FIT Fitbit

Fitbit, Inc. engages in the development of wearable device which tracks data of an individual's health. Its products include smartwatches, trackers, smart scales, and accessories. The company was founded by Eric N. Friedman and James Park in March 2007 and is headquartered in San Francisco, CA.
Company profile
Ticker
FIT
Exchange
Website
CEO
James Park
Employees
Location
Fiscal year end
Industry (SIC)
Apple • Dell • Super Micro Computer • Omnicell • Zepp Health • One Stop Systems • Socket Mobile • Sector 5 • Helo ...
Former names
FITBIT INC
SEC CIK
Corporate docs
FIT stock data
()
News
Garmin Launches Lily Smartwatches To Tap Women Wearables Market
27 Jan 21
BZ NOTE: Fitbit Shares Halted Could Mean EU Regulators Have Made A Call On The Google-Fitbit Merger, As The Deadline For Decision Was Jan. 8, 2021
14 Jan 21
How To Invest Like Brad Feld
3 Jan 21
12 Information Technology Stocks Moving In Tuesday's Pre-Market Session
22 Dec 20
'Australian regulator rejects Google's undertaking to ease competition concerns on Fitbit deal' -Reuters, From Earlier
22 Dec 20
Investment data
Securities sold
Number of investors
Calendar
4 Nov 20
4 Mar 21
31 Dec 21
Financial summary
Quarter (USD) |
Oct 20 | Jul 20 | Apr 20 | Sep 19 | |
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Operating income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) |
Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Financial data from Fitbit 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) | 373.38M | 373.38M | 373.38M | 373.38M | 373.38M | 373.38M |
Cash burn (monthly) | (positive/no burn) | (positive/no burn) | 17.06M | 26.68M | 4.38M | 8.64M |
Cash used (since last report) | n/a | n/a | 86.15M | 134.74M | 22.11M | 43.62M |
Cash remaining | n/a | n/a | 287.24M | 238.65M | 351.27M | 329.77M |
Runway (months of cash) | n/a | n/a | 16.8 | 8.9 | 80.2 | 38.2 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Jan 21 | Laura Alber | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 107,670 | 0 | 0 |
14 Jan 21 | Laura Alber | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 23,810 | 0 | 0 |
14 Jan 21 | Bromberg Matthew S | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 71,782 | 0 | 0 |
14 Jan 21 | Bromberg Matthew S | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 23,810 | 0 | 0 |
14 Jan 21 | Devine Jeffrey P | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 86,502 | 0 | 0 |
14 Jan 21 | Devine Jeffrey P | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 87,750 | 0 | 0 |
14 Jan 21 | Devine Jeffrey P | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 52,083 | 0 | 0 |
14 Jan 21 | Devine Jeffrey P | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 8,333 | 0 | 0 |
14 Jan 21 | Flanagan Glenda J | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 125,918 | 0 | 0 |
14 Jan 21 | Flanagan Glenda J | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 23,810 | 0 | 0 |
Institutional ownership Q4 2020
88.5% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 207 |
Opened positions | 24 |
Closed positions | 36 |
Increased positions | 66 |
Reduced positions | 62 |
13F shares |
Current |
---|---|
Total value | 1.64B |
Total shares | 216.81M |
Total puts | 9.57M |
Total calls | 9.51M |
Total put/call ratio | 1.0 |
Largest owners |
Shares | Value |
---|---|---|
Vanguard | 22.88M | $155.57M |
BLK Blackrock | 19.44M | $132.2M |
GS Goldman Sachs | 12.23M | $83.13M |
Magnetar Financial | 10M | $67.97M |
FIL | 9.79M | $66.6M |
Ubs Oconnor | 9.61M | $65.34M |
Alpine Associates Management | 9.13M | $62.1M |
STT State Street | 6.31M | $42.89M |
Westchester Capital Management | 5.78M | $39.3M |
Norges Bank | 5.72M | $38.88M |
Content analysis
?
Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Good
|
New words:
accused, ALJ, Amazon, blood, CE, certified, Conformit, dedicated, EDA, electrodermal, examination, innovative, Ireland, matching, opposition, oxygen, prong, rhythm, saturation, score, Sense, sensor, speaker, temperature, undergo, version, withdrawing
Removed:
periodically, POP, reviewed, utilization
Financial reports
10-Q
2020 Q3
Quarterly report
4 Nov 20
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
7 May 20
10-K
2019 FY
Annual report
26 Feb 20
10-Q
2019 Q3
Quarterly report
7 Nov 19
10-Q
2019 Q2
Quarterly report
2 Aug 19
10-Q
2019 Q1
Quarterly report
3 May 19
10-K
2018 FY
Annual report
28 Feb 19
10-Q
2018 Q3
Quarterly report
4 Nov 18
10-Q
2018 Q2
Quarterly report
5 Aug 18
Current reports
8-K
Completion of Acquisition or Disposition of Assets
14 Jan 21
8-K
Results of Operations and Financial Condition
4 Nov 20
8-K
Other Events
28 Oct 20
8-K
Results of Operations and Financial Condition
5 Aug 20
8-K
Submission of Matters to a Vote of Security Holders
27 May 20
8-K
Results of Operations and Financial Condition
6 May 20
8-K
Fitbit Reports 2019 Fourth Quarter and Full Year Results
20 Feb 20
8-K
Submission of Matters to a Vote of Security Holders
6 Jan 20
8-K
Departure of Directors or Certain Officers
6 Nov 19
8-K
Results of Operations and Financial Condition
6 Nov 19
Registration and prospectus
15-12B
Securities registration termination
25 Jan 21
25-NSE
Exchange delisting
14 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Jan 21
S-8
Registration of securities for employees
26 Feb 20
S-8
Registration of securities for employees
28 Feb 19
Proxies
DEFA14A
Additional proxy soliciting materials
9 Apr 20
DEF 14A
Definitive proxy
9 Apr 20
DEFA14A
Additional proxy soliciting materials
23 Dec 19
DEFM14A
Proxy related to merger
12 Dec 19
PREM14A
Preliminary proxy related to merger
25 Nov 19
DEFA14A
Additional proxy soliciting materials
6 Nov 19
DEFA14A
Additional proxy soliciting materials
1 Nov 19
DEFA14A
Additional proxy soliciting materials
1 Nov 19
DEFA14A
Additional proxy soliciting materials
11 Apr 19
DEF 14A
Definitive proxy
11 Apr 19
Other
SD
Conflict minerals disclosure
1 Jun 20
SD
Conflict minerals disclosure
31 May 19
CT ORDER
Confidential treatment order
3 Sep 18
SD
Conflict minerals disclosure
30 May 18
UPLOAD
Letter from SEC
26 Sep 17
CORRESP
Correspondence with SEC
17 Aug 17
CORRESP
Correspondence with SEC
27 Jul 17
UPLOAD
Letter from SEC
23 Jul 17
CORRESP
Correspondence with SEC
11 May 17
CORRESP
Correspondence with SEC
9 May 17
Ownership
SC 13G/A
FITBIT / AQR CAPITAL MANAGEMENT ownership change
16 Feb 21
SC 13G/A
FITBIT / VANGUARD ownership change
10 Feb 21
SC 13G/A
FITBIT / GOLDMAN SACHS & CO. ownership change
9 Feb 21
SC 13G/A
FITBIT / CITIGROUP ownership change
8 Feb 21
SC 13G/A
FITBIT / NORGES BANK ownership change
5 Feb 21
SC 13G/A
FITBIT / BlackRock ownership change
5 Feb 21
SC 13G/A
FITBIT / PARK JAMES ownership change
14 Jan 21
SC 13G/A
FITBIT / FRIEDMAN ERIC N. ownership change
14 Jan 21
4
FITBIT / JAMES PARK ownership change
14 Jan 21
4
FITBIT / STEVEN JOSEPH MURRAY ownership change
14 Jan 21
Patents
APP
Utility
Automatic Detection of User's Periods of Sleep and Sleep Stage
4 Mar 21
Aspects of automatically detecting periods of sleep of a user of a wearable electronic device are discussed herein.
GRANT
Design
Charger
2 Mar 21
Inventors: Junyong Park, Irina Igorevna Kozlovskaya
APP
Utility
Connection Management Techniques
25 Feb 21
Two devices can be connected for communication by a wireless connection, where those devices will function as master and slave devices with respect to that connection.
APP
Utility
Connection Management Techniques
25 Feb 21
Two devices can be connected for communication by a wireless connection, where those devices will function as master and slave devices with respect to that connection.
GRANT
Design
Smart watch
23 Feb 21
Inventors: Irina Igorevna Kozlovskaya, Benjamin Patrick Robert Jean Riot, Anthony Gerald Kern, Derek Jenchia Loh, Bernhard Wildner, Junyong Park, Jeffrey Andrew Fisher, Patrick James Markan
Transcripts
2019 Q2
Earnings call transcript
31 Jul 19
2019 Q1
Earnings call transcript
1 May 19
2018 Q4
Earnings call transcript
1 Mar 19
2018 Q3
Earnings call transcript
31 Oct 18
2018 Q2
Earnings call transcript
1 Aug 18
2018 Q1
Earnings call transcript
2 May 18
2017 Q4
Earnings call transcript
26 Feb 18
2017 Q3
Earnings call transcript
1 Nov 17
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