NN, Inc. (NASDAQ:NNBR) Shares Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP increased its holdings in NN, Inc. (NASDAQ:NNBR) by 72.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,898 shares of the industrial products company’s stock after acquiring an additional 25,989 shares during the quarter. GSA Capital Partners LLP owned approximately 0.12% of NN worth $241,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Moss Adams Wealth Advisors LLC acquired a new position in NN in the third quarter valued at $43,000. SG Americas Securities LLC acquired a new position in NN in the 1st quarter valued at about $53,000. The Manufacturers Life Insurance Company acquired a new position in NN in the 2nd quarter valued at about $61,000. Rhumbline Advisers lifted its position in NN by 3,510.9% during the 2nd quarter. Rhumbline Advisers now owns 53,983 shares of the industrial products company’s stock worth $162,000 after acquiring an additional 52,488 shares during the period. Finally, Squarepoint Ops LLC purchased a new position in shares of NN in the 2nd quarter valued at approximately $265,000. Hedge funds and other institutional investors own 53.92% of the company’s stock.

NN Trading Up 0.3 %

NASDAQ:NNBR opened at $3.96 on Friday. The company has a current ratio of 1.96, a quick ratio of 1.18 and a debt-to-equity ratio of 1.27. The stock’s 50 day simple moving average is $3.79 and its 200-day simple moving average is $3.54. NN, Inc. has a 12-month low of $2.25 and a 12-month high of $5.40. The firm has a market cap of $197.79 million, a P/E ratio of -3.63 and a beta of 2.96.

About NN

NN, Inc, together with its subsidiaries, designs, manufactures, and sells high-precision components and assemblies for various end markets in the United States and internationally. It operates through two segments, Mobile Solutions and Power Solutions. The Mobile Solutions segment manufactures and sells system critical components for automotive, general industrial, and medical end markets for use in power steering, braking, transmissions, gasoline fuel system, diesel injection, and diesel emissions treatment applications, as well as in heating, ventilation, and air conditioning.