the lgl group, inc., together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products in the united states and internationally. the company operates in two segments, electronic components and electronic instruments. the electronic components segment offers xtal, clock oscillators, vcxo, tcxo ocxo, and docxo devices; and radio frequency, microwave and millimeter wave filters, diplexers, and solid-state power amplifiers. it also provides filter devices, which includes crystal, ceramic, lc, tubular, combline, cavity, interdigital, and metal insert waveguide, as well as digital, analog and mechanical tunable filters, switched filter arrays, and rf subsystems. this segment's products are used in infrastructure equipment for the telecommunications and network equipment industries; and electronic systems for applications in defense, aerospace, earth-orbiting satellites, down-hole drilling, medical devices, instrumentation, industrial
Company profile
Ticker
LGL, LGL-WT
Exchange
Website
CEO
Ivan Arteaga
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
LYNCH CORP
SEC CIK
Corporate docs
Subsidiaries
Precise Time and Frequency, LLC • P3 Logistic Solutions LLC • Lynch Capital International, LLC • LGL Systems Acquisition Holding Company, LLC • Lynch Systems Acquisition Holding Company, LLC • LGL Systems Nevada Management Partners LLC ...
IRS number
381799862
LGL stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
16 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
The LGL Group to Present at Sidoti Virtual Investor Conference December 7
6 Dec 23
8-K
Submission of Matters to a Vote of Security Holders
6 Dec 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
DEF 14A
Definitive proxy
7 Nov 23
8-K
Other Events
27 Sep 23
8-K
Results of Operations and Financial Condition
23 Aug 23
8-K
Departure of Directors or Certain Officers
16 Aug 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 40.78 mm | 40.78 mm | 40.78 mm | 40.78 mm | 40.78 mm | 40.78 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 61.67 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 410.31 k | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 40.37 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 654.6 | n/a | n/a |
Institutional ownership, Q3 2023
41.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 21 |
Opened positions | 4 |
Closed positions | 4 |
Increased positions | 5 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 5.33 bn |
Total shares | 2.20 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Gabelli Marc | 764.30 k | $4.46 mm |
Gamco Investors | 544.19 k | $2.33 bn |
Bard Associates | 296.38 k | $1.27 bn |
Renaissance Technologies | 192.23 k | $825.00 k |
Dimensional Fund Advisors | 101.91 k | $437.18 mm |
Caldwell Sutter Capital | 98.92 k | $424.37 mm |
Vanguard | 91.69 k | $393.35 mm |
Susquehanna International | 33.62 k | $144.25 mm |
Bridgeway Capital Management | 29.20 k | $125.27 mm |
Geode Capital Management | 23.18 k | $99.52 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Dec 23 | Darlene T DeRemer | Common Stock | Grant | Acquire A | No | No | 0 | 2,874 | 0.00 | 2,874 |
8 Dec 23 | Herve Francois | Common Stock | Grant | Acquire A | No | No | 0 | 2,874 | 0.00 | 2,874 |
8 Dec 23 | Michael J Ferrantino JR | Common Stock | Grant | Acquire A | No | No | 0 | 2,874 | 0.00 | 29,595 |
8 Dec 23 | Manjit Kalha | Common Stock | Grant | Acquire A | No | No | 0 | 2,874 | 0.00 | 27,625 |
8 Dec 23 | Foufas Timothy | Common Stock | Grant | Acquire A | No | No | 0 | 2,874 | 0.00 | 41,416 |