founded in 1983, cadiz inc. is a renewable resource company that owns over 70 square miles of land with significant water resources in southern california. the company's properties, which are located at three sites in california's eastern mojave desert, offer abundant and renewable sources of clean water, an ideal environment for organic farming, and excellent land conservation opportunities. the company maintains an organic agricultural operation at its primary property in the cadiz valley and manages the largest desert tortoise land conservation bank in california. the company is also pursuing the cadiz valley water conservation, recovery and storage project, known as the cadiz water project, which will capture and conserve billions of gallons of renewable groundwater that is presently lost to evaporation and provide a new, sustainable water supply. through the active and safe management of the groundwater aquifer system at the site, the cadiz water project will reduce an ongoing los
Company profile
Ticker
CDZI, CDZIP
Exchange
Website
CEO
Scott Slater
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CADIZ LAND CO INC
SEC CIK
Corporate docs
Subsidiaries
Cadiz Real Estate LLC • Rancho Cadiz Mutual Water Company • SWI Estate, Inc. • ATEC Water Systems, LLC ...
IRS number
770313235
CDZI stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
19 Apr 24
8-K
Entry into a Material Definitive Agreement
19 Apr 24
PRE 14A
Preliminary proxy
12 Apr 24
8-K
Other Events
2 Apr 24
424B5
Prospectus supplement for primary offering
2 Apr 24
10-K
2023 FY
Annual report
28 Mar 24
8-K
Entry into a Material Definitive Agreement
14 Mar 24
8-K
Cadiz Closes Financing, Secures Development Capital For Water Supply Projects
6 Mar 24
8-K
Departure of Directors or Certain Officers
5 Mar 24
8-K
Entry into a Material Definitive Agreement
4 Mar 24
Latest ownership filings
4
Susan P Kennedy
19 Apr 24
4
Susan P Kennedy
18 Apr 24
4
Susan P Kennedy
15 Apr 24
4
STANLEY E SPEER
27 Mar 24
3
Barbara A Lloyd
11 Mar 24
4
Change in insider ownership
6 Mar 24
SC 13D/A
Heerema International Group Services SA
6 Mar 24
4
Maria S. Dreyfus
4 Jan 24
4
Susan P Kennedy
4 Jan 24
SC 13G/A
Odey Asset Management LLP
22 Dec 23
Financial summary
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Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Institutional ownership, Q3 2023
74.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 83 |
Opened positions | 11 |
Closed positions | 10 |
Increased positions | 29 |
Reduced positions | 19 |
13F shares | Current |
---|---|
Total value | 83.25 bn |
Total shares | 50.55 mm |
Total puts | 1.00 k |
Total calls | 2.60 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Heerema International Group Services | 23.63 mm | $0.00 |
272 Capital | 4.23 mm | $13.99 bn |
BLK Blackrock | 2.58 mm | $8.55 bn |
Boothbay Fund Management | 2.25 mm | $7.45 bn |
American Assets Capital Advisers | 2.25 mm | $7.44 bn |
Vanguard | 2.13 mm | $7.06 bn |
Capstone Investment Advisors | 2.05 mm | $6.78 bn |
RILY B. Riley Financial | 1.35 mm | $4.45 bn |
LGEN Legal & General | 1.16 mm | $3.85 bn |
Levin Capital Strategies | 1.06 mm | $3.52 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Apr 24 | Susan P Kennedy | Common Stock | Buy | Acquire P | No | No | 2.25 | 25,000 | 56.25 k | 966,921 |
16 Apr 24 | Susan P Kennedy | Common Stock | Grant | Acquire A | No | No | 0 | 700,000 | 0.00 | 941,921 |
16 Apr 24 | Susan P Kennedy | Performance Rights Common Stock | Sale back to company | Dispose D | No | No | 0 | 450,000 | 0.00 | 0 |
16 Apr 24 | Susan P Kennedy | Performance Rights Common Stock | Grant | Acquire A | No | No | 0 | 300,000 | 0.00 | 300,000 |
16 Apr 24 | Susan P Kennedy | RSU Common Stock | Grant | Acquire A | No | No | 0 | 600,000 | 0.00 | 600,000 |
11 Apr 24 | Susan P Kennedy | Common Stock | Grant | Acquire A | No | No | 0 | 150,000 | 0.00 | 241,921 |
15 Mar 24 | Speer Stanley E | Common Stock | Option exercise | Acquire M | No | No | 0 | 20,124 | 0.00 | 79,708 |
15 Mar 24 | Speer Stanley E | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 42,500 | 0.00 | 0 |
6 Mar 24 | Heerema International Group Services | Warrants to Purchase Common Stock Common Stock | Buy | Acquire P | Yes | No | 5 | 1,000,000 | 5.00 mm | 1,000,000 |
6 Mar 24 | Heerema International Group Services | Convertible Loan Common Stock | Buy | Acquire P | Yes | No | 5.3 | - | 20.00 mm | - |
News
Cadiz Announces Water Supply Agreement With Solstra Communities To Support Housing In Santa Barbara County; Water Supply From Cadiz Delivered Through Exchanges Of Water With Regional Water Contractors Using Its Northern Pipeline
24 Apr 24
Cadiz Q4 EPS $(0.12) Up From $(0.15) YoY, Sales $684.00K Up From $574.00K YoY
29 Mar 24
Cadiz And Heerema IGS Announce Financing Agreement; Heerema To Acquire $21.2M Senior Secured Loan And Provide Additional $20M
21 Feb 24
Press releases
Cadiz Announces Water Supply Agreement with Solstra Communities to Support Bold Attainable Housing in Santa Barbara County
24 Apr 24
Cadiz Inc. Declares Quarterly Dividend for Q1 2024 on Series A Cumulative Perpetual Preferred Stock
22 Mar 24
Cadiz Inc. Announces Appointment of Barbara Lloyd to its Board of Directors
1 Mar 24
Cadiz, Inc. and Heerema IGS Announce Financing Agreement to Drive Growth
21 Feb 24
Fenner Gap and Victor Valley Water Agencies Launch "One Water" Plan
26 Jan 24