6 days Ago By Defense World Staff
Renaissance Technologies LLC decreased its holdings in shares of Mistras Group, Inc. ( NYSE:MG – Free Report ) by 12.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC.
The fund owned 154,500 shares of the technology company’s stock after selling 21,700 shares during the quarter. Renaissance Technologies LLC owned 0.50% of Mistras Group worth $1,400,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Heck Capital Advisors LLC purchased a new position in shares of Mistras Group during the fourth quarter worth approximately $50,000. EntryPoint Capital LLC purchased a new position in Mistras Group during the 4th quarter worth $102,000.
Trexquant Investment LP raised its position in Mistras Group by 31.7% during the 4th quarter. Trexquant Investment LP now owns 27,619 shares of the technology company’s stock valued at $250,000 after purchasing an additional 6,642 shares in the last quarter.
American Century Companies Inc. lifted its holdings in shares of Mistras Group by 35.6% in the 4th quarter.
American Century Companies Inc. now owns 32,374 shares of the technology company’s stock worth $293,000 after buying an additional 8,499 shares during the period. Finally, Barclays PLC grew its position in shares of Mistras Group by 118.
5% during the 3rd quarter. Barclays PLC now owns 37,760 shares of the technology company’s stock worth $430,000 after buying an additional 20,482 shares in the last quarter. 74.
92% of the stock is owned by institutional investors. Analysts Set New Price Targets Separately, StockNews.com lowered shares of Mistras Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 11th.
Insider Buying and Selling at Mistras Group In other news, Director Nicholas Debenedictis acquired 10,000 shares of the business’s stock in a transaction dated Tuesday, March 18th. The shares were purchased at an average price of $9.84 per share, with a total value of $98,400.
00. Following the transaction, the director now directly owns 217,511 shares in the company, valued at approximately $2,140,308.24.
This represents a 4.82 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink .
Insiders own 12.30% of the company’s stock. Mistras Group Price Performance NYSE MG opened at $9.
22 on Tuesday. The company has a market cap of $288.64 million, a PE ratio of 26.
34, a P/E/G ratio of 0.73 and a beta of 1.34.
The firm’s 50 day moving average price is $9.77 and its 200-day moving average price is $9.67.
The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.55 and a current ratio of 1.
68. Mistras Group, Inc. has a 52-week low of $7.
45 and a 52-week high of $12.44. Mistras Group Company Profile ( Free Report ) Mistras Group, Inc provides technology-enabled asset protection solutions in the United States, other Americas, Europe, and the Asia-Pacific.
The company offers non-destructive testing services; inline inspection for pipelines; and plant condition management software. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets. See Also Five stocks we like better than Mistras Group Investing in Construction Stocks Best Defense Stocks in 2025.
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com to get the latest 13F filings and insider trades for Mistras Group, Inc. ( NYSE:MG – Free Report ). Receive News & Ratings for Mistras Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mistras Group and related companies with MarketBeat.
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