Friedman Industries (FRD)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.47 mm	2.47 mm	2.47 mm	2.47 mm	2.47 mm	2.47 mm
Cash burn (monthly)	139.33 k	195.83 k	300.67 k	(no burn)	(no burn)	(no burn)
Cash used (since last report)	389.00 k	546.75 k	839.43 k	n/a	n/a	n/a
Cash remaining	2.08 mm	1.93 mm	1.63 mm	n/a	n/a	n/a
Runway (months of cash)	15.0	9.8	5.4	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2024

FRD institutional ownership history Ownership history

45.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	37	4	+825.0%
Opened positions	33	0	NEW
Closed positions	0	29	EXIT
Increased positions	0	0
Reduced positions	1	0	NEW

13F shares	Current	Prev Q	Change
Total value	36.46 bn	894.08 mm	+3977.4%
Total shares	3.32 mm	908.41 k	+266.0%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Dimensional Fund Advisors	560.11 k	$10.50 bn	NEW
Mitsubishi	516.04 k	$0.00	0.0%
De Lisle Partners	408.13 k	$7.60 bn	NEW
Renaissance Technologies	359.64 k	$6.74 mm	NEW
GPUS Hyperscale Data	334.70 k	$2.49 mm	0.0%
Vanguard	307.00 k	$5.75 bn	NEW
Bridgeway Capital Management	156.22 k	$2.93 bn	NEW
Acadian Asset Management	134.46 k	$2.52 mm	NEW
MS Morgan Stanley	97.26 k	$1.82 bn	NEW
Geode Capital Management	64.12 k	$1.20 bn	NEW

Largest transactions	Shares	Bought/sold	Change
Dimensional Fund Advisors	560.11 k	+560.11 k	NEW
De Lisle Partners	408.13 k	+408.13 k	NEW
Renaissance Technologies	359.64 k	+359.64 k	NEW
Vanguard	307.00 k	+307.00 k	NEW
Bridgeway Capital Management	156.22 k	+156.22 k	NEW
Acadian Asset Management	134.46 k	+134.46 k	NEW
MS Morgan Stanley	97.26 k	+97.26 k	NEW
Geode Capital Management	64.12 k	+64.12 k	NEW
Susquehanna International	59.85 k	+59.85 k	NEW
Janney Montgomery Scott	32.53 k	+32.53 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FRD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Nov 24	Mike J Taylor	Common Stock	Buy	Acquire P	No	No	13.5	2,000	27.00 k	164,154
20 Nov 24	Reichenthal Max Alan	Common Stock	Buy	Acquire P	No	No	13.72	2,000	27.44 k	32,761
19 Nov 24	Sharon L Taylor	Common Stock	Buy	Acquire P	No	No	13.85	700	9.70 k	6,741
18 Sep 24	Reichenthal Max Alan	Common Stock	Buy	Acquire P	No	No	14	2,000	28.00 k	30,761
18 Sep 24	Mike J Taylor	Common Stock	Buy	Acquire P	No	No	13.93	1,178	16.41 k	162,154
17 Sep 24	Mike J Taylor	Common Stock	Buy	Acquire P	No	No	13.95	1,322	18.44 k	160,976

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

Friedman Industries, Incorporated Announces Second Quarter Results

12 Nov 24

LONGVIEW, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE:FRD) announced today its results of operations for the second fiscal quarter ended September 30, 2024. September 30, 2024