Parsons (PSN)

Company Profile

Parsons is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities.

Company profile

Ticker

PSN

Exchange

NYSE

Website

www.parsons.com

CEO

Carey Smith

Incorporated

Delaware

Location

Virginia

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Computer Systems Design Services

Industry (SIC)

Services - Computer Integrated Systems Design

Kyndryl • Leidos • CERNER • Godaddy • Open Text • Caci International Inc. - Registered Shares • Unisys • Veradigm • Light & Wonder • Samsara ...

Former names

PARSON CORP

SEC CIK

0000275880

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

3D/International, Inc. • Amplus Corporation • Blackhorse Solutions, Inc. • Braxton Science & Technology Group, LLC • Braxton Technologies, LLC • Bright Star For Engineering Services LLC • Chas. T. Main, Inc. • Checkmark Vehicle Safety Services, Inc. • CMX Technologies LLC • Command Engineering International Limited ...

IRS number

953232481

PSN stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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8-K

Parsons 2023 Investor Day to Highlight Growth Strategy and Strong End Market Opportunity

15 Mar 23

ARS

2022 FY

Annual report to shareholders

6 Mar 23

17 Feb 23

FOURTH QUARTER and FULL

15 Feb 23

8-K

Amendments to Articles of Incorporation or Bylaws

2 Nov 22

Parsons* third quarter 2022 earnings press release

2 Nov 22

8-K

Entry into a Material Definitive Agreement

3 Aug 22

Transcripts

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PSN

Earnings call transcript

2022 Q4

15 Feb 23

PSN

Earnings call transcript

2022 Q3

2 Nov 22

PSN

Earnings call transcript

2022 Q2

3 Aug 22

PSN

Earnings call transcript

2022 Q1

4 May 22

PSN

Earnings call transcript

2021 Q4

23 Feb 22

PSN

Earnings call transcript

2021 Q3

3 Nov 21

PSN

Earnings call transcript

2021 Q2

8 Aug 21

PSN

Earnings call transcript

2021 Q1

9 May 21

PSN

Earnings call transcript

2020 Q4

24 Feb 21

PSN

Earnings call transcript

2020 Q3

4 Nov 20

Latest ownership filings

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Carey A. Smith

7 Mar 23

Michael Richard Kolloway

7 Mar 23

George L. Ball

7 Mar 23

Michael Richard Kolloway

Financial summary

Financial statements Chart PSN financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	262.54 mm	262.54 mm	262.54 mm	262.54 mm	262.54 mm	262.54 mm
Cash burn (monthly)	(no burn)	6.67 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	20.15 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	242.39 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	36.3	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Parsons earnings reports.

Institutional ownership, Q4 2022

PSN institutional ownership history Ownership history

97.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	215	177	+21.5%
Opened positions	58	32	+81.3%
Closed positions	20	29	-31.0%
Increased positions	63	59	+6.8%
Reduced positions	60	55	+9.1%

13F shares	Current	Prev Q	Change
Total value	4.70 tn	3.97 bn	+118277.4%
Total shares	102.42 mm	101.27 mm	+1.1%
Total puts	109.10 k	90.80 k	+20.2%
Total calls	208.40 k	49.80 k	+318.5%
Total put/call ratio	0.5	1.8	-71.3%

Largest owners	Shares	Value	Change
Newport Trust	62.59 mm	$2.89 tn	-2.5%
T. Rowe Price Investment Management	4.09 mm	$188.39 bn	-0.4%
BLK Blackrock	3.61 mm	$166.78 bn	+10.5%
Vanguard	3.42 mm	$157.98 bn	+2.5%
Earnest Partners	3.21 mm	$148.35 bn	-2.2%
MKFCF Mackenzie Financial	2.82 mm	$130.35 bn	-9.9%
STT State Street	1.92 mm	$88.63 bn	NEW
BAC Bank Of America	1.27 mm	$58.66 bn	+2.6%
Dimensional Fund Advisors	1.20 mm	$55.28 bn	+9.8%
MS Morgan Stanley	972.33 k	$44.97 bn	+12.5%

Largest transactions	Shares	Bought/sold	Change
STT State Street	1.92 mm	+1.92 mm	NEW
Newport Trust	62.59 mm	-1.59 mm	-2.5%
IVZ Invesco	510.13 k	-1.21 mm	-70.4%
Norges Bank	681.31 k	+681.31 k	NEW
GS Goldman Sachs	501.99 k	-517.31 k	-50.8%
Loomis Sayles & Co L P	451.57 k	+451.57 k	NEW
Millennium Management	374.63 k	+374.63 k	NEW
BLK Blackrock	3.61 mm	+342.93 k	+10.5%
MKFCF Mackenzie Financial	2.82 mm	-309.12 k	-9.9%
Driehaus Capital Management	260.74 k	+260.74 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

PSN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
5 Mar 23	Ball George L.	Common Stock	Payment of exercise	Dispose F	No	No	45.46	5,562	252.85 k	125,663
5 Mar 23	Kolloway Michael Richard	Common Stock	Payment of exercise	Dispose F	No	No	45.46	2,615	118.88 k	63,214
5 Mar 23	Smith Carey A.	Common Stock	Payment of exercise	Dispose F	No	No	45.46	9,292	422.41 k	215,991
27 Feb 23	Kolloway Michael Richard	Common Stock	Grant	Acquire A	No	No	0	8,955	0.00	65,829
27 Feb 23	Kolloway Michael Richard	Common Stock	Grant	Acquire A	No	No	0	8,601	0.00	56,874
27 Feb 23	Smith Carey A.	Common Stock	Grant	Acquire A	No	No	0	20,602	0.00	225,283
27 Feb 23	Smith Carey A.	Common Stock	Grant	Acquire A	No	No	0	47,439	0.00	204,681