FLIR Flir Systems
FLIR Systems is the world's largest commercial company specializing in the design and production of thermal imaging cameras, components and imaging sensors. Based in Wilsonville, Oregon, United States and founded in 1978, the company makes thermal cameras and components for a wide variety of commercial and government applications. FLIR is a component of the S&P 500 index with annual revenues in excess of $1.5 billion annually as of 2014. In the spring of 2013, Andrew C. Teich became FLIR's chief executive officer and president after the retirement of Earl Lewis. FLIR employs 2,741 people worldwide. FLIR took its name from the acronym for forward-looking Infrared. The company began in 1978 with airborne IR systems, and developed from 1978 to 2004 through product development and acquisitions of related companies. Originally based in Tigard, Oregon, the company relocated to Portland in the mid-1990s. FLIR teamed up with Hughes Aircraft Company in 1990, with Hughes taking part ownership of FLIR.
Company profile
Ticker
FLIR
Exchange
Website
CEO
James J. Cannon
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Northrop Grumman • Raytheon • L3Harris • Garmin • Teledyne • Telenav • MIND Technology • Applied Energetics • PASSUR Aerospace • Coda Octopus ...
SEC CIK
Corporate docs
IRS number
930708501
FLIR stock data
()
News
Cathie Wood's ARK Invest Posts Fund Sales For Friday, Feb. 26, 2021: TWST, TMO, RHHBY, GOOGL, CDNA, TSM, SNPS, SNAP, ICE, NVS, PINS, REGN, ROKU, FLIR, AMZN, AAPL, FB, CRM, BABA, TCEHY
26 Feb 21
Cathie Wood's ARK Invest Posts Fund Sales For Thursday, Feb. 25, 2021: LSPD, SCHW, GWRE, TCEHY, AMZN, TWST, CDNA, PINS, TSM, SNAP, SE, ROKU, REGN, NVS, GOOG, XLNX, ADSK, SNPS, ROK, FLIR, CRM, AAPL, BABA
25 Feb 21
Cathie Wood's ARK Invest Posts Fund Sales For Wednesday, Feb. 24, 2021: VRSK, TCEHY, LSPD, TWST, HIMS, CDNA, SNAP, FLIR, DE, CAT
25 Feb 21
FLIR Systems Q4 Adj. EPS $0.78 Beats $0.62 Estimate, Sales $524.30M Beat $491.90M Estimate
25 Feb 21
Earnings Scheduled For February 25, 2021
25 Feb 21
Press releases
INVESTIGATION ALERT: Halper Sadeh LLP Investigates the Following Companies on Behalf of Shareholders - CUB, COHR, CMD, FLIR, BPFH, AJRD
25 Feb 21
FLIR Systems Announces Fourth Quarter and Full Year 2020 Financial Results
25 Feb 21
SHAREHOLDER ALERT: WeissLaw LLP Reminds MGLN, SMTX, FLIR, and TCF Shareholders About Its Ongoing Investigations
23 Feb 21
FLIR Systems to Release Fourth Quarter and Full Year 2020 Financial Results on Thursday, February 25, 2021
17 Feb 21
INVESTIGATION ALERT: Halper Sadeh LLP Investigates the Following Companies on Behalf of Shareholders - RP, CUB, CRHM, OXFD, FLIR, CBLI, AJRD
17 Feb 21
Investment data
Securities sold
Number of investors
Calendar
25 Feb 21
28 Feb 21
31 Dec 21
Financial summary
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Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 297.8M | 297.8M | 297.8M | 297.8M | 297.8M | 297.8M |
| Cash burn (monthly) | 7.4M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 14.64M | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 283.16M | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 38.3 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Feb 21 | Lowe Carol P | Common Stock | Grant | Aquire A | No | No | 0 | 12,638 | 0 | 103,308 |
| 16 Feb 21 | Cannon James J | Common Stock | Grant | Aquire A | No | No | 0 | 29,367 | 0 | 260,573 |
| 16 Feb 21 | Cannon James J | Common Stock | Grant | Aquire A | No | No | 0 | 27,803 | 0 | 231,206 |
| 2 Feb 21 | Halligan Catherine Ann | Common Stock | Payment of exercise | Dispose F | No | No | 54.01 | 5,938 | 320.71K | 33,998 |
| 2 Feb 21 | Halligan Catherine Ann | Common Stock | Option exercise | Aquire M | No | No | 36.73 | 8,721 | 320.32K | 39,936 |
| 2 Feb 21 | Halligan Catherine Ann | Common Stock | Payment of exercise | Dispose F | No | No | 54.01 | 8,144 | 439.86K | 31,215 |
| 2 Feb 21 | Halligan Catherine Ann | Common Stock | Option exercise | Aquire M | No | No | 30.75 | 14,285 | 439.26K | 39,359 |
| 2 Feb 21 | Halligan Catherine Ann | Common Stock | Payment of exercise | Dispose F | No | No | 54.01 | 8,896 | 480.47K | 25,074 |
| 2 Feb 21 | Halligan Catherine Ann | Common Stock | Option exercise | Aquire M | No | No | 31.15 | 15,400 | 479.71K | 33,970 |
| 2 Feb 21 | Halligan Catherine Ann | Common Stock | Payment of exercise | Dispose F | No | No | 54.01 | 6,843 | 369.59K | 18,570 |
Institutional ownership Q4 2020
90.6% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 439 |
| Opened positions | 87 |
| Closed positions | 76 |
| Increased positions | 149 |
| Reduced positions | 156 |
13F shares |
Current |
|---|---|
| Total value | 7.76B |
| Total shares | 118.95M |
| Total puts | 468.4K |
| Total calls | 900.8K |
| Total put/call ratio | 0.5 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 14.17M | $620.97M |
| BLK Blackrock | 7.47M | $327.44M |
| Barrow Hanley Mewhinney & Strauss | 4.94M | $216.4M |
| WFC Wells Fargo & Co. | 4.58M | $200.66M |
| BK Bank Of New York Mellon | 4.31M | $188.75M |
| STT State Street | 4.28M | $187.77M |
| Atlanta Capital Management Co L L C | 3.51M | $154.04M |
| Kayne Anderson Rudnick Investment Management | 3.01M | $132.03M |
| Capital World Investors | 2.74M | $120.15M |
| CS Credit Suisse | 2.59M | $113.4M |
Financial report summary
?Competition
General Dynamics • Bae Systems • Lockheed Martin • Image Sensing Systems • Elbit Systems • Garmin • ThalesContent analysis
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H.S. sophomore Avg
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New words:
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Removed:
accountant, accumulation, AECA, aftermarket, AIS, amortizing, assure, aware, broader, CCD, clarify, committing, construction, curve, declined, desist, disaster, doubtful, earning, earthquake, fighter, generating, grown, IEEPA, Imposing, improvised, incorporating, Instituting, interpretative, Investor, issuing, learned, leave, lorex, LWIR, mount, MWIR, notified, obligated, OFAC, optimizing, outage, precautionary, predominately, protecting, reclassified, recompute, repayment, revise, rounding, royalty, SkyWatch, subjected, suited, supplying, suspending, SWIR, treat, undertook, unrealized, unrest, VMS, waiver, war
Financial reports
10-K
2020 FY
Annual report
25 Feb 21
10-Q
2020 Q3
Quarterly report
30 Oct 20
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
6 May 20
10-K
2019 FY
Annual report
27 Feb 20
10-Q
2019 Q3
Quarterly report
31 Oct 19
10-Q
2019 Q2
Quarterly report
31 Jul 19
10-Q
2019 Q1
Quarterly report
2 May 19
10-K
2018 FY
Annual report
27 Feb 19
10-Q
2018 Q3
Quarterly report
30 Oct 18
Current reports
8-K
FLIR Systems Announces Fourth Quarter and Full Year 2020 Financial Results
25 Feb 21
8-K
Entry into a Material Definitive Agreement
6 Jan 21
8-K
Teledyne to Acquire FLIR Systems
4 Jan 21
8-K
FLIR Systems Announces Third Quarter 2020 Financial Results
30 Oct 20
8-K
Regulation FD Disclosure
18 Sep 20
8-K
Departure of Directors or Certain Officers
17 Aug 20
8-K
FLIR Systems Announces Second Quarter 2020 Financial Results
6 Aug 20
8-K
Entry into a Material Definitive Agreement
4 Aug 20
8-K
Other Events
22 Jul 20
8-K
FLIR Announces $500 Million Notes Offering
20 Jul 20
Registration and prospectus
425
Business combination disclosure
27 Jan 21
425
Business combination disclosure
21 Jan 21
425
Business combination disclosure
13 Jan 21
425
Business combination disclosure
7 Jan 21
425
Business combination disclosure
6 Jan 21
425
Business combination disclosure
6 Jan 21
425
Business combination disclosure
5 Jan 21
425
Business combination disclosure
4 Jan 21
425
Business combination disclosure
4 Jan 21
425
Business combination disclosure
4 Jan 21
Proxies
DEF 14A
Definitive proxy
11 Mar 20
PRE 14A
Preliminary proxy
28 Feb 20
DEFA14A
Additional proxy soliciting materials
8 Mar 19
DEF 14A
Definitive proxy
8 Mar 19
DEFR14A
Revised proxy
20 Mar 18
DEF 14A
Definitive proxy
8 Mar 18
DEFA14A
Additional proxy soliciting materials
8 Mar 18
DEF 14A
Definitive proxy
9 Mar 17
DEFA14A
Additional proxy soliciting materials
9 Mar 17
DEFA14A
Additional proxy soliciting materials
13 Mar 16
Other
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
29 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
NO ACT
No action letter
9 Feb 16
SD
Conflict minerals disclosure
28 May 15
NO ACT
No action letter
25 Jan 15
SD
Conflict minerals disclosure
1 Jun 14
UPLOAD
Letter from SEC
20 Apr 14
Ownership
4
FLIR SYSTEMS / James J Cannon ownership change
18 Feb 21
4
FLIR SYSTEMS / Carol P Lowe ownership change
18 Feb 21
SC 13G/A
FLIR SYSTEMS / PRICE T ROWE ASSOCIATES ownership change
16 Feb 21
4/A
FLIR SYSTEMS / EARL R LEWIS ownership change
11 Feb 21
SC 13G/A
FLIR SYSTEMS / VANGUARD ownership change
10 Feb 21
4
FLIR SYSTEMS / Catherine Ann Halligan ownership change
4 Feb 21
SC 13G/A
FLIR SYSTEMS / BlackRock ownership change
29 Jan 21
4
FLIR SYSTEMS / JOHN W WOOD JR ownership change
22 Jan 21
5
FLIR SYSTEMS / EARL R LEWIS ownership change
22 Jan 21
4
FLIR SYSTEMS / EARL R LEWIS ownership change
15 Jan 21
Patents
APP
Utility
Unmanned Vehicle
25 Feb 21
A main body of an unmanned vehicle is provided.
APP
Utility
Systems and Methods for Autonomous Navigation and Computation of Unmanned Vehicles
25 Feb 21
An unmanned vehicle (UV) navigation system is provided.
APP
Utility
Systems and Methods for Communicating with Payload on an Unmanned Vehicle
25 Feb 21
An unmanned vehicle (UV) is provided for transmitting data to a payload device connected to the UV.
GRANT
Utility
MEMS cryocooler systems and methods
23 Feb 21
Techniques are disclosed for systems and methods using microelectromechanical systems MEMS techniques to provide cryogenic and/or general cooling of a device or sensor system.
GRANT
Utility
Vehicle based radar upsampling
23 Feb 21
Various embodiments of the present disclosure may include one or more object detection devices.
Transcripts
2020 Q3
Earnings call transcript
30 Oct 20
2020 Q2
Earnings call transcript
6 Aug 20
2020 Q1
Earnings call transcript
6 May 20
2019 Q4
Earnings call transcript
27 Feb 20
2019 Q3
Earnings call transcript
31 Oct 19
2019 Q2
Earnings call transcript
24 Jul 19
2019 Q1
Earnings call transcript
24 Apr 19
2018 Q4
Earnings call transcript
13 Feb 19
2018 Q3
Earnings call transcript
30 Oct 18
2018 Q2
Earnings call transcript
25 Jul 18
Reddit threads
Daily Discussion Thread - February 25th, 2021
25 Feb 21
What additional stock should I pick up?
24 Feb 21
Arkk funds loading up on SQ today
24 Feb 21
Daily Discussion Thread - February 24th, 2021
24 Feb 21
Daily Discussion Thread - February 23rd, 2021
23 Feb 21
Defense stocks help
22 Feb 21
RADA DD: It Should Be On Your Radar
21 Feb 21
Not a get rich quick scheme
20 Feb 21
Vlad's testimony in a nutshell
19 Feb 21
stocks I like - for the hedge funds buying tech to track this
19 Feb 21