Neil Kim Acquires Shares in Astronics Corporation

Neil Kim recently bought 920 shares of Astronics Corporation on June 15, 2026. This insider purchase comes as Astronics trades around $75.5 per share on the NasdaqGS. The company, which operates in the aerospace and defense sector, has a market cap of approximately $3.25 billion.

Insider Buying and Selling at Astronics Corporation

On June 15, 2026, several insiders, including Neil Kim, increased their holdings in Astronics Corporation. Robert Keane purchased 85,802 shares, while Fay West added 1,517 shares. Nancy Hedges, the Principal Accounting Officer, bought 6,974 shares. Mark Peabody, Executive VP & President of Aerospace, acquired 23,246 shares. Other insiders, such as Warren Johnson and Mark Moran, also made significant purchases of 9,951 and 8,811 shares, respectively.

Other Institutional Activity in Astronics Corporation

Institutional investors have been actively trading Astronics Corporation shares. BlackRock, Inc. increased its position by 27,042 shares, bringing its total to 2,825,410 shares worth about $188.54 million. State Street Corp made a notable addition of 517,636 shares, ending with 2,349,815 shares valued at approximately $156.80 million. On the other hand, American Century Companies Inc reduced its holdings by 26,662 shares, now holding 1,737,573 shares worth $115.95 million. Vanguard Capital Management LLC acquired 1,388,899 shares, matching its total share count, while Capital International Investors cut its position by 560,939 shares, leaving it with 1,288,947 shares.

Astronics Corporation Stock Down 0.3%

Shares of NasdaqGS:ATRO are currently trading near $75.5. Astronics Corporation has a market cap of $3.25 billion and a P/E ratio of 74.02, with a forward P/E of 28.99. The stock's beta is 1.152, indicating moderate volatility. Over the past year, the stock's price has ranged from a low of $21.76 to a high of $82.63. The 50-day moving average stands at $63.47, while the 200-day moving average is $50.78. The company maintains 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 Corporation reported revenue of $886.81 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 stood at $1.02. The next earnings report is scheduled for July 30, 2026.

Analysts Set New Price Targets

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

About Astronics Corporation

Astronics Corporation, based in East Aurora, New York, designs and manufactures products for the aerospace, defense, and electronics industries. It operates through two segments: Aerospace and Test Systems. The Aerospace segment provides lighting, safety, and electrical systems, as well as avionics and aircraft structures. The Test Systems segment offers automated test systems and simulation devices for commercial and military applications. Led by CEO Mr. Peter J. Gundermann, Astronics employs around 2,700 people.

Bottom Line

Neil Kim's recent purchase of Astronics Corporation shares is part of a broader trend of insider buying, which investors often view as a sign of confidence. With a strong market presence in aerospace and defense, Astronics continues to attract significant institutional interest. Remember, insider transactions like these are disclosed after the fact and may not reflect the current holdings.