IPST
IP Strategy Holdings, Inc.
NasdaqCMUSDEQUITY
Financial Services
DELAYED
Sell
-51/100
Last price
3.02
▼ 0.12 (3.82%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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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
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Open
—
Prev close
3.14
Day high
3.16
Day low
2.91
Volume
34.27K
Market cap
$2.18M
P/E (TTM)
—
52W range
1.54 – 316.00
Trailing performance
Returnvs SPY
1W
-0.33%
-2.3%
1M
-18.93%
-20.1%
3M
+29.61%
+25.1%
6M
-62.25%
-80.4%
YTD
-90.32%
-104.6%
1Y
-99.06%
-115.5%
3Y
—
-82.3%
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 IPST 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
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
21.54K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 31, 26 | CARROSINO MICHAEL Chief Financial Officer |
— | 1.24K | — | Direct |
| Jul 31, 26 | STIEFEL JUSTIN B Chief Executive Officer |
— | 1.67K | — | |
| Jul 31, 26 | STIEFEL JENNIFER D H President |
— | 1.67K | — | |
| Jul 2, 26 | MARKER BETH A Officer |
— | 94 | — | Direct |
| Jul 2, 26 | PERKINS DANIELLE B Officer |
— | 94 | — | Direct |
| May 1, 26 | CARROSINO MICHAEL Chief Financial Officer |
— | 1.24K | — | Direct |
| May 1, 26 | STIEFEL JUSTIN B Chief Executive Officer |
— | 1.67K | — | |
| May 1, 26 | STIEFEL JENNIFER D H President |
— | 1.67K | — | |
| Apr 2, 26 | MARKER BETH A Officer |
— | 1.88K | — | Direct |
| Apr 2, 26 | PERKINS DANIELLE B Officer |
— | 1.88K | — | Direct |
| Feb 2, 26 | CARROSINO MICHAEL Chief Financial Officer |
— | 22.31K | — | Direct |
| Feb 2, 26 | STIEFEL JUSTIN B Chief Executive Officer |
— | 66.67K | — | |
| Feb 2, 26 | MARKER BETH A Officer |
— | 1.88K | — | Direct |
| Feb 2, 26 | PERKINS DANIELLE B Officer |
— | 1.88K | — | Direct |
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 |
|---|---|---|---|
ALSTEAD TROY M |
Director | 114.50K | Conversion of Exercise of derivative security |
CARROSINO MICHAEL |
Chief Financial Officer | 3.58K | Conversion of Exercise of derivative security |
MARKER BETH A |
Officer | 461 | Conversion of Exercise of derivative security |
SMITH CHRISTOPHER H. |
Director | 104.50K | Conversion of Exercise of derivative security |
STIEFEL JENNIFER D H |
President | — | Conversion of Exercise of derivative security |
STIEFEL JUSTIN B |
Chief Executive Officer | — | Conversion of Exercise of derivative security |
SWANN MATTHEW J |
Director | 105.75K | Conversion of Exercise of derivative security |
TREVAN ERIC S. PH.D. |
Director | 107.39K | Conversion of Exercise of derivative security |
VARGA ANDREW M |
Director | — | Conversion of Exercise of derivative security |
WENSEL JEFFREY P |
Director | 151.44K | Conversion of Exercise of derivative security |
Fundamentals
Market cap$2.18M
Enterprise value$6.59M
Revenue (TTM)$10.54M
Gross profit$6.46M
EBITDA$-11.03M
Net income$-201.77M
EPS (TTM)$-11,407.30
Free cash flow$-5.09M
Total cash$92.70K
Total debt$4.62M
Book value / share$63.04
Shares outstanding721.58K
Float664.66K
Short % of float1.45%
Dividend yield0.00%
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E—
Forward P/E13.73
PEG ratio—
Price / sales—
Price / book0.05
EV / revenue0.63
EV / EBITDA-0.60
Gross margin61.27%
Operating margin-112.77%
Profit margin0.00%
Return on equity-1255.58%
Return on assets-21.16%
Debt / equity14.24
Current ratio0.44
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $10.12M | $8.40M | $7.97M | $8.31M | +20.4% |
| Operating revenue | $10.12M | $8.40M | $7.97M | $8.31M | +20.4% |
| Cost of revenue | $4.56M | $6.28M | $5.82M | $6.10M | -27.4% |
| Gross profit | $5.56M | $2.13M | $2.15M | $2.21M | +161.5% |
| Selling, general & admin | $17.02M | $16.00M | $12.09M | $12.74M | +6.3% |
| Total operating expense | $17.92M | $17.02M | $13.25M | $13.98M | +5.2% |
| Operating income | -$12.36M | -$14.90M | -$11.10M | -$11.77M | +17.1% |
| Net interest income | -$1.64M | -$2.54M | -$2.53M | -$2.61M | +35.2% |
| Pre-tax income | -$137.72M | $719.61K | -$36.79M | -$12.26M | -19,238.7% |
| Tax provision | -$8.49K | $9.15K | $7.00K | $8.10K | -192.8% |
| Net income | -$137.72M | $710.46K | -$36.80M | -$12.27M | -19,484.0% |
| Net income to common | -$138.19M | $62.81K | -$36.80M | -$12.27M | -220,102.4% |
| Basic EPS | -320.60 | 19.60 | -3,009.60 | -1,003.37 | -1,735.7% |
| Diluted EPS | -320.60 | -789.20 | -3,009.60 | -1,003.37 | +59.4% |
| EBIT | -$136.08M | $3.26M | -$34.26M | -$9.65M | -4,280.3% |
| EBITDA | -$134.59M | $5.05M | -$32.34M | -$7.76M | -2,766.2% |
| Basic shares | 431.00K | 3.20K | 12.23K | 20.70K | +13,356.0% |
| Diluted shares | 431.00K | 17.69K | 21.12K | 20.70K | +2,335.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $245.28K | $453.16K | $76.88K | $223.03K | -45.9% |
| Cash & short-term investments | $245.28K | $453.16K | $76.88K | $223.03K | -45.9% |
| Accounts receivable | $347.76K | $638.89K | $721.93K | $494.71K | -45.6% |
| Inventory | $1.64M | $2.47M | $2.76M | $3.64M | -33.5% |
| Total current assets | $2.75M | $3.92M | $5.27M | $5.45M | -29.9% |
| Property, plant & equipment | $3.36M | $8.75M | $10.09M | $11.52M | -61.6% |
| Goodwill & intangibles | $91.70M | $1.01M | $0 | — | +8,970.2% |
| Total assets | $108.76M | $28.00M | $26.27M | $27.96M | +288.4% |
| Total current liabilities | $8.89M | $13.81M | $62.85M | $21.85M | -35.7% |
| Current debt | $2.35M | $3.76M | $50.55M | $13.88M | -37.4% |
| Long-term debt | $220.84K | $9.48M | $1.45M | $8.04M | -97.7% |
| Total debt | $4.74M | $17.18M | $56.38M | $26.66M | -72.4% |
| Total liabilities | $10.54M | $27.21M | $69.69M | $34.59M | -61.3% |
| Retained earnings | -$211.85M | -$74.13M | -$74.84M | -$38.05M | -185.8% |
| Shareholder equity | $98.22M | $791.77K | -$43.42M | -$6.63M | +12,304.7% |
| Working capital | -$6.14M | -$9.89M | -$57.58M | -$16.40M | +37.9% |
| Net tangible assets | $6.51M | -$219.25K | -$43.42M | -$6.63M | +3,071.4% |
| Shares issued | 482.55K | 13.18K | 12.23K | 12.23K | +3,560.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$137.72M | $710.46K | -$36.80M | -$12.27M | -19,484.0% |
| Depreciation & amortisation | $1.49M | $1.79M | $1.92M | $1.89M | -17.1% |
| Stock-based compensation | $4.61M | $4.89M | $18.59K | $86.66K | -5.7% |
| Change in working capital | -$8.18M | -$1.02M | $2.89M | $2.00M | -700.7% |
| Operating cash flow | -$15.33M | -$11.22M | -$8.48M | -$9.30M | -36.7% |
| Capital expenditure | -$21.09M | -$106.42K | -$26.51K | -$639.38K | -19,722.0% |
| Investing cash flow | -$16.52M | -$101.33K | -$24.11K | -$614.38K | -16,202.3% |
| Share buybacks | -$2.00K | -$3.69K | -$11.34K | -$12.96K | +45.8% |
| Financing cash flow | $31.64M | $11.69M | $8.36M | $9.93M | +170.6% |
| Free cash flow | -$36.42M | -$11.32M | -$8.51M | -$9.94M | -221.7% |
| End cash position | $245.28K | $453.16K | $76.88K | $223.03K | -45.9% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $1.71M | $4.72M | $2.99M | $1.32M | $1.09M | -63.7% |
| Operating revenue | $1.71M | $4.72M | $2.99M | $1.32M | $1.09M | -63.7% |
| Cost of revenue | $543.15K | $1.49M | $1.16M | $1.09M | $820.10K | -63.5% |
| Gross profit | $1.17M | $3.23M | $1.83M | $227.09K | $271.88K | -63.8% |
| Selling, general & admin | $3.08M | $5.11M | $2.79M | $6.17M | $2.37M | -39.8% |
| Total operating expense | $3.09M | $5.31M | $3.02M | $6.39M | $2.62M | -41.7% |
| Operating income | -$1.92M | -$2.08M | -$1.18M | -$6.17M | -$2.35M | +7.5% |
| Net interest income | -$12.50K | -$25.74K | -$497.98K | -$595.31K | -$523.21K | +51.4% |
| Pre-tax income | -$66.74M | -$373.09M | $245.69M | -$7.29M | -$3.03M | +82.1% |
| Tax provision | $0 | -$49.44M | $49.43M | $3.12K | $0 | +100.0% |
| Net income | -$66.74M | -$323.65M | $196.26M | -$7.30M | -$3.03M | +79.4% |
| Net income to common | -$66.74M | -$322.83M | $196.07M | -$8.47M | -$3.03M | +79.3% |
| Basic EPS | -134.70 | — | 6,788.00 | -308.00 | -135.34 | — |
| Diluted EPS | -134.70 | — | 6,788.00 | -308.00 | -135.34 | — |
| EBIT | -$66.73M | -$373.06M | $246.19M | -$6.70M | -$2.51M | +82.1% |
| EBITDA | -$66.58M | -$372.71M | $246.55M | -$6.32M | -$2.12M | +82.1% |
| Basic shares | 496.23K | — | 28.89K | 27.50K | 24.06K | — |
| Diluted shares | 496.23K | — | 28.89K | 27.50K | 24.06K | — |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $92.70K | $245.28K | $1.67M | $185.95K | $99.54K | -62.2% |
| Cash & short-term investments | $92.70K | $245.28K | $1.67M | $185.95K | $99.54K | -62.2% |
| Accounts receivable | $179.60K | $347.76K | $202.78K | $210.71K | $199.28K | -48.4% |
| Inventory | $1.57M | $1.64M | $2.28M | $2.32M | $2.51M | -4.2% |
| Total current assets | $3.82M | $2.75M | $4.94M | $3.10M | $3.25M | +39.1% |
| Property, plant & equipment | $3.17M | $3.36M | $6.91M | $8.12M | $8.50M | -5.9% |
| Goodwill & intangibles | $24.84M | $91.70M | $456.63M | $993.03K | $993.74K | -72.9% |
| Total assets | $42.77M | $108.76M | $482.78M | $26.54M | $27.06M | -60.7% |
| Total current liabilities | $8.79M | $8.89M | $10.36M | $16.44M | $13.94M | -1.1% |
| Current debt | $2.36M | $2.35M | $2.36M | $3.99M | $3.47M | +0.3% |
| Long-term debt | $203.35K | $220.84K | $238.05K | $8.99M | $9.49M | -7.9% |
| Total debt | $4.62M | $4.74M | $6.01M | $16.89M | $16.98M | -2.7% |
| Total liabilities | $10.36M | $10.54M | $62.35M | $29.42M | $27.39M | -1.8% |
| Retained earnings | -$278.59M | -$211.85M | $111.80M | -$84.46M | -$77.17M | -31.5% |
| Shareholder equity | $32.41M | $98.22M | $420.43M | -$2.89M | -$328.98K | -67.0% |
| Working capital | -$4.97M | -$6.14M | -$5.42M | -$13.34M | -$10.69M | +19.0% |
| Net tangible assets | $7.57M | $6.51M | -$36.20M | -$3.88M | -$1.32M | +16.2% |
| Shares issued | 514.17K | 482.55K | 457.39K | 31.82K | 17.30K | +6.6% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$66.74M | -$323.65M | $196.26M | -$7.30M | -$3.03M | +79.4% |
| Depreciation & amortisation | $154.30K | $350.20K | $365.51K | $379.00K | $392.19K | -55.9% |
| Stock-based compensation | $942.91K | $1.56M | -$77.14K | $3.13M | $0 | -39.6% |
| Change in working capital | -$1.28M | -$5.76M | -$5.10M | $2.11M | $554.30K | +77.7% |
| Operating cash flow | -$2.45M | -$7.51M | -$4.28M | -$1.51M | -$2.03M | +67.3% |
| Capital expenditure | — | -$20.00K | -$21.05M | -$11.27K | -$17.32K | — |
| Investing cash flow | $2.31M | $4.43M | -$21.00M | -$10.03K | $65.34K | -47.8% |
| Share buybacks | — | -$2.00K | $0 | — | — | — |
| Financing cash flow | -$11.02K | $1.65M | $26.77M | $1.61M | $1.61M | -100.7% |
| Free cash flow | -$2.45M | -$7.53M | -$25.32M | -$1.52M | -$2.05M | +67.4% |
| End cash position | $92.70K | $245.28K | $1.67M | $185.95K | $99.54K | -62.2% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
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 |
|---|---|---|---|
| Dec 2025 | -0.80 | -637.80 | -79,625.0% |
| Sep 2025 | — | 339.40 | — |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $0 | — |
| Next year | — | — | $0 | — |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders3.14%
Held by institutions14.66%
Institutions holding14
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
3.15
-4.01% from price
SMA 20
3.15
-4.18% from price
SMA 50
4.00
-24.52% from price
SMA 100
3.79
-20.29% from price
SMA 200
10.44
-71.07% from price
EMA 12
3.16
-4.47% from price
EMA 26
3.48
-13.15% from price
EMA 50
3.82
-20.94% from price
RSI (14)
45.0
Neutral
MACD (12,26,9)
-0.32
Hist 0.04
ATR (14)
0.51
16.81% of price
Realised vol 30D
149.1%
Annualised
Bollinger upper
3.86
20, 2σ
Bollinger lower
2.44
20, 2σ
50 / 200 cross
Death
4.00 vs 10.44
Trend bias
Below 200
-71.07%
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
0.48
Less volatile than market
Correlation to SPY
0.02
Largely independent
Realised vol 30D
149.1%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-99.4%
Peak to trough
Max drawdown 5Y
-99.9%
Peak to trough
ATR 14
0.51
16.81% of price
Beta (reported)
—
5Y monthly, from filing
Short interest
Shares short
10.25K
Prior 14.23K
Change vs prior
-28.0%
Shorts covering
% of float
1.45%
Normal
% of shares out
1.42%
Against total outstanding
Days to cover
0.0
Liquid
Float
664.66K
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 |
|---|---|---|---|---|
| Jan 23, 26 | Roth Capital | INITIATED | — | Buy |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split1:20
Split dateApr 23, 2026
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-01
Periodic Financial Reports
NT 10-Q · 2026-08-17
Corporate Changes & Voting Matters
8-K · 2026-06-25
Offering Registrations
S-3 · 2026-06-02
Periodic Financial Reports
10-Q · 2026-05-20
Periodic Financial Reports
NT 10-Q · 2026-05-18
Corporate Changes & Voting Matters
8-K · 2026-05-14
Proxy Statements
DEF 14A · 2026-04-29
Headlines
IP Strategy Receives Nasdaq Notification Regarding Delayed Form 10-Q Filing
ACCESS Newswire · 39d ago
These 2 Stocks Are Setting Off Technical Alarm Bells with $1,000+ Price Tags. Here’s the Company I’d Bet on for the Long Term.
Barchart · 50d ago
BC-Most Active Stocks
Associated Press · 51d ago
Top Premarket Gainers
MT Newswires · 51d ago
Top Premarket Decliners
MT Newswires · 64d 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.