5 Best Small-Cap Defense Stocks to Invest in

3. Astronics Corporation (NASDAQ:ATRO)

Number of Hedge Fund Holders: 20

Market Capitalization: $617.7 million

A Hold rating and an $18 price target were maintained on Astronics Corporation (NASDAQ:ATRO) by Truist Securities on January 10.

Astronics Corporation (NASDAQ:ATRO) designs and manufactures products for the aerospace, defense, and electronics industries. It offers lighting and safety systems, electrical power generation systems, aircraft structures, avionics products, and more.

At the end of the fourth quarter, 20 hedge funds were long Astronics Corporation (NASDAQ:ATRO), with a total stake value of $139 million.

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