James William Tivy Sells 1,000 Shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI) Stock

M-tron Industries, Inc. (NYSEAMERICAN:MPTI) CFO James William Tivy sold 1,000 shares of the business’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $38.01, for a total transaction of $38,010.00. Following the transaction, the chief financial officer now directly owns 25,004 shares of the company’s stock, valued at approximately $950,402.04. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

James William Tivy also recently made the following trade(s):

• On Thursday, November 16th, James William Tivy sold 4,000 shares of M-tron Industries stock. The stock was sold at an average price of $33.56, for a total transaction of $134,240.00.

M-tron Industries Stock Performance

Shares of NYSEAMERICAN:MPTI traded up $1.41 on Monday, hitting $37.99. 102,690 shares of the company were exchanged, compared to its average volume of 14,955. M-tron Industries, Inc. has a one year low of $7.99 and a one year high of $39.76. The company has a market cap of $105.99 million and a price-to-earnings ratio of 29.00.

M-tron Industries (NYSEAMERICAN:MPTI) last posted its earnings results on Thursday, November 9th. The company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.28. The business had revenue of $10.89 million for the quarter, compared to analysts’ expectations of $10.30 million. M-tron Industries had a net margin of 9.23% and a return on equity of 22.92%. Equities analysts predict that M-tron Industries, Inc. will post 1.72 EPS for the current year.

Institutional Trading of M-tron Industries

Several large investors have recently added to or reduced their stakes in MPTI. Gamco Investors INC. ET AL lifted its holdings in M-tron Industries by 13.6% in the second quarter. Gamco Investors INC. ET AL now owns 270,968 shares of the company’s stock valued at $3,008,000 after buying an additional 32,500 shares during the period. Renaissance Technologies LLC acquired a new position in M-tron Industries in the fourth quarter valued at approximately $683,000. Dimensional Fund Advisors LP acquired a new position in M-tron Industries in the fourth quarter valued at approximately $443,000. Mcintyre Freedman & Flynn Investment Advisers Inc. acquired a new position in M-tron Industries in the fourth quarter valued at approximately $252,000. Finally, Geode Capital Management LLC acquired a new position in M-tron Industries in the second quarter valued at approximately $141,000. 22.13% of the stock is owned by institutional investors.

About M-tron Industries

M-tron Industries, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products. 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.