Insider Selling: M-tron Industries (NYSEAMERICAN:MPTI) President Sells $24,107.58 in Stock

M-tron Industries, Inc. (NYSEAMERICAN:MPTI) President William Arnold Drafts sold 361 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 value of $24,107.58. Following the completion of the sale, the president directly owned 13,816 shares in the company, valued at approximately $922,632.48. This represents a 2.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

M-tron Industries Stock Performance

Shares of NYSEAMERICAN:MPTI opened at $81.20 on Friday. The company has a market cap of $350.78 million, a P/E ratio of 28.79, a P/E/G ratio of 1.41 and a beta of 0.57. The stock’s 50-day moving average is $66.14 and its 200-day moving average is $59.98. M-tron Industries, Inc. has a 52-week low of $36.38 and a 52-week high of $87.23.

M-tron Industries (NYSEAMERICAN:MPTI) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. The company had revenue of $14.69 million for the quarter, compared to the consensus estimate of $14.36 million. M-tron Industries had a return on equity of 20.45% and a net margin of 16.33%. As a group, equities analysts predict that M-tron Industries, Inc. will post 2.18 EPS for the current year.

Analysts Set New Price Targets

Separately, Zacks Research downgraded M-tron Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, M-tron Industries has an average rating of “Moderate Buy”.

Institutional Investors Weigh In On M-tron Industries

A number of institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its position in M-tron Industries by 6.0% during the first quarter. Dimensional Fund Advisors LP now owns 44,988 shares of the company’s stock worth $3,007,000 after buying an additional 2,540 shares in the last quarter. Millennium Management LLC acquired a new stake in M-tron Industries during the fourth quarter worth about $237,000. Barclays PLC grew its position in M-tron Industries by 7.1% during the fourth quarter. Barclays PLC now owns 3,830 shares of the company’s stock worth $204,000 after buying an additional 254 shares in the last quarter. Advisory Research Inc. acquired a new stake in M-tron Industries during the fourth quarter worth about $1,895,000. Finally, First Trust Advisors LP grew its position in M-tron Industries by 2.7% during the fourth quarter. First Trust Advisors LP now owns 8,244 shares of the company’s stock worth $439,000 after buying an additional 216 shares in the last quarter. 23.31% of the stock is owned by institutional investors and hedge funds.

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.