Royce & Associates Amends AstroNova Stake (SC 13G/A)
Ticker: ALOT · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 8146
| Field | Detail |
|---|---|
| Company | Astronova, INC. (ALOT) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, investor-update
TL;DR
**Royce & Associates LP updated their AstroNova stake, signaling continued institutional interest.**
AI Summary
Royce & Associates, LP, a New York-based investment firm, filed an SC 13G/A on January 23, 2024, indicating a change in their beneficial ownership of AstroNova, Inc. common stock as of December 31, 2023. This is Amendment No. 5 to their previous filings. While the filing doesn't specify the exact change in share count or percentage, it signals that Royce & Associates, LP continues to be a significant institutional holder, which can be a positive sign for investors as it suggests continued confidence from a professional money manager.
Why It Matters
This filing shows that a major institutional investor, Royce & Associates, LP, is still involved with AstroNova, Inc., which can influence investor perception and potentially provide stability to the stock.
Risk Assessment
Risk Level: low — This filing is routine for institutional investors and doesn't indicate any immediate negative or highly volatile event for AstroNova, Inc.
Analyst Insight
Investors should note that Royce & Associates, LP continues to hold a position in AstroNova, Inc. This filing is an update, and while it doesn't detail the exact change in ownership percentage (which would be on subsequent pages not provided), it confirms ongoing institutional interest. Smart investors might look for the full filing to see the updated percentage of ownership to gauge the extent of their continued or altered conviction.
Key Players & Entities
- Royce & Associates, LP (company) — the reporting person and institutional investor
- AstroNova, Inc. (company) — the issuer whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- New York (company) — place of organization for Royce & Associates, LP
- 04638F108 (other) — CUSIP Number for AstroNova, Inc. Common Stock
FAQ
Who filed this SC 13G/A amendment?
The SC 13G/A Amendment No. 5 was filed by Royce & Associates, LP, an investment firm based in New York.
What company's stock is the subject of this filing?
The subject company for this filing is AstroNova, Inc., whose common stock is identified by CUSIP Number 04638F108.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023.
What type of filing is this, and what does the 'A' signify?
This is an SC 13G/A filing. The 'A' signifies that it is an amendment to a previously filed Schedule 13G, specifically Amendment No. 5.
What is the business address of the reporting person, Royce & Associates, LP?
The business address for Royce & Associates, LP is 745 Fifth Avenue, New York, NY 10151.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding AstroNova, Inc. (ALOT).