8,523 Shares in Strattec Security Co. (NASDAQ:STRT) Bought by 683 Capital Management LLC

683 Capital Management LLC acquired a new stake in Strattec Security Co. (NASDAQ:STRT - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 8,523 shares of the auto parts company's stock, valued at approximately $351,000. 683 Capital Management LLC owned about 0.21% of Strattec Security as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Tower Research Capital LLC TRC purchased a new position in shares of Strattec Security in the 4th quarter valued at approximately $33,000. Gabelli Funds LLC lifted its position in Strattec Security by 3.2% during the fourth quarter. Gabelli Funds LLC now owns 31,900 shares of the auto parts company's stock valued at $1,314,000 after buying an additional 1,000 shares during the period. Barclays PLC boosted its holdings in shares of Strattec Security by 25.5% during the 4th quarter. Barclays PLC now owns 4,957 shares of the auto parts company's stock valued at $204,000 after buying an additional 1,007 shares in the last quarter. West Oak Capital LLC grew its position in shares of Strattec Security by 5,525.0% in 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. Finally, JPMorgan Chase & Co. bought a new position in shares of Strattec Security in the 3rd quarter worth about $69,000. Hedge funds and other institutional investors own 68.91% of the company's stock.

Strattec Security Stock Down 3.2 %

Shares of Strattec Security stock traded down $1.12 during midday trading on Monday, hitting $33.99. The company had a trading volume of 17,917 shares, compared to its average volume of 21,049. Strattec Security Co. has a 52-week low of $21.05 and a 52-week high of $53.01. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.77 and a current ratio of 2.60. The stock has a market capitalization of $141.81 million, a P/E ratio of 8.50, a P/E/G ratio of 1.37 and a beta of 1.10. The company has a 50 day moving average of $39.64 and a 200 day moving average of $40.73.

Insider Transactions at Strattec Security

In related news, COO Rolando Guillot sold 3,500 shares of the company's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $50.10, for a total value of $175,350.00. Following the transaction, the chief operating officer now directly owns 36,443 shares of the company's stock, valued at approximately $1,825,794.30. This represents a 8.76 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 6.40% of the company's stock.

Analysts Set New Price Targets

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

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.