AstroNova, Inc. (NASDAQ:ALOT) Director Mitchell I. Quain Buys 10,000 Shares

AstroNova, Inc. (NASDAQ:ALOT - Get Free Report) Director Mitchell I. Quain acquired 10,000 shares of the business's stock in a transaction dated Tuesday, June 17th. The shares were bought at an average cost of $9.05 per share, with a total value of $90,500.00. Following the transaction, the director now directly owns 97,719 shares of the company's stock, valued at $884,356.95. The trade was a 11.40% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

AstroNova Price Performance

Shares of AstroNova stock traded down $0.10 during trading on Friday, hitting $9.11. 5,354 shares of the company's stock traded hands, compared to its average volume of 12,627. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.67 and a quick ratio of 0.61. The firm's fifty day moving average price is $8.80 and its 200 day moving average price is $10.62. AstroNova, Inc. has a twelve month low of $7.53 and a twelve month high of $17.24. The company has a market cap of $69.21 million, a PE ratio of -4.28 and a beta of 0.70.

AstroNova (NASDAQ:ALOT - Get Free Report) last released its quarterly earnings data on Thursday, June 5th. The business services provider reported $0.05 earnings per share for the quarter. The company had revenue of $37.71 million for the quarter. AstroNova had a positive return on equity of 2.21% and a negative net margin of 10.28%.

Analysts Set New Price Targets

Separately, Wall Street Zen began coverage on AstroNova in a research report on Tuesday, May 20th. They set a "buy" rating on the stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ALOT. Geode Capital Management LLC increased its position in shares of AstroNova by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 70,535 shares of the business services provider's stock worth $847,000 after purchasing an additional 1,226 shares in the last quarter. Bridgeway Capital Management LLC grew its stake in AstroNova by 7.0% during the fourth quarter. Bridgeway Capital Management LLC now owns 39,274 shares of the business services provider's stock worth $472,000 after buying an additional 2,574 shares during the last quarter. Northern Trust Corp grew its stake in AstroNova by 14.6% during the fourth quarter. Northern Trust Corp now owns 65,359 shares of the business services provider's stock worth $785,000 after buying an additional 8,314 shares during the last quarter. Diamond Hill Capital Management Inc. increased its holdings in shares of AstroNova by 15.0% during the first quarter. Diamond Hill Capital Management Inc. now owns 96,063 shares of the business services provider's stock worth $883,000 after buying an additional 12,519 shares in the last quarter. Finally, Mink Brook Asset Management LLC bought a new position in shares of AstroNova in the fourth quarter valued at approximately $4,507,000. 43.02% of the stock is owned by institutional investors.

AstroNova Company Profile

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).