Aristides Capital LLC Has $444,000 Position in Strattec Security Co. (NASDAQ:STRT)

Aristides Capital LLC lessened its holdings in Strattec Security Co. (NASDAQ:STRT) by 44.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 10,785 shares of the auto parts company’s stock after selling 8,772 shares during the quarter. Aristides Capital LLC’s holdings in Strattec Security were worth $444,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Strattec Security in the 3rd quarter valued at approximately $47,000. West Oak Capital LLC lifted its position in shares of Strattec Security by 5,525.0% during the 4th 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 during the period. JPMorgan Chase & Co. acquired a new stake in Strattec Security in the 3rd quarter valued at $69,000. Barclays PLC grew its position in 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 acquiring an additional 2,202 shares during the period. Finally, Integrated Quantitative Investments LLC acquired a new position in Strattec Security during the fourth quarter worth $227,000. Institutional investors own 68.91% of the company’s stock.

Insider Activity at Strattec Security

In other news, COO Rolando Guillot sold 3,500 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $50.10, for a total transaction of $175,350.00. Following the sale, the chief operating officer now owns 36,443 shares in the company, valued at approximately $1,825,794.30. This represents a 8.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded 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

NASDAQ:STRT opened at $36.04 on Friday. The stock has a market capitalization of $150.36 million, a P/E ratio of 9.01, a price-to-earnings-growth ratio of 1.37 and a beta of 1.11. 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 Co. has a 1 year low of $21.05 and a 1 year high of $53.01. The firm has a 50 day moving average of $43.70 and a 200-day moving average of $41.24.

About Strattec Security

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.