People Inc
PPLI, IAC · Services-Computer Programming, Data Processing, Etc. · 86.5M shares · +0%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: $17M (gross $166M, SBC $148M)
Reference price $40.54 · est. market cap ~$3.5B — last insider sale, 2026-05-12 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C52Digital-media publisher near breakeven with declining revenue.
Strengths
- Decent gross margin, adequate liquidity — gross margin 66%, current ratio 2.8 (64th)
Risks
- Near-breakeven/net loss — operating margin -4%, net margin -4%
- Revenue decline — -9%
- Ad-market and traffic-dependence risk — per 10-K
Notable findings
- Customer concentration~34% of revenue from one customer/distributor — Cost of revenue (exclusive of depreciation shown separately below) Year Ended December 31, 2025 Change 2025 2024 $ Change % Change (Dollars in thousands) Cost of revenue (exclusive of deprec
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, Bridgewater Associates, LP
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -4.3%)
- Strong balance sheetStrong balance sheet — $960M cash & investments
- Insider sellingInsider selling — 1 open-market sale(s) by 1 insider(s) (~$278,801, last 6mo) Form 4 ↗
- Revenue declineRevenue -34.5% YoY
- Notable holderHeld by 5 notable fund(s): SOUTHEASTERN ASSET MANAGEMENT INC/TN/, STATE STREET CORP, GOLDMAN SACHS GROUP INC +2 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
66.2%
Operating margin
-4.1%
Net margin
-4.3%
Return on equity
-2.2%
Return on assets
-1.5%
ROIC
-1.3%
Revenue growth (QoQ)
-34.5%
Debt / equity
0.3×
Current ratio
2.8×
Tangible book value
$2.5B
Cash & investments
$960M
Stock comp / revenue
1.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-18 | EISNER MICHAEL D | Option exercise | 2.3K | — |
| 2026-06-18 | Lourd Bryan | Option exercise | 2.3K | — |
| 2026-06-18 | Braham Tor | Option exercise | 2.3K | — |
| 2026-06-18 | Clinton Chelsea | Option exercise | 2.3K | — |
| 2026-06-18 | Von Furstenberg Alexander | Option exercise | 2.3K | — |
| 2026-06-18 | Seferian Maria | Option exercise | 2.3K | — |
| 2026-06-18 | SPOON ALAN G | Option exercise | 2.3K | — |
| 2026-06-18 | ZANNINO RICHARD F | Option exercise | 2.3K | — |
| 2026-06-18 | ROSENBLATT DAVID S | Option exercise | 2.3K | — |
| 2026-06-18 | Hammer Bonnie S | Option exercise | 2.3K | — |
| 2026-06-15 | ROSENBLATT DAVID S | Option exercise | 1.6K | — |
| 2026-06-15 | Von Furstenberg Alexander | Option exercise | 1.6K | — |
| 2026-06-15 | SPOON ALAN G | Option exercise | 1.6K | — |
| 2026-06-15 | ZANNINO RICHARD F | Option exercise | 1.6K | — |
| 2026-06-15 | Lourd Bryan | Option exercise | 1.6K | — |
| 2026-06-15 | Hammer Bonnie S | Option exercise | 1.6K | — |
| 2026-06-15 | Clinton Chelsea | Option exercise | 1.6K | — |
| 2026-06-15 | EISNER MICHAEL D | Option exercise | 1.6K | — |
| 2026-06-11 | ROSENBLATT DAVID S | Option exercise | 2.1K | — |
| 2026-06-11 | ZANNINO RICHARD F | Option exercise | 2.1K | — |
| 2026-06-11 | Seferian Maria | Option exercise | 2.1K | — |
| 2026-06-11 | Lourd Bryan | Option exercise | 2.1K | — |
| 2026-06-11 | Von Furstenberg Alexander | Option exercise | 2.1K | — |
| 2026-06-11 | SPOON ALAN G | Option exercise | 2.1K | — |
| 2026-06-11 | Hammer Bonnie S | Option exercise | 2.1K | — |
| 2026-06-11 | EISNER MICHAEL D | Option exercise | 2.1K | — |
| 2026-06-11 | Clinton Chelsea | Option exercise | 2.1K | — |
| 2026-05-12 | Schwerdtman Michael H | Sell | 6.9K | $40.54 |
| 2026-03-31 | EISNER MICHAEL D | Grant | 359 | $40.03 |
| 2026-03-31 | Lourd Bryan | Grant | 406 | $40.03 |
| 2026-03-31 | Clinton Chelsea | Grant | 156 | $40.03 |
| 2026-03-31 | Seferian Maria | Grant | 312 | $40.03 |
| 2026-02-28 | Schwerdtman Michael H | Option exercise | 11K | — |
| 2026-02-28 | Schwerdtman Michael H | Tax withheld | 4.4K | $38.32 |
| 2026-02-10 | KAUFMAN VICTOR | Option exercise | 2.4K | — |
| 2026-02-10 | KAUFMAN VICTOR | Tax withheld | 1.0K | $36.47 |
| 2026-02-08 | Handler Kendall | Option exercise | 29K | — |
| 2026-02-08 | Handler Kendall | Tax withheld | 15K | $35.65 |
| 2026-02-08 | Halpin Christopher | Option exercise | 23K | — |
| 2026-02-08 | Halpin Christopher | Tax withheld | 12K | $35.65 |
| 2026-02-06 | Handler Kendall | Option exercise | 19K | — |
| 2026-02-06 | Halpin Christopher | Option exercise | 85K | — |
| 2026-02-06 | Halpin Christopher | Tax withheld | 43K | $35.65 |
| 2026-02-06 | Handler Kendall | Tax withheld | 9.9K | $35.65 |
| 2026-02-06 | Handler Kendall | Option exercise | 43K | — |
| 2026-02-06 | Handler Kendall | Tax withheld | 22K | $35.65 |
| 2026-02-06 | Halpin Christopher | Option exercise | 41K | — |
| 2026-02-06 | Halpin Christopher | Tax withheld | 21K | $35.65 |
| 2025-12-31 | Clinton Chelsea | Grant | 160 | $39.10 |
| 2025-12-31 | Lourd Bryan | Grant | 416 | $39.10 |
| 2025-12-31 | Seferian Maria | Grant | 320 | $39.10 |
| 2025-12-31 | EISNER MICHAEL D | Grant | 368 | $39.10 |
| 2025-12-12 | Seferian Maria | Option exercise | 2.1K | — |
| 2025-11-30 | Handler Kendall | Tax withheld | 26K | $35.07 |
| 2025-11-30 | Handler Kendall | Option exercise | 22K | — |
| 2025-11-30 | Handler Kendall | Tax withheld | 11K | $35.07 |
| 2025-11-30 | Handler Kendall | Option exercise | 51K | — |
| 2025-11-05 | Diller Barry | Option exercise | 439K | — |
| 2025-11-05 | Diller Barry | Tax withheld | 241K | $33.01 |
| 2025-09-30 | Seferian Maria | Grant | 367 | $34.07 |
| 2025-09-30 | Clinton Chelsea | Grant | 183 | $34.07 |
| 2025-09-30 | EISNER MICHAEL D | Grant | 422 | $34.07 |
| 2025-09-30 | Lourd Bryan | Grant | 477 | $34.07 |
| 2025-06-30 | EISNER MICHAEL D | Grant | 343 | $37.34 |
| 2025-06-30 | Clinton Chelsea | Grant | 167 | $37.34 |
| 2025-06-30 | Seferian Maria | Grant | 335 | $37.34 |
| 2025-06-30 | Lourd Bryan | Grant | 407 | $37.34 |
| 2025-06-23 | Von Furstenberg Alexander | Option exercise | 1.3K | — |
| 2025-06-23 | SPOON ALAN G | Grant | 1.3K | — |
| 2025-06-23 | ZANNINO RICHARD F | Grant | 1.3K | — |
| 2025-06-23 | ROSENBLATT DAVID S | Grant | 1.3K | — |
| 2025-06-23 | Lourd Bryan | Grant | 1.3K | — |
| 2025-06-23 | Hammer Bonnie S | Grant | 1.3K | — |
| 2025-06-23 | EISNER MICHAEL D | Grant | 1.3K | — |
| 2025-06-23 | Clinton Chelsea | Grant | 1.3K | — |
| 2025-06-15 | SPOON ALAN G | Option exercise | 1.6K | — |
| 2025-06-15 | Lourd Bryan | Option exercise | 1.6K | — |
| 2025-06-15 | EISNER MICHAEL D | Option exercise | 1.6K | — |
| 2025-06-15 | Von Furstenberg Alexander | Option exercise | 1.6K | — |
| 2025-06-15 | ROSENBLATT DAVID S | Option exercise | 1.6K | — |
| 2025-06-15 | Clinton Chelsea | Option exercise | 1.6K | — |
| 2025-06-15 | Hammer Bonnie S | Option exercise | 1.6K | — |
| 2025-06-15 | ZANNINO RICHARD F | Option exercise | 1.6K | — |
| 2025-06-11 | Seferian Maria | Option exercise | 2.1K | — |
| 2025-06-11 | SPOON ALAN G | Option exercise | 2.1K | — |
| 2025-06-11 | Lourd Bryan | Grant | 2.1K | — |
| 2025-06-11 | ROSENBLATT DAVID S | Option exercise | 2.1K | — |
| 2025-06-11 | Von Furstenberg Alexander | Option exercise | 2.1K | — |
| 2025-06-11 | ZANNINO RICHARD F | Option exercise | 2.1K | — |
| 2025-06-11 | Hammer Bonnie S | Option exercise | 2.1K | — |
| 2025-06-11 | EISNER MICHAEL D | Option exercise | 2.1K | — |
| 2025-06-11 | Clinton Chelsea | Option exercise | 2.1K | — |
| 2025-03-31 | Seferian Maria | Grant | 272 | $45.94 |
| 2025-03-31 | Lourd Bryan | Grant | 326 | $45.94 |
| 2025-03-31 | EISNER MICHAEL D | Grant | 272 | $45.94 |
| 2025-03-31 | Clinton Chelsea | Grant | 136 | $45.94 |
| 2025-03-31 | IAC Inc. | Option exercise | 41.7M | — |
| 2025-03-31 | IAC Inc. | Disposition | 42.1M | — |
| 2025-03-07 | IAC Inc. | Other | 1.2M | $1.66 |
| 2025-03-05 | Diller Barry | Option exercise | 500K | $13.71 |
| 2025-03-05 | Diller Barry | Option exercise | 500K | $17.14 |
| 2025-03-05 | Diller Barry | Tax withheld | 700K | $45.32 |
| 2025-03-05 | Diller Barry | Gift | 5.0K | — |
| 2025-02-15 | KAUFMAN VICTOR | Grant | 28K | — |
| 2025-02-15 | KAUFMAN VICTOR | Tax withheld | 11K | $47.02 |
| 2025-02-15 | Handler Kendall | Option exercise | 28K | — |
| 2025-02-15 | Handler Kendall | Tax withheld | 14K | $47.02 |
| 2025-02-08 | Halpin Christopher | Option exercise | 56K | — |
| 2025-02-08 | Halpin Christopher | Tax withheld | 28K | $41.60 |
| 2025-01-13 | LEVIN JOSEPH | Disposition | 3.0M | — |
| 2024-12-31 | Lourd Bryan | Grant | 348 | $43.14 |
| 2024-12-31 | EISNER MICHAEL D | Grant | 290 | $43.14 |
| 2024-12-31 | Clinton Chelsea | Grant | 145 | $43.14 |
All non-derivative Form 4 activity (SEC), newest first.
Clinical trials
| Trial | Title | Phase | Status | Primary completion |
|---|---|---|---|---|
| NCT06046079 ↗ | Predictors of Health Service Utilizations Among Key Population in Washington DC Pre-exposure Prophylaxis, HIV | — | Recruiting | 2025-07-03 |
| NCT05499962 ↗ | SNS and PrEP Initiation and Adherence in Black SMM HIV | NA | Unknown | 2023-12-01 |
Source: ClinicalTrials.gov (U.S. NIH) · active studies first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-22 | Exec/director changeOtherExhibits | filing ↗ |
| 2026-06-04 | 5.03Exhibits | filing ↗ |
| 2026-06-02 | Reg FDExhibits | filing ↗ |
| 2026-06-01 | Reg FDExhibits | filing ↗ |
| 2026-05-04 | ResultsReg FDExhibits | filing ↗ |
| 2026-04-28 | Results2.05Exec/director changeReg FDExhibits | filing ↗ |
| 2026-04-07 | Reg FDExhibits | filing ↗ |
| 2026-04-07 | OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-22 | 2026-06-16 | 0001104659-26-076369 ↗ |
| 8-K | 2026-06-04 | 2026-06-04 | 0001104659-26-070364 ↗ |
| 8-K | 2026-06-02 | 2026-06-02 | 0001628280-26-039787 ↗ |
| 8-K | 2026-06-01 | 2026-06-01 | 0001104659-26-068672 ↗ |
| 10-Q | 2026-05-04 | 2026-03-31 | 0001628280-26-029798 ↗ |
| 8-K | 2026-05-04 | 2026-05-04 | 0001628280-26-029796 ↗ |
| 8-K | 2026-04-28 | 2026-04-27 | 0001104659-26-049837 ↗ |
| 8-K | 2026-04-07 | 2026-04-03 | 0001104659-26-040419 ↗ |
| 8-K | 2026-04-07 | 2026-04-07 | 0001628280-26-024065 ↗ |
| 10-K/A | 2026-04-01 | 2025-12-31 | 0001193125-26-138027 ↗ |
| 8-K | 2026-03-16 | 2026-03-16 | 0001104659-26-028545 ↗ |
| 8-K | 2026-03-02 | 2026-03-02 | 0001104659-26-022305 ↗ |