The SVP and CFO of Strattec Security Corp (STRT) is Selling Shares


Today, the SVP and CFO of Strattec Security Corp (NASDAQ: STRT), Patrick Hansen, sold shares of STRT for $52.5K.

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Based on Strattec Security Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $117 million and quarterly net profit of $3.98 million. In comparison, last year the company earned revenue of $108 million and had a net profit of $1.78 million. STRT’s market cap is $125M and the company has a P/E ratio of 10.36. Currently, Strattec Security Corp has an average volume of 3,564.

The insider sentiment on Strattec Security Corp has been negative according to 18 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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STRATTEC Security Corp. engages in the production of automotive locks and keys. The company’s products include mechanical and electronically enhanced locks and keys; steering column and instrument panel ignition lock housings; latches; power sliding side doors; power lift gates; power deck lids; and door handles.

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