M-tron Industries, Inc. $MPTI Shares Sold by Aristides Capital LLC

Aristides Capital LLC lowered its stake in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI) by 79.7% during the fourth quarter, Holdings Channel reports. The fund owned 54,054 shares of the company’s stock after selling 212,425 shares during the period. M-tron Industries comprises 0.4% of Aristides Capital LLC’s investment portfolio, making the stock its 23rd largest position. Aristides Capital LLC’s holdings in M-tron Industries were worth $2,877,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of MPTI. Goldman Sachs Group Inc. raised its stake in shares of M-tron Industries by 7.6% in the first quarter. Goldman Sachs Group Inc. now owns 9,761 shares of the company’s stock valued at $435,000 after acquiring an additional 689 shares in the last quarter. Acadian Asset Management LLC raised its position in M-tron Industries by 137.8% in the 1st quarter. Acadian Asset Management LLC now owns 10,367 shares of the company’s stock valued at $459,000 after purchasing an additional 6,008 shares in the last quarter. Marshall Wace LLP raised its position in 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 in the last quarter. Victory Capital Management Inc. purchased a new position in shares of M-tron Industries in the 3rd quarter valued at about $206,000. Finally, Dimensional Fund Advisors LP boosted its stake in shares of M-tron Industries by 8.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 33,448 shares of the company’s stock valued at $1,855,000 after buying an additional 2,676 shares during the period. Hedge funds and other institutional investors own 23.31% of the company’s stock.

Wall Street Analysts Forecast Growth

MPTI has been the subject of a number of analyst reports. Freedom Capital downgraded M-tron Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Zacks Research cut shares of M-tron Industries from a “hold” rating to a “strong sell” rating in a report on Friday, March 13th. One research 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 data from MarketBeat, the company currently has an average rating of “Hold”.

Insider Activity at M-tron Industries

In other news, CEO Cameron Pforr sold 840 shares of the firm’s stock in a transaction dated 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 owned 26,806 shares of the company’s stock, valued at approximately $1,790,104.68. This trade represents a 3.04% decrease in their position. The sale was disclosed in a legal 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. In the last quarter, insiders sold 1,507 shares of company stock valued at $100,637. Corporate insiders own 5.30% of the company’s stock.

M-tron Industries Trading Down 0.2%

Shares of MPTI stock opened at $95.94 on Friday. The company has a market cap of $414.46 million, a P/E ratio of 34.02, a PEG ratio of 1.70 and a beta of 0.72. The firm has a fifty day moving average price of $78.81 and a 200 day moving average price of $67.30. M-tron Industries, Inc. has a 12 month low of $36.38 and a 12 month high of $102.00.

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

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.