envestnet, inc. (nyse: env) is a leading provider of unified wealth management technology and services to investment advisors. our open-architecture platforms unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance, and value. envestnet solutions enable the transformation of wealth management into a transparent, conflict-free and fully-aligned standard of care, and empower advisors to deliver better results. envestnet's advisor suite® software empowers financial advisors to better manage client outcomes and strengthen their practice. envestnet provides institutional-quality research and advanced portfolio solutions through our portfolio management consultants group, envestnet | pmc®. envestnet | tamarac provides leading rebalancing, reporting, and practice management software. for more information on envestnet, please visit www.envestnet.com or call our toll-free number: (855) 769-0806.
Company profile
Ticker
ENV
Exchange
Website
CEO
William Crager
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ENVESTNET ASSET MANAGEMENT GROUP INC
SEC CIK
Corporate docs
Subsidiaries
Envestnet Asset Management, Inc. • Envestnet Asset Management Canada, Inc. • Envestnet Asset Management India Private Limited • Envestnet D&A Credit, LLC • Envestnet Embedded Advisory, Inc. • Envestnet Financial Technologies, Inc. • Envestnet Holdings, LLC • Envestnet Portfolio Solutions, Inc. • Envestnet Retirement Solutions, LLC • Envestnet Securities Holdings, LLC ...
IRS number
201409613
ENV stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
5 Apr 24
8-K
Departure of Directors or Certain Officers
27 Mar 24
PRE 14A
Preliminary proxy
19 Mar 24
8-K/A
Departure of Directors or Certain Officers
15 Mar 24
8-K
Amendments to Articles of Incorporation or Bylaws
15 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Envestnet Reports Fourth Quarter 2023 Financial Results
22 Feb 24
8-K
Bill Crager Announces Decision to Transition from Ceo of Envestnet after More Than Two Decades at the Company
8 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Envestnet Reports Third Quarter 2023 Financial Results
8 Nov 23
Transcripts
ENV
Earnings call transcript
2023 Q4
22 Feb 24
ENV
Earnings call transcript
2023 Q3
8 Nov 23
ENV
Earnings call transcript
2023 Q2
3 Aug 23
ENV
Earnings call transcript
2023 Q1
4 May 23
ENV
Earnings call transcript
2023 Q1
4 May 23
ENV
Earnings call transcript
2022 Q4
23 Feb 23
ENV
Earnings call transcript
2022 Q3
12 Nov 22
ENV
Earnings call transcript
2022 Q2
7 Aug 22
ENV
Earnings call transcript
2022 Q1
8 May 22
ENV
Earnings call transcript
2021 Q4
25 Feb 22
Latest ownership filings
4
Matthew Majoros
27 Mar 24
144
Notice of proposed sale of securities
25 Mar 24
4
Lauren Taylor Wolfe
19 Mar 24
4/A
Lauren Taylor Wolfe
15 Mar 24
4
William Crager
13 Mar 24
4
Shelly O'Brien
13 Mar 24
4
Matthew Majoros
13 Mar 24
4
Barry D. Cooper
13 Mar 24
4
Lauren Taylor Wolfe
8 Mar 24
4
WENDY E LANE
4 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 43.21 mm | 43.21 mm | 43.21 mm | 43.21 mm | 43.21 mm | 43.21 mm |
Cash burn (monthly) | 5.27 mm | 16.51 mm | 1.26 mm | 6.23 mm | (no burn) | (no burn) |
Cash used (since last report) | 35.79 mm | 112.13 mm | 8.53 mm | 42.28 mm | n/a | n/a |
Cash remaining | 7.42 mm | -68.92 mm | 34.68 mm | 926.19 k | n/a | n/a |
Runway (months of cash) | 1.4 | -4.2 | 27.6 | 0.1 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 223 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Mar 24 | Matthew Majoros | Common Stock | Sell | Dispose S | No | No | 56.92 | 700 | 39.84 k | 15,212 |
15 Mar 24 | Wolfe Lauren Taylor | Common Stock | Buy | Acquire P | Yes | No | 52.99 | 1,670 | 88.49 k | 4,188,871 |
11 Mar 24 | Barry D. Cooper | Common Stock | Payment of exercise | Dispose F | No | No | 55.49 | 188 | 10.43 k | 35,127 |
11 Mar 24 | Matthew Majoros | Common Stock | Payment of exercise | Dispose F | No | No | 55.49 | 72 | 4.00 k | 15,912 |
11 Mar 24 | William Crager | Common Stock | Payment of exercise | Dispose F | No | No | 55.49 | 1,210 | 67.14 k | 323,040 |
11 Mar 24 | William Crager | Common Stock | Payment of exercise | Dispose F | No | No | 55.49 | 4,021 | 223.13 k | 324,250 |
News
JMP Securities Reiterates Market Outperform on Envestnet, Maintains $79 Price Target
17 Apr 24
JMP Securities Reiterates Market Outperform on Envestnet, Maintains $79 Price Target
9 Apr 24
The Latest Analyst Ratings For Envestnet
2 Apr 24
DA Davidson Maintains Buy on Envestnet, Raises Price Target to $67
2 Apr 24
Raymond James Maintains Outperform on Envestnet, Raises Price Target to $60
2 Apr 24
Press releases
Envestnet to Announce First Quarter 2024 Results on May 7, 2024
16 Apr 24
Envestnet Delivers Next-Level Billing Solutions to Intech Through Leading Wealth Management Platform
11 Apr 24
Lincoln Financial Group Introduces Side-by-Side Pooled Employer Retirement Solutions for Businesses and Not-for-Profit Organizations
3 Apr 24
IFG Expands Partnership with Envestnet to Offer its Advisors Full Access to Industry's Most Connected and Scaled Wealth Management Platform
13 Mar 24
ENVESTNET'S CONNECTED PLATFORM NAMED LEADER IN FINANCIAL PLANNING, PORTFOLIO MANAGEMENT, TAMP AND BILLING SOLUTIONS IN 2024 T3/INSIDE INFORMATION ADVISOR SOFTWARE SURVEY
11 Mar 24