CTG is a leading provider of digital transformation solutions and services that accelerate clients' project momentum and achievement of their desired IT and business outcomes. We have earned a reputation as a reliable, results-driven partner focused on improved data-driven decision-making, meaningful business performance improvements, new and enhanced customer experiences, and continuous innovation. CTG has operations in North America, South America, Western Europe, and India.
Company profile
Ticker
CTG
Exchange
Website
CEO
Filip J. L. Gydé
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
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
Latest filings (excl ownership)
10-K
2022 FY
Annual report
15 Mar 23
8-K
Gross Margin of 31.8% for Fourth Quarter 2022
23 Feb 23
8-K
CTG Announces Fourth Quarter and Full Year 2022 Financial Results Conference Call and Webcast
9 Feb 23
8-K
CTG Announces Addition of Herman Kalra as Chief People Officer; Focus on Driving High-Performance Culture
5 Dec 22
8-K
CTG Announces Changes in European Executive Leadership
21 Nov 22
8-K
CTG Margins Expand in Third Quarter 2022 with Continued Transformation into Digital Solutions and Services Business
8 Nov 22
10-Q
2022 Q3
Quarterly report
8 Nov 22
8-K
CTG Announces Third Quarter 2022 Financial Results Conference Call and Webcast
25 Oct 22
8-K
CTG Acquires Eleviant Tech to Accelerate Digital Transformation Strategy and Portfolio Innovation
29 Sep 22
8-K
Submission of Matters to a Vote of Security Holders
21 Sep 22
Transcripts
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
CTG
Earnings call transcript
2020 Q3
20 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jul 22 | Apr 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) | 25.14 mm | 25.14 mm | 25.14 mm | 25.14 mm | 25.14 mm | 25.14 mm |
| Cash burn (monthly) | 537.67 k | 870.33 k | (no burn) | (no burn) | 208.00 k | (no burn) |
| Cash used (since last report) | 1.59 mm | 2.57 mm | n/a | n/a | 614.87 k | n/a |
| Cash remaining | 23.55 mm | 22.57 mm | n/a | n/a | 24.53 mm | n/a |
| Runway (months of cash) | 43.8 | 25.9 | n/a | n/a | 117.9 | n/a |
Institutional ownership, Q4 2022
9.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 40 |
| Opened positions | 3 |
| Closed positions | 4 |
| Increased positions | 11 |
| Reduced positions | 11 |
| 13F shares | Current |
|---|---|
| Total value | 18.44 bn |
| Total shares | 8.72 mm |
| Total puts | 300.00 |
| Total calls | 3.70 k |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Royce & Associates | 1.72 mm | $12.97 mm |
| Minerva Advisors | 1.26 mm | $9.50 mm |
| Dimensional Fund Advisors | 999.84 k | $7.56 mm |
| Vanguard | 833.74 k | $6.30 bn |
| Renaissance Technologies | 773.66 k | $5.85 mm |
| Ags SPV I | 624.91 k | $4.39 mm |
| Lewis Capital Management | 384.53 k | $2.91 bn |
| Acadian Asset Management | 269.39 k | $2.03 mm |
| BLK Blackrock | 261.90 k | $1.98 bn |
| Bridgeway Capital Management | 236.61 k | $1.79 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 Mar 23 | John M Laubacker | Common Stock | Payment of exercise | Dispose F | No | No | 7.41 | 1,074 | 7.96 k | 178,090 |
| 24 Mar 23 | Niehaus Thomas J | Common Stock | Payment of exercise | Dispose F | No | No | 7.41 | 380 | 2.82 k | 84,693 |
| 24 Mar 23 | Peter P Radetich | Common Stock | Payment of exercise | Dispose F | No | No | 7.41 | 850 | 6.30 k | 159,778 |
| 24 Mar 23 | Gyde Filip J L | Common Stock | Payment of exercise | Dispose F | No | No | 7.41 | 2,248 | 16.66 k | 388,517 |
| 18 Mar 23 | John M Laubacker | Common Stock | Payment of exercise | Dispose F | No | No | 7.75 | 1,186 | 9.19 k | 158,457 |
Press releases
CTG to Webcast Presentation at the Sidoti Spring 2023 Virtual Investor Conference
14 Mar 23
CTG IT Solutions and Services Segments Deliver Gross Margin of 31.8% for Fourth Quarter 2022
23 Feb 23
CTG Announces Fourth Quarter and Full Year 2022 Financial Results Conference Call and Webcast
9 Feb 23
CTG Achieves AWS Service Delivery Designation for Amazon Connect
1 Feb 23