Samir Patel

Money Moves

As of June 2026: Activist who pushed for change before the sale

AstroNova's stock traded under $10 in early April, after years of weak returns and a public fight with an activist investor. On June 17, the Rhode Island maker of aircraft printers and industrial labeling machines agreed to sell itself to Arcline Investment Management for $29 a share in cash.

Updated Jun 18