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AstroNova Inc

AstroNova, Inc. designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Canada, Asia, Central and South America, and internationally. The company offers color label tabletop printers and light commercial label printers, direct-to-package printers, high-volume presses, specialty original equipment manufacturer printing systems, label printers, envelope and packaging printing, data acquisition recorders, as well as label, and tag and other supplies, including ink, toner, and thermal transfer ribbons under the QuickLabel, TrojanLabel, GetLabels, Astro Machine, and MTEX brands; and provides on-site and remote service, spare parts, and various service contracts; training and support services; and develops and licenses software programs to design and manage labels, print images, manage and operate printers. It also provides airborne printer products, such as ToughWriter series used in the flight decks of military transport, commercial transport, and business aircraft to print hard copies of data; ToughSwitch, an ethernet switches to connect multiple computers or ethernet devices; TMX and TMX-200, a high-speed data acquisition systems for applications requiring high channel counts and acquisition rates; Daxus DXS-100, a distributed data acquisition platform; SmartCorder DDX-100, a portable all-in-one data acquisition system; and Everest EV-5000 and RC-300 digital strip chart recording systems for aerospace and defense applications. In addition, the company offers networking solutions; aerospace products comprising flight deck printing solutions, networking hardware, and specialized aerospace-grade thermal paper; and data acquisition systems. The company was formerly known as Astro-Med, Inc. and changed its name to AstroNova, Inc. in May 2016. AstroNova, Inc. was incorporated in 1969 and is headquartered in West Warwick, Rhode Island.

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AstroNova Shareholders Approve Acquisition by Arcline Investment Management

AstroNova shareholders voted to approve the company's acquisition by Arcline Investment Management at a special meeting held virtually on August 25, 2026. More than 99 percent of votes cast favored the merger agreement, representing approximately 64 percent of all issued and outstanding shares as of the July 29, 2026 record date. Under the terms of the merger agreement dated June 16, 2026, shareholders will receive $29.00 per share in cash, and the transaction is expected to close on August 26, 2026. Upon closing, AstroNova will become a privately held company and its common stock will no longer trade on the Nasdaq.
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Artificial Intelligence2

Zacks highlights AMD, Lam Research, Cisco in top analyst reports

Zacks Research Daily features new research reports on 16 major stocks, including Advanced Micro Devices, Lam Research and Cisco Systems, as well as two micro-cap stocks Perma-Pipe International Holdings and AstroNova. AMD is benefiting from rising AI infrastructure deployments that lift demand for EPYC server CPUs and Instinct accelerators, with Data Center revenue growing 57% year over year in the first quarter of 2026. Lam Research is seeing AI-driven increases in demand for deposition and etch tools, and management lifted its calendar year 2026 WFE outlook. Cisco reported third-quarter fiscal 2026 revenue of $15.8 billion, up 12% year over year, and raised expected fiscal 2026 AI orders to $9 billion. The micro-cap reports note that Perma-Pipe International is well-positioned to benefit from rising infrastructure spending, while AstroNova recently agreed to be acquired by Arcline Investment Management in an all-cash transaction valued at $29.00 per share.
Zacks Investment Research·56dRead more ▾
ALOT

Atai Capital Management reports AstroNova acquired for $29 per share

Atai Capital Management announced in its first-quarter 2026 investor letter that AstroNova was acquired last week for $29 per share. The firm had owned AstroNova since its inception three and a half years ago, but the investment became complicated after AstroNova's unprofitable acquisition of MTEX in mid-2024 led to a proxy fight and the removal of the CEO. Atai trimmed its position over time as the company was left with debt, but added earlier this year after new management improved operations and the aerospace business gained momentum. The firm had originally expected a takeout price in the $18 to $24 range and trimmed slightly before the deal, but the final $29 per share price exceeded expectations. AstroNova closed at $28.47 on June 26, 2026, with a one-month return of 82.85% and a 52-week gain of 145.64%, and a market capitalization of $221.25 million.
Insider Monkey·58dRead more ▾
ALOT

Halper Sadeh LLC Investigates Whether ALOT, SLP, OLN Are Obtaining Fair Deals for Their Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating AstroNova, Simulations Plus, and Olin Corporation for potential violations of federal securities laws or breaches of fiduciary duties in connection with their proposed transactions. AstroNova is being sold to Arcline Investment Management for $29.00 per share in cash, Simulations Plus is being sold to affiliates of Altaris for $18.50 per share, and Olin is merging with Huntsman Corporation in a deal that would give Olin shareholders approximately 54.5% of the combined company. The firm notes that insiders may receive substantial financial benefits not available to ordinary shareholders and that the proposed transactions may contain terms that limit superior competing offers. Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief on behalf of shareholders, and encourages investors to contact the firm to discuss their rights at no cost.
GlobeNewswire·64dRead more ▾
ALOT

Brodsky & Smith investigates boards of AstroNova, Open Lending, Huntsman, and Standard BioTools over merger deals

Brodsky & Smith is investigating potential fiduciary duty breaches by the boards of four companies in connection with their announced mergers. AstroNova is being acquired by Arcline Investment Management for $29.00 per share in an all-cash deal valued at approximately $272 million. Open Lending is being acquired by ANV Group Holdings for $3.15 per share. Huntsman is being acquired by Olin Corporation, with Huntsman shareholders receiving 0.5476 Olin shares for each Huntsman share, resulting in Huntsman shareholders owning about 45.5% of the combined company. Standard BioTools is being acquired by Treeline Biosciences, with pre-merger Standard BioTools stockholders expected to own approximately 16% of the combined company. The investigations focus on whether the boards failed to conduct a fair process and whether the deal consideration provides fair value to shareholders.
GlobeNewswire·68dRead more ▾
ALOT

Computers and Biotechnology Stocks Lead Wednesday Trading

Computers and biotechnology stocks led sector gains on Wednesday. Computers shares rose about 5.6% as a group, with AstroNova surging about 70.2% and Nano Dimension Ltd up about 9.8%. Biotechnology shares advanced about 4.5%, driven by uniQure's roughly 74.1% jump and REGENXBIO's approximately 22.5% increase.
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