Insider Selling: Strattec Security Co. (NASDAQ:STRT) COO Sells 3,500 Shares of Stock

Strattec Security Co. (NASDAQ:STRT) COO Rolando Guillot sold 3,500 shares of the company’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.10, for a total transaction of $175,350.00. Following the completion of the sale, the chief operating officer now directly owns 36,443 shares of the company’s stock, valued at $1,825,794.30. The trade was a 8.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Strattec Security Price Performance

NASDAQ STRT opened at $49.73 on Friday. The stock 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. The business’s fifty day moving average is $42.24 and its two-hundred day moving average is $40.26. Strattec Security Co. has a 1 year low of $21.05 and a 1 year high of $53.01.

Institutional Investors Weigh In On Strattec Security

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Point72 Asia Singapore Pte. Ltd. increased its stake in Strattec Security by 57.1% in 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 in the last quarter. Tower Research Capital LLC TRC acquired a new position in shares of Strattec Security in the fourth quarter worth about $33,000. Gabelli Funds LLC increased its position in shares of Strattec Security by 3.2% in the fourth quarter. Gabelli Funds LLC now owns 31,900 shares of the auto parts company’s stock worth $1,314,000 after acquiring an additional 1,000 shares in the last quarter. Barclays PLC raised its holdings in shares of Strattec Security by 25.5% during the fourth quarter. Barclays PLC now owns 4,957 shares of the auto parts company’s stock valued at $204,000 after acquiring an additional 1,007 shares during the period. Finally, West Oak Capital LLC lifted its position in shares of Strattec Security by 5,525.0% in the 4th quarter. West Oak Capital LLC now owns 1,125 shares of the auto parts company’s stock valued at $46,000 after acquiring an additional 1,105 shares in the last quarter. 68.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Strattec Security from a “buy” rating to a “strong-buy” rating in a 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.