Professional
Added to YB: 2026-06-25
Pitch date: 2026-06-22
ALOT [neutral]
AstroNova, Inc.
Author Info
Atai Capital is a long only, concentrated, small-cap value fund. Sign up for the newsletter.
Company Info
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.
Market Cap
$220.0M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
22.25
P/E
-159.57
EV/Sales
1.67
Sector
Technology Hardware, Storage and Peripherals
Category
special_situation
Atai Capital Management Portfolio Holding: AstroNova, Inc.
ALOT (exited position): Acquired last week for $29/share. Held since firm inception 3.5yrs ago; mismanaged 2024 MTEX deal saddled co w/ debt, sparking proxy fight (won by Samir Patel/Askeladden, backed by ISS & Glass Lewis), CEO removal. New mgmt cut debt/capex, raised margins, aerospace took off. Added earlier this year; original takeout est $18-24. Satisfactory IRR.
Read full article (2 min)