Aristides Capital LLC Increases Holdings in M-tron Industries, Inc. $MPTI

Aristides Capital LLC increased its position in M-tron Industries, Inc. (NYSEAMERICAN:MPTI) by 21.5% during the first quarter, HoldingsChannel.com reports. The fund owned 65,673 shares of the company’s stock after acquiring an additional 11,619 shares during the quarter. M-tron Industries accounts for approximately 0.7% of Aristides Capital LLC’s holdings, making the stock its 21st largest holding. Aristides Capital LLC’s holdings in M-tron Industries were worth $4,390,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in M-tron Industries by 26.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 42,448 shares of the company’s stock valued at $2,259,000 after purchasing an additional 9,000 shares during the last quarter. Deutsche Bank AG boosted its stake in M-tron Industries by 2,341.4% in the fourth 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. Los Angeles Capital Management LLC purchased a new position in shares of M-tron Industries during the fourth quarter worth about $89,000. State of Alaska Department of Revenue purchased a new position in shares of M-tron Industries during the fourth quarter worth about $26,000. Finally, Worth Venture Partners LLC acquired a new stake in shares of M-tron Industries during the third quarter worth about $392,000. 23.31% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other M-tron Industries news, CEO Cameron Pforr sold 840 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $66.78, for a total value of $56,095.20. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal 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. Insiders sold a total of 1,507 shares of company stock valued at $100,637 over the last three months. 5.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

MPTI has been the topic of several research analyst reports. Zacks Research raised M-tron Industries from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Freedom Capital cut shares of M-tron Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

M-tron Industries Stock Up 6.5%

Shares of M-tron Industries stock opened at $85.49 on Friday. The firm has a market cap of $369.32 million, a price-to-earnings ratio of 30.32, a price-to-earnings-growth ratio of 1.42 and a beta of 0.71. M-tron Industries, Inc. has a 52-week low of $40.15 and a 52-week high of $104.85. The company’s 50-day simple moving average is $88.49 and its 200-day simple moving average is $73.61.

M-tron Industries (NYSEAMERICAN:MPTI) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.67 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $14.36 million. Equities research analysts anticipate 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.