Today, the President & CEO of NN Inc (NNBR), Richard Holder, bought shares of NNBR for $31.27K.
Following this transaction Richard Holder’s holding in the company was increased by 2.63% to a total of $1.2 million.
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Based on NN Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $206 million and GAAP net loss of $13.78 million. In comparison, last year the company earned revenue of $148 million and had a GAAP net loss of $82.39 million. NNBR’s market cap is $284.2M and the company has a P/E ratio of 55.97. Currently, NN Inc has an average volume of 569.9K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $16.67, reflecting a 147.0% upside.
The insider sentiment on NN Inc has been positive according to 34 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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NN, Inc. engages in the design and manufacture of high-precision solutions, components, and assemblies. It operates through Autocam Precision Components Group and Precision Engineered Products Group segments.
