STEVEN MADDEN, LTD.
SHOO · Footwear, (No Rubber) · 73.1M shares · -3%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $118M (gross $142M, SBC $24M)
Reference price $45.30 · est. market cap ~$3.3B — last insider sale, 2026-06-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C62Growing footwear/accessories brand with compressed operating margins this year (tariff/transition).
Strengths
- Growth — revenue +11.0% (48th)
- Positive FCF, low leverage — $119.5M, D/E 0.27
Risks
- Margin compression — operating margin 3.2% (46th), below norm
- Weak quick liquidity — 1.11 (29th)
- Wholesale/tariff exposure — per 10-K
Notable findings
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $112M cash & investments
- Buying back stockNet buyback — share count -3%/yr over 4y
- Notable holderHeld by 5 notable fund(s): FMR LLC, STATE STREET CORP, GOLDMAN SACHS GROUP INC +2 more (as of 2026-03-31)
- Revenue declineRevenue -13.3% YoY
- Insider sellingInsider selling — 8 open-market sale(s) by 5 insider(s) (cluster of 5 insiders, ~$1M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
41.4%
Operating margin
3.2%
Net margin
1.9%
Return on equity
5.7%
Return on assets
2.6%
ROIC
5.8%
Revenue growth (QoQ)
-13.3%
Net-income growth
-72.1%
Debt / equity
0.3×
Net debt / EBITDA
1.1×
Current ratio
1.9×
Free cash flow
$120M
EBITDA
$114M
Tangible book value
$330M
Cash & investments
$112M
Stock comp / revenue
1.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | MIGLIORINI PETER | Sell | 4.0K | $45.30 |
| 2026-06-15 | Reed Arian Simone | Sell | 1.1K | $45.38 |
| 2026-06-09 | Ciglar Christina | Sell | 5.1K | $44.74 |
| 2026-06-04 | Reed Arian Simone | Sell | 475 | $43.82 |
| 2026-06-03 | VARELA AMELIA | Sell | 10K | $43.45 |
| 2026-05-22 | Davis Peter Allan | Sell | 3.0K | $41.98 |
| 2026-05-20 | Reed Arian Simone | Sell | 648 | $39.97 |
| 2026-05-20 | Reed Arian Simone | Grant | 3.0K | — |
| 2026-05-20 | Sachdev Ravi | Grant | 3.0K | — |
| 2026-05-20 | LYNCH ROSE PEABODY | Grant | 3.0K | — |
| 2026-05-20 | MIGLIORINI PETER | Grant | 3.0K | — |
| 2026-05-20 | Kumar Maria Teresa | Grant | 3.0K | — |
| 2026-05-20 | KLIPPER MITCHELL S | Grant | 3.0K | — |
| 2026-05-20 | Ferrara Al | Grant | 3.0K | — |
| 2026-05-20 | Davis Peter Allan | Grant | 3.0K | — |
| 2026-03-15 | VARELA AMELIA | Tax withheld | 1.0K | $31.37 |
| 2026-03-15 | VARELA AMELIA | Grant | 8.0K | — |
| 2026-03-15 | Rosenfeld Edward R. | Grant | 108K | — |
| 2026-03-15 | Mazouzi Zine | Grant | 8.0K | — |
| 2026-03-15 | Mazouzi Zine | Tax withheld | 713 | $31.37 |
| 2026-03-15 | Keith Lisa | Grant | 1.6K | — |
| 2026-03-15 | Keith Lisa | Tax withheld | 143 | $31.37 |
| 2026-03-12 | Reed Arian Simone | Sell | 3.6K | $33.44 |
| 2026-03-01 | VARELA AMELIA | Tax withheld | 659 | $36.10 |
| 2026-03-01 | VARELA AMELIA | Tax withheld | 736 | $36.10 |
| 2026-03-01 | VARELA AMELIA | Tax withheld | 614 | $36.10 |
| 2026-03-01 | Rosenfeld Edward R. | Tax withheld | 5.6K | $36.10 |
| 2026-03-01 | Rosenfeld Edward R. | Tax withheld | 8.6K | $36.10 |
| 2026-03-01 | Rosenfeld Edward R. | Tax withheld | 9.6K | $36.10 |
| 2026-03-01 | Mazouzi Zine | Tax withheld | 465 | $36.10 |
| 2026-03-01 | Mazouzi Zine | Tax withheld | 365 | $36.10 |
| 2026-03-01 | Mazouzi Zine | Tax withheld | 520 | $36.10 |
| 2026-03-01 | Mazouzi Zine | Tax withheld | 433 | $36.10 |
| 2026-03-01 | Keith Lisa | Tax withheld | 94 | $36.10 |
| 2026-02-28 | Rosenfeld Edward R. | Tax withheld | 13K | $36.10 |
| 2026-02-28 | Rosenfeld Edward R. | Tax withheld | 9.0K | $36.10 |
| 2026-02-01 | Rosenfeld Edward R. | Tax withheld | 5.0K | $43.88 |
| 2026-02-01 | Keith Lisa | Tax withheld | 1.6K | $43.88 |
| 2026-01-07 | VARELA AMELIA | Grant | 25K | — |
| 2026-01-04 | Mazouzi Zine | Tax withheld | 2.1K | $42.20 |
| 2026-01-03 | VARELA AMELIA | Tax withheld | 4.7K | $42.20 |
| 2026-01-02 | Mazouzi Zine | Tax withheld | 1.9K | $42.20 |
| 2025-12-11 | Reed Arian Simone | Sell | 2.7K | $44.80 |
| 2025-12-01 | Rosenfeld Edward R. | Tax withheld | 8.3K | $42.93 |
| 2025-12-01 | Mazouzi Zine | Tax withheld | 526 | $42.93 |
| 2025-12-01 | VARELA AMELIA | Sell | 15K | $42.59 |
| 2025-11-25 | Keith Lisa | Sell | 2.4K | $42.05 |
| 2025-11-25 | Mazouzi Zine | Sell | 12K | $42.21 |
| 2025-11-25 | Keith Lisa | Sell | 2.5K | $42.05 |
| 2025-11-25 | MIGLIORINI PETER | Sell | 3.0K | $42.14 |
| 2025-11-12 | Davis Peter Allan | Sell | 660 | $39.30 |
| 2025-09-12 | Davis Peter Allan | Sell | 795 | $30.65 |
| 2025-08-04 | Davis Peter Allan | Sell | 2.3K | $24.88 |
| 2025-08-01 | Mazouzi Zine | Tax withheld | 511 | $23.52 |
| 2025-08-01 | Keith Lisa | Tax withheld | 581 | $23.52 |
| 2025-06-01 | Frieders Karla | Tax withheld | 2.2K | $24.65 |
| 2025-05-21 | Smith Robert Garrett | Grant | 4.9K | — |
| 2025-05-21 | Sachdev Ravi | Grant | 4.9K | — |
| 2025-05-21 | Reed Arian Simone | Grant | 4.9K | — |
| 2025-05-21 | MIGLIORINI PETER | Grant | 4.9K | — |
| 2025-05-21 | LYNCH ROSE PEABODY | Grant | 4.9K | — |
| 2025-05-21 | Kumar Maria Teresa | Grant | 4.9K | — |
| 2025-05-21 | KLIPPER MITCHELL S | Grant | 4.9K | — |
| 2025-05-21 | Ferrara Al | Grant | 4.9K | — |
| 2025-05-21 | Davis Peter Allan | Grant | 4.9K | — |
| 2025-05-12 | Ferrara Al | Buy | 4.0K | $26.06 |
| 2025-05-12 | KLIPPER MITCHELL S | Buy | 4.0K | $25.61 |
| 2025-05-12 | Davis Peter Allan | Sell | 2.2K | $26.13 |
| 2025-05-09 | Reed Arian Simone | Sell | 25 | $23.20 |
| 2025-05-01 | Frieders Karla | Tax withheld | 3.3K | $20.89 |
| 2025-03-14 | Rosenfeld Edward R. | Grant | 134K | — |
| 2025-03-14 | Keith Lisa | Grant | 2.0K | — |
| 2025-03-14 | Frieders Karla | Grant | 4.0K | — |
| 2025-03-14 | Mazouzi Zine | Grant | 9.9K | — |
| 2025-03-14 | VARELA AMELIA | Grant | 9.9K | — |
| 2025-03-11 | Davis Peter Allan | Sell | 933 | $26.98 |
| 2025-03-01 | Rosenfeld Edward R. | Tax withheld | 6.7K | $32.79 |
| 2025-03-01 | VARELA AMELIA | Tax withheld | 5.4K | $32.79 |
| 2025-03-01 | Mazouzi Zine | Tax withheld | 1.8K | $32.79 |
| 2025-03-01 | Keith Lisa | Tax withheld | 94 | $32.79 |
| 2025-03-01 | Frieders Karla | Tax withheld | 2.7K | $32.79 |
| 2025-02-28 | Rosenfeld Edward R. | Tax withheld | 36K | $32.79 |
| 2025-02-01 | Keith Lisa | Tax withheld | 1.6K | $41.05 |
| 2025-02-01 | Rosenfeld Edward R. | Tax withheld | 6.7K | $41.05 |
| 2025-01-04 | Mazouzi Zine | Tax withheld | 2.1K | $41.91 |
| 2025-01-03 | VARELA AMELIA | Tax withheld | 4.5K | $41.91 |
| 2025-01-02 | VARELA AMELIA | Tax withheld | 2.9K | $41.96 |
| 2025-01-02 | Mazouzi Zine | Tax withheld | 2.1K | $41.96 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-21 | Shareholder vote | filing ↗ |
| 2026-05-06 | ResultsOtherExhibits | filing ↗ |
| 2026-02-25 | ResultsOtherExhibits | filing ↗ |
| 2026-01-09 | Exec/director changeExhibits | filing ↗ |
| 2025-11-05 | ResultsOtherExhibits | filing ↗ |
| 2025-07-30 | ResultsOtherExhibits | filing ↗ |
| 2025-07-16 | Exhibits | filing ↗ |
| 2025-07-03 | Exec/director change | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-21 | 2026-05-20 | 0001493152-26-024816 ↗ |
| 10-Q | 2026-05-08 | 2026-03-31 | 0001628280-26-032774 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001493152-26-021398 ↗ |
| 10-K | 2026-03-02 | 2025-12-31 | 0001628280-26-012995 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0001493152-26-007955 ↗ |
| 8-K | 2026-01-09 | 2026-01-06 | 0001493152-26-001108 ↗ |
| 10-Q | 2025-11-10 | 2025-09-30 | 0001628280-25-050843 ↗ |
| 8-K | 2025-11-05 | 2025-11-05 | 0001493152-25-020804 ↗ |
| 10-Q | 2025-08-05 | 2025-06-30 | 0001628280-25-037646 ↗ |
| 8-K | 2025-07-30 | 2025-07-30 | 0001493152-25-011490 ↗ |
| 8-K/A | 2025-07-16 | 2025-05-06 | 0001641172-25-019919 ↗ |
| 8-K | 2025-07-03 | 2025-06-27 | 0001641172-25-017823 ↗ |