Brighton Jones LLC Buys New Shares in MIND Technology, Inc. (NASDAQ:MIND)

Brighton Jones LLC acquired a new stake in shares of MIND Technology, Inc. (NASDAQ:MIND) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 17,318 shares of the company’s stock, valued at approximately $138,000.

Separately, Virtu Financial LLC purchased a new stake in shares of MIND Technology during the third quarter valued at approximately $43,000. Institutional investors and hedge funds own 9.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut MIND Technology from a “buy” rating to a “hold” rating in a research note on Tuesday.

MIND Technology Price Performance

MIND stock opened at $8.70 on Wednesday. MIND Technology, Inc. has a 1-year low of $3.05 and a 1-year high of $9.35. The stock has a market capitalization of $12.27 million, a P/E ratio of 2.80 and a beta of 0.90. The business has a fifty day moving average price of $6.45 and a 200-day moving average price of $4.86.

MIND Technology (NASDAQ:MIND) last announced its quarterly earnings results on Tuesday, December 10th. The company reported $2.87 earnings per share (EPS) for the quarter. MIND Technology had a net margin of 9.92% and a negative return on equity of 104.48%.

About MIND Technology

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.