Innovate Corp (VATE)

Sector:
UTILITIES AND TELECOMMUNICATIONS
Industry:
TELEPHONE
SIC:
FABRICATED STRUCTURAL METAL PRODUCTS
CEO:
Wayne Barr Jr.
Employees:
4,119
295 MADISON AVENUE, 12TH FLOOR, NEW YORK, NY, 10017
212-235-2690

INNOVATE Corp., through its subsidiaries, provides construction, insurance, life sciences, broadcasting, and other services in the United States, the United Kingdom, and internationally. The company models, details, fabricates, and erects structural steel for commercial and industrial, and infrastructure construction projects, including building and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants. It also fabricates trusses and girders; and fabricates and erects water pipes, water storage tanks, pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. In addition, the company provides equipment for the oil and gas industry. Further, it offers long-term care, life, annuity, and other accident and health coverage; focuses on developing products for early osteoarthritis of the knee, as well as skin lightening technology; and operates over-the-air broadcasting stations and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. INNOVATE Corp. was founded in 1994 and is headquartered in New York, New York.

Data derived from most recent annual or quarterly report
Market Cap 135.688 Million Shares Outstanding78.433 Million Avg 30-day Volume 689.898 Thousand
P/E Ratio0.0 Dividend Yield0.0 EPS-0.37
Price to Revenue0.1972 Debt to Equity-219.7097 EBITDA48.1 Million
Price to Book Value0.0 Operating Margin0.0691 Enterprise Value1.031 Billion
Current Ratio1.08 EPS Growth-37.778 Quick Ratio0.681
1 Yr BETA 1.0338 52-week High/Low 4.83 / 1.71 Profit Margin-17.9297
Operating Cash Flow Growth-1127.2727 Altman Z-Score0.9575 Free Cash Flow to Firm -150.8 Million
View SEC Filings from VATE instead.

View recent insider trading info

Funds Holding VATE (via 13F filings)

Refresh Download CSV Download Excel (.xlsx) Download TSV
Filter by:
to
to
to
Refresh
*Shares are split adjusted
*Please note that if a filer hasn't submitted a 13F filing for a quarter then the filer's shares will be listed as "Sold All"

Mutual Funds Holding VATE BETA

Active Schedule 13D and 13G filings

Please sign in first

Recent Filings

Events (8k)

  • 8-K: filed on 2022-06-29:
    Item 3.01: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
    Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-06-16:
    Item 5.07: Submission of Matters to a Vote of Security Holders
  • 8-K: filed on 2022-06-13:
    Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
  • 8-K: filed on 2022-05-04:
    Item 2.02: Results of Operations and Financial Condition
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-03-09:
    Item 2.02: Results of Operations and Financial Condition
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-02-14:
    Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
  • 8-K: filed on 2022-01-04:
    Item 8.01: Other Events
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2021-11-04:
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2021-11-04:
    Item 2.02: Results of Operations and Financial Condition
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2021-10-27:
    Item 1.01: Entry into a Material Definitive Agreement
    Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
    Item 9.01: Financial Statements and Exhibits
  • Open Market Buys/Sells Last 60 Days

    Open Market Buys (P)

    400.2 Thousand total shares from 2 transactions

    Open Market Sells (S)

    none

    Exercise Derivative Conversion (M)

    none

    Current/Former Insiders

    Insider Name Type Last Reported Shares Held Last Reported Date Filings in past year

    GLAZER AVRAM A

    • Director
    • 10% Owner
    19,440,499 2022-05-06 1

    HERBST SUZI R CHIEF OPERATING OFFICER

    • Officer
    217,651 2022-04-20 5

    FERRARO JOSEPH ANTHONY CHIEF LEGAL OFFICER & CORP SEC

    • Officer
    343,306 2022-03-16 2

    BARR WAYNE JR PRESIDENT AND CEO

    • Officer
    • Director
    342,185 2022-03-11 2

    SENA MICHAEL J. CHIEF FINANCIAL OFFICER

    • Officer
    646,905 2022-03-11 1

    CONTINENTAL GENERAL HOLDINGS LLC

    CONTINENTAL INSURANCE GROUP, LTD.

    CONTINENTAL LTC, INC.

    CONTINENTAL GENERAL INSURANCE CO

    • 10% Owner
    0 2021-07-01 1

    PERCY ROCKDALE LLC

    • 10% Owner
    5,048,755 2021-07-01 1

    GORZYNSKI MICHAEL

    • Director
    • 10% Owner
    10,000 2021-07-01 1

    MG CAPITAL MANAGEMENT LTD.

    RIO ROYAL LLC

    • 10% Owner
    24,462 2021-07-01 1

    GFELLER WARREN H

    • Director
    130,068 2021-06-17 0

    LOMBARD SHELLY

    • Director
    66,298 2021-06-17 0

    COURTIS KENNETH S.

    • Director
    551,272 2021-06-17 0

    FALCONE PHILIP CEO, CHAIRMAN & PRESIDENT

    • Officer
    • Director
    • 10% Owner
    2,502,400 2020-03-12 0

    SPRINGER JULIE TOTMAN

    • Director
    0 2020-02-10 0

    LEFFLER ROBERT V JR

    • Director
    66,097 2019-06-13 0

    HILLMAN LEE S

    • Director
    71,478 2019-06-13 0

    ROBINSON PAUL CHIEF LEGAL OFFICER & CORP SEC

    • Officer
    136,534 2017-06-14 0

    VOIGT PAUL SR. MANAGING DIR, INVESTMENTS

    • Officer
    723,348 2017-06-14 0

    MANCUSO ANDREA L DEPUTY GENERAL COUNSEL

    • Officer
    47,809 2017-03-10 0

    BACKMAN ANDREW G MANAGING DIRECTOR

    • Officer
    31,240 2017-03-10 0

    ESTUS IAN MANAGING DIRECTOR, INVESTMENTS

    • Officer
    90,423 2016-05-21 0

    HRG GROUP, INC.

    • 10% Owner
    No longer subject to file 2015-10-15 0

    GERBER SANDER

    HUDSON BAY CREDIT MANAGEMENT LLC

    HUDSON BAY CAPITAL MANAGEMENT LP

    • 10% Owner
    254,372 2015-10-15 0

    GLOBAL OPPORTUNITIES BREAKAWAY MM, L.L.C.

    • *MEMBER OF 10% OWNER GROUP
    540,000 2015-10-15 0

    TSEUNG DANIEL

    • Director
    14,619 2015-06-11 0

    DG CAPITAL MANAGEMENT, LLC

    GERTZULIN DOV

    • 10% Owner
    • MANAGING MEMBER
    No longer subject to file 2015-04-02 0

    PONS ROBERT M EVP BUSINESS DEVELOPMENT

    • Officer
    • Director
    154,106 2015-03-12 0

    HLADEK, KEITH CHIEF OPERATING OFFICER

    • Officer
    249,091 2015-03-12 0

    DENSON CRAIG PRESIDENT OF ICS BUSINESS UNIT

    • Officer
    13,850 2015-03-12 0

    DEMISE MESFIN CFO;CORP. CONTROLLER;TREASURER

    • Officer
    16,964 2015-03-12 0

    BENEFIT STREET PARTNERS LLC

    PROVIDENCE EQUITY CAPITAL MARKETS L.L.C.

    NELSON JONATHAN M

    SALEM PAUL J

    CREAMER GLENN M

    GAHAN THOMAS

    • 10% Owner
    0 2014-09-22 0

    FALCONE PHILIP

    HARBINGER GROUP INC.

    • Director
    • 10% Owner
    • * SEE REMARKS BELOW
    5,760,388 2014-01-15 0

    SCHEIWE STEVEN D

    • Director
    No longer subject to file 2014-01-15 0

    HOLLIDAY MARK E

    • Director
    No longer subject to file 2014-01-15 0

    SINGER KAREN

    • NO LONGER 10% OWNER
    No longer subject to file 2014-01-03 0

    SUBIN NEIL S

    • Director
    No longer subject to file 2013-12-26 0

    KEELEY JAMES C CFO

    • Officer
    No longer subject to file 2013-12-04 0

    FILIPOWICZ JOHN D CAO, VP, HR & GC & SEC

    • Officer
    No longer subject to file 2013-08-30 0

    RAMLALL RICHARD CHIEFCOMMUN.OFF.; SVPCORP.DEV.

    • Officer
    No longer subject to file 2013-08-30 0

    AQUINO PETER D EXECUTIVE CHAIRMAN

    • Officer
    • Director
    No longer subject to file 2013-04-26 0

    DAY ANDREW PRESIDENT AND CEO

    • Officer
    38,491 2013-04-15 0

    SCHWARZ KEN CFO (PFO); SVP, IT

    • Officer
    26,835 2012-06-27 0

    HILL CHRISTIE GC, SVP, COMPLIANCE OFF., SEC.

    • Officer
    25,527 2011-07-05 0

    LAWSON TRACY SEE REMARKS

    • Officer
    404 2011-03-28 0

    MORGENS WATERFALL VINTIADIS & CO INC

    • NO LONGER A 10% OWNER.
    No longer subject to file 2011-02-25 0

    GUIRGIS MARK TREASURER

    • Officer
    5,000 2010-11-08 0

    SPIRTOS JOHN

    • Director
    50,000 2010-11-08 0

    HICKEY THOMAS D GENERAL COUNSEL AND SECRETARY

    • Officer
    5,000 2010-11-08 0

    SINGH K PAUL CHAIRMAN, PRESIDENT AND CEO

    • Officer
    • Director
    77,922 2010-03-04 0

    DEPODESTA JOHN EXECUTIVE VICE PRESIDENT

    • Officer
    • Director
    26,948 2010-03-04 0

    KLOSTER THOMAS R CHIEF FINANCIAL OFFICER

    • Officer
    10,953 2010-03-04 0

    SOUTHPAW ASSET MANAGEMENT LP

    SOUTHPAW CREDIT OPPORTUNITY MASTER FUND, L.P.

    SOUTHPAW HOLDINGS LLC

    WYMAN KEVIN

    GOLDEN HOWARD

    • 10% Owner
    No longer subject to file 2009-08-31 0

    AMERICAN INTERNATIONAL GROUP INC

    AIG GSEF INVESTMENTS, LTD.

    AIG GSEF, L.P.

    AIG GLOBAL SPORTS & ENTERTAINMENT FUND L P

    AIG GLOBAL EMERGING MARKETS FUND L L C

    GEM PARALLEL FUND LP

    AIG CAPITAL CORP

    AIG GLOBAL ASSET MANAGEMENT HOLDINGS CORP.

    AIG CAPITAL PARTNERS INC

    • 10% Owner
    • SEE EXPLANATIONS OF RESPONSES
    No longer subject to file 2009-07-01 0

    KARP DOUGLAS M

    • Director
    No longer subject to file 2009-07-01 0

    PIZZANI PAUL G

    • Director
    No longer subject to file 2009-07-01 0

    KAUL PRADMAN P

    • Director
    No longer subject to file 2009-07-01 0

    PUENTE JOHN G

    • Director
    No longer subject to file 2009-07-01 0

    HERSHBERG DAVID E

    • Director
    No longer subject to file 2009-07-01 0

    BOOK TRACY R VICE PRESIDENT - CONTROLLER

    • Officer
    0 2009-06-30 0

    BEAR STEARNS COMPANIES INC

    • 10% Owner
    No longer subject to file 2008-02-29 0

    BEAR STEARNS & CO INC /NY/

    • 10% Owner
    No longer subject to file 2008-02-29 0

    Insider Transactions Last 60 Days

    Reporting Owners Filing Date Trans Date Trans Code Shares Share Price Acquired
    Disposed
    Shares Owned after D/I 10b5 Perf 1d* Perf 5d* Perf 1m* Max Gain Max Gain Days Max Loss Max Loss Days

    GLAZER AVRAM A - Director - > 10% Owner lancer capital

    2022-05-10 16:17:25 -0400 2022-05-09 P 300,000 $2.80 a 19,384,196 indirect -4.4355 -3.2258 -16.5323 10.8871 19 -24.5968 27

    GLAZER AVRAM A - Director - > 10% Owner lancer capital

    2022-05-10 16:17:25 -0400 2022-05-06 P 100,242 $2.92 a 19,084,196 indirect -4.4355 -3.2258 -16.5323 10.8871 19 -24.5968 27

    * -

    Transaction Code Definitions
    Code Definition
    A Grant, award or other acquisition pursuant to Rule 16b-3(d)
    C Conversion of derivative security
    D Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
    E Expiration of short derivative position
    F Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3
    G Bona fide gift
    H Expiration (or cancellation) of long derivative position with value received
    I Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities
    J Other acquisition or disposition
    L Small acquisition under Rule 16a-6
    M Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
    O Exercise of out-of-the-money derivative security
    P Open market or private purchase of non-derivative or derivative security
    S Open market or private sale of non-derivative or derivative security
    U Disposition pursuant to a tender of shares in a change of control transaction
    W Acquisition or disposition by will or the laws of descent and distribution
    X Exercise of in-the-money or at-the-money derivative security
    Z Deposit into or withdrawal from voting trust

    IBR Securities Loan Availability

    Updated throughout the day, this shows the number of shares available to borrow. Data provided by Interactive Brokers

    Security Date/Time Rebate Rate Fee Rate Shares Available
    INNOVATE CORP VATE 2022-06-30 22:15:03 UTC 0.5359 1.0341 5600000
    INNOVATE CORP VATE 2022-06-30 21:45:03 UTC 0.5359 1.0341 5600000
    INNOVATE CORP VATE 2022-06-30 21:15:03 UTC 0.5359 1.0341 5600000
    INNOVATE CORP VATE 2022-06-30 20:45:03 UTC 0.5359 1.0341 5600000
    INNOVATE CORP VATE 2022-06-30 20:15:04 UTC 0.5359 1.0341 5600000
    INNOVATE CORP VATE 2022-06-30 19:45:03 UTC 0.5359 1.0341 5600000
    INNOVATE CORP VATE 2022-06-30 19:15:03 UTC 0.5359 1.0341 5600000
    INNOVATE CORP VATE 2022-06-30 18:45:04 UTC 0.5531 1.0169 5600000
    INNOVATE CORP VATE 2022-06-30 18:15:04 UTC 0.5531 1.0169 5600000
    INNOVATE CORP VATE 2022-06-30 17:45:03 UTC 0.5531 1.0169 5600000
    INNOVATE CORP VATE 2022-06-30 17:15:03 UTC 0.5531 1.0169 5600000
    INNOVATE CORP VATE 2022-06-30 16:45:04 UTC 0.5548 1.0152 5600000
    INNOVATE CORP VATE 2022-06-30 16:15:03 UTC 0.5548 1.0152 5600000
    INNOVATE CORP VATE 2022-06-30 15:45:03 UTC 0.5548 1.0152 5600000
    INNOVATE CORP VATE 2022-06-30 15:15:03 UTC 0.5548 1.0152 5600000
    INNOVATE CORP VATE 2022-06-30 14:45:03 UTC 0.5548 1.0152 5600000
    INNOVATE CORP VATE 2022-06-30 14:15:03 UTC 0.5548 1.0152 5400000
    INNOVATE CORP VATE 2022-06-30 13:45:03 UTC 0.5304 1.0396 5400000
    INNOVATE CORP VATE 2022-06-30 13:15:03 UTC 0.5304 1.0396 5400000
    INNOVATE CORP VATE 2022-06-30 12:45:03 UTC 0.5304 1.0396 5400000

    Current Active Short Positions

    Holder Issuer Net Short Position Position Date Origin
    LoCorr Investment Trust- LoCorr Dynamic Equity Fund VATE -10712.0 shares, $-39527.28 2022-03-31 N-PORT

    Elevate your investments