Strattec Security Co. (NASDAQ:STRT – Get Free Report) major shareholder Gamco Investors, Inc. Et Al sold 600 shares of the stock in a transaction on Friday, August 9th. The stock was sold at an average price of $28.40, for a total transaction of $17,040.00. Following the transaction, the insider now directly owns 1,900 shares in the company, valued at $53,960. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Strattec Security Stock Up 2.3 %
STRT stock opened at $39.18 on Thursday. The stock’s 50 day simple moving average is $25.82 and its 200 day simple moving average is $24.95. The company has a market cap of $159.46 million, a P/E ratio of 39.58, a price-to-earnings-growth ratio of 2.04 and a beta of 1.11. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.51 and a current ratio of 2.24. Strattec Security Co. has a fifty-two week low of $20.87 and a fifty-two week high of $39.45.
Strattec Security (NASDAQ:STRT – Get Free Report) last posted its earnings results on Thursday, August 8th. The auto parts company reported $2.39 EPS for the quarter, topping the consensus estimate of $0.38 by $2.01. The company had revenue of $143.06 million during the quarter, compared to the consensus estimate of $141.51 million. Strattec Security had a net margin of 3.03% and a return on equity of 7.49%. On average, research analysts expect that Strattec Security Co. will post 1.47 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Strattec Security
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Strattec Security from a “strong-buy” rating to a “buy” rating in a report on Friday, August 2nd.
Get Our Latest Stock Report on Strattec Security
Strattec Security Company Profile
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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