M-tron Industries, Inc. $MPTI Shares Sold by Bard Associates Inc.

Bard Associates Inc. lessened its position in M-tron Industries, Inc. (NYSEAMERICAN:MPTI) by 50.6% in the 4th quarter, Holdings Channel reports. The fund owned 86,129 shares of the company’s stock after selling 88,188 shares during the period. Bard Associates Inc.’s holdings in M-tron Industries were worth $4,584,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Solstein Capital LLC acquired a new stake in shares of M-tron Industries in the 3rd quarter worth $28,000. State of Alaska Department of Revenue purchased a new stake in M-tron Industries during the fourth quarter worth about $26,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in M-tron Industries during the third quarter worth about $63,000. Los Angeles Capital Management LLC purchased a new stake in M-tron Industries during the fourth quarter worth about $89,000. Finally, Deutsche Bank AG boosted its holdings in M-tron Industries by 2,341.4% during the fourth quarter. Deutsche Bank AG now owns 1,709 shares of the company’s stock worth $91,000 after buying an additional 1,639 shares in the last quarter. Institutional investors and hedge funds own 23.31% of the company’s stock.

M-tron Industries Trading Up 2.3%

MPTI stock opened at $98.61 on Friday. The company has a market cap of $426.00 million, a P/E ratio of 34.97, a P/E/G ratio of 1.75 and a beta of 0.72. M-tron Industries, Inc. has a 52 week low of $36.38 and a 52 week high of $102.00. The company’s 50-day moving average price is $76.50 and its 200 day moving average price is $65.91.

M-tron Industries (NYSEAMERICAN:MPTI) last released its quarterly earnings data on Friday, May 8th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The firm had revenue of $14.69 million for the quarter, compared to the consensus estimate of $14.36 million. M-tron Industries had a net margin of 16.33% and a return on equity of 17.69%. On average, equities research analysts expect that M-tron Industries, Inc. will post 2.26 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Zacks Research downgraded shares of M-tron Industries from a “hold” rating to a “strong sell” rating in a report on Friday, March 13th. Freedom Capital downgraded shares of M-tron Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, M-tron Industries presently has an average rating of “Hold”.

Insider Transactions at M-tron Industries

In other M-tron Industries news, CEO Cameron Pforr sold 840 shares of M-tron Industries stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $66.78, for a total transaction of $56,095.20. Following the completion of the transaction, the chief executive officer owned 26,806 shares in the company, valued at approximately $1,790,104.68. The trade was a 3.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,507 shares of company stock worth $100,637 in the last ninety days. Insiders own 6.60% of the company’s stock.

About M-tron Industries

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.