Peapod Lane Capital LLC Takes Position in AstroNova, Inc. (NASDAQ:ALOT)

Peapod Lane Capital LLC purchased a new position in shares of AstroNova, Inc. (NASDAQ:ALOT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 127,920 shares of the business services provider’s stock, valued at approximately $1,536,000. AstroNova accounts for about 1.5% of Peapod Lane Capital LLC’s holdings, making the stock its 28th largest position. Peapod Lane Capital LLC owned about 1.70% of AstroNova at the end of the most recent reporting period.

Separately, Geode Capital Management LLC increased its stake in AstroNova by 10.5% during the third quarter. Geode Capital Management LLC now owns 69,309 shares of the business services provider’s stock valued at $933,000 after purchasing an additional 6,592 shares during the last quarter. 43.02% of the stock is owned by institutional investors and hedge funds.

AstroNova Price Performance

Shares of ALOT opened at $11.60 on Thursday. AstroNova, Inc. has a one year low of $11.00 and a one year high of $18.25. The stock’s fifty day moving average is $12.74 and its 200-day moving average is $13.70. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.77 and a current ratio of 1.83. The firm has a market capitalization of $87.35 million, a price-to-earnings ratio of 23.20 and a beta of 0.66.

AstroNova (NASDAQ:ALOT) last released its earnings results on Thursday, December 12th. The business services provider reported $0.06 earnings per share for the quarter. AstroNova had a return on equity of 5.21% and a net margin of 2.49%.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on AstroNova in a research report on Thursday. They set a “buy” rating on the stock.

AstroNova Company Profile

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).