NN Ownership
| NNBR Stock | USD 3.79 0.14 3.56% |
Shares in Circulation | First Issued 1993-03-31 | Previous Quarter 48.8 M | Current Value 49 M | Avarage Shares Outstanding 23 M | Quarterly Volatility 11.1 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
NN |
NN Stock Ownership Analysis
About 71.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.77. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NN Inc has Price/Earnings To Growth (PEG) ratio of 1.68. The entity recorded a loss per share of 1.1. The firm last dividend was issued on the 6th of September 2019. NN had 3:2 split on the 6th of December 1995. NN, Inc., a diversified industrial company, designs, manufactures, and sells high-precision components and assemblies. NN, Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina. NN operates under Conglomerates classification in the United States and is traded on NASDAQ Exchange. It employs 3172 people. To find out more about NN Inc contact Harold Bevis at 980 264 4300 or learn more at https://www.nninc.com.Besides selling stocks to institutional investors, NN also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different NN's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align NN's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
NN Quarterly Liabilities And Stockholders Equity |
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NN Insider Trades History
About 10.0% of NN Inc are currently held by insiders. Unlike NN's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against NN's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of NN's insider trades
NN Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as NN is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NN Inc backward and forwards among themselves. NN's institutional investor refers to the entity that pools money to purchase NN's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | American Century Companies Inc | 2024-09-30 | 642.5 K | State Street Corp | 2024-06-30 | 485.7 K | Pacific Ridge Capital Partners, Llc | 2024-09-30 | 471 K | Kennedy Capital Management Inc | 2024-06-30 | 456 K | Bridgeway Capital Management, Llc | 2024-06-30 | 428.4 K | Northern Trust Corp | 2024-09-30 | 354.5 K | Paradigm Capital Management, Inc. | 2024-06-30 | 344.1 K | Primecap Management Company | 2024-09-30 | 337.6 K | Amvescap Plc. | 2024-06-30 | 189.4 K | Corre Partners Management Llc | 2024-06-30 | 6.6 M | Legion Partners Asset Management, Llc | 2024-09-30 | 4.8 M |
NN Inc Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NN insiders, such as employees or executives, is commonly permitted as long as it does not rely on NN's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NN insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
NN Outstanding Bonds
NN issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. NN Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most NN bonds can be classified according to their maturity, which is the date when NN Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| NRG Energy 525 Corp BondUS629377CH34 | View | |
| NRG Energy 575 Corp BondUS629377CE03 | View | |
| NRG Energy 6625 Corp BondUS629377CC47 | View | |
| US629377CS98 Corp BondUS629377CS98 | View | |
| US629377CR16 Corp BondUS629377CR16 | View | |
| US629377CQ33 Corp BondUS629377CQ33 | View | |
| US629377CP59 Corp BondUS629377CP59 | View | |
| US629377CN02 Corp BondUS629377CN02 | View |
NN Corporate Filings
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
8K | 4th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 21st of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Pair Trading with NN
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NN position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NN will appreciate offsetting losses from the drop in the long position's value.Moving against NN Stock
The ability to find closely correlated positions to NN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NN Inc to buy it.
The correlation of NN is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NN Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NN can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for NN Stock Analysis
When running NN's price analysis, check to measure NN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NN is operating at the current time. Most of NN's value examination focuses on studying past and present price action to predict the probability of NN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN's price. Additionally, you may evaluate how the addition of NN to your portfolios can decrease your overall portfolio volatility.