Siebert Financial (SIEB)

Siebert Financial Corp. is a holding company that conducts its retail brokerage business through its wholly-owned subsidiary, Muriel Siebert & Co., Inc., which became a member of the New York Stock Exchange in 1967 when Ms. Siebert became the first woman to own a seat on the NYSE and the first to head one of its member firms. Siebert conducts its investment advisory business through its wholly-owned subsidiary, Siebert AdvisorNXT, Inc., a registered investment advisor, and its insurance business through its wholly-owned subsidiary, Park Wilshire Companies, Inc., a licensed insurance agency.

Company profile

Ticker

SIEB

Exchange

Website

Incorporated

Location

Fiscal year end

Sector

Finance and Insurance > Investment Banking and Securities Dealing

Industry (SIC)

Security Brokers, Dealers & Flotation Companies

Goldman Sachs • Morgan Stanley • Nomura • Blackrock • Navient • Charles Schwab • Jefferies • Interactive Brokers • Raymond James Financial • TD Ameritrade Holding ...

Former names

MICHAELS J INC

SEC CIK

0000065596

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Muriel Siebert & Co., Inc. • Siebert AdvisorNXT, Inc. • Park Wilshire Companies, Inc. • Siebert Technologies, LLC • RISE Financial Services, LLC • StockCross Digital Solutions, Ltd. ...

IRS number

111796714

SIEB stock data

1M 1Y 5Y

News

From Benzinga Pro

Siebert Financial Q1 EPS $(0.04) Down From $0.07 YoY, Sales $10.30M Down From $18.90M YoY

23 May 22

Siebert Financial (NASDAQ:SIEB) reported quarterly losses of $(0.04) per share. This is a 157.14 percent decrease over earnings of $0.07 per share from the same period last year. The company reported $10.30 million in

Press releases

From Benzinga Pro

Siebert Reports First Quarter 2022 Financial Results

23 May 22

Expansion into Correspondent Clearing Services and Hire of Key FinTech Leader Siebert Financial Corp. (NASDAQ: SIEB) ("Siebert"), a mission-driven provider of financial services, today reported financial results for

Siebert Reports Fourth Quarter and Full Year 2021 Financial Results

30 Mar 22

Revenue Growth of 23% for Full Year 2021 Operating Income Growth

Calendar

23 May 22

26 Jun 22

31 Dec 22

Financial summary

Financial statements Chart SIEB financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
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)	286.08M	286.08M	286.08M	286.08M	286.08M	286.08M
Cash burn (monthly)	14.84M	4.25M	458K	(no burn)	14.7M	4.03M
Cash used (since last report)	42.64M	12.21M	1.32M	n/a	42.24M	11.58M
Cash remaining	243.44M	273.86M	284.76M	n/a	243.84M	274.5M
Runway (months of cash)	16.4	64.4	621.7	n/a	16.6	68.2

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

SIEB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
6 Jan 22	Charles Zabatta	Common Stock, $0.01 par value per share	Gift	Acquire G	Yes	No	508,440	508,440
6 Jan 22	Charles Zabatta	Common Stock, $0.01 par value per share	Gift	Dispose G	No	No	508,440	100,000
6 Jan 22	Gebbia Richard	Common Stock, $0.01 par value per share	Gift	Acquire G	Yes	No	2,689,593	2,689,593
6 Jan 22	Gebbia Richard	Common Stock, $0.01 par value per share	Gift	Dispose G	No	No	2,689,593	363,535
1 Apr 21	Gebbia John M.	Common Stock, $0.01 par value per share	Other	Acquire J	No	No	222,410	2,049,091
1 Apr 21	Francis V Cuttita	Common Stock, $0.01 par value per share	Other	Acquire J	No	No	31,773	187,773
1 Apr 21	Charles Zabatta	Common Stock, $0.01 par value per share	Other	Acquire J	No	No	254,183	608,440

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

SIEB institutional ownership history Ownership history

52.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	22	25	-12.0%
Opened positions	1	4	-75.0%
Closed positions	4	7	-42.9%
Increased positions	6	8	-25.0%
Reduced positions	9	7	+28.6%

13F shares	Current	Prev Q	Change
Total value	72.21M	73.85M	-2.2%
Total shares	16.93M	17.08M	-0.9%
Total puts	14.1K	60K	-76.5%
Total calls	60.4K	38.2K	+58.1%
Total put/call ratio	0.2	1.6	-85.1%

Largest owners	Shares	Value	Change
Kennedy Cabot Acquisition	16.41M	$70.38M	0.0%
Vanguard	137.98K	$298K	+6.5%
Geode Capital Management	91.65K	$197K	0.0%
BLK Blackrock	89.45K	$194K	-1.0%
Advisor	34.63K	$75K	+3.6%
NTRS Northern Trust	32.63K	$70K	-1.3%
Millennium Management	27.39K	$59K	-48.1%
STT State Street	27.2K	$59K	0.0%
Susquehanna International	21.67K	$47K	-40.9%
Renaissance Technologies	16.8K	$36K	-76.1%

Largest transactions	Shares	Bought/sold	Change
Renaissance Technologies	16.8K	-53.6K	-76.1%
Millennium Management	27.39K	-25.38K	-48.1%
VIRT Virtu Financial	0	-24.56K	EXIT
Citadel Advisors	15.94K	-23.15K	-59.2%
Susquehanna International	21.67K	-15.01K	-40.9%
Susquehanna Fundamental Investments	0	-11.64K	EXIT
Vanguard	137.98K	+8.41K	+6.5%
Cutler	0	-7K	EXIT
Simplex Trading	3.45K	-5.65K	-62.1%
UBS UBS Group AG - Registered Shares	0	-3.75K	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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From filing 10-Q 2022 Q1

Financial reports

View all

Annual report (amended)

20 May 22

NT 10-Q