Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. NN Inc shares valued at $22,220 were purchased by Gautam Rajeev on May 15 ’25. At $2.22 per share, Gautam Rajeev acquired 10,000 shares. The insider’s holdings grew to 60,000 shares worth approximately $0.14 million following the completion of this transaction.
Also, French Timothy M. purchased 44,784 shares, netting a total of over 93,106 in proceeds. Following the buying of shares at $2.08 each, the insider now holds 374,784 shares.
Before that, French Timothy M. had added 5,216 shares to its account. In a trade valued at $11,157, the Chief Operating Officer bought NN Inc shares for $2.14 each. Upon closing the transaction, the insider’s holdings increased to 5,216 shares, worth approximately $0.88 million.
As published in their initiating research note from Noble Capital Markets on April 15, 2024, NN Inc [NNBR] has been an Outperform and the price target has been revised to $6. Analysts at Lake Street upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early August. As of March 18, 2022, KeyBanc Capital Markets has decreased its “an Overweight” rating to a “Sector weight” for NNBR. Earlier on April 06, 2021, CJS Securities downgraded its rating. Their new recommendation was “a Market perform” for NNBR stock which previously was a “a Market outperform”.
Analyzing NNBR Stock Performance
On last trading session, NN Inc [NASDAQ: NNBR] rose 1.32% to $2.31. The stock’s lowest price that day was $2.285, but it reached a high of $2.37 in the same session. During the last five days, there has been a surge of approximately 18.46%. Over the course of the year, NN Inc shares have dropped approximately -23.00%. Shares of the company reached a 52-week high of $4.67 on 01/14/25 and a 52-week low of $1.58 on 04/16/25.
Support And Resistance Levels for NN Inc (NNBR)
According to the 24-hour chart, there is a support level at 2.27, which, if violated, would cause prices to drop to 2.24. In the upper region, resistance lies at 2.36. The next price resistance is at 2.41. RSI (Relative Strength Index) is 60.84 on the 14-day chart, showing neutral technical sentiment.
Is NN Inc subject to short interest?
Stocks of NN Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.21 million shares to 2.55 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 2.34 million shares. A jump of 8.29% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 12.65 of the overall float, the days-to-cover ratio (short ratio) jumped to 12.65.
