Astronics Corp (ATRO) Files Form 4 Insider Buying : Robert T Brady Buys 4,500 Shares

Astronics Corp (ATRO): Robert T Brady , director of Astronics Corp purchased 4,500 shares on May 18, 2016. The Insider buying transaction was reported by the company on May 23, 2016 to the Securities and Exchange Commission. The shares were purchased at $35.39 per share for a total value of $159,255.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 4, 2016, James S Kramer (VP Luminescent Systems, Inc.) sold 4,030 shares at $35.39 per share price.On Dec 17, 2015, John B Drenning (director) sold 6,000 shares at $38.00 per share price.Also, On Dec 15, 2015, David C Burney (VP-FINANCE, CFO) sold 15,000 shares at $37.02 per share price.On Nov 12, 2015, Robert J Mckenna (director) sold 525 shares at $47.00 per share price.

Astronics Corporation: On Friday, May 20, 2016 heightened volatility was witnessed in Astronics Corporation which led to swings in the share price. The shares opened for trading at $34.77 and hit $36.1 on the upside , eventually ending the session at $36.01, with a gain of 3.72% or 1.29 points. The heightened volatility saw the trading volume jump to 1,84,630 shares. The 52-week high of the share price is $54.4344 and the company has a market cap of $700,286 M . The 52-week low of the share price is at $24.75.

Astronics Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Astronics Corporation is Reiterated by Dougherty & Company to Buy and the brokerage firm has raised the Price Target to $ 52 from a previous price target of $50 .The Rating was issued on May 5, 2016.Astronics Corporation is Downgraded by KeyBanc Capital Mkts to Sector Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Apr 20, 2016.Astronics Corporation is Reiterated by Canaccord Genuity to Buy and the brokerage firm has raised the Price Target to $ 45 from a previous price target of $40 .The Rating was issued on Mar 16, 2016.

Astronics Corporation is a supplier of products to the aerospace defense consumer electronics and semi-conductor industries. Its products include advanced high-performance lighting and safety systems electrical power generation and distribution systems aircraft structures avionics products and automatic test systems. The Company has two segments: Aerospace and Test Systems. It designs and builds its products through its wholly owned subsidiaries Astronics Advanced Electronic Systems Corp. (AES); Astronics AeroSat Corporation (AeroSat); Ballard Technology Inc. (Ballard); DME Corporation (DME); Luminescent Systems Inc. (LSI); Luminescent Systems Canada Inc. (LSI Canada); Max-Viz Inc. (Max-Viz); Peco Inc. (Peco); PGA Electronic s.a. (PGA) Astronics Test Systems Inc. and Armstrong Aerospace Inc. (Armstrong). The Company has operations in the United States Canada and France.

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