Siebert Financial (SIEB)

Company Profile

Siebert Financial Corp. is a holding company that conducts its retail brokerage business through its wholly-owned subsidiary, Muriel Siebert & Co., Inc., which became a member of the New York Stock Exchange in 1967 when Ms. Siebert became the first woman to own a seat on the NYSE and the first to head one of its member firms. Siebert conducts its investment advisory business through its wholly-owned subsidiary, Siebert AdvisorNXT, Inc., a registered investment advisor, and its insurance business through its wholly-owned subsidiary, Park Wilshire Companies, Inc., a licensed insurance agency.

Company profile

Ticker

SIEB

Exchange

Website

Incorporated

Location

Fiscal year end

Sector

Finance and Insurance > Investment Banking and Securities Dealing

Industry (SIC)

Security Brokers, Dealers & Flotation Companies

Goldman Sachs • Morgan Stanley • Nomura • Blackrock • Charles Schwab • Jefferies Financial • Interactive Brokers • Raymond James Financial • Jones Financial Companies LLLP • XP ...

Former names

MICHAELS J INC

SEC CIK

0000065596

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Muriel Siebert & Co., Inc. • Siebert AdvisorNXT, Inc. • Park Wilshire Companies, Inc. • Siebert Technologies, LLC • RISE Financial Services, LLC • StockCross Digital Solutions, Ltd. ...

IRS number

111796714

SIEB stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

DEFA14A

Additional proxy soliciting materials

15 May 23

Additional proxy soliciting materials

3 May 23

8-K

Entry into a Material Definitive Agreement

3 May 23

DEFA14A

Additional proxy soliciting materials

29 Mar 23

Registration of securities for employees

29 Dec 22

8-K

Submission of Matters to a Vote of Security Holders

14 Nov 22

Latest ownership filings

View all

Initial statement of insider ownership

SIEBERT FINANCIAL / SIEBERT FINANCIAL ownership change

Financial summary

Financial statements Chart SIEB financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 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)	259.54 mm	259.54 mm	259.54 mm	259.54 mm	259.54 mm	259.54 mm
Cash burn (monthly)	13.43 mm	2.21 mm	(no burn)	(no burn)	13.00 mm	1.63 mm
Cash used (since last report)	26.13 mm	4.30 mm	n/a	n/a	25.30 mm	3.17 mm
Cash remaining	233.41 mm	255.24 mm	n/a	n/a	234.24 mm	256.38 mm
Runway (months of cash)	17.4	115.4	n/a	n/a	18.0	157.4

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

SIEB institutional ownership history Ownership history

52.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	18	15	+20.0%
Opened positions	3	1	+200.0%
Closed positions	0	4	EXIT
Increased positions	6	4	+50.0%
Reduced positions	4	5	-20.0%

13F shares	Current	Prev Q	Change
Total value	670.58 mm	71.09 mm	+843.3%
Total shares	16.97 mm	16.89 mm	+0.5%
Total puts	12.40 k	0.00	NEW
Total calls	7.90 k	51.80 k	-84.7%
Total put/call ratio	1.6	–	–

Largest owners	Shares	Value	Change
Kennedy Cabot Acquisition	16.41 mm	$70.38 mm	0.0%
Vanguard	153.45 k	$208.70 mm	+1.2%
Geode Capital Management	92.51 k	$124.00 k	-0.3%
BLK Blackrock	90.62 k	$123.25 mm	-0.2%
Susquehanna International	82.88 k	$111.88 mm	+18.3%
Advisor	34.63 k	$47.00 mm	0.0%
NTRS Northern Trust	34.31 k	$46.66 mm	0.0%
STT State Street	28.60 k	$38.61 mm	NEW
Millennium Management	25.15 k	$34.00 k	NEW
Citadel Advisors	14.72 k	$19.88 mm	NEW

Largest transactions	Shares	Bought/sold	Change
STT State Street	28.60 k	+28.60 k	NEW
Millennium Management	25.15 k	+25.15 k	NEW
Citadel Advisors	14.72 k	+14.72 k	NEW
Susquehanna International	82.88 k	+12.84 k	+18.3%
Simplex Trading	2.49 k	+2.47 k	+9864.0%
Vanguard	153.45 k	+1.75 k	+1.2%
Tower Research Capital	4.26 k	+638.00	+17.6%
BNP Paribas Arbitrage	327.00	+327.00	NEW
Geode Capital Management	92.51 k	-238.00	-0.3%
BLK Blackrock	90.62 k	-221.00	-0.2%

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

SIEB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
22 May 23	Gebbia Gloria E	Warrant Common stock	Other	Dispose J	No	No	2.15	403,780	868.13 k	0
10 Apr 23	Gebbia John M.	Common Stock, $0.01 par value per share	Sell	Dispose S	Yes	No	1.85	100,000	185.00 k	17,439,200
10 Apr 23	Gebbia John M.	Common Stock, $0.01 par value per share	Sell	Dispose S	No	No	1.85	100,000	185.00 k	1,909,091
16 Dec 22	Charles Zabatta	Common Stock, $0.01 par value per share	Gift	Dispose G	Yes	No	0	8,000	0.00	500,439
14 Dec 22	Gebbia Gloria E	Common Stock, $0.01 par value per share	Gift	Dispose G	Yes	No	0	100,000	0.00	17,539,200
14 Dec 22	Gebbia Gloria E	Common Stock, $0.01 par value per share	Gift	Dispose G	No	No	0	200,000	0.00	10,544,054