Computer Task (CTG)

Company Profile

ctg provides reliable it services, solutions, and staffing to industries including healthcare, diversified industrials, finance, government, tech, and telecom. we're built on 50 years of meeting our commitments to make technology work for our clients and deliver real business value. our services encompass the entire it business solution life cycle, including phases for planning, developing, implementing, managing, and maintaining the it solution. our it solutions range from helping clients assess their business needs and identifying the it solutions to meet these needs, to the delivery of services that comprise the selection and implementation of packaged software, as well as the design, construction, testing, and integration of new systems. our it staffing services comprise recruiting, retaining, and managing it talent for our clients, including both large organizations with multiple locations and high-volume it requirements, and companies that need to augment their own staff on a fle

Company profile

Ticker

CTG

Exchange

NASDAQ

Website

ctg.com

CEO

Filip J. L. Gydé

Incorporated

New York

Location

New York

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Custom Computer Programming Services

Industry (SIC)

Services - Computer Programming Services

Cognizant Technology Solutions • Amdocs • Verisign • Thoughtworks Holding • Compass • Formula Systems • Synchronoss • HashiCorp • Realnetworks • EPAM Systems ...

SEC CIK

0000023111

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Computer Task Group • CTG of Buffalo, Inc. • Computer Task Group of Canada, Inc. • Computer Task Group International, Inc. • Group International • Eleviant Technologies, Inc. ...

IRS number

160912632

CTG stock data

1M 1Y 5Y

Latest filings (excl ownership)

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SC TO-T/A

Third party tender offer statement (amended)

21 Nov 23

SC 14D9/A

Tender offer solicitation (amended)

21 Nov 23

SC 14D9/A

Tender offer solicitation (amended)

8 Nov 23

Improved 40 Basis Points to 29.5% in Third Quarter 2023

8 Nov 23

SC 14D9/A

Tender offer solicitation (amended)

3 Nov 23

SC TO-T/A

Third party tender offer statement (amended)

3 Nov 23

SC 14D9/A

Tender offer solicitation (amended)

12 Oct 23

SC TO-T/A

Third party tender offer statement (amended)

12 Oct 23

SC 14D9/A

Tender offer solicitation (amended)

21 Sep 23

Transcripts

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CTG

Earnings call transcript

2023 Q1

9 May 23

CTG

Earnings call transcript

2022 Q4

23 Feb 23

CTG

Earnings call transcript

2022 Q3

12 Nov 22

CTG

Earnings call transcript

2022 Q2

7 Aug 22

CTG

Earnings call transcript

2022 Q1

14 May 22

CTG

Earnings call transcript

2021 Q4

22 Feb 22

CTG

Earnings call transcript

2021 Q3

9 Nov 21

CTG

Earnings call transcript

2021 Q2

31 Jul 21

CTG

Earnings call transcript

2021 Q1

2 May 21

CTG

Earnings call transcript

2020 Q4

23 Feb 21

Latest ownership filings

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ROYCE & ASSOCIATES LP

6 Sep 23

SC 13D/A

ASKELADDEN CAPITAL MANAGEMENT LLC

21 Aug 23

11-K

Annual report of employee stock purchases

Financial summary

Financial statements Chart CTG financial data

Quarter (USD)	Sep 23	Jun 23	Mar 23	Dec 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	24.07 mm	24.07 mm	24.07 mm	24.07 mm	24.07 mm	24.07 mm
Cash burn (monthly)	(no burn)	223.67 k	366.33 k	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	515.01 k	843.52 k	n/a	n/a	n/a
Cash remaining	n/a	23.55 mm	23.23 mm	n/a	n/a	n/a
Runway (months of cash)	n/a	105.3	63.4	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2023

CTG institutional ownership history Ownership history

57.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	59	49	+20.4%
Opened positions	25	47	-46.8%
Closed positions	15	0	NEW
Increased positions	12	0	NEW
Reduced positions	12	0	NEW

13F shares	Current	Prev Q	Change
Total value	57.04 bn	42.59 bn	+33.9%
Total shares	9.19 mm	9.14 mm	+0.5%
Total puts	5.60 k	0.00	NEW
Total calls	37.80 k	45.80 k	-17.5%
Total put/call ratio	0.1	–	–

Largest owners	Shares	Value	Change
Minerva Advisors	1.25 mm	$12.96 mm	-0.7%
Dimensional Fund Advisors	1.01 mm	$10.45 bn	+0.5%
Renaissance Technologies	809.76 k	$8.37 mm	+8.2%
Vanguard	750.38 k	$7.75 bn	+33.0%
Ags SPV I	624.91 k	$4.39 mm	0.0%
Askeladden Capital Management	586.48 k	$4.53 mm	0.0%
Lewis Capital Management	379.03 k	$3.92 bn	-1.1%
BLK Blackrock	307.54 k	$3.18 bn	+9.7%
Millennium Management	264.18 k	$2.73 bn	NEW
GS Goldman Sachs	255.28 k	$2.64 bn	NEW

Largest transactions	Shares	Bought/sold	Change
Royce & Associates	119.51 k	-1.51 mm	-92.7%
Millennium Management	264.18 k	+264.18 k	NEW
GS Goldman Sachs	255.28 k	+255.28 k	NEW
Crystalline Management	254.16 k	+254.16 k	NEW
Acadian Asset Management	0.00	-249.40 k	EXIT
Gabelli Funds	225.95 k	+225.95 k	NEW
Highland Capital Management Fund Advisors	206.62 k	+206.62 k	NEW
EHP Funds	200.30 k	+200.30 k	NEW
Ancora Advisors	0.00	-194.59 k	EXIT
K2 Principal Fund	192.17 k	+192.17 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CTG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Sep 23	Valerie Rahmani	common stock	Grant	Acquire A	No	No	10.31	2,182	22.50 k	158,161
15 Sep 23	David H Klein	common stock	Grant	Acquire A	No	No	10.31	2,182	22.50 k	180,406
15 Sep 23	Kathryn A Stein	common stock	Grant	Acquire A	No	No	10.31	2,182	22.50 k	23,753
15 Sep 23	III James R Helvey	common stock	Grant	Acquire A	No	No	10.31	2,182	22.50 k	178,738
15 Sep 23	Raj Rajgopal	Common stock	Grant	Acquire A	No	No	10.31	2,182	22.50 k	33,458