Concorde Asset Management LLC Has $1.06 Million Holdings in M-tron Industries, Inc. $MPTI

Concorde Asset Management LLC cut its holdings in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI) by 47.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,986 shares of the company’s stock after selling 18,169 shares during the quarter. Concorde Asset Management LLC owned about 0.68% of M-tron Industries worth $1,064,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. State of Alaska Department of Revenue acquired a new position in M-tron Industries in the 4th quarter valued at approximately $26,000. Solstein Capital LLC acquired a new position in M-tron Industries in the 3rd quarter valued at approximately $28,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in M-tron Industries in the 3rd quarter valued at approximately $63,000. Los Angeles Capital Management LLC acquired a new position in M-tron Industries in the 4th quarter valued at approximately $89,000. Finally, Deutsche Bank AG raised its holdings in M-tron Industries by 2,341.4% in the 4th quarter. Deutsche Bank AG now owns 1,709 shares of the company’s stock valued at $91,000 after acquiring an additional 1,639 shares in the last quarter. 23.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MPTI has been the subject of several recent research reports. Zacks Research cut M-tron Industries from a “hold” rating to a “strong sell” rating in a report on Friday, March 13th. Freedom Capital cut M-tron Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

M-tron Industries Stock Up 2.3%

Shares of MPTI opened at $98.61 on Friday. The stock has a market cap of $426.00 million, a price-to-earnings ratio of 34.97, a P/E/G ratio of 1.71 and a beta of 0.72. M-tron Industries, Inc. has a 12 month low of $36.38 and a 12 month high of $102.00. The company has a 50-day moving average price of $76.50 and a two-hundred day moving average price of $65.91.

M-tron Industries (NYSEAMERICAN:MPTI) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The firm had revenue of $14.69 million during the quarter, compared to analysts’ expectations of $14.36 million. M-tron Industries had a net margin of 16.33% and a return on equity of 17.69%. Equities research analysts expect that M-tron Industries, Inc. will post 2.26 EPS for the current fiscal year.

Insider Buying and Selling

In other M-tron Industries news, CEO Cameron Pforr sold 840 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $66.78, for a total transaction of $56,095.20. Following the completion of the transaction, the chief executive officer owned 26,806 shares in the company, valued at $1,790,104.68. This trade represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,507 shares of company stock worth $100,637 in the last three months. 6.60% of the stock is owned by company insiders.

M-tron Industries Company Profile

M-tron Industries, Inc (NYSE American: MPTI) is a designer and manufacturer of high‐performance electromechanical motion control and power transmission systems. The company specializes in the development of precision motors, digital servo controllers, and rotary electrical interfaces that enable smooth, reliable operation in demanding environments. Its core offerings include frameless torque motors, brushless DC motors, multi‐circuit slip ring assemblies, and custom motor/controller packages tailored to specific customer requirements.

These products serve a diverse array of end markets, including defense and aerospace, industrial automation, robotics, medical imaging, and energy generation.