Minerva Advisors LLC Lifted Position in Astronics Corp (ATRO)

May 22, 2018 - By Winifred Garcia

Astronics Corporation (NASDAQ:ATRO) LogoInvestors sentiment increased to 1.1 in Q4 2017. Its up 0.14, from 0.96 in 2017Q3. It is positive, as 5 investors sold ATRO shares while 45 reduced holdings. 26 funds opened positions while 29 raised stakes. 19.21 million shares or 5.67% more from 18.18 million shares in 2017Q3 were reported. Wilen Inv Corp holds 0.54% or 19,832 shares. Colorado-based Paradice Inv Mngmt Ltd Liability Company has invested 1.74% in Astronics Corporation (NASDAQ:ATRO). The New York-based Citigroup has invested 0% in Astronics Corporation (NASDAQ:ATRO). 18,264 were reported by Stone Ridge Asset Management. 139,805 were accumulated by Jacobs Levy Equity Mgmt. First Ltd Partnership has invested 0% of its portfolio in Astronics Corporation (NASDAQ:ATRO). Pnc Financial Svcs Group, Pennsylvania-based fund reported 24 shares. Sei Invs invested in 0% or 10,550 shares. 125,773 were reported by Frontier Capital Company Ltd. Moreover, California State Teachers Retirement Systems has 0% invested in Astronics Corporation (NASDAQ:ATRO) for 33,811 shares. Kennedy Cap Management accumulated 155,332 shares. California Pub Employees Retirement Sys accumulated 18,900 shares. Vanguard Grp Inc Inc reported 1.10 million shares. 24,376 are held by Comml Bank Of America Corp De. Teacher Retirement Systems Of Texas has 7,428 shares for 0% of their portfolio.

Since January 19, 2018, it had 0 insider buys, and 18 selling transactions for $1.49 million activity. $73,400 worth of Astronics Corporation (NASDAQ:ATRO) shares were sold by PEABODY MARK.

Minerva Advisors Llc increased its stake in Astronics Corp (ATRO) by 308.26% based on its latest 2017Q4 regulatory filing with the SEC. Minerva Advisors Llc bought 103,234 shares as the company’s stock declined 13.98% with the market. The hedge fund held 136,723 shares of the military and government and technical company at the end of 2017Q4, valued at $5.67M, up from 33,489 at the end of the previous reported quarter. Minerva Advisors Llc who had been investing in Astronics Corp for a number of months, seems to be bullish on the $1.00 billion market cap company. The stock decreased 0.81% or $0.29 during the last trading session, reaching $35.71. About 12,381 shares traded. Astronics Corporation (NASDAQ:ATRO) has risen 25.05% since May 22, 2017 and is uptrending. It has outperformed by 13.50% the S&P500.

More news for Astronics Corporation (NASDAQ:ATRO) were recently published by: Seekingalpha.com, which released: “Astronics down 4% post Q1 results” on May 09, 2018. Seekingalpha.com‘s article titled: “Astronics’ (ATRO) CEO Peter Gundermann on Q1 2018 Results – Earnings Call Transcript” and published on May 09, 2018 is yet another important article.

Astronics Corporation (NASDAQ:ATRO) Ratings Coverage

Among 2 analysts covering Astronics Corp (NASDAQ:ATRO), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Astronics Corp had 6 analyst reports since December 11, 2017 according to SRatingsIntel. The company was maintained on Monday, December 11 by Canaccord Genuity. The firm earned “Buy” rating on Tuesday, February 27 by Canaccord Genuity. The firm has “Hold” rating given on Thursday, May 10 by Canaccord Genuity. SunTrust maintained it with “Hold” rating and $48.0 target in Friday, January 19 report. On Monday, January 8 the stock rating was maintained by SunTrust with “Hold”. The stock has “Buy” rating by Canaccord Genuity on Friday, January 12.

Astronics Corporation (NASDAQ:ATRO) Institutional Positions Chart

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