Today, the President & CEO of Astronics Corp (ATRO), Peter Gundermann, bought shares of ATRO for $285.3K.
This recent transaction increases Peter Gundermann’s holding in the company by 1348.81% to a total of $18.82 million. In addition to Peter Gundermann, 2 other ATRO executives reported Buy trades in the last month.
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Based on Astronics Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $213 million and quarterly net profit of $17 million. In comparison, last year the company earned revenue of $150 million and had a net profit of $6.06 million. ATRO’s market cap is $939.8M and the company has a P/E ratio of 30.60. Currently, Astronics Corp has an average volume of 193.1K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $37.50, reflecting a 21.8% upside.
The insider sentiment on Astronics Corp has been positive according to 58 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Astronics Corp. engages in the provision of electrical power generation and distribution systems. It includes motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification, and automated test systems. It operates through the Aerospace, and Test Systems segments.
