Last 7 days
0.3%
Last 30 days
-5%
Last 90 days
-6.7%
Trailing 12 Months
33.1%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-06-14 | Angus Ted F. | sold | -204,582 | 28.16 | -7,265 | evp, general counsel |
2023-06-09 | Zyla Gary G. | sold | -25,316 | 29.61 | -855 | evp, chief financial officer |
2023-06-09 | Wolfsen Natalie Grace | sold | -39,914 | 29.61 | -1,348 | evp, chief executive officer |
2023-06-09 | Mehta Mukesh | sold | -25,316 | 29.61 | -855 | evp, chief information officer |
2023-06-09 | Minta-Jacobs Esi | sold | -8,883 | 29.61 | -300 | evp, hr & project management |
2023-06-09 | Angus Ted F. | sold | -25,316 | 29.61 | -855 | evp, general counsel |
2023-06-09 | Kim Michael | sold | -39,914 | 29.61 | -1,348 | president & cco |
2023-06-09 | McNatt Joel David JR | sold | -8,883 | 29.61 | -300 | evp, investment solutions |
2023-06-09 | Hansen Carrie E. | sold | -25,316 | 29.61 | -855 | evp, chief operating officer |
2023-06-08 | Bhagat Rohit | acquired | - | - | 4,478 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-08-25 | Yarbrough Capital, LLC | unchanged | - | -21,732 | 360,102 | 0.02% |
2023-08-24 | Alberta Investment Management Corp | new | - | 550,341 | 550,341 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 0.19 | -90,903 | 1,558,370 | 0.01% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -46.59 | -7,769 | 7,887 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 9.45 | 27,819 | 891,876 | -% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -30.98 | -3,862,850 | 7,204,150 | -% |
2023-08-15 | Belpointe Asset Management LLC | sold off | -100 | -2,642 | - | -% |
2023-08-15 | WELLS FARGO & COMPANY/MN | added | 199 | 231,282 | 358,026 | -% |
2023-08-15 | ZACKS INVESTMENT MANAGEMENT | added | 73.06 | 493,048 | 1,273,010 | 0.01% |
2023-08-15 | GOLDMAN SACHS GROUP INC | added | 9.5 | 81,289 | 2,566,150 | -% |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 08, 2023 | 8-K | Current Report | |
Aug 11, 2023 | 13F-NT | 13F-NT | |
Aug 04, 2023 | 10-Q | Quarterly Report | |
Aug 02, 2023 | 8-K | Current Report | |
Jun 15, 2023 | 4 | Insider Trading | |
Jun 14, 2023 | 144 | Notice of Insider Sale Intent | |
Jun 12, 2023 | 4 | Insider Trading | |
Jun 12, 2023 | 4 | Insider Trading | |
Jun 12, 2023 | 4 | Insider Trading | |
Jun 12, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMP | - | 15.0B | 4.46% | 25.33% | - | - | 9.38% | -23.22% |
BX | 82.1B | 7.0B | 16.61% | 23.29% | 65.86 | 11.8 | -60.78% | -68.72% |
KKR | 54.4B | 11.1B | 5.37% | 28.86% | 44.33 | 4.88 | 13.00% | 26.39% |
BEN | 13.1B | 7.8B | -0.11% | 7.03% | 15.96 | 1.68 | -8.39% | -52.46% |
MID-CAP | ||||||||
AMG | 4.8B | 2.1B | 2.40% | 8.02% | 4.21 | 2.26 | -13.32% | 104.61% |
AMK | 2.0B | 678.6M | -5.00% | 33.05% | 18.66 | 2.91 | 16.44% | 46.62% |
IVZ | 7.8B | 5.8B | 0.26% | -8.33% | 11.43 | 1.29 | -13.83% | -40.28% |
HLI | 7.0B | 1.8B | 8.38% | 32.76% | 28.41 | 3.85 | 48.44% | -13.75% |
EVR | 5.5B | 2.5B | 8.31% | 58.63% | 16.04 | 2.21 | -24.58% | -51.56% |
JHG | 4.6B | 2.0B | 6.91% | 17.02% | 12.3 | 2.25 | -20.30% | -29.01% |
LAZ | 2.9B | 2.7B | -1.52% | -9.83% | 1.5K | 1.08 | -13.59% | -99.63% |
SMALL-CAP | ||||||||
DHIL | 480.9M | 140.6M | -5.53% | -3.59% | 9.81 | 3.42 | -21.64% | -14.24% |
VALU | 461.6M | 39.5M | -4.73% | -27.05% | 25.55 | 11.63 | -2.01% | -17.48% |
SCU | 295.9M | 391.0M | 4.91% | 25.53% | -18.54 | 0.76 | -32.74% | -176.48% |
5.9%
59.1%
40%
22.3%
Y-axis is the maximum loss one would have experienced if AssetMark Financial Holdings was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 5.0% | 679 | 647 | 618 | 598 | 583 | 560 | 530 | 498 | 465 | 436 | 432 | 432 | 435 | 441 | 418 | 404 | 387 | 371 | 364 | 363 | 355 |
Operating Expenses | 4.2% | 508 | 488 | 475 | 472 | 473 | 464 | 482 | 466 | 454 | 448 | 425 | 423 | 425 | 446 | 388 | - | - | - | 307 | - | - |
S&GA Expenses | 2.3% | 96.00 | 94.00 | 90.00 | 86.00 | 83.00 | 78.00 | 73.00 | 66.00 | 64.00 | 61.00 | 62.00 | 65.00 | 65.00 | 65.00 | 58.00 | 54.00 | 50.00 | 47.00 | 45.00 | 44.00 | 42.00 |
EBITDA | -100.0% | - | 171 | 174 | 157 | 143 | 131 | 86.00 | 69.00 | 46.00 | 22.00 | 41.00 | 41.00 | 41.00 | 52.00 | 58.00 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.26* | 0.28* | 0.26* | 0.25* | 0.23* | 0.16* | 0.14* | 0.10* | 0.05* | 0.09* | 0.09* | 0.09* | 0.12* | 0.14* | - | - | - | - | - | - |
Interest Expenses | 8.4% | 8.00 | 8.00 | 7.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 6.00 | 6.00 | 7.00 | 10.00 | 12.00 | 14.00 | 16.00 | 16.00 | 2.00 | - | - |
Earnings Before Taxes | 8.5% | 143 | 131 | 137 | 120 | 105 | 91.00 | 45.00 | 26.00 | 5.00 | -18.62 | 0.00 | 0.00 | 0.00 | 10.00 | 15.00 | 26.00 | 40.00 | 47.00 | 55.00 | 58.00 | 54.00 |
EBT Margin | -100.0% | - | 0.20* | 0.22* | 0.20* | 0.18* | 0.16* | 0.08* | 0.05* | 0.01* | -0.04* | 0.00* | 0.00* | 0.00* | 0.02* | 0.04* | - | - | - | - | - | - |
Net Income | 7.7% | 106 | 98.00 | 103 | 90.00 | 72.00 | 57.00 | 26.00 | 3.00 | -0.20 | -19.46 | -7.81 | -0.69 | -13.01 | -0.49 | -0.42 | 10.00 | 24.00 | 30.00 | 37.00 | 39.00 | 37.00 |
Net Income Margin | -100.0% | - | 0.15* | 0.17* | 0.15* | 0.12* | 0.10* | 0.05* | 0.01* | 0.00* | -0.04* | -0.02* | 0.00* | -0.03* | 0.00* | 0.00* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 151 | 137 | 128 | 129 | 138 | 127 | 115 | 98.00 | 80.00 | 74.00 | 74.00 | 75.00 | 59.00 | 53.00 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2018Q4 |
Assets | 3.7% | 1,564 | 1,508 | 1,503 | 1,467 | 1,434 | 1,403 | 1,383 | 1,361 | 1,334 | 1,235 | 1,224 | 1,261 | 1,237 | 1,234 | 1,189 | 1,166 | 1,151 | 1,147 |
Current Assets | 26.3% | 240 | 190 | 187 | 200 | 176 | 149 | 134 | 109 | 238 | 138 | 123 | 160 | 133 | 126 | 133 | 109 | 93.00 | 127 |
Cash Equivalents | 40.0% | 173 | 123 | 123 | 137 | 117 | 99.00 | 77.00 | 50.00 | 180 | 76.00 | 71.00 | 109 | 94.00 | 80.00 | 96.00 | 83.00 | 65.00 | 105 |
Net PPE | -5.0% | 8.00 | 8.00 | 8.00 | 7.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 |
Goodwill | 0.0% | 487 | 487 | 487 | 437 | 437 | 437 | 448 | 441 | 109 | 339 | 339 | 339 | 339 | 339 | 327 | 325 | 325 | 298 |
Liabilities | 5.2% | 379 | 361 | 377 | 370 | 370 | 368 | 374 | 370 | 388 | 306 | 319 | 360 | 358 | 359 | 330 | 318 | 436 | 448 |
Current Liabilities | 25.7% | 94.00 | 75.00 | 74.00 | 54.00 | 53.00 | 49.00 | 59.00 | 49.00 | 40.00 | 34.00 | 46.00 | 39.00 | 35.00 | 35.00 | 42.00 | 39.00 | 36.00 | 49.00 |
LT Debt, Non Current | 0.0% | 93.00 | 93.00 | 112 | 114 | 115 | 117 | 115 | 115 | 150 | 75.00 | 75.00 | 122 | 122 | 122 | 122 | 122 | 242 | 243 |
Shareholder's Equity | 3.2% | 1,184 | 1,147 | 1,126 | 1,097 | 1,063 | 1,035 | 1,009 | 991 | 946 | 930 | 905 | 901 | 879 | 875 | 859 | 848 | 716 | 699 |
Retained Earnings | 16.4% | 234 | 201 | 184 | 158 | 128 | 102 | 80.00 | 68.00 | 56.00 | 46.00 | 55.00 | 64.00 | 56.00 | 65.00 | 62.00 | 65.00 | 69.00 | 64.00 |
Additional Paid-In Capital | 0.4% | 951 | 947 | 943 | 939 | 935 | 932 | 929 | 924 | 891 | 884 | 850 | 837 | 824 | 810 | 796 | 782 | 647 | 635 |
Shares Outstanding | 0.3% | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 73.00 | 72.00 | 70.00 | 72.00 | 67.00 | 67.00 | 67.00 | 72.00 | 69.00 | 66.00 | 66.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 23.7% | 191 | 154 | 140 | 131 | 131 | 140 | 129 | 116 | 101 | 82.00 | 77.00 | 77.00 | 77.00 | 62.00 | 55.00 | 52.00 | 51.00 | 61.00 | 62.00 | 94.00 | 37.00 |
Share Based Compensation | 7.7% | 16.00 | 15.00 | 14.00 | 16.00 | 20.00 | 23.00 | 54.00 | 62.00 | 67.00 | 74.00 | 54.00 | 54.00 | 53.00 | 44.00 | 36.00 | 24.00 | 14.00 | 12.00 | 7.00 | 6.00 | 5.00 |
Cashflow From Investing | -5.6% | -105 | -99.57 | -94.99 | -45.73 | -161 | -160 | -160 | -161 | -36.36 | -33.49 | -49.97 | -49.25 | -46.09 | -80.82 | -59.91 | -57.65 | -56.14 | -19.43 | -17.71 | -16.16 | -16.33 |
Cashflow From Financing | 5.3% | -28.12 | -29.69 | 1.00 | 3.00 | -30.52 | -38.61 | 40.00 | -171 | -203 | - | -50.70 | -0.57 | - | - | -2.18 | -2.72 | -2.50 | -2.50 | 11.00 | - | - |
Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenue: | ||||
Total revenue | $ 183,232 | $ 151,207 | $ 359,794 | $ 299,510 |
Operating expenses: | ||||
Asset-based expenses | 39,344 | 40,266 | 76,778 | 81,953 |
Spread-based expenses | 8,003 | 641 | 14,560 | 1,046 |
Employee compensation | 48,099 | 39,973 | 95,010 | 80,263 |
General and operating expenses | 24,354 | 22,223 | 50,043 | 44,282 |
Professional fees | 8,372 | 5,494 | 13,765 | 11,227 |
Depreciation and amortization | 8,684 | 7,711 | 17,112 | 15,180 |
Total operating expenses | 136,856 | 116,308 | 267,268 | 233,951 |
Interest expense | 2,137 | 1,488 | 4,484 | 2,647 |
Other expense (income), net | (288) | 78 | 19,577 | 206 |
Income before income taxes | 44,527 | 33,333 | 68,465 | 62,706 |
Provision for income taxes | 11,650 | 7,993 | 18,366 | 15,147 |
Net income | 32,877 | 25,340 | 50,099 | 47,559 |
Net comprehensive income | $ 32,877 | $ 25,340 | $ 50,099 | $ 47,559 |
Net income per share attributable to common stockholders: | ||||
Basic (in dollars per share) | $ 0.44 | $ 0.34 | $ 0.68 | $ 0.65 |
Diluted (in dollars per share) | $ 0.44 | $ 0.34 | $ 0.67 | $ 0.65 |
Weighted average number of common shares outstanding, basic (shares) | 73,986,326 | 73,631,588 | 73,938,510 | 73,601,852 |
Weighted average number of common shares outstanding, diluted (shares) | 74,505,158 | 73,692,278 | 74,325,580 | 73,651,172 |
Asset-based revenue | ||||
Revenue: | ||||
Total revenue | $ 137,336 | $ 139,249 | $ 268,375 | $ 281,325 |
Spread-based revenue | ||||
Revenue: | ||||
Total revenue | 37,271 | 7,150 | 75,534 | 9,105 |
Subscription-based revenue | ||||
Revenue: | ||||
Total revenue | 3,693 | 3,259 | 7,237 | 6,577 |
Other revenue | ||||
Revenue: | ||||
Total revenue | $ 4,932 | $ 1,549 | $ 8,648 | $ 2,503 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 172,818 | $ 123,274 |
Restricted cash | 14,000 | 13,000 |
Investments, at fair value | 16,395 | 13,714 |
Fees and other receivables, net | 20,482 | 20,082 |
Income tax receivable, net | 0 | 265 |
Prepaid expenses and other current assets | 16,532 | 16,870 |
Total current assets | 240,227 | 187,205 |
Property, plant and equipment, net | 7,635 | 8,495 |
Capitalized software, net | 100,335 | 89,959 |
Other intangible assets, net | 689,388 | 694,627 |
Operating lease right-of-use assets | 21,289 | 22,002 |
Goodwill | 487,292 | 487,225 |
Other assets | 17,671 | 13,417 |
Total assets | 1,563,837 | 1,502,930 |
Current liabilities: | ||
Accounts payable | 1,763 | 4,624 |
Accrued liabilities and other current liabilities | 78,638 | 69,196 |
Income tax payable, net | 13,797 | 0 |
Total current liabilities | 94,198 | 73,820 |
Long-term debt, net | 93,496 | 112,138 |
Other long-term liabilities | 17,110 | 15,185 |
Long-term portion of operating lease liabilities | 27,097 | 27,924 |
Deferred income tax liabilities, net | 147,497 | 147,497 |
Total long-term liabilities | 285,200 | 302,744 |
Total liabilities | 379,398 | 376,564 |
Stockholders’ equity: | ||
Common stock, $0.001 par value (675,000,000 shares authorized and 74,172,080 and 73,847,596 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively) | 74 | 74 |
Additional paid-in capital | 950,920 | 942,946 |
Retained earnings | 233,602 | 183,503 |
Accumulated other comprehensive loss | (157) | (157) |
Total stockholders’ equity | 1,184,439 | 1,126,366 |
Total liabilities and stockholders’ equity | $ 1,563,837 | $ 1,502,930 |