turtle beach corporation (http://corp.turtlebeach.com) designs innovative, market-leading audio products. under its award-winning turtle beach brand (www.turtlebeach.com), the company is the clear market share leader with its wide selection of acclaimed gaming headsets for use with xbox one and playstation®4, as well as personal computers and mobile/tablet devices. under the hypersound brand (www.hypersound.com), the company markets pioneering directed audio solutions that have applications in digital signage and kiosks, consumer electronics and hearing healthcare. the company's shares are traded on the nasdaq exchange under the symbol: hear.
![Turtle Beach logo](/files/LOGO/1493761-HEAR.png)
Company profile
Ticker
HEAR
Exchange
Website
CEO
Juergen Stark
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Iridium Communications • Esco • Lumentum • UTStarcom • Senstar Technologies • Inseego • Iteris • NAPCO Security • PowerFleet • Track ...
Former names
Parametric Sound Corp
SEC CIK
Corporate docs
Subsidiaries
VTB Holdings, Inc. • Voyetra Turtle Beach, Inc. • TBC Holding Company LLC • Turtle Beach Europe Limited • TB Germany GmbH ...
IRS number
272767540
HEAR stock data
Latest filings (excl ownership)
8-K
Turtle Beach Corporation Appoints Libby Bush
25 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
13 Jun 24
SD
Conflict minerals disclosure
30 May 24
8-K/A
Financial Statements and Exhibits
28 May 24
10-Q
2024 Q1
Quarterly report
7 May 24
8-K
Turtle Beach Announces First Quarter 2024 Earnings Results
7 May 24
ARS
2023 FY
Annual report to shareholders
29 Apr 24
DEFA14A
Additional proxy soliciting materials
29 Apr 24
DEF 14A
Definitive proxy
29 Apr 24
8-K
Amendments to Articles of Incorporation or Bylaws
23 Apr 24
Transcripts
HEAR
Earnings call transcript
2024 Q1
7 May 24
HEAR
Earnings call transcript
2023 Q4
13 Mar 24
HEAR
Earnings call transcript
2023 Q3
7 Nov 23
HEAR
Earnings call transcript
2023 Q2
7 Aug 23
HEAR
Earnings call transcript
2023 Q2
7 Aug 23
HEAR
Earnings call transcript
2023 Q1
4 May 23
HEAR
Earnings call transcript
2022 Q4
13 Mar 23
HEAR
Earnings call transcript
2022 Q3
4 Nov 22
HEAR
Earnings call transcript
2022 Q2
9 Aug 22
HEAR
Earnings call transcript
2022 Q1
5 May 22
Latest ownership filings
4
Elizabeth Berlacher Bush
25 Jul 24
3
Elizabeth Berlacher Bush
25 Jul 24
SC 13G
Windward Management LP
10 Jul 24
4
Terry Jimenez
13 Jun 24
4
Terry Jimenez
11 Jun 24
4
Lloyd Gregory Ballard
3 Jun 24
144
Notice of proposed sale of securities
31 May 24
4
Terry Jimenez
28 May 24
4/A
William Z Wyatt
21 May 24
4
Terry Jimenez
21 May 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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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) | 17.82 mm | 17.82 mm | 17.82 mm | 17.82 mm | 17.82 mm | 17.82 mm |
Cash burn (monthly) | 303.33 k | 229.75 k | 2.08 mm | 1.40 mm | (no burn) | (no burn) |
Cash used (since last report) | 1.17 mm | 888.43 k | 8.03 mm | 5.41 mm | n/a | n/a |
Cash remaining | 16.64 mm | 16.93 mm | 9.78 mm | 12.40 mm | n/a | n/a |
Runway (months of cash) | 54.9 | 73.7 | 4.7 | 8.9 | n/a | n/a |
Institutional ownership, Q1 2024
37.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 36 |
Opened positions | 23 |
Closed positions | 2 |
Increased positions | 1 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 12.56 bn |
Total shares | 8.14 mm |
Total puts | 140.80 k |
Total calls | 113.40 k |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
DC Vga | 3.45 mm | $38.05 mm |
Vinik Family Investments | 886.98 k | $16.77 mm |
Toro 18 | 847.09 k | $9.71 mm |
SG VTB | 687.57 k | $10.37 mm |
CC Capital | 660.00 k | $11.73 mm |
Donerail | 535.87 k | $0.00 |
Islet Management | 215.00 k | $0.00 |
Essex Investment Management | 201.34 k | $3.47 bn |
Raymond James & Associates | 99.00 k | $1.71 bn |
Legato Capital Management | 79.73 k | $1.37 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Jul 24 | Elizabeth Berlacher Bush | Common Stock | Grant | Acquire A | No | No | 0 | 4,805 | 0.00 | 4,805 |
11 Jun 24 | Terry Jimenez | Common Stock | Buy | Acquire P | No | No | 15.07 | 2,250 | 33.91 k | 50,009 |
7 Jun 24 | Terry Jimenez | Common Stock | Buy | Acquire P | No | No | 15.45 | 2,750 | 42.49 k | 47,759 |
31 May 24 | Ballard Lloyd Gregory | Common Stock | Sell | Dispose S | No | No | 16.53 | 5,042 | 83.34 k | 40,665 |
News
Insiders Buying Turtle Beach And 3 Other Stocks
17 May 24
Wedbush Reiterates Outperform on Turtle Beach, Maintains $19 Price Target
8 May 24
Turtle Beach Q1 EPS $0.01 Beats $(0.25) Estimate, Sales $55.85M Beat $53.22M Estimate
7 May 24
Wedbush Reiterates Outperform on Turtle Beach, Maintains $19 Price Target
1 May 24
Press releases
Turtle Beach Corporation to Report Second Quarter 2024 Financial Results on Thursday, August 8, 2024
25 Jul 24
PDP Expands Its Award-Winning Victrix Pro FS Arcade Fight Stick Line With Two New Limited-Edition Designs
28 May 24
Raise Your Rank With Turtle Beach – New Gaming Headsets, Keyboards, & Mice – Now Available
20 May 24
PDP's Victrix Gambit Prime Wired Tournament Controller Is Engineered to Win & Available Now
16 May 24
Turtle Beach Announces First Quarter 2024 Earnings Results
7 May 24