Skillz (SKLZ)

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)	311.44 mm	311.44 mm	311.44 mm	311.44 mm	311.44 mm	311.44 mm
Cash burn (monthly)	4.99 mm	1.80 mm	7.03 mm	3.53 mm	3.66 mm	(no burn)
Cash used (since last report)	20.49 mm	7.40 mm	28.85 mm	14.50 mm	15.03 mm	n/a
Cash remaining	290.95 mm	304.04 mm	282.59 mm	296.94 mm	296.41 mm	n/a
Runway (months of cash)	58.3	168.6	40.2	84.1	81.0	n/a

Beta Read what these cash burn values mean

Financial data from Skillz earnings reports.

Institutional ownership, Q3 2024

SKLZ institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	86	93	-7.5%
Opened positions	10	14	-28.6%
Closed positions	17	18	-5.6%
Increased positions	13	12	+8.3%
Reduced positions	21	26	-19.2%

13F shares	Current	Prev Q	Change
Total value	13.40 bn	18.14 bn	-26.1%
Total shares	31.94 mm	32.05 mm	-0.4%
Total puts	107.51 k	90.71 k	+18.5%
Total calls	386.34 k	399.74 k	-3.4%
Total put/call ratio	0.3	0.2	+22.6%

Largest owners	Shares	Value	Change
Atlas Venture Fund IX	23.28 mm	$0.00	0.0%
Integrated Core Strategies	5.30 mm	$105.95 mm	0.0%
Linden Capital	795.43 k	$15.91 mm	0.0%
Vanguard	477.09 k	$2.68 bn	-3.3%
Renaissance Technologies	398.63 k	$2.24 bn	+1.6%
BlackRock	333.67 k	$1.88 bn	NEW
Coastal Bridge Advisors	247.01 k	$1.39 bn	0.0%
Gsa Capital Partners	160.80 k	$904.00 k	+36.5%
Geode Capital Management	134.54 k	$756.32 mm	+0.6%
Founders Circle Capital	132.27 k	$743.34 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
BlackRock	333.67 k	+333.67 k	NEW
BLK BlackRock	0.00	-321.70 k	EXIT
Charles Schwab Investment Management	0.00	-72.52 k	EXIT
MS Morgan Stanley	19.52 k	-48.43 k	-71.3%
Susquehanna International	10.78 k	-43.46 k	-80.1%
Gsa Capital Partners	160.80 k	+43.00 k	+36.5%
Squarepoint Ops	53.65 k	+42.19 k	+368.2%
Jacobs Levy Equity Management	83.94 k	+30.90 k	+58.3%
GS The Goldman Sachs Group, Inc.	0.00	-18.99 k	EXIT
Marshall Wace	17.94 k	+17.94 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SKLZ insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
22 Jan 25	Salvatore Jr. Lento	RSU Class A common stock	Grant	Acquire A	No	No	0	9,524	0.00	9,524
7 Jan 25	Anthony Cabot	RSU Class A common stock	Grant	Acquire A	No	No	0	76,190	0.00	76,190
9 Dec 24	Casey Chafkin	Class A common stock	Option exercise	Acquire M	No	No	0	916	0.00	769,608
9 Dec 24	Casey Chafkin	RSU Class A common stock	Option exercise	Dispose M	No	No	0	916	0.00	917
15 Nov 24	Salvatore Jr. Lento	Class A common stock	Sell	Dispose S	No	No	5.016	2,157	10.82 k	6,855
14 Nov 24	Salvatore Jr. Lento	Class A common stock	Option exercise	Acquire M	No	No	0	9,012	0.00	9,012
14 Nov 24	Salvatore Jr. Lento	RSU Class A common stock	Option exercise	Dispose M	No	No	0	9,012	0.00	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

12 Communication Services Stocks Moving In Friday's Pre-Market Session

8 Nov 24

12 Communication Services Stocks Moving In Friday's Pre-Market Session

8 Nov 24

Skillz Q3 2024 GAAP EPS $(1.20) Misses $(1.11) Estimate, Sales $24.564M Miss $26.657M Estimate

7 Nov 24

Skillz (NYSE:SKLZ) reported quarterly losses of $(1.20) per share which missed the analyst consensus estimate of $(1.11) by 8.11 percent. The company reported quarterly sales of $24.564 million which missed the analyst