Amesite
AMST on Nasdaq. Market value $6m.
Should I look at this?
Look carefully before going further
Why it could be worth it
Nothing stands out yet.
What to watch out for
Read the warning sign in its own filings
This is not advice.
Who owns it
None of the long-term investors we follow own it. 13 funds in all.
Largest holders overall
- Focus Partners Wealth$222,610
- Goldman Sachs Group$79,033New
- Geode Capital Management$43,467Cut
- State Street$42,021
- Vanguard Capital Management$40,167
- Warberg Asset Management$19,002New
- Vanguard Fiduciary Trust$18,302
- Jane Street Group$16,970New
- Renaissance Technologies$13,433New
- Osaic Holdings$13,300
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
1 investor owns more than 5%.
- Mitchell P. KopinPassive investorat least 5.0%(filed with 2 related holders)Since 27 April 2026
| Holder | Stake | Since | |
|---|---|---|---|
Mitchell P. Kopin Passive investor | at least 5.0% (filed with 2 related holders) | 27 April 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 2 insiders bought $602,090 of shares on the open market.
- Sastry Ann MarieCHIEF EXECUTIVE OFFICER, DirectorBought
- Date
- 28 April 2026
- Shares
- 174,216
- Price
- $1.44
- Value
- $250,871
- Parmer GeorgeDirectorBought
- Date
- 28 April 2026
- Shares
- 243,902
- Price
- $1.44
- Value
- $351,219
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 28 April 2026 | Sastry Ann Marie CHIEF EXECUTIVE OFFICER, Director | Bought | 174,216 | $1.44 | $250,871 |
| 28 April 2026 | Parmer George Director | Bought | 243,902 | $1.44 | $351,219 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
1 serious warning sign in Amesite’s filings.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 23 Sep 2026, and no later 8-Ks.
Doubt it can keep going
SeriousThe company or its auditor warned it may not have enough money to last the next year.
“The Company has considered both quantitative and qualitative factors that are known or reasonably known as of the date of these financial statements are issued and concluded that there are conditions present in the aggregate that raise substantial doubt about the Company’s ability to continue as a going concern.”
Show the full paragraph
Based on their current forecast, management believes that it may not have sufficient cash and cash equivalents to maintain the Company’s planned operations for the next twelve months following the issuance of these financial statements. The Company has considered both quantitative and qualitative factors that are known or reasonably known as of the date of these financial statements are issued and concluded that there are conditions present in the aggregate that raise substantial doubt about the Company’s ability to continue as a going concern.
From the 10-K filed 23 September 2026, Item 1A. Risk Factors. Read it in the filing
Changed auditor
Worth knowingThe company changed its auditor (the firm that checks its books) in the last two years.
“On June 24, 2025, Amesite Inc. (the “Company”) dismissed Turner, Stone & Company, L.L.P. (“Turner Stone”) as the Company’s independent registered public accounting firm.”
From an 8-K filed 26 June 2025: Change of auditor. Read it in the filing
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.