Richard S. Warzala Buys 20,000 Shares of AstroNova, Inc. (NASDAQ:ALOT) Stock

AstroNova, Inc. (NASDAQ:ALOT) Director Richard S. Warzala bought 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 17th. The stock was bought at an average price of $8.07 per share, with a total value of $161,400.00. Following the transaction, the director now directly owns 60,385 shares in the company, valued at $487,306.95. This represents a 49.52 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

AstroNova Stock Performance

Shares of NASDAQ ALOT opened at $8.14 on Friday. AstroNova, Inc. has a 1 year low of $7.53 and a 1 year high of $18.25. The firm has a market cap of $61.66 million, a P/E ratio of 16.28 and a beta of 0.49. The stock has a fifty day moving average price of $9.57 and a two-hundred day moving average price of $12.01. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.77 and a current ratio of 1.83.

AstroNova (NASDAQ:ALOT) last released its earnings results on Monday, April 14th. The business services provider reported $0.06 earnings per share (EPS) for the quarter. AstroNova had a return on equity of 5.21% and a net margin of 2.49%. The firm had revenue of $37.36 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of AstroNova in a research note on Saturday. They issued a “buy” rating for the company.

Institutional Trading of AstroNova

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bridgeway Capital Management LLC grew its position in AstroNova by 7.0% in 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 holdings in shares of AstroNova by 14.6% in the 4th quarter. Northern Trust Corp now owns 65,359 shares of the business services provider’s stock worth $785,000 after acquiring an additional 8,314 shares during the last quarter. Geode Capital Management LLC raised its position in shares of AstroNova by 1.8% during the fourth 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 during the period. Diamond Hill Capital Management Inc. lifted its holdings in shares of AstroNova by 22.9% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 83,544 shares of the business services provider’s stock valued at $1,003,000 after purchasing an additional 15,544 shares during the last quarter. Finally, Peapod Lane Capital LLC acquired a new position in shares of AstroNova in the 4th quarter valued at $1,536,000. 43.02% of the stock is owned by institutional investors and hedge funds.

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).