Strattec Security Co. (NASDAQ:STRT) COO Rolando Guillot Sells 3,500 Shares

Strattec Security Co. (NASDAQ:STRT - Get Free Report) COO Rolando Guillot sold 3,500 shares of the business's 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 directly owns 36,443 shares in the company, valued at $1,825,794.30. This represents a 8.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Strattec Security Trading Down 6.7 %

Shares of NASDAQ:STRT traded down $3.19 on Tuesday, reaching $44.29. 42,463 shares of the company traded hands, compared to its average volume of 18,606. The business's 50-day simple moving average is $42.46 and its 200 day simple moving average is $40.36. Strattec Security Co. has a 52 week low of $21.05 and a 52 week high of $53.01. The stock has a market capitalization of $184.78 million, a P/E ratio of 11.07, a price-to-earnings-growth ratio of 1.37 and a beta of 1.15. The company has a current ratio of 2.60, a quick ratio of 1.77 and a debt-to-equity ratio of 0.06.

Wall Street Analyst Weigh In

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

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Hedge Funds Weigh In On Strattec Security

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC lifted its stake in shares of Strattec Security by 85.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 46,476 shares of the auto parts company's stock valued at $1,915,000 after buying an additional 21,376 shares in the last quarter. Factorial Partners LLC bought a new stake in shares of Strattec Security in the 3rd quarter worth about $1,346,000. Ritholtz Wealth Management bought a new stake in shares of Strattec Security in the 4th quarter worth about $475,000. Geode Capital Management LLC grew its holdings in Strattec Security by 5.9% during the 3rd quarter. Geode Capital Management LLC now owns 41,618 shares of the auto parts company's stock valued at $1,776,000 after purchasing an additional 2,314 shares during the last quarter. Finally, Empowered Funds LLC bought a new position in Strattec Security during the 4th quarter valued at about $687,000. Institutional investors own 68.91% of the company's stock.

About Strattec Security

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.