Strattec Security Co. (NASDAQ:STRT) COO Sells $175,350.00 in Stock

Strattec Security Co. (NASDAQ:STRT) COO Rolando Guillot sold 3,500 shares of Strattec Security stock in a transaction on 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 transaction, the chief operating officer now directly owns 36,443 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available at this link.

Strattec Security Stock Performance

NASDAQ:STRT opened at $49.73 on Monday. The firm’s fifty day moving average price is $42.24 and its 200 day moving average price is $40.27. Strattec Security Co. has a 1-year low of $21.05 and a 1-year high of $53.01. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.60 and a quick ratio of 1.77. The firm has a market cap of $207.47 million, a price-to-earnings ratio of 12.43, a price-to-earnings-growth ratio of 1.37 and a beta of 1.15.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Strattec Security

A number of hedge funds and other institutional investors have recently bought and sold shares of STRT. Allspring Global Investments Holdings LLC purchased a new position in Strattec Security in the 3rd quarter valued at $1,071,000. Factorial Partners LLC purchased a new position in Strattec Security in the 3rd quarter valued at $1,346,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Strattec Security in the 3rd quarter valued at $374,000. De Lisle Partners LLP grew its position in Strattec Security by 11.2% in the 3rd quarter. De Lisle Partners LLP now owns 43,094 shares of the auto parts company’s stock valued at $1,830,000 after buying an additional 4,355 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Strattec Security in the 3rd quarter valued at $47,000. 68.91% of the stock is currently owned by hedge funds and other institutional investors.

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.