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 stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $50.10, for a total transaction of $175,350.00. Following the sale, 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 filing with the Securities & Exchange Commission, which is available at the SEC website.

Strattec Security Trading Down 0.1 %

Shares of Strattec Security stock opened at $49.73 on Friday. The firm has a market capitalization of $207.47 million, a PE ratio of 12.43, a P/E/G ratio of 1.37 and a beta of 1.15. Strattec Security Co. has a twelve month low of $21.05 and a twelve month high of $53.01. The firm’s 50-day moving average price is $42.24 and its 200 day moving average price is $40.24. The company has a current ratio of 2.60, a quick ratio of 1.77 and a debt-to-equity ratio of 0.06.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of STRT. Truffle Hound Capital LLC purchased a new position in Strattec Security in the 4th quarter valued at about $5,150,000. Peapod Lane Capital LLC purchased a new position in Strattec Security in the 4th quarter worth approximately $2,934,000. Susquehanna International Group LLP purchased a new position in Strattec Security in the 4th quarter worth approximately $1,765,000. Factorial Partners LLC purchased a new position in Strattec Security in the 3rd quarter worth approximately $1,346,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in Strattec Security in the 3rd quarter worth approximately $1,071,000. 68.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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