CWGL
Crimson Wine Group, Ltd.Consumer Defensive·Beverages - Wineries & Distilleries
$4.48
$92M market cap
Revenue
$38.6M
Free Cash Flow
$-1.5M
Rev Growth
+0.0%
FCF Margin
-3.9%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Crimson Wine Group, Ltd., through its subsidiaries, engages in the production and sale of wines. It operates through two segments, Wholesale and Direct to Consumer. The company sells wines through independent wine and spirit distributors in the United States; and independent importers and brokers internationally. It sells its products under the Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery, and Malene Wines brand names. The
2-Year Price History
$4.08-29.3%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 18.3 | 1.3 | -0.6 | -0.6 | 2.4 | 1.8 | -0.5 | 14.3 | 44.1 | 20.6 | -1.5% | 2.9x | -- |
| Act | 2025-Q4 | 20.3 | 3.7 | 1.8 | 0.7 | -1.7 | -3.3 | -1.6 | 20.6 | 15.4 | 20.6 | 7.6% | 16.4x | -- |
Valuation & Metrics
Market Stats
Price$4.48
Market Cap$92M
Enterprise Value$122M
P/S Ratio2.4x
P/FCF--
EV/FCF--
FCF Margin (TTM)-3.9%
FCF Yield-1.6%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$38.6M
Net Income$0.1M
Free Cash Flow$-1.5M
Revenue Growth (YoY)+0.0%
EBITDA Margin13.0%
Net Margin0.3%
FCF Margin-3.9%
CapEx % of Revenue5.5%
SBC % of Revenue0.1%
ROIC3.1%
WC Change % Rev-67.1%
Interest Coverage7.3x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.0M
Days to Cover1.0
Change (vs Prior)-36.7%
Need at least 2 settlement dates for chart
Employees
Headcount164
Revenue / Employee$235,189
Gross Profit / Employee$106,512
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
18.9%(-5.4% YoY)
4 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
0 filers
Vanguard, iShares, SPDR
Market makers
0.0%(+0.0% YoY)
0 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Elgethun Capital Management | $7.8M | $5.64 | +$456K | +$1.2M | +0.0% | $604M |
| BECK MACK & OLIVER LLC | $6.7M | $6.14 | −$37K | −$894K | -0.4% | $4.85B |
| LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE | $1.1M | $6.17 | −$60K | −$136K | -0.0% | $343M |
| MassMutual Private Wealth & Trust, FSB | $0 | $7.14 | +$0 | +$0 | -0.1% | $3.67B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.28%
avg per quarter
Holders (ex-self)
-0.16%
excl. this stock
Buyers (this Q)
+0.00%
0 buyers · $0.00B in
Sellers (this Q)
-0.32%
2 sellers · $0.00B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+2.4%
how holders react when this stock falls
On quiet Qs
-0.3%
−10% to +10% baseline
On rallies (+10%+)
-1.4%
how they react when this stock rises
Holders' portfolio flow this Q
+3.7%
inflows — adds are organic
Sellers' portfolio flow this Q
-1.5%
Sellers shed AUM broadly — partly forced.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
+0.5%
Holder mid (any stock)
-0.6%
Holder rally (any stock)
-1.4%
Biggest decreases this quarter
Top-5 holders · 100.0%
Elgethun Capital Management--
BECK MACK & OLIVER LLC--
LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE--
MassMutual Private Wealth & Trust, FSB--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
BECK MACK & OLIVER LLC1.5MPRICE MICHAEL F—Elgethun Capital Management1.8MPrice Jennifer C.—LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE254KSTALEY CAPITAL ADVISERS INC—Steward Partners Investment Advisory, LLC—Hara Capital LLC—Tradition Wealth Management, LLC—CAPTRUST FINANCIAL ADVISORS—
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$11K
3 txns · 2 insiders · 2,400 sh
Sells ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Major holders (≥10% beneficial owners)
Buys ($, 12mo)
$1.05M
2 txns · 2 insiders · 212,616 sh
Sells ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-05-21 | BUY | Quille Nicolas Michel Eric | officer: Chief Winemaking & COO | 1,000 | $4.03 | $4K | $14K |
| 2025-11-20 | BUY | Cumming John D. | director, 10 percent owner: | 106,308 | $4.96 | $527K | $6.04M |
| 2025-11-20 | BUY | STEINBERG JOSEPH S | director, 10 percent owner: | 106,308 | $4.96 | $527K | $6.27M |
| 2025-11-19 | BUY | Rollins Colby A. | director | 900 | $4.86 | $4K | $9K |
| 2025-11-14 | BUY | Quille Nicolas Michel Eric | officer: Chief Winemaking & COO | 500 | $5.00 | $3K | $13K |
Order Flow (FINRA, ~3w lag)
98.5%retail+4.8pp
1.1%dark-3.4pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.