NASDAQ · MKTW

Marketwise, Inc.

Closing price · Nov 13, 2026 $20.46
Last insider buy price $17.88 Paid by Director, 10% owner Frank Stansberry on May 22, 2026 (Form 4). Not today's price.

Latest quarter · ended Sep 30, 2026

Sales slipped, but cash improved

descriptionFiled Nov 5, 2026
Revenue growthShrinking
−1.5%
Quarter ended Dec 31, 2024: −13.1% sales vs. a year beforeQuarter ended Mar 31, 2025: −23.4% sales vs. a year beforeQuarter ended Jun 30, 2025: −23.9% sales vs. a year beforeQuarter ended Sep 30, 2025: −16.4% sales vs. a year beforeQuarter ended Dec 31, 2025: −14.4% sales vs. a year beforeQuarter ended Mar 31, 2026: −7.8% sales vs. a year beforeQuarter ended Jun 30, 2026: −5.2% sales vs. a year beforeQuarter ended Sep 30, 2026: −1.5% sales vs. a year before
Dec '24Sep '26
$80.1M vs. $81.3M a year ago
Cash from operationsBetter
$7.84M
Quarter ended Dec 31, 2024: $5.99M cash from operationsQuarter ended Mar 31, 2025: $1.73M cash from operationsQuarter ended Jun 30, 2025: $17.8M cash from operationsQuarter ended Sep 30, 2025: $2.17M cash from operationsQuarter ended Dec 31, 2025: $24.2M cash from operationsQuarter ended Mar 31, 2026: −$2.08M cash from operationsQuarter ended Jun 30, 2026: $22.4M cash from operationsQuarter ended Sep 30, 2026: $7.84M cash from operations
Dec '24Sep '26
+261% from $2.17M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Mixed Insiders: as of Nov 13 Funds: as of Jun 30, 2026
−1000+100 0
  • account_balance
    1 fund bought, 1 sold in the quarter ended Jun 30, 2026, counting funds that hold 500 stocks or fewer and $1M+ of this one. Index funds and banks are left out.
  • info
    8 real insider sales in 12 months. $530K in total, not counting planned sales.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

52 funds report owning MKTW, up from 51

Holdings as of Jun 30, 2026
New11
Added19
Held14
Trimmed8
Sold out10

Last quarter

Who bought and who sold

Apr–Jun 2026

Change in shares held from Mar 31 to Jun 30, 2026, biggest holdings first. Only funds that hold 500 stocks or fewer and $1M+ of this one: index funds and banks own almost everything, so their changes say little. Bars stop at ±100%.

Insider trades · last 12 months

Real buys and sales

● Open-market buy● Open-market sale
CEOCFOOther officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovShares withheld for tax · Mar 13 · $48.7K · 3 peopleStock grant · Mar 13 · 2,000 shStock grant · Mar 13 · 43,911 shShares withheld for tax · Mar 13 · $74.8KStock grant · May 5 · 10,000 shStock grant · Jun 4 · 38,829 sh · 5 peopleOpen-market sale · Mar 10 · $50.7KOpen-market sale · Mar 11 · $98.2KOpen-market sale · Mar 18 · $94KOpen-market sale · Mar 19 · $46.1KOpen-market buy · Mar 19 · $330KOpen-market buy · Mar 20 · $262KOpen-market sale · Mar 23 · $88.2KOpen-market buy · May 8 · $786KOpen-market buy · May 11 · $189KOpen-market buy · May 12 · $185KOpen-market buy · May 14 · $362KOpen-market buy · May 15 · $184Open-market buy · May 18 · $59.8KOpen-market buy · May 20 · $346KOpen-market buy · May 22 · $179KOpen-market sale · Jul 1 · $153K · 3 people
CEOCFOOther officersDirectorsJunJulAugSepOctNovStock grant · Jun 4 · 38,829 sh · 5 peopleOpen-market sale · Jul 1 · $153K · 3 people

Last 6 months. A wider screen shows 12.

Showing 18 real trades. Hidden: 8 stock grants, 4 tax withholdings. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Real trades, newest first

Jul 1 Erik Mickels Chief Finacial Officer Open-market sale $76K 3,973 sh at $19.14 Sold 5% of stake
Jul 1 Marco Galsim Chief Information Officer Open-market sale $63K 3,294 sh at $19.14 Sold 8% of stake
Jul 1 Scott Forney General Counsel Open-market sale $13.6K 711 sh at $19.14 Sold 3% of stake
May 22 Frank Stansberry Director, 10% owner Open-market buy $179K 10,000 sh at $17.88
May 20 Frank Stansberry Director, 10% owner Open-market buy $346K 20,100 sh at $17.21
May 18 Frank Stansberry Director, 10% owner Open-market buy $59.8K 3,623 sh at $16.50
May 15 Frank Stansberry Director, 10% owner Open-market buy $184 11 sh at $16.71
May 14 Frank Stansberry Director, 10% owner Open-market buy $362K 20,000 sh at $18.12
May 12 Frank Stansberry Director, 10% owner Open-market buy $185K 10,000 sh at $18.50
May 11 Frank Stansberry Director, 10% owner Open-market buy $189K 10,000 sh at $18.89
Show 8 older real trades
May 8 Frank Stansberry Director, 10% owner Open-market buy $786K 41,375 sh at $18.99
Mar 23 Erik Mickels CFO Open-market sale $88.2K 6,000 sh at $14.70 Sold 7% of stake
Mar 20 Frank Stansberry Director, 10% owner Open-market buy $262K 17,270 sh at $15.19
Mar 19 Frank Stansberry Director, 10% owner Open-market buy $330K 23,103 sh at $14.28
Mar 19 Erik Mickels CFO Open-market sale $46.1K 3,334 sh at $13.83 Sold 4% of stake
Mar 18 Erik Mickels CFO Open-market sale $94K 6,666 sh at $14.10 Sold 7% of stake
Mar 11 Erik Mickels CFO Open-market sale $98.2K 6,666 sh at $14.73 Sold 11% of stake
Mar 10 Erik Mickels CFO Open-market sale $50.7K 3,334 sh at $15.20 Sold 5% of stake

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Big bets

Funds with a big share of their money in MKTW

As of Jun 30, 2026
FundOf fundValueChange
Bass Sid R100%$2.6M+8%

Funds that hold 150 stocks or fewer, where this stock is 3% or more of what they reported. "Of fund" is its share of the fund's 13F value.

Where this data comes from. Insider trades, fund holdings, activist stakes and company results come from public SEC EDGAR filings (Forms 4, 13F, 13D/13G, 10-Q and 8-K). Congress trades come from the STOCK Act reports members file with the House Clerk and the Senate. Daily closing prices come from post-no-preference/stocks on DoltHub, a community-run database shared under CC BY-SA 4.0; the prices we show stay under that license. They are each day's close, not live or official exchange prices.

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