grid dynamics is an engineering it services company known for transformative, mission-critical cloud solutions for retail, finance and technology sectors. we’ve architected some of the busiest ecommerce services on the internet and have never had an outage during the peak season. founded in 2006 and headquartered in san ramon, california with offices throughout the us and eastern europe, we focus on big data analytics, scalable omnichannel services, devops, and cloud enablement. customers hire grid dynamics for highly complex and innovative projects for two reasons: experienced and super-smart engineers backed by industry-specific blueprints; and a collaborative engineering culture where all team members speak the same language, share the same values, and solve problems together. our team consists of exceptionally passionate software engineers and scientists who love tackling difficult problems and have developed a track record for innovation and quality with nearly every one of our cu
Company profile
Ticker
GDYN
Exchange
Website
CEO
Leonard Livschitz
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
ChaSerg Technology Acquisition Corp
SEC CIK
Corporate docs
Subsidiaries
Cometera Ukraine, LLC • Daxx Soft B.V. • Daxx Web Industries B.V. • DX International B.V. • DX4 Services B.V. • GD AM, LLC • Grid Dynamics Jamaica Limited • Grid Dynamics Private Limited • Grid Dynamics International, LLC • Grid Dynamics Romania S.R.L. ...
IRS number
830632724
GDYN stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
29 Feb 24
8-K
Grid Dynamics Reports Fourth Quarter and Full Year 2023 Financial Results
22 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
19 Dec 23
DEFA14A
Additional proxy soliciting materials
8 Dec 23
ARS
2022 FY
Annual report to shareholders
13 Nov 23
DEFA14A
Additional proxy soliciting materials
7 Nov 23
DEF 14A
Definitive proxy
7 Nov 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Grid Dynamics Reports Third Quarter 2023 Financial Results
2 Nov 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
Transcripts
GDYN
Earnings call transcript
2023 Q4
22 Feb 24
GDYN
Earnings call transcript
2023 Q3
2 Nov 23
GDYN
Earnings call transcript
2023 Q2
3 Aug 23
GDYN
Earnings call transcript
2023 Q1
4 May 23
GDYN
Earnings call transcript
2022 Q4
23 Feb 23
GDYN
Earnings call transcript
2022 Q3
3 Nov 22
GDYN
Earnings call transcript
2022 Q2
6 Aug 22
GDYN
Earnings call transcript
2022 Q1
5 May 22
GDYN
Earnings call transcript
2021 Q4
4 Mar 22
GDYN
Earnings call transcript
2021 Q3
7 Nov 21
Latest ownership filings
4
Leonard Livschitz
11 Apr 24
144
Notice of proposed sale of securities
9 Apr 24
SC 13G/A
WASATCH ADVISORS LP
5 Apr 24
4
Anil Doradla
3 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
4
Leonard Livschitz
27 Mar 24
144
Notice of proposed sale of securities
27 Mar 24
144
Notice of proposed sale of securities
26 Mar 24
4
ERIC BENHAMOU
15 Mar 24
4
Leonard Livschitz
15 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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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) | 253.71 mm | 253.71 mm | 253.71 mm | 253.71 mm | 253.71 mm | 253.71 mm |
Cash burn (monthly) | (no burn) | 122.92 k | (no burn) | 330.00 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | 818.65 k | n/a | 2.20 mm | n/a | n/a |
Cash remaining | n/a | 252.89 mm | n/a | 251.52 mm | n/a | n/a |
Runway (months of cash) | n/a | 2057.4 | n/a | 762.2 | n/a | n/a |
Institutional ownership, Q3 2023
71.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 140 |
Opened positions | 16 |
Closed positions | 26 |
Increased positions | 51 |
Reduced positions | 42 |
13F shares | Current |
---|---|
Total value | 622.42 bn |
Total shares | 54.40 mm |
Total puts | 1.30 k |
Total calls | 54.10 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Wasatch Advisors | 7.06 mm | $85.99 bn |
BLK Blackrock | 4.47 mm | $54.41 bn |
Vanguard | 4.01 mm | $48.81 bn |
Riverbridge Partners | 3.31 mm | $40.28 bn |
Bamco | 3.00 mm | $36.54 bn |
Jennison Associates | 2.49 mm | $30.39 bn |
Granahan Investment Management | 2.27 mm | $27.66 bn |
Explorer Parent | 1.92 mm | $25.04 mm |
Alliancebernstein | 1.91 mm | $23.31 bn |
RY Royal Bank Of Canada | 1.78 mm | $21.67 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Apr 24 | Leonard Livschitz | Common Stock | Sell | Dispose S | No | Yes | 11.8741 | 15,000 | 178.11 k | 3,670,691 |
1 Apr 24 | Doradla Anil | Common Stock | Sell | Dispose S | No | Yes | 12.1085 | 3,000 | 36.33 k | 388,979 |
27 Mar 24 | Leonard Livschitz | Common Stock | Sell | Dispose S | No | Yes | 12 | 3,116 | 37.39 k | 3,685,691 |
26 Mar 24 | Leonard Livschitz | Common Stock | Sell | Dispose S | No | Yes | 12.0347 | 11,884 | 143.02 k | 3,688,807 |
14 Mar 24 | Benhamou Eric | Common Stock | Option exercise | Acquire M | No | No | 3.54 | 3,713 | 13.14 k | 141,738 |
14 Mar 24 | Benhamou Eric | Common Stock | Option exercise | Acquire M | No | No | 3.54 | 9,303 | 32.93 k | 138,025 |
14 Mar 24 | Benhamou Eric | Common Stock | Option exercise | Acquire M | No | No | 3.54 | 50,517 | 178.83 k | 128,722 |
14 Mar 24 | Benhamou Eric | Stock Option Common Stock | Option exercise | Dispose M | No | No | 3.54 | 3,713 | 13.14 k | 0 |
14 Mar 24 | Benhamou Eric | Stock Option Common Stock | Option exercise | Dispose M | No | No | 3.54 | 9,303 | 32.93 k | 0 |
14 Mar 24 | Benhamou Eric | Stock Option Common Stock | Option exercise | Dispose M | No | No | 3.54 | 50,517 | 178.83 k | 0 |
News
Grid Dynamics Introduces A GenAI-Powered Data Migration Starter Kit To Accelerate Large-Scale Data Modernization Programs
27 Mar 24
Grid Dynamics Achieves AWS Well-Architected Partner Status
13 Mar 24
The Analyst Landscape: 5 Takes On Grid Dynamics Holdings
13 Mar 24
Cantor Fitzgerald Maintains Overweight on Grid Dynamics Holdings, Raises Price Target to $17
13 Mar 24
Grid Dynamics Holdings: Q4 Earnings Insights
22 Feb 24
Press releases
Grid Dynamics to Announce First Quarter 2024 Financial Results on May 2nd
15 Apr 24
Grid Dynamics Recognized as a Leader in Everest Group's Inaugural Google Cloud Services Specialists PEAK Matrix® Assessment 2024
8 Apr 24
Grid Dynamics Introduces a GenAI-powered Data Migration Starter Kit to Accelerate Large-Scale Data Modernization Programs
27 Mar 24
Grid Dynamics Reports Fourth Quarter and Full Year 2023 Financial Results
22 Feb 24
Grid Dynamics and Yieldmo Implement a Next-Generation ML Platform Accelerating Time to Market for New ML Models and Improving Performance for Advertisers
15 Feb 24