OSG
Octave Specialty Group, Inc.
NYSEUSDEQUITY
Financial Services
DELAYED
Sell
-25/100
Last price
4.62
▲ 0.04 (0.87%)
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
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Range —
Vol —
vs
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Open
—
Prev close
4.58
Day high
4.64
Day low
4.52
Volume
371.43K
Market cap
$208.14M
P/E (TTM)
—
52W range
3.88 – 10.38
Trailing performance
Returnvs SPY
1W
+12.68%
+10.7%
1M
-7.04%
-8.2%
3M
-24.26%
-28.8%
6M
+2.67%
-15.5%
YTD
-40.62%
-54.9%
1Y
-48.49%
-64.9%
3Y
-61.69%
-143.9%
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 OSG 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
3.56M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 9, 26 | SMITH R. SHARON Chief Operating Officer |
— | 11.78K | — | Direct |
| Jul 9, 26 | TRICK DAVID Chief Financial Officer |
— | 13.21K | — | Direct |
| Jul 9, 26 | LEBLANC CLAUDE L. Chief Executive Officer |
— | 39.38K | — | Direct |
| Mar 10, 26 | AHN CRISTINA E. Officer |
— | 835 | — | Direct |
| Mar 3, 26 | SMITH R. SHARON Chief Operating Officer |
— | 1.54K | — | Direct |
| Mar 3, 26 | TRICK DAVID Chief Financial Officer |
— | 1.72K | — | Direct |
| Mar 3, 26 | LEBLANC CLAUDE L. Chief Executive Officer |
— | 24.55K | — | Direct |
| Jan 2, 26 | LEBLANC CLAUDE L. Chief Executive Officer |
BUY | 12.00K | $91.08K | Direct |
| Nov 12, 25 | SMITH R. SHARON Officer |
BUY | 20 | $205 | Direct |
| Oct 1, 25 | LEBLANC CLAUDE L. Chief Executive Officer |
BUY | 25.00K | $213.50K | Direct |
| Sep 30, 25 | SMITH R. SHARON Officer |
— | 147.95K | — | Direct |
| Sep 30, 25 | SMITH R. SHARON Officer |
— | 148.37K | — | Direct |
| Sep 30, 25 | TRICK DAVID Chief Financial Officer |
— | 207.88K | — | Direct |
| Sep 30, 25 | TRICK DAVID Chief Financial Officer |
— | 207.88K | — | 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 |
|---|---|---|---|
BARRANCO DAVID PETER |
Officer | 128.41K | Conversion of Exercise of derivative security |
HAFT IAN DAVID |
Director | 131.92K | Conversion of Exercise of derivative security |
IGLESIAS LISA G |
Director | 82.33K | Conversion of Exercise of derivative security |
KSENAK STEPHEN MICHAEL |
General Counsel | 205.26K | Conversion of Exercise of derivative security |
LAMM-TENNANT JOAN M |
Director | 106.99K | Conversion of Exercise of derivative security |
LEBLANC CLAUDE L. |
Chief Executive Officer | 1.07M | Conversion of Exercise of derivative security |
PRICE MICHAEL D |
Director | 205.48K | Conversion of Exercise of derivative security |
SMITH R. SHARON |
Chief Operating Officer | 156.33K | Conversion of Exercise of derivative security |
STEIN JEFFREY SCOTT |
Director | 217.81K | Conversion of Exercise of derivative security |
TRICK DAVID |
Chief Financial Officer | 267.10K | Conversion of Exercise of derivative security |
Fundamentals
Market cap$208.14M
Enterprise value$570.92M
Revenue (TTM)$320.67M
Gross profit$199.17M
EBITDA$7.37M
Net income$-90.49M
EPS (TTM)$-1.98
Free cash flow$341.30M
Total cash$109.30M
Total debt$155.46M
Book value / share$15.52
Shares outstanding45.05M
Float42.46M
Short % of float4.15%
Dividend yield0.00%
Beta (5Y)0.86
Valuation & profitability ratios
Trailing P/E—
Forward P/E8.30
PEG ratio—
Price / sales—
Price / book0.30
EV / revenue1.78
EV / EBITDA77.49
Gross margin62.11%
Operating margin-8.64%
Profit margin-51.11%
Return on equity-6.76%
Return on assets-0.46%
Debt / equity15.31
Current ratio0.98
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $248.64M | $235.32M | $124.75M | $53.61M | +5.7% |
| Operating revenue | $248.64M | $235.32M | $124.75M | $53.61M | +5.7% |
| Selling, general & admin | $191.62M | $129.17M | $66.98M | $56.28M | +48.4% |
| Net interest income | -$18.64M | -$9.38M | $0 | $0 | -98.7% |
| Pre-tax income | -$101.01M | -$59.84M | -$24.22M | -$35.71M | -68.8% |
| Tax provision | -$5.21M | -$924.00K | -$989.00K | -$462.00K | -464.0% |
| Net income | -$261.69M | -$556.45M | $3.63M | $521.25M | +53.0% |
| Net income to common | -$261.69M | -$556.45M | $3.63M | $522.38M | +53.0% |
| Basic EPS | -5.93 | -11.96 | 0.18 | 11.48 | +50.4% |
| Diluted EPS | -5.93 | -11.96 | 0.18 | 11.31 | +50.4% |
| EBIT | -$82.37M | -$50.47M | -$24.22M | -$35.71M | -63.2% |
| Basic shares | 47.18M | 46.97M | 45.64M | 45.72M | +0.5% |
| Diluted shares | 47.18M | 46.97M | 45.64M | 46.41M | +0.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $68.44M | $47.27M | $19.22M | $14.00M | — | +44.8% |
| Cash & short-term investments | $337.18M | $331.90M | $354.96M | $2.01B | — | +1.6% |
| Accounts receivable | $511.18M | $363.41M | $210.89M | $655.00M | — | +40.7% |
| Goodwill & intangibles | $1.02B | $763.01M | $131.10M | $387.00M | — | +33.1% |
| Total assets | $2.22B | $8.06B | $8.43B | $7.97B | — | -72.4% |
| Current debt | $0 | $150.00M | $0 | — | — | -100.0% |
| Long-term debt | $117.56M | — | $3.48B | $3.75B | $6.45B | — |
| Total debt | $117.56M | $150.00M | $0 | $3.75B | — | -21.6% |
| Total liabilities | $1.14B | $6.86B | $7.00B | $6.65B | — | -83.4% |
| Retained earnings | $370.43M | $683.64M | $1.25B | $1.25B | — | -45.8% |
| Shareholder equity | $715.79M | $798.36M | $1.36B | $1.25B | — | -10.3% |
| Net tangible assets | -$299.55M | $35.35M | $1.23B | $865.00M | — | -947.3% |
| Shares issued | 48.88M | 48.88M | 46.66M | 46.66M | — | +0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$95.80M | -$58.92M | -$23.23M | -$35.24M | -62.6% |
| Depreciation & amortisation | $41.95M | $19.95M | $5.23M | $3.79M | +110.3% |
| Stock-based compensation | — | — | $12.27M | $11.23M | — |
| Change in working capital | -$3.58M | $9.30M | $31.15M | $26.17M | -138.5% |
| Operating cash flow | -$52.28M | $762.00K | $36.95M | $70.37M | -6,961.3% |
| Investing cash flow | $199.94M | -$166.37M | -$26.68M | -$41.16M | +220.2% |
| Share buybacks | -$29.94M | -$11.70M | -$4.51M | -$14.22M | -156.0% |
| Financing cash flow | -$126.30M | $194.22M | -$10.99M | -$19.23M | -165.0% |
| Free cash flow | -$52.28M | $762.00K | $36.95M | $70.37M | -6,961.3% |
| End cash position | $70.09M | $47.27M | $19.22M | $19.94M | +48.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $83.00M | $104.17M | $64.33M | $66.61M | $54.96M | -20.3% |
| Operating revenue | $83.00M | $104.17M | $64.33M | $66.61M | $54.96M | -20.3% |
| Selling, general & admin | $51.41M | $53.16M | $58.84M | $53.71M | $40.54M | -3.3% |
| Net interest income | -$2.77M | -$2.09M | -$1.43M | -$6.18M | -$5.57M | -32.7% |
| Pre-tax income | -$11.67M | -$3.34M | -$30.85M | -$32.08M | -$22.97M | -249.0% |
| Tax provision | $485.00K | -$481.00K | -$1.18M | -$1.24M | -$2.17M | +200.8% |
| Net income | -$14.43M | -$6.85M | -$29.98M | -$112.62M | -$72.70M | -110.6% |
| Net income to common | -$15.17M | -$6.04M | -$29.98M | -$112.62M | -$72.48M | -150.9% |
| Basic EPS | -0.33 | -0.13 | -0.84 | -2.35 | -1.51 | -153.8% |
| Diluted EPS | -0.33 | -0.13 | -0.84 | -2.35 | -1.51 | -153.8% |
| EBIT | -$8.90M | -$1.25M | -$29.42M | -$25.89M | -$17.40M | -609.5% |
| Basic shares | 45.39M | 45.30M | 45.15M | 48.11M | 48.12M | +0.2% |
| Diluted shares | 45.39M | 45.30M | 45.15M | 48.11M | 48.12M | +0.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $79.10M | $93.54M | $68.44M | $51.77M | $46.38M | — | -15.4% |
| Cash & short-term investments | $295.75M | $322.92M | $337.18M | $478.69M | $310.44M | — | -8.4% |
| Accounts receivable | $590.29M | $557.51M | $511.18M | $515.22M | $448.32M | — | +5.9% |
| Goodwill & intangibles | $981.75M | $991.88M | $1.02B | $784.58M | $805.71M | — | -1.0% |
| Total assets | $2.28B | $2.27B | $2.22B | $2.15B | $8.52B | — | +0.6% |
| Current debt | — | $0 | $0 | $0 | $150.00M | $150.00M | — |
| Long-term debt | $155.46M | $117.06M | $117.56M | — | — | — | +32.8% |
| Total debt | $155.46M | $117.06M | $117.56M | $0 | $150.00M | — | +32.8% |
| Total liabilities | $1.27B | $1.24B | $1.14B | $1.00B | $7.30B | — | +2.3% |
| Retained earnings | $348.47M | $363.75M | $370.43M | $491.73M | $607.55M | — | -4.2% |
| Shareholder equity | $698.75M | $712.62M | $715.79M | $843.38M | $859.84M | — | -1.9% |
| Net tangible assets | -$283.00M | -$279.26M | -$299.55M | $58.80M | $54.13M | — | -1.3% |
| Shares issued | 45.02M | 48.88M | 48.88M | 48.88M | 48.88M | — | -7.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$12.16M | -$2.86M | -$29.67M | -$30.84M | -$20.80M | -324.6% |
| Depreciation & amortisation | $12.26M | $12.21M | $13.29M | $9.75M | $9.74M | +0.4% |
| Stock-based compensation | $4.15M | $4.72M | $2.78M | -$10.01M | $14.58M | -12.0% |
| Change in working capital | -$15.05M | -$15.13M | $5.57M | $1.67M | -$11.40M | +0.5% |
| Operating cash flow | -$10.23M | -$10.08M | -$666.00K | -$41.15M | -$41.76M | -1.5% |
| Investing cash flow | $10.31M | $37.71M | -$65.44M | $247.34M | -$16.46M | -72.7% |
| Share buybacks | $0 | $0 | -$26.64M | $0 | -$179.00K | — |
| Financing cash flow | -$14.26M | -$2.13M | $84.43M | -$200.98M | $44.06M | -568.7% |
| Free cash flow | -$10.23M | -$10.08M | -$666.00K | -$41.15M | -$41.76M | -1.5% |
| End cash position | $79.10M | $93.54M | $70.09M | $51.77M | $46.38M | -15.4% |
Options analytics
Put / call volume
0.00
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
3.00
-35.1% from spot
ATM implied vol
12.5%
Nearest strike to spot
Skew (10% OTM)
+12.5%
Puts bid over calls
Call volume
1
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
3.00
0 contracts
Heaviest put OI
4.00
0 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 | -0.01 | -0.04 | -700.0% |
| Mar 2026 | 0.02 | 0.37 | +2,366.7% |
| Dec 2025 | -0.21 | -0.02 | +90.2% |
| Sep 2025 | -0.23 | -0.21 | +8.7% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.05 | 2 | $92.40M | +38.7% |
| Next quarter | -0.11 | 2 | $88.53M | +32.3% |
| Current year | 0.17 | 3 | $362.55M | +44.3% |
| Next year | 0.56 | 3 | $412.08M | +13.7% |
Analyst targets & ownership
Mean target$11.67
High target$15.00
Low target$8.00
Implied upside152.53%
Analyst count3
ConsensusNONE
Strong buy / Buy1 / 2
Hold0
Sell / Strong sell0 / 0
Held by insiders7.91%
Held by institutions69.75%
Institutions holding204
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
4.29
+7.64% from price
SMA 20
4.51
+2.44% from price
SMA 50
4.75
-2.66% from price
SMA 100
5.29
-12.63% from price
SMA 200
5.46
-15.31% from price
EMA 12
4.43
+4.34% from price
EMA 26
4.53
+1.98% from price
EMA 50
4.75
-2.78% from price
RSI (14)
52.9
Neutral
MACD (12,26,9)
-0.10
Hist 0.05
ATR (14)
0.19
4.05% of price
Realised vol 30D
50.2%
Annualised
Bollinger upper
5.14
20, 2σ
Bollinger lower
3.88
20, 2σ
50 / 200 cross
Death
4.75 vs 5.46
Trend bias
Below 200
-15.31%
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
0.05
Less volatile than market
Correlation to SPY
0.01
Largely independent
Realised vol 30D
50.2%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-60.9%
Peak to trough
Max drawdown 5Y
-78.5%
Peak to trough
ATR 14
0.19
4.05% of price
Beta (reported)
0.86
5Y monthly, from filing
Short interest
Shares short
1.74M
Prior 1.57M
Change vs prior
+10.8%
Shorts adding
% of float
4.15%
Normal
% of shares out
3.85%
Against total outstanding
Days to cover
3.4
Liquid
Float
42.46M
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 |
|---|---|---|---|---|
| Nov 12, 25 | Truist Securities | MAINTAINED | Buy | Buy |
| Jul 15, 25 | Truist Securities | INITIATED | — | Buy |
| May 6, 14 | Imperial Capital | DOWNGRADE | Outperform | In-Line |
| Apr 1, 14 | Imperial Capital | UPGRADE | Underperform | Outperform |
| Nov 7, 12 | Barclays | MAINTAINED | — | Underweight |
| Oct 23, 12 | Credit Suisse | DOWNGRADE | Outperform | Neutral |
| Oct 23, 12 | Jefferies | MAINTAINED | — | Hold |
| Oct 22, 12 | Jefferies | MAINTAINED | — | Hold |
| Oct 22, 12 | Dahlman Rose | DOWNGRADE | Hold | Sell |
| Oct 22, 12 | Clarkson Capital Markets | DOWNGRADE | Outperform | Market Perform |
| Oct 22, 12 | Deutsche Bank | MAINTAINED | — | Hold |
| Oct 22, 12 | Jefferies | MAINTAINED | — | Hold |
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
Periodic Financial Reports
10-Q · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-05-29
Proxy Statements
DEFA14A · 2026-05-14
Periodic Financial Reports
10-Q · 2026-05-06
Annual Report to Shareholders
ARS · 2026-04-10
Corporate Changes & Voting Matters
8-K · 2026-04-07
Periodic Financial Reports
10-K · 2026-03-04
Corporate Changes & Voting Matters
8-K · 2026-02-23
Headlines
E&S MGA Pivix Launches Assault & Battery Program
Business Wire · 8d ago
Octave Specialty Group Appoints Philip Stefano Head of Investor Relations
Business Wire · 29d ago
AM Best Affirms Credit Ratings of Everspan Indemnity Insurance Company and Its Affiliates
Business Wire · 54d ago
Octave Specialty Group (OSG) Q2 2026 Earnings Call Transcript
Motley Fool · 54d ago
OSG Q2 Earnings Miss Estimates, Revenues Beat on Distribution Growth
Zacks · 58d ago
OSG Q2 Earnings Call Focuses on MGA Growth and Mixed Guidance
Zacks · 58d ago
Octave Specialty Group Q2 Earnings Call Highlights
MarketBeat · 59d ago
Octave Specialty Group (OSG) Reports Q2 Loss, Beats Revenue Estimates
Zacks · 61d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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