NASDAQ · SLNH

Soluna Holdings, Inc

Closing price · Nov 13, 2026 $0.4973
Last insider buy price $1.13 Paid by CFO Michael Picchi on Aug 28, 2026 (Form 4). Not today's price.

Latest quarter · ended Jun 30, 2026

Cash got weaker, but sales grew

descriptionFiled Aug 13, 2026
Revenue growthFaster
+144.6%
Quarter ended Sep 30, 2024: +29.8% sales vs. a year beforeQuarter ended Dec 31, 2024: −18.2% sales vs. a year beforeQuarter ended Mar 31, 2025: −52.7% sales vs. a year beforeQuarter ended Jun 30, 2025: −36.4% sales vs. a year beforeQuarter ended Sep 30, 2025: +11.8% sales vs. a year beforeQuarter ended Dec 31, 2025: +11.3% sales vs. a year beforeQuarter ended Mar 31, 2026: +58.3% sales vs. a year beforeQuarter ended Jun 30, 2026: +144.6% sales vs. a year before
Sep '24Jun '26
$15.1M vs. $6.16M a year ago
Gross marginWorse
-8.4%
Quarter ended Sep 30, 2024: -39.1% gross marginQuarter ended Dec 31, 2024: -360.7% gross marginQuarter ended Mar 31, 2025: 5.7% gross marginQuarter ended Jun 30, 2025: 6.3% gross marginQuarter ended Sep 30, 2025: 9.5% gross marginQuarter ended Dec 31, 2025: 6.0% gross marginQuarter ended Mar 31, 2026: 5.2% gross marginQuarter ended Jun 30, 2026: -8.4% gross margin
Sep '24Jun '26
vs. 6.3% a year ago
Cash from operationsWorse
−$5.18M
Quarter ended Sep 30, 2024: $61K cash from operationsQuarter ended Dec 31, 2024: −$1.66M cash from operationsQuarter ended Mar 31, 2025: −$177K cash from operationsQuarter ended Jun 30, 2025: −$1.1M cash from operationsQuarter ended Sep 30, 2025: −$2.21M cash from operationsQuarter ended Dec 31, 2025: −$5.67M cash from operationsQuarter ended Mar 31, 2026: −$6.37M cash from operationsQuarter ended Jun 30, 2026: −$5.18M cash from operations
Sep '24Jun '26
vs. −$1.1M a year ago
Share countDiluting
+711.4%
Quarter ended Sep 30, 2024: 8.37M sharesQuarter ended Dec 31, 2024: 12.49M sharesQuarter ended Mar 31, 2025: 13.75M sharesQuarter ended Jun 30, 2025: 30.15M sharesQuarter ended Sep 30, 2025: 68.42M sharesQuarter ended Dec 31, 2025: 111.38M sharesQuarter ended Mar 31, 2026: 157.75M sharesQuarter ended Jun 30, 2026: 244.59M shares
Sep '24Jun '26
244.59M shares vs. 30.15M 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

Buying Insiders: as of Nov 13 Funds: as of Jun 30, 2026
−1000+100 +40
  • account_balance
    2 funds bought, 0 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
    28 real insider sales in 12 months. $1.28M 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

103 funds report owning SLNH, up from 43

Holdings as of Jun 30, 2026
New69
Added19
Held10
Trimmed5
Sold out9

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 officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovStock grant · Dec 1 · 2.86M shStock grant · Dec 1 · 11.7M sh · 8 peopleStock grant · Dec 1 · 801,222 shStock grant · Dec 1 · 911,182 sh · 2 peopleStock grant · Jan 1 · 460,000 shPlanned sale (10b5-1) · Apr 6 · $7.25KShares withheld for tax · Jun 1 · $98.5KPlanned sale (10b5-1) · Jun 1 · $10.4KStock grant · Jun 1 · 3.02M shStock grant · Jun 1 · 12.89M sh · 8 peopleStock grant · Jun 1 · 1.45M sh · 2 peopleStock grant · Aug 1 · 3.2M shPlanned sale (10b5-1) · Sep 1 · $11.9KShares withheld for tax · Sep 1 · $22.6K · 2 peopleOpen-market sale · Dec 10 · $86.5K · 2 peopleOpen-market sale · Dec 11 · $42.9K · 2 peopleOpen-market sale · Dec 12 · $19.5KOpen-market sale · Dec 12 · $54.7KOpen-market sale · Dec 16 · $1.83KOpen-market buy · May 21 · $163KOpen-market sale · Jun 1 · $10KOpen-market sale · Jun 8 · $71.3KOpen-market sale · Jun 10 · $89.1K · 2 peopleOpen-market sale · Jun 11 · $11.9KOpen-market sale · Jun 15 · $8.22KOpen-market sale · Jun 17 · $109KOpen-market sale · Jun 18 · $52.9KOpen-market sale · Jun 22 · $33.8KOpen-market sale · Aug 17 · $111KOpen-market sale · Aug 19 · $63KOpen-market buy · Aug 20 · $23KOpen-market sale · Aug 20 · $14.4KOpen-market sale · Aug 21 · $109KOpen-market buy · Aug 24 · $11.4KOpen-market sale · Aug 24 · $58.3KOpen-market sale · Aug 25 · $60KOpen-market buy · Aug 26 · $60KOpen-market sale · Aug 26 · $22.5KOpen-market sale · Aug 27 · $97.8KOpen-market buy · Aug 28 · $22.6KOpen-market sale · Aug 28 · $61.7KOpen-market sale · Aug 31 · $38.5KOpen-market sale · Sep 3 · $13.5KOpen-market sale · Sep 23 · $37.8K
CEOCFOOther officersDirectorsJunJulAugSepOctNovShares withheld for tax · Jun 1 · $98.5KPlanned sale (10b5-1) · Jun 1 · $10.4KStock grant · Jun 1 · 3.02M shStock grant · Jun 1 · 12.89M sh · 8 peopleStock grant · Jun 1 · 1.45M sh · 2 peopleStock grant · Aug 1 · 3.2M shPlanned sale (10b5-1) · Sep 1 · $11.9KShares withheld for tax · Sep 1 · $22.6K · 2 peopleOpen-market sale · Jun 1 · $10KOpen-market sale · Jun 8 · $71.3KOpen-market sale · Jun 10 · $89.1K · 2 peopleOpen-market sale · Jun 11 · $11.9KOpen-market sale · Jun 15 · $8.22KOpen-market sale · Jun 17 · $109KOpen-market sale · Jun 18 · $52.9KOpen-market sale · Jun 22 · $33.8KOpen-market sale · Aug 17 · $111KOpen-market sale · Aug 19 · $63KOpen-market buy · Aug 20 · $23KOpen-market sale · Aug 20 · $14.4KOpen-market sale · Aug 21 · $109KOpen-market buy · Aug 24 · $11.4KOpen-market sale · Aug 24 · $58.3KOpen-market sale · Aug 25 · $60KOpen-market buy · Aug 26 · $60KOpen-market sale · Aug 26 · $22.5KOpen-market sale · Aug 27 · $97.8KOpen-market buy · Aug 28 · $22.6KOpen-market sale · Aug 28 · $61.7KOpen-market sale · Aug 31 · $38.5KOpen-market sale · Sep 3 · $13.5KOpen-market sale · Sep 23 · $37.8K

Last 6 months. A wider screen shows 12.

Showing 33 real trades. Hidden: 25 stock grants, 3 tax withholdings, 3 planned 10b5-1 sales. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Real trades, newest first

Sep 23 Jessica Thomas Chief Accounting Officer Open-market sale $37.8K 30,000 sh at $1.26 Sold 2% of stake
Sep 3 William Phelan Director Open-market sale $13.5K 12,037 sh at $1.12 Sold 1% of stake
Aug 31 William Phelan Director Open-market sale $38.5K 3,188 sh at $12.08 Sold 5% of stake
Aug 28 William Phelan Director Open-market sale $61.7K 5,039 sh at $12.25 Sold 7% of stake
Aug 28 Michael Picchi CFO Open-market buy $22.6K 20,000 sh at $1.13
Aug 27 William Phelan Director Open-market sale $97.8K 8,099 sh at $12.08 Sold 10% of stake
Aug 26 John Belizaire CEO, Director Open-market buy $60K 50,000 sh at $1.20
Aug 26 William Phelan Director Open-market sale $22.5K 1,862 sh at $12.09 Sold 2% of stake
Aug 25 William Phelan Director Open-market sale $60K 5,000 sh at $12.00 Sold 6% of stake
Aug 24 William Phelan Director Open-market sale $58.3K 5,000 sh at $11.66 Sold 5% of stake
Show 24 older real trades
Aug 24 Michael Picchi CFO Open-market buy $11.4K 10,000 sh at $1.14
Aug 21 William Phelan Director Open-market sale $109K 8,843 sh at $12.29 Sold 9% of stake
Aug 20 Michael Picchi CFO Open-market buy $23K 20,000 sh at $1.15
Aug 20 William Phelan Director Open-market sale $14.4K 1,157 sh at $12.45 Sold 1% of stake
Aug 19 William Phelan Director Open-market sale $63K 5,000 sh at $12.61 Sold 5% of stake
Aug 17 Edward Hirshfield Director Open-market sale $111K 9,007 sh at $12.34 Sold 100% of stake
Jun 22 William Phelan Director Open-market sale $33.8K 3,074 sh at $11.00 Sold 3% of stake
Jun 18 William Phelan Director Open-market sale $52.9K 4,813 sh at $11.00 Sold 4% of stake
Jun 17 William Phelan Director Open-market sale $109K 10,113 sh at $10.75 Sold 8% of stake
Jun 15 Jessica Thomas Chief Accounting Officer Open-market sale $8.22K 4,838 sh at $1.70 Sold 1% of stake
Jun 11 Mary OReilly Chief People Officer Open-market sale $11.9K 1,071 sh at $11.10 Sold 100% of stake
Jun 10 Mary OReilly Chief People Officer Open-market sale $61.9K 5,729 sh at $10.80 Sold 84% of stake
Jun 10 Jessica Thomas Chief Accounting Officer Open-market sale $27.2K 2,500 sh at $10.90 Sold 74% of stake
Jun 8 Mary OReilly Chief People Officer Open-market sale $71.3K 6,600 sh at $10.80 Sold 49% of stake
Jun 1 John Bottomley Director Open-market sale $10K 1,000 sh at $10.00 Sold 4% of stake
May 21 Michael Picchi CFO Open-market buy $163K 100,000 sh at $1.63
Dec 16 William Phelan Director Open-market sale $1.83K 1,300 sh at $1.41 Sold 1% of stake
Dec 12 David Michaels CFO, Director Open-market sale $52.5K 5,669 sh at $9.26 Sold 10% of stake
Dec 12 Edward Hirshfield Director Open-market sale $19.5K 2,000 sh at $9.76 Sold 18% of stake
Dec 12 David Michaels CFO, Director Open-market sale $2.23K 1,017 sh at $2.19 Sold 1% of stake
Dec 11 William Phelan Director Open-market sale $35.6K 3,737 sh at $9.52 Sold 3% of stake
Dec 11 Edward Hirshfield Director Open-market sale $7.34K 741 sh at $9.90 Sold 6% of stake
Dec 10 William Phelan Director Open-market sale $67.1K 7,001 sh at $9.58 Sold 5% of stake
Dec 10 Edward Hirshfield Director Open-market sale $19.4K 2,000 sh at $9.70 Sold 15% of stake

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

Top holders

Biggest funds in SLNH

As of Jun 30, 2026
FundOwnsValueChange
Geode Capital Management, LLC1.6%$14M+45%
BlackRock, Inc.3.4%$11.2M+961%
Nuveen, LLC2.3%$7.53MNew
Vident Advisory, LLC2.1%$7.06M+7772%
Vanguard Capital Management LLC1.9%$6.29M+644%

"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