Marquette Asset Management LLC Purchases 91,183 Shares of Astrotech Co. (NASDAQ:ASTC)

Marquette Asset Management LLC raised its position in Astrotech Co. (NASDAQ:ASTCGet Rating) by 33.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 367,864 shares of the aerospace company’s stock after acquiring an additional 91,183 shares during the period. Marquette Asset Management LLC’s holdings in Astrotech were worth $158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Virtu Financial LLC bought a new stake in shares of Astrotech during the 1st quarter valued at $56,000. Institutional investors own 6.69% of the company’s stock.

Insider Buying and Selling

In other Astrotech news, major shareholder Braden Michael Leonard bought 311,733 shares of Astrotech stock in a transaction that occurred on Tuesday, August 23rd. The stock was acquired at an average cost of $0.45 per share, for a total transaction of $140,279.85. Following the completion of the transaction, the insider now directly owns 4,961,733 shares in the company, valued at $2,232,779.85. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 8.20% of the stock is owned by company insiders.

Astrotech Stock Down 4.7 %

Shares of NASDAQ:ASTC traded down $0.02 during midday trading on Friday, reaching $0.42. 401,889 shares of the company traded hands, compared to its average volume of 244,368. Astrotech Co. has a 12 month low of $0.41 and a 12 month high of $1.15. The firm’s fifty day moving average price is $0.46 and its two-hundred day moving average price is $0.53. The firm has a market capitalization of $21.27 million, a price-to-earnings ratio of -2.63 and a beta of -0.70.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Astrotech in a research note on Sunday, September 18th. They set a “sell” rating on the stock.

Astrotech Company Profile

(Get Rating)

Astrotech Corporation operates as a science and technology development and commercialization company worldwide. It operates through three segments, Astrotech Technologies, Inc (ATI), 1st Detect Corporation (1st Detect), and AgLAB Inc (AgLAB). The ATI segment owns and licenses the AMS Technology, the platform mass spectrometry technology.

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Institutional Ownership by Quarter for Astrotech (NASDAQ:ASTC)

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