led by a group of agency and industry professionals, stagwell is working to build an investment portfolio of marketing services companies. we are putting digital first in all investments without being weighed down by legacy assets. our portfolio will only have one or two of each kind of agency from: digital media buying to market research to public relations and beyond to allow for true cooperation. most importantly, we know great talent needs to be valued and nurtured to achieve best in class growth that will allow for generous incentives and financial rewards. to facilitate that growth, we will act as value added investors, not simply managers, through new business development, strategic counsel and add-on acquisitions that keep agencies on the cutting edge of marketing innovation.
Company profile
Ticker
STGW
Exchange
Website
CEO
Mark J. Penn
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Omnicom • Interpublic Group Of Cos. • Groupon • Criteo S.A • AirNet Technology • Telaria • Stran & Company • SRAX • Specificity • Innerscope Hearing ...
Former names
MDC COMMUNICATIONS CORP, MDC CORP INC, MDC PARTNERS INC, MDC Stagwell Holdings Inc
SEC CIK
Corporate docs
Subsidiaries
72 Consulting LLC • 72andFootball LLC • 72andSunny NL B.V. • 72andSunny Partners, LLC • 72andSunny Pte. Ltd. • 72andSunny Pty Ltd • 7thfl LLC • 7thfl LP • 7thfl, LTD • 939GP Inc. ...
IRS number
980364441
STGW stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Revenue Growth of 8%, Led by 13% Growth from Performance Media & Data
1 May 24
ARS
2023 FY
Annual report to shareholders
29 Apr 24
DEF 14A
Definitive proxy
29 Apr 24
8-K
Unregistered Sales of Equity Securities
11 Apr 24
10-K
2023 FY
Annual report
11 Mar 24
UPLOAD
Letter from SEC
29 Feb 24
8-K
Unregistered Sales of Equity Securities
27 Feb 24
8-K
Results of Operations and Financial Condition
27 Feb 24
CORRESP
Correspondence with SEC
8 Feb 24
Transcripts
STGW
Earnings call transcript
2024 Q1
1 May 24
STGW
Earnings call transcript
2023 Q4
27 Feb 24
STGW
Earnings call transcript
2023 Q3
2 Nov 23
STGW
Earnings call transcript
2023 Q2
8 Aug 23
STGW
Earnings call transcript
2023 Q1
9 May 23
STGW
Earnings call transcript
2022 Q4
2 Mar 23
STGW
Earnings call transcript
2022 Q3
5 Nov 22
STGW
Earnings call transcript
2022 Q2
6 Aug 22
STGW
Earnings call transcript
2022 Q1
6 May 22
STGW
Earnings call transcript
2021 Q4
8 Mar 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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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) | 98.71 mm | 98.71 mm | 98.71 mm | 98.71 mm | 98.71 mm | 98.71 mm |
Cash burn (monthly) | 2.19 mm | 5.55 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 16.43 mm | 41.54 mm | n/a | n/a | n/a | n/a |
Cash remaining | 82.28 mm | 57.16 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 37.5 | 10.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
13F holders | Current |
---|---|
Total holders | 15 |
Opened positions | 2 |
Closed positions | 127 |
Increased positions | 4 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 17.07 bn |
Total shares | 154.25 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Stagwell Agency | 151.78 mm | $886.39 mm |
My Personal CFO | 1.33 mm | $8.84 bn |
Allspring Global Investments | 434.48 k | $2.88 bn |
Perennial Advisors | 291.25 k | $1.93 bn |
Clear Harbor Asset Management | 124.62 k | $826.21 mm |
Caldwell Sutter Capital | 69.20 k | $458.80 mm |
Allworth Financial | 65.02 k | $431.09 mm |
Mirae Asset Global Investments | 47.75 k | $316.57 mm |
Advisor Resource Council | 39.14 k | $259.51 mm |
SG Americas Securities | 29.00 k | $192.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Apr 24 | Peter McElligott | Class A Common Stock | Payment of exercise | Dispose F | No | No | 5.59 | 8,656 | 48.39 k | 111,127 |
31 Mar 24 | Peter McElligott | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.22 | 4,105 | 25.53 k | 119,783 |
31 Mar 24 | Jay Leveton | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.22 | 33,873 | 210.69 k | 518,235 |
31 Mar 24 | Lanuto Frank P | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.22 | 34,913 | 217.16 k | 654,629 |
31 Mar 24 | Ryan Greene | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.22 | 12,341 | 76.76 k | 214,698 |
News
6 Analysts Assess Stagwell: What You Need To Know
2 May 24
B. Riley Securities Maintains Buy on Stagwell, Raises Price Target to $10
2 May 24
Benchmark Maintains Buy on Stagwell, Raises Price Target to $9
2 May 24
Stagwell Acquires Montreal-Based Luxine Relations Publiques, A Full-Service PR And Influencer Marketing Agency; No Terms Disclosed
2 May 24
Needham Reiterates Buy on Stagwell, Maintains $7.5 Price Target
2 May 24
Press releases
Stagwell Inc. (STGW) Reports Equity Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
8 May 24
New Study by Stagwell's (STGW) The Harris Poll: New Yorkers are Worried about the Waste Crisis but Don't See a Plastic Ban as a Solution
7 May 24
PRophet, a Stagwell (STGW) Company, Takes Home Two Big Wins at the 2024 Innovation SABRE Awards and 28th Annual Webby Awards
6 May 24
Despite Significant Challenges & Economic Anxiety, Business Leaders and Americans Align Around New Strategies to Offset Risk According to New Milken Institute-Harris Poll
3 May 24
STAGWELL (STGW) ACQUIRES MONTREAL-BASED LUXINE RELATIONS PUBLIQUES
2 May 24