Janus Henderson Group PLC acquired a new position in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,687 shares of the company's stock, valued at approximately $324,000. Janus Henderson Group PLC owned approximately 0.23% of M-tron Industries at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in MPTI. G2 Investment Partners Management LLC purchased a new position in M-tron Industries during the 4th quarter worth $2,235,000. Bank of America Corp DE boosted its holdings in M-tron Industries by 152.7% during the fourth quarter. Bank of America Corp DE now owns 4,596 shares of the company's stock worth $223,000 after purchasing an additional 2,777 shares during the last quarter. 683 Capital Management LLC purchased a new position in M-tron Industries during the fourth quarter worth about $599,000. Jane Street Group LLC bought a new stake in M-tron Industries in the 4th quarter worth about $414,000. Finally, Northern Trust Corp purchased a new stake in M-tron Industries in the 4th quarter valued at about $225,000. Institutional investors own 23.31% of the company's stock.
M-tron Industries Price Performance
Shares of MPTI traded down $1.02 during mid-day trading on Thursday, hitting $47.05. The stock had a trading volume of 44,747 shares, compared to its average volume of 67,548. M-tron Industries, Inc. has a 52 week low of $14.36 and a 52 week high of $60.00. The business has a fifty day moving average price of $49.29 and a 200-day moving average price of $50.40. The firm has a market cap of $136.92 million, a P/E ratio of 23.53, a PEG ratio of 0.69 and a beta of 1.20.
About M-tron Industries
(
Free Report)
M-tron Industries, Inc engages in the design, manufacture, and marketing of frequency and spectrum control products in the United States and internationally. The company's products include radio frequency, microwave, and millimeter wave filters; cavity, crystal, ceramic, lumped element, and switched filters; high frequency and performance OCXOs, integrated PLL OCXOs, TCXOs, VCXOs, and low jitter and harsh environment oscillators; crystal resonators, integrated microwave assemblies; and solid-state power amplifier products.
Recommended Stories
Before you consider M-tron Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and M-tron Industries wasn't on the list.
While M-tron Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
