Insider Selling: AstroNova Inc (ALOT) VP Sells 4,000 Shares of Stock

AstroNova Inc (NASDAQ:ALOT) VP Michael J. Natalizia sold 4,000 shares of the stock in a transaction that occurred on Wednesday, June 13th. The shares were sold at an average price of $19.10, for a total transaction of $76,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of NASDAQ:ALOT traded up $0.60 during trading hours on Thursday, reaching $19.80. The stock had a trading volume of 28,705 shares, compared to its average volume of 24,252. AstroNova Inc has a 1 year low of $11.00 and a 1 year high of $20.00. The company has a current ratio of 2.52, a quick ratio of 1.38 and a debt-to-equity ratio of 0.25. The company has a market cap of $124.48 million, a PE ratio of 26.30 and a beta of -0.11.

AstroNova (NASDAQ:ALOT) last announced its quarterly earnings data on Tuesday, June 5th. The business services provider reported $0.12 EPS for the quarter. AstroNova had a net margin of 2.98% and a return on equity of 7.48%. The company had revenue of $31.49 million for the quarter.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 15th will be given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend is Thursday, June 14th.

Several large investors have recently made changes to their positions in the business. Renaissance Technologies LLC increased its position in shares of AstroNova by 2.7% in the 4th quarter. Renaissance Technologies LLC now owns 182,750 shares of the business services provider’s stock valued at $2,531,000 after purchasing an additional 4,800 shares during the last quarter. Kokino LLC increased its position in shares of AstroNova by 55.1% in the 4th quarter. Kokino LLC now owns 21,745 shares of the business services provider’s stock valued at $301,000 after purchasing an additional 7,728 shares during the last quarter. Punch & Associates Investment Management Inc. increased its position in shares of AstroNova by 2.2% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 356,960 shares of the business services provider’s stock valued at $5,533,000 after purchasing an additional 7,740 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of AstroNova by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 528,206 shares of the business services provider’s stock valued at $8,187,000 after purchasing an additional 9,544 shares during the last quarter. Finally, Spark Investment Management LLC acquired a new position in shares of AstroNova in the 4th quarter valued at $180,000. 53.65% of the stock is currently owned by institutional investors.

A number of equities research analysts have commented on the stock. TheStreet raised shares of AstroNova from a “c+” rating to a “b” rating in a research report on Monday, April 30th. Dougherty & Co assumed coverage on shares of AstroNova in a research report on Wednesday. They issued a “buy” rating on the stock.

AstroNova Company Profile

AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Canada, and Western Europe. The company operates in two segments, Product Identification and Test & Measurement. The Product Identification segment offers digital color label printers and specialty OEM printing systems; and consumables, such as labels, tags, inks, toner, and thermal transfer ribbons, as well as software used to design and print labels under the QuickLabel brand.

Insider Buying and Selling by Quarter for AstroNova (NASDAQ:ALOT)

Receive News & Ratings for AstroNova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AstroNova and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit