INNOVATE Corp.

INNOVATE Corp.

VATE·NYSE

$17.13

+11%
IndustrialsEngineering & Construction

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. It provides industrial construction, structural steel, and facility maintenance services for use in commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. The company also fabricates trusses and girders; and fabricates and erects water pipe, water storage tanks, tunnel liners, pressure vessels, strainers, filters, separators, and other customized products. In addition, it offers integrated solutions for digital engineering, modeling and detailing, construction, heavy equipment installation, and facility services; and steel and rebar detailing, and BIM modeling and management services, as well as equipment used in the oil, gas, petrochemical, and pipeline industries. Further, the company develops products for early osteoarthritis of the knee, and aesthetic and medical technologies for the skin. Additionally, it operates over-the-air broadcasting stations and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$233.69M
EPS-4.8400
P/E Ratio-3.54
Earnings Date08/05/2026
6.70%
Return on Invested Capital
-2%
3Y+291.0%
5Y-393.0%
10Y-5732.0%
26.26%
Return on Equity
37%
3Y-24.0%
5Y-263.0%
10Y-111.0%
-6.38%
Return on Assets
64%
3Y+105.0%
5Y+366.0%
10Y+72.0%
INNOVATE Corp.

INNOVATE Corp. Management Team

VATE · NYSE
MM

Mr. Michael J. Sena CPA

Chief Financial Officer, Treasurer & Corporate Secretary

Compensation

$786,233

Born 1973(Age 53)
male
MP

Mr. Paul Kenneth Voigt

Interim Chief Executive Officer

Compensation

$506,000

Born 1959(Age 67)
male
AR

Anthony Rozmus

Investor Relations Officer

vate

INNOVATE Corp. Insider Positioning

VATE · NYSE

During the last 12 months, insiders have purchased $1.57M worth of VATE shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

100.0K

567.00K

Sold

0

0.00

Net Activity

+567K

+$567K

9-12 Months

Bought

176.1K

1000.00K

Sold

0

0.00

Net Activity

+1000K

+$1000K

Top Buyers

1
VP

Voigt Paul

Officer: Interim Ceo

276.1K shares2 transactions

$1.57M

2
GAA

Glazer Avram A

Director, 10 Percent Owner:

0 shares1 transactions

$0

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $1.57M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Insider Participation

High Buying

2 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.

SEC Filings

VATE - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2025

N/A

April 28, 2026
December 31, 2025
2025
DEF 14A

DEF 14A 2024

N/A

April 28, 2025
December 31, 2024
2024
DEF 14A

DEF 14A 2023

N/A

April 29, 2024
December 31, 2023
2023
DEF 14A

DEF 14A 2022

N/A

May 01, 2023
December 31, 2022
2022
DEF 14A

DEF 14A 2021

N/A

April 27, 2022
December 31, 2021
2021
DEF 14A

DEF 14A 2021

N/A

April 28, 2021
June 17, 2021
2021
DEF 14A

DEF 14A 2020

N/A

October 19, 2020
November 19, 2020
2020
DEF 14A

DEF 14A 2020

N/A

May 27, 2020
July 08, 2020
2020
DEF 14A

DEF 14A 2019

N/A

April 29, 2019
June 13, 2019
2019
DEF 14A

DEF 14A 2018

N/A

April 30, 2018
June 13, 2018
2018
Showing 1 to 10 of 30 filings