Aristides Capital LLC raised its position in M-tron Industries, Inc. (NYSEAMERICAN:MPTI – Free Report) by 21.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,673 shares of the company’s stock after acquiring an additional 11,619 shares during the quarter. M-tron Industries makes up approximately 0.7% of Aristides Capital LLC’s portfolio, making the stock its 21st biggest position. Aristides Capital LLC owned 1.52% of M-tron Industries worth $4,390,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of MPTI. State of Alaska Department of Revenue acquired a new stake in M-tron Industries in the 4th quarter valued at about $26,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of M-tron Industries during the third quarter worth $63,000. Los Angeles Capital Management LLC purchased a new position in M-tron Industries in the fourth quarter valued at $89,000. Deutsche Bank AG increased its holdings in M-tron Industries by 2,341.4% in the fourth quarter. Deutsche Bank AG now owns 1,709 shares of the company’s stock valued at $91,000 after buying an additional 1,639 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in M-tron Industries by 43.9% in the fourth quarter. Wells Fargo & Company MN now owns 2,847 shares of the company’s stock valued at $152,000 after buying an additional 869 shares in the last quarter. 23.31% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts have issued reports on MPTI shares. Zacks Research raised M-tron Industries from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. Freedom Capital downgraded M-tron Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
Insider Buying and Selling at M-tron Industries
In related news, CEO Cameron Pforr sold 840 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $66.78, for a total transaction of $56,095.20. Following the transaction, the chief executive officer owned 26,806 shares of the company’s stock, valued at $1,790,104.68. This represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 1,507 shares of company stock valued at $100,637 in the last quarter. 5.30% of the stock is owned by insiders.
M-tron Industries Trading Up 6.5%
NYSEAMERICAN:MPTI opened at $85.49 on Friday. The firm has a market cap of $369.32 million, a P/E ratio of 30.32, a PEG ratio of 1.42 and a beta of 0.71. The stock’s 50 day simple moving average is $88.49 and its 200-day simple moving average is $73.61. M-tron Industries, Inc. has a 12-month low of $40.15 and a 12-month high of $104.85.
M-tron Industries (NYSEAMERICAN:MPTI – Get Free Report) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.06. M-tron Industries had a return on equity of 17.69% and a net margin of 16.33%.The firm had revenue of $14.69 million during the quarter, compared to the consensus estimate of $14.36 million. Research analysts forecast that M-tron Industries, Inc. will post 2.26 EPS for the current fiscal year.
M-tron Industries Profile
M-tron Industries, Inc (NYSE American: MPTI) is a designer and manufacturer of high‐performance electromechanical motion control and power transmission systems. The company specializes in the development of precision motors, digital servo controllers, and rotary electrical interfaces that enable smooth, reliable operation in demanding environments. Its core offerings include frameless torque motors, brushless DC motors, multi‐circuit slip ring assemblies, and custom motor/controller packages tailored to specific customer requirements.
These products serve a diverse array of end markets, including defense and aerospace, industrial automation, robotics, medical imaging, and energy generation.
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