Loading institutional data...
Loading institutional data...
Strong institutional distribution: ownership decreased -5.95% quarter-over-quarter.
Data as of Q1 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
Loading top holders...
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
This company doesn't have positive free cash flow, so a reverse DCF can't be run.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Top 35 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Ranked against 1085 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BCAX | $1.24T | — | — | — | — | — | — | -34.4% | -34.4% | — | 143 |
| LLY | $1.03T | 50.2× | — | 15.9× | 44.7% | 83.0% | 31.7% | 77.8% | 29.9% | — | 4,193 |
| AKTX | $894.1B | — | — | — | — | — | — | -61.1% | -61.1% | — | 1 |
| JNJ | $650.5B | 24.5× | — | 6.9× | 6.0% | 67.9% | 28.5% | 32.9% | 20.7% | — | 4,451 |
| ABBV | $467.1B | 111.9× | 33.4× | 7.6× | 8.6% | 70.2% | 6.9% | -129% | 6.6% | 4.2× | 3,895 |
| MRK | $368.2B | 20.2× | — | 5.7× | 1.3% | 74.8% | 28.1% | 34.7% | 17.9% | — | 3,594 |
| UNH | $339.9B | 28.4× | 19.7× | 0.8× | 11.8% | 88.7% | 2.7% | 12.0% | 6.8% | 3.9× | 2,891 |
| AZN | $257.7B | — | — | — | — | — | — | — | — | — | 1,248 |
| TMO | $248.2B | 37.1× | 31.9× | 5.6× | 3.9% | — | 15.0% | 12.6% | 7.0% | 4.9× | 2,481 |
| AMGN | $204.6B | 26.7× | 17.6× | 5.6× | 10.0% | 67.2% | 21.0% | 89.1% | 12.2% | 3.8× | 3,014 |
| GILD | $187.3B | 22.3× | 20.4× | 6.4× | 2.4% | 78.8% | 28.9% | 37.5% | 17.9% | 2.4× | 2,218 |
| ABT | $178.0B | 27.5× | 19.2× | 4.0× | 5.7% | 56.4% | 14.7% | 12.5% | 10.0% | 1.4× | 2,964 |
| PFE | $157.1B | 20.3× | — | 2.5× | -1.6% | 74.3% | 12.4% | 9.0% | 5.1% | — | 2,838 |
| DHR | $150.2B | 42.1× | 31.0× | 6.1× | 2.9% | 59.1% | 14.7% | 6.9% | 5.1% | 3.4× | 2,083 |
| ISRG | $136.2B | 48.7× | 37.5× | 13.5× | 20.5% | 66.0% | 28.4% | 16.0% | 16.0% | — | 2,190 |
| VRTX | $131.1B | 33.7× | 28.8× | 10.9× | 8.9% | 86.2% | 32.9% | 21.2% | 21.2% | — | 1,609 |
| BMY | $127.8B | 18.2× | — | 2.6× | -0.2% | 71.1% | 14.6% | 38.2% | 11.1% | — | 2,431 |
| MDT | $118.8B | 24.9× | 12.6× | 3.3× | 8.4% | 65.0% | 13.2% | 9.7% | 9.4% | 0.2× | 2,114 |
| CVS | $114.7B | 64.9× | 11.5× | 0.3× | 7.8% | 45.0% | 0.4% | 2.4% | 2.4% | 0.0× | 1,795 |
| SYK | $107.1B | 33.4× | 18.4× | 4.3× | 11.2% | 64.0% | 12.9% | 14.5% | 8.5% | 2.5× | 2,196 |
| MCK | $102.5B | 22.9× | 16.2× | 0.3× | 12.4% | 3.6% | 1.2% | -219% | 109% | 1.0× | 1,946 |
| HCA | $96.4B | 15.1× | — | 1.3× | 7.1% | — | 9.0% | -113% | 16.8% | — | 1,346 |
| ELV | $91.4B | 16.4× | 15.5× | 0.5× | 12.5% | 89.4% | 2.8% | 12.9% | 7.6% | 4.2× | 1,397 |
| REGN | $82.6B | 19.0× | 19.8× | 5.8× | 1.0% | — | 31.4% | 14.4% | 13.6% | 0.5× | 1,336 |
| CI | $72.7B | 12.4× | 5.5× | 0.3× | 11.2% | 21.8% | 2.2% | 14.3% | 14.1% | 0.0× | 1,583 |
| NSPR | $33M | — | — | 3.7× | 28.1% | 29.5% | -543% | -88.4% | -88.4% | — | 34 |
Peers = companies sharing NSPR's sector (Healthcare) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.0M 100.0% | $7.0M 100.0% | $6.2M 100.0% | $5.2M 100.0% | $4.5M 100.0% | $2.5M 100.0% | $3.7M 100.0% | $3.6M 100.0% | $2.8M 100.0% | $1.9M 100.0% |
| Cost of Revenue | $6.3M 70.5% | $5.5M 78.5% | $4.4M 70.9% | $4.1M 78.4% | $3.7M 83.2% | $2.4M 96.7% | $3.0M 79.7% | $2.6M 72.4% | $2.2M 78.8% | $1.8M 94.6% |
| Gross Profit | $2.6M 29.5% | $1.5M 21.5% | $1.8M 29.1% | $1.1M 21.6% | $754K 16.8% | $83K 3.3% | $756K 20.3% | $995K 27.6% | $585K 21.2% | $102K 5.4% |
| Research & Development | $15.0M 167.1% | $13.6M 194.5% | $8.0M 128.6% | $7.8M 151.0% | $5.2M 114.7% | $2.2M 89.9% | $3.0M 79.4% | $1.5M 42.6% | $1.3M 46.2% | $1.3M 68.2% |
| Selling, General & Admin | $20.7M 230.6% | $15.3M 218.4% | $11.1M 179.0% | $8.4M 161.6% | $7.4M 164.7% | $6.1M 246.6% | $5.2M 140.3% | $4.8M 134.1% | $5.2M 187.8% | $5.0M 264.0% |
| Total Operating Expenses | $52.3M 582.1% | $35.0M 499.5% | $22.9M 369.9% | $19.8M 383.5% | $15.5M 344.2% | $10.5M 421.0% | $10.6M 284.1% | $8.6M 239.0% | $8.8M 319.3% | $7.8M 409.2% |
| Operating Income | -$49.6M -552.6% | -$33.5M -478.0% | -$21.1M -340.7% | -$18.7M -361.9% | -$14.7M -327.4% | -$10.4M -417.7% | -$9.8M -263.8% | -$7.6M -211.4% | -$8.2M -298.2% | -$7.6M -403.8% |
| Interest Expense | — | — | — | — | — | — | — | — | $119K 4.3% | $721K 38.1% |
| Other Income (Expense), net | $891K 9.9% | $1.6M 22.2% | $1.3M 20.8% | $250K 4.8% | -$157K -3.5% | -$160K -6.4% | -$200K -5.4% | -$371K -10.3% | — | — |
| Pretax Income | -$48.7M -542.6% | -$31.9M -455.8% | -$19.9M -319.9% | -$18.5M -357.0% | -$14.9M -330.9% | -$10.5M -424.1% | -$10.0M -269.2% | -$7.2M -201.1% | -$8.4M -304.6% | -$8.5M -446.7% |
| Income Tax Expense | $63K 0.7% | $59K 0.8% | $65K 1.0% | $28K 0.5% | $45K 1.0% | $4K 0.2% | $24K 0.6% | — | $27K 1.0% | $1K 0.1% |
| Net Income | -$48.8M -543.4% | -$32.0M -456.6% | -$19.9M -321.0% | -$18.5M -357.6% | -$14.9M -331.9% | -$10.5M -424.3% | -$10.0M -269.8% | -$7.2M -201.1% | -$8.4M -305.6% | -$8.5M -446.7% |
| Per Share | ||||||||||
| EPS (Basic) | $-0.76 | $-0.76 | $-0.82 | $-2.35 | $-2.03 | — | — | — | — | — |
| EPS (Diluted) | $-0.76 | $-0.76 | $-0.82 | $-2.35 | — | — | — | — | — | — |
| Weighted Avg Shares (Basic) | 64.3M | 41.9M | 24.3M | 7.9M | 7.3M | — | — | — | — | — |
| Weighted Avg Shares (Diluted) | 64.3M | 41.9M | 24.3M | 7.9M | — | — | — | — | — | — |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
3/8 of the 9 checks — 1 couldn't be scored (see above), so the score is out of the 8 with data.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Coverage data unavailable.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on -$37M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: -88%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Interest last disclosed in FY2017 (no longer broken out).
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-09-17
Where each multiple sits in its own 14-yr range · 8th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 1.7× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 72.4 | 79.7 | 96.7 | 83.2 | 78.4 | 70.9 | 78.5 | 70.5 |
| Gross Profit | 27.6 | 20.3 | 3.3 | 16.8 | 21.6 | 29.1 | 21.5 | 29.5 |
| R&D | 42.6 | 79.4 | 89.9 | 114.7 | 151.0 | 128.6 | 194.5 | 167.1 |
| SG&A | 134.1 | 140.3 | 246.6 | 164.7 | 161.6 | 179.0 | 218.4 | 230.6 |
| Operating Income | -211.4 | -263.8 | -417.7 | -327.4 | -361.9 | -340.7 | -478.0 | -552.6 |
| Income Tax | — | 0.6 | 0.2 | 1.0 | 0.5 | 1.0 | 0.8 | 0.7 |
| Net Income | -201.1 | -269.8 | -424.3 | -331.9 | -357.6 | -321.0 | -456.6 | -543.4 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on NSPR: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.