Ryan Specialty Holdings, Inc.

The Neuberger Berman Small-Mid Cap ETF is seeing unusually high volume in afternoon trading Thursday, with over 231,000 shares traded versus three month average volume of about 30,000. Shares of NBSM were up about 0.4% on the day.
Components of that ETF with the highest volume on Thursday were CCC Intelligent Solutions Holdings, trading down about 2.8% with over 1.9 million shares changing hands so far this session, and Ryan Specialty Holdings, up about 0.6% on volume of over 1.3 million shares. Entegris is the component faring the best Thursday, up by about 7.7% on the day, while Appfolio is lagging other components of the Neuberger Berman Small-Mid Cap ETF, trading lower by about 3.3%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Thursday's ETF with Unusual Volume: NBSM

Key Points
6,300 shares were acquired in the open market on June 3, 2026, for a transaction value of ~$200,000 at a weighted average price around $31.79 per share.
This purchase increased direct ownership by 76.14%, bringing Janice M Hamilton's directly held shares to 14,574 after the transaction.
All shares are held directly with no indirect or derivative involvement reported for this transaction.
Hamilton retains 14,574 shares of Class A Common Stock, substantially boosting equity exposure after a period without open-market buys or sells.
Janice M Hamilton, Chief Financial Officer of Ryan Specialty Holdings (NYSE:RYAN), reported the open-market purchase of 6,300 shares for a transaction value of approximately $200,000, as disclosed in a SEC Form 4 filing.
Transaction summary
Shares traded
6,300
Transaction value
~$200,000
Post-transaction shares (direct)
14,574
Post-transaction value (direct ownership)
~$450,000
Transaction value based on SEC Form 4 weighted average purchase price ($31.79); post-transaction value based on June 3, 2026 market close ($31.79).
Key questions
How does this transaction compare to Janice M Hamilton’s prior trading activity?
This is the first open-market purchase reported by Hamilton, with earlier filings limited to administrative events; the acquisition represents a clear expansion of direct equity exposure.
What is the ownership impact from this transaction?
Direct holdings rose from 8,274 to 14,574 shares, a 76.14% increase, which meaningfully increases Hamilton’s alignment with shareholder interests.
Is there any evidence of derivative or indirect holdings involved?
The transaction involved only direct holdings of Common Stock, with no indirect accounts or derivative (option/warrant) securities disclosed in this filing.
How does market performance contextualize this purchase?
The buy occurred after a one-year total return of (54.08)% for the stock (as of June 3, 2026), suggesting the insider is increasing exposure during a period of substantial share price decline.
Company overview
Revenue (TTM)
$3.16 billion
Net income (TTM)
$259.14 million
Dividend yield
1.6%
1-year price change
-52.8%
* 1-year price change calculated using June 5, 2026, as the reference date.
Company snapshot
Provides specialty insurance products and solutions, including distribution, underwriting, product development, administration, and risk management services.
Operates primarily as a wholesale broker and managing underwriter, generating revenue through service fees and commissions from insurance brokers, agents, and carriers.
Targets insurance intermediaries and carriers seeking tailored specialty risk solutions across diverse industry verticals.
Ryan Specialty Holdings, Inc. is a leading provider of specialty insurance solutions, leveraging a wholesale brokerage and managing underwriter model to serve complex risk needs. The company’s scale, with over 5,500 employees and more than $3 billion in annual revenue, positions it as a significant player in the specialty insurance distribution market. Its focus on product development and risk management enables clients to access customized insurance offerings that address niche and emerging risks.
What this transaction means for investors
There are millions of reasons for an insider to sell their shares. There’s just one reason to buy shares on the open market, though. It looks like the company’s CFO expects the stock to rise.
Ryan Specialty recently announced an increase in the authorization for its existing share repurchase program. In May, the company repurchased $260 million worth of shares. The new expansion will allow the company to repurchase an additional $300 million.
In the first quarter, Ryan reported total revenue that grew 15.2% year over year to $795.2. The company’s bottom line rose even faster. Adjusted earnings rose by 21.2% to $130.7 million.
Ryan’s underwriting management business is driving growth. The segment grew first-quarter revenue by 38% year over year to $295.1 million.
Looking ahead, Ryan Specialty expects revenue excluding acquisitions to grow by a mid-single-digit percentage in 2026.
Should you buy stock in Ryan Specialty right now?
Before you buy stock in Ryan Specialty, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Ryan Specialty wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $443,191!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,258,838!*
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Cory Renauer has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Ryan Specialty's CFO Bought 6,300 Shares for $200,000

Key Points
Guardian Point Capital added 75,000 shares of Ryan Specialty Holdings last quarter; the estimated trade value was $3.20 million.
Meanwhile, the quarter-end position value fell by $6.41 million, reflecting both trading and price movement.
The post-buy stake stood at 575,000 shares valued at $19.40 million.
Guardian Point Capital increased its stake in Ryan Specialty Holdings (NYSE:RYAN) by 75,000 shares in the first quarter, an estimated $3.20 million trade based on quarterly average pricing, according to a May 15, 2026, SEC filing.
What happened
According to an SEC filing dated May 15, 2026, Guardian Point Capital added 75,000 shares of Ryan Specialty Holdings (NYSE:RYAN), bringing its total position to 575,000 shares. The estimated transaction value is approximately $3.20 million based on the mean unadjusted closing price for the quarter. The quarter-end value of the stake decreased by $6.41 million, reflecting both added shares and stock price changes.
What else to know
Top holdings after the filing:
NYSE: APO: $55.71 million (23.0% of AUM)
NASDAQ: GOOGL: $28.69 million (11.8% of AUM)
NYSEMKT: SGOL: $26.77 million (11.0% of AUM)
NASDAQ: AMZN: $26.03 million (10.7% of AUM)
NYSE: ONTO: $22.56 million (9.3% of AUM)
As of May 14, 2026, Ryan Specialty shares were priced at $31.20, down 55% over the past year and underperforming the S&P 500, which is up 28% in the same period.
Company Overview
Revenue (TTM)
$3.16 billion
Net Income (TTM)
$108.69 million
Dividend Yield
1.6%
Price (as of market close 2026-05-14)
$31.20
Company Snapshot
Ryan Specialty Holdings offers specialty insurance products and solutions, including distribution, underwriting, product development, administration, and risk management services.
The firm operates as a wholesale broker and managing underwriter.
It serves insurance brokers, agents, and carriers seeking specialized insurance solutions and risk management expertise.
Ryan Specialty Holdings, Inc. provides specialty insurance products and services, with a focus on delivering tailored solutions to the insurance distribution market.
What this transaction means for investors
Guardian Point Capital seems to lean toward high-quality compounders and alternative asset managers, with top positions including Apollo, Alphabet, Amazon, and gold ETF SGOL.
That’s interesting given that despite the stock's rough 12 months, Ryan Specialty delivered a strong first quarter. Revenue climbed 15.2% year over year to $795.2 million, while organic revenue growth reached 11.8%. Adjusted EBITDAC increased 15.7% to $232 million, and adjusted earnings per share rose 20.5% to $0.47. The company also swung to a $40.6 million profit from a loss a year earlier.
Management acknowledged a tougher insurance market but sounded confident about continuing to gain share. Founder Patrick Ryan pointed to the firm's "diversified enterprise," while CEO Tim Turner highlighted ongoing investments in technology, AI, and data capabilities designed to strengthen its competitive position.
So far, double-digit organic growth suggests Ryan Specialty can keep winning business even as industry conditions become more challenging, and Guard Point's purchase signals it sees the recent stock weakness as an opportunity rather than a warning sign.
Should you buy stock in Ryan Specialty right now?
Before you buy stock in Ryan Specialty, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Ryan Specialty wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $463,900!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,294,401!*
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*Stock Advisor returns as of May 31, 2026.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet and Amazon. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

A $3 Million Insurance Bet: What This Fund Might Be Seeing in Ryan Specialty Stock

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Ryan Specialty (RYAN) Q1 2026 Earnings Transcript

Ryan Specialty Group (RYAN) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 13.04%. A quarter ago, it was expected that this insurance company would post earnings of $0.27 per share when it actually produced earnings of $0.27, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Ryan Specialty, which belongs to the Zacks Insurance - Brokerage industry, posted revenues of $457.6 million for the quarter ended March 2023, surpassing the Zacks Consensus Estimate by 5.11%. This compares to year-ago revenues of $386.89 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Ryan Specialty shares have lost about 1.3% since the beginning of the year versus the S&P 500's gain of 6.5%.
What's Next for Ryan Specialty?
While Ryan Specialty has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Ryan Specialty: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.42 on $564.57 million in revenues for the coming quarter and $1.30 on $1.98 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Brokerage is currently in the top 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
eHealth (EHTH), another stock in the same industry, has yet to report results for the quarter ended March 2023. The results are expected to be released on May 9.
This provider of internet-based heath insurance agency services is expected to post quarterly loss of $0.61 per share in its upcoming report, which represents a year-over-year change of +33%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
eHealth's revenues are expected to be $92.56 million, down 12.1% from the year-ago quarter.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Ryan Specialty Group (RYAN) Q1 Earnings and Revenues Beat Estimates

Brown & Brown (BRO) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +2.06%. A quarter ago, it was expected that this insurance company would post earnings of $0.91 per share when it actually produced earnings of $0.93, delivering a surprise of +2.2%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Brown & Brown, which belongs to the Zacks Insurance - Brokerage industry, posted revenues of $1.9 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.44%. This compares to year-ago revenues of $1.4 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Brown & Brown shares have lost about 17.3% since the beginning of the year versus the S&P 500's gain of 4.7%.
What's Next for Brown & Brown?
While Brown & Brown has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Brown & Brown was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.09 on $1.77 billion in revenues for the coming quarter and $4.54 on $7.22 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Brokerage is currently in the bottom 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Ryan Specialty Group (RYAN), has yet to report results for the quarter ended March 2026. The results are expected to be released on April 30.
This insurance company is expected to post quarterly earnings of $0.43 per share in its upcoming report, which represents a year-over-year change of +10.3%. The consensus EPS estimate for the quarter has been revised 0.9% higher over the last 30 days to the current level.
Ryan Specialty Group's revenues are expected to be $768.79 million, up 11.4% from the year-ago quarter.
Should You Invest in Brown & Brown, Inc. (BRO)?
Before you invest in Brown & Brown, Inc. (BRO), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Brown & Brown (BRO) Tops Q1 Earnings and Revenue Estimates

A look at the weighted underlying holdings of the AGF U.S. Market Neutral Anti-Beta Fund (BTAL) shows an impressive 312.2% of holdings on a weighted basis have experienced insider buying within the past six months.
Agree Realty Corp. (Symbol: ADC), which makes up 85.05% of the AGF U.S. Market Neutral Anti-Beta Fund (BTAL), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $1,577,479 worth of ADC, making it the #75 largest holding. The table below details the recent insider buying activity observed at ADC:
ADC — last trade: $79.78 — Recent Insider Buys:
And Ryan Specialty Holdings Inc (Symbol: RYAN), the #192 largest holding among components of the AGF U.S. Market Neutral Anti-Beta Fund (BTAL), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $976,953 worth of RYAN, which represents approximately 52.68% of the ETF's total assets at last check. The recent insider buying activity observed at RYAN is detailed in the table below:
RYAN — last trade: $39.24 — Recent Insider Buys:
Also see:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Strong Insider Buying Reported in BTAL Holdings

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
At Travelzoo, a filing with the SEC revealed that on Tuesday, Global Chief Executive Officer Holger Bartel purchased 200,000 shares of TZOO, for a cost of $5.38 each, for a total investment of $1.08M. Bartel was up about 17.0% on the buy at the high point of today's trading session, with TZOO trading as high as $6.30 in trading on Wednesday. Travelzoo is trading up about 12.1% on the day Wednesday.
And at Ryan Specialty Holdings, there was insider buying on Monday, by Director Patrick G. Ryan Jr. who purchased 25,865 shares for a cost of $39.98 each, for a trade totaling $1.03M. Before this latest buy, Ryan Jr. made one other purchase in the past year, buying $5,212 shares at a cost of $69.50 each. Ryan Specialty Holdings is trading down about 1.7% on the day Wednesday. Investors can bag RYAN at a price even lower than Ryan Jr. did, with shares changing hands as low as $37.56 in trading on Wednesday -- that's 6.0% below Ryan Jr.'s purchase price.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Wednesday 2/25 Insider Buying Report: TZOO, RYAN

Looking at the universe of stocks we cover at Dividend Channel, on 2/24/26, Johnson & Johnson (Symbol: JNJ), United Fire Group, Inc. (Symbol: UFCS), and Ryan Specialty Holdings Inc (Symbol: RYAN) will all trade ex-dividend for their respective upcoming dividends. Johnson & Johnson will pay its quarterly dividend of $1.30 on 3/10/26, United Fire Group, Inc. will pay its quarterly dividend of $0.20 on 3/10/26, and Ryan Specialty Holdings Inc will pay its quarterly dividend of $0.13 on 3/10/26. As a percentage of JNJ's recent stock price of $246.91, this dividend works out to approximately 0.53%, so look for shares of Johnson & Johnson to trade 0.53% lower — all else being equal — when JNJ shares open for trading on 2/24/26. Similarly, investors should look for UFCS to open 0.53% lower in price and for RYAN to open 0.31% lower, all else being equal.
Below are dividend history charts for JNJ, UFCS, and RYAN, showing historical dividends prior to the most recent ones declared.
Johnson & Johnson (Symbol: JNJ):
United Fire Group, Inc. (Symbol: UFCS):
Ryan Specialty Holdings Inc (Symbol: RYAN):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.11% for Johnson & Johnson, 2.10% for United Fire Group, Inc., and 1.26% for Ryan Specialty Holdings Inc.
In Friday trading, Johnson & Johnson shares are currently up about 0.8%, United Fire Group, Inc. shares are off about 1.5%, and Ryan Specialty Holdings Inc shares are up about 2.4% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
Also see:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Ex-Dividend Reminder: Johnson & Johnson, United Fire Group and Ryan Specialty Holdings

The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.18%. March E-mini S&P futures (ESH26) rose +0.03%, and March E-mini Nasdaq futures (NQH26) rose +0.14%.
Stock indexes recovered from early losses on Friday and settled higher. Falling bond yields were bullish for stocks on Friday after US January consumer prices rose less than expected, which may prompt the Fed to keep cutting interest rates. The 10-year T-note yield fell to a 2.25-month low of 4.05% on the tame inflation news.
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Also, a recovery in software stocks was supportive of the overall market. However, metal companies retreated on reports that the Trump administration is working to narrow its tariffs on steel and aluminum products.
Stocks initially moved lower today, with the S&P 500 and Nasdaq 100 posting 1-week lows. Worries over AI weighed on stocks and dampened market sentiment. Concerns have surfaced that the latest tools released by Google, Anthropic, and other AI startups are already good enough to disrupt many sectors of the economy, including finance, logistics, software, and trucking.
US Jan CPI rose +2.4% y/y, weaker than expectations of +2.5% y/y and the smallest pace of increase in 7 months. Jan core CPI rose +2.5% y/y, right on expectations and the smallest pace of increase in 4.75 years.
Q4 earnings season is in full swing, as more than two-thirds of the S&P 500 companies have reported earnings results. Earnings have been a positive factor for stocks, with 76% of the 371 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 10% chance for a -25 bp rate cut at the next policy meeting on March 17-18.
Overseas stock markets settled lower on Friday. The Euro Stoxx 50 closed down by -0.43%. China’s Shanghai Composite closed down -1.26%. Japan’s Nikkei Stock 225 fell closed down -1.21%.
Interest Rates
March 10-year T-notes (ZNH6) on Friday closed up by +12 ticks. The 10-year T-note yield fell -4.2 bp to 4.056%. Mar T-notes climbed to a 2.25-month high on Friday, and the 10-year T-note yield fell to a 2.25-month low of 4.045%. T-notes recovered from overnight losses and moved higher on the smaller-than-expected US Jan CPI increase, which is dovish for Fed policy. Also, bond dealer short covering boosted T-note prices as dealers lifted short hedges placed in T-note futures this week to hedge against the $125 billion of T-note and T-bond sales in the Treasury’s quarterly refunding.
European government bond yields moved lower on Friday. The 10-year German bund yield fell to a 2.25-month low of 2.753% and finished down -2.4 bp to 2.755%. The 10-year UK gilt yield slid to a 3.5-week low of 4.404% and finished down -3.6 bp to 4.416%.
The German Jan wholesale price index rose +0.9% m/m, the largest increase in a year.
Swaps are discounting a 3% chance of a -25 bp rate cut by the ECB at its next policy meeting on March 19.
US Stock Movers
Software stocks rallied on Friday, helping lift the broader market. Crowdstrike Holdings (CRWD) closed up more than +4%, and ServiceNow (NOW) closed up more than +3%. Also, Salesforce (CRM), Palantir Technologies (PLTR), and Oracle (ORCL) closed up more than +2%. In addition, Adobe Systems (ADBE) closed up +0.54%, and Intuit (INTU) closed up +0.32%.
Cryptocurrency-exposed stocks rose on Friday after Bitcoin (^BTCUSD) rallied more than +4%. Coinbase Global (COIN) closed up more than +16% to lead gainers in the S&P 500. Also, MARA Holdings (MARA) closed up more than +9%, and Strategy (MSTR) closed up more than +8%. In addition, Riot Platforms (RIOT) and Galaxy Digital Holdings (GLXY) closed up more than +7%.
Metal companies retreated on Friday on reports that the Trump administration is working to narrow its tariffs on steel and aluminum products. Century Aluminum (CENX) closed down more than -7%, and Steel Dynamics (STLD) closed down more than -4%. Also, Cleveland-Cliffs (CLF) and Nucor Corp (NUE) closed down more than -3%, and Alcoa (AA) closed down more than -1%.
Tri Point Homes (TPH) closed up more than +26% after being acquired by Sumitomo Forestry for about $4.28 billion, or $47 a share.
Rivian Automotive (RIVN) closed up more than +26% after reporting Q4 revenue of $1.29 billion, above the consensus of $1.26 billion, and forecasting full-year vehicle deliveries of 62,000 to 67,000, the midpoint above the consensus of 63,402.
Maplebear (CART) closed up more than +9% after reporting Q4 total revenue of $992 million, stronger than the consensus of $971.8 million.
Applied Materials (AMAT) closed up more than +8% after reporting Q1 adjusted EPS of $2.38, better than the consensus of $2.21, and forecasting Q2 adjusted EPS of $2.44 to $2.84, stronger than the consensus of $2.29.
Roku (ROKU) closed up more than +8% after reporting Q4 net revenue of $1.39 billion, above the consensus of $1.35 billion, and forecasting full-year net revenue of $5.50 billion, better than the consensus of $5.34 billion.
Dexcom (DXCM) closed up more than +7% after reporting Q4 revenue of $1.26 billion, better than the consensus of $1.25 billion.
Arista Networks (ANET) closed up more than +4% to lead gainers after reporting Q4 revenue of $2.49 billion, better than the consensus of $2.29 billion, and forecasting Q1 revenue of $2.6 billion, above the consensus of $2.39 billion.
Airbnb (ABNB) closed up more than +4% after reporting Q4 gross booking value of $20.4 billion, better than the consensus of $19.46 billion, and forecasting Q1 revenue of $2.59 billion to $2.63 billion, above the consensus of $2.54 billion.
Pinterest (PINS) closed down more than -16% after reporting Q4 revenue of $1.32 billion, below the consensus of $1.33 billion, and forecasting Q1 revenue of $951 million to $971 million, weaker than the consensus of $980.9 million.
DraftKings (DKNG) closed down more than -13% after forecasting full-year revenue of $6.5 billion to $6.9 billion, well below the consensus of $7.32 billion.
Ryan Specialty Holdings (RYAN) closed down more than -12% after reporting Q4 total revenue of $751.2 million, weaker than the consensus of $774.7 million.
Bio-Rad Laboratories (BIO) closed down more than -12% after reporting Q4 adjusted EPS of $2.51, below the consensus of $2.71.
Constellation Brands (STZ) closed down more than -7% to lead losers in the S&P 500 after announcing Nicholas Fink will succeed Bill Newlands as CEO, effective April 13
Norwegian Cruise Line Holdings (NCLH) closed down more than -7% after CEO Harry Sommer stepped down immediately and was replaced by John Chidsey.
Expedia Group (EXPE) closed down more than -6% despite posting better-than-expected Q4 earnings after Bloomberg Intelligence warned that AI is “a long-term risk for the broader online travel industry.”
Earnings Reports(2/17/2026)
Allegion plc (ALLE), Builders FirstSource Inc (BLDR), Cadence Design Systems Inc (CDNS), Coca-Cola Europacific Partners (CCEP), Devon Energy Corp (DVN), DTE Energy Co (DTE), EQT Corp (EQT), Expand Energy Corp (EXE), FirstEnergy Corp (FE), Genuine Parts Co (GPC), Kenvue Inc (KVUE), Labcorp Holdings Inc (LH), Leidos Holdings Inc (LDOS), Medtronic PLC (MDT), Palo Alto Networks Inc (PANW), Republic Services Inc (RSG), Vulcan Materials Co (VMC).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	91.53 13.39
Price/Sales	6.43 2.12
P/B	17.33 1.20
P/FCF	24.47 10.76

Indicator	TTM Median
ROE	11.23 10.61
ROA	1.49 1.19
ROI	3.68 7.07
Net Worth	19.47 1.02
Quick Ratio	0.00 1.37
Current Ratio	1.01 0.97

Indicator	TTM Median
Net Profit Margin	4.86 17.41
Operating Margin	17.36 23.43
Gross Margin	100.00 70.31
Return on tangible equity	-9.50 12.60

Indicator	TTM Median
EPS	0.41 0.64
EPS Forecast	0.41 0.66
Revenue	605.00M 80.00M
Gross Profit	605.00M —
EBITDA	202.00M —

Ryan Specialty Holdings, Inc.

Recent quarterly and TTM performance

Valuation

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Revenue