Barclays PLC Takes Position in M-tron Industries, Inc. (NYSEAMERICAN:MPTI)

Barclays PLC purchased a new stake in M-tron Industries, Inc. (NYSEAMERICAN:MPTI) in the third quarter, HoldingsChannel reports. The firm purchased 2,712 shares of the company’s stock, valued at approximately $114,000.

Separately, Evernest Financial Advisors LLC bought a new stake in M-tron Industries during the 3rd quarter worth approximately $865,000. 23.31% of the stock is owned by institutional investors.

Insider Transactions at M-tron Industries

In other news, Director Ivan Arteaga sold 1,600 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 364 shares of the company’s stock, valued at $18,440.24. This trade represents a 81.47 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 7.40% of the company’s stock.

M-tron Industries Price Performance

NYSEAMERICAN MPTI opened at $50.77 on Thursday. M-tron Industries, Inc. has a 52-week low of $23.00 and a 52-week high of $71.10. The company has a market cap of $145.71 million, a P/E ratio of 25.39, a price-to-earnings-growth ratio of 0.87 and a beta of 0.81.

About M-tron Industries

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.