Astronics CEO Peter Gundermann Buys 12,770 Shares

Peter Gundermann, the CEO of Astronics Corporation, recently purchased 12,770 shares of the company on June 15, 2026. This insider buying comes as the stock trades around $75.5 on the NasdaqGS.

Insider Buying and Selling at Astronics Corporation

Astronics saw several insiders buy shares on June 15, 2026. Alongside CEO Peter Gundermann, Robert Keane acquired 85,802 shares, while Fay West bought 1,517 shares. Nancy Hedges, the Principal Accounting Officer, purchased 6,974 shares, and Mark Peabody, Executive VP & President of Aerospace, bought 23,246 shares. Warren Johnson and Mark Moran also made significant purchases of 9,951 and 8,811 shares, respectively.

Other Institutional Activity in Astronics Corporation

BlackRock, Inc. increased its holdings by 27,042 shares, finishing with 2,825,410 shares valued at about $188.54 million. State Street Corp added 517,636 shares, resulting in 2,349,815 shares worth approximately $156.80 million. On the other hand, American Century Companies Inc reduced its stake by 26,662 shares, ending with 1,737,573 shares valued at $115.95 million. Vanguard Capital Management LLC established a new position with 1,388,899 shares valued at $92.68 million. Capital International Investors decreased its holdings by 560,939 shares, leaving it with 1,288,947 shares worth about $86.01 million.

Astronics Corporation Stock Down 0.3%

Shares of NasdaqGS:ATRO traded near $75.5. Astronics Corporation has a market cap of approximately $3.25 billion, a P/E ratio of 74.02, and a forward P/E of 28.99. The stock's beta is 1.152, indicating moderate volatility compared to the market. Astronics has a 52-week low of $21.76 and a high of $82.63, with a 50-day moving average of $63.47 and a 200-day moving average of $50.78. The company's current ratio is 2.971, with a quick ratio of 1.451, and a debt-to-equity ratio of 234.45.

Recent Earnings

Astronics reported revenue of $886.81 million, reflecting a growth rate of 12%. The company's net margin stands at 5.12%, with a return on equity of 21.18%. Astronics is expected to announce its next earnings on July 30, 2026.

Analysts Set New Price Targets

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

About Astronics Corporation

Astronics Corporation designs and manufactures products for the aerospace, defense, and electronics industries. Based in East Aurora, New York, the company operates through its Aerospace and Test Systems segments. The Aerospace segment provides lighting, safety systems, and avionics products, while the Test Systems segment offers automated test systems and simulation devices. Led by CEO Peter Gundermann, Astronics employs about 2,700 people.

Bottom Line

Astronics Corporation's recent insider buying, particularly by CEO Peter Gundermann, may catch investors' attention as a potential vote of confidence. The company's stock is trading near its recent highs, and analysts have maintained positive outlooks with high price targets. As a reminder, insider transactions and 13F filings reflect past actions and may not represent current positions.