Director Ivan Arteaga of M-Tron Industries Inc (MPTI, Financial) sold 2,000 shares of the company on October 14, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 364 shares of the company. The shares were sold at a price of $50.41 each, totaling $100,820.
M-Tron Industries Inc is engaged in the design, manufacture, and sale of electronic components used in various applications across multiple industries. The company's products include oscillators, transformers, and other related electronic components.
Over the past year, Ivan Arteaga has sold a total of 11,274 shares and has not made any purchases of the company's stock. The insider transaction history for M-Tron Industries Inc shows a trend with 1 insider buy and 16 insider sells over the past year.
On the day of the sale, M-Tron Industries Inc (MPTI, Financial) shares were trading at $50.41, giving the company a market cap of $138.322 million. The price-earnings ratio of the company stands at 28.14, which is above both the industry median of 22.92 and the company's historical median.
For more detailed valuation metrics, such as price-sales ratio, price-book ratio, and price-to-free cash flow, investors may refer to the GF Value of the stock.
This sale by the insider may be of interest to current and potential investors trying to understand recent insider activities and their implications on M-Tron Industries Inc's stock performance.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
