Azenta, Inc.
AZTA · Special Industry Machinery, NEC · 46.1M shares · -2%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $829M (gross $839M, SBC $9M)
Reference price $16.38 · est. market cap ~$755M — last insider purchase, 2026-05-18 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C56Life-science tools/sample-management company growing fast but loss-making, cushioned by a cash-rich balance sheet.
Strengths
- Strong growth and FCF — revenue +36.6% (86th), FCF $38.3M (80th)
- Cash-rich — current ratio 2.98
Risks
- Net loss — net margin -9.4%, operating margin -4.5%
- Earnings decline — -47.7% (33rd)
- Integration/restructuring execution — per 10-K
Notable findings
- High convictionHigh conviction — notable institutional holders, insider buying, and a strong balance sheet
- Net lossNet loss (net margin -9.4%)
- Material weakness● Material weaknesses in internal control over financial reporting could result in misstatements, harming investor confidence and our stock price
- Exec changeRecent 8-K item 5.02 8-K ↗
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Strong balance sheetStrong balance sheet — $748M cash & investments
- Insider buyingInsider buying — 1 open-market buy(s) by 1 insider(s) (~$163,800, last 6mo) Form 4 ↗
- Buying back stockNet buyback — share count -2%/yr over 4y
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, CITADEL ADVISORS LLC, GOLDMAN SACHS GROUP INC +2 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
45.5%
Operating margin
-4.5%
Net margin
-9.4%
Return on equity
-3.2%
Return on assets
-2.7%
Revenue growth (QoQ)
-2.6%
Current ratio
3.0×
Free cash flow
$38M
EBITDA
$34M
Tangible book value
$923M
Cash & investments
$748M
Stock comp / revenue
3.5%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-18 | Cornog William L | Buy | 10K | $16.38 |
| 2026-05-15 | Starr Ephraim | Tax withheld | 3.6K | $16.02 |
| 2026-04-28 | MARTIN WILLIAM E. III | Grant | 18K | $24.24 |
| 2026-02-06 | Nova Tina Susan | Grant | 5.7K | $27.85 |
| 2026-02-05 | McLaughlin Erica | Grant | 5.7K | $27.85 |
| 2026-02-05 | Koffey Quentin | Grant | 5.7K | — |
| 2026-02-05 | Doshi Dipal | Grant | 5.7K | $27.85 |
| 2026-02-05 | Casal Frank | Grant | 7.2K | $27.85 |
| 2025-11-24 | Marotta John | Grant | 118K | — |
| 2025-11-24 | Marotta John | Grant | 122K | — |
| 2025-11-24 | Lin Lawrence Y. | Grant | 37K | — |
| 2025-11-24 | Pirogova Olga | Grant | 16K | — |
| 2025-11-24 | Zhou Ginger | Grant | 13K | — |
| 2025-11-24 | Starr Ephraim | Grant | 34K | — |
| 2025-11-14 | Zhou Ginger | Tax withheld | 1.1K | $29.75 |
| 2025-11-14 | Marotta John | Tax withheld | 11K | $29.75 |
| 2025-11-14 | Lin Lawrence Y. | Tax withheld | 3.0K | $29.75 |
| 2025-11-14 | Pirogova Olga | Tax withheld | 1.6K | $29.75 |
| 2025-09-10 | Marotta John | Sell | 316 | $29.41 |
| 2025-08-12 | Zhou Ginger | Sell | 1.1K | $28.54 |
| 2025-08-12 | Zhou Ginger | Disposition | 1.1K | $28.54 |
| 2025-08-12 | Pirogova Olga | Sell | 1.1K | $28.54 |
| 2025-08-12 | Pirogova Olga | Disposition | 1.1K | $28.54 |
| 2025-08-11 | Lin Lawrence Y. | Buy | 2.5K | $27.96 |
| 2025-06-02 | Marotta John | Grant | 1.0K | $25.99 |
| 2025-06-02 | Marotta John | Buy | 1.0K | $25.99 |
| 2025-05-30 | Malus Alan J | Buy | 12K | $26.65 |
| 2025-05-30 | Malus Alan J | Grant | 12K | $26.65 |
| 2025-05-20 | Cornog William L | Grant | 2.7K | $27.37 |
| 2025-05-20 | Cornog William L | Buy | 2.7K | $27.37 |
| 2025-05-19 | Cornog William L | Grant | 4.2K | $26.98 |
| 2025-05-19 | Cornog William L | Buy | 4.2K | $26.98 |
| 2025-05-16 | Cornog William L | Buy | 100 | $26.50 |
| 2025-05-16 | Cornog William L | Grant | 100 | $26.50 |
| 2025-05-15 | Starr Ephraim | Grant | 38K | $26.71 |
| 2025-05-09 | Marotta John | Grant | 1.8K | $27.84 |
| 2025-05-09 | Lin Lawrence Y. | Grant | 4.0K | $27.49 |
| 2025-05-09 | Marotta John | Grant | 1.8K | $27.49 |
| 2025-05-08 | Marotta John | Grant | 3.6K | $27.49 |
| 2025-05-08 | Marotta John | Grant | 3.6K | $27.49 |
| 2025-05-08 | Lin Lawrence Y. | Grant | 2.0K | $27.67 |
| 2025-02-11 | Lin Lawrence Y. | Grant | 2.2K | $46.00 |
| 2025-02-07 | Koffey Quentin | Grant | 4.0K | — |
| 2025-02-07 | Malus Alan J | Grant | 4.0K | $52.32 |
| 2025-02-07 | Casal Frank | Grant | 5.2K | $52.32 |
| 2025-02-07 | Davis Robyn C | Grant | 4.0K | $52.32 |
| 2025-02-07 | Nova Tina Susan | Grant | 4.0K | $52.32 |
| 2025-02-07 | Doshi Dipal | Grant | 4.0K | $52.32 |
| 2025-02-07 | McLaughlin Erica | Grant | 4.0K | $52.32 |
| 2025-02-03 | Hughes Violetta | Sell | 317 | $52.97 |
| 2025-01-31 | Zhou Ginger | Buy | 417 | $45.88 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-05 | ResultsExhibits | filing ↗ |
| 2026-04-07 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-04-02 | Other | filing ↗ |
| 2026-03-04 | Material agreementReg FDExhibits | filing ↗ |
| 2026-02-04 | ResultsExhibits | filing ↗ |
| 2026-02-02 | Exec/director change | filing ↗ |
| 2026-01-29 | Shareholder vote | filing ↗ |
| 2025-12-29 | Material agreementReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-05-08 | 2026-03-31 | 0001628280-26-032557 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0001628280-26-030677 ↗ |
| 8-K | 2026-04-07 | 2026-04-06 | 0001437749-26-011542 ↗ |
| 8-K | 2026-04-02 | 2026-03-27 | 0001437749-26-011121 ↗ |
| 8-K | 2026-03-04 | 2026-03-04 | 0001437749-26-006821 ↗ |
| 10-Q | 2026-02-05 | 2025-12-31 | 0001437749-26-003200 ↗ |
| 8-K | 2026-02-04 | 2026-02-04 | 0001437749-26-002876 ↗ |
| 8-K | 2026-02-02 | 2026-01-29 | 0001437749-26-002593 ↗ |
| 8-K | 2026-01-29 | 2026-01-28 | 0001437749-26-002409 ↗ |
| 8-K | 2025-12-29 | 2025-12-23 | 0001437749-25-038787 ↗ |
| 8-K | 2025-12-10 | 2025-12-09 | 0001437749-25-037345 ↗ |
| 10-K | 2025-12-04 | 2025-09-30 | 0001437749-25-036931 ↗ |