Pacific Ridge Capital Partners LLC Has $7.83 Million Stake in Strattec Security Co. (NASDAQ:STRT)

Pacific Ridge Capital Partners LLC reduced its stake in shares of Strattec Security Co. (NASDAQ:STRT) by 0.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 190,077 shares of the auto parts company’s stock after selling 1,204 shares during the period. Strattec Security comprises approximately 1.8% of Pacific Ridge Capital Partners LLC’s portfolio, making the stock its 12th biggest position. Pacific Ridge Capital Partners LLC owned about 4.64% of Strattec Security worth $7,831,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. West Oak Capital LLC grew its holdings in Strattec Security by 5,525.0% during the fourth quarter. West Oak Capital LLC now owns 1,125 shares of the auto parts company’s stock worth $46,000 after buying an additional 1,105 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Strattec Security in the 3rd quarter worth $47,000. JPMorgan Chase & Co. bought a new stake in shares of Strattec Security in the 3rd quarter worth $69,000. Barclays PLC raised its holdings in shares of Strattec Security by 126.0% in the third quarter. Barclays PLC now owns 3,950 shares of the auto parts company’s stock valued at $169,000 after purchasing an additional 2,202 shares during the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of Strattec Security during the third quarter valued at about $308,000. 68.91% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Strattec Security

In related news, COO Rolando Guillot sold 3,500 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $50.10, for a total transaction of $175,350.00. Following the completion of the sale, the chief operating officer now owns 36,443 shares in the company, valued at approximately $1,825,794.30. This trade represents a 8.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 6.40% of the company’s stock.

Wall Street Analyst Weigh In

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

Strattec Security Stock Performance

Shares of STRT opened at $42.90 on Thursday. The stock has a 50 day moving average of $43.76 and a 200 day moving average of $41.12. The company has a market capitalization of $178.98 million, a price-to-earnings ratio of 10.73, a PEG ratio of 1.37 and a beta of 1.12. Strattec Security Co. has a 12 month low of $21.05 and a 12 month high of $53.01. The company has a current ratio of 2.60, a quick ratio of 1.77 and a debt-to-equity ratio of 0.06.

Strattec Security Company Profile

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.