NORTHERN TECHNOLOGIES INTL C NTIC
COM · Common Stock · CUSIP 665809109
- SectorIndustrials
- IndustryCoating, Engraving & Allied Services
- HeadquartersCircle Pines, MN
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 9.4m as of 2024-07-10, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $16.54.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 34 |
| Q4 2022 | 35 |
| Q1 2023 | 37 |
| Q2 2023 | 39 |
| Q3 2023 | 43 |
| Q4 2023 | 42 |
| Q1 2024 | 40 |
| Q2 2024 | 70 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 14 | 7 |
| Q1 2023 | 17 | 7 |
| Q2 2023 | 18 | 9 |
| Q3 2023 | 18 | 16 |
| Q4 2023 | 19 | 10 |
| Q1 2024 | 16 | 16 |
| Q2 2024 | 50 | 14 |
Biggest buyers
| BlackRock Inc. | Added | +335.2k |
| Hillsdale Investment Management Inc. | New | +147.8k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +99.7k |
| STATE STREET CORP | Added | +60.1k |
| Meros Investment Management, LP | Added | +54.2k |
| VANGUARD GROUP INC | Added | +44.2k |
| Informed Momentum Co LLC | New | +41.9k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +39.8k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +33.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +30.1k |
Biggest sellers
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | Reduced | -239.6k |
| Ballast Asset Management, LP | Reduced | -104.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -49.1k |
| Perritt Capital Management Inc | Reduced | -45.2k |
| JANE STREET GROUP, LLC | Sold out | -23.6k |
| ESSEX INVESTMENT MANAGEMENT CO LLC | Reduced | -21.7k |
| BALLAST ADVISORS LLC | Reduced | -20.0k |
| Qube Research & Technologies Ltd | Sold out | -18.2k |
| Penn Mutual Asset Management | Reduced | -5.5k |
| RBF Capital, LLC | Reduced | -2.8k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| NEEDHAM INVESTMENT MANAGEMENT LLC 13G · passive investor +1.3 pts · filed 2026-05-14 | 8.1% |
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 1 | $6.5k | 0 | — | — |
| Q2 2023 | 1 | $30.0k | 0 | — | — |
| Q3 2023 | 1 | $6.6k | 1 | $22.5k | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 1 | $20.0k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-04-23 | Kemp Sarah E. Director | Bought | $20.0k1.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 477.1k $7.9m | Added +44.2k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.56% of their portfolio | 415.0k $6.9m | Added +15.0k |
| BlackRock Inc. 0.00% of their portfolio | 364.7k $6.0m | Added +335.2k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 348.7k $5.8m | Added +11.7k |
| Meros Investment Management, LP 2.11% of their portfolio | 269.5k $4.5m | Added +54.2k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.25% of their portfolio | 252.0k $4.2m | Reduced -239.6k |
| Perritt Capital Management Inc 1.87% of their portfolio | 206.9k $3.4m | Reduced -45.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 177.0k $2.9m | Added +99.7k |
| Ballast Asset Management, LP 1.59% of their portfolio | 177.0k $2.9m | Reduced -104.0k |
| BALLAST ADVISORS LLC 0.90% of their portfolio | 171.0k $2.8m | Reduced -20.0k |
| Hillsdale Investment Management Inc. 0.19% of their portfolio | 147.8k $2.4m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 135.1k $2.2m | Added +33.0k |
| STATE STREET CORP 0.00% of their portfolio | 75.2k $1.2m | Added +60.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 60.0k $990.0k | Added +39.8k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.00% of their portfolio | 46.0k $761.8k | Added +1.0k |
| SHEETS SMITH WEALTH MANAGEMENT 0.09% of their portfolio | 44.9k $743.1k | Reduced -748 |
| Informed Momentum Co LLC 0.11% of their portfolio | 41.9k $694.3k | New |
| Chicago Capital, LLC 0.02% of their portfolio | 41.5k $688.0k | Unchanged |
| Dynamic Advisor Solutions LLC 0.02% of their portfolio | 30.4k $504.2k | Added +3.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 30.1k $499.0k | New |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 30.1k $497.7k | Unchanged |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 24.7k $409.0k | New |
| RBF Capital, LLC 0.02% of their portfolio | 24.4k $403.9k | Reduced -2.8k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 22.9k $379.9k | Reduced -1.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 21.2k $350.7k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 20.6k $341.1k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 20.0k $331.2k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 19.6k $324.3k | New |
| Penn Mutual Asset Management 0.65% of their portfolio | 18.4k $304.0k | Reduced -5.5k |
| Man Group plc 0.00% of their portfolio | 17.2k $285.1k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 17.0k $282.2k | Added +4.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 15.4k $255.4k | New |
| RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio | 15.2k $251.2k | New |
| MORGAN STANLEY 0.00% of their portfolio | 15.0k $248.6k | Added +101 |
| Trexquant Investment LP 0.00% of their portfolio | 12.2k $202.8k | New |
| Estabrook Capital Management 0.03% of their portfolio | 12.2k $201.8k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 11.8k $195.1k | Added +10.2k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.04% of their portfolio | 11.4k $188.3k | Reduced -21.7k |
| Invesco Ltd. 0.00% of their portfolio | 10.9k $181.0k | New |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 10.5k $174.6k | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 10.5k $173.8k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 10.4k $172.9k | New |
| CONNORS INVESTOR SERVICES INC 0.02% of their portfolio | 10.2k $169.0k | Reduced -200 |
| NAVELLIER & ASSOCIATES INC 0.02% of their portfolio | 10.0k $165.6k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 9.9k $163.4k | Added +9.3k |
| BARCLAYS PLC 0.00% of their portfolio | 8.3k $138.0k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 6.9k $114.1k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 6.1k $101.0k | New |
| Corebridge Financial, Inc. 0.00% of their portfolio | 4.2k $70.2k | First filing |
| JAMISON PRIVATE WEALTH MANAGEMENT, INC. 0.00% of their portfolio | 4.0k $0 | Unchanged |
| SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio | 3.7k $61.4k | Unchanged |
| CENTRAL TRUST Co 0.00% of their portfolio | 3.3k $55.0k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 3.1k $51.8k | Added +2.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 2.8k $46.9k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 2.5k $41.7k | Added +2.5k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 2.0k $33.8k | New |
| CITIGROUP INC 0.00% of their portfolio | 1.7k $28.4k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 987 $16.3k | New |
| Legal & General Group Plc 0.00% of their portfolio | 866 $14.3k | New |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 771 $12.8k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 740 $12.0k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 570 $9.4k | New |
| IFP Advisors, Inc 0.00% of their portfolio | 281 $4.7k | New |
| AMALGAMATED BANK 0.00% of their portfolio | 272 $5.0k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 240 $4.0k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 235 $3.9k | New |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 230 $3.0k | New |
| Allworth Financial LP 0.00% of their portfolio | 128 $1.7k | New |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio | 70 $1.0k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |