Virtu Financial LLC Acquires 12,991 Shares of MIND Technology, Inc. (NASDAQ:MIND)

Virtu Financial LLC raised its holdings in shares of MIND Technology, Inc. (NASDAQ:MIND) by 117.0% in the 4th quarter, Holdings Channel reports. The firm owned 24,095 shares of the company’s stock after purchasing an additional 12,991 shares during the quarter. Virtu Financial LLC’s holdings in MIND Technology were worth $191,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MIND. Brighton Jones LLC bought a new stake in MIND Technology during the 4th quarter valued at about $138,000. IFP Advisors Inc bought a new stake in shares of MIND Technology during the fourth quarter valued at approximately $32,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of MIND Technology in the fourth quarter valued at approximately $458,000. 9.83% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered MIND Technology from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th.

MIND Technology Price Performance

NASDAQ:MIND opened at $5.89 on Friday. MIND Technology, Inc. has a 1-year low of $3.05 and a 1-year high of $11.10. The company has a 50-day moving average of $8.19 and a 200 day moving average of $6.02. The firm has a market cap of $8.28 million, a PE ratio of 1.89 and a beta of 0.94.

MIND Technology Profile

MIND Technology, Inc, together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries worldwide. Its primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; SeaLink towed seismic streamer system; and Sea Serpent line of passive sonar arrays for maritime security and anti-submarine warfare applications.