banyan tree holdings (sgx: b58) is a leading, international hospitality brand that manages and develops premium resorts, hotels and spas. from a single boutique resort in phuket in 1994, banyan tree has grown into a multi-business operator globally. listed on the singapore stock exchange since 2006, it currently manages and/or has ownership interests in over 20 resorts and hotels, over 60 spas, in excess of 70 retail galleries and 3 golf courses. the company is best known for its signature banyan tree and angsana brands. since the launch of the first banyan tree resort, banyan tree phuket, banyan tree has received over 300 awards and accolades.
Company profile
Ticker
SQSP
Exchange
Website
CEO
Anthony Casalena
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
SEC CIK
Corporate docs
Subsidiaries
Squarespace Ireland Limited • Tock LLC ...
IRS number
200375811
SQSP stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
28 Feb 24
8-K
Squarespace Announces Fourth Quarter and Full Year 2023 Financial Results and $500 Million Share Repurchase Authorization
28 Feb 24
8-K
Other Events
20 Nov 23
424B7
Prospectus with selling stockholder info
17 Nov 23
8-K
Squarespace Announces Secondary Offering of Class A Common Stock
15 Nov 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Squarespace Announces Third Quarter 2023 Financial Results
7 Nov 23
8-K
Other Events
15 Sep 23
424B7
Prospectus with selling stockholder info
13 Sep 23
424B7
Prospectus with selling stockholder info
12 Sep 23
Transcripts
SQSP
Earnings call transcript
2023 Q4
28 Feb 24
SQSP
Earnings call transcript
2023 Q3
7 Nov 23
SQSP
Earnings call transcript
2023 Q2
8 Aug 23
SQSP
Earnings call transcript
2023 Q1
9 May 23
SQSP
Earnings call transcript
2022 Q4
7 Mar 23
SQSP
Earnings call transcript
2022 Q3
8 Nov 22
SQSP
Earnings call transcript
2022 Q2
25 Jul 22
SQSP
Earnings call transcript
2022 Q1
12 May 22
SQSP
Earnings call transcript
2021 Q4
7 Mar 22
SQSP
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
4
Anthony Casalena
17 Apr 24
144
Notice of proposed sale of securities
16 Apr 24
4
Paul Gubbay
16 Apr 24
144
Notice of proposed sale of securities
15 Apr 24
4
JONATHAN D KLEIN
12 Apr 24
4
JONATHAN D KLEIN
8 Apr 24
SC 13G/A
WELLINGTON MANAGEMENT GROUP LLP
5 Apr 24
4
Anthony Casalena
4 Apr 24
144
Notice of proposed sale of securities
4 Apr 24
144
Notice of proposed sale of securities
3 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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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 |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
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) | 257.14 mm | 257.14 mm | 257.14 mm | 257.14 mm | 257.14 mm | 257.14 mm |
Cash burn (monthly) | 17.05 mm | (no burn) | (no burn) | 13.11 mm | (no burn) | (no burn) |
Cash used (since last report) | 113.38 mm | n/a | n/a | 87.18 mm | n/a | n/a |
Cash remaining | 143.76 mm | n/a | n/a | 169.95 mm | n/a | n/a |
Runway (months of cash) | 8.4 | n/a | n/a | 13.0 | n/a | n/a |
Institutional ownership, Q3 2023
91.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 199 |
Opened positions | 29 |
Closed positions | 25 |
Increased positions | 87 |
Reduced positions | 52 |
13F shares | Current |
---|---|
Total value | 1.69 tn |
Total shares | 80.85 mm |
Total puts | 112.90 k |
Total calls | 288.90 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
General Atlantic | 16.61 mm | $481.22 bn |
Accel Growth Fund | 13.06 mm | $0.00 |
Index Ventures Growth I | 8.90 mm | $0.00 |
Wellington Management | 7.02 mm | $203.23 bn |
Vanguard | 5.87 mm | $169.92 bn |
BLK Blackrock | 4.01 mm | $116.21 bn |
Riverbridge Partners | 2.14 mm | $61.91 bn |
Renaissance Technologies | 1.24 mm | $35.96 bn |
Acadian Asset Management | 1.19 mm | $34.52 bn |
Millennium Management | 973.93 k | $28.21 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Apr 24 | Anthony Casalena | Class A Common Stock | Sell | Dispose S | Yes | Yes | 35.53 | 36,360 | 1.29 mm | 2,840,747 |
15 Apr 24 | Anthony Casalena | Class A Common Stock | Sell | Dispose S | Yes | Yes | 36.42 | 3,200 | 116.54 k | 2,877,107 |
15 Apr 24 | Anthony Casalena | Class A Common Stock | Sell | Dispose S | Yes | Yes | 35.51 | 42,189 | 1.50 mm | 2,880,307 |
12 Apr 24 | Paul Gubbay | Class A Common Stock | Sell | Dispose S | No | Yes | 36.81 | 2,500 | 92.03 k | 43,686 |
11 Apr 24 | Klein Jonathan D | Class A Common Stock | Sell | Dispose S | No | Yes | 37.65 | 47,247 | 1.78 mm | 604,133 |
8 Apr 24 | Klein Jonathan D | Class A Common Stock | Sell | Dispose S | No | Yes | 37.5 | 700 | 26.25 k | 651,380 |
4 Apr 24 | Klein Jonathan D | Class A Common Stock | Sell | Dispose S | No | Yes | 37.52 | 2,053 | 77.03 k | 652,080 |
3 Apr 24 | Anthony Casalena | Class A Common Stock | Sell | Dispose S | Yes | Yes | 36.5 | 30,576 | 1.12 mm | 2,922,496 |
2 Apr 24 | Anthony Casalena | Class A Common Stock | Sell | Dispose S | Yes | Yes | 36.24 | 51,878 | 1.88 mm | 2,953,072 |
News
Raymond James Reinstates Outperform on Squarespace, Announces $40 Price Target
27 Mar 24
Baird Upgrades Squarespace to Outperform, Raises Price Target to $39
4 Mar 24
RBC Capital Maintains Sector Perform on Squarespace, Raises Price Target to $35
29 Feb 24
B. Riley Securities Maintains Buy on Squarespace, Raises Price Target to $43
29 Feb 24
Citigroup Maintains Buy on Squarespace, Raises Price Target to $42
29 Feb 24
Press releases
Squarespace to Announce First Quarter 2024 Financial Results on May 7, 2024
9 Apr 24
Fuel Me Secures $18 Million in Oversubscribed Series A to Redefine Fuel Procurement as We Know It
20 Mar 24
Squarespace Announces Fourth Quarter and Full Year 2023 Financial Results and $500 Million Share Repurchase Authorization
28 Feb 24
Hello Down There: Squarespace Teams Up with Martin Scorsese for its 2024 Super Bowl Campaign
7 Feb 24
Squarespace to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on February 28, 2024
22 Jan 24