125,000 Shares in Strattec Security Co. (NASDAQ:STRT) Bought by Truffle Hound Capital LLC

Truffle Hound Capital LLC purchased a new stake in shares of Strattec Security Co. (NASDAQ:STRT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 125,000 shares of the auto parts company’s stock, valued at approximately $5,150,000. Strattec Security accounts for approximately 1.8% of Truffle Hound Capital LLC’s portfolio, making the stock its 14th largest holding. Truffle Hound Capital LLC owned approximately 3.05% of Strattec Security as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. West Oak Capital LLC boosted its holdings in Strattec Security by 5,525.0% during the fourth 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 during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in Strattec Security during the third quarter valued at about $47,000. JPMorgan Chase & Co. bought a new stake in Strattec Security during the third quarter valued at about $69,000. Barclays PLC boosted its holdings in Strattec Security by 126.0% during the third quarter. Barclays PLC now owns 3,950 shares of the auto parts company’s stock valued at $169,000 after acquiring an additional 2,202 shares during the period. Finally, Quadrature Capital Ltd bought a new stake in Strattec Security during the third quarter valued at about $308,000. 68.91% of the stock is currently owned by institutional investors.

Strattec Security Stock Down 2.0 %

Shares of STRT opened at $42.67 on Friday. The company has a 50-day simple moving average of $43.52 and a 200-day simple moving average of $40.93. The firm has a market capitalization of $178.02 million, a P/E ratio of 10.67, a P/E/G ratio of 1.37 and a beta of 1.12. 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 52 week low of $21.05 and a 52 week high of $53.01.

Analysts Set New Price Targets

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

Insider Buying and Selling

In related news, COO Rolando Guillot sold 3,500 shares of the stock in a transaction dated 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 owns 36,443 shares of the company’s stock, valued at $1,825,794.30. This represents a 8.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 6.40% of the company’s stock.

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.