Insider Trading Review: NN, Inc. $NNBR

d8ffe6eb9c7586d58535fa45590877a6

NN, Inc. (NNBR) insider have most recently took part in a trading activity. On Dec 1, 2017 Floyd David, Director bought 1,865 shares having total worth of $50,318 at the price of $26.98 per share, following the transaction a total of 10,300 shares owned by Floyd David.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 sell activities .Furthermore, over the past 12 months , the stock was traded 5 times by insiders. In 5 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 4 -0.18%
12 Month 0 5 82.41%

Shares of NN, Inc. (NNBR) traded up 2.75% on Dec 4, 2017, hitting $28. 116,179 shares of the company’s stock traded hands. NN, Inc. has a 52 week low of $13.35 and a 52 week high of $32.4. The company’s market cap is $480 million.

NN, Inc. (NNBR) last announced its earnings results on Nov 1, 2017. The company reported 0.00 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.29 by $0.29. The company had revenue of $148 million for the quarter, compared to the consensus estimate of $150 million. During the same quarter in the previous year, the company posted 0.38 earnings per share. The company’s revenue for the quarter was down 28% on a year-over-year basis.

2017-11-01 2017-08-02 2017-05-03 2017-03-01 2016-11-02 2016-08-03 2016-05-04 2016-03-09 2015-11-04 2015-08-05
earnings per share 0.00 0.51 0.47 0.35 0.38 0.46 0.27 0.25 0.31 0.37
Revenue(M) 148.16 225.88 226.31 202.03 204.96 214.27 212.23 183.86 154.82 164.86

NN, Inc. was originally organized in October 1980 and incorporated in Delaware. The Company is a manufacturer of precision balls, cylindrical and tapered rollers, bearing retainers, plastic injection molded products, precision bearing seals and precision metal components. The Company’s balls, rollers, retainers, and bearing seals are used mainly in the domestic and international anti-friction bearing industry. The Company’s plastic injection molded products are used in the bearing components, automotive components, electronic instrument cases and other molded components used in a variety of applications. The precision metal components products are used in the HVAC, automotive, and appliance industries. The Company has three operating segments, the Metal Bearing Components Segment, the Plastic and Rubber Components Segment, and the Precision Metal Components Segment. Metal Bearing Components Segment include Erwin, Tennessee Ball and Roller Plant, Mountain City, Tennessee Ball Plant, Eltmann, Germany Ball Plant, Pinerolo, Italy Ball Plant, Veenendaal, The Netherlands Roller and Stamped Metal Parts Plant, Kysucke Nove Mesto, Slovakia Ball Plant and Kunshan, China Ball Plant. Plastic and Rubber Components Segment include Delta Rubber Company, Danielson, Connecticut Rubber Seal Plant and Industrial Molding Corporation, Inc. Lubbock, Texas Plastic Injection Molding Plant. Precision Metal Components Segment includes Whirlaway Corporation, Wellington, Ohio Metal Components Plant, Whirlaway Corporation, Wellington, Ohio Metal Components Plant 2 and Whirlaway Corporation, Tempe, Arizona Metal Components Plant, formerly known as Triumph LLC. The Company’s main domestic competitor is Hoover Precision Products, Inc., a wholly owned U.S. subsidiary of Tsubakimoto Precision Products Co. Ltd. and foreign competitors are Amatsuji Steel Ball Manufacturing Company, Ltd. (Japan), a wholly owed division of NSK LTD., Tsubakimoto Precision Products Co. Ltd (Japan) and Jingsu General Ball and Roller (China). Its main competitor in the plastic bearing retainer market is Nakanishi Manufacturing Corporation. Domestically, Nypro, Inc. and C&J Industries are among the main competitors in the precision plastic components markets. Its main competitors in the U.S. bearing seal market are Freudenburg-NOK, Trelleborg, Trostel, and Uchiyama. The Company’s operations and products are subject to extensive federal, state and local regulatory requirements both domestically and abroad relating to pollution control and protection of the environment.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.