MIND Technology, Inc. (NASDAQ:MIND) Shares Sold by Aegis Financial Corp

Aegis Financial Corp trimmed its holdings in shares of MIND Technology, Inc. (NASDAQ:MIND) by 6.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 89,457 shares of the company’s stock after selling 5,791 shares during the quarter. MIND Technology accounts for approximately 0.6% of Aegis Financial Corp’s portfolio, making the stock its 18th biggest position. Aegis Financial Corp owned about 6.34% of MIND Technology worth $710,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bank of New York Mellon Corp acquired a new stake in shares of MIND Technology in the fourth quarter valued at $458,000. Brighton Jones LLC purchased a new position in MIND Technology during the 4th quarter valued at about $138,000. Virtu Financial LLC grew its position in MIND Technology by 117.0% in the 4th quarter. Virtu Financial LLC now owns 24,095 shares of the company’s stock valued at $191,000 after acquiring an additional 12,991 shares in the last quarter. Finally, IFP Advisors Inc purchased a new stake in MIND Technology during the fourth quarter worth about $32,000. 9.83% of the stock is currently owned by hedge funds and other institutional investors.

MIND Technology Stock Down 2.8 %

NASDAQ:MIND opened at $6.23 on Thursday. MIND Technology, Inc. has a 52 week low of $3.05 and a 52 week high of $11.10. The company has a fifty day simple moving average of $8.25 and a two-hundred day simple moving average of $5.98. The company has a market cap of $8.76 million, a price-to-earnings ratio of 2.00 and a beta of 0.94.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of MIND Technology from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th.

MIND Technology Profile

MIND Technology, Inc, together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries worldwide. Its primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; SeaLink towed seismic streamer system; and Sea Serpent line of passive sonar arrays for maritime security and anti-submarine warfare applications.