Friedman Industries Inc (FRD) shareholders
FRDNasdaqSteel Works, Blast Furnaces & Rolling & Finishing MillsFiscal year ends March 31
Financials through Q2 FY2027, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 22/3054% below fair value
$37.68−0.48 (-1.26%)
Close on Nov 13, 2026Market cap $271.78MP/E 6.6Yield 0.42%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
53.4%
4M of 7M shares
Institutional holders
80
21 new, 5 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
11 buys · 0 sales
Net bought $122.66K
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 |
|---|---|---|---|---|
| Dimensional Fund Advisors LP | 552,968 | 7.90% | 13G (passive) amendment | Dec 29, 2023 |
| De Lisle Partners LLP | 419,816 | 5.90% | 13G (passive) amendment | Dec 31, 2025 |
| BlackRock, Inc. | 394,868 | 5.60% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of FRD | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Dimensional Fund Advisors LP | 543,631 | 7.54% | $17.49M | +1,938 | 0.00% |
| De Lisle Partners LLP | 404,845 | 5.61% | $12.94M | −14,971 | 1.41% |
| BlackRock, Inc. | 394,898 | 5.47% | $12.71M | +66,405 | 0.00% |
| Gendell Jeffrey L | 354,576 | 4.92% | $11.41M | – | 0.10% |
| Vanguard Capital Management LLC | 305,664 | 4.24% | $9.84M | +17,182 | 0.00% |
| Renaissance Technologies LLC | 297,882 | 4.13% | $9.59M | −33,400 | 0.01% |
| Geode Capital Management, LLC | 172,848 | 2.40% | $5.56M | +13,348 | 0.00% |
| Acadian Asset Management LLC | 139,682 | 1.94% | $4.49M | +22,491 | 0.01% |
| Truffle Hound Capital, LLC | 116,551 | 1.62% | $3.75M | −33,449 | 0.80% |
| State Street Corp | 97,452 | 1.35% | $3.14M | +14,177 | 0.00% |
| Morgan Stanley | 91,338 | 1.27% | $2.94M | −5,452 | 0.00% |
| Bridgeway Capital Management, LLC | 85,757 | 1.19% | $2.76M | −34,098 | 0.05% |
| Mink Brook Asset Management LLC | 84,171 | 1.17% | $2.71M | −78,729 | 1.20% |
| Bank of New York Mellon Corp | 61,835 | 0.86% | $1.99M | +2,802 | 0.00% |
| Northern Trust Corp | 53,573 | 0.74% | $1.72M | −3,586 | 0.00% |
| Goldman Sachs Group Inc | 49,614 | 0.69% | $1.60M | +22,930 | 0.00% |
| Empowered Funds, LLC | 47,857 | 0.66% | $1.54M | +823 | 0.01% |
| Vanguard Portfolio Management LLC | 45,857 | 0.64% | $1.48M | +6,993 | 0.00% |
| Vanguard Fiduciary Trust Co | 44,537 | 0.62% | $1.43M | +1,987 | 0.00% |
| O'Shaughnessy Asset Management, LLC | 36,354 | 0.50% | $1.17M | −8,771 | 0.01% |
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 | 80 | 4M | 53.4% | 21 / 23 | 24 / 5 | 0M | 0M |
| Q1 2026 | 65 | 4M | 52.0% | 13 / 22 | 16 / 4 | 1M | 0M |
| Q4 2025 | 57 | 4M | 51.9% | 2 / 22 | 17 / 10 | 0M | 0M |
| Q3 2025 | 65 | 4M | 52.6% | 17 / 17 | 18 / 6 | 0M | 0M |
| Q2 2025 | 54 | 4M | 51.9% | 15 / 21 | 11 / 5 | 1M | 0M |
| Q1 2025 | 44 | 3M | 45.9% | 5 / 11 | 14 / 2 | 0M | 0M |
| Q4 2024 | 41 | 3M | 44.5% | 5 / 12 | 11 / 1 | 0M | 0M |
| Q3 2024 | 37 | 3M | 40.8% | 3 / 12 | 11 / 5 | 0M | 0M |
| Q2 2024 | 40 | 3M | 40.7% | 4 / 12 | 14 / 2 | 0M | 0M |
| Q1 2024 | 38 | 3M | 43.8% | 9 / 11 | 10 / 1 | 1M | 0M |
| Q4 2023 | 30 | 2M | 33.2% | 3 / 11 | 8 / 4 | 0M | 0M |
| Q3 2023 | 31 | 2M | 32.6% | 8 / 14 | 5 / 5 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
104 funds held FRD in Q2 2026, 53% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of FRD | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 218,084 | 3.02% | $7.02M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 174,390 | 2.42% | $5.61M | 0.01% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 164,384 | 2.28% | $5.47M | 0.03% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 81,228 | 1.13% | $2.61M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 74,028 | 1.03% | $2.46M | 0.01% | Jul 31, 2026 |
| U.S. Targeted Value Portfolio | 65,387 | 0.91% | $2.17M | 0.01% | Jul 31, 2026 |
| U.S. Small Cap Portfolio | 62,791 | 0.87% | $2.09M | 0.01% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 60,997 | 0.85% | $1.96M | 0.01% | Jun 30, 2026 |
| U.S. Micro Cap Portfolio | 60,273 | 0.84% | $2.00M | 0.03% | Jul 31, 2026 |
| EA Bridgeway Omni Small-Cap Value ETF | 47,857 | 0.66% | $1.54M | 0.06% | Jun 30, 2026 |
| Dimensional U.S. Targeted Value ETF | 38,016 | 0.53% | $1.26M | 0.01% | Jul 31, 2026 |
| Vanguard Russell 2000 Index Fund | 34,844 | 0.48% | $814.65K | 0.00% | May 31, 2026 |
| WisdomTree U.S. SmallCap Dividend Fund | 34,390 | 0.48% | $1.11M | 0.05% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 32,833 | 0.46% | $767.64K | 0.00% | May 31, 2026 |
| Dimensional US Small Cap Value ETF | 30,581 | 0.42% | $1.02M | 0.01% | 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 |
|---|---|---|---|---|
| Mike J. Taylor | President / CEO / Director | 253,166 | 3.51% | Jun 22, 2026 |
| Gaurav Chhibbar | Chief Operating Officer | 57,900 | 0.80% | Nov 3, 2026 |
| Alex LaRue | Chief Financial Officer | 41,646 | 0.58% | Jun 22, 2026 |
| Sharon L. Taylor | Director | 8,107 | 0.11% | Nov 3, 2026 |
| Michael Donn Hanson | Director | 695 | 0.01% | Nov 3, 2026 |
| Sandra Kay Scott | Director | 10,807 | 0.15% | Nov 3, 2026 |
| Max Alan Reichenthal | Director | 34,127 | 0.47% | Nov 3, 2026 |
| Joe L. Williams | Director | 32,940 | 0.46% | Nov 3, 2026 |
| Tim Scott Stevenson | Director | 29,132 | 0.40% | Oct 3, 2025 |
| Durga D. Agrawal | Director | 27,175 | 0.38% | Jan 6, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Gaurav Chhibbar Chief Operating Officer | Nov 1, 2026 | Tax withholding | −8,500 | $42.16 | $358.36K | 57,900 |
| Joe L. Williams Director | Nov 1, 2026 | Award | +238 | – | – | 32,940 |
| Max Alan Reichenthal Director | Nov 1, 2026 | Award | +238 | – | – | 34,127 |
| Michael Donn Hanson Director | Nov 1, 2026 | Award | +238 | – | – | 695 |
| Sandra Kay Scott Director | Nov 1, 2026 | Award | +238 | – | – | 10,807 |
| Sharon L. Taylor Director | Nov 1, 2026 | Award | +238 | – | – | 8,107 |
| Alex LaRue Chief Financial Officer | Jun 3, 2026 | Award | +10,000 | – | – | 41,646 |
| Mike J. Taylor President / CEO / Director | Jun 3, 2026 | Award | +30,000 | – | – | 253,166 |
| Gaurav Chhibbar Chief Operating Officer | Jun 3, 2026 | Award | +15,000 | – | – | 66,400 |
| Gaurav Chhibbar Chief Operating Officer | Mar 18, 2026 | Buy | +400 | $16.94 | $6.78K | 51,400 |
| Mike J. Taylor President / CEO / Director | Mar 9, 2026 | Buy | +500 | $18.00 | $9.00K | 223,166 |
| Mike J. Taylor President / CEO / Director | Mar 3, 2026 | Buy | +400 | $18.00 | $7.20K | 222,666 |
| Mike J. Taylor President / CEO / Director | Feb 23, 2026 | Buy | +100 | $18.00 | $1.80K | 222,266 |
| Gaurav Chhibbar Chief Operating Officer | Feb 19, 2026 | Buy | +1,000 | $18.35 | $18.35K | 51,000 |
| Mike J. Taylor President / CEO / Director | Feb 18, 2026 | Buy | +600 | $18.75 | $11.25K | 222,166 |
| Mike J. Taylor President / CEO / Director | Dec 2, 2025 | Buy | +500 | $18.74 | $9.37K | 221,566 |
| Sandra Kay Scott Director | Dec 1, 2025 | Buy | +500 | $20.27 | $10.14K | 10,569 |
| Sandra Kay Scott Director | Nov 28, 2025 | Buy | +500 | $20.05 | $10.03K | 10,069 |
| Mike J. Taylor President / CEO / Director | Nov 24, 2025 | Buy | +1,000 | $19.47 | $19.47K | 221,066 |
| Mike J. Taylor President / CEO / Director | Nov 21, 2025 | Buy | +1,000 | $19.28 | $19.28K | 220,066 |
| Gaurav Chhibbar Chief Operating Officer | Nov 1, 2025 | Award | +50,000 | – | – | 50,000 |
| Sandra Kay Scott Director | Oct 1, 2025 | Award | +457 | $21.90 | $10.01K | 9,569 |
| Joe L. Williams Director | Oct 1, 2025 | Award | +457 | $21.90 | $10.01K | 32,702 |
| Michael Donn Hanson Director | Oct 1, 2025 | Award | +457 | $21.90 | $10.01K | 457 |
| Max Alan Reichenthal Director | Oct 1, 2025 | Award | +457 | $21.90 | $10.01K | 33,889 |
| Tim Scott Stevenson Director | Oct 1, 2025 | Award | +457 | $21.90 | $10.01K | 29,132 |
| Sharon L. Taylor Director | Oct 1, 2025 | Award | +457 | $21.90 | $10.01K | 7,869 |
| Alex LaRue Chief Financial Officer | Apr 1, 2025 | Award | +9,331 | – | – | 31,646 |
| Mike J. Taylor President / CEO / Director | Apr 1, 2025 | Award | +49,912 | – | – | 219,066 |
| Alex LaRue Chief Financial Officer | Apr 1, 2025 | Tax withholding | −296 | $14.89 | $4.41K | 22,315 |
| Tim Scott Stevenson Director | Feb 11, 2025 | Buy | +1,500 | $17.23 | $25.85K | 28,675 |
| Sandra Kay Scott Director | Jan 29, 2025 | Buy | +500 | $14.34 | $7.17K | 9,112 |
| Sandra Kay Scott Director | Jan 28, 2025 | Buy | +500 | $14.23 | $7.12K | 8,612 |
| Sandra Kay Scott Director | Jan 27, 2025 | Buy | +700 | $14.21 | $9.95K | 8,112 |
| Mike J. Taylor President / CEO / Director | Jan 15, 2025 | Buy | +2,500 | $14.10 | $35.25K | 169,154 |
| Mike J. Taylor President / CEO / Director | Jan 14, 2025 | Buy | +520 | $14.50 | $7.54K | 166,654 |
| Mike J. Taylor President / CEO / Director | Jan 13, 2025 | Buy | +1,980 | $14.50 | $28.71K | 166,134 |
| Durga D. Agrawal Director | Jan 2, 2025 | Award | +671 | – | – | 27,175 |
| Tim Scott Stevenson Director | Jan 2, 2025 | Award | +671 | – | – | 27,175 |
| Max Alan Reichenthal Director | Jan 2, 2025 | Award | +671 | – | – | 33,432 |
| Sharon L. Taylor Director | Jan 2, 2025 | Award | +671 | – | – | 7,412 |
| Joe L. Williams Director | Jan 2, 2025 | Award | +671 | – | – | 32,245 |
| Sandra Kay Scott Director | Jan 2, 2025 | Award | +671 | – | – | 7,412 |
| Mike J. Taylor President / CEO / Director | Nov 21, 2024 | Buy | +2,000 | $13.50 | $27.00K | 164,154 |
| Max Alan Reichenthal Director | Nov 20, 2024 | Buy | +2,000 | $13.72 | $27.44K | 32,761 |
| Sharon L. Taylor Director | Nov 19, 2024 | Buy | +700 | $13.85 | $9.70K | 6,741 |
| Max Alan Reichenthal Director | Sep 18, 2024 | Buy | +2,000 | $14.00 | $28.00K | 30,761 |
| Mike J. Taylor President / CEO / Director | Sep 18, 2024 | Buy | +1,178 | $13.93 | $16.41K | 162,154 |
| Mike J. Taylor President / CEO / Director | Sep 17, 2024 | Buy | +1,322 | $13.95 | $18.44K | 160,976 |
| Mike J. Taylor President / CEO / Director | Sep 12, 2024 | Buy | +1,043 | $14.40 | $15.02K | 159,654 |
| Mike J. Taylor President / CEO / Director | Sep 11, 2024 | Buy | +569 | $14.40 | $8.19K | 158,611 |
| Mike J. Taylor President / CEO / Director | Sep 10, 2024 | Buy | +888 | $14.40 | $12.79K | 158,042 |
| Max Alan Reichenthal Director | Aug 16, 2024 | Buy | +2,000 | $14.89 | $29.78K | 28,761 |
| Joe L. Williams Director | Jul 10, 2024 | Buy | +3,000 | $14.34 | $43.02K | 31,574 |
| Mike J. Taylor President / CEO / Director | Jul 2, 2024 | Buy | +5,000 | $14.50 | $72.50K | 157,154 |
| Max Alan Reichenthal Director | Jun 26, 2024 | Buy | +2,000 | $15.00 | $30.00K | 26,761 |
| Joel Spira Director | Jun 25, 2024 | Buy | +2,000 | $14.27 | $28.54K | 16,504 |
| Mike J. Taylor President / CEO / Director | Jun 17, 2024 | Buy | +1,908 | $16.33 | $31.16K | 152,154 |
| Mike J. Taylor President / CEO / Director | Jun 14, 2024 | Buy | +3,092 | $16.36 | $50.59K | 150,246 |
| Mike J. Taylor President / CEO / Director | Jun 13, 2024 | Buy | +5,000 | $16.54 | $82.70K | 147,154 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
2.58%
0M shares short
Days to cover
4.2
At 0M shares a day
Change since last report
+11.2%
From 0M shares
Short volume, 20 days
53.2%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Friedman Industries's stock actually held short. Settlement fails (shares not delivered on time) peaked at 209 shares on Sep 11, 2026 over the last 90 days.
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