← BackONTO INNOVATION INC. · Measuring & Controlling Devices, NECONTO
The short versionA profitable company with growing sales. Institutions are adding.
Going well
- Sales up 35% in the latest quarter vs a year ago
- Profitable every year for 10 years
- Brings in more cash than it spends
Money moves
- Insiders sold $600K in the last 30 days, all through pre-planned sales
- Institutions added 2.5% to their holdings in the quarter ending June 2026 (366 bought, 283 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$203.29+2.5% that day
- Company value
- $10.0B
- Share price times all shares
- Price vs profit (P/E)
- 76.4x
- You pay about $76 for each $1 of yearly profit
- Price vs sales
- 8.9x
- Company value is 8.9 times a year of sales
- Cash vs value
- 13%
- Cash as a share of company value
From ONTO's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$343.1M+35% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $1.1B, up 8.1% from the 12 months before. Over 5 years, sales grew about 13% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.0.0%
- PassDebt under half of equityNot relying on borrowed money.No debt reported
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.0.0%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$299.8M
- PassShare count not growingNot diluting owners. Falling means buybacks.-1.0% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.49.7%
- Revenue
- $1.0B
- +1.8% vs prior year
- 5-year growth
- +12.6%/yr
- revenue, per year
- Total debt
- None
- 0.00x equity
- Current ratio
- 5.79x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $343.1M
- +35.3% YoY
- EPS
- $1.21
- vs $0.69
- Op. margin
- 18.5%
- +5.8 pts
- Gross margin
- 53.4%
- +5.2 pts
- Free cash flow
- $57.9M
- Share count
- +1.4%
- vs a year ago
Insider rating
Last 90 days
46Mixed
- Pre-planned sales of $600K (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.8
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.5%Institutions added 2.5% to their holdings. 366 bought, 283 sold. 3 quarters of net buying in a row.
Shares held by institutions48.9M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
0.0%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
No debt reportedShares outstandingLatest reported
49MWhy low risk- 1 offering filing in 6 months (may sell new shares)
Next reportAround Nov 5 (est.)Estimated from the same quarter last year
- Results filedAug 6
- Results filedMay 5
- Results filedApr 16
- Results filedFeb 19
- Results filedNov 6, 2025
Insider trades
Open-market buys and sells, last 90 days Bought$00 insiders
Sold$600K1 insider, 1 pre-planned
| Insider | Trade | Shares | Avg price | Value | Owns after | Date |
|---|
David Brian MillerDirector | Sell | 2K | $300.00 | $600K | 11K | |
- -15.8% of their holdings
- Pre-planned sale (10b5-1)
- Filed 2 days after
|
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
SoldDavid Brian MillerDirector
2,000 shares at $300.00 · $600K
- -16% of holdings
- Now owns 10,692 shares
- Pre-planned sale (10b5-1)
- Filed 2 days after trade
Shares withheld for taxesBrian K RobertsChief Financial Officer
3,239 shares at $254.55 · $824K
- -13% of holdings
- Now owns 21,032 shares
- Filed 2 days after trade
Shares withheld for taxesShirley ChenSenior Vice President of Custo
1,516 shares at $254.55 · $386K
- -10% of holdings
- Now owns 14,001 shares
- Filed 2 days after trade
Shares withheld for taxesBrian K RobertsChief Financial Officer
3,239 shares at $254.55 · $824K
- -13% of holdings
- Now owns 21,032 shares
- Filed 2 days after trade
SoldSusan D LynchDirector
1,000 shares at $302.30 · $302K
- -27% of holdings
- Now owns 2,684 shares
- Pre-planned sale (10b5-1)
- Filed 4 days after trade
Stock awardStephen Douglas KelleyDirector
761 shares
- +14% of holdings
- Now owns 6,384 shares
- Filed 2 days after trade