37,566 Shares in AstroNova Inc (ALOT) Purchased by EAM Investors LLC

EAM Investors LLC bought a new position in shares of AstroNova Inc (NASDAQ:ALOT) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 37,566 shares of the business services provider’s stock, valued at approximately $708,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ALOT. Boston Partners bought a new position in AstroNova during the second quarter worth $541,000. Albert D Mason Inc. raised its stake in AstroNova by 164.7% during the first quarter. Albert D Mason Inc. now owns 38,552 shares of the business services provider’s stock worth $598,000 after buying an additional 23,985 shares during the last quarter. Mesirow Financial Investment Management Inc. bought a new position in AstroNova during the second quarter worth $356,000. Dimensional Fund Advisors LP raised its stake in AstroNova by 1.8% during the first quarter. Dimensional Fund Advisors LP now owns 528,206 shares of the business services provider’s stock worth $8,187,000 after buying an additional 9,544 shares during the last quarter. Finally, Punch & Associates Investment Management Inc. raised its stake in AstroNova by 2.2% during the first quarter. Punch & Associates Investment Management Inc. now owns 356,960 shares of the business services provider’s stock worth $5,533,000 after buying an additional 7,740 shares during the last quarter. 54.70% of the stock is owned by institutional investors and hedge funds.

In related news, VP Michael J. Natalizia sold 4,000 shares of AstroNova stock in a transaction on Wednesday, June 13th. The shares were sold at an average price of $19.10, for a total transaction of $76,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 10.40% of the stock is owned by company insiders.

Shares of NASDAQ ALOT opened at $17.65 on Tuesday. AstroNova Inc has a twelve month low of $11.00 and a twelve month high of $20.00. The firm has a market cap of $122.08 million, a P/E ratio of 25.80, a PEG ratio of 3.16 and a beta of -0.13. The company has a quick ratio of 1.38, a current ratio of 2.52 and a debt-to-equity ratio of 0.25.

AstroNova (NASDAQ:ALOT) last announced its earnings results on Tuesday, June 5th. The business services provider reported $0.12 earnings per share for the quarter. AstroNova had a net margin of 2.98% and a return on equity of 7.48%. The business had revenue of $31.49 million during the quarter. research analysts predict that AstroNova Inc will post 0.47 EPS for the current fiscal year.

A number of equities analysts recently weighed in on ALOT shares. TheStreet raised shares of AstroNova from a “c+” rating to a “b” rating in a research note on Monday, April 30th. Dougherty & Co started coverage on shares of AstroNova in a research note on Wednesday, June 13th. They set a “buy” rating for the company.

About AstroNova

AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Canada, Asia, Europe, Central and South America, and internationally. The company operates through two segments, Product Identification and Test & Measurement (T&M).

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Institutional Ownership by Quarter for AstroNova (NASDAQ:ALOT)

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