ShiftPixy is a disruptive human capital services enterprise, revolutionizing employment in the Gig Economy by delivering a next-gen platform for workforce management that helps businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce. With expertise rooted in management’s nearly 25 years of workers’ compensation and compliance programs experience, ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing Gig Economy. ShiftPixy’s complete human capital management ecosystem is designed to manage regulatory requirements and compliance in such required areas as paid time off (PTO) laws, insurance and workers’ compensation, minimum wage increases, and Affordable Care Act (ACA) compliance.
Company profile
Ticker
PIXY
Exchange
Website
CEO
Scott Absher
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Agile Human Capital, Inc. • Bento Best, Inc. • Bunny Grub, Inc. • Burley Burrito, Inc. • CantinaGogo, Inc. • Cluck ‘n Lucky, Inc. • Dude Rudy, Inc. • Firemark Global Capital, Inc. • Grazer Burger, Inc. • Industrial Human Capital, Inc. ...
PIXY stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K/A
Other Events
9 Mar 23
8-K/A
Submission of Matters to a Vote of Security Holders
9 Mar 23
8-K
Submission of Matters to a Vote of Security Holders
8 Mar 23
8-K
Other Events
17 Feb 23
EFFECT
Notice of effectiveness
14 Feb 23
CORRESP
Correspondence with SEC
10 Feb 23
UPLOAD
Letter from SEC
7 Feb 23
S-3
Shelf registration
31 Jan 23
Latest ownership filings
Financial summary
| Quarter (USD) | Nov 22 | Aug 22 | May 22 | Feb 22 | |
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| Annual (USD) | Aug 22 | Aug 21 | Aug 20 | Aug 19 | |
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| 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) | 864.00 k | 864.00 k | 864.00 k | 864.00 k | 864.00 k | 864.00 k |
| Cash burn (monthly) | (no burn) | 71.17 k | 1.74 mm | 3.32 mm | 1.25 mm | 1.22 mm |
| Cash used (since last report) | n/a | 261.10 k | 6.39 mm | 12.19 mm | 4.58 mm | 4.46 mm |
| Cash remaining | n/a | 602.90 k | -5.52 mm | -11.33 mm | -3.71 mm | -3.60 mm |
| Runway (months of cash) | n/a | 8.5 | -3.2 | -3.4 | -3.0 | -3.0 |
Institutional ownership, Q3 2022
2.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 13 |
| Opened positions | 3 |
| Closed positions | 11 |
| Increased positions | 3 |
| Reduced positions | 5 |
| 13F shares | Current |
|---|---|
| Total value | 6.72 mm |
| Total shares | 613.82 k |
| Total puts | 100.00 |
| Total calls | 800.00 |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Armistice Capital | 416.67 k | $5.75 mm |
| Alpha Capital Anstalt | 154.95 k | $386.00 k |
| Citadel Advisors | 25.29 k | $349.00 k |
| BLK Blackrock | 6.70 k | $92.00 k |
| JPM JPMorgan Chase & Co. | 3.90 k | $54.00 k |
| Tower Research Capital | 2.34 k | $32.00 k |
| UBS UBS Group AG - Registered Shares | 1.92 k | $26.00 k |
| MS Morgan Stanley | 1.25 k | $17.00 k |
| Group One Trading | 589.00 | $8.00 k |
| WFC Wells Fargo & Co. | 202.00 | $3.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 30 Dec 22 | Kenneth Weir Weaver | Common Stock, Par Value $0.0001 Per Share | Sell | Dispose S | No | No | 18.75 | 51 | 956.25 | 0 |
| 1 Sep 22 | Absher Scott W | Common Stock, Par Value $0.0001 Per Share | Option exercise | Acquire M | No | No | 0 | 4,500,000 | 0.00 | 8,608,125 |
| 1 Sep 22 | Absher Scott W | Common Stock, Par Value $0.0001 Per Share | Option exercise | Acquire M | No | No | 410 | 4,100,000 | 1.68 bn | 4,108,125 |
| 1 Sep 22 | Absher Scott W | Preferred Class A Stock, par value $0.0001 per share Common Stock par value $0.0001 per share | Option exercise | Dispose M | No | No | 0 | 4,500,000 | 0.00 | 0 |
| 1 Sep 22 | Absher Scott W | Preferred Class A Stock, par value $0.0001 per share Common Stock par value $0.0001 per share | Option exercise | Dispose M | No | No | 410 | 4,100,000 | 1.68 bn | 4,500,000 |
| 1 Sep 22 | Absher Scott W | Preferred Class A Stock, par value $0.0001 per share Common Stock par value $0.0001 per share | Option exercise | Acquire M | No | No | 410 | 4,100,000 | 1.68 bn | 8,600,000 |
| 1 Sep 22 | Absher Scott W | Option for Preferred Class A Stock par value $0.0001/share Preferred Class A Stock par value $0.0001 per share | Option exercise | Dispose M | No | No | 820793.24 | 1 | 820.79 k | 0 |
| 31 Aug 22 | Absher Scott W | Common Stock, Par Value $0.0001 Per Share | Gift | Dispose G | No | No | 0 | 12,000,000 | 0.00 | 812,500 |
| 26 Aug 22 | Absher Scott W | Common Stock, Par Value $0.0001 Per Share | Gift | Dispose G | No | No | 0 | 8,000,000 | 0.00 | 12,812,500 |
News
12 Industrials Stocks Moving In Friday's Pre-Market Session
10 Mar 23
12 Industrials Stocks Moving In Thursday's After-Market Session
9 Mar 23
12 Industrials Stocks Moving In Tuesday's Pre-Market Session
7 Mar 23
Benzinga's Top Ratings Upgrades, Downgrades For March 6, 2023
6 Mar 23
Ascendiant Capital Initiates Coverage On ShiftPixy with Buy Rating, Announces Price Target of $6
6 Mar 23
Press releases
Digital Branding Huge for Restaurant Technology Industry That's Projected To Surpass $342 Billion By 2027
7 Mar 23
ShiftPixy Announces Integration of OpenAI Technologies into Quelliv's Ask Dr. A Chatbot
2 Mar 23
How Big Business is Integrating Artificial Intelligence at a Rapid Pace While Gaining Competitive Advantages
24 Feb 23
ShiftPixy Leverages OpenAI/ChatGPT to Streamline Recruiting and Staffing Opportunity Matching
24 Feb 23
How Artificial Intelligence (AI) for Enhancing Customer Engagements is Drastically Improving Business Operations
17 Feb 23