C- 1/5 1/5 1/5 1/5 4/5 1/5 1/5
2026-05-08 C- 1/5 1/5 1/5 1/5 4/5 1/5 1/5
2026-05-07 C- 1/5 1/5 1/5 1/5 4/5 1/5 1/5
2026-05-06 C- 1/5 1/5 1/5 1/5 4/5 1/5 1/5
2026-05-05 C- 1/5 1/5 1/5 1/5 4/5 1/5 1/5
2026-05-04 C- 1/5 1/5 1/5 1/5 4/5 1/5 1/5
2026-05-01 C- 1/5 1/5 1/5 1/5 4/5 1/5 1/5
2026-04-30 C- 1/5 1/5 1/5 1/5 4/5 1/5 1/5
2026-04-29 C- 1/5 1/5 1/5 1/5 4/5 1/5 1/5
2026-04-28 C- 1/5 1/5 1/5 1/5 4/5 1/5 1/5
2026-04-27 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-04-24 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-04-23 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-04-22 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-04-21 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-04-20 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-04-17 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-04-16 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-04-15 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-58.82M
OE per share TTM
-0.18
Owner's Yield
-0.69%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
108.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
204
Total invested
345.58M
Insider transactions (90d)
2
Beneficial owners (>5%)
10
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Public Sector Pension Investment Board 59.43M 53.30% 59.43M 59.43M FI Canada 2023-02-14
2 GOLDMAN SACHS & CO. LLC 9.31M 8.30% 9.31M 9.31M BD, IA, OO 2023-02-14
3 THE GOLDMAN SACHS GROUP, INC. 9.31M 8.30% 9.31M 9.31M HC, CO 2023-02-14
4 BROAD STREET PRINCIPAL INVESTMENTS, L.L.C. 7.23M 6.50% 7.23M 7.23M OO 2023-02-14
5 BRIDGE STREET 2014, L.P. 294.9K 0.30% 294.9K 294.9K PN 2023-02-14
6 2014 EMPLOYEE OFFSHORE AGGREGATOR, L.P. 174.4K 0.20% 174.4K 174.4K PN 2023-02-14
7 BRIDGE STREET OPPORTUNITY ADVISORS, L.L.C. 174.4K 0.20% 174.4K 174.4K OO 2023-02-14
8 STONE STREET 2014 HOLDINGS, L.P. 137.9K 0.10% 137.9K 137.9K PN 2023-02-14
9 MBD 2014, L.P. 97.1K 0.10% 97.1K 97.1K PN 2023-02-14
10 MBD ADVISORS, L.L.C. 97.1K 0.10% 97.1K 97.1K OO 2023-02-14

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
204
-349 vs prev Q
New positions
30
Closed positions
345
Increased
98
Reduced
55
Put/Call ratio
0.21
Calls held
102.6K
Puts held
22.0K
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 MACQUARIE MANAGEMENT HOLDINGS, INC. 778.5K +778.5K (+100.0%) 20.36B +20.4B (+100.0%) 0.23% +0.228 pp 0.03% +0.031 pp USD26.15 +0.0% 1 qtrs NEW
2 VANGUARD GROUP INC 36.91M -1.5M (-4.0%) 965.17M +15.0M (+1.6%) 10.81% -2.252 pp 0.01% 0.000 pp USD15.00 +74.3% 13 qtrs
3 BLACKROCK, INC. 28.20M +2.0M (+7.6%) 737.39M +90.0M (+13.9%) 8.26% -0.641 pp 0.01% +0.001 pp USD11.50 +127.4% 6 qtrs
4 UBS GROUP AG 10.26M -1.8M (-15.1%) 268.39M -30.3M (-10.2%) 3.01% -1.101 pp 0.04% -0.003 pp USD22.12 +18.2% 9 qtrs
5 GEODE CAPITAL MANAGEMENT, LLC 8.39M +866.4K (+11.5%) 220.09M +33.3M (+17.8%) 2.46% -0.099 pp 0.01% +0.002 pp USD11.44 +128.6% 13 qtrs
6 STATE STREET CORP 7.71M +385.8K (+5.3%) 201.54M +20.6M (+11.4%) 2.26% -0.230 pp 0.01% +0.001 pp USD10.20 +156.4% 13 qtrs
7 CITADEL ADVISORS LLC 4.80M +98.8K (+2.1%) 125.48M +9.4M (+8.1%) 1.41% -0.191 pp 0.02% +0.001 pp USD15.51 +68.6% 13 qtrs
8 MAREX GROUP PLC 4.59M +2.0M (+74.9%) 120.10M +54.8M (+83.9%) 1.35% +0.453 pp 0.76% +0.294 pp USD19.57 +33.6% 3 qtrs
9 CLEAR STREET GROUP INC. 4.28M +1.2M (+40.4%) 111.95M +36.6M (+48.6%) 1.25% +0.218 pp 0.42% +0.159 pp USD25.12 +4.1% 2 qtrs
10 GOLDMAN SACHS GROUP INC 3.55M +2.7M (+311.6%) 92.78M +71.5M (+335.6%) 1.04% +0.746 pp 0.01% +0.009 pp USD21.43 +22.0% 14 qtrs
11 BANK OF AMERICA CORP /DE/ 3.52M -1.9M (-34.9%) 91.98M -41.6M (-31.1%) 1.03% -0.806 pp 0.01% -0.002 pp USD12.49 +109.4% 10 qtrs
12 JANE STREET GROUP, LLC 3.44M -572.3K (-14.3%) 90.00M -9.2M (-9.3%) 1.01% -0.355 pp 0.01% -0.002 pp USD14.55 +79.7% 5 qtrs
13 UNICOM SYSTEMS, INC. 3.12M +— (+0.0%) 81.62M +4.5M (+5.8%) 0.91% -0.146 pp 7.98% +0.359 pp USD9.82 +166.3% 5 qtrs
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 3.06M +156.9K (+5.4%) 80.06M +8.3M (+11.5%) 0.90% -0.090 pp 0.01% +0.001 pp USD20.25 +29.1% 13 qtrs
15 NORTHERN TRUST CORP 2.84M +46.0K (+1.6%) 74.21M +5.2M (+7.6%) 0.83% -0.117 pp 0.01% +0.001 pp USD10.58 +147.2% 13 qtrs
16 MORGAN STANLEY 2.55M -3.8M (-59.8%) 66.71M -90.0M (-57.4%) 0.75% -1.407 pp 0.00% -0.006 pp USD15.62 +67.4% 14 qtrs
17 SG AMERICAS SECURITIES, LLC 2.27M +1.7M (+277.2%) 59.41M +44.5M (+299.2%) 0.67% +0.461 pp 0.08% +0.026 pp USD23.10 +13.2% 3 qtrs
18 D. E. SHAW & CO., INC. 2.10M +1.1M (+107.0%) 54.80M +29.8M (+119.1%) 0.61% +0.270 pp 0.03% +0.016 pp USD19.14 +36.6% 4 qtrs
19 TRYBE CAPITAL MANAGEMENT LP 1.94M +1.9M (+100.0%) 50.65M +50.7M (+100.0%) 0.57% +0.567 pp 7.25% +7.253 pp USD26.15 +0.0% 1 qtrs NEW
20 RENAISSANCE TECHNOLOGIES LLC 1.71M -541.2K (-24.0%) 44.78M -10.9M (-19.6%) 0.50% -0.264 pp 0.07% -0.004 pp USD14.64 +78.6% 3 qtrs
21 NUVEEN, LLC 1.67M +340.6K (+25.6%) 43.66M +10.8M (+33.0%) 0.49% +0.038 pp 0.01% +0.003 pp USD14.67 +78.3% 4 qtrs
22 PRICE T ROWE ASSOCIATES INC /MD/ 1.54M -3.0M (-66.3%) 40.37M -72.8M (-64.3%) 0.45% -1.104 pp 0.00% -0.008 pp USD22.60 +15.7% 6 qtrs
23 JPMORGAN CHASE & CO 1.51M -42.4K (-2.7%) 39.47M +1.1M (+2.9%) 0.44% -0.085 pp 0.00% +0.000 pp USD13.97 +87.2% 7 qtrs
24 1.49M +1.5M (+100.0%) 39.12M +39.1M (+100.0%) 0.44% +0.437 pp 1.28% +1.280 pp USD26.15 +0.0% 1 qtrs NEW
25 PENSERRA CAPITAL MANAGEMENT LLC 1.49M -187.1K (-11.2%) 38.97M -2.5M (-6.0%) 0.44% -0.133 pp 0.46% -0.033 pp USD10.24 +155.4% 7 qtrs
26 ALLIANCEBERNSTEIN L.P. 1.49M +1.1M (+317.2%) 38.86M +30.1M (+341.5%) 0.44% +0.314 pp 0.01% +0.010 pp USD22.38 +16.8% 7 qtrs
27 PARALLAX VOLATILITY ADVISERS, L.P. 1.29M +659.9K (+104.7%) 33.73M +18.2M (+116.7%) 0.38% +0.164 pp 0.07% +0.043 pp USD22.32 +17.2% 3 qtrs
28 BANK OF NEW YORK MELLON CORP 1.24M +189.3K (+18.0%) 32.46M +6.5M (+24.9%) 0.36% +0.006 pp 0.01% +0.001 pp USD13.83 +89.1% 11 qtrs
29 QUADRATURE CAPITAL LTD 1.12M +1.1M (+100.0%) 29.31M +29.3M (+100.0%) 0.33% +0.328 pp 0.30% +0.299 pp USD26.15 +0.0% 1 qtrs NEW
30 CANTOR FITZGERALD, L. P. 1.05M +1.1M (+100.0%) 27.46M +27.5M (+100.0%) 0.31% +0.308 pp 0.42% +0.417 pp USD26.15 +0.0% 1 qtrs NEW
31 LORD, ABBETT & CO. LLC 969.7K +212.4K (+28.0%) 25.36M +6.6M (+35.5%) 0.28% +0.027 pp 0.08% +0.022 pp USD22.86 +14.4% 3 qtrs
32 VAN ECK ASSOCIATES CORP 956.0K +384.1K (+67.2%) 25.00M +10.9M (+76.9%) 0.28% +0.086 pp 0.02% +0.008 pp USD24.12 +8.4% 3 qtrs
33 LPL FINANCIAL LLC 944.2K +57.0K (+6.4%) 24.69M +2.8M (+12.6%) 0.28% -0.025 pp 0.01% +0.000 pp USD17.40 +50.3% 6 qtrs
34 FMR LLC 929.6K -379.5K (-29.0%) 24.31M -8.0M (-24.9%) 0.27% -0.172 pp 0.00% 0.000 pp USD23.73 +10.2% 8 qtrs
35 INVESCO LTD. 844.0K +5.9K (+0.7%) 22.07M +1.4M (+6.6%) 0.25% -0.038 pp 0.00% +0.000 pp USD21.72 +20.4% 7 qtrs
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 779.4K +768.3K (+6,916.8%) 20.38M +20.1M (+7,325.7%) 0.23% +0.225 pp 0.00% +0.002 pp USD25.97 +0.7% 12 qtrs
37 MUBADALA INVESTMENT CO PJSC 744.8K +744.8K (+100.0%) 19.48M +19.5M (+100.0%) 0.22% +0.218 pp 0.11% +0.111 pp USD26.15 +0.0% 1 qtrs NEW
38 WALLEYE TRADING LLC 680.8K +226.9K (+50.0%) 17.80M +6.6M (+58.7%) 0.20% +0.045 pp 0.03% +0.008 pp USD16.05 +62.9% 4 qtrs
39 UBS ASSET MANAGEMENT AMERICAS INC 679.0K +44.5K (+7.0%) 17.76M +2.1M (+13.3%) 0.20% -0.017 pp 0.00% +0.000 pp USD12.83 +103.8% 4 qtrs
40 SWISS NATIONAL BANK 667.7K +68.6K (+11.5%) 17.46M +2.7M (+17.9%) 0.20% -0.008 pp 0.01% +0.002 pp USD11.66 +124.3% 4 qtrs
41 QVT FINANCIAL LP 641.5K +616.5K (+2,466.0%) 16.78M +16.2M (+2,615.5%) 0.19% +0.179 pp 1.44% +1.395 pp USD26.09 +0.2% 2 qtrs
42 ERSTE ASSET MANAGEMENT GMBH 601.7K +375.0 (+0.1%) 15.74M +515.8K (+3.4%) 0.18% -0.028 pp 0.13% -0.015 pp USD24.71 +5.8% 2 qtrs
43 WELLS FARGO & COMPANY/MN 585.8K +153.7K (+35.6%) 15.32M +4.6M (+43.5%) 0.17% +0.025 pp 0.00% +0.001 pp USD16.70 +56.6% 13 qtrs
44 EMERALD ADVISERS, LLC 543.3K -4.0K (-0.7%) 14.21M +684.0K (+5.1%) 0.16% -0.027 pp 0.44% +0.004 pp USD14.64 +78.6% 3 qtrs
45 RAYMOND JAMES FINANCIAL INC 540.1K -57.1K (-9.6%) 14.12M -633.8K (-4.3%) 0.16% -0.045 pp 0.00% 0.000 pp USD10.14 +157.9% 5 qtrs
46 BARCLAYS PLC 528.3K +408.2K (+340.1%) 13.81M +13.7M (+11,609.0%) 0.15% +0.114 pp 0.00% +0.003 pp USD22.53 +16.1% 7 qtrs
47 POINT72 ASSET MANAGEMENT, L.P. 505.8K +504.3K (+35,071.1%) 13.23M +13.2M (+37,108.2%) 0.15% +0.148 pp 0.01% +0.015 pp USD26.15 +0.0% 2 qtrs
48 SCULPTOR CAPITAL LP 484.1K +— (+0.0%) 12.66M +697.1K (+5.8%) 0.14% -0.023 pp 0.13% -0.011 pp USD7.67 +240.9% 5 qtrs
49 FOUNDATIONS INVESTMENT ADVISORS, LLC 471.0K +60.1K (+14.6%) 12.32M +2.2M (+21.3%) 0.14% -0.002 pp 0.16% +0.014 pp USD10.61 +146.5% 4 qtrs
50 RHUMBLINE ADVISERS 421.9K -33.2K (-7.3%) 11.03M -212.5K (-1.9%) 0.12% -0.031 pp 0.01% 0.000 pp USD10.71 +144.2% 7 qtrs
51 STIFEL FINANCIAL CORP 400.2K +19.0K (+5.0%) 10.47M +1.0M (+11.1%) 0.12% -0.012 pp 0.01% +0.001 pp USD21.58 +21.2% 4 qtrs
52 CAPITAL FUND MANAGEMENT S.A. 393.5K -64.8K (-14.1%) 10.29M -1.0M (-9.1%) 0.12% -0.040 pp 0.03% -0.001 pp USD24.71 +5.8% 2 qtrs
53 MCGUIRE INVESTMENT GROUP, LLC 390.9K -4.9K (-1.2%) 10.22M +442.8K (+4.5%) 0.11% -0.020 pp 1.09% -0.016 pp USD14.88 +75.7% 4 qtrs
54 SIMPLEX TRADING, LLC 386.1K -63.5K (-14.1%) 10.10M -1.0M (-9.1%) 0.11% -0.040 pp 0.01% +0.000 pp USD22.95 +13.9% 12 qtrs
55 WALLEYE CAPITAL LLC 386.0K +16.2K (+4.4%) 10.09M +956.1K (+10.5%) 0.11% -0.013 pp 0.03% -0.003 pp USD12.62 +107.2% 4 qtrs
56 KRANOT HISHTALMUT LE MORIM VE GANANOT HAVERA MENAHELET LTD 380.4K +380.4K (+100.0%) 9.95M +9.9M (+100.0%) 0.11% +0.111 pp 0.65% +0.649 pp USD26.15 +0.0% 1 qtrs NEW
57 EMERALD MUTUAL FUND ADVISERS TRUST 358.6K +— (+0.0%) 9.38M +516.4K (+5.8%) 0.11% -0.017 pp 0.46% -0.001 pp USD14.87 +75.9% 3 qtrs
58 TWO SIGMA INVESTMENTS, LP 347.3K -698.6K (-66.8%) 9.08M -16.8M (-64.9%) 0.10% -0.254 pp 0.01% -0.026 pp USD19.03 +37.4% 4 qtrs
59 NOMURA HOLDINGS INC 341.9K +341.9K (+100.0%) 8.94M +8.9M (+100.0%) 0.10% +0.100 pp 0.01% +0.012 pp USD26.15 +0.0% 1 qtrs NEW
60 LEGAL & GENERAL GROUP PLC 335.8K +8.7K (+2.7%) 8.78M +698.0K (+8.6%) 0.10% -0.013 pp 0.00% +0.000 pp USD10.31 +153.6% 7 qtrs
61 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 321.0K +29.4K (+10.1%) 8.39M +1.2M (+16.5%) 0.09% -0.005 pp 0.01% +0.001 pp USD11.29 +131.6% 7 qtrs
62 AQR CAPITAL MANAGEMENT LLC 314.2K +111.4K (+55.0%) 8.22M +3.2M (+64.0%) 0.09% +0.023 pp 0.00% +0.001 pp USD15.07 +73.5% 6 qtrs
63 TUDOR INVESTMENT CORP ET AL 313.6K -933.9K (-74.9%) 8.20M -22.6M (-73.4%) 0.09% -0.332 pp 0.02% -0.038 pp USD18.03 +45.0% 3 qtrs
64 ROYAL BANK OF CANADA 299.9K -546.0K (-64.5%) 7.84M -13.1M (-62.5%) 0.09% -0.200 pp 0.00% -0.002 pp USD13.76 +90.0% 14 qtrs
65 DEUTSCHE BANK AG\ 272.9K +24.0K (+9.6%) 7.14M +984.9K (+16.0%) 0.08% -0.005 pp 0.00% +0.000 pp USD12.26 +113.3% 7 qtrs
66 KESTRA ADVISORY SERVICES, LLC 262.2K +71.8K (+37.7%) 6.86M +2.2M (+45.8%) 0.08% +0.012 pp 0.03% +0.007 pp USD22.32 +17.2% 5 qtrs
67 WELLINGTON MANAGEMENT GROUP LLP 259.5K +259.5K (+100.0%) 6.79M +6.8M (+100.0%) 0.08% +0.076 pp 0.00% +0.001 pp USD26.15 +0.0% 1 qtrs NEW
68 ALGERT GLOBAL LLC 256.0K +83.9K (+48.7%) 6.69M +2.4M (+57.4%) 0.08% +0.017 pp 0.10% +0.033 pp USD17.45 +49.9% 4 qtrs
69 ADVISOR GROUP HOLDINGS, INC. 253.7K -31.2K (-11.0%) 6.63M +1.5M (+30.3%) 0.07% -0.023 pp 0.01% +0.003 pp USD13.07 +100.1% 11 qtrs
70 VONTOBEL HOLDING LTD. 253.0K +239.5K (+1,774.1%) 6.62M +6.3M (+1,883.3%) 0.07% +0.070 pp 0.02% +0.020 pp USD26.07 +0.3% 2 qtrs
71 BALYASNY ASSET MANAGEMENT L.P. 251.9K +251.9K (+100.0%) 6.59M +6.6M (+100.0%) 0.07% +0.074 pp 0.01% +0.008 pp USD26.15 +0.0% 1 qtrs NEW
72 BESSEMER GROUP INC 240.2K +239.8K (+64,986.7%) 6.28M +6.3M (+69,677.8%) 0.07% +0.070 pp 0.01% +0.010 pp USD26.15 +0.0% 3 qtrs
73 CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC. 234.4K -35.5K (-13.2%) 6.13M -540.0K (-8.1%) 0.07% -0.023 pp 0.02% -0.002 pp USD16.41 +59.4% 5 qtrs
74 NEUBERGER BERMAN GROUP LLC 230.7K +107.0K (+86.4%) 6.03M +3.0M (+97.3%) 0.07% +0.026 pp 0.00% +0.002 pp USD25.38 +3.0% 2 qtrs
75 GROUP ONE TRADING, L.P. 222.0K +48.3K (+27.8%) 5.81M +1.5M (+35.3%) 0.07% +0.006 pp 0.01% +0.003 pp USD16.48 +58.7% 12 qtrs
76 STATE OF WISCONSIN INVESTMENT BOARD 210.1K -382.0 (-0.2%) 5.49M +293.1K (+5.6%) 0.06% -0.010 pp 0.01% +0.000 pp USD9.14 +186.1% 4 qtrs
77 HEADLANDS TECHNOLOGIES LLC 208.6K +95.0K (+83.6%) 5.45M +2.6M (+94.3%) 0.06% +0.023 pp 0.46% +0.231 pp USD16.05 +62.9% 4 qtrs
78 RUSSELL INVESTMENTS GROUP, LTD. 199.5K +22.0K (+12.4%) 5.22M +831.9K (+19.0%) 0.06% -0.002 pp 0.01% +0.001 pp USD24.60 +6.3% 5 qtrs
79 CETERA INVESTMENT ADVISERS 197.5K -5.2K (-2.6%) 5.16M +154.7K (+3.1%) 0.06% -0.011 pp 0.01% 0.000 pp USD15.08 +73.4% 7 qtrs
80 JANUS HENDERSON GROUP PLC 193.3K +59.7K (+44.6%) 5.06M +1.8M (+53.1%) 0.06% +0.011 pp 0.00% +0.001 pp USD14.90 +75.5% 4 qtrs
81 SBI SECURITIES CO., LTD. 192.1K -7.1K (-3.6%) 5.02M +100.2K (+2.0%) 0.06% -0.011 pp 0.13% +0.003 pp USD9.14 +186.1% 5 qtrs
82 SLT HOLDINGS LLC 191.6K +50.0 (+0.0%) 5.01M +277.1K (+5.9%) 0.06% -0.009 pp 3.22% +0.162 pp USD9.27 +182.1% 4 qtrs
83 METLIFE INVESTMENT MANAGEMENT, LLC 184.6K +4.7K (+2.6%) 4.83M +381.1K (+8.6%) 0.05% -0.007 pp 0.02% +0.002 pp USD11.52 +127.0% 5 qtrs
84 BREVAN HOWARD CAPITAL MANAGEMENT LP 181.5K +97.5K (+116.1%) 4.75M +2.7M (+128.7%) 0.05% +0.025 pp 0.05% +0.043 pp USD25.48 +2.6% 2 qtrs
85 MARINER, LLC 180.6K +55.9K (+44.9%) 4.72M +1.6M (+53.3%) 0.05% +0.011 pp 0.01% +0.002 pp USD17.24 +51.7% 5 qtrs
86 HIGHTOWER ADVISORS, LLC 171.1K +13.7K (+8.7%) 4.47M +586.0K (+15.1%) 0.05% -0.003 pp 0.00% +0.001 pp USD13.21 +98.0% 4 qtrs
87 CREATIVE PLANNING 163.9K +32.3K (+24.5%) 4.28M +1.0M (+31.8%) 0.05% +0.003 pp 0.00% +0.001 pp USD21.94 +19.2% 5 qtrs
88 NORGES BANK 159.0K +159.0K (+100.0%) 4.16M +4.2M (+100.0%) 0.05% +0.047 pp 0.00% +0.000 pp USD26.15 +0.0% 1 qtrs NEW
89 FEDERATED HERMES, INC. 157.5K -26.8K (-14.6%) 4.12M -436.0K (-9.6%) 0.05% -0.017 pp 0.01% -0.001 pp USD24.70 +5.9% 4 qtrs
90 PRUDENTIAL FINANCIAL INC 157.2K +106.4K (+209.2%) 4.11M +2.9M (+227.2%) 0.05% +0.029 pp 0.01% +0.004 pp USD22.01 +18.8% 5 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Ratio by volume
0.00
Bearish
Buys
0
Sells
5
Shares acquired
Shares disposed
52.7K
Cash buys
Cash sales
1.00
Net activity
-52,701
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-04-30 BARATZ ALAN E Director / Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 753,941 0.00 3,318,313 D
2026-04-20 AMES SOPHIE C Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 3,070 21.35 65.5K 643,678 D
2026-04-13 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 4,066 14.25 57.9K 559,608 D
2026-04-13 Markovich John M. Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 8,607 14.25 122.6K 1,442,820 D
2026-04-13 BARATZ ALAN E Director / Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 33,778 14.25 481.3K 2,564,372 D
2026-04-13 AMES SOPHIE C Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 3,180 14.25 45.3K 646,748 D
2026-04-02 BLACK STANLEY T Officer Common Stock, par value $0.0001 per share ("Common Stock") 0 0.00 136,348 D
2026-04-02 AMES SOPHIE C Officer Common Stock, par value $0.0001 per share ("Common Stock") 0 0.00 649,928 D
2026-03-16 Ghai Rohit Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 10,000 17.62 176.2K 27,778 D
2026-03-13 Nguyen Diane Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 2,532 17.63 44.6K 563,674 D
2026-03-13 Markovich John M. Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 10,706 17.63 188.7K 1,451,427 D
2026-03-05 DiLullo John D Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 8,000 18.01 144.1K 19,803 D
2026-02-19 Nguyen Diane Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 28,068 0.00 566,206 D
2026-02-13 Nguyen Diane Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 1,451 19.76 28.7K 538,138 D
2026-01-14 Nguyen Diane Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 4,519 28.06 126.8K 539,589 D
2026-01-14 Markovich John M. Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 9,179 28.06 257.6K 1,462,133 D
2026-01-14 BARATZ ALAN E Director / Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 35,013 28.06 982.5K 2,598,150 D
2026-01-13 Nguyen Diane Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 20,000 28.86 577.2K 544,108 D
2025-12-22 Markovich John M. Officer M-Exempt A Common Stock, par value $0.0001 per share ("Common Stock") 100,000 0.92 92.0K 1,571,312 D
2025-12-22 BARATZ ALAN E Director / Officer M-Exempt A Common Stock, par value $0.0001 per share ("Common Stock") 793,712 0.91 722.3K 3,426,875 D
2025-12-15 Nguyen Diane Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 2,733 23.89 65.3K 563,309 D
2025-12-15 Markovich John M. Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 11,562 23.89 276.3K 1,471,312 D
2025-12-15 Ghai Rohit Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 10,000 24.28 242.8K 37,778 D
2025-12-05 DiLullo John D Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 8,000 27.36 218.9K 27,803 D
2025-12-04 Markovich John M. Officer M-Exempt A Common Stock, par value $0.0001 per share ("Common Stock") 100,000 0.92 92.0K 1,582,874 D
2025-12-03 Nielsen Kirstjen Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 7,000 22.62 158.3K 112,673 D
2025-12-03 Markovich John M. Officer M-Exempt D Stock Option (right to buy) 100,000 0.92 92.0K 407,926 D
2025-11-21 DiLullo John D Director G-Gift D Common Stock, par value $0.0001 per share ("Common Stock") 492 0.00 35,803 D
2025-11-20 Markovich John M. Officer M-Exempt A Common Stock, par value $0.0001 per share ("Common Stock") 200,000 0.92 184.0K 1,682,874 D
2025-11-18 WEST STEVEN M Director P-Purchase A Common Stock, par value $0.0001 per share ("Common Stock") 82 21.89 1.8K 82 I
2025-11-13 Nguyen Diane Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 2,803 23.17 65.0K 566,042 D
2025-11-13 Markovich John M. Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 98,060 23.17 2.27M 1,482,874 D
2025-11-13 BARATZ ALAN E Director / Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 168,102 23.17 3.90M 2,633,163 D
2025-11-11 BARATZ ALAN E Director / Officer M-Exempt A Common Stock, par value $0.0001 per share ("Common Stock") 806,288 0.91 733.7K 3,607,553 D
2025-10-14 Nguyen Diane Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 20,827 43.74 911.0K 588,845 D
2025-10-14 Markovich John M. Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 7,994 43.74 349.7K 1,580,934 D
2025-10-14 BARATZ ALAN E Director / Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 31,369 43.74 1.37M 2,801,265 D
2025-09-15 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 2,501 17.76 44.4K 609,672 D
2025-09-15 Markovich John M. Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 10,583 17.76 188.0K 1,588,928 D
2025-09-15 Ghai Rohit Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 10,000 17.93 179.3K 47,778 D
2025-09-15 DiLullo John D Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 8,000 17.93 143.4K 36,295 D
2025-09-12 Markovich John M. Officer M-Exempt A Common Stock, par value $0.0001 per share ("Common Stock") 50,000 0.92 46.0K 1,649,511 D
2025-09-11 Markovich John M. Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 50,000 16.30 815.0K 1,599,511 D
2025-09-10 Markovich John M. Officer S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 50,000 16.30 815.0K 1,549,511 D
2025-09-05 Markovich John M. Officer M-Exempt D Stock Option (right to buy) 40,758 0.92 37.5K 857,926 D
2025-08-13 WEST STEVEN M Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 25,000 18.18 454.4K 114,018 D
2025-08-13 Nguyen Diane Officer M-Exempt A Common Stock, par value $0.0001 per share ("Common Stock") 9,118 0.91 8.3K 612,754 D
2025-08-12 Markovich John M. Officer M-Exempt A Common Stock, par value $0.0001 per share ("Common Stock") 100,000 0.92 92.0K 1,658,753 D
2025-08-05 WEST STEVEN M Director G-Gift D Common Stock, par value $0.0001 per share ("Common Stock") 108,485 0.00 44,837 D
2025-07-31 Nguyen Diane Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 16,098 0.00 604,061 D
2025-07-21 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 4,066 18.89 76.8K 587,963 D
2025-07-21 Markovich John M. Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 8,607 18.89 162.6K 1,558,753 D
2025-07-21 BARATZ ALAN E Director / Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 33,778 18.89 638.1K 2,832,634 D
2025-06-20 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 2,501 15.71 39.3K 592,029 D
2025-06-20 Markovich John M. Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 10,584 15.71 166.3K 1,567,360 D
2025-06-16 Nielsen Kirstjen Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 13,000 16.04 208.5K 119,673 D
2025-06-16 DiLullo John D Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 15,000 16.40 246.1K 44,295 D
2025-06-13 DiLullo John D Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 22,000 15.12 332.7K 59,295 D
2025-06-12 Nielsen Kirstjen Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 58,644 16.21 950.9K 132,673 D
2025-06-12 Ghai Rohit Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 43,517 16.81 731.3K 57,778 D
2025-06-12 DiLullo John D Director S-Sale D Common Stock, par value $0.0001 per share ("Common Stock") 20,000 16.20 324.1K 81,295 D
2025-06-12 Biscay Roger Director S-Sale D Common Stock, par value $0.0001 per share 106,626 16.85 1.80M 14,260 D
2025-06-05 WEST STEVEN M Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 21,696 0.00 258,018 D
2025-06-05 Nielsen Kirstjen Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 14,260 0.00 191,317 D
2025-06-05 Holt Sharon E Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 14,260 0.00 75,339 D
2025-06-05 Ghai Rohit Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 14,260 0.00 101,295 D
2025-06-05 DiLullo John D Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 14,260 0.00 101,295 D
2025-06-05 Biscay Roger Director A-Award A Common Stock, par value $0.0001 per share 14,260 0.00 120,886 D
2025-05-23 Nguyen Diane Officer M-Exempt D Stock Option (right to buy) 16,592 0.91 15.1K 27,668 D
2025-05-22 Biscay Roger Director S-Sale D Common Stock, par value $0.0001 per share 96,521 17.86 1.72M 106,626 D
2025-05-21 WEST STEVEN M Director M-Exempt A Common Stock, par value $0.0001 per share ("Common Stock") 88,965 0.92 81.8K 325,287 D
2025-05-21 Markovich John M. Officer M-Exempt D Stock Option (right to buy) 502,702 0.92 462.5K 998,684 D
2025-05-21 Biscay Roger Director S-Sale D Common Stock, par value $0.0001 per share 15,675 16.58 259.9K 203,147 D
2025-05-21 BARATZ ALAN E Director / Officer M-Exempt D Stock Option (right to buy) 845,813 0.91 769.7K 2,074,395 D
2025-05-20 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 2,459 13.15 32.3K 534,664 D
2025-05-20 BARATZ ALAN E Director / Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 19,023 13.15 250.2K 2,866,412 D
2025-05-01 BARATZ ALAN E Director / Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 580,117 0.00 2,885,435 D
2025-04-22 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 9,969 6.42 64.0K 537,123 D
2025-04-22 Markovich John M. Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 19,674 6.42 126.3K 1,475,242 D
2025-04-22 BARATZ ALAN E Director / Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 36,890 6.42 236.8K 2,305,318 D
2025-03-06 Nguyen Diane Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 101,721 0.00 547,092 D
2025-03-06 Markovich John M. Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 430,360 0.00 1,494,916 D
2025-02-10 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 2,791 5.99 16.7K 445,371 D
2025-01-23 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 2,383 5.27 12.6K 448,162 D
2025-01-23 Markovich John M. Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 5,582 5.27 29.4K 1,064,556 D
2025-01-23 BARATZ ALAN E Director / Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 8,372 5.27 44.1K 2,342,208 D
2025-01-14 PUBLIC SECTOR PENSION INVESTMENT BOARD 10% Owner S-Sale D Common Stock 9,500,000 4.51 42.87M 20,500,000 D
2025-01-13 PUBLIC SECTOR PENSION INVESTMENT BOARD 10% Owner S-Sale D Common Stock 898,580 4.77 4.29M 36,380,108 D
2025-01-10 PUBLIC SECTOR PENSION INVESTMENT BOARD 10% Owner C-Conversion A Common Stock 40,057,252 0.00 40,057,252 D
2024-12-20 PUBLIC SECTOR PENSION INVESTMENT BOARD 10% Owner S-Sale D Common Stock 1,000,000 6.68 6.68M 0 D
2024-12-12 PUBLIC SECTOR PENSION INVESTMENT BOARD 10% Owner S-Sale D Common Stock 8,437,593 4.21 35.50M 1,000,000 D
2024-12-11 PUBLIC SECTOR PENSION INVESTMENT BOARD 10% Owner S-Sale D Common Stock 872,175 5.01 4.37M 17,858,018 D
2024-12-10 PUBLIC SECTOR PENSION INVESTMENT BOARD 10% Owner S-Sale D Common Stock 643,866 4.87 3.13M 18,730,193 D
2024-12-04 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 2,460 2.76 6.8K 441,722 D
2024-12-04 Markovich John M. Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 86,079 2.76 237.6K 1,070,138 D
2024-12-04 BARATZ ALAN E Director / Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 147,563 2.76 407.3K 2,547,330 D
2024-11-22 Holt Sharon E Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 61,079 0.00 61,079 D
2024-11-01 Ghai Rohit Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 87,035 0.00 87,035 D
2024-11-01 DiLullo John D Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 87,035 0.00 87,035 D
2024-10-28 Ghai Rohit Director 0 0.00 0
2024-10-28 DiLullo John D Director 0 0.00 0
2024-10-21 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 18,360 1.17 21.5K 446,282 D
2024-10-21 Markovich John M. Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 3,044 1.17 3.6K 1,156,217 D
2024-10-21 BARATZ ALAN E Director / Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 7,379 1.17 8.6K 2,694,893 D
2024-08-22 WEST STEVEN M Director G-Gift A Common Stock, par value $0.0001 per share ("Common Stock") 24,659 0.00 129,355 I
2024-08-21 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 2,460 0.93 2.3K 464,642
2024-07-22 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 2,100 1.02 2.1K 467,102
2024-07-22 Markovich John M. Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 3,482 1.02 3.6K 1,159,261
2024-07-22 BARATZ ALAN E Director / Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 7,379 1.02 7.5K 2,702,272
2024-07-12 WEST STEVEN M Director G-Gift A Common Stock, par value $0.0001 per share ("Common Stock") 104,696 0.00 104,696 I
2024-06-27 PUBLIC SECTOR PENSION INVESTMENT BOARD 10% Owner C-Conversion D Exchangeable Shares 1,000,000 0.00 40,057,252
2024-06-13 Michael Emil Director S-Sale D Warrants 2,424,648 11.50 27.88M 0
2024-06-10 Michael Emil Director S-Sale D Warrants 46,053 11.50 529.6K 2,424,648
2024-06-07 Michael Emil Director S-Sale D Warrants 15,665 11.50 180.1K 2,470,701
2024-06-06 WEST STEVEN M Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 106,626 0.00 236,322
2024-06-06 Nielsen Kirstjen Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 106,626 0.00 177,057
2024-06-06 Michael Emil Director S-Sale D Warrants 78,552 11.50 903.3K 2,488,676
2024-06-06 Cappellanti-Wolf Amy L. Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 106,626 0.00 218,822
2024-06-06 Biscay Roger Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 106,626 0.00 218,822
2024-06-05 Michael Emil Director S-Sale D Warrants 41,216 11.50 474.0K 2,567,228
2024-06-04 Michael Emil Director S-Sale D Common Stock 49,910 1.26 62.9K 887,138
2024-06-03 Michael Emil Director S-Sale D Common Stock 25,675 1.35 34.8K 937,048
2024-05-31 Nguyen Diane Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 9,838 1.37 13.5K 459,766
2024-05-31 Michael Emil Director S-Sale D Warrants 8,411 11.50 96.7K 2,700,483
2024-03-27 Nguyen Diane Officer A-Award A Stock Option (right to buy) 100,000 2.10 210.0K 100,000
2024-03-27 Markovich John M. Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 150,000 0.00 1,170,396
2024-03-27 BARATZ ALAN E Director / Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 29,513 1.95 57.6K 2,715,456
2024-01-10 Nielsen Kirstjen Director D Common Stock, par value $0.0001 per share ("Common Stock") 0 0.00 70,431
2024-01-10 Nguyen Diane Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 32,785 0.00 295,590
2024-01-10 Markovich John M. Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 67,168 0.00 1,026,668
2024-01-10 BARATZ ALAN E Director / Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 101,664 0.00 2,439,164
2023-10-30 Markovich John M. Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 115,500 0.66 76.2K 959,500
2023-10-30 Brydon Victoria Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 54,461 0.66 35.9K 291,714
2023-10-30 BARATZ ALAN E Director / Officer F-InKind D Common Stock, par value $0.0001 per share ("Common Stock") 462,500 0.66 305.3K 2,337,500
2023-10-16 Nguyen Diane Officer S-Sale D Common Stock, par value $0.0001 per share 22,855 1.00 22.9K 254,643
2023-08-22 Michael Emil Director J-Other D Warrants 8,000,000 11.50 92.00M 0
2023-08-10 Michael Emil Director J-Other A Common Stock, par value $0.0001 per share 887,048 0.00 999,076
2023-06-28 WEST STEVEN M Director A-Award A Common Stock, par value $0.0001 per share 75,675 0.00 129,696
2023-06-28 Rogers Michael J Director A-Award A Common Stock, par value $0.0001 per share 75,675 0.00 112,196
2023-06-28 Michael Emil Director A-Award A Common Stock, par value $0.0001 per share 75,675 0.00 112,028
2023-06-28 Cappellanti-Wolf Amy L. Director A-Award A Common Stock, par value $0.0001 per share 75,675 0.00 112,196
2023-06-28 Biscay Roger Director A-Award A Common Stock, par value $0.0001 per share 75,675 0.00 112,196
2023-06-15 Michael Emil Director S-Sale D Common Stock, par value $0.0001 per share 29,021 1.86 53.9K 36,353
2023-06-09 Brydon Victoria Officer M-Exempt A Common Stock, par value $0.0001 per share 15,000 0.91 13.7K 347,800
2023-05-01 Nguyen Diane Officer D Stock Option (right to buy) 9,118 0.81 7.4K 0
2023-04-13 Smalley Philip Adam III 0 0.00 0
2023-04-04 Ehrenfeld Ziv 0 0.00 0
2023-03-27 Markovich John M. Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 200,000 0.00 1,075,000
2023-03-27 Brydon Victoria Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 129,210 0.00 332,800
2023-03-27 BARATZ ALAN E Director / Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 300,000 0.00 2,800,000
2022-12-13 GOLDMAN SACHS GROUP INC 10% Owner S-Sale D Warrants 6,366 0.00 0
2022-11-17 WEST STEVEN M Director P-Purchase A Common Stock, par value $0.0001 per share ("Common Stock") 25,000 2.55 63.8K 54,021
2022-10-27 WEST STEVEN M Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 29,021 0.00 29,021
2022-10-27 Rogers Michael J Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 36,521 0.00 36,521
2022-10-27 Michael Emil Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 29,021 0.00 65,374
2022-10-27 Markovich John M. Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 875,000 0.00 875,000
2022-10-27 Cappellanti-Wolf Amy L. Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 36,521 0.00 36,521
2022-10-27 Brydon Victoria Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 203,590 0.00 203,590
2022-10-27 Biscay Roger Director A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 36,521 0.00 36,521
2022-10-27 BARATZ ALAN E Officer A-Award A Common Stock, par value $0.0001 per share ("Common Stock") 2,500,000 0.00 2,500,000
2022-09-05 Michael Emil Director I Warrants 11,633,061 11.50 133.78M 0
2022-09-05 CDPM Sponsor Group, LLC 10% Owner D Warrants 11,633,061 11.50 133.78M 0
2022-09-02 GOLDMAN SACHS GROUP INC 10% Owner P-Purchase A Common Stock, par value $0.0001 per share 222 6.13 1.4K 7,939,776
2022-08-31 GOLDMAN SACHS GROUP INC 10% Owner S-Sale D Common Stock, par value $0.0001 per share 64 6.68 427.52 7,939,146
2022-08-24 GOLDMAN SACHS GROUP INC 10% Owner S-Sale D Common Stock, par value $0.0001 per share 14 8.88 124.32 7,939,132
2022-08-23 GOLDMAN SACHS GROUP INC 10% Owner S-Sale D Common Stock, par value $0.0001 per share 100 8.05 805.00 7,939,146
2022-08-19 GOLDMAN SACHS GROUP INC 10% Owner S-Sale D Common Stock, par value $0.0001 per share 29 8.95 259.55 7,939,146
2022-08-18 Brydon Victoria Officer A-Award A Stock Option (right to buy) 120,000 0.00 120,000
2022-08-16 GOLDMAN SACHS GROUP INC 10% Owner P-Purchase A Common Stock, par value $0.0001 per share 100 10.45 1.0K 7,939,146
2022-08-12 GOLDMAN SACHS GROUP INC 10% Owner S-Sale D Common Stock, par value $0.0001 per share 13 11.36 147.68 7,939,122
2022-08-11 GOLDMAN SACHS GROUP INC 10% Owner P-Purchase A Common Stock, par value $0.0001 per share 54 11.79 636.66 7,939,200
2022-08-10 GOLDMAN SACHS GROUP INC 10% Owner S-Sale D Common Stock, par value $0.0001 per share 500 12.00 6.0K 7,939,146
2022-08-05 van Gelderen Eduard Director 0 0.00 0
2022-08-05 WEST STEVEN M Director D Stock Option (right to buy) 223,009 0.81 180.6K 0
2022-08-05 Rothe Tanya J. Officer D Stock Option (right to buy) 553,381 0.81 448.2K 0
2022-08-05 Rogers Michael J Director 0 0.00 0
2022-08-05 PUBLIC SECTOR PENSION INVESTMENT BOARD 10% Owner D Exchangeable Shares 41,057,252 0.00 0
2022-08-05 Michael Emil Director I Common Stock, par value $0.0001 per share ("Common Stock") 0 0.00 2,768,075
2022-08-05 Markovich John M. Officer D Stock Option (right to buy) 1,501,386 0.82 1.23M 0
2022-08-05 Houston Jennifer S. Officer D Stock Option (right to buy) 186,827 0.82 153.2K 0
2022-08-05 GOLDMAN SACHS GROUP INC 10% Owner I Common Stock, par value $0.0001 per share 0 0.00 7,939,146
2022-08-05 Cappellanti-Wolf Amy L. Director 0 0.00 0
2022-08-05 CDPM Sponsor Group, LLC 10% Owner D Common Stock, par value $0.0001 per share ("Common Stock") 0 0.00 2,768,075
2022-08-05 Brydon Victoria Officer D Stock Option (right to buy) 265,595 0.81 215.1K 0
2022-08-05 Biscay Roger Director 0 0.00 0
2022-08-05 BARATZ ALAN E Director / Officer D Stock Option (right to buy) 2,920,207 0.81 2.37M 0

Executive team

Top executives
EBIT / Employee
-16.3K
Shares Outstanding
367.25M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2024 Alan E. Baratz President & Chief Executive Officer, Director 575.0K 630.0K 517.5K 1.72M 36.57%
2 2024 John M. Markovich Chief Financial Officer 430.0K 315.0K 283.4K 1.03M 30.63%
3 2024 Diane Nguyen General Counsel 310.0K 378.0K 162.0K 151.8K 1.00M 53.90%
4 2023 Alan E. Baratz President & Chief Executive Officer, Director 575.0K 153.9K 316.3K 1.05M 14.73%
5 2023 John M. Markovich Chief Financial Officer 400.0K 102.6K 179.2K 681.8K 15.05%
6 2023 Diane Nguyen General Counsel 255.0K 43.8K 86.4K 385.2K 11.37%
7 2022 Alan E. Baratz President & Chief Executive Officer, Director 491.7K 10.05M 273.3K 1.3K 10.82M 92.91%
8 2022 John M. Markovich Chief Financial Officer 350.0K 3.52M 144.0K 51.00 4.01M 87.68%
9 2022 Victoria Brydon Senior Vice President, People and Operational Excellence 191.5K 818.4K 537.6K 60.9K 122.00 1.61M 84.30%
10 2021 John M. Markovich Chief Financial Officer 118.8K 5.16M 30.3K 5.31M 97.19%
11 2021 Alan E. Baratz President & Chief Executive Officer, Director 450.0K 144.0K 1.3K 595.3K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-23 DEFA14A
2026-04-23 DEFA14A
2026-04-23 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-05 8-K
2026-05-04 8-K
2026-05-04 4
2026-04-29 SC 13G
2026-04-29 SC 13G
2026-04-29 8-K
2026-04-23 DEFA14A
2026-04-23 DEFA14A
2026-04-23 DEF 14A
2026-04-23 ARS

Executive team

NameTitleCompensationGender
Alan E. Baratz President, Chief Executive Officer & Director 1M
John Markovich Executive VP & CFO 779.3K male
Diane Nguyen Executive Vice President, Chief Legal Officer & General Counsel 571.6K female
Kevin Hunt Senior Director of Investor Relations male
Lorenzo Martinelli Chief Revenue Officer male
Michelle Maggs Senior Vice President of Marketing female
Sophie Ames Executive VP & Chief Human Resources Officer female
Stan Black CISSP Chief Information Security Officer male
Stanley T. Black CISSP Executive VP & Chief Information Security Officer male
Trevor Lanting Chief Development Officer male
Allison Schwartz Senior Vice President of Global Government Relations & Public Affairs female
Eric Ladizinsky Co-Founder & Chief Scientist male
ESG Rating
B
COMPUTER HARDWARE
Rank: 12 out of 38
2025
E (Environmental)
58.3 / 65.3
Company / Sector avg.
S (Social)
65.4 / 67.1
Company / Sector avg.
G (Governance)
60.1 / 63.9
Company / Sector avg.
ESG Total
61.3 / 65.4
Company / Sector avg.
ESG Score History COMPUTER HARDWARE
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits