NSYS Nortech Systems

Nortech Systems, Inc. operates as an electronic manufacturing services company. The firm offers a full range of value-added engineering, technical and manufacturing services and support including project management, designing, testing, prototyping, manufacturing, supply chain management and post-market services. Its manufacturing and engineering services include complete medical devices, printed circuit board assemblies, wire and cable assemblies, and complex higher-level electromechanical assemblies. The firm operations fall under the Contract Manufacturing segment. It serves the Aerospace & Defense, Industrial & Commercial and Medical markets. The company was founded in December 1990 and is headquartered in Maple Grove, MN.
Company profile
Ticker
NSYS
Exchange
Website
CEO
Jay Dean Miller
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
411681094
NSYS stock data
()
News
12 Information Technology Stocks Moving In Wednesday's Intraday Session
7 Apr 21
12 Information Technology Stocks Moving In Monday's Pre-Market Session
5 Apr 21
25 Stocks Moving in Monday's Pre-Market Session
5 Apr 21
31 Stocks Moving in Thursday's Pre-Market Session
1 Apr 21
12 Information Technology Stocks Moving In Monday's Intraday Session
29 Mar 21
Press releases
Calendar
23 Mar 21
17 Apr 21
31 Dec 21
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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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) | 3.56M | 3.56M | 3.56M | 3.56M | 3.56M | 3.56M |
Cash burn (monthly) | (positive/no burn) | (positive/no burn) | 1.29M | 73.83K | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | n/a | n/a | 4.59M | 263.51K | n/a | n/a |
Cash remaining | n/a | n/a | -1.03M | 3.3M | n/a | n/a |
Runway (months of cash) | n/a | n/a | -0.8 | 44.7 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Dec 20 | Christopher Dean Jones | Common Stock | Buy | Aquire P | No | Yes | 6.2304 | 14,636 | 91.19K | 19,197 |
23 Dec 20 | Christopher Dean Jones | Common Stock | Buy | Aquire P | No | Yes | 5.6605 | 2,034 | 11.51K | 4,561 |
22 Dec 20 | Christopher Dean Jones | Common Stock | Buy | Aquire P | No | Yes | 5.3834 | 2,527 | 13.6K | 2,527 |
16 Dec 20 | Dan Sachs | Stock Options Common Stock | Grant | Aquire A | No | No | 4.93 | 3,000 | 14.79K | 3,000 |
16 Dec 20 | Smith Philip Irving | Stock Options Common Stock | Grant | Aquire A | No | No | 4.93 | 3,000 | 14.79K | 3,000 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
3.4% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 5 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 1 |
Reduced positions | 1 |
13F shares |
Current |
---|---|
Total value | 647K |
Total shares | 90.23K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners |
Shares | Value |
---|---|---|
Renaissance Technologies | 63.46K | $455K |
Chevy Chase Trust | 26.73K | $192K |
Tower Research Capital | 37 | $0 |
WFC Wells Fargo & Co. | 7 | $0 |
Proequities | 0 | $0 |
Content analysis
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Positive | ||
Negative | ||
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Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
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New words:
Abilitech, accidental, accuracy, accurately, addressing, agent, Aid, alter, announced, apparent, appointment, arm, biological, BofA, CAA, challenging, contamination, coooborate, deadline, Department, discontinued, disease, distancing, diversification, divert, effort, electromedical, essential, Essjay, extraordinary, faith, fewer, forgiven, guaranteed, hand, inability, inconsistent, incorrect, incurrence, injury, instituted, IRS, job, leaseback, led, lived, mathematical, modification, nominating, nontaxable, offsite, ongoing, owner, Paycheck, paydown, PCB, peer, pipeline, PPP, premium, preserve, questioned, readily, repaid, restructuring, SBA, scrutiny, secretary, shifting, social, speak, specialist, specific, suggesting, suspended, Talent, unrelated, waste, weighted, weighting
Removed:
achievement, allocation, assumed, begin, blend, calculating, combined, consulting, Crosscourt, exercisable, exert, experiencing, forfeited, individually, initial, July, Mahmood, Matt, minimum, modified, Murray, participant, perspective, practical, renewed, rent, retrospective, selecting, September, ship, step, tangible, Topic, unissued, William
Financial reports
10-K
2020 FY
Annual report
23 Mar 21
10-Q
2020 Q3
Quarterly report
12 Nov 20
10-Q
2020 Q2
Quarterly report
11 Aug 20
10-Q
2020 Q1
Quarterly report
13 May 20
10-K
2019 FY
Annual report
19 Mar 20
10-Q
2019 Q3
Quarterly report
12 Nov 19
10-Q
2019 Q2
Quarterly report
13 Aug 19
10-Q
2019 Q1
Quarterly report
15 May 19
10-K
2018 FY
Annual report
1 Apr 19
10-Q
2018 Q3
Quarterly report
14 Nov 18
Current reports
8-K
Nortech Systems Announces 2020 Results
23 Mar 21
8-K
Departure of Directors or Certain Officers
12 Mar 21
8-K
Departure of Directors or Certain Officers
11 Dec 20
8-K
Departure of Directors or Certain Officers
12 Nov 20
8-K
Departure of Directors or Certain Officers
5 Nov 20
8-K
Entry into a Material Definitive Agreement
1 Sep 20
8-K
Nortech Systems Announces CFO Resignation & New CFO Search
20 Aug 20
8-K
Nortech Systems Reports First Quarter 2020 Results
19 May 20
8-K
Entry into a Material Definitive Agreement
21 Apr 20
8-K
Nortech Systems Reports 2019 Results
23 Mar 20
Proxies
DEFA14A
Additional proxy soliciting materials
1 Apr 21
DEF 14A
Definitive proxy
1 Apr 21
DEF 14A
Definitive proxy
27 Mar 20
DEFA14A
Additional proxy soliciting materials
3 Apr 19
DEF 14A
Definitive proxy
1 Apr 19
DEF 14A
Definitive proxy
28 Mar 18
DEF 14A
Definitive proxy
21 Mar 17
DEF 14A
Definitive proxy
29 Mar 16
DEF 14A
Definitive proxy
23 Mar 15
DEF 14A
Definitive proxy
13 Apr 14
Other
SD
Conflict minerals disclosure
21 May 20
SD
Conflict minerals disclosure
29 May 19
SD
Conflict minerals disclosure
18 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
SD
Conflict minerals disclosure
31 May 15
SD
Conflict minerals disclosure
1 Jun 14
UPLOAD
Letter from SEC
13 May 08
UPLOAD
Letter from SEC
12 May 08
CORRESP
Correspondence with SEC
30 Apr 08
Ownership
4
NORTECH SYSTEMS / CHRISTOPHER DEAN JONES ownership change
29 Dec 20
4
NORTECH SYSTEMS / CHRISTOPHER DEAN JONES ownership change
28 Dec 20
4
NORTECH SYSTEMS / CHRISTOPHER DEAN JONES ownership change
23 Dec 20
4
NORTECH SYSTEMS / Dan Sachs ownership change
21 Dec 20
4
NORTECH SYSTEMS / PHILIP IRVING SMITH ownership change
21 Dec 20
3
NORTECH SYSTEMS / Dan Sachs ownership change
21 Dec 20
3
NORTECH SYSTEMS / PHILIP IRVING SMITH ownership change
15 Dec 20
4
NORTECH SYSTEMS / Steven J Rosenstone ownership change
7 Dec 20
4
NORTECH SYSTEMS / CHRISTOPHER DEAN JONES ownership change
13 Nov 20
3
NORTECH SYSTEMS / CHRISTOPHER DEAN JONES ownership change
9 Nov 20
Patents
APP
Utility
Flexible Printed Circuit Board
2 Dec 20
A flexible printed circuit board comprises a conducting layer that includes a first signal line, a first ground plane and a second ground plane.
APP
Utility
Adjustable, Inline Packaging Machine for Filling and Sealing Pouches and Method of Using Same
29 Apr 20
An inline packaging machine for automatically accommodating and filling different sized containers, such as pouches, to reduce changeover time and thereby improve operating efficiency of the machine.
Reddit threads
Daily Discussion Thread - March 24th, 2021
24 Mar 21
Daily Discussion Thread - March 18th, 2021
18 Mar 21
Daily Discussion Thread - March 17th, 2021
17 Mar 21
Daily Discussion Thread - March 16th, 2021
16 Mar 21
Daily Discussion Thread - March 15th, 2021
15 Mar 21
Daily Discussion Thread - November 10th, 2020
10 Nov 20
Daily Discussion Thread - November 9th, 2020
9 Nov 20