John Frederick Barrett Sells 40,030 Shares of NN (NASDAQ:NNBR) Stock

NN, Inc. (NASDAQ:NNBR) major shareholder John Frederick Barrett sold 40,030 shares of the company’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $2.04, for a total transaction of $81,661.20. Following the transaction, the insider directly owned 5,850,165 shares in the company, valued at approximately $11,934,336.60. This trade represents a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s shares 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 Friday, April 24th, John Frederick Barrett sold 12,199 shares of NN stock. The stock was sold at an average price of $2.51, for a total transaction of $30,619.49.
• 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $797,288.69.
• 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 Performance

NASDAQ:NNBR opened at $2.32 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.83 and a debt-to-equity ratio of 4.52. NN, Inc. has a fifty-two week low of $1.10 and a fifty-two week high of $2.88. The stock has a market cap of $116.44 million, a PE ratio of -2.17, a price-to-earnings-growth ratio of 0.44 and a beta of 2.21. The firm’s fifty day simple moving average is $1.68 and its 200-day simple moving average is $1.55.

Institutional Investors Weigh In On NN

Several institutional investors and hedge funds have recently made changes to their positions in the business. First Manhattan CO. LLC. boosted its position in shares of 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 position in shares of NN by 0.6% in the 3rd quarter. Nomura Holdings Inc. now owns 2,969,632 shares of the industrial products company’s stock worth $6,117,000 after buying an additional 18,615 shares in the last quarter. Paradigm Capital Management Inc. NY lifted its holdings in NN by 21.3% in 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 purchasing an additional 483,952 shares in the last quarter. Nantahala Capital Management LLC boosted its stake 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 worth $5,127,000 after purchasing an additional 1,000,000 shares during the last quarter. Finally, Register Financial Advisors LLC boosted its stake 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 worth $2,630,000 after purchasing an additional 29,498 shares during the last quarter. 53.92% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NNBR has been the topic of several recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of NN in a research report on Tuesday, April 21st. B. Riley Financial decreased their price objective on shares of NN from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Friday, March 6th. Finally, Zacks Research lowered shares of NN from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 11th. One equities research analyst has rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $3.00.

Key Headlines Impacting NN

Here are the key news stories impacting NN this week:

• Positive Sentiment: NN reported the IRS has processed a CARES Act refund in excess of $10M — management says the refund will more than offset a $10M Q1 loan, improving near-term liquidity and freeing cash to fund targeted growth (auto parts, electric grid/data center, defense, medical). NN to Receive Long-Awaited CARES Act IRS Refund
• Neutral Sentiment: NN is finalizing Q1 2026 results and will update financial guidance on May 6 — this near-term reporting date is a possible catalyst (could confirm improved cash position or reveal ongoing challenges). QuiverQuant CARES Act refund summary
• Negative Sentiment: Significant insider selling by major shareholder John Frederick Barrett across mid–late April (multiple Form 4s totaling large blocks, including a 555k-share sale) removed supply from his holdings and may weigh on investor sentiment and intraday trading pressure. NN insider selling report
• Negative Sentiment: While the refund improves liquidity, reliance on tax-provision recovery and the company’s recent borrowing highlight that leverage and execution on the growth program remain watchpoints for investors; upcoming Q1 disclosure will be important. GlobeNewswire release

NN Company Profile

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.