The LGL Group, Inc. operates through its principal subsidiary MtronPTI which designs and manufactures customized electronic components used primarily to control the frequency or timing of electronic signals in communications systems.
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
M-tron Systems Holdings, LLC • M-tron Industries, Inc. • Piezo Technology, Inc. • Piezo Technology • M-tron Asia, LLC • M-tron Industries, Ltd. • M-tron Services, Ltd. • Precise Time and Frequency, LLC • Lynch Systems, Inc. • LGL Systems Acquisition Holding Company, LLC ...
IRS number
381799862
LGL stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
20 Dec 22
DEF 14A
Definitive proxy
29 Nov 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
8-K
The LGL Group Reports Third Quarter 2022 Results
14 Nov 22
8-K
Other Events
9 Nov 22
8-K
The LGL Group Announces Adjustment of LGL Warrants
19 Oct 22
8-K
Unaudited Pro Forma Consolidated Financial Information for the Company
14 Oct 22
8-K
The LGL Group Announces Completion of the Spin-off of M-tron Industries, Inc. and Updates Effect on LGL Warrants
12 Oct 22
8-K
Other Events
16 Sep 22
8-K
Regulation FD Disclosure
8 Sep 22
Latest ownership filings
SC 13G
BARD ASSOCIATES INC
6 Feb 23
4
Linda M Biles
12 Oct 22
4
MICHAEL J FERRANTINO JR
12 Oct 22
4
James William Tivy
12 Oct 22
4
James William Tivy
11 May 22
4
MICHAEL J FERRANTINO JR
5 Apr 22
SC 13G/A
RENAISSANCE TECHNOLOGIES LLC
10 Feb 22
4
DONALD H HUNTER
30 Dec 21
4
Linda M Biles
30 Dec 21
4
MARC GABELLI
29 Dec 21
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| 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) | 22.29 mm | 22.29 mm | 22.29 mm | 22.29 mm | 22.29 mm | 22.29 mm |
| Cash burn (monthly) | 11.33 k | (no burn) | (no burn) | 10.83 k | (no burn) | (no burn) |
| Cash used (since last report) | 67.52 k | n/a | n/a | 64.54 k | n/a | n/a |
| Cash remaining | 22.22 mm | n/a | n/a | 22.23 mm | n/a | n/a |
| Runway (months of cash) | 1960.9 | n/a | n/a | 2051.7 | n/a | n/a |
Institutional ownership, Q3 2022
53.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 25 |
| Opened positions | 2 |
| Closed positions | 2 |
| Increased positions | 8 |
| Reduced positions | 5 |
| 13F shares | Current |
|---|---|
| Total value | 20.01 mm |
| Total shares | 2.89 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Gamco Investors | 1.08 mm | $6.35 mm |
| Gabelli Marc | 764.30 k | $4.46 mm |
| Renaissance Technologies | 350.19 k | $2.72 mm |
| Bard Associates | 233.07 k | $2.64 mm |
| Dimensional Fund Advisors | 98.97 k | $1.12 mm |
| Vanguard | 93.89 k | $1.06 mm |
| Bridgeway Capital Management | 58.40 k | $344.00 k |
| Ellsworth Advisors | 29.32 k | $332.00 k |
| SF Stifel Financial | 24.88 k | $9.00 k |
| NTRS Northern Trust | 22.16 k | $9.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 7 Oct 22 | James William Tivy | Common Stock | Sale back to company | Dispose D | No | No | 0 | 30,000 | 0.00 | 3,000 |
| 7 Oct 22 | Michael J Ferrantino JR | Common Stock | Sale back to company | Dispose D | No | No | 0 | 15,000 | 0.00 | 26,721 |
| 7 Oct 22 | Linda M Biles | Common Stock | Sale back to company | Dispose D | No | No | 0 | 7,533 | 0.00 | 8,820 |
| 11 May 22 | James William Tivy | Common Stock | Grant | Acquire A | No | No | 10.46 | 30,000 | 313.80 k | 33,000 |
| 1 Apr 22 | Michael J Ferrantino JR | Common Stock | Sale back to company | Dispose D | No | No | 10.51 | 4,786 | 50.30 k | 41,721 |