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AMK

AssetMark Financial Holdings, Inc.

Investor Moves

NameValueActionChangePriceCurrent Price
Ken GriffinCitadel Advisors
$-602.5K
ExitQ3 2024
$602k
--
$35.24
Jim SimonsRenaissance Technologies
$-10.4M
ExitQ3 2024
$10M
--
$35.24

Insider Trades

NameValueActionPriceCurrent Price
HSHuatai Securities Co., Ltd.10 Percent Owner
$2B50.9M shares
SellSep 5, 2024
$35.25
$35.24
Trade AMK

About AssetMark Financial Holdings, Inc.

AssetMark Financial Holdings, Inc. is a U.S.-based enterprise specializing in providing extensive wealth management and cutting-edge technology solutions. The company equips financial advisors with a versatile, open-architecture product platform, alongside expert client guidance, varied asset allocation possibilities, practice management resources, comprehensive support services, and innovative technological tools. A core offering is its integrated technology platform, which automates a wide array of processes for advisors. These include effortless new account setup, strategic portfolio development, streamlined financial planning, efficient customer billing, detailed investor reporting, analysis of progress towards financial goals, and thorough client activity monitoring. Furthermore, AssetMark offers advisory services and a carefully selected investment platform. In addition to its main services, the company provides cloud-based (SaaS) financial planning tools, wellness programs, and digital solutions for client interaction. It also manages mutual funds, offers custodial recordkeeping services primarily for the clientele of registered investment advisors, and extends wealth management expertise directly to individual investors. Established in 1996 and based in Concord, California, AssetMark primarily serves independent advisors who counsel U.S. investors and other advisory firms. The company operates as a subsidiary of Huatai International Investment Holdings Limited.

CEO
H. Michael Kim
IPO Date
Jul 18, 2019

Market Data

OpenThe first traded price for the current trading session.
$35.26
HighThe highest traded price in the current trading session.
$35.27
LowThe lowest traded price in the current trading session.
$35.24
VolumeTotal shares traded during the current trading session.
1.5M
Avg VolumeAverage number of shares traded per session, as reported by FMP.
478K
52W HighThe highest traded price over the past 52 weeks.
$37.54
52W LowThe lowest traded price over the past 52 weeks.
$22.92

Valuation

Market CapCompany equity value based on share price multiplied by shares outstanding.
$2.6B
Enterprise ValueMarket cap plus debt and other claims, less cash and equivalents.
$2.5B
Dividend YieldAnnualized dividend yield relative to the current share price.
0.00%

Financials

Free Cash FlowOperating cash flow minus capital expenditures from the latest annual cash flow statement.
$130.3M
RevenueTotal sales from the latest annual income statement.
$708.5M
Net IncomeProfit after expenses and taxes from the latest annual income statement.
$123.1M
CashCash and equivalents, or cash plus short-term investments, from the latest balance sheet.
$232.7M
DebtTotal debt from the latest balance sheet.
$119.8M

Events

EarningsJul 18

EPS est. 0.66 · actual 0.66

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