Andersen Group Inc.
ANDG · Services-Business Services, NEC · 110.9M shares · EDGAR filings ↗
Reference price $35.82 · est. market cap ~$4.0B — last insider purchase, 2026-05-20 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D50gen composite 52pct→69; net + operating loss; negative equity (distress)
Notable findings
- Negative equityNegative book equity (debt/equity -3.06)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -0.3%)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, GOLDMAN SACHS GROUP INC
- AccumulatingInstitutional holders rose 4→5 QoQ (2025-12-31→2026-03-31)
- Notable holderHeld by 3 notable fund(s): CITADEL ADVISORS LLC, RENAISSANCE TECHNOLOGIES LLC, STATE STREET CORP (as of 2026-03-31)
- New fund positionNotable fund(s) opened this quarter: STATE STREET CORP, RENAISSANCE TECHNOLOGIES LLC
Congressional trades
| Date | Member | Type | Owner | Amount |
|---|---|---|---|---|
| 2026-03-15 | Morrison, Kelly Louise · MN03 | sell (partial) | self | $100K+ |
| 2026-01-20 | Morrison, Kelly Louise · MN03 | sell (partial) | self | $250K+ |
| 2025-10-15 | Morrison, Kelly Louise · MN03 | sell (partial) | self | $50K+ |
| 2025-09-15 | Morrison, Kelly Louise · MN03 | sell (partial) | self | $100K+ |
| 2025-06-15 | Morrison, Kelly Louise · MN03 | sell (partial) | self | $250K+ |
| 2025-03-15 | Morrison, Kelly Louise · MN03 | sell (partial) | self | $250K+ |
| 2025-01-20 | Morrison, Kelly Louise · MN03 | sell (partial) | self | $500K+ |
STOCK Act Periodic Transaction Reports (U.S. House Clerk). Amounts are disclosed ranges, not exact figures.
Quarterly revenue
Last 2 quarters · from SEC filings.
Key metrics
Gross margin
29.0%
Operating margin
-16.1%
Net margin
-0.3%
Return on equity
1.7%
Return on assets
-0.4%
ROIC
-38.5%
Revenue growth (QoQ)
15.7%
Net-income growth
-101.7%
Debt / equity
-3.1×
Current ratio
2.1×
Free cash flow
$174M
EBITDA
-$126M
Tangible book value
-$167M
Cash & investments
$3M
Stock comp / revenue
17.6%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Adam Steinberger | Officer | — |
| Chad Thiel | Officer | — |
| Frank Cassidy | Officer | — |
| Jeff Malo | Officer | — |
| Mary Duffy | Officer | — |
| Peter Crocco | Officer | — |
| Sid Luckenbach | Officer | — |
| Vorsatz Mark Lawrence | See Remarks | — |
| Dorice Pepin | Director | — |
| John F. Nicolai | Director | — |
| John R. Joyce | Director | — |
| Joseph Karczewski | Director | — |
| Robert V. Gunderson | Director | — |
| Ronald L. Olson | Director | — |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-20 | Gunderson Robert V JR | Buy | 2.4K | $35.82 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-29 | 2026-06-25 | 0001193125-26-288725 ↗ |
| 8-K | 2026-06-23 | 2026-06-22 | 0001193125-26-278001 ↗ |
| 10-Q | 2026-05-12 | 2026-03-31 | 0001193125-26-219544 ↗ |
| 8-K | 2026-05-12 | 2026-05-12 | 0001193125-26-219512 ↗ |
| DEF 14A | 2026-04-30 | 2026-06-22 | 0001193125-26-196171 ↗ |
| 8-K | 2026-04-28 | 2026-04-27 | 0001193125-26-187013 ↗ |
| 10-K | 2026-03-27 | 2025-12-31 | 0001193125-26-128949 ↗ |
| 8-K | 2026-03-17 | 2026-03-17 | 0001193125-26-110698 ↗ |
| 8-K | 2025-12-22 | 2025-12-16 | 0001193125-25-328757 ↗ |