Astronics Co. (NASDAQ:ATRO) VP Mark Peabody sold 2,000 shares of the stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $44.16, for a total transaction of $88,320.00. Following the sale, the vice president now owns 23,368 shares in the company, valued at approximately $1,031,930.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Mark Peabody also recently made the following trade(s):
- On Friday, February 16th, Mark Peabody sold 2,000 shares of Astronics stock. The shares were sold at an average price of $41.82, for a total transaction of $83,640.00.
Shares of Astronics Co. (ATRO) traded down $0.55 during mid-day trading on Tuesday, reaching $41.33. 64,913 shares of the company traded hands, compared to its average volume of 124,955. Astronics Co. has a 52 week low of $23.95 and a 52 week high of $49.45. The company has a quick ratio of 1.57, a current ratio of 3.07 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $1,172.68, a PE ratio of 35.03, a P/E/G ratio of 2.10 and a beta of 1.16.
Hedge funds have recently modified their holdings of the stock. Aperio Group LLC purchased a new stake in Astronics in the fourth quarter worth approximately $283,000. Teacher Retirement System of Texas purchased a new stake in Astronics in the fourth quarter worth approximately $308,000. Unison Advisors LLC purchased a new stake in Astronics in the fourth quarter worth approximately $313,000. BlueCrest Capital Management Ltd purchased a new stake in Astronics in the fourth quarter worth approximately $326,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in Astronics in the fourth quarter worth approximately $328,000. Institutional investors own 67.63% of the company’s stock.
A number of equities research analysts have recently commented on the stock. SunTrust Banks reiterated a “hold” rating and set a $48.00 price target on shares of Astronics in a report on Friday, January 19th. Zacks Investment Research cut shares of Astronics from a “buy” rating to a “hold” rating in a report on Tuesday, February 6th. BidaskClub cut shares of Astronics from a “strong-buy” rating to a “buy” rating in a report on Tuesday, December 12th. Canaccord Genuity reiterated a “buy” rating and set a $46.00 price target on shares of Astronics in a report on Tuesday, December 12th. Finally, Dougherty & Co increased their price target on shares of Astronics from $35.00 to $40.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $46.25.
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Astronics Company Profile
Astronics Corporation is a supplier of products to the aerospace, defense, electronics and semiconductor industries. The Company’s products and services include electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification and automated test systems.
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