M-tron Industries, Inc. (NYSEAMERICAN:MPTI) Stock Holdings Lifted by Geode Capital Management LLC

Geode Capital Management LLC grew its stake in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI) by 18.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 23,706 shares of the company’s stock after acquiring an additional 3,718 shares during the period. Geode Capital Management LLC’s holdings in M-tron Industries were worth $989,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Evernest Financial Advisors LLC acquired a new stake in shares of M-tron Industries during the third quarter valued at approximately $865,000. Truvestments Capital LLC grew its position in M-tron Industries by 14.0% during the 3rd quarter. Truvestments Capital LLC now owns 8,057 shares of the company’s stock worth $336,000 after purchasing an additional 988 shares in the last quarter. Finally, Barclays PLC acquired a new stake in M-tron Industries during the 3rd quarter valued at $114,000. 23.31% of the stock is owned by institutional investors.

Insider Activity at M-tron Industries

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

M-tron Industries Stock Up 0.8 %

MPTI opened at $51.17 on Friday. The firm has a market capitalization of $146.86 million, a PE ratio of 25.59, a price-to-earnings-growth ratio of 0.87 and a beta of 0.81. M-tron Industries, Inc. has a 12-month low of $23.00 and a 12-month high of $71.10.

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.