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AMK

AMK - Assetmark Financial Holdings Inc Stock Price, Fair Value and News

34.35USD+0.02 (+0.06%)Market Closed

Market Summary

AMK
USD34.35+0.02
Market Closed
0.06%

AMK Alerts

  • 6 major insider sales recently.

AMK Stock Price

View Fullscreen

AMK RSI Chart

AMK Valuation

Market Cap

2.6B

Price/Earnings (Trailing)

17.76

Price/Sales (Trailing)

3.52

EV/EBITDA

10.03

Price/Free Cashflow

14.26

AMK Price/Sales (Trailing)

AMK Profitability

EBT Margin

26.64%

Return on Equity

10.99%

Return on Assets

8.68%

Free Cashflow Yield

7.01%

AMK Fundamentals

AMK Revenue

Revenue (TTM)

725.3M

Rev. Growth (Yr)

11.73%

Rev. Growth (Qtr)

17.95%

AMK Earnings

Earnings (TTM)

143.9M

Earnings Growth (Yr)

120.44%

Earnings Growth (Qtr)

9.61%

Breaking Down AMK Revenue

Last 7 days

-0.9%

Last 30 days

0.2%

Last 90 days

-1.1%

Trailing 12 Months

8.6%

How does AMK drawdown profile look like?

AMK Financial Health

Current Ratio

4.65

Debt/Equity

0.07

Debt/Cashflow

1.96

AMK Investor Care

Shares Dilution (1Y)

0.64%

Diluted EPS (TTM)

1.92

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024725.3M000
2023633.7M665.7M701.6M705.4M
2022559.6M582.8M597.8M611.7M
2021436.2M465.1M497.6M530.3M
2020440.5M435.2M432.2M432.1M
2019371.4M387.1M404.3M417.9M
20180318.2M340.9M363.6M
2017000295.5M

Tracking the Latest Insider Buys and Sells of Assetmark Financial Holdings Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 10, 2024
mehta mukesh
sold
-305,461
34.3988
-8,880
evp, chief information officer
Jun 10, 2024
minta-jacobs esi
sold
-86,998
34.4003
-2,529
hr & digital product solutions
Jun 10, 2024
kim michael
sold
-324,893
34.3984
-9,445
ceo and president
Jun 10, 2024
hansen carrie e.
sold
-365,025
34.4006
-10,611
evp, chief operating officer
Jun 10, 2024
mcnatt joel david jr
sold
-181,203
34.4034
-5,267
evp, investment solutions
Jun 10, 2024
zyla gary g.
sold
-267,817
34.3972
-7,786
evp, chief financial officer
Jun 10, 2024
angus ted f.
sold
-331,406
34.3997
-9,634
evp, general counsel
Mar 04, 2024
kim michael
sold
-416,285
35.18
-11,833
ceo and president
Dec 06, 2023
hansen carrie e.
sold
-301,070
26.18
-11,500
evp, chief operating officer
Nov 17, 2023
mcnatt joel david jr
sold
-100,680
25.17
-4,000
evp, investment solutions

1–10 of 50

Which funds bought or sold AMK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 19, 2024
NISA INVESTMENT ADVISORS, LLC
new
-
207
207
-%
Jul 19, 2024
Venturi Wealth Management, LLC
sold off
-100
-1,169
-
-%
Jul 17, 2024
Householder Group Estate & Retirement Specialist, LLC
unchanged
-
-705
17,000
-%
Jul 17, 2024
Yarbrough Capital, LLC
unchanged
-
-10,441
419,472
0.02%
Jul 16, 2024
SJS Investment Consulting Inc.
unchanged
-
-13.00
519
-%
Jul 15, 2024
JFS WEALTH ADVISORS, LLC
unchanged
-
-36.00
1,452
-%
Jul 12, 2024
SG Americas Securities, LLC
added
1,613
2,729,000
2,903,000
0.02%
Jul 12, 2024
Seneca House Advisors
unchanged
-
-212,300
8,529,010
3.70%
Jul 12, 2024
Financial Management Professionals, Inc.
new
-
52,000
52,000
0.01%
Jul 10, 2024
CWM, LLC
added
60.34
4,000
10,000
-%

1–10 of 49

Are Funds Buying or Selling AMK?

Are funds buying AMK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AMK
No. of Funds

Recent SEC filings of Assetmark Financial Holdings Inc

View All Filings
Date Filed Form Type Document
Jul 18, 2024
8-K
Current Report
Jun 20, 2024
8-K
Current Report
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 03, 2024
DEFM14C
DEFM14C

Peers (Alternatives to Assetmark Financial Holdings Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
123.5B
18.3B
6.03% 10.66%
20.86
6.73
5.32% 20.80%
99.1B
10.3B
12.84% 28.99%
46.04
9.6
116.39% 249.10%
47.5B
22.8B
6.85% 37.41%
14.22
2.08
107.23% 19.99%
45.6B
3.5B
9.10% 44.15%
109.26
12.94
11.80% 101.41%
12.4B
8.1B
4.91% -20.63%
13.76
1.53
2.98% 5.84%
MID-CAP
7.3B
5.8B
9.68% -9.49%
-21.62
1.26
-1.10% -153.42%
4.9B
2.0B
9.74% 3.49%
7.18
2.42
-8.91% -39.33%
4.1B
486.3M
15.42% 25.03%
32.34
8.49
-9.75% -22.27%
3.9B
-
1.32% -0.09%
14.22
-
- 7.16%
3.4B
1.0B
3.77% -0.78%
14.65
3.37
6.21% 20.27%
2.6B
725.3M
0.17% 8.60%
17.76
3.52
14.46% 46.40%
SMALL-CAP
1.1B
250.6M
20.40% -16.03%
-440.18
4.47
18.02% -111.57%
935.0M
440.5M
12.75% -
13.67
2.12
11.01% -22.97%
16.9M
770.8M
1.02% -47.55%
-3.89
0.02
10.81% -208.39%
709.6K
26.0M
-2.36% -9.43%
0.02
0.03
73.17% 323.95%

Assetmark Financial Holdings Inc News

Latest updates
MarketBeat31 hours ago
StockTitan10 Jul 202407:00 am
GlobeNewswire04 Jun 202403:40 pm

Assetmark Financial Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue17.9%19016119118317015815515114814414012811911110799.0011511111010492.00
Costs and Expenses---------------105101111-10494.0082.00
Operating Expenses22.0%139114137137124119116116118122117107135107105101111----
  S&GA Expenses7.0%27.0026.0023.0024.0026.0024.0022.0022.0022.0020.0019.0016.0017.0014.0016.0013.0019.0017.0016.0013.0012.00
EBITDA Margin9.7%0.33*0.30*0.28*0.27*0.27*0.29*0.26*0.25*0.23*0.16*0.14*0.10*---------
Interest Expenses-1.1%2.002.002.002.002.002.002.001.001.001.001.001.001.001.001.001.002.002.003.004.004.00
Income Taxes5.0%12.0011.0015.0012.007.0011.007.008.007.008.009.0010.00-8.1311.00-7.716.00-0.934.005.003.003.00
Earnings Before Taxes8.5%50.0046.0053.0045.0024.0037.0037.0033.0029.0020.0022.0020.00-17.041.001.00-3.472.001.001.007.006.00
EBT Margin12.2%0.27*0.24*0.22*0.21*0.21*0.22*0.20*0.18*0.16*0.08*0.05*0.01*---------
Net Income9.6%38.0035.0038.0033.0017.0026.0030.0025.0022.0012.0012.0010.00-8.92-9.869.00-9.283.00-2.74-3.733.003.00
Net Income Margin13.6%0.20*0.17*0.16*0.16*0.15*0.17*0.15*0.12*0.10*0.05*0.01*0.00*---------
Free Cashflow242.1%46.0014.0053.0066.0039.0043.0040.0029.0025.0034.0040.0038.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22018Q4
Assets2.2%1,6571,6211,6051,5641,5081,5031,4671,4341,4031,3831,3611,3341,2351,2241,2611,2371,2341,1891,1661,1511,147
  Current Assets10.6%32229127924019018720017614913410923813812316013312613310993.00127
    Cash Equivalents13.8%24821821517312312313711799.0077.0050.0018076.0071.0010994.0080.0096.0083.0065.00105
  Net PPE5.0%9.009.008.008.008.008.007.008.008.008.008.008.008.007.007.007.007.007.007.007.007.00
  Goodwill0%488488487487487487437437437448441109339339339339339327325325298
Liabilities-1.7%347353378379361377370370368374370388306319360358359330318436448
  Current Liabilities-8.7%69.0076.0093.0094.0075.0074.0054.0053.0049.0059.0049.0040.0034.0046.0039.0035.0035.0042.0039.0036.0049.00
  Long Term Debt0.0%94.0094.0094.0093.0093.0011211411511711511515075.0075.00122122122122122242243
    LT Debt, Non Current0.0%94.0094.0094.0093.0093.0011211411511711511515075.0075.00122122122122122242243
Shareholder's Equity3.3%1,3101,2671,2271,1841,1471,1261,0971,0631,0351,009991946930905901879875859848716699
  Retained Earnings12.4%34530727223420118415812810280.0068.0056.0046.0055.0064.0056.0065.0062.0065.0069.0064.00
  Additional Paid-In Capital0.4%965961955951947943939935932929924891884850837824810796782647635
Shares Outstanding0.0%74.0074.0074.0074.0074.0074.0074.0074.0074.0072.0073.0071.00---------
Float----653---400---500---500-----
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations211.0%47,41515,24553,94966,35339,12644,70240,33129,84625,42235,07640,61638,62814,65722,54824,89520,2559,24922,51725,0584,7392,769
  Share Based Compensation1.0%4,1684,1264,2884,1523,8223,7803,9233,0313,1425,5587,9756,67633,42813,79612,91913,93413,18814,10911,6415,2265,226
Cashflow From Investing-37.7%-17,469-12,685-12,013-16,003-13,932-57,076-18,095-10,464-9,357-7,818-134,018-9,703-9,445-8,487-8,722-6,832-25,929-7,770-5,556-41,568-5,020
Cashflow From Financing-100.0%-1,366---25,000-1,562-1,563-1,5625,9451.00-34,906---50,886----142-790-625-625
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AMK Income Statement

2024-03-31
Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:  
Total revenue$ 190,266$ 170,298
Operating expenses:  
Asset-based expenses44,85337,434
Spread-based expenses389293
Employee compensation50,00746,911
General and operating expenses27,32425,689
Professional fees6,0815,393
Depreciation and amortization9,9228,428
Total operating expenses138,576124,148
Interest expense2,2942,347
Other (income) expense, net(332)19,865
Income before income taxes49,72823,938
Provision for income taxes11,7646,716
Net income37,96417,222
Net comprehensive income$ 37,964$ 17,222
Net income per share attributable to common stockholders:  
Basic (in dollars per share)$ 0.51$ 0.23
Diluted (in dollars per share)$ 0.50$ 0.23
Weighted average number of common shares outstanding, basic (shares)74,383,26573,890,162
Weighted average number of common shares outstanding, diluted (shares)75,269,62674,370,353
Asset-based revenue  
Revenue:  
Total revenue$ 149,984$ 131,039
Spread-based revenue  
Revenue:  
Total revenue30,09331,999
Subscription-based revenue  
Revenue:  
Total revenue4,2523,544
Other revenue  
Revenue:  
Total revenue$ 5,937$ 3,716

AMK Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 247,626$ 217,680
Restricted cash15,00015,000
Investments, at fair value20,57318,003
Fees and other receivables, net23,16421,345
Income tax receivable, net01,890
Prepaid expenses and other current assets15,73017,193
Total current assets322,093291,111
Property, plant and equipment, net9,2018,765
Capitalized software, net113,123108,955
Other intangible assets, net681,519684,142
Operating lease right-of-use assets19,24420,408
Goodwill487,909487,909
Other assets23,73719,273
Total assets1,656,8261,620,563
Current liabilities:  
Accounts payable278288
Accrued liabilities and other current liabilities60,43075,554
Income tax payable, net8,5390
Total current liabilities69,24775,842
Long-term debt, net93,56793,543
Other long-term liabilities20,54118,429
Long-term portion of operating lease liabilities24,88526,295
Deferred income tax liabilities, net139,072139,072
Total long-term liabilities278,065277,339
Total liabilities347,312353,181
Stockholders’ equity:  
Common stock, $0.001 par value (675,000,000 shares authorized and 74,399,237 and 74,372,889 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively)7474
Additional paid-in capital964,868960,700
Retained earnings344,586306,622
Accumulated other comprehensive loss(14)(14)
Total stockholders’ equity1,309,5141,267,382
Total liabilities and stockholders’ equity$ 1,656,826$ 1,620,563
AMK
AssetMark Financial Holdings, Inc. provides wealth management and technology solutions in the United States. The company offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology to the financial adviser channel. It also provides integrated technology platform for advisers for accessing a range of automated processes, including new account opening, portfolio construction, streamlined financial planning, customer billing, investor reporting, progress to goal analysis, and client activity tracking; advisory services; and curated investment platform. In addition, the company provides SaaS-based financial planning, wellness, and client digital engagement solutions. Further, it offers mutual funds; custodial recordkeeping services primarily to investor clients of registered investment advisers; and wealth management solutions for individual investors. The company serves independent advisers who provide wealth management advice to the U.S. investors and advisers. AssetMark Financial Holdings, Inc. was founded in 1996 and is headquartered in Concord, California. AssetMark Financial Holdings, Inc. operates as a subsidiary of Huatai International Investment Holdings Limited.
 CEO
 WEBSITEassetmark.com
 INDUSTRYAsset Management
 EMPLOYEES1000

Assetmark Financial Holdings Inc Frequently Asked Questions


What is the ticker symbol for Assetmark Financial Holdings Inc? What does AMK stand for in stocks?

AMK is the stock ticker symbol of Assetmark Financial Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Assetmark Financial Holdings Inc (AMK)?

As of Fri Jul 19 2024, market cap of Assetmark Financial Holdings Inc is 2.56 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AMK stock?

You can check AMK's fair value in chart for subscribers.

What is the fair value of AMK stock?

You can check AMK's fair value in chart for subscribers. The fair value of Assetmark Financial Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Assetmark Financial Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AMK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Assetmark Financial Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether AMK is over valued or under valued. Whether Assetmark Financial Holdings Inc is cheap or expensive depends on the assumptions which impact Assetmark Financial Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AMK.

What is Assetmark Financial Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jul 19 2024, AMK's PE ratio (Price to Earnings) is 17.76 and Price to Sales (PS) ratio is 3.52. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AMK PE ratio will change depending on the future growth rate expectations of investors.