insteel industries, inc. is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. we manufacture and market prestressed concrete strand and welded wire reinforcement, including concrete pipe reinforcement, engineered structural mesh and standard welded wire reinforcement. our products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. approximately 800 employees work at insteel facilities located in arizona, florida, georgia, kentucky, missouri, north carolina, pennsylvania, tennessee and texas. the company's common stock is traded on the nasdaq global select market under the symbol iiin.
Company profile
Ticker
IIIN
Exchange
Website
CEO
H. Woltz
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Insteel Wire Products Company • Intercontinental Metals Corporation ...
IRS number
560674867
IIIN stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
25 Apr 24
8-K
Insteel Industries Reports Second Quarter 2024 Results
25 Apr 24
8-K
Submission of Matters to a Vote of Security Holders
14 Feb 24
8-K
Insteel Industries Declares Quarterly Cash Dividend
13 Feb 24
10-Q
2024 Q1
Quarterly report
18 Jan 24
8-K
Insteel Industries Reports First Quarter 2024 Results
18 Jan 24
ARS
2023 FY
Annual report to shareholders
3 Jan 24
DEF 14A
Definitive proxy
3 Jan 24
8-K
Insteel Industries Declares Regular
14 Nov 23
10-K
2023 FY
Annual report
26 Oct 23
Transcripts
IIIN
Earnings call transcript
2024 Q2
25 Apr 24
IIIN
Earnings call transcript
2024 Q1
18 Jan 24
IIIN
Earnings call transcript
2023 Q4
19 Oct 23
IIIN
Earnings call transcript
2023 Q3
20 Jul 23
IIIN
Earnings call transcript
2023 Q2
20 Apr 23
IIIN
Earnings call transcript
2023 Q1
19 Jan 23
IIIN
Earnings call transcript
2022 Q4
20 Oct 22
IIIN
Earnings call transcript
2022 Q3
21 Jul 22
IIIN
Earnings call transcript
2022 Q2
21 Apr 22
IIIN
Earnings call transcript
2021 Q4
20 Jan 22
Latest ownership filings
Financial summary
Quarter (USD) | Dec 23 | Sep 23 | Jul 23 | Apr 23 | |
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Diluted EPS |
Annual (USD) | Sep 23 | Dec 22 | Oct 22 | Oct 21 | |
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Revenue | |||||
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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) | 85.62 mm | 85.62 mm | 85.62 mm | 85.62 mm | 85.62 mm | 85.62 mm |
Cash burn (monthly) | 13.35 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 52.24 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 33.38 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 2.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
84.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 153 |
Opened positions | 24 |
Closed positions | 17 |
Increased positions | 49 |
Reduced positions | 55 |
13F shares | Current |
---|---|
Total value | 499.90 bn |
Total shares | 16.42 mm |
Total puts | 3.00 k |
Total calls | 44.80 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.36 mm | $108.95 bn |
Vanguard | 1.26 mm | $40.90 bn |
Dimensional Fund Advisors | 1.23 mm | $39.98 bn |
Royce & Associates | 946.91 k | $30.74 bn |
STT State Street | 703.39 k | $22.83 bn |
RBC Global Asset Management | 643.33 k | $15.62 mm |
BEN Franklin Resources | 637.24 k | $20.68 bn |
Mirae Asset Global Investments | 527.63 k | $17.13 bn |
Geode Capital Management | 390.28 k | $12.67 bn |
RY Royal Bank Of Canada | 354.01 k | $11.49 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Richard Wagner | Common Stock | Sell | Dispose S | No | No | 36.1419 | 1,715 | 61.98 k | 40,952 |
16 Feb 24 | Scot R Jafroodi | Common Stock | Payment of exercise | Dispose F | No | No | 35.25 | 319 | 11.24 k | 41,195 |
16 Feb 24 | Scot R Jafroodi | Common Stock | Option exercise | Acquire M | No | No | 35.25 | 934 | 32.92 k | 41,514 |
16 Feb 24 | Scot R Jafroodi | RSU | Option exercise | Dispose M | No | No | 35.25 | 934 | 32.92 k | 0 |
16 Feb 24 | James R. York | Common Stock | Payment of exercise | Dispose F | No | No | 35.25 | 319 | 11.24 k | 5,219 |
16 Feb 24 | James R. York | Common Stock | Option exercise | Acquire M | No | No | 35.25 | 934 | 32.92 k | 5,538 |
16 Feb 24 | James R. York | RSU | Option exercise | Dispose M | No | No | 35.25 | 934 | 32.92 k | 0 |
16 Feb 24 | Richard Wagner | Common Stock | Payment of exercise | Dispose F | No | No | 35.25 | 734 | 25.87 k | 42,667 |
16 Feb 24 | Richard Wagner | Common Stock | Option exercise | Acquire M | No | No | 35.25 | 2,336 | 82.34 k | 43,401 |
16 Feb 24 | Richard Wagner | RSU | Option exercise | Dispose M | No | No | 35.25 | 2,336 | 82.34 k | 0 |