NN, Inc. (NASDAQ:NNBR – Free Report) – Analysts at Noble Financial dropped their Q2 2025 earnings per share (EPS) estimates for NN in a report issued on Tuesday, May 13th. Noble Financial analyst J. Gomes now expects that the industrial products company will post earnings per share of $0.01 for the quarter, down from their previous forecast of $0.02. The consensus estimate for NN’s current full-year earnings is ($0.20) per share. Noble Financial also issued estimates for NN’s Q4 2025 earnings at $0.04 EPS and FY2025 earnings at $0.06 EPS.
NN (NASDAQ:NNBR – Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The industrial products company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.01. NN had a negative net margin of 8.05% and a negative return on equity of 10.61%. The firm had revenue of $105.69 million for the quarter, compared to analyst estimates of $111.96 million.
NN Trading Down 7.3%
Insider Transactions at NN
In other news, COO Timothy M. French purchased 44,784 shares of the firm’s stock in a transaction on Tuesday, May 13th. The shares were bought at an average cost of $2.08 per share, for a total transaction of $93,150.72. Following the completion of the purchase, the chief operating officer now directly owns 374,784 shares of the company’s stock, valued at approximately $779,550.72. This trade represents a 13.57% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Harold C. Bevis purchased 45,316 shares of the stock in a transaction dated Wednesday, May 14th. The shares were purchased at an average price of $2.20 per share, with a total value of $99,695.20. Following the completion of the transaction, the chief executive officer now owns 1,463,150 shares of the company’s stock, valued at approximately $3,218,930. This trade represents a 3.20% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 103,488 shares of company stock worth $219,126. 7.94% of the stock is currently owned by insiders.
Institutional Investors Weigh In On NN
Institutional investors and hedge funds have recently modified their holdings of the company. Bailard Inc. purchased a new position in NN during the 1st quarter valued at about $39,000. ProShare Advisors LLC acquired a new stake in shares of NN during the fourth quarter worth about $43,000. Voya Investment Management LLC acquired a new stake in shares of NN during the fourth quarter worth about $47,000. SG Americas Securities LLC boosted its stake in shares of NN by 37.7% in the fourth quarter. SG Americas Securities LLC now owns 21,023 shares of the industrial products company’s stock valued at $69,000 after purchasing an additional 5,752 shares during the period. Finally, Wells Fargo & Company MN grew its holdings in shares of NN by 29.2% in the fourth quarter. Wells Fargo & Company MN now owns 27,306 shares of the industrial products company’s stock valued at $89,000 after purchasing an additional 6,165 shares in the last quarter. Hedge funds and other institutional investors own 53.92% of the company’s stock.
About NN
NN, Inc, together with its subsidiaries, designs, manufactures, and sells high-precision components and assemblies for various end markets in the United States and internationally. It operates through two segments, Mobile Solutions and Power Solutions. The Mobile Solutions segment manufactures and sells system critical components for automotive, general industrial, and medical end markets for use in power steering, braking, transmissions, gasoline fuel system, diesel injection, and diesel emissions treatment applications, as well as in heating, ventilation, and air conditioning.
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