Strattec Security Co. (NASDAQ:STRT) COO Rolando Guillot Sells 3,500 Shares

Strattec Security Co. (NASDAQ:STRT) COO Rolando Guillot sold 3,500 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $50.10, for a total value of $175,350.00. Following the completion of the transaction, the chief operating officer now directly owns 36,443 shares in the company, valued at approximately $1,825,794.30. The trade was a 8.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Strattec Security Price Performance

Shares of STRT opened at $49.73 on Friday. The business’s 50-day moving average is $42.24 and its two-hundred day moving average is $40.24. The company has a market capitalization of $207.47 million, a P/E ratio of 12.43, a P/E/G ratio of 1.37 and a beta of 1.15. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.77 and a current ratio of 2.60. Strattec Security Co. has a fifty-two week low of $21.05 and a fifty-two week high of $53.01.

Institutional Investors Weigh In On Strattec Security

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. grew its position in Strattec Security by 57.1% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,715 shares of the auto parts company’s stock worth $71,000 after purchasing an additional 623 shares during the period. Millennium Management LLC grew its position in Strattec Security by 143.8% during the 4th quarter. Millennium Management LLC now owns 29,597 shares of the auto parts company’s stock worth $1,219,000 after purchasing an additional 17,459 shares during the period. Bridgeway Capital Management LLC grew its position in Strattec Security by 42.1% during the 4th quarter. Bridgeway Capital Management LLC now owns 39,978 shares of the auto parts company’s stock worth $1,647,000 after purchasing an additional 11,850 shares during the period. Bank of America Corp DE boosted its stake in shares of Strattec Security by 137.9% during the 4th quarter. Bank of America Corp DE now owns 2,208 shares of the auto parts company’s stock worth $91,000 after acquiring an additional 1,280 shares in the last quarter. Finally, 683 Capital Management LLC purchased a new stake in shares of Strattec Security during the 4th quarter worth about $351,000. 68.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Strattec Security from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 7th.

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.