Private company

Pzena Investment Management, Inc.

Pzena Investment Management, Inc. is an American investment advice company, incorporated in Delaware.1 It is headquartered in New York, New York.1

Last updated Oct 20, 2026.

Overview

$199.3MRevenue, fiscal 20212
$18.7MNet income, fiscal 20212
  • IndustryInvestment Advice1
  • HeadquartersNew York, New York1
  • Incorporated inDE3
  • Business address320 Park Avenue, 8Th Floor, New York, Ny 100223
  • Filer categoryAccelerated filer, Smaller reporting company3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

53.1%Operating margin2
9.4%Net margin2
43.8%Revenue growth, 20212
43.9%Return on equity2
$76.3MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Other costs87¢$172.9M
  • Interest0¢$2.0K
  • Income tax4¢$7.8M
  • Profit9¢$18.7M

Out of $199.3M in revenue.2

Where each dollar of operating cash went, fiscal 2021

  • Capital spending1¢$491.0K
  • Dividends paid8¢$5.9M
  • Share buybacks11¢$8.7M
  • Kept or used elsewhere80¢$61.8M

Out of $76.8M of cash from operations.2

Financial statements

Revenue45672$199.3M in 2021+77% since 2014
0$50.0M$100.0M$150.0M$200.0M2014: $112.5M$112.5M20142015: $116.6M$116.6M2015+4%2016: $108.3M$108.3M2016−7%2017: $141.3M$141.3M2017+30%2018: $153.6M$153.6M2018+9%2019: $150.7M$150.7M2019−2%2020: $138.6M$138.6M2020−8%2021: $199.3M$199.3M2021+44%
Operating income458672$105.9M in 2021+74% since 2014
0$50.0M$100.0M$150.0M2014: $61.0M$61.0M20142015: $55.4M$55.4M2015−9%2016: $47.2M$47.2M2016−15%2017: $69.1M$69.1M2017+46%2018: $78.8M$78.8M2018+14%2019: $45.7M$45.7M2019−42%2020: $55.3M$55.3M2020+21%2021: $105.9M$105.9M2021+92%
Net income458672$18.7M in 2021+131% since 2014
0$5.0M$10.0M$15.0M$20.0M2014: $8.1M$8.1M20142015: $7.7M$7.7M2015−5%2016: $16.2M$16.2M2016+111%2017: $6.9M$6.9M2017−57%2018: $13.8M$13.8M2018+100%2019: $8.5M$8.5M2019−39%2020: $8.9M$8.9M2020+5%2021: $18.7M$18.7M2021+110%
Fiscal year20142015201620172018201920202021
Revenue$112.5M4$116.6M5$108.3M5$141.3M5$153.6M6$150.7M7$138.6M2$199.3M2
Operating expenses$93.5M2
Operating income$61.0M4$55.4M5$47.2M5$69.1M8$78.8M6$45.7M7$55.3M2$105.9M2
Interest$8.0K4$21.0K5$24.0K5$29.0K8$77.0K6$48.0K7$16.0K2$2.0K2
Income before tax$114.3M2
Income tax$1.9M4$5.1M5-$54.5M5$34.5M8$7.8M6$5.8M7$4.3M2$7.8M2
Net income$8.1M4$7.7M5$16.2M5$6.9M8$13.8M6$8.5M7$8.9M2$18.7M2
Earnings per share$0.644$0.555$1.015$0.408$0.786$0.477$0.522$1.072
Earnings per share (diluted)$0.534$0.505$0.585$0.408$0.776$0.467$0.522$1.002
Shares (weighted, basic)17.4M shares2
Shares (weighted, diluted)84.0M shares2

Compare Pzena Investment Management, Inc. with another company

Corporate structure

Pzena Investment Management, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Pzena Investment Management, Inc.

  • PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Filed SC 13G/A on Pzena Investment Management, Inc., latest Feb 13, 2023 (3 filings since Feb 14, 2022)
  • GAMCO Investors Filed SC 13D/A on Pzena Investment Management, Inc., latest Oct 28, 2022 (3 filings since Aug 8, 2022)
  • DEPRINCE RACE & ZOLLO INC Filed SC 13G/A on Pzena Investment Management, Inc., latest Feb 14, 2022 (4 filings since Feb 14, 2022)
  • RENAISSANCE TECHNOLOGIES LLC Filed SC 13G/A on Pzena Investment Management, Inc., latest Feb 11, 2022
  • Pzena Investment Management, Inc. New York, New York

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Pzena Investment Management, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$10.8M2 Dec 31, 2021$10.4M2 Dec 31, 2020+4.0%
Accumulated depreciation$7.1M2 Dec 31, 2021$6.0M2 Dec 31, 2020+18.5%
Property and equipment, net$3.7M2 Dec 31, 2021$4.4M2 Dec 31, 2020−15.7%
Operating-lease assets (leased space)$10.0M2 Dec 31, 2021$11.6M2 Dec 31, 2020−13.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$81.1M2 Dec 31, 2021$65.5M2 Dec 31, 2020+23.8%
Equity securities at fair value$237.0K2 Dec 31, 2021$714.0K2 Dec 31, 2020−66.8%
Stakes in other companies (equity method)$5.3M2 Dec 31, 2021$8.1M2 Dec 31, 2020−34.3%

Leadership

Who has led Pzena Investment Management, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Richard Stanton Pzena2007–2022

Chair

  1. Richard Stanton Pzena2007–2022

President

  1. A. Rama Krishna2007–2013

Chief financial officer

  1. Wayne Palladino2007–2009
  2. Gregory S. Martin2009–2013
  3. Gary J. Bachman2012–2016
  4. Jessica R. Doran2016–2022

Chief operating officer

  1. Gary J. Bachman2017–2019
  2. Evan K. Fire2020–2022
2010201520202025
Board members and other officers (12)

Timeline

  1. Oct 31, 20228-K Entered a material agreement; Completed an acquisition or sale; Listing notice or transfer33
  2. Oct 28, 20228-K Shareholder vote; Other events34
  3. Oct 20, 20228-K Results of operations35
  4. Oct 20, 20228-K Other events36
  5. Oct 11, 20228-K Other events37
  6. Oct 7, 20228-K Other events38
  7. Sep 8, 20228-K Other events39
  8. Aug 8, 20228-K Other events40
  9. Jul 28, 20228-K Entered a material agreement41
  10. Jul 26, 20228-K Results of operations; Other events42
  11. Jul 8, 20228-K Other events43
  12. Jun 7, 20228-K Other events44
  13. Oct 24, 2007New chief executive Richard Stanton Pzena becomes CEO13

Calendar

When it reported results

  1. Oct 20, 2022Reported quarterly or annual results35
  2. Jul 26, 2022Reported quarterly or annual results42
  3. Apr 19, 2022Reported quarterly or annual results45
  4. Feb 1, 2022Reported quarterly or annual results46
  5. Oct 19, 2021Reported quarterly or annual results47

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

104 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 26 major events, 32 insider forms, 11 large holders, 30 other. The latest 20:

  1. Feb 13, 2023SC 13G/A EDGAR
  2. Nov 10, 202215-12G EDGAR
  3. Nov 4, 202210-Q EDGAR
  4. Nov 2, 20224 EDGAR
  5. Nov 2, 20224 EDGAR
  6. Nov 2, 20224 EDGAR
  7. Nov 2, 20224 EDGAR
  8. Nov 2, 20224 EDGAR
  9. Nov 2, 20224 EDGAR
  10. Nov 2, 20224 EDGAR
  11. Nov 2, 20224 EDGAR
  12. Nov 2, 20224 EDGAR
  13. Nov 2, 20224 EDGAR
  14. Nov 2, 20224 EDGAR
  15. Nov 1, 2022EFFECT EDGAR
  16. Nov 1, 2022EFFECT EDGAR
  17. Oct 31, 2022S-8 POS EDGAR
  18. Oct 31, 2022S-8 POS EDGAR
  19. Oct 31, 2022S-8 POS EDGAR
  20. Oct 31, 2022S-8 POS EDGAR

The 104 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

12 open-market trades by officers, directors and large owners since October 2021: 1 buys and 11 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 29, 2022Pzena Richard StantonChairman, CEO and Co-CIOBuy779,586$5.45$4.2MForm 4
Mar 29, 2022Pzena Richard StantonChairman, CEO and Co-CIOSale779,586$5.45$4.2MForm 4
Jan 11, 2022Cai Chenyu CarolineExecutive Vice PresidentSale328$9.75$3.2KForm 4
Jan 10, 2022Cai Chenyu CarolineExecutive Vice PresidentSale5,715$9.85$56.3KForm 4
Jan 4, 2022Cai Chenyu CarolineExecutive Vice PresidentSale500$9.76$4.9KForm 4
Dec 30, 2021Cai Chenyu CarolineExecutive Vice PresidentSale2,900$9.79$28.4KForm 4
Dec 29, 2021Cai Chenyu CarolineExecutive Vice PresidentSale1,200$9.75$11.7KForm 4
Dec 28, 2021Cai Chenyu CarolineExecutive Vice PresidentSale1,555$9.78$15.2KForm 4
Dec 27, 2021Cai Chenyu CarolineExecutive Vice PresidentSale2,802$9.77$27.4KForm 4
Dec 23, 2021Cai Chenyu CarolineExecutive Vice PresidentSale6,296$9.57$60.3KForm 4
Dec 22, 2021Cai Chenyu CarolineExecutive Vice PresidentSale2,391$9.59$22.9KForm 4
Dec 21, 2021Cai Chenyu CarolineExecutive Vice PresidentSale26,313$9.37$246.5KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Pzena Investment Management, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPzena Investment Management, Inc.1
  • CIK0001399249
  • Employer ID (EIN)20-89997511
  • Filer statusAccelerated filer<br>smaller reporting company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6282 Investment Advice1
  • Business address320 Park Avenue, 8Th Floor, New York, NY 100221
  • Phone212-355-16001
  • Public float$191.7M as of Jun 30, 20212
  • On EDGAR sinceJun 11, 20071
  • Filings822 in all: 8-K (280), 4 (199), SC 13G/A (62), 10-Q (46), SC 13G (34), 3 (21), UPLOAD (21), CORRESP (17)1
    All 41 form types

    10-K (15), 5 (15), DEF 14A (15), DEFA14A (10), 424B7 (9), EFFECT (9), ARS (7), S-3/A (7), S-3 (6), 4/A (5), S-1/A (5), 8-K/A (4), S-8 (4), S-8 POS (4), SC 13E3/A (4), SC 13D (3), 3/A (2), POS AM (2), PRER14A (2), 144 (1), 15-12G (1), 25-NSE (1), 424B3 (1), 424B4 (1), 8-A12B (1), CERTNYS (1), DEFM14A (1), FWP (1), PRE 14A (1), PREM14A (1), S-1 (1), SC 13D/A (1), SC 13E3 (1)

  • Latest filingsAnnual report (10-K) Mar 9, 2022
    Quarterly report (10-Q) Nov 4, 2022
    Proxy statement (DEF 14A) Apr 4, 2022
    Latest 8-K (8-K) Oct 31, 2022

Sources

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