M-tron Industries, Inc. (NYSEAMERICAN:MPTI) Short Interest Update

M-tron Industries, Inc. (NYSEAMERICAN:MPTI) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 179,880 shares, a decline of 58.2% from the April 15th total of 430,047 shares. Currently, 4.5% of the shares of the stock are sold short. Based on an average daily volume of 83,126 shares, the days-to-cover ratio is currently 2.2 days.

M-tron Industries Stock Up 0.4%

NYSEAMERICAN:MPTI traded up $0.29 during trading hours on Friday, hitting $79.40. 72,732 shares of the stock were exchanged, compared to its average volume of 82,738. The company’s 50 day moving average is $67.55 and its two-hundred day moving average is $60.91. M-tron Industries has a twelve month low of $36.38 and a twelve month high of $87.23. The company has a market capitalization of $343.01 million, a P/E ratio of 28.16, a price-to-earnings-growth ratio of 1.46 and a beta of 0.57.

M-tron Industries (NYSEAMERICAN:MPTI) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.67 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $14.36 million. On average, equities research analysts expect that M-tron Industries will post 2.26 EPS for the current year.

Insiders Place Their Bets

In other M-tron Industries news, CEO Cameron Pforr sold 840 shares of M-tron Industries stock in a transaction that occurred 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 sale, the chief executive officer directly owned 26,806 shares of the company’s stock, valued at approximately $1,790,104.68. The trade was a 3.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 worth $100,637 over the last 90 days. 6.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Aristides Capital LLC lifted its stake in shares of M-tron Industries by 21.5% in the 1st quarter. Aristides Capital LLC now owns 65,673 shares of the company’s stock valued at $4,390,000 after purchasing an additional 11,619 shares during the period. Renaissance Technologies LLC lifted its stake in shares of M-tron Industries by 34.3% in the 4th quarter. Renaissance Technologies LLC now owns 60,559 shares of the company’s stock valued at $3,223,000 after purchasing an additional 15,454 shares during the period. Marshall Wace LLP lifted its stake in shares of M-tron Industries by 25.6% in the 2nd quarter. Marshall Wace LLP now owns 56,263 shares of the company’s stock valued at $2,363,000 after purchasing an additional 11,470 shares during the period. Herald Investment Management Ltd lifted its stake in shares of M-tron Industries by 57.1% in the 3rd quarter. Herald Investment Management Ltd now owns 55,000 shares of the company’s stock valued at $3,035,000 after purchasing an additional 20,000 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of M-tron Industries by 6.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 44,988 shares of the company’s stock valued at $3,007,000 after purchasing an additional 2,540 shares during the period. Institutional investors and hedge funds own 23.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on MPTI shares. Freedom Capital downgraded M-tron Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Zacks Research downgraded M-tron Industries from a “hold” rating to a “strong sell” rating in a report on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

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.