Richard Nigon - Northern Technologies Non-Executive Independent Chairman of the Board
| NTIC Stock | USD 15.43 0.05 0.32% |
Chairman
Mr. Richard J. Nigon is a NonExecutive Independent Chairman of the Board of the Company. Mr. Nigon is the Senior Vice President of Cedar Point Capital, Inc., a private company that raises capital for early stage companies. From February 2001 until May 2007, Mr. Nigon was a Director of Equity Corporationrationrate Finance for Miller Johnson Steichen Kinnard, a privately held investment firm. In December 2006, MJSK was acquired by Stifel Nicolaus, and Mr. Nigon was a Managing Director of Private Placements at Stifel Nicolaus. From February 2000 to February 2001, Mr. Nigon served as the Chief Financial Officer of Dantis, Inc., a web hosting company. Prior to joining Dantis, Mr. Nigon was employed by Ernst Young, LLP from 1970 to 2000, where he served as a partner from 1981 to 2000. While at Ernst Young, Mr. Nigon served as the Director of Ernst Youngs Twin Cities Entrepreneurial Services Group and was the coordinating partner on several publiclytraded companies in the consumer retailing and manufacturing sectors. Mr. Nigon also currently serves as President of NorthStar Education Finance, Inc., a nonprofit organization formed to foster, aid, encourage and assist the pursuit of higher education. In addition to NTIC, Mr. Nigon also serves on the board of directors of Tactile Systems Technology, Inc. and as chairperson of its audit committee, on the board of directors of Celcuity Inc. and as chairperson of its audit committee and serves on the board of directors of a number of privatelyheld companies. Mr. Nigon previously served on the board of directors of Virtual Radiologic Corporation and Vascular Solutions, Inc. until its acquisition by Teleflex Incorporated in February 2017. Through his 30 years of service at Ernst Young, LLP, since 2012.
| Age | 70 |
| Tenure | 12 years |
| Address | 4201 Woodland Road, Circle Pines, MN, United States, 55014 |
| Phone | 763 225 6600 |
| Web | https://www.ntic.com |
Latest Insider Transactions
Nigon also currently serves as President of NorthStar Education Finance, Inc., a nonprofit organization formed to foster, aid, encourage and assist the pursuit of higher education. In addition to NTIC, Mr. Nigon also serves on the board of directors of Vascular Solutions, Inc., Tactile Systems Technology, Inc. and a number of privatelyheld companies and previously served on the board of directors of Virtual Radiologic Corporationrationrationration. Through his 30 years of service at Ernst & Young, LLP, Mr. Nigon brings to the Board of Directors, and in particular the Audit Committee, extensive public accounting and auditing experience. The Board of Directors believes Mr. Nigon’s strong background in financial controls and reporting, financial management, financial analysis and Securities and Exchange Commission reporting requirements is critical to the Board’s oversight responsibilities.Richard Nigon Latest Insider Activity
Tracking and analyzing the buying and selling activities of Richard Nigon against Northern Technologies stock is an integral part of due diligence when investing in Northern Technologies. Richard Nigon insider activity provides valuable insight into whether Northern Technologies is net buyers or sellers over its current business cycle. Note, Northern Technologies insiders must abide by specific rules, including filing SEC forms every time they buy or sell Northern Technologies'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Richard Nigon over six months ago Northern Technologies exotic insider transaction detected | ||
Richard Nigon over six months ago Exercise or conversion by Richard Nigon of 12000 shares of Northern Technologies subject to Rule 16b-3 | ||
Richard Nigon over a year ago Acquisition by Richard Nigon of 3328 shares of Northern Technologies subject to Rule 16b-3 |
Northern Technologies Management Efficiency
The company has return on total asset (ROA) of 0.0111 % which means that it generated a profit of $0.0111 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0861 %, meaning that it created $0.0861 on every $100 dollars invested by stockholders. Northern Technologies' management efficiency ratios could be used to measure how well Northern Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of April 19, 2024, Return On Tangible Assets is expected to decline to 0.04. In addition to that, Return On Capital Employed is expected to decline to 0.09. At present, Northern Technologies' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 622.5 M, whereas Other Assets are forecasted to decline to about 79.1 K.Similar Executives
| Found 6 records | CHAIRMAN Age | ||
| Alessandro Reggiani | Perimeter Solutions SA | 43 | |
| Victoriano Gonzalez | Perimeter Solutions SA | N/A | |
| Andre Hoffmann | Givaudan SA ADR | 56 | |
| Andres Alvarez | Perimeter Solutions SA | N/A | |
| Juerg Witmer | Givaudan SA ADR | 68 | |
| Warren Kruger | Greystone Logistics | 67 | |
Management Performance
| Return On Equity | 0.0861 | ||||
| Return On Asset | 0.0111 |
Northern Technologies Leadership Team
Elected by the shareholders, the Northern Technologies' board of directors comprises two types of representatives: Northern Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Northern. The board's role is to monitor Northern Technologies' management team and ensure that shareholders' interests are well served. Northern Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Northern Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sunggyu Lee, Independent Director | ||
| CPA CPA, CFO Sec | ||
| Ramani Narayan, Director | ||
| Efim Lyublinski, Vice President Director - New Technologies and Applications Engineering | ||
| Konstantin Falkenhausen, Independent Director | ||
| Vineet Dalal, VP and Director of Global Market Devel. - Natur-Tec | ||
| Soo Koh, Independent Director | ||
| Patrick Lynch, Chief Exexutive Officer and President and Director | ||
| Matthew Wolsfeld, CFO, Corporate Secretary | ||
| Gautam Ramdas, VP and Director of Global Market Devel. - Oil and Gas | ||
| Richard Nigon, Non-Executive Independent Chairman of the Board | ||
| Barbara Colwell, Director | ||
| Matthew CPA, CFO Secretary | ||
| SooKeong Koh, Independent Director |
Northern Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Northern Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0861 | ||||
| Return On Asset | 0.0111 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 148.54 M | ||||
| Shares Outstanding | 9.43 M | ||||
| Shares Owned By Insiders | 17.31 % | ||||
| Shares Owned By Institutions | 38.35 % | ||||
| Number Of Shares Shorted | 22.17 K | ||||
| Price To Earning | 16.72 X |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Northern Stock analysis
When running Northern Technologies' price analysis, check to measure Northern Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Technologies is operating at the current time. Most of Northern Technologies' value examination focuses on studying past and present price action to predict the probability of Northern Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Technologies' price. Additionally, you may evaluate how the addition of Northern Technologies to your portfolios can decrease your overall portfolio volatility.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |
Is Northern Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Technologies. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.25 | Dividend Share 0.28 | Earnings Share 0.48 | Revenue Per Share 8.802 | Quarterly Revenue Growth 0.141 |
The market value of Northern Technologies is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Technologies' value that differs from its market value or its book value, called intrinsic value, which is Northern Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Technologies' market value can be influenced by many factors that don't directly affect Northern Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.