Gamco Investors INC. ET AL Trims Holdings in M-tron Industries, Inc. $MPTI

Gamco Investors INC. ET AL trimmed its stake in M-tron Industries, Inc. (NYSEAMERICAN:MPTI) by 40.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 174,260 shares of the company’s stock after selling 116,240 shares during the period. Gamco Investors INC. ET AL owned 0.06% of M-tron Industries worth $9,274,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. State of Alaska Department of Revenue purchased a new stake in M-tron Industries during the fourth quarter worth about $26,000. Solstein Capital LLC purchased a new stake in M-tron Industries during the third quarter worth about $28,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in M-tron Industries during the third quarter worth about $63,000. Acuitas Investments LLC purchased a new stake in M-tron Industries during the third quarter worth about $140,000. Finally, Victory Capital Management Inc. purchased a new stake in M-tron Industries during the third quarter worth about $206,000. 23.31% of the stock is currently owned by hedge funds and other institutional investors.

M-tron Industries Price Performance

Shares of NYSEAMERICAN:MPTI opened at $77.00 on Wednesday. The firm has a market capitalization of $332.64 million, a PE ratio of 27.31, a price-to-earnings-growth ratio of 1.37 and a beta of 0.57. The firm’s 50-day moving average is $68.12 and its two-hundred day moving average is $61.27. M-tron Industries, Inc. has a 1 year low of $36.38 and a 1 year high of $87.23.

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

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 that occurred on Monday, May 4th. The shares were 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 in the company, valued at approximately $1,790,104.68. This represents a 3.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,507 shares of company stock worth $100,637 in the last 90 days. 6.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on MPTI shares. Zacks Research lowered shares of M-tron Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, March 13th. Freedom Capital lowered shares of M-tron Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average 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.