NN (NASDAQ:NNBR) Major Shareholder John Frederick Barrett Sells 136,165 Shares

NN, Inc. (NASDAQ:NNBR) major shareholder John Frederick Barrett sold 136,165 shares of NN stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $2.63, for a total value of $358,113.95. Following the completion of the transaction, the insider owned 4,568,715 shares of the company’s stock, valued at approximately $12,015,720.45. This trade represents a 2.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Major 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 Friday, April 24th, John Frederick Barrett sold 12,199 shares of NN stock. The stock was 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 stock was 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 stock was 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.
• On Wednesday, April 15th, John Frederick Barrett sold 315,436 shares of NN stock. The stock was sold at an average price of $2.06, for a total value of $649,798.16.

NN Price Performance

Shares of NNBR stock opened at $2.30 on Thursday. NN, Inc. has a 52-week low of $1.10 and a 52-week high of $2.88. The company has a debt-to-equity ratio of 4.52, a quick ratio of 1.09 and a current ratio of 1.83. The firm has a market capitalization of $115.44 million, a P/E ratio of -2.15, a P/E/G ratio of 0.51 and a beta of 2.21. The stock has a 50 day moving average price of $1.67 and a 200 day moving average price of $1.55.

NN News Summary

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

Wall Street Analyst Weigh In

NNBR has been the subject of a number of research analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of NN in a research note on Tuesday, April 21st. Zacks Research lowered NN from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 11th. Finally, B. Riley Financial decreased their price target on NN from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Friday, March 6th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $3.00.

Institutional Investors Weigh In On NN

Institutional investors and hedge funds have recently bought and sold shares of the company. Two Sigma Investments LP bought a new stake in NN during the 3rd quarter valued at $27,000. Hudson Bay Capital Management LP bought a new stake in NN during the 2nd quarter valued at $29,000. Virtu Financial LLC bought a new stake in NN during the 4th quarter valued at $30,000. Quinn Opportunity Partners LLC bought a new stake in NN during the 4th quarter valued at $32,000. Finally, Laurel Oak Wealth Management LLC bought a new stake in NN during the 1st quarter valued at $72,000. 53.92% of the stock is owned by institutional investors.

NN Company Profile

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.