Grindr (GRND)
Market Price (2/22/2026): $11.24 | Market Cap: $2.1 BilSector: Information Technology | Industry: Application Software
Grindr (GRND)
Market Price (2/22/2026): $11.24Market Cap: $2.1 BilSector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 29% | Weak multi-year price returns2Y Excs Rtn is -4.8% | Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 12% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 28% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.6% | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 36%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34% | Key risksGRND key risks include [1] regulatory scrutiny over its handling of sensitive LGBTQ+ user data and [2] governance uncertainty stemming from board investigations and significant insider selling. | |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -32% | ||
| Attractive yieldFCF Yield is 6.5% | ||
| Megatrend and thematic driversMegatrends include Social Media & Creator Economy. Themes include Social Media Platforms. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 29% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 28% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 36%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -32% |
| Attractive yieldFCF Yield is 6.5% |
| Megatrend and thematic driversMegatrends include Social Media & Creator Economy. Themes include Social Media Platforms. |
| Weak multi-year price returns2Y Excs Rtn is -4.8% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 12% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.6% |
| Key risksGRND key risks include [1] regulatory scrutiny over its handling of sensitive LGBTQ+ user data and [2] governance uncertainty stemming from board investigations and significant insider selling. |
Qualitative Assessment
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Grindr (GRND) stock has lost about 20% since 10/31/2025 because of the following key factors:
1. Failure of Take-Private Proposal Removed Stock Premium.
Grindr's stock significantly declined after the Special Committee of its Board of Directors ceased engagement on a non-binding, unsolicited take-private proposal by major shareholders Ray Zage and James Lu. The proposal, confirmed on October 24, 2025, was to acquire Grindr for $18.00 per share in cash. However, by November 26, 2025, the committee halted discussions due to "continued uncertainty about the definitive financing" for the transaction. This collapse removed the acquisition premium that had been supporting the stock price.
2. Substantial Insider Selling Indicated Weakened Confidence.
Major shareholder James Fu Bin Lu executed significant insider sales during the period. On February 5, 2026, Lu sold 600,000 shares of Grindr stock, totaling approximately $6.04 million at an average price of $10.07 per share. This transaction, exceeding the $5 million threshold, was part of a broader selling trend where Lu divested a cumulative 1,450,000 shares for approximately $14.6 million between February 4 and February 6, 2026. Such substantial insider selling can signal a lack of confidence from key stakeholders.
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1. Failure of Take-Private Proposal Removed Stock Premium.
Grindr's stock significantly declined after the Special Committee of its Board of Directors ceased engagement on a non-binding, unsolicited take-private proposal by major shareholders Ray Zage and James Lu. The proposal, confirmed on October 24, 2025, was to acquire Grindr for $18.00 per share in cash. However, by November 26, 2025, the committee halted discussions due to "continued uncertainty about the definitive financing" for the transaction. This collapse removed the acquisition premium that had been supporting the stock price.
2. Substantial Insider Selling Indicated Weakened Confidence.
Major shareholder James Fu Bin Lu executed significant insider sales during the period. On February 5, 2026, Lu sold 600,000 shares of Grindr stock, totaling approximately $6.04 million at an average price of $10.07 per share. This transaction, exceeding the $5 million threshold, was part of a broader selling trend where Lu divested a cumulative 1,450,000 shares for approximately $14.6 million between February 4 and February 6, 2026. Such substantial insider selling can signal a lack of confidence from key stakeholders.
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Stock Movement Drivers
Fundamental Drivers
The -18.9% change in GRND stock from 10/31/2025 to 2/21/2026 was primarily driven by a -26.5% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 2212026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.86 | 11.24 | -18.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 385 | 412 | 6.9% |
| P/S Multiple | 7.1 | 5.2 | -26.5% |
| Shares Outstanding (Mil) | 196 | 190 | 3.3% |
| Cumulative Contribution | -18.9% |
Market Drivers
10/31/2025 to 2/21/2026| Return | Correlation | |
|---|---|---|
| GRND | -18.9% | |
| Market (SPY) | 1.1% | 18.6% |
| Sector (XLK) | -6.3% | 17.3% |
Fundamental Drivers
The -35.7% change in GRND stock from 7/31/2025 to 2/21/2026 was primarily driven by a -43.3% change in the company's P/S Multiple.| (LTM values as of) | 7312025 | 2212026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.48 | 11.24 | -35.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 363 | 412 | 13.3% |
| P/S Multiple | 9.1 | 5.2 | -43.3% |
| Shares Outstanding (Mil) | 190 | 190 | 0.0% |
| Cumulative Contribution | -35.7% |
Market Drivers
7/31/2025 to 2/21/2026| Return | Correlation | |
|---|---|---|
| GRND | -35.7% | |
| Market (SPY) | 9.4% | 21.3% |
| Sector (XLK) | 7.4% | 20.3% |
Fundamental Drivers
The -37.0% change in GRND stock from 1/31/2025 to 2/21/2026 was primarily driven by a -47.4% change in the company's P/S Multiple.| (LTM values as of) | 1312025 | 2212026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.84 | 11.24 | -37.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 319 | 412 | 29.0% |
| P/S Multiple | 9.8 | 5.2 | -47.4% |
| Shares Outstanding (Mil) | 176 | 190 | -7.2% |
| Cumulative Contribution | -37.0% |
Market Drivers
1/31/2025 to 2/21/2026| Return | Correlation | |
|---|---|---|
| GRND | -37.0% | |
| Market (SPY) | 15.6% | 27.2% |
| Sector (XLK) | 22.6% | 27.5% |
Fundamental Drivers
The 103.6% change in GRND stock from 1/31/2023 to 2/21/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 1312023 | 2212026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.52 | 11.24 | 103.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 412 | 0.0% |
| P/S Multiple | � | 5.2 | 0.0% |
| Shares Outstanding (Mil) | 174 | 190 | -8.5% |
| Cumulative Contribution | 0.0% |
Market Drivers
1/31/2023 to 2/21/2026| Return | Correlation | |
|---|---|---|
| GRND | 103.6% | |
| Market (SPY) | 75.9% | 26.9% |
| Sector (XLK) | 111.5% | 24.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| GRND Return | -5% | -54% | 89% | 103% | -24% | -20% | 2% |
| Peers Return | -8% | -34% | -15% | 89% | -56% | -8% | -60% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 0% | 83% |
Monthly Win Rates [3] | |||||||
| GRND Win Rate | 67% | 75% | 67% | 50% | 33% | 0% | |
| Peers Win Rate | 50% | 25% | 52% | 78% | 38% | 20% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| GRND Max Drawdown | -7% | -54% | 0% | -8% | -33% | -27% | |
| Peers Max Drawdown | -18% | -42% | -36% | -7% | -66% | -32% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ADSK, HIT, BMR, KNRX, RPGL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/20/2026 (YTD)
How Low Can It Go
| Event | GRND | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -87.3% | -25.4% |
| % Gain to Breakeven | 684.9% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
Compare to ADSK, HIT, BMR, KNRX, RPGL
In The Past
Grindr's stock fell -87.3% during the 2022 Inflation Shock from a high on 11/18/2022. A -87.3% loss requires a 684.9% gain to breakeven.
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About Grindr (GRND)
Tiga Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is headquartered in Singapore.
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- Tinder for the gay community.
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- Grindr Mobile Application: A free social networking and dating service connecting gay, bi, trans, and queer individuals globally.
- Grindr XTRA: A premium subscription tier providing an ad-free experience, enhanced filters, more profile views, and other expanded features within the Grindr app.
- Grindr Unlimited: The highest-tier subscription service offering all Grindr XTRA features along with exclusive benefits such as incognito mode and the ability to unsend messages.
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Grindr (GRND) primarily sells its services directly to individual users, rather than to other companies. Its revenue is generated through subscriptions (Grindr XTRA and Grindr Unlimited) and advertising displayed within the app.
Based on user motivations and engagement patterns, Grindr serves the following categories of individual customers:
- Individuals seeking short-term, casual encounters or hookups: This is a significant segment of Grindr's user base, leveraging the app's location-based features for immediate and casual connections.
- Individuals seeking longer-term romantic relationships or dating: Another category of users utilizes Grindr as a dating platform with the intention of finding more serious or committed relationships.
- Individuals seeking social connection, friendship, and community: Many users engage with Grindr not solely for romantic or sexual purposes, but also to connect with other LGBTQ+ individuals for friendship, networking, or to feel part of a broader community, especially in areas where physical LGBTQ+ spaces might be limited.
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- Alphabet Inc. (GOOGL)
- Apple Inc. (AAPL)
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George Arison, Chief Executive Officer
George Arison has served as the CEO of Grindr since October 2022, leading the company's vision for a world where its global community in over 190 countries is free, equal, and just. He brings extensive entrepreneurial experience to his role. Arison co-founded Taxi Magic (now known as Curb) in 2007, which pioneered the use of mobile applications for on-demand ground transportation. In 2014, he co-founded Shift, an online marketplace for buying and selling used cars, which he took public in 2020 through a merger with a Special Purpose Acquisition Company (SPAC). He also founded Pulsar AI, an conversational AI platform for the auto industry, which was later acquired. Arison previously worked as a product manager at Google and a consultant at Boston Consulting Group.
John North, Chief Financial Officer
John North joined Grindr as Chief Financial Officer in October 2025. He possesses over two decades of experience leading high-growth public companies, having served as both CEO and CFO at Fortune 500 and S&P 500 global organizations. Most recently, North was the CEO of Lazydays Holdings. His prior CFO roles include positions at Copart, Avis Budget Group, and Lithia & Driveway. North also serves as a Non-Executive Board Member of XPEL, where he chairs the Compensation Committee.
AJ Balance, Chief Product Officer
AJ Balance has served as Grindr's Chief Product Officer since December 2021. Before joining Grindr, Mr. Balance was the lead product manager of the Driving Team at Uber Technologies from 2016 to 2019. He also co-founded and served as Chief Executive Officer of Dispatcher, Inc., a logistics technology platform, from 2013 to 2016. Earlier in his career, he was a product manager at Gigwalk and an analyst in corporate strategy and business development at The Walt Disney Company.
Zac Katz, General Counsel and Head of Global Affairs
Zac Katz joined Grindr in September 2023 as General Counsel and Head of Global Affairs, reporting to CEO George Arison. He brings over two decades of experience in law, technology, and government. Prior to Grindr, Katz was the Chief Legal & Corporate Affairs Officer at Age of Learning, an education technology company. He also served in the Obama Administration as Chief of Staff and Chief Counsel of the Federal Communications Commission, and in the White House Counsel's Office.
Tristan Pineiro, Senior Vice President of Brand Marketing and Communications
Tristan Pineiro was appointed Senior Vice President of Brand Marketing and Communications at Grindr in September 2023. He leads the company's integrated brand marketing and communications functions, reporting directly to the CEO. Pineiro has over 20 years of experience in brand building and communications, having previously led global teams at companies such as mobile gaming company King (for Candy Crush), dating app Badoo (part of Bumble), and Netflix.
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Grindr (GRND) faces several key risks to its business operations and financial performance:- Regulatory and Data Privacy Challenges: Grindr operates in a highly sensitive sector involving personal and potentially private user data, particularly within the LGBTQ+ community. The company is subject to complex and evolving U.S. and international laws and regulations concerning data privacy, protection, and user safety. Compliance failures or regulatory actions can lead to significant monetary penalties, negative publicity, and increased operational costs. For instance, an Oslo District Court upheld a decision against Grindr related to its data practices. Maintaining user trust and protecting systems from cyber-attacks and unauthorized data access are critical to mitigating these risks.
- Intense Competition and User Growth/Retention: The online dating and social networking market is highly competitive, with numerous players vying for user attention. Grindr's ability to retain its existing user base and attract new users is fundamental to its sustained growth. There are indications of slowing monthly active user (MAU) growth, and a failure to continually improve the product or address user needs could negatively impact user engagement and retention. Product mismanagement could also lead to a decline in user growth and future monetization opportunities.
- Governance Uncertainty and Insider Actions: Grindr has faced scrutiny regarding its corporate governance, including an investigation into the Board's fiduciary duties. Concerns have also been raised about insider selling activity, which can negatively affect investor confidence and sentiment. Discussions around the company potentially returning to private ownership, driven by financial challenges faced by major stakeholders, also highlight underlying governance and financial stability concerns.
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The addressable market for Grindr's main product, a location-based social networking and online dating application for LGBTQ+ individuals, is primarily the global LGBTQ+ dating app market.
The global LGBTQ+ dating app market was valued at approximately USD 935.9 million in 2024 and is projected to grow to USD 1,023 million in 2025. It is expected to reach USD 2.5 billion by 2035, demonstrating a compound annual growth rate (CAGR) of around 9.3% from 2025 to 2035. Another estimate values the global LGBTQ+ dating app market at USD 1.5 billion in 2024, with a projected growth to USD 3.2 billion by 2033 at a CAGR of 9.3% from 2026 to 2033. Some reports also indicate the market was estimated at USD 2 billion in 2025 and is projected to reach USD 6 billion by 2033, growing at a CAGR of 15% from 2025 to 2033.
Regionally, North America represents a significant portion of this market. The LGBTQ+ dating app market in North America was valued at USD 450 million in 2024 and is projected to reach USD 1.1 billion by 2035.
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Grindr (GRND) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:
- Subscription Price Increases: Grindr is actively testing subscription price hikes in various markets and anticipates a global rollout of these changes early next year. These adjustments are expected to contribute to revenue growth.
- Introduction of an AI-Powered Premium Tier: The company plans to launch a new AI-powered premium subscription tier for "power users" in late 2026, with significant acceleration expected in 2027. This new offering is designed to become a substantial revenue stream.
- Continued User Growth and Enhanced Engagement: Grindr attributes its strong performance to growth in monthly active users (MAU), paying users, and average revenue per user (ARPPU), supported by robust engagement metrics. The platform's ability to attract and monetize both younger and older user cohorts is a consistent driver of long-term monetization potential.
- International Expansion: Grindr is strategically focusing on global growth, with executives highlighting the importance of international markets and outlining plans for expansion to capture significant growth opportunities outside its existing core markets.
- Growth in the Advertising Business: The advertising business demonstrated strong outperformance in Q3 2025, driven by successful engagement with international third-party advertising partners. Grindr continues to build out its third-party advertising platform, indicating ongoing efforts to expand this revenue stream.
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Share Repurchases
- Grindr announced a two-year share repurchase program of up to $500 million, authorized by its board of directors on March 5, 2025.
- As of September 19, 2025, Grindr's largest shareholder, G. Raymond Zage, III, surpassed 50% beneficial ownership of the company's outstanding common stock following recent share repurchases.
Share Issuance
- Grindr went public on November 18, 2022, through a merger with Tiga Acquisition Corp., a special purpose acquisition company (SPAC).
- The SPAC merger deal provided Grindr with an estimated $384 million in proceeds.
- In connection with the redemption of outstanding warrants, 3,418,518 shares of common stock were issued from the cashless exercise of 9,469,634 warrants as of January 23, 2025.
Inbound Investments
- In 2020, San Vicente Acquisition LLC, established by G. Raymond Zage III and James Lu, acquired Grindr for approximately $608 million.
- On October 24, 2025, Tiga Investments, led by G. Raymond Zage III, offered to acquire all outstanding shares for $18 per share, valuing the company at $3.5 billion.
- This proposed take-private deal by majority owners Raymond Zage and James Lu, who collectively own over 60% of Grindr, plans to be financed through a combination of equity rollover, a $1 billion first-lien term loan, and up to $100 million in new cash equity from the proposing shareholders.
Capital Expenditures
- Grindr's annual capital expenditures were $5.59 million in 2022, $4.23 million in 2023, and $5.345 million in 2024.
- Quarterly capital expenditures were $1.258 million for Q4 2024, $628K for Q1 2025, and $880K for Q2 2025.
- The company's product roadmap, which includes developing new features and expanding "Gayborhood" services, with a focus on leveraging AI, indicates a primary focus for its capital expenditures on technology and product development.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Grindr Earnings Notes | 12/28/2026 | |
| Time To Buy Grindr Stock? | 11/25/2025 | |
| How Low Can Grindr Stock Really Go? | 11/25/2025 | |
| GRND's One-Month Drop Offers a Chance to Reevaluate LLY | 08/18/2025 | |
| Grindr (GRND) Operating Cash Flow Comparison | 08/08/2025 | |
| Grindr (GRND) Debt Comparison | 08/08/2025 | |
| Grindr (GRND) EBITDA Comparison | 08/08/2025 | |
| ARTICLES | ||
| Grindr Stock To $16? | 11/25/2025 | |
| Can Grindr Stock Recover If Markets Fall? | 11/25/2025 | |
| Has GRND Stock Become A Bargain After Dropping 25%? | 08/15/2025 | |
| After INTU’s 5.7% Single Day Slide, GRND Looks Like the Stronger Long-Term Play | 08/12/2025 | |
| Has GRND Stock Become A Bargain After Dropping 21%? | 08/06/2025 |
Trade Ideas
Select ideas related to GRND.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 01302026 | ROP | Roper Technologies | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -13.4% | -13.4% | -13.8% |
| 01302026 | TDC | Teradata | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 17.7% | 17.7% | -8.7% |
| 01302026 | CVLT | CommVault Systems | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 2.3% | 2.3% | -5.1% |
| 01302026 | NTNX | Nutanix | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 6.2% | 6.2% | -6.3% |
| 01302026 | FICO | Fair Isaac | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -8.1% | -8.1% | -9.2% |
| 10102025 | GRND | Grindr | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -15.7% | -15.7% | -17.6% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 1.66 |
| Mkt Cap | 2.1 |
| Rev LTM | 412 |
| Op Inc LTM | 115 |
| FCF LTM | 139 |
| FCF 3Y Avg | 886 |
| CFO LTM | 146 |
| CFO 3Y Avg | 926 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 29.0% |
| Rev Chg 3Y Avg | 22.5% |
| Rev Chg Q | 29.6% |
| QoQ Delta Rev Chg LTM | 6.9% |
| Op Mgn LTM | 23.9% |
| Op Mgn 3Y Avg | 23.2% |
| QoQ Delta Op Mgn LTM | 0.9% |
| CFO/Rev LTM | 31.3% |
| CFO/Rev 3Y Avg | 27.1% |
| FCF/Rev LTM | 30.2% |
| FCF/Rev 3Y Avg | 25.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.1 |
| P/S | 5.2 |
| P/EBIT | 31.4 |
| P/E | 43.5 |
| P/CFO | 22.4 |
| Total Yield | 2.1% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 3.1% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -13.9% |
| 3M Rtn | -16.6% |
| 6M Rtn | -47.4% |
| 12M Rtn | -45.4% |
| 3Y Rtn | -51.4% |
| 1M Excs Rtn | -11.0% |
| 3M Excs Rtn | -22.7% |
| 6M Excs Rtn | -54.5% |
| 12M Excs Rtn | -59.3% |
| 3Y Excs Rtn | -118.4% |
Price Behavior
Price Behavior
| Market Price | $11.24 | |
| Market Cap ($ Bil) | 2.1 | |
| First Trading Date | 01/14/2021 | |
| Distance from 52W High | -54.5% | |
| 50 Days | 200 Days | |
| DMA Price | $12.26 | $16.39 |
| DMA Trend | down | down |
| Distance from DMA | -8.3% | -31.4% |
| 3M | 1YR | |
| Volatility | 33.6% | 50.9% |
| Downside Capture | 209.98 | 125.82 |
| Upside Capture | 38.04 | 58.66 |
| Correlation (SPY) | 17.9% | 27.4% |
GRND Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.26 | 0.47 | 0.07 | 0.78 | 0.66 | 0.80 |
| Up Beta | 0.68 | 0.39 | -2.34 | -0.00 | 0.59 | 0.56 |
| Down Beta | 0.04 | 0.08 | 0.17 | 0.74 | 0.61 | 0.94 |
| Up Capture | -152% | -4% | -5% | 18% | 31% | 83% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 5 | 16 | 24 | 49 | 113 | 368 |
| Down Capture | 252% | 153% | 121% | 166% | 103% | 94% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 15 | 23 | 35 | 73 | 131 | 361 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GRND | |
|---|---|---|---|---|
| GRND | -37.9% | 50.8% | -0.77 | - |
| Sector ETF (XLK) | 17.0% | 27.5% | 0.55 | 28.0% |
| Equity (SPY) | 13.5% | 19.4% | 0.53 | 27.7% |
| Gold (GLD) | 74.5% | 25.6% | 2.15 | 4.2% |
| Commodities (DBC) | 7.2% | 16.9% | 0.25 | 16.1% |
| Real Estate (VNQ) | 7.1% | 16.7% | 0.24 | 20.3% |
| Bitcoin (BTCUSD) | -29.7% | 44.9% | -0.65 | 21.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GRND | |
|---|---|---|---|---|
| GRND | 0.2% | 108.5% | 0.29 | - |
| Sector ETF (XLK) | 16.1% | 24.8% | 0.59 | 7.5% |
| Equity (SPY) | 13.4% | 17.0% | 0.62 | 8.3% |
| Gold (GLD) | 22.6% | 17.1% | 1.08 | -0.1% |
| Commodities (DBC) | 10.9% | 19.0% | 0.46 | -0.0% |
| Real Estate (VNQ) | 5.0% | 18.8% | 0.17 | 8.7% |
| Bitcoin (BTCUSD) | 7.4% | 57.1% | 0.35 | 4.2% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GRND | |
|---|---|---|---|---|
| GRND | 0.5% | 107.7% | 0.29 | - |
| Sector ETF (XLK) | 23.3% | 24.2% | 0.88 | 7.5% |
| Equity (SPY) | 16.1% | 17.9% | 0.77 | 8.3% |
| Gold (GLD) | 14.8% | 15.6% | 0.79 | -0.1% |
| Commodities (DBC) | 8.6% | 17.6% | 0.40 | 0.1% |
| Real Estate (VNQ) | 7.0% | 20.7% | 0.30 | 8.7% |
| Bitcoin (BTCUSD) | 68.0% | 66.7% | 1.07 | 4.2% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | 11.0% | 5.8% | -1.3% |
| 8/7/2025 | -12.3% | -8.7% | -12.4% |
| 5/8/2025 | -1.8% | -3.8% | -5.0% |
| 1/23/2025 | 8.1% | 6.1% | 13.7% |
| 11/7/2024 | 1.6% | -3.0% | 4.9% |
| 8/8/2024 | 8.5% | 9.0% | 10.6% |
| 3/7/2024 | 7.3% | 13.3% | 22.8% |
| 11/13/2023 | 15.7% | 14.5% | 41.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 7 | 6 | 6 |
| # Negative | 5 | 6 | 6 |
| Median Positive | 8.5% | 11.1% | 18.3% |
| Median Negative | -4.2% | -6.1% | -8.7% |
| Max Positive | 15.7% | 16.8% | 41.8% |
| Max Negative | -12.3% | -11.7% | -23.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/07/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 03/11/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 03/17/2023 | 10-K |
| 06/30/2022 | 10/19/2022 | S-4/A |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Richardson, Nathan | Direct | Sell | 1062026 | 13.66 | 1,500 | 20,490 | 195,789 | Form | |
| 2 | Lu, James Fu Bin | Direct | Sell | 12302025 | 13.50 | 3,628 | 48,978 | 6,909,746 | Form | |
| 3 | Lu, James Fu Bin | Direct | Sell | 12292025 | 13.80 | 100,000 | 1,380,000 | 7,720,479 | Form | |
| 4 | Lu, James Fu Bin | Direct | Sell | 12292025 | 13.51 | 43,994 | 594,359 | 6,963,878 | Form | |
| 5 | Zage, George Raymond Iii | Direct | Buy | 12092025 | 13.51 | 50,000 | 675,500 | 109,610,453 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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