O Shaughnessy Asset Management LLC Invests $960,000 in Strattec Security Co. (NASDAQ:STRT)

O Shaughnessy Asset Management LLC purchased a new stake in Strattec Security Co. (NASDAQ:STRT - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,290 shares of the auto parts company's stock, valued at approximately $960,000. O Shaughnessy Asset Management LLC owned approximately 0.57% of Strattec Security at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC grew its position 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 during the last quarter. Ritholtz Wealth Management acquired a new stake in shares of Strattec Security during the 4th quarter worth approximately $475,000. Geode Capital Management LLC lifted its holdings in shares of Strattec Security by 5.9% in the 3rd quarter. Geode Capital Management LLC now owns 41,618 shares of the auto parts company's stock worth $1,776,000 after purchasing an additional 2,314 shares during the last quarter. Empowered Funds LLC acquired a new position in Strattec Security during the 4th quarter valued at approximately $687,000. Finally, Barclays PLC grew its stake in Strattec Security by 126.0% during the 3rd quarter. Barclays PLC now owns 3,950 shares of the auto parts company's stock worth $169,000 after buying an additional 2,202 shares during the last quarter. 68.91% of the stock is currently owned by institutional investors.

Strattec Security Stock Performance

Shares of STRT traded down $0.44 during trading hours on Friday, reaching $35.66. 7,148 shares of the company's stock traded hands, compared to its average volume of 20,247. The firm has a market capitalization of $148.77 million, a price-to-earnings ratio of 8.92, a P/E/G ratio of 1.37 and a beta of 1.02. The business's fifty day simple moving average is $43.45 and its two-hundred day simple moving average is $41.10. Strattec Security Co. has a twelve month low of $21.05 and a twelve month 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.

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Analyst Upgrades and Downgrades

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

Insider Activity

In other Strattec Security news, COO Rolando Guillot sold 3,500 shares of the company's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $50.10, for a total value of $175,350.00. Following the transaction, the chief operating officer now owns 36,443 shares of the company's stock, valued at approximately $1,825,794.30. This represents a 8.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 6.40% of the stock is owned by insiders.

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.