Friedman Industries (FRD)

• Market cap: $107M
• 1 day: -1.86%
• 5 days: -0.52%
• 1 month: -8.93%
• 3 months: -11.25%
• 6 months: 5.59%
• Year to date: 2.68%
• 1 year: -16.67%
• 5 years: 190.87%
• 10 years: 136.84%
• Sector: Materials
• Industry: Steel Works, Blast Furnaces & Rolling & Finishing Mills

About: Friedman Industries Inc is engaged in the manufacturing and processing of steel products. The company's operating segments include flat-roll products and Tubular Products. It generates maximum revenue from the flat-roll products segment. The company's products and services include Temper Pass, Cut-To-Length, Whole Coils, Toll Processing, Electric Resistance Welded Pipe (ERW), New Mill Secondary, and Pipe Finishing Services.

Employees: 268

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

20% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 10

8% more funds holding

Funds holding: 37 [Q3] → 40 (+3) [Q4]

3.65% more ownership

Funds ownership: 42.23% [Q3] → 45.88% (+3.65%) [Q4]

4% more capital invested

Capital invested by funds: $47M [Q3] → $49M (+$1.91M) [Q4]