Smart Money · Holder IQ
63.5 / 100
Above median holder quality (percentile 76.9 this quarter). Tracked high-scoring holders are adding shares.
AD
Array Digital Infrastructure, Inc.NYSE
Communication Services • Telecom Services
Factor tilt: Mid-Cap Defensive
$27.75-4.11%
Close Nov 11, 2026
Reading stored signals…
Company Quality Grade
Per-share book value with reinvested dividends, and the steadiness of its 40-quarter trend.
As of · Window to
Grade withheld by the published method. This is not a zero or a poor-quality verdict.
- The filings do not provide the intangible-asset inputs the method requires.
Method, filing sources and publication receipt
The compounder rule requires a top-decile composite, positive slope and no detected decline in the tangible-book eligible pool. Total-common-book fallback rows cannot qualify. Decline means the 90% interval for recent / whole-window slope lies below 1.
Source: SEC first-filed XBRL. Midas Edge API’s published Green Compounders method uses only filings public by the as-of date, split-adjusted shares and the original filed values. Restatements do not replace them. Issuer pools and entity types reflect the SEC submissions captured for this run, not historical classifications at each as-of date.
The primary form fits log book value with reinvested dividends against time. The method checks the starting book and market-cap floors and excludes identified non-reliance/enforcement windows. Its cohort is fixed at capture time, so historical percentiles have capture and survival limits. It does not check audit-opinion going-concern text. This grade is separate from InsiderIQ, HolderIQ and NetCredibility.
Input filings (42 in this window): 0000821130-16-000067; 0000821130-16-000093; 0000821130-16-000103. The links show up to three of the input filings.
Method notes: Going-concern audit wording was not evaluated. An additional method qualification is recorded in the publication receipt. Missing dividend facts were treated as zero by the published method. No preferred-equity fact was filed; the method used zero. Enforcement findings use records naming the issuer.
- Parameters
- pg-g2-params.v29
- Plane
- sha256:c64ffaeb4d0f4abcf89c9c922ebcda11e5307bdd5a654744cb4b2a8759e2580c
- Grade row SHA-256
- sha256:1e309fa99fd9b6c0fb283db8c026fbff628a29a411f58ff160896812561bb6d9
- Manifest SHA-256
- sha256:8b80893b83afe504d72c4fd22985436539689dee61f54c987b5f872896932a29
- Engine SHA-256
- sha256:47264a44bc2f8df0cc0047216434cb27173c130d53ff00b14f4044d6e1cc8394
- Hand-check receipt SHA-256
- sha256:5ca9703c38000e0d6308c85c5cd80ec0f32c22fcd63caaceb0372a0db8e9013d
People-network credibility
The people behind a company influence capital allocation and controls. This published research measures graph connections to people with admitted adjudications (RED), and to repeat value creators or stewards of qualifying compounders and long-term shareholder-return leaders (GREEN). Connections alone do not establish conduct. These measures are separate from insider trading performance and Company Quality Grade.
Reporting owners who filed from after Oct 9, 2025 through Oct 9, 2026: a 12-month window ending at the publication date. This can include former officers and directors; it is not a verified roster of today's employees.
- Reporting owners in the filing window
- 5
- In the published population
- 5
- With a calibrated score
- 0
0 outside the population; 5 population members without a calibrated score. These are issuer-wide counts, not counts of the preview below. Neither state is a favorable or adverse finding.
When calibrated measures are published, RED and GREEN are separately calibrated graph proximities. NetCredibility is GREEN minus RED, on a −1 to 1 scale, not a probability or expected return. Both poles and their published intervals stay visible. A positive net does not erase an admitted finding.
Link an account to see your stake, watchlist and past holdings. Use the cited filings to check who was reporting a role and review the published evidence alongside your investment thesis. A gap calls for checking the underlying record; it does not tell you to increase or reduce a holding.
Showing 5 of 5 reporting owners, ordered by filed role and name, not by score. This preview is not an issuer score or a comparison with other companies.
Anthony J. Carlson
President and CEO · Director — as filed
No calibrated score published
The publication withholds a net score. Its stated reason is available in the source details.
No admitted adjudication is listed for this person in this publication.
Read the 4 filed Apr 6, 2026Person source details
- Reporting-owner CIK
- 0002028349
- Published reason
- calibration abstention: no fitted calibration
- Score identity
- 5386202a3196d622f258d10c52a4115cccd7c2b8cdb2c832cd8858812690155d
- Publication's adjudication label
- none
Harry J. Harczak Jr.
Director — as filed
No calibrated score published
The publication withholds a net score. Its stated reason is available in the source details.
No admitted adjudication is listed for this person in this publication.
Read the 4 filed Sep 15, 2026Person source details
- Reporting-owner CIK
- 0001215333
- Published reason
- calibration abstention: no fitted calibration
- Score identity
- 68c1dc981fd1e1e897d218d860cc5861af028fd9602d2ba302d583879b200fa8
- Publication's adjudication label
- none
Esteban C. Iriarte
Director — as filed
No calibrated score published
The publication withholds a net score. Its stated reason is available in the source details.
No admitted adjudication is listed for this person in this publication.
Read the 4 filed May 20, 2026Person source details
- Reporting-owner CIK
- 0001927551
- Published reason
- calibration abstention: no fitted calibration
- Score identity
- bdc59e4a0b8c0bc6bec9f4490db66d4473ada3414cfdb40ad24e4abcd28074e7
- Publication's adjudication label
- none
John M. Toomey
Director — as filed
No calibrated score published
The publication withholds a net score. Its stated reason is available in the source details.
No admitted adjudication is listed for this person in this publication.
Read the 3 filed May 20, 2026Person source details
- Reporting-owner CIK
- 0002127182
- Published reason
- calibration abstention: no fitted calibration
- Score identity
- 13c316252e47d7bcc085cc0b2e7e187e4ebde4c49afa300c627d6711a9930f3d
- Publication's adjudication label
- none
Xavier Williams
Director — as filed
No calibrated score published
The publication withholds a net score. Its stated reason is available in the source details.
No admitted adjudication is listed for this person in this publication.
Read the 4 filed May 20, 2026Person source details
- Reporting-owner CIK
- 0001828145
- Published reason
- calibration abstention: no fitted calibration
- Score identity
- 041bf37d8b05294d71a2ecaeafa6f09a7c788143084dd5ec445333eca20849c8
- Publication's adjudication label
- none
Admitted findings are published guilty pleas, convictions and litigated SEC judgments or orders. Settlements and pending cases are not findings in this classification. “No admitted adjudication” is not a clearance or a complete regulatory-history search.
Publication, method and source
- Issuer CIK
- 0000821130
- Publication as of
- Oct 9, 2026; known by Oct 9, 2026
- Retrieved
- Nov 12, 2026; shared cache no older than five minutes
- RED source refresh state
- fresh within 8d
- Method
- epg.signed_credibility.abstain-unfitted.v1
- Population identity
- sha256:98d4567a9d3793777ced97387b5d300b646dfd15e311888364300df12f95349b
- Graph identity
- c6521b138848011b775d9a6dfb7ac59989b2082fdc729ef4f41456a4e2037f60
- Source
- SEC Forms 3, 4 and 5 for roles; the Midas Edge API's active immutable people-network publication for credibility and admitted findings. GREEN seed evidence can include vendor price histories. No portfolio or account data is sent to this product.
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: neutral. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
- Market cap
- $2.4B
- 1 month
- -17.4%
- 3 months
- -22.3%
- 1 year
- -39.6%
- 52-week range
- $27.75$60.28
More market facts
- Dividend
- No payments on record
- Short interest
- 7.5% of float1.2M shares · settled Oct 30, 2026 · -18.2% since Oct 15, 2026 · FINRA
Fundamentals · trailing 12 months to Jun 30, 2026
- Revenue
- $213.53M
- Net income
- $778.06M
- Free cash flow
- -$202.98M
- Book value
- $1.27B
- Total debt
- $1.2B
- P/E
- 3.1×
- Price / sales
- 11.2×
- Price / book
- 1.9×
- FCF yield
- -8.5%
- Net margin
- +364.4%
Trailing twelve-month statements · as of Nov 11, 2026
End-of-day close from stored market data, not a live quote.
About Array Digital Infrastructure, Inc.
Array Digital Infrastructure, Inc. owns and operates shared wireless communications infrastructure in the United States. The company deploys 5G and other wireless technologies through its 4,400 cell towers. It also leases tower space to tenants. In addition, the company offers ancillary services.
Read more
It serves organizations, wireless carriers, government agencies, municipalities, wireless internet service providers, and broadband providers. The company was formerly known as United States Cellular Corporation and changed its name to Array Digital Infrastructure, Inc. in August 2025. The company was incorporated in 1983 and is headquartered in Chicago, Illinois. Array Digital Infrastructure, Inc. is a subsidiary of Telephone and Data Systems, Inc.
- Website
- arrayinc.com
- Headquarters
- Chicago, IL, United States
- Employees
- 60
- Listed
- Mar 17, 1992
- Fiscal year ends
- December
Company profile stored Oct 25, 2026.
Quarterly results
The last 8 fiscal quarters from the latest stored normalized financial statements. These may include restatements. Year over year compares the same quarter a year earlier.
| Quarter | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Jun 2026filed Aug 7, 2026 | $54.1M | -94.1% | 56.5% | $399.3M | $358.7M |
| Mar 2026filed Mar 31, 2026 | $52.0M | -94.2% | 34.2% | $5.1M | $178.2M |
| Dec 2025filed Dec 31, 2025 | $60.3M | -93.8% | 41.6% | $9.7M | $40.4M |
| Sep 2025filed Sep 30, 2025 | $47.1M | -94.9% | 30.3% | -$6.3M | $200.8M |
| Jun 2025filed Jun 30, 2025 | $916.0M | -1.2% | 57.2% | $35.0M | $31.0M |
| Mar 2025filed Mar 31, 2025 | $891.0M | -6.2% | 60.3% | $41.0M | $18.0M |
| Dec 2024filed Dec 31, 2024 | $971.0M | -2.9% | 52.8% | -$9.0M | $5.0M |
| Sep 2024filed Sep 30, 2024 | $922.0M | -4.3% | 58.5% | -$90.0M | -$79.0M |
Balance sheet · cash, debt and near-term obligations
What resources sit beside the obligations? These are balances at each fiscal quarter end, not cash earned during the quarter. Amounts are in USD, the reporting currency.
As of
- Reported cash
- $416.4M
- Reported total debt
- $1.2B
- Current assets
- $438.7M
- Current liabilities
- $461.7M
Vendor filing date:
As of
- Reported cash
- $253.6M
- Reported total debt
- $1.2B
- Current assets
- $274.1M
- Current liabilities
- $265.6M
Vendor filing date:
As of
- Reported cash
- $113.4M
- Reported total debt
- $1.7B
- Current assets
- $144.8M
- Current liabilities
- $200.0M
Vendor filing date:
As of
- Reported cash
- $325.6M
- Reported total debt
- $1.2B
- Current assets
- $352.2M
- Current liabilities
- $539.0M
Vendor filing date:
Link an account to see your stake, watchlist and past holdings. Compare cash and debt across dates when reviewing its reliance on financing. Current assets can include receivables and inventory; current liabilities include bills as well as borrowings. They are not all spendable cash or all debt. These figures alone do not establish the ability to repay.
Source: the latest stored normalized balance sheets, matched to the same security and fiscal end as these income periods. They may include restatements and are not an originally-filed or knowledge-time history. No net debt, coverage ratio or replacement balance is calculated. Read the SEC guide to financial statements for the distinction between balances and cash flows.
Fiscal years · last 6
| Fiscal year | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Dec 2025filed Dec 31, 2025 | $163.0M | -95.7% | 21.6% | -$49.2M | $290.9M |
| Dec 2024filed Dec 31, 2024 | $3.8B | -3.5% | 56.8% | -$12.0M | -$39.0M |
| Dec 2023filed Dec 31, 2023 | $3.9B | -6.3% | 55.8% | $139.0M | $54.0M |
| Dec 2022filed Dec 31, 2022 | $4.2B | +1.1% | 52.7% | $69.0M | $30.0M |
| Dec 2021filed Dec 31, 2021 | $4.1B | +2.1% | 53.7% | $170.0M | $155.0M |
| Dec 2020filed Dec 31, 2020 | $4.0B | +0.4% | 55.6% | $173.0M | $229.0M |
Annual cash generation
Does profit turn into cash? Compare AD’s accounting profit with operating cash flow and capital spending. Amounts are in USD.
Fiscal year ending
- Net income
- $290.9M
- Operating cash flow
- $200.8M
- Capital spending
- $27.2M
- Free cash flow
- $173.6M
Fiscal year ending
- Net income
- -$39.0M
- Operating cash flow
- $883.0M
- Capital spending
- $557.0M
- Free cash flow
- $326.0M
Fiscal year ending
- Net income
- $54.0M
- Operating cash flow
- $866.0M
- Capital spending
- $738.0M
- Free cash flow
- $128.0M
Earlier cash-flow years
Fiscal year ending
- Net income
- $30.0M
- Operating cash flow
- $832.0M
- Capital spending
- $1.2B
- Free cash flow
- -$355.0M
Fiscal year ending
- Net income
- $155.0M
- Operating cash flow
- $802.0M
- Capital spending
- $2.0B
- Free cash flow
- -$1.2B
Fiscal year ending
- Net income
- $229.0M
- Operating cash flow
- $1.2B
- Capital spending
- $989.0M
- Free cash flow
- $248.0M
Link an account to see your stake, watchlist and past holdings. Compare cash generation and investment needs with your thesis. Working capital and non-cash charges can separate profit from cash. Capital spending can reduce free cash flow while earnings rise. For a long or short position, that gap alone does not predict a price move.
Cash-flow source and meaning
Source: Annual financial statements, latest stored vendor-normalized figures. These may include restatements and may differ from the filer’s own XBRL. A filing date is not the knowledge date of this version of the values.
Free cash flow is the vendor’s reported figure, shown only when it agrees with operating cash flow less capital spending recorded as a positive outflow. It is not cash guaranteed for dividends or buybacks, and it does not subtract every financing obligation. Missing or sign-incompatible inputs are not filled in. An unlabelled currency is used only for a confirmed domestic USD filer. These are annual statements, not forecasts or an originally-filed history.
Cash allocation: dividends, shares and debt
Where did AD’s financing cash go? Compare cash paid as dividends with net share and debt transactions across fiscal years. Amounts are in USD, the reporting currency. These are company-wide totals, not per-share payouts.
Fiscal year ended
Vendor filing date:
- Cash dividends paid
- $2.0B
- Net share issuance / purchases
- -$21.4M
- Net borrowing / repayment
- -$550.3M
- Total financing cash flow
- -$2.7B
Fiscal year ended
Vendor filing date:
- Cash dividends paid
- $0.0
- Net share issuance / purchases
- -$54.0M
- Net borrowing / repayment
- -$208.0M
- Total financing cash flow
- -$347.0M
Fiscal year ended
Vendor filing date:
- Cash dividends paid
- $0.0
- Net share issuance / purchases
- $0.0
- Net borrowing / repayment
- -$198.0M
- Total financing cash flow
- -$274.0M
Fiscal year ended
Vendor filing date:
- Cash dividends paid
- Unavailable
- Net share issuance / purchases
- -$43.0M
- Net borrowing / repayment
- $531.0M
- Total financing cash flow
- $456.0M
Fiscal year ended
Vendor filing date:
- Cash dividends paid
- Unavailable
- Net share issuance / purchases
- -$31.0M
- Net borrowing / repayment
- $224.0M
- Total financing cash flow
- $142.0M
Fiscal year ended
Vendor filing date:
- Cash dividends paid
- Unavailable
- Net share issuance / purchases
- -$34.0M
- Net borrowing / repayment
- Unavailable
- Total financing cash flow
- $926.0M
Link an account to see your stake, watchlist and past holdings. Compare these uses of cash with operating cash generation and the debt on the balance sheet. A negative net share movement means purchases exceeded issuance; it does not give gross buybacks. A dividend or share purchase can be financed with borrowing, and none of these flows guarantees a future payment or price return.
Allocation source and sign conventions
Source: Annual cash-flow statements, latest stored vendor-normalized values for the same security and fiscal year. These can include restatements; a filing date is not the knowledge date of this version.
Dividends are positive cash paid out. For net share transactions, net borrowing and total financing, positive means cash in and negative means cash out. Net share transactions combine issuance and purchases; they are not gross repurchases, a change in shares outstanding, or stock compensation. Total financing includes other flows and is not the sum of just these three lines. Missing amounts stay unavailable; zero means a reported zero. No FX conversion, shareholder-return total or forecast is inferred.
Short-interest history
Reported short positions, stored float percentages and adjusted prices over the same period.
Shares short
Share of float
Adjusted close · USD
Settlement records · 30 observations
Settlement Oct 30, 2026
1,168,602 shares short
-260,686 shares (-18.2%) vs Oct 15, 2026
7.5% of the stored float. Published Nov 10, 2026.
Settlement Oct 15, 2026
1,429,288 shares short
+154,908 shares (+12.2%) vs Sep 30, 2026
9.2% of the stored float. Published Oct 26, 2026.
Settlement Sep 30, 2026
1,274,380 shares short
-5,263 shares (-0.4%) vs Sep 15, 2026
8.2% of the stored float. Published Oct 9, 2026.
Settlement Sep 15, 2026
1,279,643 shares short
-281,076 shares (-18%) vs Aug 31, 2026
Share of float unavailable. Published Sep 24, 2026.
Settlement Aug 31, 2026
1,560,719 shares short
-321,528 shares (-17.1%) vs Aug 14, 2026
Share of float unavailable. Published Sep 10, 2026.
Settlement Aug 14, 2026
1,882,247 shares short
-67,430 shares (-3.5%) vs Jul 31, 2026
Share of float unavailable. Published Aug 25, 2026.
Settlement Jul 31, 2026
1,949,677 shares short
-84,874 shares (-4.2%) vs Jul 15, 2026
Share of float unavailable. Published Aug 11, 2026.
Settlement Jul 15, 2026
2,034,551 shares short
+484,284 shares (+31.2%) vs Jun 30, 2026
Share of float unavailable. Published Jul 24, 2026.
Settlement Jun 30, 2026
1,550,267 shares short
+96,958 shares (+6.7%) vs Jun 15, 2026
Share of float unavailable. Published Jul 10, 2026.
Settlement Jun 15, 2026
1,453,309 shares short
+41,403 shares (+2.9%) vs May 29, 2026
Share of float unavailable. Published Jun 25, 2026.
Settlement May 29, 2026
1,411,906 shares short
+103,311 shares (+7.9%) vs May 15, 2026
Share of float unavailable. Published Jun 9, 2026.
Settlement May 15, 2026
1,308,595 shares short
-564,546 shares (-30.1%) vs Apr 30, 2026
Share of float unavailable. Published May 27, 2026.
Settlement Apr 30, 2026
1,873,141 shares short
-189,362 shares (-9.2%) vs Apr 15, 2026
12.1% of the stored float. Published May 11, 2026.
Settlement Apr 15, 2026
2,062,503 shares short
+494,483 shares (+31.5%) vs Mar 31, 2026
13.3% of the stored float. Published Apr 24, 2026.
Settlement Mar 31, 2026
1,568,020 shares short
+309,929 shares (+24.6%) vs Mar 13, 2026
10.1% of the stored float. Published Apr 10, 2026.
Settlement Mar 13, 2026
1,258,091 shares short
-53,207 shares (-4.1%) vs Feb 27, 2026
8.1% of the stored float. Published Mar 24, 2026.
Settlement Feb 27, 2026
1,311,298 shares short
+20,572 shares (+1.6%) vs Feb 13, 2026
8.4% of the stored float. Published Mar 10, 2026.
Settlement Feb 13, 2026
1,290,726 shares short
+84,532 shares (+7%) vs Jan 30, 2026
8.3% of the stored float. Published Feb 25, 2026.
Settlement Jan 30, 2026
1,206,194 shares short
-255,985 shares (-17.5%) vs Jan 15, 2026
7.8% of the stored float. Published Feb 10, 2026.
Settlement Jan 15, 2026
1,462,179 shares short
-34,526 shares (-2.3%) vs Dec 31, 2025
9.4% of the stored float. Published Jan 27, 2026.
Settlement Dec 31, 2025
1,496,705 shares short
+86,259 shares (+6.1%) vs Dec 15, 2025
9.6% of the stored float. Published Jan 12, 2026.
Settlement Dec 15, 2025
1,410,446 shares short
+64,774 shares (+4.8%) vs Nov 28, 2025
9.1% of the stored float. Published Dec 24, 2025.
Settlement Nov 28, 2025
1,345,672 shares short
+50,292 shares (+3.9%) vs Nov 14, 2025
8.7% of the stored float. Published Dec 9, 2025.
Settlement Nov 14, 2025
1,295,380 shares short
-107,258 shares (-7.6%) vs Oct 31, 2025
8.3% of the stored float. Published Nov 25, 2025.
Settlement Oct 31, 2025
1,402,638 shares short
-52,725 shares (-3.6%) vs Oct 15, 2025
9% of the stored float. Published Nov 11, 2025.
Settlement Oct 15, 2025
1,455,363 shares short
+21,614 shares (+1.5%) vs Sep 30, 2025
9.4% of the stored float. Published Oct 24, 2025.
Settlement Sep 30, 2025
1,433,749 shares short
+178,613 shares (+14.2%) vs Sep 15, 2025
9.2% of the stored float. Published Oct 9, 2025.
Settlement Sep 15, 2025
1,255,136 shares short
+57,451 shares (+4.8%) vs Aug 29, 2025
8.1% of the stored float. Published Sep 24, 2025.
Settlement Aug 29, 2025
1,197,685 shares short
-225,813 shares (-15.9%) vs Aug 15, 2025
7.7% of the stored float. Published Sep 10, 2025.
Settlement Aug 15, 2025
1,423,498 shares short
Earlier settlement unavailable; change not calculated.
9.2% of the stored float. Published Aug 26, 2025.
Change = this settlement’s shares short − the previous recorded settlement’s shares short; percentage change divides by that earlier count. A zero earlier count has no percentage change. Split-spanning counts are left uncompared. Float percentages use the stored settlement observation, not today’s float.
Source: stored FINRA equity short-interest records. Adjusted prices exclude a reused ticker’s earlier issuer. FINRA data and reporting dates · How to read short interest
Dividends and stock splits
Through Nov 12, 2026
Recorded amounts and dates, not confirmation of cash received.
No qualified split events are stored.
View all 14 dividends and 0 splits
| Ex-date | Event | Recorded detail |
|---|---|---|
| Jun 11, 2026 | Special cash dividend | USD 11 per shareRecorded pay date: Jun 25, 2026 (past date) |
| Jan 23, 2026 | Special cash dividend | USD 10.25 per shareRecorded pay date: Feb 2, 2026 (past date) |
| Aug 20, 2025 | Special cash dividend | USD 23 per shareRecorded pay date: Aug 19, 2025 (past date) |
| Jul 26, 2006 | Cash dividend | USD 0.11 per shareRecorded pay date: Aug 4, 2006 (past date) |
| Apr 19, 2006 | Cash dividend | USD 0.11 per shareRecorded pay date: May 5, 2006 (past date) |
| Jan 18, 2006 | Cash dividend | USD 0.11 per shareRecorded pay date: Feb 3, 2006 (past date) |
| Oct 19, 2005 | Cash dividend | USD 0.11 per shareRecorded pay date: Nov 4, 2005 (past date) |
| Jul 20, 2005 | Cash dividend | USD 0.11 per shareRecorded pay date: Aug 5, 2005 (past date) |
| Apr 20, 2005 | Cash dividend | USD 0.11 per shareRecorded pay date: May 6, 2005 (past date) |
| Jan 19, 2005 | Cash dividend | USD 0.11 per shareRecorded pay date: Feb 4, 2005 (past date) |
| Oct 20, 2004 | Cash dividend | USD 0.11 per shareRecorded pay date: Nov 5, 2004 (past date) |
| Jul 21, 2004 | Cash dividend | USD 0.11 per shareRecorded pay date: Aug 6, 2004 (past date) |
| Apr 21, 2004 | Cash dividend | USD 0.11 per shareRecorded pay date: May 7, 2004 (past date) |
| Jan 21, 2004 | Cash dividend | USD 0.11 per shareRecorded pay date: Feb 6, 2004 (past date) |
Cash bars retain the event's recorded currency and share basis. The yield line divides recorded cash in the preceding 365 days, adjusted for intervening splits, by a verified raw close in the same currency; gaps remain where that price or the history cannot be qualified. Special dividends are included. Future ex-dates are excluded from yield. A split changes share count, not investment value. For long shares, past entitlement depends on when you held them; short shares can create a dividend payment obligation.
Source: recorded cash-dividend and split events.
Portfolio context
Link an account to see your stake, watchlist and past holdings.
We’ll show you if AD is in your portfolio and how much it contributes.
Sign inMarket context
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Smart money context
Holder IQ: MEDIUM
19 smart-money holders: institutions with a high Holder IQ
Q2 2026, filed Oct 29, 2026
Smart-money 13F trend: distributing (heavy)
Unlock crowding heatmapUnlock filer discoveryInsider context
Sentiment: neutral
Last trade: sell 58 days ago
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: neutral. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Red flags: 0
Largest 13-F holders · Q2 2026
140 filers reported a long position in AD for Q2 2026. 13-F holdings are filed up to 45 days after the quarter ends.
The top 10 hold
64.1%
of the 17.8M shares 13-F filers reported
Moves vs Q1 2026
2 added5 trimmed
2 new · 1 unchanged
Net shares held
-16.9%
across the 8 holders with a comparable Q1 2026 book
| Rank | Holder | Value | Shares | Shares vs Q1 2026 |
|---|---|---|---|---|
| 1 | Dimensional Fund Advisors LP | $82.3M · 2.3M shares | 2.3M | -1.3% |
| 2 | Hawk Ridge Capital Management LP | $65.9M · 1.8M shares | 1.8M | New |
| 3 | Jericho Capital Asset Management L.P. | $65.8M · 1.8M shares | 1.8M | Unchanged |
| 4 | Madison Avenue Partners, LP | $40.2M · 1.1M shares | 1.1M | New |
| 5 | Gamco Investors, Inc. Et Al | $29.9M · 825.3K shares | 825.3K | -2.3% |
| 6 | American Century Companies Inc | $27.8M · 766.1K shares | 766.1K | +26.3% |
| 7 | Bank of America Corp | $26.9M · 740.6K shares | 740.6K | -70.8% |
| 8 | Loomis Sayles & Co L P | $25.7M · 707.4K shares | 707.4K | -4.5% |
| 9 | Oaktree Capital Management LP | $25.3M · 696.9K shares | 696.9K | -3.8% |
| 10 | Vanguard Capital Management LLC | $25.2M · 695.4K shares | 695.4K | +1.9% |
Sign in to see each holder’s Holder IQ, factor-adjusted Holder IQ and rank, and compare these holders with all scored filers. Available on every plan.
Sign in5% holder filings (13D / 13G)
Holders of more than 5% of AD file with the SEC within days. A 13D holder may seek to influence the company; a 13G holder is passive. Each holder’s latest filing from the last three years.
| Filed | Holder | % of class |
|---|---|---|
| Sep 23, 2026 | Hawk Ridge Capital Management LP13G · passive | 5.1% |
| Sep 2, 2026 | Telephone Data Systems Inc De13D · activist · amended | 81.9% |
| Aug 3, 2026 | Bank of America Corp13G · passive · amended | 1.4%under 5% |
Moves the factor model did not explain
How much of AD’s move accompanied the market and its measured style leanings, and how much was left? The residual is unexplained by this fitted model. It does not establish a cause, skill or future alpha.
Return split unavailable. A unique ordinary-share USD model listing is unavailable.
Link an account with dated transactions to see what share of your own holding’s move since its purchase-date close was unexplained, with long and short positions distinguished. Your private holdings never enter this public chart.
Dated model observations (0)
Daily percentage returns, not window contributions. Source: the same dated warehouse rows and model v1.2.0; observed 2026-11-12T22:45:53.752Z. Absent sessions are never interpolated; missing or failed inputs stay unavailable.
| Date | Stock | Market | Styles | Residual |
|---|
How this split is calculated
Each day uses that day’s fitted market intercept and style exposures multiplied by that day’s published factor returns. Their sum plus the independently stored residual must reconcile to the stock return. Window effects are weighted by stock wealth at each day’s start and added; the stock return compounds. Every expected US market session must be present and pass source, identity, model and numerical checks. This retrospective fit is an explanation of measured returns, not evidence of causation or an investable forecast. The window ends at the latest published model session, which can lag the market; today’s unfinished session is excluded.
What insiders reported owning
Reading dated filing evidence…
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