Perion Network Ltd.
PERI · Services-Computer Programming Services · EDGAR filings ↗
Reference price $10.44 — last insider sale, 2026-05-01 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
C56Adtech vendor with positive FCF and a cash-rich balance sheet, but declining revenue and a net loss.
Strengths
- Positive FCF, cash-rich — FCF $38.1M (75th), current ratio 2.76 (76th)
Risks
- Declining revenue — -11.7% (32nd) — search-partner (Microsoft) headwind
- Net loss — operating margin -3.4%, net income -162.9% (14th)
- Adtech/search-partner concentration — per 10-K
Notable findings
- Net lossNet loss (net margin -1.8%)
- Strong balance sheetStrong balance sheet — $241M cash & investments
- Revenue declineRevenue -11.7% YoY
- Insider sellingInsider selling — 4 open-market sale(s) by 4 insider(s) (cluster of 4 insiders, last 6mo) Form 4 ↗
Key metrics
Operating margin
-3.4%
Net margin
-1.8%
Return on equity
-1.2%
Return on assets
-0.9%
Revenue growth (QoQ)
-11.7%
Net-income growth
-162.9%
Current ratio
2.8×
Free cash flow
$38M
EBITDA
$3M
Tangible book value
$321M
Cash & investments
$241M
Stock comp / revenue
7.1%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-01 | Yap Stephen Moore | Sell | 3.1K | $10.44 |
| 2026-04-01 | VORHAUS MICHAEL | Sell | 2.2K | $10.00 |
| 2026-04-01 | Marcus Joy Sharon | Sell | 1.7K | $10.00 |
| 2026-04-01 | Kaplan Eyal | Sell | 2.9K | $10.00 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-16 | 2025-12-31 | 0001178913-26-000927 ↗ |
| 20-F | 2025-03-25 | 2024-12-31 | 0001178913-25-001021 ↗ |
| 20-F | 2024-04-08 | 2023-12-31 | 0001178913-24-001251 ↗ |
| 20-F | 2023-03-15 | 2022-12-31 | 0001178913-23-001008 ↗ |
| 20-F | 2022-03-16 | 2021-12-31 | 0001178913-22-001146 ↗ |
| 20-F | 2021-03-25 | 2020-12-31 | 0001178913-21-001193 ↗ |
| 20-F | 2020-03-16 | 2019-12-31 | 0001178913-20-000826 ↗ |
| 20-F | 2019-03-19 | 2018-12-31 | 0001178913-19-000875 ↗ |
| 20-F | 2018-03-27 | 2017-12-31 | 0001178913-18-000974 ↗ |
| 20-F | 2017-03-07 | 2016-12-31 | 0001178913-17-000702 ↗ |
| 20-F | 2016-03-24 | 2015-12-31 | 0001178913-16-004830 ↗ |
| 20-F | 2015-04-16 | 2014-12-31 | 0001178913-15-001254 ↗ |