NSYS Nortech Systems Dashboard

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

NASDAQ

Website

www.nortechsys.com

CEO

Jay Dean Miller

Incorporated

Minnesota

Location

Minnesota

Fiscal year end

Dec 31

Sector

Manufacturing > Electronic Computer Manufacturing

Industry (SIC)

Electronic Components, NEC

Varex Imaging • Advanced Energy Industries • Vicor • Impinj • Espey Manufacturing & Electronics • LGL • Microvision • Bonso Electronics International • Inrad Optics • Ault Global ...

SEC CIK

0000722313

Corporate docs

Articles of Incorporation & Bylaws

IRS number

411681094

NSYS stock data

S&P 500

1M 1Y 2Y 5Y

News

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Stocks That Hit 52-Week Highs On Monday

26 Jul 21

This morning 121 companies reached new 52-week highs.

Stocks That Hit 52-Week Highs On Friday

23 Jul 21

On Friday morning, 126 companies achieved new highs for the year.

Stocks That Hit 52-Week Highs On Thursday

22 Jul 21

On Thursday morning, 103 companies hit new 52-week highs.

12 Information Technology Stocks Moving In Friday's Intraday Session

9 Jul 21

12 Information Technology Stocks Moving In Tuesday's Pre-Market Session

6 Jul 21

Press releases

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Nortech Systems to Report Fiscal 2021 Second Quarter Financial Results on August 12, 2021

15 Jul 21

Nortech Systems Incorporated (NASDAQ:NSYS), a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and

Nortech Systems announces Cooperation and Project Funding Agreement with Marpé Technologies and the BIRD Foundation

2 Jun 21

Nortech Systems Incorporated (NASDAQ:NSYS) (the "Company"), today announced it has reached a bilateral Cooperation and Project Funding Agreement by and among Nortech Systems, Inc, Marpé Technologies (Marpé), and the

Nortech Systems Announces Establishment of Two 10b5-1 Trading Plans

1 Jun 21

Nortech Systems to Apply for the Employee Retention Credit (ERC)

20 May 21

Nortech Systems Announces the Addition of Stacy Kruse to its Board of Directors

13 May 21

Calendar

14 May 21

28 Jul 21

31 Dec 21

Financial summary

Financial statements Chart NSYS financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

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)	982K	982K	982K	982K	982K	982K
Cash burn (monthly)	860.67K	(positive/no burn)	753.67K	294.83K	298.67K	(positive/no burn)
Cash used (since last report)	3.36M	n/a	2.95M	1.15M	1.17M	n/a
Cash remaining	-2.38M	n/a	-1.96M	-170.67K	-185.65K	n/a
Runway (months of cash)	-2.8	n/a	-2.6	-0.6	-0.6	n/a

Beta Read what these cash burn values mean

Recent insider trades

NSYS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Jul 21	Jay D Miller	Common Stock	Buy	Aquire P	No	Yes	9.43	100	943	25,200
14 Jul 21	Jay D Miller	Common Stock	Buy	Aquire P	No	No	9.49	100	949	25,100
29 Jun 21	Christopher Dean Jones	Common Stock	Buy	Aquire P	No	Yes	8.8473	12,970	114.75K	44,197
29 Jun 21	Christopher Dean Jones	Common Stock	Buy	Aquire P	No	Yes	8.2694	8,625	71.32K	31,227
28 Jun 21	Christopher Dean Jones	Common Stock	Buy	Aquire P	No	Yes	7.3346	1,907	13.99K	22,602
25 Jun 21	Christopher Dean Jones	Common Stock	Buy	Aquire P	No	Yes	7.2277	1,498	10.83K	20,695
13 May 21	Stacy A Kruse	Stock Options Common Stock	Grant	Aquire A	No	No	5.76	3,000	17.28K	3,000

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

NSYS institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

5.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	6	4	+50.0%
Opened positions	2	0	NEW
Closed positions	0	1	EXIT
Increased positions	3	1	+200.0%
Reduced positions	0	1	EXIT

13F shares	Current	Prev Q	Change
Total value	832K	647K	+28.6%
Total shares	132.84K	90.23K	+47.2%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Renaissance Technologies	77.06K	$484K	+21.4%
Chevy Chase Trust	26.73K	$168K	0.0%
Citadel Advisors	25.72K	$159K	NEW
WFC Wells Fargo & Co.	2.01K	$13K	+28585.7%
Tower Research Capital	1.33K	$8K	+3486.5%
BAC Bank Of America	7	$0	NEW
Proequities	0	$0

Largest transactions	Shares	Bought/sold	Change
Citadel Advisors	25.72K	+25.72K	NEW
Renaissance Technologies	77.06K	+13.6K	+21.4%
WFC Wells Fargo & Co.	2.01K	+2K	+28585.7%
Tower Research Capital	1.33K	+1.29K	+3486.5%
BAC Bank Of America	7	+7	NEW
Proequities	0	0
Chevy Chase Trust	26.73K	0	0.0%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

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Removed: Administration, announced, annually, application, asset, borrower, computing, Department, depreciation, equal, evaluate, filing, generated, goodwill, group, impaired, long, negative, noted, October, offset, partially, participate, past, portion, projection, property, quantitative, questioned, recover, Recoverability, recoverable, reduce, reputational, return, review, reviewed, SBA, secretary, September, Subsequently, substantial, testing, Treasury, underlying, undiscounted, unit

From filing 10-Q 2021 Q1