Associated Capital Group, Inc.
ACGP · Security Brokers, Dealers & Flotation Companies · 22.0M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $16M (gross $16M, SBC $72K)
Reference price $48.20 · est. market cap ~$1.1B — last insider sale, 2026-03-02 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C60Associated Capital Group — Gabelli-affiliated merger-arb/investment holding company.
Strengths
- High ROA (79th pct) and operating cash margin (95th); cash-rich
Risks
- Lumpy, investment-driven earnings; low ROE (19th)
- Merger-arbitrage and market-spread dependence
Notable findings
- Customer concentration~55% of revenue from one customer/distributor — Variable compensation is paid to sales personnel and portfolio management and may represent up to approximately 55% of revenues
- Strong balance sheetStrong balance sheet — $300M cash & investments
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
-142.3%
Net margin
336.5%
Return on equity
5.0%
Return on assets
4.7%
Revenue growth (QoQ)
3.7%
Net-income growth
18.4%
EBITDA
-$18M
Tangible book value
$889M
Cash & investments
$300M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-02 | GAMCO INVESTORS, INC. ET AL | Sell | 500 | $48.20 |
| 2025-09-29 | GAMCO INVESTORS, INC. ET AL | Sell | 500 | $45.35 |
| 2025-09-29 | GAMCO INVESTORS, INC. ET AL | Sell | 1.1K | $8.02 |
| 2025-09-26 | GAMCO INVESTORS, INC. ET AL | Sell | 500 | $45.51 |
| 2025-09-26 | GAMCO INVESTORS, INC. ET AL | Sell | 1.1K | $7.96 |
| 2025-09-25 | GAMCO INVESTORS, INC. ET AL | Sell | 800 | $45.41 |
| 2025-09-24 | GAMCO INVESTORS, INC. ET AL | Sell | 800 | $8.02 |
| 2025-09-19 | GAMCO INVESTORS, INC. ET AL | Sell | 2.7K | $8.16 |
| 2025-09-19 | GAMCO INVESTORS, INC. ET AL | Sell | 1.1K | $45.19 |
| 2025-09-18 | GAMCO INVESTORS, INC. ET AL | Sell | 800 | $45.49 |
| 2025-09-16 | GAMCO INVESTORS, INC. ET AL | Sell | 800 | $8.09 |
| 2025-09-15 | GAMCO INVESTORS, INC. ET AL | Sell | 1.5K | $8.09 |
| 2025-06-20 | GAMCO INVESTORS, INC. ET AL | Sell | 100 | $48.12 |
| 2025-05-28 | GABELLI MARIO J | Buy | 1.5K | $43.45 |
| 2025-05-23 | GABELLI MARIO J | Buy | 451 | $43.45 |
| 2025-03-12 | GAMCO INVESTORS, INC. ET AL | Buy | 300 | $7.07 |
| 2025-01-10 | Associated Capital Group, Inc. | Buy | 2.0K | $39.19 |
| 2024-12-31 | GAMCO INVESTORS, INC. ET AL | Buy | 500 | $7.71 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2025-08-15 | 2025-08-15 | 0001437749-25-027154 ↗ |
| 10-Q | 2025-08-07 | 2025-06-30 | 0001437749-25-025453 ↗ |
| 8-K | 2025-08-06 | 2025-08-06 | 0001437749-25-025092 ↗ |
| 8-K | 2025-07-08 | 2025-07-07 | 0001437749-25-022360 ↗ |
| 8-K | 2025-06-05 | 2025-06-04 | 0001437749-25-019585 ↗ |
| 10-Q | 2025-05-09 | 2025-03-31 | 0001437749-25-015833 ↗ |
| 8-K | 2025-05-09 | 2025-05-08 | 0001437749-25-015832 ↗ |
| 8-K | 2025-04-07 | 2025-04-04 | 0001437749-25-011217 ↗ |
| 10-K | 2025-03-19 | 2024-12-31 | 0001437749-25-008454 ↗ |
| 8-K | 2025-02-28 | 2025-02-28 | 0001437749-25-005735 ↗ |
| 8-K | 2025-02-05 | 2025-02-05 | 0001437749-25-002919 ↗ |
| 8-K | 2025-01-15 | 2025-01-10 | 0001437749-25-001210 ↗ |