VATE Innovate (VATE) Insider Trading, Ownership & Congress Trades
Industrials · Fabricated structural metal products · CIK 0001006837
Activist 13D
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
35
13F, latest reported quarter
What the filings say about VATE
Activist stakes (13D), 180 days
1 filing
Largest: 7.4% of the class
Innovate insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
No insider purchases or sales are on record for INNOVATE Corp. in the period covered. Source: SEC Form 4 filings, as of 2026-10-27.
Insider
Filed
Shares
Value
Since filing
Context
- 5 earlier Form 4 trades (code P or S) here by this insider (5 buys), the last on Sep 12, 2024.
- -37.7% median (-20.2% mean) 90-day return after 5 previous buys.
- The trade is 100.0% of the 25,000 shares held after it.
- No other insider bought within 30 days.
- 35 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Interim CEO Voigt Paul bought about $99.5K of VATE on Nov 19, 2024; 35 funds added in the latest 13F quarter.Context
- 4 earlier Form 4 trades (code P or S) here by this insider (4 buys), the last on Jun 14, 2024.
- -38.3% median (-38.2% mean) 90-day return after 4 previous buys.
- The trade is 20.7% of the 211,655 shares held after it.
- No other insider bought within 30 days.
- 35 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Interim CEO Voigt Paul bought about $166.4K of VATE on Sep 12, 2024, the largest insider purchase at the company since 2022; 35 funds added in the latest 13F quarter.Context
- 3 earlier Form 4 trades (code P or S) here by this insider (3 buys), the last on Jun 12, 2024.
- -38.9% median (-38.4% mean) 90-day return after 3 previous buys.
- The trade is 0.0% of the 1,678,695 shares held after it.
- No other insider bought within 30 days.
- 35 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Interim CEO Voigt Paul bought about $106 of VATE on Jun 14, 2024; 35 funds added in the latest 13F quarter.Context
- 2 earlier Form 4 trades (code P or S) here by this insider (2 buys), the last on Jun 11, 2024.
- -38.2% median (-38.2% mean) 90-day return after 2 previous buys.
- The trade is 0.4% of the 1,678,519 shares held after it.
- No other insider bought within 30 days.
- 35 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Interim CEO Voigt Paul bought about $4.2K of VATE on Jun 12, 2024; 35 funds added in the latest 13F quarter.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 buy), the last on Jun 10, 2024.
- The trade is 0.5% of the 1,671,489 shares held after it.
- No other insider bought within 30 days.
- 35 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Interim CEO Voigt Paul bought about $5.3K of VATE on Jun 11, 2024, the largest insider purchase at the company since 2023; 35 funds added in the latest 13F quarter.22 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
no insider buys or sells on file
Congress
no House purchase disclosed in the last 12 months
Funds
35 funds bought in last quarter
below 82% of Industrials
Revenue
+12.5% year over year
more than 72% of Industrials
Margin
-4.9% net margin
below 77% of Industrials
Buybacks
no share repurchases reported
Short interest
16.6% of the float short (float per yahoo 2026-10-26) · 4.8 days to cover · settled 2026-09-30
more than 60% of Industrials
The situation: each line is one rule over one dataset
Voigt Paul disclosed a 5%+ stake (7.4%) in the last six months.
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch VATE
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+5.6%12M
13D/G stake
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns VATE: institutional holders (13F)
13F holdings, latest reported quarter
743,000 sh
$13.9M
700,802 sh
$13.1M
354,408 sh
$6.6M
228,667 sh
$4.3M
128,530 sh
$2.4M
Congress trades in VATE
No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.
Activist and 5% holders (13D/13G)
13D: intends to influence · 13G: passive
Voigt Paul
Activist 13D · 2026-08-14
7.4%
Paul K. Voigt Rev Trust, Paul K. Voigt TTE U/A DTD 11/20/2008 By Paul K. Voigt
Activist 13D · 2026-08-14
0.2%
Jessie Holdings LLC
Activist 13D · 2026-08-14
0.1%
VATE planned insider sales (Form 144)
No planned-sale notices
No insider has filed to sell. Watch this after a run-up.
VATE mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Ultra-Small Company Market Fund
$466.8K position · as of 2026-06-30
0.3%
Ultra-Small Company Fund
$214.7K position · as of 2026-06-30
0.2%
Gabelli Global Mini Mites Fund
$46.7K position · as of 2026-06-30
0.2%
TETON Westwood Mighty Mites Fund
$130.7K position · as of 2026-06-30
0.1%
iShares Micro-Cap ETF
$349.8K position · as of 2026-06-30
0.0%
The Gabelli Small Cap Growth Fund
$289.4K position · as of 2026-06-30
0.0%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Paul K. Voigt
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$1.8M
$1.6M
$938.5K
-76%
n/a
2024
$2.7M
$2.4M
$1.0M
-74%
n/a
2023
$918.9K
$975.5K
$1.6M
-34%
n/a
2022
$1.3M
$1.1M
$1.3M
-49%
n/a
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
An activist crossed the 5% line with declared intent.
The record shows 35 funds added last quarter. Each figure is a federal filing, dated the day it went public.
VATE financials
Revenue growth
+12.5%
XBRL, annual
Net margin
-4.9%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$1.5B
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM VATE
| FY Dec 2025 | $1.2B |
| FY Dec 2024 | $1.1B |
| FY Dec 2023 | $1.4B |
| FY Dec 2022 | $1.6B |
| FY Dec 2021 | $1.2B |
| Jun 2026 | $421.6M |
| Mar 2026 | $364.8M |
| Dec 2025 | $382.7M |
| Sep 2025 | $347.1M |
| Jun 2025 | $242.0M |
| Mar 2025 | $274.2M |
| Dec 2024 | $236.6M |
| Sep 2024 | $242.2M |
At each fiscal year end
Single quarter
Net margin, TTM
-1.5%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM VATE
| FY Dec 2025 | -4.9% |
| FY Dec 2024 | -3.1% |
| FY Dec 2023 | -2.5% |
| FY Dec 2022 | -2.2% |
| FY Dec 2021 | -18.9% |
| Jun 2026 | +2.5% |
| Mar 2026 | -4.6% |
| Dec 2025 | -1.9% |
| Sep 2025 | -2.6% |
| Jun 2025 | -8.2% |
| Mar 2025 | -8.9% |
| Dec 2024 | -7.0% |
| Sep 2024 | -6.2% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$140.7M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM VATE
| FY Dec 2025 | $146.1M |
| FY Dec 2024 | -$9.9M |
| FY Dec 2023 | $8.1M |
| FY Dec 2022 | -$30.2M |
| FY Dec 2021 | $2.9M |
| Jun 2026 | -$24.7M |
| Mar 2026 | $45.3M |
| Dec 2025 | $101.1M |
| Sep 2025 | $19.0M |
| Jun 2025 | $44.8M |
| Mar 2025 | -$18.8M |
| Dec 2024 | $34.2M |
| Sep 2024 | -$31.5M |
At each fiscal year end
Single quarter
Debt to equity
n/a
equity is zero or negative, the ratio has no meaning
Debt to equity VATE
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.23x
TTM operating cash flow over long-term 2026-06-30 plus current 2026-06-30
Cash flow to debt VATE
| FY Dec 2025 | 0.24x |
| FY Dec 2024 | 0.01x |
| FY Dec 2023 | 0.04x |
| FY Dec 2022 | -0.01x |
| FY Dec 2021 | 0.04x |
| Jun 2026 | 0.23x |
| Mar 2026 | 0.30x |
| Dec 2025 | 0.24x |
| Sep 2025 | 0.13x |
| Jun 2025 | 0.06x |
| Mar 2025 | 0.03x |
| Dec 2024 | 0.01x |
| Sep 2024 | 0.04x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
n/a
average equity is zero or negative
Return on equity VATE
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | -95.7% |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
-2.4%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets VATE
| FY Dec 2025 | -6.6% |
| FY Dec 2024 | -3.6% |
| FY Dec 2023 | -3.2% |
| FY Dec 2022 | -3.2% |
| FY Dec 2021 | -5.8% |
| Jun 2026 | -2.4% |
| Mar 2026 | -5.9% |
| Dec 2025 | -6.6% |
| Sep 2025 | -7.7% |
| Jun 2025 | -8.5% |
| Mar 2025 | -4.6% |
| Dec 2024 | -3.6% |
| Sep 2024 | -2.7% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
pre-tax loss, no effective tax rate to apply
Return on invested capital VATE
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
n/a
capital employed is zero or negative
Return on capital employed VATE
| FY Dec 2025 | +17.7% |
| FY Dec 2024 | +7.7% |
| FY Dec 2023 | +3.9% |
| FY Dec 2022 | +1.9% |
| FY Dec 2021 | -1.5% |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | +17.7% |
| Sep 2025 | +9.2% |
| Jun 2025 | +5.3% |
| Mar 2025 | +13.2% |
| Dec 2024 | +7.7% |
| Sep 2024 | +10.6% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
P/E, trailing VATE
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$605.1M
market value at close 2026-10-26 on 2026-08-03 shares, plus long-term 2026-06-30 plus current 2026-06-30, minus cash 2026-06-30
Enterprise value VATE
| FY Dec 2025 | $552.4M |
| FY Dec 2024 | $686.5M |
| FY Dec 2023 | $1.6B |
| FY Dec 2022 | $2.1B |
| FY Dec 2021 | $3.5B |
| Jun 2026 | $782.9M |
| Mar 2026 | $622.5M |
| Dec 2025 | $552.4M |
| Sep 2025 | $698.8M |
| Jun 2025 | $678.2M |
| Mar 2025 | $734.1M |
| Dec 2024 | $686.5M |
| Sep 2024 | $1.1B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+182.9%
TTM free cash flow over market value at close 2026-10-26
FCF yield VATE
| FY Dec 2025 | +236.7% |
| FY Dec 2024 | -15.1% |
| FY Dec 2023 | +0.8% |
| FY Dec 2022 | -2.1% |
| FY Dec 2021 | +0.1% |
| Jun 2026 | +55.2% |
| Mar 2026 | +271.2% |
| Dec 2025 | +236.7% |
| Sep 2025 | +121.4% |
| Jun 2025 | +42.0% |
| Mar 2025 | +2.2% |
| Dec 2024 | -15.1% |
| Sep 2024 | +2.6% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
PEG, trailing VATE
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.4B | $1.6B |
| Gross profit | $199.7M | $208.8M | $216.0M | $221.4M |
| Operating income | $28.7M | $40.0M | $26.5M | $13.4M |
| Net income | -$60.6M | -$34.6M | -$35.2M | -$35.9M |
| EPS (diluted) | -4.84 | -3.08 | -4.81 | -0.53 |
| Operating cash flow | $146.6M | $9.1M | $26.5M | -$9.5M |
| Cash | $108.2M | $41.8M | $80.8M | $80.4M |
| Long-term debt | $80.3M | $500.6M | $679.3M | $683.8M |
| Dividends paid | $2.2M | $1.2M | $2.2M | $5.2M |
SEC XBRL, fiscal years, as known on 2026-10-27
VATE Stock Sonar score 4/7 axes
Find similar shapesCompareVATE ranks highest on growth (72nd percentile) and risk and compliance (60th), and lowest on institutional and government (18th), among Industrials peers.
4 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
VATE filings, in plain words
Read the full summary
1 activist Schedule 13D filing in the last 180 days declared an intent to influence the company, the largest for 7.4% of the class. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.
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