NN (NASDAQ:NNBR) Major Shareholder Sells $30,619.49 in Stock

Key Points

  • Major shareholder John Frederick Barrett sold 136,165 shares on April 27 (avg $2.63) and executed multiple sales from April 15–27 totaling about 1.64 million shares, reducing his stake to 4,568,715 shares (≈2.89% decline) but leaving him with roughly $12.0M of exposure.
  • NNBR shares have come under pressure—opening at $2.30 and reported down about 9.4%—with the company carrying a market cap of ~$115.4M, a negative P/E (-2.15) and a high debt-to-equity ratio (4.52), which may amplify volatility.
  • Analyst sentiment is weak overall: the consensus rating is "Reduce" with a $3.00 consensus price target, reflecting mixed coverage (one Buy, two Sell) and recent downgrades from research firms.

NN, Inc. (NASDAQ:NNBR - Get Free Report) major shareholder John Frederick Barrett sold 12,199 shares of the company's stock in a transaction on Friday, April 24th. The stock was sold at an average price of $2.51, for a total transaction of $30,619.49. Following the completion of the transaction, the insider owned 4,704,880 shares of the company's stock, valued at $11,809,248.80. This trade represents a 0.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Major shareholders that own 10% or more 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 stock was sold at an average price of $2.63, for a total transaction of $358,113.95.
  • 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 transaction of $649,798.16.

NN Stock Down 9.4%




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

NN News Roundup

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

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Zacks Research lowered shares of NN from a "hold" rating to a "strong sell" rating in a research note on Wednesday, March 11th. B. Riley Financial decreased their price target 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. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of NN in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, NN has an average rating of "Reduce" and a consensus target price of $3.00.

Read Our Latest Stock Report on NN

Institutional Investors Weigh In On NN

Several institutional investors have recently modified their holdings of NNBR. First Manhattan CO. LLC. increased its holdings 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 buying an additional 228,800 shares in the last quarter. Nomura Holdings Inc. boosted its holdings in shares of NN by 0.6% during the 3rd quarter. Nomura Holdings Inc. now owns 2,969,632 shares of the industrial products company's stock valued at $6,117,000 after acquiring an additional 18,615 shares during the last quarter. Paradigm Capital Management Inc. NY boosted its holdings in shares of NN by 21.3% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 2,758,252 shares of the industrial products company's stock valued at $5,792,000 after acquiring an additional 483,952 shares during the last quarter. Nantahala Capital Management LLC boosted its holdings in shares of NN by 69.4% during the 2nd quarter. Nantahala Capital Management LLC now owns 2,441,416 shares of the industrial products company's stock valued at $5,127,000 after acquiring an additional 1,000,000 shares during the last quarter. Finally, Register Financial Advisors LLC boosted its holdings in shares of NN by 2.4% during the 3rd quarter. Register Financial Advisors LLC now owns 1,276,878 shares of the industrial products company's stock valued at $2,630,000 after acquiring an additional 29,498 shares during the last quarter. 53.92% of the stock is owned by hedge funds and other institutional investors.

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.

Further Reading

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