Karat Packaging Inc. manufactures and distributes disposable products. The Company offers wide range of products for the foodservice industry, including food packaging, containers, tableware, cups, lids, cutlery, and straws. Karat Packaging serves customers worldwide.
Company profile
Ticker
KRT
Exchange
Website
CEO
Alan Yu
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
832237832
KRT stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Changes in Registrant's Certifying Accountant
21 Mar 23
10-K
2022 FY
Annual report
16 Mar 23
8-K
Karat Packaging Reports Fourth Quarter and Full Year 2022 Financial Results
16 Mar 23
EFFECT
Notice of effectiveness
29 Nov 22
CORRESP
Correspondence with SEC
22 Nov 22
UPLOAD
Letter from SEC
21 Nov 22
S-3
Shelf registration
15 Nov 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
8-K
Karat Packaging Reports 2022 Third Quarter Financial Results
10 Nov 22
Transcripts
KRT
Earnings call transcript
2022 Q3
10 Nov 22
KRT
Earnings call transcript
2022 Q2
12 Aug 22
KRT
Earnings call transcript
2022 Q1
14 May 22
KRT
Earnings call transcript
2021 Q4
24 Mar 22
KRT
Earnings call transcript
2021 Q3
12 Nov 21
KRT
Earnings call transcript
2021 Q2
13 Aug 21
KRT
Earnings call transcript
2021 Q1
28 May 21
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | |
|---|---|---|---|
| Revenue | |||
| Cost of revenue | |||
| Operating income | |||
| Operating margin | |||
| Net income | |||
| Net profit margin | |||
| Cash on hand | |||
| Change in cash | |||
| Diluted EPS |
Institutional ownership, Q4 2022
7.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 44 |
| Opened positions | 3 |
| Closed positions | 2 |
| Increased positions | 16 |
| Reduced positions | 12 |
| 13F shares | Current |
|---|---|
| Total value | 57.86 bn |
| Total shares | 4.24 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Driehaus Capital Management | 590.83 k | $8.49 bn |
| Wasatch Advisors | 559.41 k | $8.04 bn |
| American Century Companies | 447.60 k | $6.43 bn |
| Putnam Investments | 403.02 k | $5.79 bn |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 335.25 k | $4.82 bn |
| BLK Blackrock | 327.38 k | $4.70 bn |
| Kornitzer Capital Management | 303.00 k | $4.35 bn |
| Vanguard | 275.10 k | $3.95 bn |
| Wellington Management | 173.74 k | $2.50 bn |
| AWM Investment | 136.79 k | $1.97 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Feb 23 | Jian Guo | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,750 | 0.00 | 4,150 |
| 1 Feb 23 | Jian Guo | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,750 | 0.00 | 3,750 |
| 1 Feb 23 | Jian Guo | Common Stock | Payment of exercise | Dispose F | No | No | 15.03 | 1,298 | 19.51 k | 2,802 |
| 22 Dec 22 | Marvin Cheng | Common Stock | Gift | Acquire G | Yes | No | 0 | 7,500 | 0.00 | 6,749,727 |
| 22 Dec 22 | Marvin Cheng | Common Stock | Gift | Dispose G | No | No | 0 | 7,500 | 0.00 | 6,742,227 |
| 16 Dec 22 | Alan Yu | Common Stock | Buy | Acquire P | No | No | 12.97 | 7,100 | 92.09 k | 7,426,698 |
| 16 Nov 22 | Joanne Tzu Jung Wang | Common Stock | Gift | Dispose G | No | No | 0 | 8,600 | 0.00 | 7,223 |
News
Looking Into Karat Packaging's Return On Capital Employed
17 Mar 23
Karat Packaging Q4 Adj. EPS $0.30 Misses $0.32 Estimate, Sales $92.67M Miss $96.12M Estimate
16 Mar 23
Earnings Scheduled For March 16, 2023
16 Mar 23
Preview: Karat Packaging's Earnings
15 Mar 23
11 Industrials Stocks Moving In Thursday's Intraday Session
19 Jan 23