M-tron Industries (NYSEAMERICAN:MPTI) Shares Up 0.9% – Time to Buy?

M-tron Industries, Inc. (NYSEAMERICAN:MPTI) traded up 0.9% during trading on Wednesday . The stock traded as high as $95.78 and last traded at $93.87. 154,959 shares were traded during mid-day trading, an increase of 116% from the average session volume of 71,768 shares. The stock had previously closed at $93.03.

Analyst Ratings Changes

MPTI has been the subject of several research reports. Zacks Research lowered M-tron Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, March 13th. Freedom Capital lowered M-tron Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

M-tron Industries Stock Up 0.9%

The stock has a market capitalization of $405.52 million, a PE ratio of 33.29, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72. The stock has a fifty day moving average of $75.38 and a 200-day moving average of $65.34.

M-tron Industries (NYSEAMERICAN:MPTI) last issued its quarterly earnings data 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 net margin of 16.33% and a return on equity of 17.69%. The business had revenue of $14.69 million during the quarter, compared to the consensus estimate of $14.36 million. Equities research analysts expect that M-tron Industries, Inc. will post 2.26 EPS for the current year.

Insider Buying and Selling

In other M-tron Industries news, CEO Cameron Pforr sold 840 shares of the company’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 26,806 shares in the company, valued at approximately $1,790,104.68. This represents a 3.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 1,507 shares of company stock worth $100,637. 6.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On M-tron Industries

A number of large investors have recently made changes to their positions in the stock. Herald Investment Management Ltd increased its stake in 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 in the last quarter. Millennium Management LLC purchased a new position in M-tron Industries during the 4th quarter valued at about $237,000. Barclays PLC increased its holdings in M-tron Industries by 7.1% during the 4th quarter. Barclays PLC now owns 3,830 shares of the company’s stock valued at $204,000 after acquiring an additional 254 shares in the last quarter. Wells Fargo & Company MN increased its holdings in M-tron Industries by 43.9% during the 4th quarter. Wells Fargo & Company MN now owns 2,847 shares of the company’s stock valued at $152,000 after acquiring an additional 869 shares in the last quarter. Finally, Deutsche Bank AG increased its holdings in M-tron Industries by 2,341.4% during the 4th quarter. Deutsche Bank AG now owns 1,709 shares of the company’s stock valued at $91,000 after acquiring an additional 1,639 shares in the last quarter. Hedge funds and other institutional investors own 23.31% 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.