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

AstroNova, Inc. (NASDAQ:ALOT) VP Stephen M. Petrarca sold 5,000 shares of AstroNova stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of $17.79, for a total transaction of $88,950.00. Following the completion of the transaction, the vice president now directly owns 27,784 shares of the company’s stock, valued at $494,277.36. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

AstroNova Stock Down 0.3 %

NASDAQ:ALOT traded down $0.06 during mid-day trading on Thursday, hitting $17.82. 6,811 shares of the company’s stock traded hands, compared to its average volume of 12,054. The company has a market capitalization of $132.40 million, a P/E ratio of 28.74 and a beta of 0.62. AstroNova, Inc. has a twelve month low of $11.79 and a twelve month high of $18.83. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.89 and a current ratio of 2.28. The company has a fifty day moving average of $17.54 and a 200 day moving average of $15.34.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ALOT shares. StockNews.com started coverage on AstroNova in a research note on Monday, January 15th. They set a “strong-buy” rating on the stock. TheStreet raised shares of AstroNova from a “c” rating to a “b-” rating in a research report on Wednesday, December 6th.

Institutional Trading of AstroNova

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ALOT. Juniper Investment Company LLC increased its holdings in AstroNova by 14.3% in the 2nd quarter. Juniper Investment Company LLC now owns 535,203 shares of the business services provider’s stock worth $7,760,000 after buying an additional 66,952 shares during the period. Vanguard Group Inc. lifted its position in AstroNova by 3.9% during the third quarter. Vanguard Group Inc. now owns 346,401 shares of the business services provider’s stock valued at $4,330,000 after purchasing an additional 13,111 shares during the period. Northern Trust Corp boosted its holdings in AstroNova by 16.3% in the fourth quarter. Northern Trust Corp now owns 56,879 shares of the business services provider’s stock valued at $925,000 after purchasing an additional 7,957 shares during the last quarter. Dimensional Fund Advisors LP grew its position in AstroNova by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 543,927 shares of the business services provider’s stock worth $8,251,000 after purchasing an additional 3,388 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of 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 period. Institutional investors and hedge funds own 43.02% of the company’s stock.

About AstroNova

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).