Financial Services -
Asset Management - NASDAQ - US
$ 61.57
0.802 %
$ 7.09 B
Market Cap
100.93
P/E
1. INTRINSIC VALUE
Balance Sheet
StepStone Group Inc.
| Current Assets | 1.66 B |
| Cash & Short-Term Investments | 182 M |
| Receivables | 1.45 B |
| Other Current Assets | 27.7 M |
| Non-Current Assets | 2.13 B |
| Long-Term Investments | 898 M |
| PP&E | 127 M |
| Other Non-Current Assets | 1.1 B |
| Current Liabilities | 1.69 B |
| Accounts Payable | 22.3 M |
| Short-Term Debt | 15.4 M |
| Other Current Liabilities | 1.66 B |
| Non-Current Liabilities | 223 M |
| Long-Term Debt | 253 M |
| Other Non-Current Liabilities | -30.3 M |
EFFICIENCY
Earnings Waterfall
StepStone Group Inc.
| Revenue | 712 M |
| Cost Of Revenue | 373 M |
| Gross Profit | 339 M |
| Operating Expenses | 148 M |
| Operating Income | 191 M |
| Other Expenses | 133 M |
| Net Income | 58.1 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
StepStone Group Inc.
| Net Income | 58.1 M |
| Depreciation & Amortization | 47.6 M |
| Capital Expenditures | -19.6 M |
| Stock-Based Compensation | 74.7 M |
| Change in Working Capital | 18.9 M |
| Others | -16.9 M |
| Free Cash Flow | 142 M |
Wall Street Analysts Price Targets
StepStone Group Inc.
Wall Street analysts predict an average 1-year price target for STEP of $51.5 , with forecasts ranging from
a
low of
$41 to a high of $58 .
STEP Lowest Price Target
Wall Street Target
41 USD
-33.41%
STEP Average Price Target
Wall Street Target
51.5 USD
-16.36%
STEP Highest Price Target
Wall Street Target
58 USD
-5.80%
4. DIVIDEND
ANALYSIS
0.61%
DIVIDEND YIELD
0.24 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
StepStone Group Inc.
Sold
0-3 MONTHS
4.43 M USD 4
3-6 MONTHS
0 USD 0
6-9 MONTHS
5.84 M USD 3
9-12 MONTHS
11.3 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
997 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 month ago
Dec 03, 2024
|
Sell 257 K
USD
|
McCabe Michael I
director, officer, other: Head of Strategy
|
- 4000
|
64.25 USD |
|
1 month ago
Dec 03, 2024
|
Sell 142 K
USD
|
McCabe Michael I
director, officer, other: Head of Strategy
|
- 2200
|
64.34 USD |
|
1 month ago
Dec 03, 2024
|
Sell 1.22 M
USD
|
Hart Scott W
director, officer, other: Chief Executive Officer
|
- 19291
|
63.11 USD |
|
1 month ago
Dec 03, 2024
|
Sell 173 K
USD
|
Hart Scott W
director, officer, other: Chief Executive Officer
|
- 2700
|
64.15 USD |
|
1 month ago
Dec 03, 2024
|
Sell 6.48 K
USD
|
Hart Scott W
director, officer, other: Chief Executive Officer
|
- 100
|
64.85 USD |
|
1 month ago
Dec 04, 2024
|
Sell 2.36 M
USD
|
Hart Scott W
director, officer, other: Chief Executive Officer
|
- 37509
|
62.8 USD |
|
1 month ago
Dec 04, 2024
|
Sell 25.4 K
USD
|
Hart Scott W
director, officer, other: Chief Executive Officer
|
- 400
|
63.48 USD |
|
2 months ago
Nov 12, 2024
|
Sell 50.2 K
USD
|
Keathley Anthony
Chief Accounting Officer
|
- 729
|
68.85 USD |
|
2 months ago
Nov 12, 2024
|
Sell 205 K
USD
|
Park David Y
Chief Financial Officer
|
- 3000
|
68.21 USD |
|
7 months ago
Jun 11, 2024
|
Sell 1.22 M
USD
|
Mitchell Steven R
director, 10 percent owner:
|
- 27500
|
44.34 USD |
|
7 months ago
Jun 10, 2024
|
Sell 3.38 M
USD
|
Keck Thomas
director, other: See Remarks
|
- 74976
|
45.06 USD |
|
7 months ago
Jun 11, 2024
|
Sell 222 K
USD
|
Keck Thomas
director, other: See Remarks
|
- 4939
|
45.04 USD |
|
7 months ago
Jun 12, 2024
|
Sell 591 K
USD
|
Keck Thomas
director, other: See Remarks
|
- 13050
|
45.32 USD |
|
7 months ago
Jun 03, 2024
|
Sell 119 K
USD
|
Keck Thomas
director, other: See Remarks
|
- 2653
|
45.04 USD |
|
7 months ago
Jun 04, 2024
|
Sell 197 K
USD
|
Keck Thomas
director, other: See Remarks
|
- 4382
|
45.01 USD |
|
7 months ago
Jun 03, 2024
|
Sell 110 K
USD
|
Park David Y
Chief Financial Officer
|
- 2500
|
44.13 USD |
|
7 months ago
May 30, 2024
|
Bought
997 K USD
|
Hoffmeister David F
Director
|
+ 22500
|
44.29 USD |
|
10 months ago
Feb 23, 2024
|
Sell 1.89 M
USD
|
Keck Thomas
director, other: See Remarks
|
- 53403
|
35.47 USD |
|
10 months ago
Feb 26, 2024
|
Sell 131 K
USD
|
Keck Thomas
director, other: See Remarks
|
- 3694
|
35.47 USD |
|
10 months ago
Feb 22, 2024
|
Sell 16.7 K
USD
|
Keathley Anthony
Chief Accounting Officer
|
- 469
|
35.7 USD |
|
10 months ago
Feb 21, 2024
|
Sell 851 K
USD
|
Keck Thomas
director, other: See Remarks
|
- 24241
|
35.1 USD |
|
10 months ago
Feb 22, 2024
|
Sell 1.74 M
USD
|
Keck Thomas
director, other: See Remarks
|
- 48662
|
35.68 USD |
|
11 months ago
Feb 15, 2024
|
Sell 2.01 M
USD
|
Lim James
10 percent owner
|
- 56937
|
35.22 USD |
|
11 months ago
Feb 16, 2024
|
Sell 2.18 M
USD
|
Lim James
10 percent owner
|
- 62164
|
35.11 USD |
|
11 months ago
Feb 13, 2024
|
Sell 316 K
USD
|
Lim James
10 percent owner
|
- 9008
|
35.06 USD |
|
11 months ago
Feb 14, 2024
|
Sell 2.16 M
USD
|
Lim James
10 percent owner
|
- 61294
|
35.16 USD |
|
11 months ago
Feb 13, 2024
|
Sell 24.4 K
USD
|
Keathley Anthony
Chief Accounting Officer
|
- 699
|
34.95 USD |
|
1 year ago
Dec 14, 2023
|
Sell 5.15 M
USD
|
Lim James
10 percent owner
|
- 177283
|
29.03 USD |
|
1 year ago
Dec 15, 2023
|
Sell 2.01 M
USD
|
Lim James
10 percent owner
|
- 69649
|
28.8 USD |
|
1 year ago
Sep 15, 2023
|
Sell 81.4 K
USD
|
Park David Y
Chief Accounting Officer
|
- 2541
|
32.02 USD |
|
1 year ago
Sep 14, 2023
|
Sell 559 K
USD
|
Lim James
10 percent owner
|
- 17946
|
31.15 USD |
|
1 year ago
Sep 15, 2023
|
Sell 693 K
USD
|
Lim James
10 percent owner
|
- 21862
|
31.72 USD |
|
1 year ago
Sep 13, 2023
|
Sell 46.7 K
USD
|
Park David Y
Chief Accounting Officer
|
- 1459
|
32.02 USD |
|
1 year ago
Sep 11, 2023
|
Sell 994 K
USD
|
Lim James
10 percent owner
|
- 31648
|
31.42 USD |
|
1 year ago
Sep 12, 2023
|
Sell 1.38 M
USD
|
Lim James
10 percent owner
|
- 43515
|
31.64 USD |
|
1 year ago
Sep 13, 2023
|
Sell 1.71 M
USD
|
Lim James
10 percent owner
|
- 53925
|
31.76 USD |
|
1 year ago
Sep 06, 2023
|
Sell 15.5 K
USD
|
Lim James
10 percent owner
|
- 500
|
31.01 USD |
|
1 year ago
Sep 07, 2023
|
Sell 575 K
USD
|
Lim James
10 percent owner
|
- 18466
|
31.15 USD |
|
1 year ago
Sep 08, 2023
|
Sell 639 K
USD
|
Lim James
10 percent owner
|
- 20473
|
31.21 USD |
|
1 year ago
Aug 31, 2023
|
Sell 19.7 K
USD
|
Lim James
10 percent owner
|
- 634
|
31.01 USD |
|
1 year ago
Sep 01, 2023
|
Sell 498 K
USD
|
Lim James
10 percent owner
|
- 16056
|
31.04 USD |
|
1 year ago
Sep 05, 2023
|
Sell 22 K
USD
|
Lim James
10 percent owner
|
- 710
|
31.03 USD |
|
1 year ago
Aug 31, 2023
|
Sell 17.9 K
USD
|
Ment Jason P
See remarks
|
- 576
|
31.01 USD |
|
1 year ago
Sep 01, 2023
|
Sell 491 K
USD
|
Ment Jason P
See remarks
|
- 15826
|
31.04 USD |
|
1 year ago
Sep 05, 2023
|
Sell 112 K
USD
|
Ment Jason P
See remarks
|
- 3598
|
31.03 USD |
|
1 year ago
Jun 05, 2023
|
Bought
589 K USD
|
McCabe Michael I
Head of Strategy
|
+ 25000
|
23.56 USD |
|
1 year ago
Jun 02, 2023
|
Bought
872 K USD
|
McCabe Michael I
Head of Strategy
|
+ 37000
|
23.57 USD |
|
1 year ago
Jun 01, 2023
|
Bought
753 K USD
|
McCabe Michael I
Head of Strategy
|
+ 33000
|
22.83 USD |
|
1 year ago
May 31, 2023
|
Bought
644 K USD
|
McCabe Michael I
Head of Strategy
|
+ 30000
|
21.46 USD |
|
1 year ago
May 30, 2023
|
Bought
1.07 M USD
|
McCabe Michael I
Head of Strategy
|
+ 50000
|
21.48 USD |
|
1 year ago
Mar 01, 2023
|
Sell 68.4 K
USD
|
Park David Y
Chief Accounting Officer
|
- 2400
|
28.52 USD |
|
1 year ago
Feb 07, 2023
|
Sell 54 K
USD
|
Lim James
10 percent owner
|
- 1740
|
31.02 USD |
|
1 year ago
Feb 08, 2023
|
Sell 164 K
USD
|
Lim James
10 percent owner
|
- 5272
|
31.05 USD |
|
1 year ago
Feb 09, 2023
|
Sell 13.9 K
USD
|
Lim James
10 percent owner
|
- 446
|
31.06 USD |
|
1 year ago
Feb 07, 2023
|
Sell 549 K
USD
|
Keck Thomas
Director
|
- 18222
|
30.11 USD |
|
1 year ago
Feb 02, 2023
|
Sell 2.35 M
USD
|
Keck Thomas
Director
|
- 76335
|
30.74 USD |
|
1 year ago
Feb 03, 2023
|
Sell 1.52 M
USD
|
Keck Thomas
Director
|
- 47781
|
31.81 USD |
|
1 year ago
Feb 06, 2023
|
Sell 965 K
USD
|
Keck Thomas
Director
|
- 32050
|
30.1 USD |
|
1 year ago
Feb 02, 2023
|
Sell 139 K
USD
|
Lim James
10 percent owner
|
- 4492
|
31.02 USD |
|
1 year ago
Feb 03, 2023
|
Sell 383 K
USD
|
Lim James
10 percent owner
|
- 12315
|
31.09 USD |
|
2 years ago
Dec 15, 2022
|
Sell 82.2 K
USD
|
Park David Y
Chief Accounting Officer
|
- 3000
|
27.4 USD |
|
2 years ago
Dec 13, 2022
|
Sell 18.4 K
USD
|
Keck Thomas
Director
|
- 612
|
30.06 USD |
|
2 years ago
Nov 08, 2022
|
Sell 890 K
USD
|
Lim James
Director
|
- 30000
|
29.65 USD |
|
2 years ago
Nov 09, 2022
|
Sell 997 K
USD
|
Lim James
Director
|
- 34000
|
29.31 USD |
|
2 years ago
Nov 10, 2022
|
Sell 13.2 M
USD
|
Lim James
Director
|
- 436000
|
30.18 USD |
|
3 years ago
Nov 18, 2021
|
Sell 20.7 M
USD
|
Lim James
10 percent owner
|
- 399101
|
51.83 USD |
|
3 years ago
Nov 18, 2021
|
Sell 17.2 M
USD
|
McCabe Michael I
Head of Strategy
|
- 332584
|
51.83 USD |
|
3 years ago
Nov 18, 2021
|
Sell 6.9 M
USD
|
Randel Johnny D
Chief Financial Officer
|
- 133033
|
51.83 USD |
|
3 years ago
Nov 18, 2021
|
Sell 3.45 M
USD
|
Hart Scott W
Co-Chief Executive Officer
|
- 66517
|
51.83 USD |
|
3 years ago
Nov 18, 2021
|
Sell 44.8 M
USD
|
Brem Monte M
See remarks
|
- 863616
|
51.83 USD |
|
3 years ago
Nov 18, 2021
|
Sell 69 M
USD
|
ARG Private Equity, LLC
10 percent owner
|
- 1330336
|
51.83 USD |
|
3 years ago
Nov 03, 2021
|
Sell 2.07 M
USD
|
Keck Thomas
Director
|
- 44082
|
46.94 USD |
|
3 years ago
Oct 29, 2021
|
Sell 2.84 M
USD
|
Keck Thomas
Director
|
- 60337
|
47.04 USD |
|
3 years ago
Nov 01, 2021
|
Sell 2.95 M
USD
|
Keck Thomas
Director
|
- 62551
|
47.21 USD |
|
3 years ago
Nov 02, 2021
|
Sell 2.08 M
USD
|
Keck Thomas
Director
|
- 43597
|
47.62 USD |
|
3 years ago
Oct 27, 2021
|
Sell 1.36 M
USD
|
Keck Thomas
Director
|
- 29765
|
45.66 USD |
|
3 years ago
Oct 28, 2021
|
Sell 2.25 M
USD
|
Keck Thomas
Director
|
- 48000
|
46.85 USD |
|
3 years ago
Oct 27, 2021
|
Sell 57.3 K
USD
|
Waldo Robert
10 percent owner
|
- 1262
|
45.3838 USD |
|
3 years ago
Oct 22, 2021
|
Sell 793 K
USD
|
Keck Thomas
Director
|
- 18052
|
43.94 USD |
|
3 years ago
Oct 25, 2021
|
Sell 1.11 M
USD
|
Keck Thomas
Director
|
- 24780
|
44.74 USD |
|
3 years ago
Oct 26, 2021
|
Sell 976 K
USD
|
Keck Thomas
Director
|
- 21447
|
45.51 USD |
|
3 years ago
Oct 22, 2021
|
Sell 792 K
USD
|
McCabe Michael I
Head of Strategy
|
- 18032
|
43.93 USD |
|
3 years ago
Oct 22, 2021
|
Sell 795 K
USD
|
McCabe Michael I
Head of Strategy
|
- 18100
|
43.94 USD |
|
3 years ago
Oct 25, 2021
|
Sell 1.11 M
USD
|
McCabe Michael I
Head of Strategy
|
- 24814
|
44.75 USD |
|
3 years ago
Oct 25, 2021
|
Sell 1.11 M
USD
|
McCabe Michael I
Head of Strategy
|
- 24817
|
44.75 USD |
|
3 years ago
Oct 26, 2021
|
Sell 436 K
USD
|
McCabe Michael I
Head of Strategy
|
- 9686
|
45.03 USD |
|
3 years ago
Oct 26, 2021
|
Sell 433 K
USD
|
McCabe Michael I
Head of Strategy
|
- 9610
|
45.04 USD |
|
3 years ago
Oct 25, 2021
|
Sell 135 K
USD
|
Park David Y
Chief Accounting Officer
|
- 3000
|
45.01 USD |
|
3 years ago
Oct 25, 2021
|
Sell 186 K
USD
|
Waldo Robert
10 percent owner
|
- 4131
|
45.1329 USD |
|
3 years ago
Oct 26, 2021
|
Sell 1.47 M
USD
|
Waldo Robert
10 percent owner
|
- 32107
|
45.714 USD |
|
3 years ago
Oct 19, 2021
|
Sell 255 K
USD
|
Keck Thomas
Director
|
- 5900
|
43.2 USD |
|
3 years ago
Oct 20, 2021
|
Sell 573 K
USD
|
Keck Thomas
Director
|
- 13212
|
43.35 USD |
|
3 years ago
Oct 21, 2021
|
Sell 324 K
USD
|
Keck Thomas
Director
|
- 7500
|
43.21 USD |
|
3 years ago
Oct 19, 2021
|
Sell 257 K
USD
|
McCabe Michael I
Head of Strategy
|
- 5949
|
43.2 USD |
|
3 years ago
Oct 19, 2021
|
Sell 259 K
USD
|
McCabe Michael I
Head of Strategy
|
- 6001
|
43.2 USD |
|
3 years ago
Oct 20, 2021
|
Sell 575 K
USD
|
McCabe Michael I
Head of Strategy
|
- 13255
|
43.35 USD |
|
3 years ago
Oct 20, 2021
|
Sell 571 K
USD
|
McCabe Michael I
Head of Strategy
|
- 13168
|
43.35 USD |
|
3 years ago
Oct 21, 2021
|
Sell 324 K
USD
|
McCabe Michael I
Head of Strategy
|
- 7503
|
43.21 USD |
|
3 years ago
Oct 21, 2021
|
Sell 324 K
USD
|
McCabe Michael I
Head of Strategy
|
- 7501
|
43.21 USD |
|
3 years ago
Oct 14, 2021
|
Sell 116 K
USD
|
McCabe Michael I
Head of Strategy
|
- 2700
|
43.02 USD |
|
3 years ago
Oct 14, 2021
|
Sell 118 K
USD
|
McCabe Michael I
Head of Strategy
|
- 2737
|
43.02 USD |
|
3 years ago
Oct 15, 2021
|
Sell 602 K
USD
|
McCabe Michael I
Head of Strategy
|
- 13933
|
43.23 USD |
|
3 years ago
Oct 15, 2021
|
Sell 604 K
USD
|
McCabe Michael I
Head of Strategy
|
- 13966
|
43.23 USD |
|
3 years ago
Oct 18, 2021
|
Sell 178 K
USD
|
McCabe Michael I
Head of Strategy
|
- 4128
|
43.04 USD |
|
3 years ago
Oct 18, 2021
|
Sell 177 K
USD
|
McCabe Michael I
Head of Strategy
|
- 4100
|
43.06 USD |
|
3 years ago
Oct 14, 2021
|
Sell 116 K
USD
|
Keck Thomas
Director
|
- 2700
|
43.02 USD |
|
3 years ago
Oct 15, 2021
|
Sell 603 K
USD
|
Keck Thomas
Director
|
- 13942
|
43.24 USD |
|
3 years ago
Oct 18, 2021
|
Sell 178 K
USD
|
Keck Thomas
Director
|
- 4135
|
43.04 USD |
|
3 years ago
Oct 08, 2021
|
Sell 93.4 K
USD
|
Randel Johnny D
Chief Financial Officer
|
- 2305
|
40.5 USD |
|
3 years ago
Oct 05, 2021
|
Sell 576 K
USD
|
Randel Johnny D
Chief Financial Officer
|
- 13903
|
41.41 USD |
|
3 years ago
Oct 06, 2021
|
Sell 655 K
USD
|
Randel Johnny D
Chief Financial Officer
|
- 16002
|
40.96 USD |
|
3 years ago
Oct 07, 2021
|
Sell 834 K
USD
|
Randel Johnny D
Chief Financial Officer
|
- 20185
|
41.31 USD |
|
3 years ago
Oct 01, 2021
|
Sell 643 K
USD
|
Randel Johnny D
Chief Financial Officer
|
- 15412
|
41.75 USD |
|
3 years ago
Oct 04, 2021
|
Sell 301 K
USD
|
Randel Johnny D
Chief Financial Officer
|
- 7193
|
41.85 USD |
|
3 years ago
Sep 27, 2021
|
Sell 415 K
USD
|
Mitchell Steven R
director, 10 percent owner:
|
- 9290
|
44.7 USD |
|
3 years ago
Sep 28, 2021
|
Sell 769 K
USD
|
Mitchell Steven R
director, 10 percent owner:
|
- 17845
|
43.11 USD |
|
3 years ago
Sep 29, 2021
|
Sell 343 K
USD
|
Mitchell Steven R
director, 10 percent owner:
|
- 7865
|
43.55 USD |
|
3 years ago
Mar 23, 2021
|
Sell 40.8 M
USD
|
ARG Private Equity, LLC
10 percent owner
|
- 1439814
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 5.66 M
USD
|
FRIEDMAN DARREN M.
|
- 200000
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 8.49 M
USD
|
Maruszewski Mark
Director
|
- 299629
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 103 M
USD
|
Brem Monte M
See remarks
|
- 3644110
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 5.66 M
USD
|
Keck Thomas
director, 10 percent owner:
|
- 200000
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 5.66 M
USD
|
Randel Johnny D
Chief Financial Officer
|
- 200000
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 49.6 M
USD
|
Fernandez Jose A
Co-Chief Operating Officer
|
- 1750000
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 8.5 M
USD
|
Bradley Thomas Alcott
|
- 300000
|
28.32 USD |
|
3 years ago
Mar 23, 2021
|
Sell 12 M
USD
|
Jeffrey David
|
- 425000
|
28.32 USD |
|
4 years ago
Sep 18, 2020
|
Bought
720 K USD
|
Jeffrey David
|
+ 40000
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought
803 K USD
|
FRIEDMAN DARREN M.
|
+ 44600
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought
241 K USD
|
Bradley Thomas Alcott
|
+ 13380
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought
750 K USD
|
Maruszewski Mark
Director
|
+ 41667
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought
1 M USD
|
Keck Thomas
Director
|
+ 55750
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought
161 K USD
|
Fernandez Jose A
Co-Chief Operating Officer
|
+ 8920
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought
80.3 K USD
|
Ment Jason P
See remarks
|
+ 4460
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought
241 K USD
|
Hart Scott W
Co-Chief Executive Officer
|
+ 13380
|
18 USD |
|
4 years ago
Sep 18, 2020
|
Bought
1.12 M USD
|
Argonaut Private Equity, L.L.C.
10 percent owner
|
+ 62500
|
18 USD |
7. News
STEP Energy Services Announces Normal Course Issuer Bid
CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (TSX:STEP) (“STEP”) has received approval from the Toronto Stock Exchange (“TSX”) to proceed with a normal course issuer bid (“NCIB”) for its common shares. Under the NCIB, STEP may repurchase up to 3,601,082 common shares, representing five percent of its issued and outstanding common shares as at December 26, 2024. The NCIB is to commence on January 9, 2025 and end on January 8, 2026 or such earlier date as STEP may complete its max.
businesswire.com
- 1 week ago
STEP Energy Services Ltd. Announces Agreement to Mutually Terminate Arrangement
CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. ("STEP") (TSX: STEP) announces that effective December 19, 2024, STEP, 2659160 Alberta Ltd. and the limited partnerships comprising ARC Energy Fund 8 (a private equity fund advised by ARC Financial Corp.) have entered into a termination agreement that mutually terminates the arrangement agreement originally entered into on November 3, 2024 (the "Agreement"). The termination is without liability or cost to any party. The decision to te.
businesswire.com
- 1 month ago
STEP Energy Services Ltd. Announces That Special Meeting Will Commence at 5:00 P.M.
CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. ("STEP" or the "Company") today announced that it has postponed the start of its special meeting (the "Meeting") of shareholders that was scheduled to commence at 10:00 a.m. (Mountain time) to 5:00 p.m. (Mountain Time) today (December 19, 2024). While a number of shareholders have switched or withdrawn their votes, based on current tabulations, the previously announced Arrangement would be defeated. Shareholders who have given a proxy.
businesswire.com
- 1 month ago
STEP Energy Services Ltd. Announces Both Leading Independent Proxy Advisors Recommend STEP Shareholders Vote for the Arrangement With ARC
CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. ("STEP" or the "Company") is pleased to announce that both leading independent proxy advisors, Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis"), have issued recommendations that shareholders of STEP ("STEP Shareholders") vote FOR the previously announced plan of arrangement (the "Arrangement") with 2659160 Alberta Ltd. (the "Purchaser") and the limited partnerships comprising ARC Energy Fund 8.
businesswire.com
- 1 month ago
STEP Energy Services Ltd. Announces 2025 Capital Budget and Provides Fourth Quarter Update and First Quarter Outlook and Impact of Canada Post Service Disruption on Take Private Transaction
CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (“STEP” or the “Company”) (TSX: STEP) is announcing its 2025 capital budget and is providing an operational and financial update. 2025 Capital Budget STEP is pleased to announce its full-year 2025 capital budget will be $78.9 million. The budget includes $46.7 million of optimization capital and $32.2 million of sustaining capital. The optimization capital will facilitate the deepening of the Company's natural gas strategy, including.
businesswire.com
- 1 month ago
StepStone Group Recognized Among Best Places to Work in Money Management by Pensions & Investments for Second Consecutive Year
NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, today announced it has been named one of the Best Places to Work in Money Management by Pensions & Investments for the second consecutive year.
globenewswire.com
- 1 month ago
Is the Options Market Predicting a Spike in StepStone (STEP) Stock?
Investors need to pay close attention to StepStone (STEP) stock based on the movements in the options market lately.
zacks.com
- 2 months ago
Federato announces $80 million raised to bring RiskOps to insurance
New capital will drive continued global expansion to bring more insurers into the AI era SAN FRANCISCO , Nov. 20, 2024 /PRNewswire/ -- Federato , the AI-native underwriting platform for insurance, announced today that it has raised a total of $80 million, including its latest Series C funding round. The $40 million round was led by global private markets investor StepStone Group (NASDAQ: STEP), with participation from existing investors, including Emergence Capital , Caffeinated Capital and Pear VC , who together represent over $200 billion in combined assets under management.
prnewswire.com
- 2 months ago
STEP Energy Services Ltd. Announces Commencement of Delivery and Filing of Circular for Special Meeting of Shareholders to Approve Arrangement
CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. ("STEP" or the "Company") is pleased to announce the commencement of delivery of its management information circular (the "Circular") and related documents for the special meeting of STEP shareholders (the "Meeting") in connection with the previously announced plan of arrangement (the "Arrangement") under section 193 of the Business Corporations Act (Alberta) involving the Company and 2659160 Alberta Ltd. (the "Purchaser"), a newly-fo.
businesswire.com
- 2 months ago
Step Energy Services Ltd. Reports Third Quarter 2024 Results
CALGARY, Alberta--(BUSINESS WIRE)--STEP Energy Services Ltd. (the “Company” or “STEP”) (TSX: STEP) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2024. The following press release should be read in conjunction with the management's discussion and analysis (“MD&A”) and the unaudited condensed consolidated financial interim statements and notes thereto as at September 30, 2024 (the “Financial Statements”). Readers should also refer.
businesswire.com
- 2 months ago
StepStone Group Inc. (STEP) Q2 2025 Earnings Call Transcript
StepStone Group Inc. (NASDAQ:STEP ) Q2 2025 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Seth Weiss - Vice President-Investor Relations Scott Hart - Chief Executive Officer Mike McCabe - Head-Strategy David Park - Chief Financial Officer Jason Ment - President & Co-Chief Operating Officer Conference Call Participants Alex Blostein - Goldman Sachs Ben Budish - Barclays Ken Worthington - JPMorgan Michael Cyprys - Morgan Stanley Operator Good day and thank you for standing by. Welcome to the StepStone Second Quarter of Fiscal Year 2025 Conference Call and Webcast.
seekingalpha.com
- 2 months ago
StepStone Group Inc. (STEP) Surpasses Q2 Earnings Estimates
StepStone Group Inc. (STEP) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.26 per share a year ago.
zacks.com
- 2 months ago
8. Profile
Summary
StepStone Group Inc. STEP
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 7.09 B
Dividend Yield
0.61%
Description
StepStone Group Inc. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, and buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, consumer staples, financials, telecommunication services, energy, infrastructure, real estate, and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. It typically invests between $15 million and $200 million in firms with enterprise value between $150 million and $25000 million. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, Europe, Australia, and Asia.
Contact
450 Lexington Avenue, New York, NY, 10017
https://www.stepstonegroup.com/
IPO
Date
Sept. 16, 2020
Employees
1050
Officers
Mr. Scott Hart
Chief Executive Officer, Head of Private Equity, Director & Partner
Mr. Jason Paul Ment J.D.
Partner, President & Co-Chief Operating Officer
Mr. Anthony Keathley
MD & Chief Accounting Officer
Mr. Seth Weiss
Managing Director of Corporate Investor Relations - New York
Mr. David Yongil Park
Partner & Chief Financial Officer
Ms. Jennifer Yayoi Ishiguro
Partner, Chief Legal Officer & Secretary
Mr. Jose A. Fernandez J.D.
CO-Chief Operating Officer, Director & Partner
Mr. Thomas Keck
Partner, Head of Research and Portfolio Management & Director
Mr. Monte M. Brem J.D.
Co-Founder & Executive Chairman
Mr. Michael I. McCabe
Partner, Head of Strategy & Director