ASCENT INDUSTRIES CO.
ACNT · Chemicals & Allied Products · 9.0M shares · +3%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: $277K (gross $1M, SBC $760K)
Reference price $12.88 · est. market cap ~$116M — last insider purchase, 2026-03-17 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D53Cash-rich post-divestiture specialty-chemicals micro-cap whose flattering net margin masks an operating loss and shrinking revenue.
Strengths
- Exceptional liquidity after BRISMET/ASTI sales: current 6.7, quick 6.0 (93rd pct), ~111 quarters cash runway
- No going-concern risk; restructuring toward a focused specialty-chemicals platform
Risks
- Operating margin -9.4% and revenue -7.2%; positive net margin is driven by one-off divestiture gains, not operations
- Top-5 customers = 51% of revenue; sub-scale model not yet generating operating profit
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Cash burnNegative free cash flow (-2.1M)
- Customer concentration~51% of revenue from one customer/distributor — A substantial portion of our sales is dependent upon a limited number of customers with the top five customers accounting for approximately 51% of revenues for 2025 and 35% of revenues for 2024
- Insider buyingInsider buying — 4 open-market buy(s) by 2 insider(s) (cluster of 2 insiders, ~$143,803, last 6mo) Form 4 ↗
- China exposurepresidential administration and potential tariff modifications or the imposition of tariffs or export controls by other countries, we have worked with our suppliers to mitigate supply chain challenges
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
23.0%
Operating margin
-9.4%
Net margin
1.2%
Return on equity
1.0%
Return on assets
0.8%
Revenue growth (QoQ)
3.5%
Current ratio
6.7×
Free cash flow
-$2M
EBITDA
-$6M
Tangible book value
$84M
Cash & investments
$58M
Cash runway
112q
Stock comp / revenue
1.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-10 | Mazzaferro Aldo John Jr | Grant | 4.2K | $13.59 |
| 2026-06-10 | Hutter Christopher Gerald | Grant | 4.2K | $13.59 |
| 2026-06-10 | Guy Henry L | Grant | 4.8K | $13.59 |
| 2026-06-10 | Rohen Jeremy | Grant | 4.8K | $13.59 |
| 2026-06-10 | Giannantonio Carmen Joseph | Grant | 5.5K | $13.59 |
| 2026-06-10 | Rosenzweig Benjamin L | Grant | 4.4K | $13.59 |
| 2026-04-01 | Giannantonio Carmen Joseph | Grant | 976 | $13.31 |
| 2026-04-01 | Rohen Jeremy | Grant | 2.2K | $13.31 |
| 2026-03-27 | Srinivas Ravi Ramesh | Tax withheld | 1.6K | $12.85 |
| 2026-03-27 | Shah Harshil Vipul | Tax withheld | 2.1K | $12.85 |
| 2026-03-27 | Pan Anthony X | Tax withheld | 1.7K | $12.85 |
| 2026-03-27 | Portnoy Kimberly | Tax withheld | 1.7K | $12.85 |
| 2026-03-27 | Herring Kenneth Wayne Jr | Tax withheld | 1.4K | $12.85 |
| 2026-03-26 | Pan Anthony X | Grant | 5.0K | $12.84 |
| 2026-03-26 | Herring Kenneth Wayne Jr | Grant | 3.8K | $12.84 |
| 2026-03-26 | Portnoy Kimberly | Grant | 5.9K | $12.84 |
| 2026-03-26 | Srinivas Ravi Ramesh | Grant | 4.6K | $12.84 |
| 2026-03-26 | Shah Harshil Vipul | Grant | 5.9K | $12.84 |
| 2026-03-17 | Kitchen John Bryan | Buy | 7.5K | $12.98 |
| 2026-03-17 | Kitchen John Bryan | Buy | 145 | $12.88 |
| 2026-03-06 | Pan Anthony X | Buy | 1.9K | $13.28 |
| 2026-03-06 | Pan Anthony X | Buy | 1.5K | $13.34 |
| 2026-02-11 | Kitchen John Bryan | Tax withheld | 1.2K | $17.32 |
| 2026-02-11 | Kavalauskas Ryan | Tax withheld | 867 | $17.32 |
| 2026-01-23 | Kitchen John Bryan | Tax withheld | 3.2K | $16.07 |
| 2026-01-23 | Kavalauskas Ryan | Tax withheld | 895 | $16.07 |
| 2026-01-22 | Kavalauskas Ryan | Grant | 2.5K | $16.45 |
| 2026-01-22 | Kitchen John Bryan | Grant | 9.1K | $16.45 |
| 2026-01-05 | Pan Anthony X | Tax withheld | 16 | $16.16 |
| 2026-01-05 | Srinivas Ravi Ramesh | Tax withheld | 15 | $16.16 |
| 2026-01-05 | Kitchen John Bryan | Tax withheld | 42 | $16.16 |
| 2026-01-05 | Kavalauskas Ryan | Tax withheld | 25 | $16.16 |
| 2026-01-05 | Shah Harshil Vipul | Tax withheld | 21 | $16.16 |
| 2026-01-05 | Herring Kenneth Wayne Jr | Tax withheld | 13 | $16.16 |
| 2026-01-05 | Portnoy Kimberly | Tax withheld | 19 | $16.16 |
| 2026-01-02 | Srinivas Ravi Ramesh | Tax withheld | 346 | $16.47 |
| 2026-01-02 | Portnoy Kimberly | Tax withheld | 427 | $16.47 |
| 2026-01-02 | Shah Harshil Vipul | Tax withheld | 491 | $16.47 |
| 2026-01-02 | Pan Anthony X | Tax withheld | 378 | $16.47 |
| 2026-01-02 | Herring Kenneth Wayne Jr | Tax withheld | 278 | $16.47 |
| 2026-01-02 | Kavalauskas Ryan | Tax withheld | 593 | $16.47 |
| 2026-01-02 | Kitchen John Bryan | Tax withheld | 987 | $16.47 |
| 2025-12-02 | Kavalauskas Ryan | Grant | 2.5K | $14.96 |
| 2025-12-02 | Kavalauskas Ryan | Tax withheld | 735 | $14.96 |
| 2025-12-02 | Kitchen John Bryan | Grant | 9.1K | $14.96 |
| 2025-12-02 | Kitchen John Bryan | Tax withheld | 4.1K | $14.96 |
| 2025-09-11 | Hutter Christopher Gerald | Sell | 48K | $12.25 |
| 2025-09-10 | Hutter Christopher Gerald | Sell | 40K | $12.38 |
| 2025-09-08 | Shah Harshil Vipul | Grant | 3.6K | $12.16 |
| 2025-09-08 | Pan Anthony X | Grant | 3.1K | $12.16 |
| 2025-09-08 | Herring Kenneth Wayne Jr | Grant | 2.3K | $12.16 |
| 2025-09-08 | Srinivas Ravi Ramesh | Grant | 2.8K | $12.16 |
| 2025-09-08 | Portnoy Kimberly | Grant | 3.6K | $12.16 |
| 2025-08-28 | Hutter Christopher Gerald | Sell | 2.1K | $12.07 |
| 2025-08-26 | Hutter Christopher Gerald | Sell | 9.3K | $12.02 |
| 2025-08-25 | Hutter Christopher Gerald | Sell | 40K | $12.12 |
| 2025-08-22 | Hutter Christopher Gerald | Sell | 40K | $12.11 |
| 2025-08-19 | Hutter Christopher Gerald | Sell | 470 | $12.26 |
| 2025-08-18 | Rosenzweig Benjamin L | Gift | 94K | — |
| 2025-08-15 | Hutter Christopher Gerald | Sell | 169 | $12.55 |
| 2025-08-14 | Hutter Christopher Gerald | Sell | 20K | $12.51 |
| 2025-06-25 | Mazzaferro Aldo John Jr | Grant | 2.4K | $12.60 |
| 2025-06-25 | Rosenzweig Benjamin L | Grant | 2.4K | $12.60 |
| 2025-06-25 | Guy Henry L | Grant | 2.4K | $12.60 |
| 2025-06-25 | Hutter Christopher Gerald | Grant | 2.4K | $12.60 |
| 2025-06-25 | Schauerman John P. | Grant | 4.0K | $12.60 |
| 2025-06-18 | Srinivas Ravi Ramesh | Buy | 4.0K | $12.44 |
| 2025-06-11 | Hutter Christopher Gerald | Sell | 8.3K | $13.45 |
| 2025-06-10 | Hutter Christopher Gerald | Sell | 4.7K | $13.58 |
| 2025-05-14 | Pan Anthony X | Buy | 4.0K | $11.67 |
| 2025-05-14 | Pan Anthony X | Buy | 1.4K | $11.65 |
| 2025-04-21 | Kitchen John Bryan | Grant | 8.3K | $12.65 |
| 2025-04-21 | Kavalauskas Ryan | Grant | 5.0K | $12.65 |
| 2025-03-21 | Srinivas Ravi Ramesh | Buy | 4.0K | $12.65 |
| 2025-03-17 | Hutter Christopher Gerald | Sell | 15K | $12.16 |
| 2025-03-06 | Srinivas Ravi Ramesh | Buy | 4.0K | $11.81 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-10 | Shareholder vote | filing ↗ |
| 2026-05-18 | Reg FDExhibits | filing ↗ |
| 2026-05-06 | Material agreementAcquisition/dispositionResultsReg FDExhibits | filing ↗ |
| 2026-04-01 | Exec/director changeOtherExhibits | filing ↗ |
| 2026-03-23 | Reg FDExhibits | filing ↗ |
| 2026-03-03 | ResultsExhibits | filing ↗ |
| 2025-12-19 | OtherExhibits | filing ↗ |
| 2025-12-15 | Material agreementExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-10 | 2026-06-10 | 0000095953-26-000084 ↗ |
| 8-K | 2026-05-18 | 2026-05-18 | 0000095953-26-000078 ↗ |
| 8-K | 2026-05-06 | 2026-05-04 | 0000095953-26-000074 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0000095953-26-000076 ↗ |
| 8-K | 2026-04-01 | 2026-03-31 | 0000095953-26-000059 ↗ |
| 8-K | 2026-03-23 | 2026-03-23 | 0000095953-26-000046 ↗ |
| 10-K | 2026-03-03 | 2025-12-31 | 0000095953-26-000040 ↗ |
| 8-K | 2026-03-03 | 2026-03-03 | 0000095953-26-000038 ↗ |
| 8-K | 2025-12-19 | 2025-12-16 | 0000095953-25-000132 ↗ |
| 8-K | 2025-12-15 | 2025-12-10 | 0000095953-25-000130 ↗ |
| 8-K | 2025-12-09 | 2025-12-09 | 0000095953-25-000128 ↗ |
| 8-K | 2025-11-17 | 2025-11-14 | 0000095953-25-000126 ↗ |