Astronics Co. (ATRO) VP Sells $83,640.00 in Stock
Astronics Co. (NASDAQ:ATRO) VP Mark Peabody sold 2,000 shares of the stock in a transaction on Friday, February 16th. The stock was sold at an average price of $41.82, for a total value of $83,640.00. Following the transaction, the vice president now owns 23,368 shares of the company’s stock, valued at $977,249.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Mark Peabody also recently made the following trade(s):
- On Friday, January 19th, Mark Peabody sold 2,000 shares of Astronics stock. The stock was sold at an average price of $44.16, for a total value of $88,320.00.
Astronics Co. (NASDAQ:ATRO) opened at $41.33 on Wednesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.57 and a current ratio of 3.07. Astronics Co. has a 12 month low of $23.95 and a 12 month high of $49.45. The stock has a market capitalization of $1,172.68, a price-to-earnings ratio of 35.49, a price-to-earnings-growth ratio of 2.10 and a beta of 1.49.
Several research firms have issued reports on ATRO. SunTrust Banks reiterated a “hold” rating and set a $48.00 price objective on shares of Astronics in a research note on Friday, January 19th. Zacks Investment Research lowered Astronics from a “buy” rating to a “hold” rating in a research note on Tuesday, February 6th. BidaskClub lowered Astronics from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, December 12th. Canaccord Genuity reiterated a “buy” rating and set a $46.00 price objective on shares of Astronics in a research note on Tuesday, December 12th. Finally, Dougherty & Co increased their price objective on Astronics from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $46.25.
Institutional investors have recently added to or reduced their stakes in the business. Paradice Investment Management LLC bought a new stake in shares of Astronics during the third quarter worth $14,771,000. International Value Advisers LLC bought a new stake in shares of Astronics during the third quarter worth $12,133,000. NWQ Investment Management Company LLC bought a new stake in shares of Astronics during the fourth quarter worth $14,580,000. Sei Investments Co. grew its holdings in shares of Astronics by 7,291,550.0% during the third quarter. Sei Investments Co. now owns 145,833 shares of the aerospace company’s stock worth $8,953,000 after purchasing an additional 145,831 shares during the last quarter. Finally, ACK Asset Management LLC grew its holdings in shares of Astronics by 18.1% during the fourth quarter. ACK Asset Management LLC now owns 926,700 shares of the aerospace company’s stock worth $38,430,000 after purchasing an additional 142,000 shares during the last quarter. Hedge funds and other institutional investors own 67.63% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Astronics Co. (ATRO) VP Sells $83,640.00 in Stock” was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The correct version of this story can be accessed at https://www.dailypolitical.com/2018/02/21/astronics-co-atro-vp-sells-83640-00-in-stock.html.
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.
Receive News & Ratings for Astronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Astronics and related companies with MarketBeat.com's FREE daily email newsletter.