Frank Porter Stansberry, who serves as a director and holds a 10% ownership stake in Marketwise, Inc. (NASDAQ: MKTW), completed a series of insider purchases totaling 40,373 shares of the company's Class A Common Stock on March 19 and March 20, 2026. The transactions were recorded as "P" transactions.
On March 19, Stansberry acquired 23,103 shares at an average price of $14.28 per share, with the trade range reported between $13.79 and $14.74. The following day, March 20, he added two blocks: 10,000 shares at $14.78, transacted in a range from $14.63 to $14.92, and 7,270 shares at $15.76, in a range from $15.02 to $16.00. The cumulative cash outlay for these purchases was $592,286.
After these purchases, Stansberry's direct holdings in Marketwise stand at 250,381 shares. The company currently offers a dividend yield of 11.7%.
Marketwise's valuation at the time of the transactions was notable: the stock was trading at a price-to-earnings ratio of 6.44. According to InvestingPro analysis cited in company notes, MKTW appears undervalued and is listed among stocks on the Most Undervalued list. InvestingPro subscribers are noted to have access to eight additional tips regarding MKTW's financial position and growth prospects.
Recent financial results
Marketwise reported fourth-quarter 2025 results that included adjusted earnings per share of $0.76 and revenue of $83.4 million. The company exceeded its full-year 2025 guidance for billings and for cash flow from operating activities. Fourth-quarter billings rose 42% year-over-year to $78.9 million, while reported revenue for the quarter declined 14.4% compared with the same quarter in the prior year.
Key takeaways
- Insider buying: A director and 10% owner, Frank Porter Stansberry, purchased 40,373 shares across March 19-20, 2026 in transactions labeled "P".
- Valuation and yield: MKTW was trading at a P/E of 6.44 and carries an 11.7% dividend yield at the time of the purchases; InvestingPro places the name on a Most Undervalued list and notes eight additional subscriber tips on the stock.
- Mixed financials: Marketwise posted adjusted EPS of $0.76 and $83.4 million in revenue for Q4 2025, with billings up 42% year-over-year to $78.9 million, but revenue down 14.4% year-over-year.
Risks and uncertainties
- Revenue compression: The company reported a 14.4% decline in revenue in Q4 2025 compared with the prior-year quarter, which represents a material headwind to topline stability.
- Concentration of ownership: The buyer is a director and 10% owner; changes in holdings by large insiders can influence perceptions of control and concentration, even as they may signal conviction.
- Mixed metrics: While billings rose 42% year-over-year and full-year guidance for billings and cash flow from operations was exceeded, the divergence between billings growth and reported revenue decline creates an earnings and cash recognition dynamic that investors must reconcile.
This report presents the transactions and the company results as recorded in filings and company disclosures for the periods and figures stated above.