- Activity pressure is positive on the latest completed week.
- Next-week expectancy is positive at 62.36% based on similar historical setup states.
STEP
NASDAQ
Week ended 18 Sep 2026
Weekly Investor Report
Stepstone Group Inc · Financial Services · Asset Management
Latest close
46.31 USD
-5.3%
latest week
Weekly setup
Weak trend
The weekly trend is not active. Price is -1.3% below the Trend Line and sits at 20.1% of its 52-week range. The latest completed week returned -5.3%, after a -6.8% four-week move. The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is neither clearly cheap nor expensive. Options positioning is mixed with 25/100 conviction, while the latest news-sentiment score is 52/100. Near-term considerations: earnings are due in 47d.
Setup score
41
out of 100
Latest Close
46.31 USD
18 Sep 2026
1W Return
-5.3%
latest completed week
4W Return
-6.8%
short-term follow-through
12W Return
17.1%
quarterly tape
Trend Breadth
40.4%
21 of 52 weeks active
Volume Ratio
1.2x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Price is below Fair Value, so the market is still discounting the latest tape.
- Activity pressure is weak, so confirmation is not yet broad enough.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
-5.3%
Latest completed week; four-week move -6.8%.
Indicator stack
22/100
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Positive 62.36%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
Options pressure
Mixed
25/100 conviction; expected move 7.4%.
News sentiment
52/100
17 relevant articles in the latest sentiment read.
Event risk
47d
Next report is scheduled for 05 Nov 2026; event risk rises as the date approaches.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is -1.3% below the Trend Line and sits at 20.1% of its 52-week range. The latest completed week returned -5.3%, after a -6.8% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.2x the 13-week average. Participation is around or above normal and provides reasonable confirmation.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
14 Aug
21 Aug
28 Aug
4 Sep
11 Sep
18 Sep
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.1412-week average 0.07
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure7/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.14Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is -6.8% over four weeks, 17.1% over 12 weeks, and -26.5% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year21
Trend breadth40.4%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure0.83Latest activity-pressure read.
Pressure change591.4%Four-week change in activity pressure.
Leadership-22.97Latest relative-leadership reading.
RS change-20.0%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality is middle-of-the-pack; growth is moderate; valuation is neither clearly cheap nor expensive.
Factor week 11 Sep 2026
Financial statements through 30 Jun 2026
Field coverage 79%
Model confidence 79%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength54/100Blend of value, momentum, and quality. Underlying universe rank 47; rank 1 is best.
Value51/100Relative valuation strength. Underlying universe rank 50; rank 1 is best.
Quality49/100Profitability and accounting quality. Underlying universe rank 52; rank 1 is best.
Momentum52/100Medium-term price momentum. Underlying universe rank 49; rank 1 is best.
Growth51/100Revenue and earnings growth. Underlying universe rank 50; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- - Price divided by trailing earnings.
- Price / sales
- 2.0x Market value relative to trailing revenue.
- EV / EBITDA
- - Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- -6.1% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 60.9% Gross profit retained from each unit of revenue.
- Operating margin
- -58.2% Operating profit retained from revenue.
- Free-cash-flow margin
- -21.9% Free cash flow generated from revenue.
- Return on invested capital
- -105.9% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 48.5% Latest one-year revenue growth.
- EPS growth
- - Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- -892.8% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 5/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 3.5% Cash dividends relative to market value.
- Buyback yield
- 0.0% Net share repurchases relative to market value.
- Shareholder yield
- 3.5% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- -1.2x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Options positioningMixed
STEP shows mixed options pressure with a 25/100 conviction score, put-call volume ratio of n/a, expected move of 7.4%, and Sharemaestro trend signal inactive.
Conviction25/100
Expected move7.4%
Put/call volume
Insider activity8 / 9
8 acquisitions and 9 disposals in the latest 180-day insider tape.
Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.News sentiment52/100
Weighted news tone is neutral across 17 relevant articles.
6 positive · 8 neutral · 3 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings47dNext report is scheduled for 05 Nov 2026; event risk rises as the date approaches.
Options expected move7.4%Nearest-chain priced movement where available.
52-week drawdown-39.0%Distance below the 52-week high.
13-week volatility5.3%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
27 Mar
24 Apr
22 May
19 Jun
17 Jul
14 Aug
18 Sep
Weeks higher14 of 2612 weeks finished lower.
Best week+19.7%Week of 17 Apr.
Worst week-12.5%Week of 26 Jun.
Latest week-5.3%Week of 18 Sep.
Shape of recent returns
Strong gains6
Modest gains8
Flat weeks0
Modest losses7
Sharp losses5
Recent vol5.3%13-week weekly-return volatility.
Base vol6.0%52-week weekly-return volatility.
Up/down split27/25Count of positive and negative weeks in the 52-week window.
Average skew4.0% / -5.2%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorUS Financial Services
4-week rank- / 100
Group average-2.3%
Trend breadth81.0%
Trend81.0%active weekly trend signals
MD65.0%positive activity pressure
RS41.0%positive relative leadership
Four-week leaders
IndustryUS Asset Management
4-week rank74 / 100
Group average-1.8%
Trend breadth64.0%
Trend64.0%active weekly trend signals
MD62.0%positive activity pressure
RS22.0%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape40/100
Trend, activity pressure, participation, and risk combine to a 40/100 tape read.
Indicator analysis23/100Latest 12-week confirmation: trend 0/12, activity pressure 7/12, relative leadership 0/12.
Activity pressure 0.14; No reversal markers Next-Week ExpectancyPositive 62.36%Next-week expectancy is positive with a 62.36% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors51/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 44; Small Cap Core rank 53 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Options43/100STEP shows mixed options pressure with a 25/100 conviction score, put-call volume ratio of n/a, expected move of 7.4%, and Sharemaestro trend signal inactive.
Mixed · Options-market disagreement · Expected move 7.4% Sentiment52/100Weighted news tone is neutral across 17 relevant articles.
Stepstone Private Venture and Growth Fund Announces September Distribution Insiders8 / 98 acquisitions and 9 disposals in the latest 180-day insider tape.
Earnings47dNext report is scheduled for 05 Nov 2026; event risk rises as the date approaches.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 18 Sep 2026 | 46.31 USD | -5.3% | 46.91 USD | 48.43 USD | 0.83 | -22.97 | 8.0M | Off |
| 11 Sep 2026 | 48.92 USD | -3.9% | 47.00 USD | 48.32 USD | 0.72 | -18.66 | 3.7M | Off |
| 4 Sep 2026 | 50.92 USD | 1.8% | 47.21 USD | 48.19 USD | 0.62 | -16.48 | 5.1M | Off |
| 28 Aug 2026 | 50.00 USD | 0.7% | 47.55 USD | 48.05 USD | 0.43 | -18.29 | 3.8M | Off |
| 21 Aug 2026 | 49.68 USD | -0.8% | 48.18 USD | 47.91 USD | 0.12 | -19.14 | 4.7M | Off |
| 14 Aug 2026 | 50.08 USD | 8.6% | 48.90 USD | 47.77 USD | -0.17 | -21.07 | 6.2M | Off |
| 7 Aug 2026 | 46.12 USD | 5.8% | 49.72 USD | 47.62 USD | -0.34 | -27.07 | 12.5M | Off |
| 31 Jul 2026 | 43.58 USD | 2.3% | 50.53 USD | 47.50 USD | -0.47 | -28.12 | 4.7M | Off |
| 24 Jul 2026 | 42.61 USD | -2.2% | 51.24 USD | 47.39 USD | -0.29 | -29.90 | 6.4M | Off |
| 17 Jul 2026 | 43.55 USD | 1.4% | 51.98 USD | 47.28 USD | -0.12 | -30.16 | 5.4M | Off |
| 10 Jul 2026 | 42.96 USD | 4.4% | 52.59 USD | 47.17 USD | 0.07 | -34.62 | 6.3M | Off |
| 3 Jul 2026 | 41.13 USD | 4.0% | 53.26 USD | 47.04 USD | 0.15 | -36.88 | 9.6M | Off |
| 26 Jun 2026 | 39.54 USD | -12.5% | 53.93 USD | 46.92 USD | 0.28 | -39.33 | 9.2M | Off |
| 19 Jun 2026 | 45.20 USD | 3.6% | 54.67 USD | 46.81 USD | 0.39 | -34.36 | 7.8M | Off |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.