Astrotech Co. (NASDAQ:ASTC) Director Thomas Wiley Wilkinson Buys 1,500 Shares

Astrotech Co. (NASDAQ:ASTC) Director Thomas Wiley Wilkinson purchased 1,500 shares of the company’s stock in a transaction on Thursday, November 16th. The shares were bought at an average cost of $7.47 per share, with a total value of $11,205.00. Following the transaction, the director now directly owns 18,453 shares of the company’s stock, valued at approximately $137,843.91. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Astrotech Trading Up 2.3 %

Shares of ASTC traded up $0.17 during midday trading on Friday, reaching $7.66. 1,134 shares of the company were exchanged, compared to its average volume of 8,206. The stock has a 50-day moving average price of $9.43 and a 200-day moving average price of $10.82. Astrotech Co. has a 1-year low of $7.00 and a 1-year high of $15.11.

Astrotech (NASDAQ:ASTC) last issued its quarterly earnings results on Thursday, September 28th. The aerospace company reported ($1.42) EPS for the quarter. The business had revenue of $0.41 million during the quarter. Astrotech had a negative net margin of 881.71% and a negative return on equity of 21.46%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Virtu Financial LLC bought a new position in Astrotech during the 1st quarter valued at about $56,000. Renaissance Technologies LLC lifted its stake in Astrotech by 173.4% in the third quarter. Renaissance Technologies LLC now owns 158,589 shares of the aerospace company’s stock valued at $70,000 after buying an additional 100,589 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of Astrotech in the fourth quarter worth $113,000. Edge Capital Group LLC bought a new stake in shares of Astrotech in the first quarter worth $117,000. Finally, Acuitas Investments LLC lifted its position in shares of Astrotech by 22.3% in the third quarter. Acuitas Investments LLC now owns 52,947 shares of the aerospace company’s stock worth $534,000 after purchasing an additional 9,638 shares in the last quarter. 20.90% of the stock is currently owned by institutional investors and hedge funds.

About Astrotech

Astrotech Corporation operates as a mass spectrometry company worldwide. It owns and licenses the intellectual property related to the Astrotech Mass Spectrometer Technology, a platform mass spectrometry technology. The company also develops TRACER 1000, a mass spectrometer-based explosive trace detector to replace the explosives trace detectors used at airports, cargo and other secured facilities, and borders.