GSA Capital Partners LLP Has $610,000 Holdings in M-tron Industries, Inc. (NYSEAMERICAN:MPTI)

GSA Capital Partners LLP cut its holdings in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI) by 6.1% in the third quarter, HoldingsChannel reports. The fund owned 14,634 shares of the company’s stock after selling 943 shares during the quarter. GSA Capital Partners LLP’s holdings in M-tron Industries were worth $610,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Truvestments Capital LLC purchased a new stake in shares of M-tron Industries during the 1st quarter worth about $165,000. CreativeOne Wealth LLC bought a new position in shares of M-tron Industries in the 1st quarter valued at approximately $210,000. O Shaughnessy Asset Management LLC raised its stake in shares of M-tron Industries by 4.4% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 8,466 shares of the company’s stock valued at $254,000 after acquiring an additional 357 shares in the last quarter. Avantax Advisory Services Inc. bought a new position in shares of M-tron Industries in the 1st quarter valued at approximately $361,000. Finally, Evernest Financial Advisors LLC bought a new position in shares of M-tron Industries in the 3rd quarter valued at approximately $865,000. 23.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at M-tron Industries

In other M-tron Industries news, Director Ivan Arteaga sold 1,600 shares of M-tron Industries stock in a transaction that occurred on Monday, October 14th. The stock was sold at an average price of $50.66, for a total value of $81,056.00. Following the transaction, the director now directly owns 364 shares of the company’s stock, valued at $18,440.24. The trade was a 81.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 7.40% of the stock is owned by company insiders.

M-tron Industries Trading Down 3.3 %

Shares of MPTI stock opened at $54.53 on Tuesday. M-tron Industries, Inc. has a twelve month low of $23.00 and a twelve month high of $62.50. The company has a market capitalization of $156.50 million, a P/E ratio of 27.20, a P/E/G ratio of 0.89 and a beta of 0.60.

M-tron Industries 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.