Troops, Inc. /cayman Islands/ is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Funds8 adding, 3 cuttingOf 2 active managers that changed their stake, 2 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Troops, Inc. /cayman Islands/'s latest figures clears our strength thresholds.
Things to watch
- Volatile shares. Over the past year the shares showed annualised volatility of 114% and a beta of 1.9 against the S&P 500.
Price chart
- 1 day-1.3%
- 1 week-3.9%
- 1 month+26.2%
- This year-32.2%
- 1 year+51.8%
- 5 years-63.8%
- S&P 500 this year+11.2%
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Third-party market data · may be delayed
At a glance
News & updates
Company announcements, filed results and changes that matter to shareholders.
No recent updates are available for TROO from the sources we follow. See filings →
No model value for Troops, Inc. /cayman Islands/ at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.
Valuation models
We value Troops, Inc. /cayman Islands/ as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 9.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.92 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | — | No model applies: the filings don’t yet support a value. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Troops, Inc. /cayman Islands/ with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
Forecasts and guidance
Analysts' consensus
No analyst estimates are published for Troops, Inc. /cayman Islands/: too few analysts cover it.
Positioning
- Short interest
- 3.8% of tradable shares
- Days to cover
- 17.14 at average volume
- Short interest, 1 month
- −7% to October 15, 2026
- Held by institutions
- 0% of shares
- Held by insiders
- 60.0% of shares
- Employees
- 47 full time
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| TROO | +239% | −56% | +37% | −45% | +95% | −32% |
| Industry peers (median) | +33% | −17% | +19% | +15% | −4% | −6% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| TROO | 58% | 33% | 58% | 33% | 50% | 46% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| TROO | −79% | −84% | −54% | −68% | −74% | −69% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 98% from July 12, 2021 to April 22, 2025. Getting back needed a 3900% gain, and the shares have not yet recovered.
Price behaviour
- 52-week range
- $1.13 – $5.02
- From 52-week high
- −56.8%
- vs 50-day average
- +10.9%
- vs 200-day average
- −18.7%
- Volatility (1 year)
- 114%
- Beta vs S&P 500
- 1.90
Fundamentals
Who owns it
Funds buying and selling- Reported value
- $981,946
- Institutions reporting
- 13
- Shares held vs prior quarter
- ▲ 70.1%
- Positions opened / closed
- 4 / 0
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Geode Capital Management, LLC | $193,415 | 79K | 19.7% | ▲ 6.1% |
| Xtx Topco Ltd | $162,621 | 66K | 16.6% | ▲ 240.6% |
| UBS Group AG | $135,347 | 55K | 13.8% | ▼ 5.6% |
| Morgan Stanley | $134,806 | 55K | 13.7% | New |
| HRT Financial LP | $117,000 | 48K | 11.9% | ▲ 137.9% |
| Jane Street Group, LLC | $83,419 | 34K | 8.5% | ▼ 8.3% |
| Marshall Wace, LLP | $58,794 | 24K | 6.0% | New |
| Two Sigma Investments, LP | $34,725 | 14K | 3.5% | 0.0% |
| Renaissance Technologies LLC | $25,830 | 11K | 2.6% | New |
| Two Sigma Securities, LLC | $24,639 | 10K | 2.5% | New |
| Group One Trading LLC | $11,306 | 5K | 1.2% | ▼ 60.9% |
| Caitong International Asset Management Co., Ltd | $27 | 0K | 0.0% | ▲ 450.0% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Troops, Inc. /cayman Islands/'s complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chartFrom insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Troops, Inc. /cayman Islands/ in brief
- What does Troops, Inc. /cayman Islands/ do?
- Troops, Inc. /cayman Islands/ is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
- What is Troops, Inc. /cayman Islands/'s stock ticker?
- Troops, Inc. /cayman Islands/ trades under the ticker TROO on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Troops, Inc. /cayman Islands/'s largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Geode Capital Management, LLC, Xtx Topco Ltd and UBS Group AG. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
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