NN (NASDAQ:NNBR) Major Shareholder John Frederick Barrett Sells 315,436 Shares

Posted by Amy Steele on Apr 30th, 2026

NN, Inc. (NASDAQ:NNBR – Get Free Report) major shareholder John Frederick Barrett sold 315,436 shares of NN stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $2.06, for a total transaction of $649,798.16. Following the sale, the insider directly owned 5,890,195 shares of the company’s stock, valued at $12,133,801.70. This represents a 5.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

John Frederick Barrett also recently made the following trade(s):

On Monday, April 27th, John Frederick Barrett sold 136,165 shares of NN stock. The shares were sold at an average price of $2.63, for a total transaction of $358,113.95.
On Friday, April 24th, John Frederick Barrett sold 12,199 shares of NN stock. The shares were sold at an average price of $2.51, for a total value of $30,619.49.
On Thursday, April 23rd, John Frederick Barrett sold 555,305 shares of NN stock. The stock was sold at an average price of $2.69, for a total value of $1,493,770.45.
On Wednesday, April 22nd, John Frederick Barrett sold 94,380 shares of NN stock. The stock was sold at an average price of $2.30, for a total value of $217,074.00.
On Tuesday, April 21st, John Frederick Barrett sold 55,483 shares of NN stock. The shares were sold at an average price of $2.21, for a total value of $122,617.43.
On Monday, April 20th, John Frederick Barrett sold 79,757 shares of NN stock. The shares were sold at an average price of $2.24, for a total value of $178,655.68.
On Friday, April 17th, John Frederick Barrett sold 348,161 shares of NN stock. The stock was sold at an average price of $2.29, for a total value of $797,288.69.
On Thursday, April 16th, John Frederick Barrett sold 40,030 shares of NN stock. The stock was sold at an average price of $2.04, for a total value of $81,661.20.

NN Price Performance

NN stock opened at $2.30 on Thursday. The company has a current ratio of 1.83, a quick ratio of 1.09 and a debt-to-equity ratio of 4.52. The firm has a market capitalization of $115.44 million, a P/E ratio of -2.15, a PEG ratio of 0.51 and a beta of 2.21. The business has a 50-day moving average of $1.67 and a 200-day moving average of $1.55. NN, Inc. has a 1 year low of $1.10 and a 1 year high of $2.88.

Analysts Set New Price Targets

Several equities research analysts have commented on NNBR shares. B. Riley Financial lowered their target price on shares of NN from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Friday, March 6th. Zacks Research cut shares of NN from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of NN in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $3.00.

Read Our Latest Stock Analysis on NN

More NN News

Here are the key news stories impacting NN this week:

Neutral Sentiment: Barrett remains a substantial holder, with the most recent filing showing ~4.57 million shares retained (value ≈ $12.0M). This indicates he still has meaningful exposure to NNBR even after the sales. SEC Filings
Negative Sentiment: Aggregate insider sales of about 1.64 million shares were executed between April 15 and April 27 (multiple Form 4s), removing significant block liquidity from the free float and likely adding downward pressure on the stock. SEC Filings
Negative Sentiment: Largest single disclosed sale during the period: 555,305 shares on April 23 at an average price of $2.69 (≈$1.49M), a material block that may have influenced intraday trading levels. SEC Filings
Negative Sentiment: Multiple smaller disposals (ranging from ~40k to ~350k shares) on April 15–24 show a pattern of sustained selling rather than a single one-off trade; repeated insider sales often raise questions about near-term company prospects or personal liquidity planning. SEC Filings

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of NNBR. Laurel Oak Wealth Management LLC acquired a new position in shares of NN in the first quarter valued at approximately $72,000. Virtu Financial LLC acquired a new stake in shares of NN during the fourth quarter worth $30,000. XTX Topco Ltd raised its holdings in shares of NN by 29.3% during the fourth quarter. XTX Topco Ltd now owns 73,920 shares of the industrial products company’s stock worth $95,000 after acquiring an additional 16,732 shares during the period. Quadrature Capital Ltd bought a new stake in NN in the 4th quarter valued at $77,000. Finally, First Manhattan CO. LLC. boosted its stake in NN by 8.2% in the 4th quarter. First Manhattan CO. LLC. now owns 3,003,800 shares of the industrial products company’s stock worth $3,845,000 after purchasing an additional 228,800 shares during the period. Institutional investors own 53.92% of the company’s stock.

About NN

(Get Free Report)

NN, Inc (NASDAQ: NNBR) is a diversified industrial manufacturing company specializing in engineered metal components, powder metal parts and friction materials. Through its subsidiaries, the company develops and produces precision-rolled products for powertrain and chassis applications, engineered friction products for brake and transmission systems, and various metal powders used in automotive, industrial and energy markets. Its offerings span a wide range of component sizes and complexity, from thin‐gauge strips for hybrid and electric vehicle applications to high‐volume sintered parts for commercial and consumer products.

The company’s operations are organized into three business segments.