Peapod Lane Capital LLC Sells 5,533 Shares of AstroNova, Inc. $ALOT

Peapod Lane Capital LLC decreased its stake in shares of AstroNova, Inc. (NASDAQ:ALOT) by 4.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 122,844 shares of the business services provider’s stock after selling 5,533 shares during the period. Peapod Lane Capital LLC owned approximately 1.62% of AstroNova worth $1,424,000 at the end of the most recent quarter.

Separately, Diamond Hill Capital Management Inc. increased its position in shares of AstroNova by 15.0% during the first quarter. Diamond Hill Capital Management Inc. now owns 96,063 shares of the business services provider’s stock worth $883,000 after acquiring an additional 12,519 shares in the last quarter. Hedge funds and other institutional investors own 43.02% of the company’s stock.

AstroNova Stock Up 0.7%

AstroNova stock opened at $9.56 on Friday. The firm has a market capitalization of $73.04 million, a PE ratio of -4.25 and a beta of 0.90. The company’s 50-day moving average is $10.39 and its 200-day moving average is $10.00. AstroNova, Inc. has a fifty-two week low of $7.53 and a fifty-two week high of $17.24. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.71 and a quick ratio of 0.61.

AstroNova (NASDAQ:ALOT) last announced its earnings results on Friday, April 22nd. The business services provider reported $0.12 EPS for the quarter. The business had revenue of $29.44 million during the quarter. AstroNova had a negative net margin of 11.20% and a positive return on equity of 1.09%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of AstroNova in a research report on Friday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

About AstroNova

AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally. The company operates in two segments, Product Identification (PI) and Test & Measurement (T&M).