M-tron Industries, Inc. (NYSEAMERICAN:MPTI) CFO James William Tivy Sells 4,000 Shares

M-tron Industries, Inc. (NYSEAMERICAN:MPTI) CFO James William Tivy sold 4,000 shares of the company’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $33.56, for a total transaction of $134,240.00. Following the sale, the chief financial officer now directly owns 26,004 shares in the company, valued at $872,694.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

James William Tivy also recently made the following trade(s):

• On Monday, November 20th, James William Tivy sold 1,000 shares of M-tron Industries stock. The stock was sold at an average price of $38.01, for a total transaction of $38,010.00.

M-tron Industries Stock Performance

NYSEAMERICAN:MPTI traded up $1.41 during mid-day trading on Monday, hitting $37.99. The stock had a trading volume of 102,790 shares, compared to its average volume of 14,955. The company has a market capitalization of $105.99 million and a P/E ratio of 29.39. M-tron Industries, Inc. has a twelve month low of $7.99 and a twelve month high of $39.76.

M-tron Industries (NYSEAMERICAN:MPTI) last issued its earnings results on Thursday, November 9th. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.29 by $0.28. M-tron Industries had a return on equity of 22.92% and a net margin of 9.23%. The company had revenue of $10.89 million during the quarter, compared to the consensus estimate of $10.30 million. As a group, equities analysts forecast that M-tron Industries, Inc. will post 1.72 earnings per share for the current year.

Hedge Funds Weigh In On M-tron Industries

Institutional investors and hedge funds have recently modified their holdings of the stock. Gamco Investors INC. ET AL boosted its stake in M-tron Industries by 13.6% in the 2nd quarter. Gamco Investors INC. ET AL now owns 270,968 shares of the company’s stock valued at $3,008,000 after purchasing an additional 32,500 shares during the period. BlackRock Inc. lifted its holdings in shares of M-tron Industries by 31.8% during the second quarter. BlackRock Inc. now owns 5,592 shares of the company’s stock worth $62,000 after buying an additional 1,349 shares in the last quarter. Geode Capital Management LLC bought a new stake in shares of M-tron Industries in the second quarter valued at about $141,000. Tower Research Capital LLC TRC grew its stake in shares of M-tron Industries by 159.2% in the first quarter. Tower Research Capital LLC TRC now owns 2,641 shares of the company’s stock valued at $28,000 after acquiring an additional 1,622 shares in the last quarter. Finally, Mcintyre Freedman & Flynn Investment Advisers Inc. bought a new stake in M-tron Industries in the 4th quarter valued at about $252,000. 22.13% of the stock is currently owned by institutional investors and hedge funds.

About M-tron Industries

M-tron Industries, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products. 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.