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

Strattec Security Co. (NASDAQ:STRT) COO Rolando Guillot sold 3,500 shares of Strattec Security stock in a transaction that occurred on 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 approximately $1,825,794.30. The trade was a 8.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Strattec Security Stock Performance

Shares of STRT stock opened at $49.73 on Friday. Strattec Security Co. has a 12-month low of $21.05 and a 12-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. The firm has a market capitalization of $207.47 million, a price-to-earnings ratio of 12.43, a price-to-earnings-growth ratio of 1.37 and a beta of 1.15. The business has a 50 day simple moving average of $42.24 and a 200 day simple moving average of $40.26.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Tower Research Capital LLC TRC bought a new stake in shares of Strattec Security during the fourth quarter valued at about $33,000. West Oak Capital LLC increased its stake in Strattec Security by 5,525.0% during the 4th quarter. West Oak Capital LLC now owns 1,125 shares of the auto parts company’s stock valued at $46,000 after buying an additional 1,105 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Strattec Security during the 3rd quarter worth about $47,000. JPMorgan Chase & Co. acquired a new stake in shares of Strattec Security in the 3rd quarter worth approximately $69,000. Finally, Bank of America Corp DE boosted its holdings in shares of Strattec Security by 137.9% in the fourth quarter. Bank of America Corp DE now owns 2,208 shares of the auto parts company’s stock valued at $91,000 after acquiring an additional 1,280 shares in the last quarter. Institutional investors own 68.91% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.