NHLD National

National Holdings Corp. engages in the provision of investment banking services. It operates through the following segments: Brokerage and Advisory Services and Tax and Accounting Services. The Brokerage and Advisory Services segment includes broker-dealer and investment advisory services, sale of insurance products and licensed mortgage brokerage services. The Tax and Accounting Services segment includes tax preparation and accounting services provided by National Tax. The company was founded in 1947 and is headquartered in New York, NY.
Company profile
Ticker
NHLD
Exchange
Website
CEO
Michael Mullen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
OLYMPIC CASCADE FINANCIAL CORP
SEC CIK
Corporate docs
IRS number
364128138
NHLD stock data
()
Press releases
B. Riley Financial Completes Acquisition of National Holdings Corporation, Creates Meaningfully Enhanced Wealth Management Platform
25 Feb 21
B. Riley Financial Announces Final Results of Cash Tender Offer for National Holdings Corporation
25 Feb 21
Quantum Computing Inc. Appoints Robert B. Fagenson, National Holdings Vice Chairman and Former NYSE Floor Governor and Vice Chairman, to its Board of Directors
23 Feb 21
INVESTIGATION ALERT: Halper Sadeh LLP Investigates NHLD, FFG, CPAH, MDCA; Shareholders Are Encouraged to Contact the Firm
6 Feb 21
INVESTIGATION ALERT: Halper Sadeh LLP Investigates MDCA, NHLD, COHR, UROV; Shareholders Are Encouraged to Contact the Firm
4 Feb 21
Investment data
Securities sold
Number of investors
Calendar
15 Feb 21
13 Apr 21
30 Sep 21
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Annual (USD) |
Sep 20 | Sep 19 | Sep 18 | Sep 17 | |
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Financial data from National earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 27.97M | 27.97M | 27.97M | 27.97M | 27.97M | 27.97M |
Cash burn (monthly) | 108K | (positive/no burn) | 432K | 622.75K | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | 371.76K | n/a | 1.49M | 2.14M | n/a | n/a |
Cash remaining | 27.59M | n/a | 26.48M | 25.82M | n/a | n/a |
Runway (months of cash) | 255.5 | n/a | 61.3 | 41.5 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Feb 21 | Daniel Hume | Common Stock | Dispose U | No | No | 3.25 | 62,151 | 201.99K | 0 | |
25 Feb 21 | Daniel Hume | RSU Common Stock | Sale back to company | Dispose D | No | No | 3.25 | 46,602 | 151.46K | 0 |
25 Feb 21 | Michael Evan Singer | Common Stock | Dispose U | No | No | 3.25 | 33,397 | 108.54K | 0 | |
25 Feb 21 | Michael Evan Singer | RSU Common Stock | Sale back to company | Dispose D | No | No | 3.25 | 3,602 | 11.71K | 0 |
25 Feb 21 | Worman Glenn C. | Common Stock | Dispose U | No | No | 3.25 | 118,502 | 385.13K | 0 | |
25 Feb 21 | Worman Glenn C. | RSU Common Stock | Sale back to company | Dispose D | No | No | 3.25 | 531,251 | 1.73M | 0 |
25 Feb 21 | DeSena John C. | Common Stock | Dispose U | No | No | 3.25 | 75,626 | 245.78K | 0 | |
25 Feb 21 | DeSena John C. | RSU Common Stock | Sale back to company | Dispose D | No | No | 3.25 | 332,465 | 1.08M | 0 |
25 Feb 21 | Jeff Gary | Common Stock | Dispose U | No | No | 3.25 | 16,667 | 54.17K | 0 | |
25 Feb 21 | Jeff Gary | RSU Common Stock | Sale back to company | Dispose D | No | No | 3.25 | 66,013 | 214.54K | 0 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
13F holders |
Current |
---|---|
Total holders | 18 |
Opened positions | 4 |
Closed positions | 5 |
Increased positions | 3 |
Reduced positions | 5 |
13F shares |
Current |
---|---|
Total value | 42.44M |
Total shares | 16.64M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners |
Shares | Value |
---|---|---|
RILY B. Riley Financial | 6.16M | $18.66M |
NHC | 6.16M | $11.33M |
Equitec Proprietary Markets | 1.73M | $5.24M |
Asher Daniel | 1.71M | $4.5M |
RMB Capital Management | 496.1K | $1.53M |
Vanguard | 110.39K | $334K |
Bridgeway Capital Management | 82.4K | $250K |
Beryl Capital Management | 58.18K | $176K |
Renaissance Technologies | 57.81K | $175K |
National Asset Management | 31.22K | $96K |
Content analysis
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Readability |
H.S. freshman Bad
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New words:
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Removed:
accelerated, accounted, achieved, acquiring, ago, agreeing, allocating, amend, announcing, applicability, appoint, arising, assessed, assigned, assigning, assumed, attend, audit, auditor, beneficial, bid, bona, Boston, brand, breakdown, build, built, capacity, carryforward, cease, ceased, Certified, collateral, compelled, concentrated, constitute, contest, continuity, counterparty, critical, daily, damage, deposited, designate, designated, dynamic, eliminate, employee, environment, escrow, exist, expand, expansion, exposed, facilitate, fail, fide, finalize, foreign, function, generation, geographical, global, goodwill, govern, heart, hiring, impending, improper, inadequate, increasing, independence, influencing, initiate, instituted, integrity, invest, judicial, large, leased, legally, lending, lessee, limiting, line, listed, location, MA, million, modified, monitored, monitoring, nominated, observer, obtaining, occurring, opened, oversee, overseeing, ownership, package, participate, participation, pattern, perform, physical, platform, political, position, proceeding, processing, prohibit, prohibiting, proprietary, protecting, provisional, purpose, quantifiable, rapidly, rata, recent, recognizing, recording, reduced, reduction, relationship, release, reliant, replacement, represented, reputation, requesting, require, requiring, senior, shutdown, slower, software, soliciting, standard, statute, straight, stringent, strong, subscription, successor, suffer, tangible, team, thereof, traditional, unauthorized, utilize, validity, waive, written
Financial reports
10-Q
2021 Q1
Quarterly report
15 Feb 21
10-K/A
2020 FY
Annual report (amended)
28 Jan 21
10-K
2020 FY
Annual report
29 Dec 20
10-Q
2020 Q3
Quarterly report
13 Aug 20
10-Q
2020 Q2
Quarterly report
14 May 20
10-Q
2020 Q1
Quarterly report
13 Feb 20
10-K/A
2019 FY
Annual report (amended)
28 Jan 20
10-K
2019 FY
Annual report
30 Dec 19
10-Q
2019 Q3
Quarterly report
13 Aug 19
10-Q
2019 Q2
Quarterly report
15 May 19
Current reports
8-K
Termination of a Material Definitive Agreement
25 Feb 21
8-K
B. Riley Financial to Acquire National Holdings
11 Jan 21
8-K
National Holdings Corporation Reports Financial Results for the 2020 Fiscal Fourth Quarter and 2020 Fiscal Year
30 Dec 20
8-K
Other Events
17 Sep 20
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
11 Sep 20
8-K
National Holdings Corporation Reports Financial Results, including Record Revenue, for the Fiscal 2020 Third Quarter
13 Aug 20
8-K
National Holdings Corporation Reports Financial Results for the Fiscal 2020 Second Quarter
15 May 20
8-K
Other Events
6 May 20
8-K
Entry into a Material Definitive Agreement
29 Apr 20
8-K
Amendments to Articles of Incorporation or Bylaws
6 Apr 20
Registration and prospectus
15-12B
Securities registration termination
10 Mar 21
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Feb 21
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Feb 21
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Feb 21
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Feb 21
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Feb 21
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Feb 21
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Feb 21
POS AM
Prospectus update (post-effective amendment)
25 Feb 21
POS AM
Prospectus update (post-effective amendment)
25 Feb 21
Proxies
DEFA14A
Additional proxy soliciting materials
23 Mar 20
DEF 14A
Definitive proxy
16 Mar 20
DEF 14A
Definitive proxy
25 Feb 19
DEF 14A
Definitive proxy
16 Jan 18
DEF 14A
Definitive proxy
29 Dec 16
PRE 14A
Preliminary proxy
14 Dec 16
DEFA14A
Additional proxy soliciting materials
1 Jul 15
DEF 14A
Definitive proxy
1 Jul 15
DEF 14A
Definitive proxy
30 Jun 14
DEFA14A
Additional proxy soliciting materials
5 Jun 14
Other
EFFECT
Notice of effectiveness
5 Mar 21
EFFECT
Notice of effectiveness
5 Mar 21
EFFECT
Notice of effectiveness
5 Mar 21
EFFECT
Notice of effectiveness
5 Mar 21
EFFECT
Notice of effectiveness
5 Mar 21
EFFECT
Notice of effectiveness
5 Mar 21
EFFECT
Notice of effectiveness
5 Mar 21
EFFECT
Notice of effectiveness
5 Mar 21
CORRESP
Correspondence with SEC
8 Feb 21
UPLOAD
Letter from SEC
4 Feb 21
Ownership
SC 13D/A
NATIONAL / NHC ownership change
2 Mar 21
4
NATIONAL / Barbara Creagh ownership change
25 Feb 21
4
NATIONAL / John C. DeSena ownership change
25 Feb 21
4
NATIONAL / Jeff Gary ownership change
25 Feb 21
4
NATIONAL / DANIEL HUME ownership change
25 Feb 21
4
NATIONAL / Michael Evan Singer ownership change
25 Feb 21
4
NATIONAL / Michael A Mullen ownership change
25 Feb 21
4
NATIONAL / Glenn C. Worman ownership change
25 Feb 21
4
NATIONAL / ROBERT B FAGENSON ownership change
25 Feb 21
4/A
NATIONAL / Michael A Mullen ownership change
18 Feb 21
Reddit threads
Daily Discussion Thread - February 19th, 2021
19 Feb 21
Daily Discussion Thread - February 18th, 2021
18 Feb 21
Daily Discussion Thread - February 17th, 2021
17 Feb 21
Daily Discussion Thread - February 12th, 2021
12 Feb 21
Daily Discussion Thread - February 11th, 2021
11 Feb 21
Daily Discussion Thread - February 10th, 2021
10 Feb 21
Daily Discussion Thread - February 9th, 2021
9 Feb 21
Daily Discussion Thread - December 29th, 2020
29 Dec 20
Daily Discussion Thread - December 28th, 2020
28 Dec 20