19,538 Shares in MIND Technology, Inc. (NASDAQ:MIND) Bought by Northern Trust Corp

Northern Trust Corp purchased a new position in MIND Technology, Inc. (NASDAQ:MIND) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 19,538 shares of the company’s stock, valued at approximately $155,000. Northern Trust Corp owned approximately 1.39% of MIND Technology as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IFP Advisors Inc purchased a new stake in MIND Technology in the 4th quarter worth $32,000. XTX Topco Ltd purchased a new stake in MIND Technology in the 4th quarter worth $114,000. Brighton Jones LLC purchased a new stake in MIND Technology in the 4th quarter worth $138,000. Virtu Financial LLC increased its holdings in MIND Technology by 117.0% in the 4th quarter. Virtu Financial LLC now owns 24,095 shares of the company’s stock worth $191,000 after acquiring an additional 12,991 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in MIND Technology in the 4th quarter worth $458,000. Hedge funds and other institutional investors own 9.83% of the company’s stock.

MIND Technology Stock Performance

Shares of NASDAQ MIND opened at $6.10 on Wednesday. MIND Technology, Inc. has a one year low of $3.05 and a one year high of $11.10. The firm has a fifty day moving average of $6.01 and a 200 day moving average of $6.77. The firm has a market cap of $8.58 million, a PE ratio of 1.96 and a beta of 0.90.

MIND Technology (NASDAQ:MIND) last announced its earnings results on Tuesday, April 22nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.07. MIND Technology had a net margin of 9.92% and a negative return on equity of 104.48%. The company had revenue of $15.04 million for the quarter, compared to analysts’ expectations of $12.20 million. During the same quarter in the previous year, the company posted $0.39 EPS.

About MIND Technology

MIND Technology, Inc, together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries worldwide. Its primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; SeaLink towed seismic streamer system; and Sea Serpent line of passive sonar arrays for maritime security and anti-submarine warfare applications.