Mark Moran Acquires Shares in Astronics Corporation
Mark Moran purchased 8,811 shares of Astronics Corporation on June 15, 2026.
Key Points
- Mark Moran bought 8,811 shares of Astronics Corporation on June 15, 2026, with the stock trading at $75.50.
- Astronics Corporation has a market cap of $3.25 billion and a P/E ratio of 74.02, with shares ranging between $21.76 and $82.63 over 52 weeks.
- TD Cowen maintained a 'buy' rating with a $100 price target for Astronics as of May 28, 2026.
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On June 15, 2026, Mark Moran purchased 8,811 shares of Astronics Corporation, trading on the NasdaqGS under the ticker ATRO. This insider transaction did not specify a purchase price, but the stock was trading at $75.50 at the time.
Insider Buying and Selling at Astronics Corporation
Several insiders, including Mark Moran, made purchases of Astronics Corporation shares on June 15, 2026. Other notable transactions included Robert Keane acquiring 85,802 shares, Fay West buying 1,517 shares, and Nancy Hedges, the Principal Accounting Officer, purchasing 6,974 shares. Additionally, Mark Peabody, the Executive VP & President of Aerospace, bought 23,246 shares, and Warren Johnson acquired 9,951 shares.
Other Institutional Activity in Astronics Corporation
In recent institutional activity, BlackRock, Inc. increased its holdings by 27,042 shares, bringing its total to 2,825,410 shares valued at around $188.54 million. State Street Corp added 517,636 shares to reach a total of 2,349,815 shares, valued at approximately $156.80 million. Conversely, American Century Companies Inc reduced its position by 26,662 shares, holding 1,737,573 shares worth about $115.95 million. Vanguard Capital Management LLC initiated a position with 1,388,899 shares valued at $92.68 million, while Capital International Investors decreased its stake by 560,939 shares, retaining 1,288,947 shares worth $86.01 million.
Astronics Corporation Stock Down 0.3%
Shares of NasdaqGS:ATRO traded near $75.50. Astronics Corporation boasts a market cap of $3.25 billion, with a P/E ratio of 74.02 and a forward P/E of 28.99. The stock's 52-week range is between $21.76 and $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 stands at 2.97, with a quick ratio of 1.45 and a debt-to-equity ratio of 234.45.
Recent Earnings
Astronics Corporation reported revenue of $886.81 million, showing a 12% growth. The net margin was 5.12%, with a return on equity of 21.18%. The next earnings report is expected on July 30, 2026.
Analysts Set New Price Targets
On May 28, 2026, TD Cowen maintained its 'buy' rating for Astronics Corporation with a $100 price target. The company has a consensus recommendation of 'buy', with an average target price of $76.15 based on five analyst opinions.
About Astronics Corporation
Astronics Corporation, headquartered in East Aurora, New York, designs and manufactures products for the aerospace, defense, and electronics industries. The company operates in two segments: Aerospace and Test Systems. It provides lighting and safety systems, electrical power generation, avionics products, and more to commercial, military, and general aviation markets. The Test Systems segment focuses on automated test systems for aerospace, defense, and communications industries. Led by CEO Peter J. Gundermann, Astronics employs about 2,700 people.
Bottom Line
Mark Moran's purchase of Astronics Corporation shares adds to the insider activity indicating interest in the company's future. While the stock's P/E ratio suggests a premium valuation, the upcoming earnings report on July 30, 2026, will provide further insights. As always, remember that insider transactions are reported after the fact and may not reflect current positions.
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