Associated Capital Group, INC

Market Movers (8-K)

Associated Capital Group, Inc. announced its voluntary delisting from the NYSE and deregistration from the SEC, planning to move its Class A common stock to the OTCQX platform to reduce costs and redirect resources.
Associated Capital Group, Inc. announced excellent second quarter 2025 financial results, driven by strong merger arbitrage performance and increased assets under management.
Better than expected
Associated Capital Group, Inc. announced a preliminary second quarter book value range of $43.20 to $43.40 per share, indicating an increase from previous quarters.
Better than expected
Associated Capital Group, Inc. announced the successful election of its nine director nominees and the ratification of Deloitte & Touche LLP as its independent auditor at its 2024 Annual Meeting of Shareholders held on June 4, 2025.
Associated Capital Group's Q1 2025 results show an increase in AUM but a decrease in revenue compared to the previous year.
Worse than expected
Associated Capital Group reports a preliminary Q1 book value per share range of $42.42 to $42.62, compared to $42.14 at the end of the previous year.

Quarterly Earnings (10-Q)

Associated Capital Group, Inc. reported a significant increase in net income for the second quarter and first half of 2025, primarily driven by strong investment gains, despite a decline in advisory fees and higher operating expenses.
Better than expected
Associated Capital Group's Q1 2025 results show an increase in assets under management (AUM) but a decrease in net income compared to Q1 2024.
Worse than expected
Associated Capital Group saw a significant increase in net income for the third quarter of 2024, primarily driven by investment gains and a special dividend from GAMCO Investors, Inc.
Better than expected
Associated Capital Group's second quarter results show a decrease in assets under management and a slight decrease in net income per share compared to the same period last year.
Worse than expected
Associated Capital Group's first quarter 2024 net income decreased to $13.8 million, or $0.64 per diluted share, compared to $17.8 million, or $0.81 per diluted share, in the same period last year.
Worse than expected

Annual Reports (10-K)

Associated Capital Group's 2024 annual report reveals a rise in net income, primarily fueled by increased dividend income, despite a decrease in assets under management.
Better than expected
Associated Capital Group's full year 2023 results show a decrease in assets under management and a shift from a net loss in 2022 to a net income in 2023, driven by market recovery and higher interest income.
Better than expected

Insider Trading (Form 4)

A group including GAMCO Investors and Mario J. Gabelli reported the sale of 500 shares of Atlanta Braves Holdings Series A Common Stock at $48.2 per share.
GAMCO Investors and related entities reported a planned future sale of 500 shares of Atlanta Braves Holdings Series A Common Stock at $45.35 per share, with proceeds subject to disgorgement to the issuer.
Worse than expected
GAMCO Investors, Inc. and affiliated entities reported the sale of 2,200 shares of Tredegar Corp common stock in late September 2025, reducing their beneficial ownership.
GAMCO Investors and related entities reported planned sales of Atlanta Braves Holdings Series A Common Stock totaling 1,300 shares in late September 2025.
GAMCO Investors and affiliated entities reported the sale of 800 shares of Tredegar Corp. common stock at $8.0245 per share on September 24, 2025.
GAMCO Investors and affiliated entities reported the sale of 2,700 shares of Tredegar Corp. common stock at $8.1556 per share.

Proxy Statements (Def-14A)

Associated Capital Group will hold its Annual Meeting of Shareholders on June 4, 2025, to elect directors and ratify the appointment of its independent auditor.
Associated Capital Group will hold its annual shareholder meeting on June 4, 2024, to elect directors, ratify the appointment of auditors, and conduct an advisory vote on executive compensation.

Schedule 13G - Passive Investments

Horizon Kinetics Asset Management LLC has filed an amended Schedule 13G, confirming its beneficial ownership of 40.1% of Associated Capital Group, Inc.'s Class A Common Stock as of December 31, 2024.