Janney Montgomery Scott LLC Buys Shares of 4,945 M-tron Industries, Inc. (NYSEAMERICAN:MPTI)

Janney Montgomery Scott LLC purchased a new position in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,945 shares of the company's stock, valued at approximately $239,000. Janney Montgomery Scott LLC owned 0.17% of M-tron Industries at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of MPTI. Evernest Financial Advisors LLC acquired a new stake in M-tron Industries during the 3rd quarter worth $865,000. Truvestments Capital LLC raised 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 buying an additional 988 shares during the last quarter. Barclays PLC purchased a new position in M-tron Industries during the 3rd quarter worth $114,000. Finally, Geode Capital Management LLC raised its position in M-tron Industries by 18.6% during the 3rd quarter. Geode Capital Management LLC now owns 23,706 shares of the company's stock worth $989,000 after buying an additional 3,718 shares during the last quarter. Institutional investors and hedge funds own 23.31% of the company's stock.

M-tron Industries Stock Performance

M-tron Industries stock traded down $0.36 during trading hours on Friday, reaching $50.14. 35,683 shares of the stock were exchanged, compared to its average volume of 30,454. The company has a market cap of $145.91 million, a P/E ratio of 25.07, a PEG ratio of 0.85 and a beta of 1.20. M-tron Industries, Inc. has a 52-week low of $23.00 and a 52-week high of $71.10.

M-tron Industries Company 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.