Abacus Global Management (ABX)
Builds life-settlement, asset-management, and actuarial-data services around longevity assets.
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Buys and manages life-settlement policies, runs longevity-based asset-management strategies, and sells mortality-verification and related technology services. Life Solutions remains the core engine, while acquisitions in fund management, free-cash-flow strategies, and insurance brokerage are expanding the platform toward fee-based channels.
Operates through Asset Management, Life Solutions, and Technology Services. Life Solutions buys, sells, trades, holds, and originates life-insurance policy settlements, while Asset Management serves institutional investors and private clients in longevity-based assets, fixed-income replacement strategies, and free-cash-flow investment solutions.
Adds distribution through AccuQuote insurance brokerage and wealth/advisory channels, with technology services covering mortality verification, missing-participant verification, and other life-insurance-market contracts. The footprint is concentrated in the U.S., while the Carlisle acquisition adds Luxembourg-based fund-management reach.
Execution centers on policy sourcing, actuarial data, servicing, and converting an origination-heavy model into more recurring fees. The business depends on life-settlement supply, regulated origination channels, mortality data, and demand for fee-bearing assets and technology contracts.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 13, 2026 | Piper Sandler | Reiterate | Rating: —Target: $10 | Target: $13 |
| May 8, 2026 | Piper Sandler | Reiterate | Rating: —Target: $9 | Target: $10 |
| Mar 13, 2026 | Piper Sandler | Downgrade | ||
| Dec 23, 2025 | UBS | Target | Target: — | Target: $11 |
| Oct 9, 2025 | Piper Sandler | Reiterate | Rating: —Target: $12 | Target: $9 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $23.4M · Total debt $344.3M · Total assets $867.7M · Shareholders' equity $439.7M
- Revenue
- $73.0M
- Operating income
- $21.5M
- Net income
- $6.6M
HistoryDividendAnnual yield
| Insiders | 48.79% | 46.80M shares | |
|---|---|---|---|
| 13 holders · as of Sep 22, 2026 | |||
| Other | 51.21% | 49.12M shares | |
| remainder | |||
95.92M company shares as of Sep 23, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Sean McNealyInsider10 percent owner | 13.15% | 12.62M | filed Sep 22, 2026 |
Kevin Scott KirbyInsider10 percent owner | 13.15% | 12.62M | filed Sep 22, 2026 |
Jay J. JacksonInsiderdirector, 10 percent owner, officer: Chief Executive Officer | 10.84% | 10.40M | filed Aug 14, 2026 |
Matthew GanovskyInsider10 percent owner | 9.04% | 8.67M | filed Sep 22, 2026 |
William Hugh JR McCauleyInsiderofficer: COO and CFO | 0.95% | 915,260 | filed Aug 21, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 21, 2026 | Matthew Ganovsky | 10 percent owner | −36,000 | $8.13 |
| Sep 18, 2026 | Matthew Ganovsky | 10 percent owner | −24,000 | $8.79 |
| Sep 22, 2026 | Matthew Ganovsky | 10 percent owner | −21,312 | $8.01 |
| Sep 22, 2026 | Kevin Scott Kirby | 10 percent owner | −21,100 | $8.01 |
| Sep 21, 2026 | Kevin Scott Kirby | 10 percent owner | −36,400 | $8.13 |
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CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Abacus Global Management | $8.02 | −0.12% | $769.3M | 28.1 | 7.1 | 2.9 | +29.9% |
| SelectQuote | $0.4499 | +0.02% | $80.0M | — | — | 0.0 | −6.8% |
| Apollo Global Management | $124.95 | +0.60% | $71.51B | 27.8 | 12.7 | 2.0 | +63.7% |
| Ares Management | $124.72 | −0.02% | $40.96B | 51.8 | 19.2 | 6.4 | +5.8% |
| KKR | $98.14 | −0.34% | $88.39B | 31.0 | 14.0 | 4.2 | −44.8% |
| Blackstone | $123.83 | −0.18% | $149.80B | 27.6 | 19.3 | 9.3 | +2.4% |
| MediaAlpha | $9.98 | 0.00% | $528.7M | 6.2 | 9.1 | 0.4 | +25.9% |
| EverQuote | $19.94 | +1.79% | $688.9M | 6.4 | 8.8 | 0.9 | +24.6% |
| TransUnion | $71.87 | −0.08% | $13.77B | 19.0 | 13.9 | 2.8 | +14.9% |
| Median | 27.6 | 13.9 | 2.4 | +10.4% |