Point72 Asset Management, L.P. Adds $6M in Astronics Corporation ($ATRO)
Key Points
- Point72 Asset Management, L.P. changed its Astronics Corporation ($ATRO) stake by 14.07% last quarter, boosting to 567,240 shares worth $46.09 million.
- Wall Street's consensus rating on $ATRO is Buy and an average price target of $89.55.
- $ATRO last traded around $81.26.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Point72 Asset Management, L.P. increased its position in Astronics Corporation ($ATRO) by 14.07% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 567,240 shares of Astronics Corporation after buying 69,980 shares during the quarter. Point72 Asset Management, L.P.'s holdings in Astronics Corporation were worth $46.09 million as of its most recent filing.
Astronics Corporation Stock Up 7.3%
Shares of Astronics Corporation ($ATRO) traded around $81.26 on Saturday, up 7.3% for the day.
Astronics Corporation Earnings
Analysts Set New Price Targets
About Astronics Corporation
Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, systems certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial transport, military, and general aviation markets; suppliers to OEMs; and aircraft operators, such as airlines; suppliers to the aircraft operators; and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, communications, and mass transit industries, as well as training and simulation devices for commercial and military applications. This segment serves OEMs and prime government contractors for electronics and military products. The company was incorporated in 1968 and is headquartered in East Aurora, New York.
Get Astronics Corporation alerts
New 13F filings, insider trades, and analyst moves on $ATRO, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.