Astronics Ownership
| ATRO Stock | USD 16.04 0.38 2.43% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 35.5 M | Current Value 35 M | Avarage Shares Outstanding 21.7 M | Quarterly Volatility 9 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Astronics |
Astronics Stock Ownership Analysis
About 73.0% of the company shares are held by institutions such as insurance companies. The book value of Astronics was presently reported as 7.11. The company has Price/Earnings To Growth (PEG) ratio of 1.46. Astronics recorded a loss per share of 0.16. The entity last dividend was issued on the 25th of January 1994. The firm had 1182:1000 split on the 11th of October 2018. Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. The company was incorporated in 1968 and is headquartered in East Aurora, New York. Astronics operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 2100 people. For more info on Astronics please contact Peter Gundermann at 716 805 1599 or go to https://www.astronics.com.Besides selling stocks to institutional investors, Astronics also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Astronics' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Astronics' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Astronics Quarterly Liabilities And Stockholders Equity |
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Astronics Insider Trades History
Roughly 2.0% of Astronics are currently held by insiders. Unlike Astronics' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Astronics' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Astronics' insider trades
Astronics Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Astronics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Astronics backward and forwards among themselves. Astronics' institutional investor refers to the entity that pools money to purchase Astronics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Minerva Advisors Llc | 2024-09-30 | 463.1 K | Cooper Creek Partners Management Llc | 2024-09-30 | 422.7 K | Arnhold & S. Bleichroeder Advisers, Llc | 2024-09-30 | 407.7 K | Wellington Management Company Llp | 2024-06-30 | 273.6 K | Needham Investment Management, Llc | 2024-09-30 | 267.5 K | Northern Trust Corp | 2024-09-30 | 244.5 K | Amvescap Plc. | 2024-06-30 | 239.3 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 197.7 K | Teton Advisors Inc | 2024-09-30 | 178 K | Next Century Growth Investors Llc | 2024-06-30 | 2.4 M | Blackrock Inc | 2024-06-30 | 2.1 M |
Astronics Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Astronics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Astronics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Astronics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Astronics Outstanding Bonds
Astronics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Astronics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Astronics bonds can be classified according to their maturity, which is the date when Astronics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Astronics Corporate Filings
8K | 26th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 2nd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Pair Trading with Astronics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astronics will appreciate offsetting losses from the drop in the long position's value.Moving together with Astronics Stock
| 0.68 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against Astronics Stock
| 0.77 | ESLT | Elbit Systems | PairCorr |
| 0.72 | CAE | CAE Inc | PairCorr |
| 0.7 | ERJ | Embraer SA ADR | PairCorr |
| 0.67 | DRS | Leonardo DRS, Common | PairCorr |
| 0.64 | CW | Curtiss Wright | PairCorr |
The ability to find closely correlated positions to Astronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astronics to buy it.
The correlation of Astronics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astronics. If investors know Astronics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Earnings Share (0.16) | Revenue Per Share 22.48 | Quarterly Revenue Growth 0.25 | Return On Assets 0.0218 |
The market value of Astronics is measured differently than its book value, which is the value of Astronics that is recorded on the company's balance sheet. Investors also form their own opinion of Astronics' value that differs from its market value or its book value, called intrinsic value, which is Astronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astronics' market value can be influenced by many factors that don't directly affect Astronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.