NN (NASDAQ:NNBR) Major Shareholder Sells $81,661.20 in Stock

NN, Inc. (NASDAQ:NNBR) major shareholder Corre Partners Management, Llc sold 40,030 shares of NN stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $2.04, for a total transaction of $81,661.20. Following the completion of the transaction, the insider owned 715,491 shares of the company’s stock, valued at $1,459,601.64. This trade represents a 5.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Corre Partners Management, Llc also recently made the following trade(s):

• On Friday, April 17th, Corre Partners Management, Llc 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, Corre Partners Management, Llc 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

NNBR stock opened at $2.32 on Monday. The company has a debt-to-equity ratio of 4.52, a current ratio of 1.83 and a quick ratio of 1.09. The company has a 50 day moving average price of $1.56 and a 200 day moving average price of $1.52. NN, Inc. has a fifty-two week low of $1.10 and a fifty-two week high of $2.63. The stock has a market capitalization of $116.44 million, a PE ratio of -2.17, a price-to-earnings-growth ratio of 0.45 and a beta of 2.21.

NN News Roundup

Here are the key news stories impacting NN this week:

• Positive Sentiment: Sidoti raised near‑term earnings forecasts (FY2026 EPS to $0.12 from $0.11 and several quarterly tweaks that raise Q3/Q3‑2027 estimates). Upward revisions give fundamental cover for buyers. Sidoti estimate changes
• Positive Sentiment: Technical: shares recently cleared the 200‑day moving average, a bullish signal that can attract momentum traders and ETFs tracking technical rules. 200‑day moving average note
• Neutral Sentiment: Volume spike — trading volume is materially above average (about 2.44M vs ~584k average), indicating heightened interest; higher volume supports the move but can amplify volatility.
• Negative Sentiment: Large insider selling: major shareholder Corre Partners disposed of sizable blocks over April 15–17 (roughly 703,600 shares sold across filings), reducing their stake to ~622k shares and raising roughly $1.53M in proceeds. Significant insider exits can pressure sentiment and supply. SEC ownership filings
• Negative Sentiment: Underlying fundamentals remain mixed: consensus full‑year EPS is negative (≈-$0.20), the company shows a high debt load (debt/equity ~4.52) and a negative P/E — factors that limit tolerance for setbacks and could cap longer‑term upside.

Institutional Trading of NN

A number of institutional investors have recently bought and sold shares of NNBR. Two Sigma Investments LP acquired a new stake in NN during the 3rd quarter worth $27,000. Hudson Bay Capital Management LP acquired a new stake in NN during the 2nd quarter worth $29,000. Virtu Financial LLC acquired a new stake in NN during the 4th quarter worth $30,000. Quinn Opportunity Partners LLC acquired a new stake in NN during the 4th quarter worth $32,000. Finally, Quadrature Capital Ltd acquired a new stake in NN during the 4th quarter worth $77,000. Institutional investors and hedge funds own 53.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on NNBR shares. Zacks Research cut shares of NN from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 11th. Weiss Ratings restated a “sell (d-)” rating on shares of NN in a research report on Thursday, January 22nd. Finally, B. Riley Financial dropped their price objective on shares of NN from $4.00 to $3.00 and set a “buy” rating for the company in a research report on Friday, March 6th. One research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $3.00.

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.