Ambac Financial Group Inc

AMBC.US
Financial Services · Insurance - Specialty
Price N/A
USD · NYSE

Company Information

Company Name
Ambac Financial Group Inc
Sector
Financial Services
Industry
Insurance - Specialty
Exchange
NYSE
ISIN: US0231398845
CIK: 0000874501
CUSIP: 023139884
Currency: USD
Full Time Employees: 380
Phone: 212 658 7470
Fiscal Year End: December
IPO Date: Jul 11, 1991
Description:

Octave Specialty Group, Inc. operates as a financial services holding company. It operates in two segments, Specialty Property and Casualty Insurance; and Insurance Distribution. The Specialty Property and Casualty Insurance segment provides specialty property and casualty program insurance with a focus on commercial and personal liability risks. The Insurance Distribution segment offers specialty property and casualty insurance distribution services, which include managing general agents, underwriters, insurance broker, and other distribution and underwriting businesses. The company was formerly known as Ambac Financial Group, Inc. and changed its name to Octave Specialty Group, Inc. in November 2025. The company was founded in 1971 and is headquartered in New York, New York.

Address:

One World Trade Center, New York, NY, United States, 10007

People

Directors & Officers

Name Title Year Born
Mr. David Trick Executive VP, CFO & Treasurer 1971
Ms. Rhonta Sharon Smith Executive VP & Group COO 1971
Mr. Stephen Michael Ksenak Chief Legal Officer 1966
Cristina Ahn Chief Accounting Officer NA
Ms. Karen L. Beyer MD & Head of Investor Relations NA
Kate Smith Director of Corporate Communications NA
Mr. Daniel Matthew McGinnis C.P.C.U. Senior Managing Director 1972
Lawrence Metz Senior Managing Director & General Counsel NA
Mr. William Joseph White First VP, Assistant General Counsel & Corporate Secretary NA
Mr. Naveen Anand President of Cirrata Group 1967

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Oct 01, 2025 Claude Leblanc N/A Purchase 25.00K $8.54 $213.50K
Aug 11, 2025 Claude Leblanc N/A Purchase 25.00K $7.03 $175.75K
May 14, 2025 Jeffrey Scott Stein N/A Purchase 15.00K $6.46 $96.90K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 4.59M Jun 30, 2025 9.89% $0.00 -6.26%
Vanguard Group Inc 2.57M Jun 30, 2025 5.54% $0.00 -3.47%
Dimensional Fund Advisors, Inc. 2.40M Jun 30, 2025 5.16% $0.00 -6.30%
FMR Inc 1.53M Jun 30, 2025 3.30% $0.00 -0.20%
Gendell Jeffrey L 1.20M Jun 30, 2025 2.58% $0.23 98.98%
Geode Capital Management, LLC 1.12M Jun 30, 2025 2.42% $0.00 2.53%
Citadel Advisors Llc 1.12M Jun 30, 2025 2.41% $0.00 1.45%
Bain Capital Credit 1.11M Jun 30, 2025 2.39% $2.86 0.00%
Millennium Management LLC 996.04K Jun 30, 2025 2.15% $0.00 95.81%
State Street Corp 958.86K Jun 30, 2025 2.07% $0.00 -7.11%
Susquehanna International Group, LLP 940.58K Jun 30, 2025 2.03% $0.00 -20.33%
Prescott Group Capital Management LLC 875.98K Jun 30, 2025 1.89% $0.73 98.02%
Hotchkis & Wiley Capital Management LLC 793.50K Jun 30, 2025 1.71% $0.02 42.29%
Repertoire Partners LP 721.19K Jun 30, 2025 1.55% $3.59 -38.56%
Wolf Hill Capital Management, LP 693.44K Jun 30, 2025 1.49% $0.37 0.00%
Marshall Wace Asset Management Ltd 648.16K Jun 30, 2025 1.40% $0.01 215.55%
Deutsche Bank AG 645.36K Jun 30, 2025 1.39% $0.00 -10.77%
Third Avenue Management LLC 603.39K Jun 30, 2025 1.30% $0.88 64.65%
Bracebridge Capital, LLC 579.23K Jun 30, 2025 1.25% $0.22 0.00%
Jane Street Group LLC 512.44K Jun 30, 2025 1.10% $0.00 -29.23%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Fidelity Value 1.42M 3.07% ▲ 0.00% Jul 31, 2025
2 Vanguard Total Stock Mkt Idx Inv 1.39M 2.99% ▼ 2.17% Jul 31, 2025
3 iShares Russell 2000 ETF 1.16M 2.50% ▲ 0.00% Aug 31, 2025
4 BlackRock Global Equity Mkt Netrl Instl 911.85K 1.97% ▲ 141.89% Jul 31, 2025
5 CREF Stock R3 736.72K 1.59% ▲ 109.99% Jul 31, 2025
6 Third Avenue Small Cap Value Instl 602.02K 1.30% ▲ 64.28% Jun 30, 2025
7 Third Avenue Small Cap Value Composite 602.02K 1.30% ▲ 64.28% Jun 30, 2025
8 Vanguard Institutional Extnd Mkt Idx Tr 495.60K 1.07% ▼ 29.17% Jul 31, 2025
9 Fidelity Small Cap Index 473.80K 1.02% ▲ 3.26% Jun 30, 2025
10 DFA US Small Cap Value I 437.41K 0.94% ▼ 15.11% Jul 31, 2025

Financial Highlights

Market Cap: $419.01M
EBITDA: $-13.47M
PEG Ratio: $0.90
Book Value: $18.06
Earnings/Share: $-0.98
Profit Margin: 0.00%
Operating Margin: -25.21%
ROA (TTM): -0.57%
ROE (TTM): -5.76%
Revenue (TTM): $254.48M
Revenue/Share (TTM): $5.31
Earnings Growth (YOY): -81.00%
Revenue Growth (YOY): -4.90%

Valuation Metrics

Enterprise Value: $311.43M
Trailing P/E: 0.00
Forward P/E: 12.42

Shares Statistics

Shares Outstanding: 43.81M
Shares Float: 38.25M
% Insiders: 1,009.20%
% Institutions: 8,966.20%
Short % Float: 6.32%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$235.82M
Cost of Goods Sold
adjust
$-137.17M
Gross Profit
subtotal
$98.65M
SG&A
adjust
$-129.17M
Other Operating Expense
adjust
$-29.33M
Operating Income
subtotal
$-59.85M
Other / Non-Operating Items
adjust
$-496.60M
Net Income
subtotal
$-556.45M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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