Next Century Growth Investors LLC Purchases Shares of 94,155 M-tron Industries, Inc. (NYSEAMERICAN:MPTI)

Next Century Growth Investors LLC bought a new position in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 94,155 shares of the company's stock, valued at approximately $4,560,000. Next Century Growth Investors LLC owned approximately 3.24% of M-tron Industries at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Truvestments Capital LLC boosted its stake in M-tron Industries by 4.1% during the fourth quarter. Truvestments Capital LLC now owns 8,387 shares of the company's stock valued at $406,000 after buying an additional 330 shares during the period. Barclays PLC purchased a new stake in shares of M-tron Industries in the 3rd quarter valued at about $114,000. Geode Capital Management LLC boosted its position in shares of M-tron Industries by 18.6% during the 3rd quarter. Geode Capital Management LLC now owns 23,706 shares of the company's stock valued at $989,000 after acquiring an additional 3,718 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of M-tron Industries during the fourth quarter worth about $239,000. Finally, Virtu Financial LLC bought a new position in shares of M-tron Industries in the fourth quarter worth approximately $270,000. Hedge funds and other institutional investors own 23.31% of the company's stock.

M-tron Industries Price Performance

NYSEAMERICAN MPTI traded up $2.93 during trading hours on Thursday, reaching $51.59. 30,920 shares of the stock traded hands, compared to its average volume of 71,178. The stock has a 50 day simple moving average of $44.45 and a two-hundred day simple moving average of $49.14. M-tron Industries, Inc. has a 1 year low of $11.50 and a 1 year high of $52.49. The company has a market cap of $150.13 million, a price-to-earnings ratio of 25.80, 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.