Arotech Corp. (NASDAQ:ARTX) Director Kenneth W. Cappell bought 11,000 shares of Arotech Corp. stock in a transaction dated Wednesday, November 16th. The shares were acquired at an average price of $3.34 per share, with a total value of $36,740.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Kenneth W. Cappell also recently made the following trade(s):

  • On Friday, November 18th, Kenneth W. Cappell bought 9,000 shares of Arotech Corp. stock. The shares were acquired at an average price of $3.23 per share, with a total value of $29,070.00.

Shares of Arotech Corp. (NASDAQ:ARTX) opened at 3.30 on Tuesday. The company has a 50-day moving average price of $3.01 and a 200 day moving average price of $2.90. The company’s market capitalization is $86.51 million. Arotech Corp. has a 1-year low of $1.60 and a 1-year high of $4.13.

Several brokerages have recently commented on ARTX. Zacks Investment Research upgraded Arotech Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, October 11th. B. Riley restated a “buy” rating and issued a $4.50 price target on shares of Arotech Corp. in a research note on Sunday, August 14th.

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Cannell Capital LLC increased its stake in shares of Arotech Corp. by 198.9% in the third quarter. Cannell Capital LLC now owns 997,563 shares of the company’s stock valued at $2,943,000 after buying an additional 663,828 shares during the period. Spark Investment Management LLC increased its stake in shares of Arotech Corp. by 12.7% in the third quarter. Spark Investment Management LLC now owns 179,000 shares of the company’s stock valued at $528,000 after buying an additional 20,200 shares during the period. Northern Trust Corp increased its stake in shares of Arotech Corp. by 0.3% in the third quarter. Northern Trust Corp now owns 41,856 shares of the company’s stock valued at $124,000 after buying an additional 128 shares during the period. TFS Capital LLC bought a new stake in shares of Arotech Corp. during the second quarter valued at approximately $138,000. Finally, Vanguard Group Inc. increased its stake in shares of Arotech Corp. by 24.0% in the second quarter. Vanguard Group Inc. now owns 942,064 shares of the company’s stock valued at $2,647,000 after buying an additional 182,544 shares during the period. Institutional investors and hedge funds own 13.68% of the company’s stock.

Arotech Corp. Company Profile

Arotech Corporation is a defense and security products and services company, engaged in providing interactive simulation for military, law enforcement and commercial markets, and batteries and charging systems for the military, commercial and medical markets. The Company operates through two segments: Training and Simulation Division, and Power Systems Division.

5 Day Chart for NASDAQ:ARTX

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