ARX
Accelerant Holdings
NYSEUSDEQUITY
Financial Services
DELAYED
Buy
+39/100
Last price
19.75
▲ 0.02 (0.08%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
19.75
Prev close
19.73
Day high
19.75
Day low
19.73
Volume
82.07K
Market cap
$4.29B
P/E (TTM)
—
52W range
9.18 – 19.90
Day trading desk
Gap from prior close
+0.10%
Prior close 19.73
VWAP
19.74
+0.01% from price
Relative volume
0.02×
Quiet session
Session range
0.10%
19.73 – 19.75
Position in range
75%
Near session high
ATR (14D)
0.08
0.41% of price
Prior day high
19.75
PDH
Prior day low
19.73
PDL
Bid / ask spread
—
Quote not published
Session volume
71.19K
Avg 3.65M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+0.08%
-1.4%
1M
-0.48%
-1.5%
3M
+55.23%
+52.2%
6M
+50.96%
+36.4%
YTD
+20.76%
+7.2%
1Y
+31.63%
+16.4%
3Y
—
-81.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on ARX open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
-1.21M
Net selling
Buy transactions
6
360.94K shares
Sell transactions
17
1.57M shares
Net transactions
+23
Buys less sells
Sell : buy shares
4.4 : 1
Mixed
Insider-held shares
105.85M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 21, 26 | MERIWETHER KAREN SUE Director |
SELL | 542 | $10.63K | Direct |
| Aug 13, 26 | HASLEY NANCY Director |
SELL | 20.49K | $400.84K | Direct |
| Aug 11, 26 | ONEILL FRANCIS JAMES Officer |
SELL | 152.84K | $1.87M | Indirect |
| Aug 10, 26 | RADKE JEFFREY L Chief Executive Officer |
SELL | 80.00K | $967.10K | Indirect |
| Aug 3, 26 | RADKE JEFFREY L Chief Executive Officer |
SELL | 80.00K | $964.53K | Indirect |
| Jul 28, 26 | ONEILL FRANCIS JAMES Officer |
SELL | 215.11K | $3.14M | Indirect |
| Jul 27, 26 | RADKE JEFFREY L Chief Executive Officer |
SELL | 95.22K | $1.39M | Indirect |
| Jul 27, 26 | STERNBERG MATTHEW DAVID Officer |
SELL | 17.57K | $257.21K | Direct |
| Jul 20, 26 | RADKE JEFFREY L Chief Executive Officer |
SELL | 94.78K | $1.29M | Indirect |
| Jul 15, 26 | ONEILL FRANCIS JAMES Officer |
SELL | 165.89K | $2.12M | Indirect |
| Jul 13, 26 | RADKE JEFFREY L Chief Executive Officer |
SELL | 80.00K | $1.05M | Indirect |
| Jul 6, 26 | RADKE JEFFREY L Chief Executive Officer |
SELL | 80.00K | $1.07M | Indirect |
| Jun 29, 26 | RADKE JEFFREY L Chief Executive Officer |
SELL | 80.00K | $1.03M | Indirect |
| Jun 26, 26 | ONEILL FRANCIS JAMES Officer |
SELL | 147.00K | $1.93M | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
GREEN JAY MICHAEL |
Chief Financial Officer | 1.18M | Sale |
HARRINGTON WENDY LIISA |
Director | 23.32K | Stock Award(Grant) |
HASLEY NANCY |
Director | 1.85M | Sale |
LEE-SMITH CHRISTOPHER |
Officer and Director | 17.78M | Stock Award(Grant) |
MERIWETHER KAREN SUE |
Director | 20.87K | Sale |
ONEILL FRANCIS JAMES |
Officer | — | Sale |
RADKE JEFFREY L |
Chief Executive Officer | — | Sale |
STERNBERG MATTHEW DAVID |
Officer | 596.48K | Sale |
TALACH DAVID GEORGE PAUL |
Director | 23.32K | Stock Award(Grant) |
WAINWRIGHT SIMON |
Director | 23.32K | Stock Award(Grant) |
Fundamentals
Market cap$4.29B
Enterprise value$2.77B
Revenue (TTM)$1.07B
Gross profit$697.30M
EBITDA$109.40M
Net income$-1.37B
EPS (TTM)$-6.22
Free cash flow$-1.48B
Total cash$1.66B
Total debt$120.10M
Book value / share$3.31
Shares outstanding118.55M
Float56.79M
Short % of float7.68%
Dividend yield0.00%
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E—
Forward P/E21.03
PEG ratio—
Price / sales—
Price / book5.97
EV / revenue2.59
EV / EBITDA25.35
Gross margin65.06%
Operating margin15.60%
Profit margin-127.54%
Return on equity-222.00%
Return on assets0.54%
Debt / equity16.14
Current ratio11.33
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $879.50M | $597.70M | $329.70M | $213.10M | +47.1% |
| Operating revenue | $879.50M | $597.70M | $329.70M | $213.10M | +47.1% |
| Selling, general & admin | $428.10M | $262.40M | $198.70M | $121.20M | +63.1% |
| Net interest income | -$69.00M | -$32.40M | -$15.10M | -$4.20M | -113.0% |
| Pre-tax income | -$1.32B | $32.00M | -$43.90M | -$84.30M | -4,230.9% |
| Tax provision | $23.30M | $9.10M | $20.20M | $11.30M | +156.0% |
| Net income | -$1.35B | $27.20M | -$48.80M | -$91.70M | -5,078.3% |
| Net income to common | -$1.43B | $27.20M | -$48.80M | -$91.70M | -5,339.0% |
| Basic EPS | -7.49 | 0.17 | -0.30 | -0.55 | -4,574.7% |
| Diluted EPS | -7.49 | 0.13 | -0.30 | -0.55 | -6,066.3% |
| EBIT | -$1.25B | $64.40M | -$28.80M | -$80.10M | -2,045.5% |
| Basic shares | 190.26M | 162.50M | 162.50M | 165.60M | +17.1% |
| Diluted shares | 190.26M | 216.67M | 216.67M | 165.60M | -12.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.80B | $1.27B | $775.40M | $446.20M | +41.3% |
| Cash & short-term investments | $2.51B | $1.82B | $869.90M | $509.00M | +38.2% |
| Accounts receivable | $2.76B | $1.86B | $1.08B | $636.80M | +48.3% |
| Goodwill & intangibles | $215.60M | $147.60M | $120.60M | $93.10M | +46.1% |
| Total assets | $8.26B | $6.09B | $3.74B | $2.20B | +35.6% |
| Long-term debt | $121.30M | $121.40M | $120.30M | $100.50M | -0.1% |
| Total debt | $121.30M | $121.40M | $120.30M | $100.50M | -0.1% |
| Total liabilities | $7.54B | $5.67B | $3.45B | $1.85B | +33.0% |
| Retained earnings | -$1.54B | -$182.80M | -$210.00M | -$161.20M | -740.8% |
| Shareholder equity | $697.70M | $408.70M | $310.50M | $354.50M | +70.7% |
| Net tangible assets | $482.10M | $261.10M | $189.90M | $261.40M | +84.6% |
| Shares issued | 221.82M | 221.82M | 219.99M | 219.99M | +0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$1.35B | $22.90M | -$64.10M | -$96.40M | -5,974.2% |
| Depreciation & amortisation | $35.20M | $26.60M | $14.50M | $5.80M | +32.3% |
| Stock-based compensation | $43.10M | $8.40M | $4.80M | $0 | +413.1% |
| Change in working capital | $397.80M | $801.10M | $356.20M | $157.90M | -50.3% |
| Operating cash flow | $445.10M | $785.70M | $290.00M | $65.70M | -43.3% |
| Capital expenditure | -$41.40M | -$34.40M | -$32.60M | -$26.70M | -20.3% |
| Investing cash flow | -$173.60M | -$380.10M | -$12.60M | -$147.50M | +54.3% |
| Share buybacks | -$175.30M | $0 | — | — | — |
| Financing cash flow | $205.80M | $110.30M | $10.30M | $254.70M | +86.6% |
| Free cash flow | $403.70M | $751.30M | $257.40M | $39.00M | -46.3% |
| End cash position | $1.80B | $1.27B | $775.40M | $484.00M | +41.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $373.60M | $279.10M | $209.40M | $280.70M | $209.90M | +33.9% |
| Operating revenue | $373.60M | $279.10M | $209.40M | $280.70M | $209.90M | +33.9% |
| Selling, general & admin | $134.50M | $127.80M | $126.20M | $127.80M | $95.20M | +5.2% |
| Net interest income | -$27.80M | -$14.10M | -$30.90M | -$16.20M | -$12.60M | -97.2% |
| Pre-tax income | $87.40M | $2.00M | -$2.20M | -$1.36B | $22.30M | +4,270.0% |
| Tax provision | $7.40M | $6.10M | -$3.10M | $9.50M | $9.20M | +21.3% |
| Net income | $78.70M | -$5.20M | -$600.00K | -$1.37B | $8.80M | +1,613.5% |
| Net income to common | $78.70M | -$5.20M | -$600.00K | -$1.44B | $8.80M | +1,613.5% |
| Basic EPS | 0.36 | -0.02 | 0.00 | -6.99 | 0.04 | +1,900.0% |
| Diluted EPS | 0.36 | -0.02 | 0.00 | -6.99 | 0.04 | +1,900.0% |
| EBIT | $115.20M | $16.10M | $28.70M | -$1.34B | $34.90M | +615.5% |
| Basic shares | 218.41M | 221.98M | 221.82M | 206.06M | 219.99M | -1.6% |
| Diluted shares | 219.69M | 221.98M | 221.82M | 206.06M | 219.99M | -1.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.66B | $1.54B | $1.80B | $1.68B | $1.46B | +7.8% |
| Cash & short-term investments | $2.32B | $2.43B | $2.51B | $2.46B | $2.21B | -4.5% |
| Accounts receivable | $3.25B | $3.04B | $2.76B | $2.47B | $2.36B | +6.9% |
| Goodwill & intangibles | $216.90M | $214.40M | $215.60M | $212.20M | $213.20M | +1.2% |
| Total assets | $8.94B | $8.60B | $8.26B | $7.86B | $7.50B | +3.9% |
| Long-term debt | $120.10M | $120.70M | $121.30M | $121.90M | $126.70M | -0.5% |
| Total debt | $120.10M | $120.70M | $121.30M | $121.90M | $126.70M | -0.5% |
| Total liabilities | $8.20B | $7.88B | $7.54B | $7.16B | $7.01B | +4.0% |
| Retained earnings | -$1.46B | -$1.54B | -$1.54B | -$1.54B | -$167.50M | +5.1% |
| Shareholder equity | $717.40M | $692.60M | $697.70M | $676.10M | $450.60M | +3.6% |
| Net tangible assets | $500.50M | $478.20M | $482.10M | $463.90M | $237.40M | +4.7% |
| Shares issued | 216.92M | 221.38M | 221.82M | 221.82M | 221.82M | -2.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $80.00M | -$4.10M | $900.00K | -$1.37B | $13.10M | +2,051.2% |
| Depreciation & amortisation | $10.40M | $10.00M | $9.50M | $10.00M | $8.30M | +4.0% |
| Stock-based compensation | $22.90M | $28.80M | $20.50M | $17.20M | $3.00M | -20.5% |
| Change in working capital | -$121.10M | -$56.00M | $51.60M | $76.90M | $192.40M | -116.3% |
| Operating cash flow | -$68.60M | -$21.40M | $61.90M | $73.90M | $217.50M | -220.6% |
| Capital expenditure | -$13.20M | -$6.70M | -$11.60M | -$12.50M | -$10.70M | -97.0% |
| Investing cash flow | $269.70M | -$211.60M | $64.70M | -$55.50M | -$93.10M | +227.5% |
| Share buybacks | -$70.40M | -$12.20M | $0 | -$175.30M | $0 | -477.0% |
| Financing cash flow | -$78.30M | -$19.20M | -$3.70M | $208.60M | $3.20M | -307.8% |
| Free cash flow | -$81.80M | -$28.10M | $50.30M | $61.40M | $206.80M | -191.1% |
| End cash position | $1.66B | $1.54B | $1.80B | $1.68B | $1.46B | +7.8% |
Options analytics
Put / call volume
0.00
Call-heavy session
Put / call open interest
1.50
Positioning, not flow
Max pain
17.50
-11.4% from spot
ATM implied vol
15.4%
Nearest strike to spot
Skew (10% OTM)
+34.6%
Puts bid over calls
Call volume
1
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
20.00
2 contracts
Heaviest put OI
17.50
3 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.16 | 0.32 | +96.3% |
| Mar 2026 | 0.16 | 0.17 | +8.3% |
| Dec 2025 | 0.22 | 0.23 | +5.9% |
| Sep 2025 | 0.21 | 0.39 | +80.6% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.20 | 8 | $265.39M | -0.8% |
| Next quarter | 0.21 | 8 | $274.61M | +10.6% |
| Current year | 0.89 | 8 | $1.14B | +25.3% |
| Next year | 0.94 | 9 | $1.25B | +9.1% |
Analyst targets & ownership
Mean target$20.25
High target$20.25
Low target$20.25
Implied upside2.56%
Analyst count3
ConsensusHOLD
Strong buy / Buy0 / 0
Hold5
Sell / Strong sell0 / 1
Held by insiders48.74%
Held by institutions64.56%
Institutions holding184
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
19.74
+0.05% from price
SMA 20
19.76
-0.10% from price
SMA 50
18.08
+9.22% from price
SMA 100
16.12
+22.52% from price
SMA 200
14.67
+34.58% from price
EMA 12
19.73
+0.07% from price
EMA 26
19.40
+1.75% from price
EMA 50
18.36
+7.53% from price
RSI (14)
69.6
Neutral
MACD (12,26,9)
0.33
Hist -0.14
ATR (14)
0.08
0.41% of price
Realised vol 30D
4.5%
Annualised
Bollinger upper
19.86
20, 2σ
Bollinger lower
19.66
20, 2σ
50 / 200 cross
Golden
18.08 vs 14.67
Trend bias
Above 200
+34.58%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.17
Less volatile than market
Correlation to SPY
0.03
Largely independent
Realised vol 30D
4.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-45.4%
Peak to trough
Max drawdown 5Y
-68.9%
Peak to trough
ATR 14
0.08
0.41% of price
Beta (reported)
—
5Y monthly, from filing
Short interest
Shares short
4.78M
Prior 5.84M
Change vs prior
-18.2%
Shorts covering
% of float
7.68%
Normal
% of shares out
2.20%
Against total outstanding
Days to cover
1.9
Liquid
Float
56.79M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 30, 26 | TD Cowen | DOWNGRADE | Buy | Hold |
| Sep 23, 26 | Raymond James | DOWNGRADE | Market Perform | Underperform |
| Aug 14, 26 | Citizens | DOWNGRADE | Market Outperform | Market Perform |
| Aug 13, 26 | William Blair | DOWNGRADE | Outperform | Market Perform |
| Jul 9, 26 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Jul 6, 26 | Morgan Stanley | MAINTAINED | Equal-Weight | Equal-Weight |
| Jun 16, 26 | BMO Capital | MAINTAINED | Outperform | Outperform |
| Jun 1, 26 | Raymond James | MAINTAINED | Outperform | Outperform |
| May 26, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| May 21, 26 | Morgan Stanley | MAINTAINED | Equal-Weight | Equal-Weight |
| May 19, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| May 18, 26 | Wells Fargo | MAINTAINED | Overweight | Overweight |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-23
Proxy Statements
DEFA14A · 2026-08-14
Periodic Financial Reports
10-Q · 2026-08-13
Corporate Changes & Voting Matters
8-K · 2026-05-29
Corporate Changes & Voting Matters
8-K · 2026-05-13
Corporate Changes & Voting Matters
8-K · 2026-05-12
Proxy Statements
DEFA14A · 2026-03-30
Corporate Changes & Voting Matters
8-K · 2026-03-18
Headlines
Accelerant Announces Expiration of "Go-Shop" Period
Business Wire · 14d ago
Peer-reviewed 411-patient study reports low infection rates with Myriad™ in complex soft tissue reconstruction
PR Newswire · 31d ago
Accelerant’s Take-Private Deal Raises a Bigger Question for Insurance Stocks
MarketBeat · 33d ago
ARC RESOURCES LTD. ANNOUNCES REDEMPTION OF ALL OUTSTANDING SENIOR NOTES
CNW Group · 34d ago
Shell completes acquisition of ARC Resources
PR Newswire · 35d ago
Shell completes acquisition of ARC Resources
CNW Group · 35d ago
Shell completes acquisition of ARC Resources
PR Newswire · 35d ago
ARC RESOURCES LTD. ANNOUNCES CLOSING OF ACQUISITION BY SHELL PLC
CNW Group · 35d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.