Acuitas Investments LLC Sells 15,841 Shares of AstroNova, Inc. (NASDAQ:ALOT)

Acuitas Investments LLC lessened its position in shares of AstroNova, Inc. (NASDAQ:ALOT) by 17.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,954 shares of the business services provider’s stock after selling 15,841 shares during the quarter. Acuitas Investments LLC owned about 0.98% of AstroNova worth $1,246,000 as of its most recent SEC filing.

AstroNova Stock Performance

Shares of NASDAQ:ALOT traded down $0.08 during midday trading on Friday, reaching $17.35. The company’s stock had a trading volume of 856 shares, compared to its average volume of 11,965. The firm has a market capitalization of $134.29 million, a PE ratio of 28.11 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 stock has a fifty day moving average of $17.42 and a 200 day moving average of $16.01. The company has a quick ratio of 1.02, a current ratio of 2.58 and a debt-to-equity ratio of 0.11.

AstroNova (NASDAQ:ALOT) last announced its quarterly earnings results on Friday, March 22nd. The business services provider reported $0.33 earnings per share (EPS) for the quarter. AstroNova had a net margin of 3.17% and a return on equity of 8.28%. The firm had revenue of $39.59 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of AstroNova in a research note on Monday, January 15th. They set a “strong-buy” rating on the stock.

Insider Buying and Selling at AstroNova

In other AstroNova news, VP Stephen M. Petrarca sold 5,000 shares of the stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $17.79, for a total transaction of $88,950.00. Following the transaction, the vice president now directly owns 27,784 shares of the company’s stock, valued at $494,277.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 17.70% of the company’s stock.

AstroNova 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).