M-tron Industries, Inc. (NYSEAMERICAN:MPTI) Shares Sold by Mcintyre Freedman & Flynn Investment Advisers Inc.

Mcintyre Freedman & Flynn Investment Advisers Inc. decreased its holdings in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,000 shares of the company’s stock after selling 1,000 shares during the quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. owned approximately 0.77% of M-tron Industries worth $1,065,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in MPTI. Illumine Investment Management LLC purchased a new stake in shares of M-tron Industries during the fourth quarter worth approximately $1,134,000. Janney Montgomery Scott LLC purchased a new stake in shares of M-tron Industries during the fourth quarter worth approximately $239,000. Barclays PLC purchased a new stake in shares of M-tron Industries during the third quarter worth approximately $114,000. Geode Capital Management LLC raised its stake in shares of M-tron Industries by 18.6% during the third quarter. Geode Capital Management LLC now owns 23,706 shares of the company’s stock worth $989,000 after purchasing an additional 3,718 shares during the last quarter. Finally, Truvestments Capital LLC raised its stake in shares of M-tron Industries by 14.0% during the third quarter. Truvestments Capital LLC now owns 8,057 shares of the company’s stock worth $336,000 after purchasing an additional 988 shares during the last quarter. Hedge funds and other institutional investors own 23.31% of the company’s stock.

M-tron Industries Price Performance

Shares of MPTI stock opened at $39.00 on Tuesday. The business’s fifty day simple moving average is $51.04. M-tron Industries, Inc. has a 1-year low of $19.17 and a 1-year high of $59.25. The firm has a market capitalization of $113.49 million, a price-to-earnings ratio of 19.50, a PEG ratio of 0.69 and a beta of 1.20.

M-tron Industries Company 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.