RCAT

Red Cat Holdings, Inc.
NasdaqCMUSDEQUITY Industrials DELAYED
Last price
6.37
▲ 0.03 (0.39%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
6.40
Prev close
6.35
Day high
6.48
Day low
6.30
Volume
4.82M
Market cap
$968.21M
P/E (TTM)
—
52W range
5.77 – 18.78

Day trading desk

Current session · delayed
Gap from prior close
+0.85%
Prior close 6.34
VWAP
6.37
+0.04% from price
Relative volume
1.04×
Normal
Session range
2.86%
6.30 – 6.48
Position in range
39%
Mid range
ATR (14D)
0.30
4.78% of price
Prior day high
6.55
PDH
Prior day low
6.30
PDL
Bid / ask spread
—
Quote not published
Session volume
8.64M
Avg 8.31M

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

Price return · vs SPY
Returnvs SPY
1W
-1.71% -3.7%
1M
-24.25% -25.4%
3M
-30.86% -35.4%
6M
-47.52% -65.7%
YTD
-20.05% -34.3%
1Y
-50.81% -67.2%
3Y
+554.28% +472.0%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on RCAT 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

6m · Form 4 rollup
Net shares
-723.35K
Net selling
Buy transactions
8
41.68K shares
Sell transactions
7
765.03K shares
Net transactions
+15
Buys less sells
Sell : buy shares
18.4 : 1
Heavily one-sided
Insider-held shares
13.35M
Total on file
Bought 41.68KSold 765.03K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 15, 26
THOMPSON JEFFREY M
Chief Executive Officer
SELL 150.00K $1.16M Direct
Aug 28, 26
LIUZZA NICHOLAS REYLAND JR
Director
SELL 65.00K $552.50K Direct
Aug 17, 26
THOMPSON JEFFREY M
Chief Executive Officer
SELL 150.00K $1.57M Direct
Aug 11, 26
LIUZZA NICHOLAS REYLAND JR
Director
SELL 55.00K $584.65K Direct
Aug 11, 26
MOE CHRISTOPHER R.
Director
SELL 30.00K $310.60K Direct
Jul 15, 26
THOMPSON JEFFREY M
Chief Executive Officer
SELL 150.00K $1.28M Direct
Jun 11, 26
FUNK PAUL E. II
Director
SELL 165.03K $1.90M Direct
Apr 30, 26
LIUZZA NICHOLAS REYLAND JR
Director
— 7.43K — Direct
Apr 30, 26
FREEDMAN JOSEPH DAVID
Director
— 7.43K — Direct
Apr 30, 26
MOE CHRISTOPHER R.
Director
— 7.43K — Direct
Apr 30, 26
FUNK PAUL E. II
Director
— 7.43K — Direct
Apr 6, 26
THOMPSON JEFFREY M
Chief Executive Officer
— 5.29K — Direct
Mar 31, 26
HITCHCOCK GEOFFREY WAYNE
Officer
— 2.17K — Direct
Mar 31, 26
ERICSON CHRISTIAN
Chief Operating Officer
— 4.07K — 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.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
ERICSON CHRISTIAN
Chief Operating Officer 28.92K Conversion of Exercise of derivative security
FREEDMAN JOSEPH DAVID
Director 342.69K Conversion of Exercise of derivative security
FUNK PAUL E. II
Director 0 Sale
HITCHCOCK GEOFFREY WAYNE
Officer 206.52K Conversion of Exercise of derivative security
LIUZZA NICHOLAS REYLAND JR
Director 424.87K Sale
LUNGER LEAH
Chief Financial Officer 328.86K Conversion of Exercise of derivative security
MATUS GEORGE MICHAEL
Officer 304.41K Sale
MOE CHRISTOPHER R.
Director 200.50K Sale
MORRISON CHRISTIAN SPENST
Chief Financial Officer 277 Conversion of Exercise of derivative security
THOMPSON JEFFREY M
Chief Executive Officer 11.71M Sale

Fundamentals

TTM · reported
Market cap$968.21M
Enterprise value$657.53M
Revenue (TTM)$71.54M
Gross profit$6.97M
EBITDA$-103.98M
Net income$-97.48M
EPS (TTM)$-0.80
Free cash flow$-117.06M
Total cash$325.55M
Total debt$14.87M
Book value / share$3.09
Shares outstanding152.71M
Float139.78M
Short % of float26.67%
Dividend yield0.00%
Beta (5Y)1.52

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E-11.42
PEG ratio—
Price / sales—
Price / book2.05
EV / revenue9.19
EV / EBITDA-6.32
Gross margin9.75%
Operating margin-191.42%
Profit margin-136.26%
Return on equity-34.40%
Return on assets-20.69%
Debt / equity3.16
Current ratio14.86
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $40.73M$17.84M$4.62M$6.43M +128.4%
Operating revenue $40.73M$17.84M$4.62M$6.43M +128.4%
Cost of revenue $39.45M$14.15M$5.46M$5.50M +178.7%
Gross profit $1.27M$3.68M-$834.31K$925.51K -65.4%
Research & development $17.89M$6.27M$5.86M$2.61M +185.5%
Selling, general & admin $49.98M$16.30M$16.82M$9.97M +206.6%
Total operating expense $67.87M$22.57M$22.68M$13.93M +200.8%
Operating income -$66.60M-$18.89M-$23.51M-$13.00M -252.6%
Net interest income $2.71M-$69.00K-$122.00K-$147.72K +4,029.0%
Pre-tax income -$71.63M-$21.53M-$26.38M-$11.69M -232.8%
Tax provision $443.00K$0—— —
Net income -$72.08M-$24.05M-$28.11M-$11.69M -199.7%
Net income to common -$72.08M-$24.05M-$28.11M-$11.69M -199.7%
Basic EPS -0.73-0.40-0.52-0.24 -82.5%
Diluted EPS -0.73-0.40-0.52-0.24 -82.5%
EBIT -$66.60M-$18.89M-$23.51M-$11.54M -252.6%
EBITDA -$64.33M-$17.46M-$22.54M-$11.28M -268.4%
Basic shares 98.96M60.12M53.86M48.22M +64.6%
Diluted shares 98.96M60.12M53.86M48.22M +64.6%

Options analytics

Account required
Put / call volume
0.43
Call-heavy session
Put / call open interest
1.17
Positioning, not flow
Max pain
6.50
+2.5% from spot
ATM implied vol
75.0%
Nearest strike to spot
Skew (10% OTM)
+6.2%
Puts bid over calls
Call volume
1.60K
Contracts, this expiry
Put volume
682
Contracts, this expiry
Heaviest call OI
7.00
1.61K contracts
Heaviest put OI
5.00
3.06K 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.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 -0.17-0.23 -34.9%
Mar 2026 -0.12-0.22 -88.6%
Dec 2025 -0.15-0.17 -13.3%
Sep 2025 -0.10-0.16 -60.0%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -0.21 2 $41.13M +326.4%
Next quarter -0.14 2 $74.35M +183.4%
Current year -0.74 2 $150.98M +270.7%
Next year -0.56 2 $219.19M +45.2%

Analyst targets & ownership

Account required
Mean target$16.50
High target$25.00
Low target$9.00
Implied upside159.03%
Analyst count8
ConsensusNONE
Strong buy / Buy1 / 6
Hold1
Sell / Strong sell0 / 0
Held by insiders8.74%
Held by institutions57.48%
Institutions holding369
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
6.49
-1.81% from price
SMA 20
6.98
-9.20% from price
SMA 50
8.20
-22.67% from price
SMA 100
9.23
-30.98% from price
SMA 200
10.94
-42.04% from price
EMA 12
6.64
-4.08% from price
EMA 26
7.23
-11.86% from price
EMA 50
7.95
-19.86% from price
RSI (14)
31.5
Neutral
MACD (12,26,9)
-0.59
Hist 0.00
ATR (14)
0.30
4.81% of price
Realised vol 30D
56.7%
Annualised
Bollinger upper
8.24
20, 2σ
Bollinger lower
5.73
20, 2σ
50 / 200 cross
Death
8.20 vs 10.94
Trend bias
Below 200
-42.04%

Options chain

Account required
Expiry
Spot 6.37
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
3.66
More volatile than market
Correlation to SPY
0.44
Loosely linked
Realised vol 30D
56.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-63.5%
Peak to trough
Max drawdown 5Y
-82.8%
Peak to trough
ATR 14
0.30
4.81% of price
Beta (reported)
1.52
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
37.06M
Prior 30.38M
Change vs prior
+22.0%
Shorts adding
% of float
26.67%
Heavily shorted
% of shares out
24.27%
Against total outstanding
Days to cover
5.9
Crowded exit
Float
139.78M
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

14 on file
DateFirm ActionFromTo
Sep 2, 26 Piper Sandler INITIATED — Neutral
Aug 31, 26 Evercore ISI Group INITIATED — Outperform
Aug 7, 26 HC Wainwright & Co. MAINTAINED Buy Buy
Aug 7, 26 Needham MAINTAINED Buy Buy
Jun 1, 26 Roth Capital INITIATED — Buy
May 27, 26 HC Wainwright & Co. INITIATED — Buy
Mar 19, 26 Needham MAINTAINED Buy Buy
Mar 3, 26 Ladenburg Thalmann MAINTAINED Buy Buy
Mar 2, 26 Needham MAINTAINED Buy Buy
Jan 13, 26 Needham MAINTAINED Buy Buy
Nov 14, 25 Needham MAINTAINED Buy Buy
Oct 3, 25 Needham INITIATED — Buy

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay dateAug 1, 2019
Last split1:1200
Split dateAug 1, 2019

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.