Strattec Security Co. (NASDAQ:STRT - Get Free Report) major shareholder Gamco Investors, Inc. Et Al sold 500 shares of the firm's stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $41.78, for a total transaction of $20,890.00. Following the transaction, the insider now directly owns 500 shares of the company's stock, valued at $20,890. The trade was a 50.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.
Gamco Investors, Inc. Et Al also recently made the following trade(s):
- On Tuesday, November 19th, Gamco Investors, Inc. Et Al sold 200 shares of Strattec Security stock. The shares were sold at an average price of $40.50, for a total transaction of $8,100.00.
- On Thursday, September 19th, Gamco Investors, Inc. Et Al sold 200 shares of Strattec Security stock. The stock was sold at an average price of $38.71, for a total transaction of $7,742.00.
Strattec Security Stock Performance
Shares of NASDAQ:STRT opened at $42.89 on Thursday. Strattec Security Co. has a 52 week low of $20.87 and a 52 week high of $43.35. The stock has a market capitalization of $175.85 million, a P/E ratio of 10.89, a PEG ratio of 1.54 and a beta of 1.15. The firm has a fifty day simple moving average of $39.51 and a two-hundred day simple moving average of $33.14. The company has a quick ratio of 1.48, a current ratio of 2.18 and a debt-to-equity ratio of 0.06.
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Strattec Security (NASDAQ:STRT - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The auto parts company reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.36. Strattec Security had a net margin of 2.93% and a return on equity of 7.12%. The firm had revenue of $139.05 million during the quarter, compared to analysts' expectations of $139.32 million. During the same period in the previous year, the company earned $1.05 EPS. On average, analysts expect that Strattec Security Co. will post 2.76 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Strattec Security
A number of institutional investors and hedge funds have recently modified their holdings of STRT. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Strattec Security in the third quarter valued at approximately $47,000. Barclays PLC lifted its holdings in shares of Strattec Security by 126.0% in the 3rd quarter. Barclays PLC now owns 3,950 shares of the auto parts company's stock worth $169,000 after buying an additional 2,202 shares during the period. Geode Capital Management LLC grew its position in shares of Strattec Security by 5.9% during the 3rd quarter. Geode Capital Management LLC now owns 41,618 shares of the auto parts company's stock worth $1,776,000 after buying an additional 2,314 shares in the last quarter. Perritt Capital Management Inc raised its holdings in shares of Strattec Security by 47.0% in the second quarter. Perritt Capital Management Inc now owns 10,102 shares of the auto parts company's stock valued at $253,000 after acquiring an additional 3,229 shares in the last quarter. Finally, De Lisle Partners LLP lifted its stake in Strattec Security by 11.2% in the third quarter. De Lisle Partners LLP now owns 43,094 shares of the auto parts company's stock worth $1,830,000 after acquiring an additional 4,355 shares during the period. 68.91% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Separately, StockNews.com raised shares of Strattec Security from a "hold" rating to a "buy" rating in a research note on Thursday, November 14th.
Check Out Our Latest Report on STRT
About Strattec Security
(
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Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. The company provides mechanical and electronically enhanced locks and keys, passive entry passive start systems, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate and lift gate systems, power deck lid systems, door handles, and related products.
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