G2 Investment Partners Management LLC Invests $2.24 Million in M-tron Industries, Inc. (NYSEAMERICAN:MPTI)

G2 Investment Partners Management LLC purchased a new position in M-tron Industries, Inc. (NYSEAMERICAN:MPTI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 46,140 shares of the company's stock, valued at approximately $2,235,000. G2 Investment Partners Management LLC owned 1.59% of M-tron Industries as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC purchased a new position in M-tron Industries during the third quarter valued at $114,000. Bank of America Corp DE increased its stake in shares of M-tron Industries by 152.7% in the 4th quarter. Bank of America Corp DE now owns 4,596 shares of the company's stock worth $223,000 after acquiring an additional 2,777 shares in the last quarter. Northern Trust Corp purchased a new position in M-tron Industries during the 4th quarter valued at about $225,000. Janney Montgomery Scott LLC purchased a new position in M-tron Industries during the 4th quarter valued at about $239,000. Finally, Virtu Financial LLC bought a new stake in M-tron Industries during the fourth quarter worth about $270,000. Institutional investors own 23.31% of the company's stock.

M-tron Industries Stock Up 3.7%

Shares of NYSEAMERICAN MPTI traded up $1.99 on Friday, reaching $56.33. 32,062 shares of the company's stock traded hands, compared to its average volume of 68,998. The business's 50 day simple moving average is $46.53 and its two-hundred day simple moving average is $50.13. M-tron Industries, Inc. has a 12 month low of $14.00 and a 12 month high of $59.95. The company has a market cap of $163.92 million, a price-to-earnings ratio of 28.17, a price-to-earnings-growth ratio of 0.69 and a beta of 1.20.

M-tron Industries Profile

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.