NYSE · SDEV

Stablecoin Development Corp

Closing price · Nov 13, 2026 $0.78

Latest quarter · ended Sep 30, 2026

Sales slipped and cash got weaker

descriptionFiled Oct 29, 2026
Revenue growthShrinking
−100.0%
Quarter ended Dec 31, 2024: +365.5% sales vs. a year beforeQuarter ended Mar 31, 2025: −100.0% sales vs. a year beforeQuarter ended Jun 30, 2025: −100.0% sales vs. a year before
Dec '24Jun '25
$2.14M vs. $0 a year ago
Gross marginSteady
66.3%
Quarter ended Dec 31, 2024: 66.3% gross margin
Dec '24Dec '24
Cash from operationsBetter
−$1.12M
Quarter ended Dec 31, 2024: −$1.68M cash from operationsQuarter ended Mar 31, 2025: −$1.32M cash from operationsQuarter ended Jun 30, 2025: −$2.52M cash from operationsQuarter ended Sep 30, 2025: −$1.98M cash from operationsQuarter ended Dec 31, 2025: −$2.6M cash from operationsQuarter ended Mar 31, 2026: −$1.8M cash from operationsQuarter ended Jun 30, 2026: −$5.96M cash from operationsQuarter ended Sep 30, 2026: −$1.12M cash from operations
Dec '24Sep '26
vs. −$1.98M a year ago
Share countBuying back
−42.0%
Quarter ended Dec 31, 2024: 5.82M sharesQuarter ended Mar 31, 2025: 5.82M sharesQuarter ended Jun 30, 2025: 5.82M sharesQuarter ended Sep 30, 2025: 126.01M sharesQuarter ended Dec 31, 2025: 26.63M sharesQuarter ended Mar 31, 2026: 27.12M sharesQuarter ended Jun 30, 2026: 50.62M sharesQuarter ended Sep 30, 2026: 73.12M shares
Dec '24Sep '26
73.12M shares vs. 126.01M 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
  • info
    1 real insider sale in 12 months. $26.9K 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

22 funds report owning SDEV, down from 24

Holdings as of Jun 30, 2026
New5
Added4
Held7
Trimmed6
Sold out7

Insider trades · last 12 months

Real buys and sales

● Open-market buy● Open-market sale
CEOCFOOther officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovCode X · Jun 15 · 11.33M shOption exercise · Oct 16 · 18,000 sh · 3 peopleOpen-market sale · Jun 15 · $26.9K
CEOCFOOther officersDirectorsJunJulAugSepOctNovCode X · Jun 15 · 11.33M shOption exercise · Oct 16 · 18,000 sh · 3 peopleOpen-market sale · Jun 15 · $26.9K

Last 6 months. A wider screen shows 12.

Showing 1 real trade. Hidden: 3 option exercises. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Real trades, newest first

Jun 15 Michael Kazley CEO, Director, 10% owner Open-market sale $26.9K 24,720 sh at $1.09 Sold 1% of stake

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

Top holders

Biggest funds in SDEV

As of Jun 30, 2026
FundOwnsValueChange
BlackRock, Inc.0.6%$446KSame
Vanguard Capital Management LLC0.4%$343K+20%
Geode Capital Management, LLC0.4%$296K−3%
Vanguard Fiduciary Trust Co0.2%$138K+1%
State Street Corp0.2%$123KSame

"Owns" is shares reported divided by shares outstanding.

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.

This is data, not investment advice. About StockToast