M-tron Industries, Inc. (NYSEAMERICAN:MPTI - Get Free Report) President William Arnold Drafts bought 1,000 shares of the business's stock in a transaction that occurred on Friday, June 27th. The stock was acquired at an average cost of $40.50 per share, with a total value of $40,500.00. Following the completion of the acquisition, the president owned 11,008 shares of the company's stock, valued at $445,824. This represents a 9.99% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
M-tron Industries Stock Performance
M-tron Industries stock traded up $0.41 during mid-day trading on Monday, reaching $42.00. 68,118 shares of the company were exchanged, compared to its average volume of 70,008. The firm has a market cap of $122.64 million, a P/E ratio of 15.38, a PEG ratio of 0.61 and a beta of 0.84. The business has a fifty day moving average of $48.47 and a 200 day moving average of $50.55. M-tron Industries, Inc. has a 12-month low of $14.36 and a 12-month high of $60.00.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. AlphaQuest LLC purchased a new position in M-tron Industries in the first quarter valued at $73,000. Lazard Asset Management LLC purchased a new position in shares of M-tron Industries in the 4th quarter valued at about $81,000. Bank of America Corp DE raised its holdings in 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 purchasing an additional 2,777 shares during the period. Northern Trust Corp acquired a new position in M-tron Industries in the 4th quarter worth about $225,000. Finally, XTX Topco Ltd purchased a new position in M-tron Industries during the first quarter worth approximately $223,000. Hedge funds and other institutional investors own 23.31% of the company's stock.
About M-tron Industries
(
Get 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.
Read More
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
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
