Insider Selling at Astronics Corporation (ATRO): Mark Peabody Unloads 10,534 Shares

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Mark Peabody, Vice President of Astronics Advanced Electron at Astronics Corporation (NASDAQ:ATRO), completed a disposition of 10,534 shares of $.01 PV Common Stock yesterday. The stock was sold directly at a price of $63.12 per share and marks the insider’s second sale of the fiscal year so far. Following the disposition, Peabody now holds a total of 22,433 company shares to his name.

Furthermore, last Wednesday the firm’s Vice President of Finance and Chief Financial Officer, David Burney, unloaded 4,000 shares of $.01 Pv Common Stock for a price of $58.08 per share. The insider now owns a total of 31,648 shares of the $1.14 billion market cap provider of aerospace products.

Q1 also showed positive developments amongst hedge funds, as Andrew Sandler’s Sandler Capital Management entered a new shareholding position with 396,000 company shares, worth approximately $25.1 million. And Richard Drierhaus’ Drierhaus Capital increased its stakes in the firm by 151%, boosting the hedge fund’s total shares to 128,780, with an estimate value of $8.16 million.

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