M-tron Industries (NYSEAMERICAN:MPTI) VP Sells $20,434.68 in Stock

M-tron Industries, Inc. (NYSEAMERICAN:MPTI) VP Linda Biles sold 306 shares of M-tron Industries stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $66.78, for a total transaction of $20,434.68. Following the transaction, the vice president directly owned 28,376 shares in the company, valued at $1,894,949.28. This represents a 1.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

M-tron Industries Price Performance

Shares of NYSEAMERICAN:MPTI opened at $81.20 on Friday. M-tron Industries, Inc. has a 1-year low of $36.38 and a 1-year high of $87.23. The company has a market capitalization of $350.78 million, a P/E ratio of 28.79, a P/E/G ratio of 1.41 and a beta of 0.57. The firm’s 50 day simple moving average is $66.14 and its two-hundred day simple moving average is $59.98.

M-tron Industries (NYSEAMERICAN:MPTI) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. M-tron Industries had a net margin of 16.33% and a return on equity of 20.45%. The business had revenue of $14.69 million for the quarter, compared to the consensus estimate of $14.36 million. On average, sell-side analysts anticipate that M-tron Industries, Inc. will post 2.18 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded shares of M-tron Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Institutional Trading of M-tron Industries

A number of large investors have recently made changes to their positions in the stock. Herald Investment Management Ltd lifted its holdings in M-tron Industries by 57.1% during the 3rd quarter. Herald Investment Management Ltd now owns 55,000 shares of the company’s stock valued at $3,035,000 after buying an additional 20,000 shares in the last quarter. Acuitas Investments LLC bought a new stake in shares of M-tron Industries in the 3rd quarter valued at about $140,000. Barclays PLC raised its holdings in shares of M-tron Industries by 7.1% in the 4th quarter. Barclays PLC now owns 3,830 shares of the company’s stock valued at $204,000 after purchasing an additional 254 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of M-tron Industries by 43.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,847 shares of the company’s stock valued at $152,000 after purchasing an additional 869 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of M-tron Industries during the 4th quarter worth approximately $239,000. 23.31% of the stock is owned by hedge funds and other institutional investors.

M-tron Industries Company 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.