Patrick J. Hansen Sells 1,000 Shares of Strattec Security Corporation (STRT) Stock

Strattec Security Corporation (NASDAQ:STRT) insider Patrick J. Hansen sold 1,000 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $45.65, for a total transaction of $45,650.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Strattec Security Corporation (NASDAQ STRT) traded down $0.95 during mid-day trading on Thursday, reaching $45.75. The company had a trading volume of 9,400 shares, compared to its average volume of 19,271. The firm has a market capitalization of $171.45, a P/E ratio of 21.13 and a beta of 1.72. Strattec Security Corporation has a fifty-two week low of $23.00 and a fifty-two week high of $49.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.43 and a current ratio of 2.02.

Strattec Security Corporation (NASDAQ:STRT) last posted its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.67 EPS for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.12. The business had revenue of $102.46 million during the quarter. Strattec Security Corporation had a return on equity of 4.86% and a net margin of 1.93%.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date is Thursday, December 14th. Strattec Security Corporation’s dividend payout ratio (DPR) is presently 25.34%.

ILLEGAL ACTIVITY WARNING: “Patrick J. Hansen Sells 1,000 Shares of Strattec Security Corporation (STRT) Stock” was first published by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this news story on another site, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this news story can be viewed at https://sportsperspectives.com/2017/11/23/patrick-j-hansen-sells-1000-shares-of-strattec-security-corporation-strt-stock.html.

Separately, ValuEngine raised Strattec Security Corporation from a “buy” rating to a “strong-buy” rating in a research note on Monday, October 2nd.

A number of hedge funds have recently bought and sold shares of the stock. Teton Advisors Inc. raised its stake in Strattec Security Corporation by 0.3% in the second quarter. Teton Advisors Inc. now owns 177,700 shares of the auto parts company’s stock valued at $6,291,000 after purchasing an additional 500 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Strattec Security Corporation by 38.9% in the first quarter. JPMorgan Chase & Co. now owns 4,328 shares of the auto parts company’s stock valued at $120,000 after purchasing an additional 1,211 shares in the last quarter. Prudential Financial Inc. raised its stake in Strattec Security Corporation by 21.4% in the third quarter. Prudential Financial Inc. now owns 8,500 shares of the auto parts company’s stock valued at $347,000 after purchasing an additional 1,500 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Strattec Security Corporation by 7.4% in the first quarter. Bank of New York Mellon Corp now owns 24,388 shares of the auto parts company’s stock valued at $678,000 after purchasing an additional 1,689 shares in the last quarter. Finally, Algert Global LLC raised its stake in Strattec Security Corporation by 17.0% in the third quarter. Algert Global LLC now owns 18,249 shares of the auto parts company’s stock valued at $746,000 after purchasing an additional 2,652 shares in the last quarter. 82.43% of the stock is owned by institutional investors and hedge funds.

About Strattec Security Corporation

Strattec Security Corporation designs, develops, manufactures and markets automotive access control products. The Company offers access control products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related products for North American automotive customers.

Insider Buying and Selling by Quarter for Strattec Security Corporation (NASDAQ:STRT)

Receive News & Ratings for Strattec Security Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strattec Security Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply