NN (NASDAQ:NNBR) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

30 May 2026, 00:57 by Teresa Graham · The Cerbat Gem

NN, Inc. (NASDAQ:NNBR – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.65 and traded as high as $3.07. NN shares last traded at $2.97, with a volume of 614,831 shares.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on NNBR shares. B. Riley Financial cut NN from a “buy” rating to a “neutral” rating in a report on Monday, May 11th. Zacks Research upgraded NN from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of NN in a research note on Tuesday, April 21st. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $3.00.

Read Our Latest Report on NNBR

NN Stock Down 3.6%

The company has a quick ratio of 1.16, a current ratio of 1.87 and a debt-to-equity ratio of 6.39. The stock has a market cap of $156.73 million, a P/E ratio of -2.72, a P/E/G ratio of 0.57 and a beta of 2.54. The company’s 50 day moving average price is $2.11 and its two-hundred day moving average price is $1.65.

NN (NASDAQ:NNBR – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The industrial products company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.07. The company had revenue of $118.45 million for the quarter, compared to the consensus estimate of $106.59 million. NN had a positive return on equity of 4.54% and a negative net margin of 7.85%. As a group, research analysts expect that NN, Inc. will post 0.12 earnings per share for the current year.

Insider Buying and Selling at NN

In related news, major shareholder John Frederick Barrett sold 555,305 shares of NN stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $2.69, for a total value of $1,493,770.45. Following the completion of the sale, the insider directly owned 4,717,079 shares in the company, valued at $12,688,942.51. The trade was a 10.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Corre Partners Management, Llc sold 555,305 shares of the company’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $2.69, for a total transaction of $1,493,770.45. Following the completion of the sale, the insider directly owned 412,427 shares of the company’s stock, valued at approximately $1,109,428.63. This trade represents a 57.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 3,292,614 shares of company stock worth $7,904,463. Insiders own 19.60% of the company’s stock.

Institutional Investors Weigh In On NN

Several hedge funds have recently modified their holdings of the business. Two Sigma Investments LP bought a new stake in NN during the third quarter valued at about $27,000. Hudson Bay Capital Management LP bought a new stake in shares of NN in the 2nd quarter valued at about $29,000. Virtu Financial LLC purchased a new position in shares of NN in the 4th quarter worth approximately $30,000. Quinn Opportunity Partners LLC bought a new position in shares of NN during the 4th quarter worth approximately $32,000. Finally, Laurel Oak Wealth Management LLC purchased a new stake in NN during the first quarter valued at approximately $72,000. Hedge funds and other institutional investors own 53.92% of the company’s stock.

About NN

(Get Free Report)

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.