Squarepoint Ops LLC Invests $146,000 in MIND Technology, Inc. (NASDAQ:MIND)

Squarepoint Ops LLC bought a new stake in shares of MIND Technology, Inc. (NASDAQ:MIND) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,344 shares of the company’s stock, valued at approximately $146,000. Squarepoint Ops LLC owned about 1.30% of MIND Technology as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc purchased a new stake in shares of MIND Technology in the 4th quarter worth about $32,000. Virtu Financial LLC lifted its position in MIND Technology by 117.0% during the 4th quarter. Virtu Financial LLC now owns 24,095 shares of the company’s stock valued at $191,000 after acquiring an additional 12,991 shares during the period. XTX Topco Ltd purchased a new position in MIND Technology during the 4th quarter valued at about $114,000. Brighton Jones LLC purchased a new position in MIND Technology during the 4th quarter valued at about $138,000. Finally, Kennedy Capital Management LLC lifted its position in MIND Technology by 9.0% during the 4th quarter. Kennedy Capital Management LLC now owns 211,471 shares of the company’s stock valued at $1,679,000 after acquiring an additional 17,421 shares during the period. Hedge funds and other institutional investors own 9.83% of the company’s stock.

MIND Technology Price Performance

Shares of NASDAQ MIND opened at $6.96 on Monday. MIND Technology, Inc. has a 1 year low of $3.05 and a 1 year high of $11.10. The stock has a market cap of $9.79 million, a P/E ratio of 2.24 and a beta of 0.70. The firm has a 50-day moving average of $6.04 and a 200 day moving average of $6.85.

MIND Technology (NASDAQ:MIND) last released its quarterly earnings data on Tuesday, April 22nd. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $15.04 million during the quarter, compared to analyst estimates of $12.20 million. During the same period last year, the business earned $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.