MKTWNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
MARKETWISE, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$18.77+0.76 (+4.22%)
Close on Oct 19, 2026
- Market cap
- $49.61M
- P/E (TTM)
- 21.6
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
5.6%
1M of 16M shares
Institutional holders
51
9 new, 8 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
15 buys · 8 sales
Net bought $2.17M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Cobblestone Publishing, Inc. | 6,983,620 | 71.70% | 13D (active) amendment | Oct 28, 2025 |
| Erika Nolan | 6,983,620 | 74.30% | 13D (active) amendment | Feb 17, 2026 |
| Frank Porter Stansberry | 3,081,266 | 58.29% | 13D (active) amendment | Mar 19, 2026 |
| Robert D. Lynch | 4 | – | 13G (passive) amendment | Apr 3, 2025 |
| Amber Mason | 2,851,078 | 6.00% | 13G (passive) amendment | Sep 30, 2024 |
| Marco Ferri | 2,536,031 | 5.40% | 13G (passive) amendment | Sep 30, 2024 |
| Barclays PLC | 148,961 | 5.62% | 13G (passive) | Jun 30, 2025 |
| BlackRock, Inc. | 145,766 | 5.50% | 13G (passive) | Jun 30, 2026 |
| Pinkney Partners, L.P. | 135,000 | 5.50% | 13G (passive) | Nov 3, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MKTW | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Barclays PLC | 152,675 | 0.97% | $2.72M | +875 | 0.00% |
| BlackRock, Inc. | 145,952 | 0.93% | $2.60M | +23,927 | 0.00% |
| Bass Sid R | 145,524 | 0.92% | $2.60M | +10,408 | 100.00% |
| Phraction Management LLC | 92,316 | 0.59% | $1.65M | −6,000 | 0.28% |
| Vanguard Capital Management LLC | 63,973 | 0.41% | $1.14M | +25 | 0.00% |
| Geode Capital Management, LLC | 55,625 | 0.35% | $992.42K | +6,383 | 0.00% |
| State Street Corp | 32,943 | 0.21% | $587.70K | +5,176 | 0.00% |
| Aqr Capital Management LLC | 32,085 | 0.20% | $572.40K | +18,388 | 0.00% |
| Renaissance Technologies LLC | 25,799 | 0.16% | $460.25K | −1,375 | 0.00% |
| MTM Investment Management, LLC | 23,735 | 0.15% | $423.43K | +4,531 | 0.12% |
| Northern Trust Corp | 15,928 | 0.10% | $284.16K | +2,717 | 0.00% |
| Formidable Asset Management, LLC | 14,999 | 0.10% | $272.23K | – | 0.04% |
| Vanguard Portfolio Management LLC | 14,496 | 0.09% | $258.61K | +4,542 | 0.00% |
| Vanguard Fiduciary Trust Co | 12,393 | 0.08% | $221.09K | +323 | 0.00% |
| Vident Advisory, LLC | 12,090 | 0.08% | $215.69K | New | 0.00% |
| Copeland Capital Management, LLC | 7,545 | 0.05% | $134.60K | New | 0.00% |
| Russell Investments Group, Ltd. | 7,370 | 0.05% | $131.48K | +4,583 | 0.00% |
| Morgan Stanley | 4,346 | 0.03% | $77.53K | +1,679 | 0.00% |
| FMR LLC | 3,267 | 0.02% | $58.28K | +22 | 0.00% |
| UBS Group AG | 2,718 | 0.02% | $48.49K | −4 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 51 | 1M | 5.6% | 9 / 23 | 11 / 8 | 0M | 0M |
| Q1 2026 | 52 | 1M | 5.2% | 10 / 17 | 13 / 6 | 0M | 0M |
| Q4 2025 | 49 | 1M | 5.2% | 5 / 16 | 16 / 4 | 0M | 0M |
| Q3 2025 | 48 | 1M | 4.5% | 8 / 13 | 16 / 3 | 0M | 0M |
| Q2 2025 | 43 | 1M | 4.4% | 41 / 1 | 1 / 1 | 1M | 0M |
| Q1 2025 | 3 | 0M | 0.0% | 3 / 0 | 0 / 0 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MKTW | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Russell 2000 ETF | 70,853 | 0.45% | $1.26M | 0.00% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 43,145 | 0.27% | $769.71K | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 26,101 | 0.17% | $514.19K | 0.00% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 20,828 | 0.13% | $371.57K | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 19,281 | 0.12% | $343.97K | 0.00% | Jun 30, 2026 |
| Acuitas Small Cap Active ETF | 12,090 | 0.08% | $215.69K | 0.24% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 10,044 | 0.06% | $173.16K | 0.00% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 8,681 | 0.06% | $149.66K | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 7,599 | 0.05% | $135.57K | 0.01% | Jun 30, 2026 |
| Schwab Small-Cap Index Fund | 3,989 | 0.03% | $78.58K | 0.00% | Jul 31, 2026 |
| Fidelity Small Cap Value Index Fund | 3,391 | 0.02% | $60.50K | 0.00% | Jun 30, 2026 |
| Master Small Cap Index Series | 3,174 | 0.02% | $56.62K | 0.00% | Jun 30, 2026 |
| Fidelity Series Total Market Index Fund | 2,948 | 0.02% | $50.82K | 0.00% | May 31, 2026 |
| Fidelity Total Market Index Fund | 2,842 | 0.02% | $49.00K | 0.00% | May 31, 2026 |
| Nuveen Small Cap Blend Index Fund | 2,137 | 0.01% | $42.10K | 0.00% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| David Eifrig | Chief Executive Officer, Director | 6,514,315 | 41.30% | Oct 6, 2025 |
| Scott Daniel Forney | General Counsel | 21,459 | 0.14% | Jul 2, 2026 |
| Erik Mickels | Chief Finacial Officer | 75,091 | 0.48% | Jul 2, 2026 |
| Marco Galsim | Chief Information Officer | 39,495 | 0.25% | Jul 2, 2026 |
| Steven Andrew Kaufman | Controller | 8,500 | 0.05% | Mar 17, 2026 |
| Matthew Tate Smith | Director | 22,485 | 0.14% | Jun 8, 2026 |
| Van D. Simmons | Director | 25,685 | 0.16% | Jun 8, 2026 |
| Frank Porter Stansberry | Director, 10% owner | 57,126,203 | 362.14% | Jun 8, 2026 |
| Glenn H. Tongue | Director | 29,435 | 0.19% | Jun 8, 2026 |
| Matthew Joseph Turner | Director | 403,870 | 2.56% | Jun 8, 2026 |
| Michael Alan Palmer | Director | 25,942,954 | 164.46% | Oct 6, 2025 |
| W. P. Bonner 2009 Irrevocable Trust Number Two Elizabeth | 10% owner | 112,925,253 | 715.87% | Nov 22, 2024 |
| Erika Nolan | 10% owner | 119,118,544 | 755.13% | Nov 22, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Scott Daniel Forney General Counsel | Jul 1, 2026 | Sale | −711 | $19.14 | $13.61K | 21,459 |
| Marco Galsim Chief Information Officer | Jul 1, 2026 | Sale | −3,294 | $19.14 | $63.05K | 39,495 |
| Erik Mickels Chief Finacial Officer | Jul 1, 2026 | Sale | −3,973 | $19.14 | $76.04K | 75,091 |
| Glenn H. Tongue Director | Jun 4, 2026 | Award | +8,127 | – | – | 28,234 |
| Matthew Joseph Turner Director | Jun 4, 2026 | Award | +8,127 | – | – | 23,629 |
| Matthew Tate Smith Director | Jun 4, 2026 | Award | +7,525 | – | – | 22,485 |
| Van D. Simmons Director | Jun 4, 2026 | Award | +7,525 | – | – | 25,685 |
| Frank Porter Stansberry Director, 10% owner | Jun 4, 2026 | Award | +7,525 | – | – | 373,015 |
| Frank Porter Stansberry Director, 10% owner | May 22, 2026 | Buy | +10,000 | $17.88 | $178.80K | 365,490 |
| Frank Porter Stansberry Director, 10% owner | May 20, 2026 | Buy | +20,100 | $17.21 | $345.92K | 355,490 |
| Frank Porter Stansberry Director, 10% owner | May 18, 2026 | Buy | +100 | $16.46 | $1.65K | 335,390 |
| Frank Porter Stansberry Director, 10% owner | May 18, 2026 | Buy | +3,523 | $16.50 | $58.13K | 335,290 |
| Frank Porter Stansberry Director, 10% owner | May 15, 2026 | Buy | +11 | $16.71 | $184 | 331,767 |
| Frank Porter Stansberry Director, 10% owner | May 14, 2026 | Buy | +10,000 | $18.25 | $182.50K | 331,756 |
| Frank Porter Stansberry Director, 10% owner | May 14, 2026 | Buy | +10,000 | $17.99 | $179.90K | 321,756 |
| Frank Porter Stansberry Director, 10% owner | May 12, 2026 | Buy | +10,000 | $18.50 | $185.00K | 311,756 |
| Frank Porter Stansberry Director, 10% owner | May 11, 2026 | Buy | +10,000 | $18.89 | $188.90K | 301,756 |
| Frank Porter Stansberry Director, 10% owner | May 8, 2026 | Buy | +18,626 | $19.93 | $371.22K | 291,756 |
| Frank Porter Stansberry Director, 10% owner | May 8, 2026 | Buy | +11,749 | $19.22 | $225.82K | 273,130 |
| Frank Porter Stansberry Director, 10% owner | May 8, 2026 | Buy | +11,000 | $17.15 | $188.65K | 261,381 |
| Marco Galsim Chief Information Officer | May 5, 2026 | Award | +10,000 | – | – | 42,379 |
| Erik Mickels Chief Financial Officer | Mar 23, 2026 | Sale | −6,000 | $14.70 | $88.20K | 79,064 |
| Frank Porter Stansberry Director, 10% owner | Mar 20, 2026 | Buy | +10,000 | $14.78 | $147.80K | 243,111 |
| Frank Porter Stansberry Director, 10% owner | Mar 20, 2026 | Buy | +7,270 | $15.76 | $114.58K | 250,381 |
| Frank Porter Stansberry Director, 10% owner | Mar 19, 2026 | Buy | +23,103 | $14.28 | $329.91K | 233,111 |
| Erik Mickels Chief Financial Officer | Mar 19, 2026 | Sale | −3,334 | $13.83 | $46.11K | 85,064 |
| Erik Mickels Chief Financial Officer | Mar 18, 2026 | Sale | −6,666 | $14.10 | $93.99K | 88,398 |
| Scott Daniel Forney General Counsel | Mar 13, 2026 | Award | +2,000 | – | – | 22,096 |
| Scott Daniel Forney General Counsel | Mar 13, 2026 | Tax withholding | −805 | $14.15 | $11.39K | 21,291 |
| Marco Galsim Chief Information Officer | Mar 13, 2026 | Tax withholding | −2,288 | $14.15 | $32.38K | 32,379 |
| Erik Mickels Chief Financial Officer | Mar 13, 2026 | Tax withholding | −5,284 | $14.15 | $74.77K | 95,064 |
| Erik Mickels Chief Financial Officer | Mar 13, 2026 | Award | +43,911 | – | – | 100,348 |
| Steven Andrew Kaufman Controller | Mar 13, 2026 | Tax withholding | −350 | $14.15 | $4.95K | 8,500 |
| Erik Mickels Chief Financial Officer | Mar 11, 2026 | Sale | −6,666 | $14.73 | $98.19K | 56,437 |
| Erik Mickels Chief Financial Officer | Mar 10, 2026 | Sale | −3,334 | $15.20 | $50.68K | 63,103 |
| David Eifrig Chief Executive Officer, Director | Sep 16, 2025 | Other | −1,250 | – | – | 32,894 |
| Michael Alan Palmer Director | Sep 16, 2025 | Other | −7,500 | – | – | 17,269 |
| Marco Galsim Chief Information Officer | Sep 16, 2025 | Other | −2,750 | – | – | 34,256 |
| Marco Galsim Chief Information Officer | Jul 21, 2025 | Tax withholding | −326 | $18.22 | $5.94K | 37,006 |
| Scott Daniel Forney General Counsel | Jul 21, 2025 | Tax withholding | −76 | $18.22 | $1.38K | 19,239 |
| Steven Andrew Kaufman Controller | Jul 21, 2025 | Tax withholding | −76 | $18.22 | $1.38K | 8,850 |
| Steven Andrew Kaufman Controller | Jul 1, 2025 | Tax withholding | −449 | $19.82 | $8.90K | 8,926 |
| Erik Mickels Chief Financial Officer | Jul 1, 2025 | Tax withholding | −3,561 | $19.82 | $70.58K | 66,437 |
| Scott Daniel Forney General Counsel | Jul 1, 2025 | Tax withholding | −719 | $19.82 | $14.25K | 19,315 |
| Marco Galsim Chief Information Officer | Jul 1, 2025 | Tax withholding | −1,870 | $19.82 | $37.06K | 37,332 |
| Erik Mickels Chief Financial Officer | Jun 17, 2025 | Buy | +940 | $17.94 | $16.86K | 69,998 |
| Van D. Simmons Director | Jun 12, 2025 | Award | +6,775 | – | – | 18,160 |
| Matthew Joseph Turner Director | Jun 12, 2025 | Award | +7,317 | – | – | 15,502 |
| Matthew Tate Smith Director | Jun 12, 2025 | Award | +6,775 | – | – | 14,960 |
| Frank Porter Stansberry Director, 10% owner | Jun 12, 2025 | Award | +6,775 | – | – | 210,008 |
| Glenn H. Tongue Director | Jun 12, 2025 | Award | +7,317 | – | – | 20,107 |
| Steven Andrew Kaufman Controller | Mar 14, 2025 | Tax withholding | −6,969 | $0.61 | $4.25K | 187,517 |
| Marco Galsim Chief Information Officer | Mar 14, 2025 | Tax withholding | −31,541 | $0.61 | $19.24K | 773,184 |
| Scott Daniel Forney General Counsel | Mar 14, 2025 | Tax withholding | −16,061 | $0.61 | $9.80K | 376,879 |
| Erik Mickels Chief Financial Officer | Mar 14, 2025 | Tax withholding | −94,720 | $0.61 | $57.78K | 1,381,172 |
| Glenn H. Tongue Director | Sep 18, 2024 | Buy | +5,000 | $0.70 | $3.50K | 255,812 |
| Glenn H. Tongue Director | Sep 17, 2024 | Buy | +7,982 | $0.70 | $5.59K | 24,038 |
| Glenn H. Tongue Director | Sep 17, 2024 | Buy | +2,782 | $0.69 | $1.92K | 16,056 |
| Marco Galsim Chief Information Officer | Jul 19, 2024 | Tax withholding | −4,683 | $1.12 | $5.24K | 799,725 |
| Steven Andrew Kaufman Controller | Jul 19, 2024 | Tax withholding | −1,520 | $1.12 | $1.70K | 194,486 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Erik Mickels Officer | Mar 23, 2026 | 6,000 | $88.18K | Mar 23, 2026 | Restricted Stock Vesting |
| Erik Mickels Officer | Mar 20, 2026 | 3,334 | $46.12K | Mar 19, 2026 | Restricted Stock Vesting |
| Erik Mickels Officer | Mar 19, 2026 | 3,334 | $46.12K | Mar 19, 2026 | Restricted Stock Vesting |
| Erik Mickels Officer | Mar 18, 2026 | 6,666 | $94.02K | Mar 18, 2026 | Restricted Stock Vesting |
| Erik Mickels Officer | Mar 11, 2026 | 6,666 | $98.17K | Mar 11, 2026 | Restricted Stock Vesting |
| Erik Mickels Officer | Mar 10, 2026 | 3,334 | $50.67K | Mar 10, 2026 | Restricted Stock Vesting |
| Erik Mickels Officer | Mar 10, 2026 | 3,334 | $50.67K | Mar 10, 2026 | Restricted Stock Vesting |
| Gary Daniel Anderson Former Officer | Dec 13, 2023 | 9,989 | $28.67K | Dec 13, 2023 | ESPP Purchase |
| Gary Daniel Anderson Officer | Nov 17, 2023 | 1,000 | $3.01K | Nov 17, 2023 | ESPP Purchase |
| Frank Porter Stansberry 10% Stockholder | Aug 22, 2023 | 359,547 | $517.75K | Aug 22, 2023 | owned shares |
| Frank Porter Stansberry 10% Stockholder | Jun 28, 2023 | 250,000 | $500.00K | Jun 28, 2023 | Redemption of Common Units |