M-tron Industries (NYSEAMERICAN:MPTI) Downgraded to “Hold” Rating by Freedom Capital

Freedom Capital lowered shares of M-tron Industries (NYSEAMERICAN:MPTI) from a strong-buy rating to a hold rating in a research report sent to investors on Wednesday,Zacks.com reports.

Separately, Zacks Research downgraded shares of M-tron Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold”.

M-tron Industries Price Performance

NYSEAMERICAN:MPTI opened at $79.11 on Wednesday. The firm has a market capitalization of $341.76 million, a PE ratio of 28.05, a price-to-earnings-growth ratio of 1.36 and a beta of 0.57. The business’s fifty day moving average price is $67.30 and its 200 day moving average price is $60.78. M-tron Industries has a 12 month low of $36.38 and a 12 month high of $87.23.

M-tron Industries (NYSEAMERICAN:MPTI) last posted its earnings results on Friday, May 8th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. M-tron Industries had a return on equity of 20.45% and a net margin of 16.33%.The firm had revenue of $14.69 million for the quarter, compared to analyst estimates of $14.36 million. As a group, equities analysts anticipate that M-tron Industries will post 2.18 EPS for the current year.

Insider Buying and Selling at M-tron Industries

In other news, CEO Cameron Pforr sold 840 shares of the 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 sale, the chief executive officer owned 26,806 shares in the company, valued at approximately $1,790,104.68. This represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 currently owned by corporate insiders.

Institutional Investors Weigh In On M-tron Industries

Several hedge funds have recently made changes to their positions in MPTI. Advisory Research Inc. acquired a new stake in shares of M-tron Industries during the fourth quarter worth about $1,895,000. Herald Investment Management Ltd boosted its stake in shares of M-tron Industries by 57.1% during the third quarter. Herald Investment Management Ltd now owns 55,000 shares of the company’s stock worth $3,035,000 after buying an additional 20,000 shares during the period. Renaissance Technologies LLC boosted its stake in shares of M-tron Industries by 34.3% during the fourth quarter. Renaissance Technologies LLC now owns 60,559 shares of the company’s stock worth $3,223,000 after buying an additional 15,454 shares during the period. Two Sigma Investments LP lifted its position in M-tron Industries by 228.0% in the third quarter. Two Sigma Investments LP now owns 21,700 shares of the company’s stock valued at $1,204,000 after purchasing an additional 15,085 shares during the period. Finally, Aristides Capital LLC lifted its position in M-tron Industries by 21.5% in the first quarter. Aristides Capital LLC now owns 65,673 shares of the company’s stock valued at $4,390,000 after purchasing an additional 11,619 shares during the period. Institutional investors and hedge funds own 23.31% of the company’s stock.

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.