Stephen M. Petrarca Sells 5,000 Shares of AstroNova, Inc. (NASDAQ:ALOT) Stock

AstroNova, Inc. (NASDAQ:ALOTGet Free Report) VP Stephen M. Petrarca sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, March 27th. The stock was sold at an average price of $17.79, for a total value of $88,950.00. Following the transaction, the vice president now owns 27,784 shares in the company, valued at approximately $494,277.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

AstroNova Trading Down 0.3 %

NASDAQ:ALOT opened at $17.82 on Friday. AstroNova, Inc. has a fifty-two week low of $11.79 and a fifty-two week high of $18.83. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.28 and a quick ratio of 0.89. The stock has a market capitalization of $132.40 million, a PE ratio of 28.74 and a beta of 0.62. The business’s 50-day simple moving average is $17.55 and its 200-day simple moving average is $15.39.

Institutional Investors Weigh In On AstroNova

Hedge funds and other institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its position in AstroNova by 124.8% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,136 shares of the business services provider’s stock valued at $25,000 after buying an additional 1,186 shares during the last quarter. Royal Bank of Canada raised its position in AstroNova by 36.6% in the 2nd quarter. Royal Bank of Canada now owns 12,019 shares of the business services provider’s stock valued at $175,000 after buying an additional 3,219 shares during the last quarter. State Street Corp raised its position in AstroNova by 15.9% in the 1st quarter. State Street Corp now owns 18,889 shares of the business services provider’s stock valued at $287,000 after buying an additional 2,589 shares during the last quarter. Northern Trust Corp raised its position in AstroNova by 5.1% in the 2nd quarter. Northern Trust Corp now owns 48,539 shares of the business services provider’s stock valued at $704,000 after buying an additional 2,338 shares during the last quarter. Finally, BlackRock Inc. raised its position in AstroNova by 3.3% in the 2nd quarter. BlackRock Inc. now owns 74,791 shares of the business services provider’s stock valued at $1,084,000 after buying an additional 2,402 shares during the last quarter. Institutional investors and hedge funds own 43.02% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. StockNews.com assumed coverage on AstroNova in a report on Monday, January 15th. They set a “strong-buy” rating on the stock. TheStreet upgraded AstroNova from a “c” rating to a “b-” rating in a report on Wednesday, December 6th.

Check Out Our Latest Stock Report on ALOT

AstroNova Company Profile

(Get Free Report)

AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally. The company operates in two segments, Product Identification (PI) and Test & Measurement (T&M).

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