AstroNova, Inc. (NASDAQ:ALOT) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC boosted its stake in shares of AstroNova, Inc. (NASDAQ:ALOT) by 10.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 69,309 shares of the business services provider’s stock after acquiring an additional 6,592 shares during the quarter. Geode Capital Management LLC owned 0.92% of AstroNova worth $933,000 at the end of the most recent reporting period.

Separately, Diamond Hill Capital Management Inc. raised its holdings in AstroNova by 23.6% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 68,000 shares of the business services provider’s stock worth $915,000 after purchasing an additional 13,000 shares during the period. 43.02% of the stock is owned by institutional investors and hedge funds.

AstroNova Stock Performance

NASDAQ:ALOT opened at $11.75 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.73 and a current ratio of 1.87. The stock has a market capitalization of $88.47 million, a PE ratio of 13.99 and a beta of 0.67. AstroNova, Inc. has a fifty-two week low of $11.53 and a fifty-two week high of $18.83. The company has a fifty day moving average of $13.85 and a two-hundred day moving average of $14.16.

AstroNova (NASDAQ:ALOT) last released its quarterly earnings results on Thursday, December 12th. The business services provider reported $0.06 earnings per share for the quarter. AstroNova had a net margin of 4.20% and a return on equity of 7.77%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut AstroNova from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 12th.

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).