James Mulato Buys 30,000 Shares of Astronics Corporation

James Mulato, an insider at Astronics Corporation, purchased 30,000 shares of the company on June 15, 2026. This transaction, recorded under the code 'J', was not part of a pre-planned trading program.

Insider Buying and Selling at Astronics Corporation

Several insiders at Astronics Corporation were active on June 15, 2026. Robert Keane acquired 85,802 shares, while Fay West added 1,517 shares to their holdings. Nancy Hedges, the Principal Accounting Officer, bought 6,974 shares. Mark Peabody, the Executive VP & President of Aerospace, purchased 23,246 shares. Warren Johnson and Mark Moran also increased their stakes by 9,951 and 8,811 shares, respectively.

Other Institutional Activity in Astronics Corporation

BlackRock, Inc. grew its holdings by 27,042 shares, ending with 2,825,410 shares valued at about $188.5 million. State Street Corp significantly increased its position by 517,636 shares, bringing its total to 2,349,815 shares worth approximately $156.8 million. American Century Companies Inc reduced its stake by 26,662 shares, leaving it with 1,737,573 shares valued at $115.9 million. Vanguard Capital Management LLC added 1,388,899 shares, resulting in a total of 1,388,899 shares worth around $92.7 million. Capital International Investors cut its position by 560,939 shares, holding 1,288,947 shares valued at $86 million.

Astronics Corporation Stock Down 0.3%

Shares of Astronics Corporation (NasdaqGS:ATRO) traded near $75.50. The company has a market cap of about $3.25 billion and a P/E ratio of 74.02, with a forward P/E of 28.99. Its beta is 1.152, indicating moderate volatility. 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. Astronics 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 $886.8 million, reflecting a 12% growth. The company achieved a net margin of 5.12% and a return on equity of 21.18%. With earnings per share of $1.02, the next earnings announcement is expected on July 30, 2026.

Analysts Set New Price Targets

On May 28, 2026, TD Cowen maintained a 'buy' rating on Astronics Corporation, setting a price target of $100. Truist Securities also maintained a 'buy' rating, with a target of $107 as of February 25, 2026. The average target price among analysts is $76.15.

About Astronics Corporation

Astronics Corporation, based in East Aurora, New York, designs and manufactures products for the aerospace, defense, and electronics sectors. Operating through its Aerospace and Test Systems segments, the company serves a range of markets including commercial transport, military, and general aviation. Led by CEO Peter J. Gundermann, Astronics employs approximately 2,700 people and has a global presence.

Bottom Line

Astronics Corporation's insider buying activity signals confidence from within the company, with James Mulato's acquisition of 30,000 shares being a notable event. While these transactions provide insight, investors should consider that 13F filings and insider trades are backward-looking and might not reflect current positions. Astronics continues to show strong fundamentals and attracts positive analyst attention.