EAM Investors LLC Raises Stake in M-tron Industries, Inc. (NYSEAMERICAN:MPTI)

EAM Investors LLC boosted its holdings in shares of M-tron Industries, Inc. (NYSEAMERICAN:MPTI - Free Report) by 186.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,188 shares of the company's stock after buying an additional 12,479 shares during the quarter. EAM Investors LLC owned 0.66% of M-tron Industries worth $929,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Walleye Capital LLC acquired a new position in shares of M-tron Industries during the fourth quarter worth about $1,844,000. Next Century Growth Investors LLC acquired a new stake in shares of M-tron Industries in the 4th quarter valued at $4,560,000. Concorde Asset Management LLC purchased a new stake in shares of M-tron Industries during the 4th quarter worth $917,000. Renaissance Technologies LLC grew its stake in shares of M-tron Industries by 139.7% during the fourth quarter. Renaissance Technologies LLC now owns 39,805 shares of the company's stock worth $1,928,000 after purchasing an additional 23,200 shares in the last quarter. Finally, American Century Companies Inc. purchased a new position in M-tron Industries in the fourth quarter valued at $474,000. Hedge funds and other institutional investors own 23.31% of the company's stock.

M-tron Industries Stock Performance

NYSEAMERICAN MPTI traded up $2.74 during trading on Tuesday, reaching $52.59. 12,616 shares of the company's stock were exchanged, compared to its average volume of 52,694. M-tron Industries, Inc. has a 1 year low of $24.68 and a 1 year high of $71.10. The stock has a market cap of $153.02 million, a P/E ratio of 26.29, a price-to-earnings-growth ratio of 0.69 and a beta of 1.20. The company has a 50 day moving average price of $44.14 and a two-hundred day moving average price of $49.29.

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.