MITCHAM INDUSTR/SH (NASDAQ:MIND) Shares Acquired by Teton Advisors Inc.

Teton Advisors Inc. grew its holdings in MITCHAM INDUSTR/SH (NASDAQ:MIND) by 33.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 200,000 shares of the company’s stock after acquiring an additional 49,931 shares during the quarter. Teton Advisors Inc. owned 1.65% of MITCHAM INDUSTR/SH worth $790,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. K.J. Harrison & Partners Inc lifted its holdings in shares of MITCHAM INDUSTR/SH by 85.0% during the first quarter. K.J. Harrison & Partners Inc now owns 75,301 shares of the company’s stock worth $296,000 after purchasing an additional 34,603 shares during the period. Eidelman Virant Capital acquired a new stake in shares of MITCHAM INDUSTR/SH during the second quarter worth about $542,000. White Pine Capital LLC lifted its holdings in shares of MITCHAM INDUSTR/SH by 33.2% during the first quarter. White Pine Capital LLC now owns 319,945 shares of the company’s stock worth $1,257,000 after purchasing an additional 79,745 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of MITCHAM INDUSTR/SH by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 923,913 shares of the company’s stock worth $2,365,000 after purchasing an additional 3,504 shares during the period. 73.18% of the stock is owned by institutional investors and hedge funds.

Shares of MITCHAM INDUSTR/SH stock remained flat at $$3.57 on Monday. The company has a current ratio of 4.80, a quick ratio of 3.22 and a debt-to-equity ratio of 0.06. MITCHAM INDUSTR/SH has a 1 year low of $2.50 and a 1 year high of $4.42. The company has a 50 day simple moving average of $3.98 and a 200-day simple moving average of $3.91.

MITCHAM INDUSTR/SH (NASDAQ:MIND) last released its earnings results on Wednesday, June 5th. The company reported ($0.24) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.05). MITCHAM INDUSTR/SH had a negative return on equity of 24.46% and a negative net margin of 36.18%. The firm had revenue of $9.86 million for the quarter.

MITCHAM INDUSTR/SH Profile

Mitcham Industries, Inc, through its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic and maritime security industries worldwide. The company operates in two segments, Marine Technology Products, and Equipment Leasing. The Marine Technology Products segment develops, manufactures, and sells proprietary products.

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Institutional Ownership by Quarter for MITCHAM INDUSTR/SH (NASDAQ:MIND)

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