Notable Runner: Can Arotech Corporation’s Tomorrow Be Different? The Stock Increases Again

Notable Runner: Can Arotech Corporation's Tomorrow Be Different? The Stock Increases Again

The stock of Arotech Corporation (NASDAQ:ARTX) is a huge mover today! About 226,052 shares traded hands. Arotech Corporation (NASDAQ:ARTX) has risen 6.91% since April 14, 2016 and is uptrending. It has outperformed by 2.22% the S&P500.
The move comes after 6 months positive chart setup for the $84.28 million company. It was reported on Nov, 16 by Barchart.com. We have $7.48 PT which if reached, will make NASDAQ:ARTX worth $104.51 million more.

According to Zacks Investment Research, “Arotech Corporation operates two business divisions: Electric Fuel Batteries — developing and manufacturing zinc-air batteries for military and homeland security applications and developing electric vehicle batteries for zero emission public transportation; and Arotech Defense — consisting of IES Interactive, which provides advanced high-tech multimedia training systems for law enforcement and paramilitary organizations, MDT Armor, which provides vehicle armoring for the military, industrial and private sectors, and Arcon Security.”

Insitutional Activity: The institutional sentiment decreased to 1.15 in 2016 Q2. Its down 0.07, from 1.22 in 2016Q1. The ratio turned negative, as 5 funds sold all Arotech Corporation shares owned while 8 reduced positions. 9 funds bought stakes while 6 increased positions. They now own 4.06 million shares or 61.11% more from 2.52 million shares in 2016Q1.
Federated Pa last reported 613 shares in the company. Jpmorgan Chase And last reported 300 shares in the company. Spark Investment Mngmt Lc holds 158,800 shares or 0.04% of its portfolio. First Manhattan, a New York-based fund reported 4 shares. Blackrock Fund Advsr holds 0% or 57,831 shares in its portfolio. Oxford Asset Mngmt reported 345,482 shares or 0.04% of all its holdings. The New York-based Morgan Stanley has invested 0% in Arotech Corporation (NASDAQ:ARTX). Moreover, Fny Managed Accounts Limited Liability Corporation has 0% invested in Arotech Corporation (NASDAQ:ARTX) for 26,200 shares. Ladenburg Thalmann Financial Services Inc holds 1,671 shares or 0% of its portfolio. Gsa Ptnrs Llp, a United Kingdom-based fund reported 34,800 shares. Eam Invsts Ltd Liability Corporation has 475,944 shares for 0.2% of their US portfolio. Dimensional Fund Limited Partnership holds 0% of its portfolio in Arotech Corporation (NASDAQ:ARTX) for 472,215 shares. Renaissance Techs Ltd Liability has invested 0% of its portfolio in Arotech Corporation (NASDAQ:ARTX). Susquehanna Group Ltd Liability Partnership accumulated 23,074 shares or 0% of the stock. Bridgeway Capital has 0.02% invested in the company for 416,063 shares.

Insider Transactions: Since June 1, 2016, the stock had 5 insider buys, and 1 sale for $147,346 net activity. Shares for $105,047 were bought by Kutler Jon B on Wednesday, June 1. EHRLICH ROBERT S sold $30,250 worth of stock or 10,000 shares. Another trade for 4,100 shares valued at $13,059 was made by Hagenbuch Lawrence F on Friday, November 11. Another trade for 3,000 shares valued at $8,490 was bought by Cappell Kenneth W.

More news for Arotech Corporation (NASDAQ:ARTX) were recently published by: Zacks.com, which released: “3 Reasons Value Stock Investors Will Love Arotech Corporation (ARTX)” on March 31, 2016. Equitiesfocus.com‘s article titled: “Arotech Corporation (NASDAQ:ARTX) Quarterly EPS From Continuing Operations …” and published on November 16, 2016 is yet another important article.

ARTX Company Profile

Arotech Corporation, incorporated on December 20, 1990, is a defense and security services and products 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 Firm operates through two divisions: Training and Simulation Division, and Power Systems Division. The Company’s Training and Simulation Division develops, makes and markets multimedia and interactive digital solutions for engineering, use-of-force training and operator training of military, law enforcement, security, emergency services and other personnel. The Company’s Power Systems Division provides battery solutions, energy management and power distribution technologies and product design and manufacturing services for the aerospace, defense, law enforcement, homeland security markets, and it makes and sells rechargeable batteries for defense and security products and medical and industrial applications.

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