M-tron Industries, Inc. (NYSEAMERICAN:MPTI – Get Rating) major shareholder Mario J. Gabelli sold 9,000 shares of the stock in a transaction that occurred on Wednesday, December 28th. The shares were sold at an average price of $9.01, for a total value of $81,090.00. Following the completion of the sale, the insider now directly owns 241,337 shares of the company's stock, valued at approximately $2,174,446.37. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Large shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.
M-tron Industries Price Performance
MPTI opened at $8.75 on Monday. M-tron Industries, Inc. has a 1-year low of $7.99 and a 1-year high of $21.00.
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M-tron Industries, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products. 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.Featured Articles
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