Julie Davis Buys Shares of Astronics Corporation

Julie Davis, the Secretary of Astronics Corporation, purchased 1,783 shares of the company on June 15, 2026. This insider buying activity comes as Astronics trades on the Nasdaq under the ticker ATRO, with shares priced around $75.5.

Other Institutional Activity in Astronics Corporation

BlackRock, Inc. grew its holdings by 27,042 shares, ending with 2,825,410 shares worth about $188.5 million. State Street Corp added 517,636 shares, bringing its total to 2,349,815 shares valued at approximately $156.8 million. Meanwhile, American Century Companies Inc reduced its position by 26,662 shares, leaving it with 1,737,573 shares worth $115.9 million. Vanguard Capital Management LLC newly acquired 1,388,899 shares, valued at $92.7 million, and Capital International Investors cut its stake by 560,939 shares, holding 1,288,947 shares worth $86 million. Geode Capital Management, LLC increased its position by 130,647 shares, now holding 887,033 shares valued at $59.2 million.

Astronics Corporation Stock Down 0.3%

Shares of NasdaqGS:ATRO recently traded around $75.5. Astronics Corporation has a market capitalization of approximately $3.25 billion, with a P/E ratio of 74.0 and a forward P/E of 29.0, indicating expectations of future earnings growth. The stock has seen a 52-week low of $21.76 and a high of $82.63. Its 50-day moving average is $63.47, and its 200-day moving average is $50.78. Astronics holds a current ratio of 2.97 and a quick ratio of 1.45, with a debt-to-equity ratio of 234.45.

Recent Earnings

Astronics reported revenue of $886.8 million, reflecting a growth rate of 12%. The company achieved a net margin of 5.12% and a return on equity of 21.18%. Earnings per share were $1.02. The next earnings report is expected on July 30, 2026.

Insider Buying and Selling at Astronics Corporation

On June 15, 2026, several insiders at Astronics Corporation engaged in buying activity. Robert Keane acquired 85,802 shares, Fay West bought 1,517 shares, and Nancy Hedges, the Principal Accounting Officer, purchased 6,974 shares. Mark Peabody, Executive VP & President of Aerospace, acquired 23,246 shares. Warren Johnson and Mark Moran also bought 9,951 and 8,811 shares, respectively.

Analysts Set New Price Targets

On May 28, 2026, TD Cowen maintained its "buy" rating on Astronics with a price target of $100. Earlier, on February 25, 2026, Truist Securities also maintained a "buy" rating, setting a price target of $107. The consensus among analysts is a "buy" recommendation, with a mean target price of $76.15 based on five analyst opinions.

About Astronics Corporation

Astronics Corporation designs and manufactures products for the aerospace, defense, and electronics industries. Headquartered in East Aurora, New York, the company operates in two segments: Aerospace and Test Systems. The Aerospace segment provides lighting and safety systems, electrical power generation, and avionics products, among others. The Test Systems segment offers automated test systems for aerospace and defense, communications, and mass transit industries. Astronics serves OEMs, aircraft operators, and government contractors worldwide, and is led by CEO Mr. Peter J. Gundermann.

Bottom Line

Julie Davis's recent purchase of Astronics shares highlights insider confidence in the company. Astronics, trading under ticker ATRO, has seen significant institutional interest, with major funds adjusting their positions. Investors often track such insider and institutional activities for insights, but remember that these filings reflect past actions and may not indicate current positions.