New insider activity at Mistras Group ( (MG) ) has taken place on March 21, 2025.
Director Nicholas Debenedictis has made a significant investment by purchasing 20,000 shares of Mistras Group stock, amounting to $198,768. Additionally, EC Manuel Stamatakis has also shown confidence in the company by acquiring 10,000 shares, valued at $99,500.
Recent Updates on MG stock
Mistras Group’s stock saw a significant increase of 16.1% to $10.67 following the release of its Q4 earnings report, which highlighted substantial financial achievements and strategic initiatives. The company reported a 25% year-over-year growth in adjusted EBITDA and a 13% revenue increase in the aerospace and defense sector, underscoring strong performance in these areas. Effective cost management and successful debt reduction further strengthened its financial position. However, challenges were noted in the North American market and data analytics solutions, with revenue declines attributed to industry-specific hurdles. The passing of founder Sotirios Vahaviolos was also announced, marking a significant moment for the company. Despite these challenges, Mistras remains optimistic about future growth, focusing on expanding its data analytics solutions and increasing market share in aerospace and defense.
More about Mistras Group
YTD Price Performance: 13.40%
Average Trading Volume: 125,520
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $306.3M