Bard Associates Inc. Reduces Holdings in M-tron Industries, Inc. $MPTI

Bard Associates Inc. trimmed its stake in M-tron Industries, Inc. (NYSEAMERICAN:MPTI) by 50.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,129 shares of the company’s stock after selling 88,188 shares during the period. Bard Associates Inc. owned approximately 2.94% of M-tron Industries worth $4,584,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of MPTI. Advisory Research Inc. purchased a new position in M-tron Industries during the 4th quarter worth $1,895,000. Herald Investment Management Ltd grew its position in M-tron Industries by 57.1% during the 3rd quarter. Herald Investment Management Ltd now owns 55,000 shares of the company’s stock worth $3,035,000 after purchasing an additional 20,000 shares during the last quarter. Renaissance Technologies LLC grew its position in M-tron Industries by 34.3% during the 4th quarter. Renaissance Technologies LLC now owns 60,559 shares of the company’s stock worth $3,223,000 after purchasing an additional 15,454 shares during the last quarter. Two Sigma Investments LP grew its position in M-tron Industries by 228.0% during the 3rd quarter. Two Sigma Investments LP now owns 21,700 shares of the company’s stock worth $1,204,000 after purchasing an additional 15,085 shares during the last quarter. Finally, Marshall Wace LLP grew its position in M-tron Industries by 25.6% during the 2nd quarter. Marshall Wace LLP now owns 56,263 shares of the company’s stock worth $2,363,000 after purchasing an additional 11,470 shares during the last quarter. 23.31% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at M-tron Industries

In other news, CEO Cameron Pforr sold 840 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $66.78, for a total value of $56,095.20. Following the completion of the sale, the chief executive officer owned 26,806 shares in the company, valued at approximately $1,790,104.68. This trade represents a 3.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 1,507 shares of company stock valued at $100,637. 6.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

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

M-tron Industries Stock Performance

Shares of M-tron Industries stock opened at $98.61 on Friday. M-tron Industries, Inc. has a 1 year low of $36.38 and a 1 year high of $102.00. The company has a market capitalization of $426.00 million, a P/E ratio of 34.97, a PEG ratio of 1.75 and a beta of 0.72. The company’s fifty day moving average is $76.50 and its two-hundred day moving average is $65.91.

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

M-tron Industries 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.