NN, Inc., a diversified industrial company, combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis. Headquartered in Charlotte, North Carolina, NN has 32 facilities in North America, Europe, South America, and China.

Company profile
Ticker
NNBR
Exchange
Website
CEO
Warren Veltman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NN BALL & ROLLER INC
SEC CIK
Corporate docs
Subsidiaries
Advanced Precision Products, Inc. • Autocam (China) Automotive Components Co., Ltd. • Autocam Corporation • Autocam do Brasil Usinagem, Ltda. • Autocam Equipment Holdings, LLC • Autocam Equipment, LLC • Autocam Europe, B.V. • Autocam France, S.A.R.L. • Autocam International, Ltd. • Autocam South Carolina, Inc. ...
IRS number
621096725
NNBR stock data
News

Executives Buy Around $9M Of 4 Penny Stocks
18 May 22
12 Industrials Stocks Moving In Tuesday's Pre-Market Session
17 May 22
12 Industrials Stocks Moving In Friday's Pre-Market Session
13 May 22
11 Industrials Stocks Moving In Wednesday's Intraday Session
11 May 22
12 Industrials Stocks Moving In Friday's Pre-Market Session
6 May 22
Investment data
Securities sold
Number of investors
Calendar
6 May 22
26 Jun 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 20.63M | 20.63M | 20.63M | 20.63M | 20.63M | 20.63M |
Cash burn (monthly) | 2.68M | 1.87M | 1.14M | 1.12M | 1.74M | (no burn) |
Cash used (since last report) | 7.69M | 5.37M | 3.28M | 3.21M | 5M | n/a |
Cash remaining | 12.93M | 15.26M | 17.35M | 17.42M | 15.62M | n/a |
Runway (months of cash) | 4.8 | 8.2 | 15.2 | 15.6 | 9.0 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Jun 22 | Corre Partners Management | Common Stock, par value $0.01 per share | Buy | Acquire P | Yes | No | 2.3645 | 16,883 | 39.92K | 4,519,517 |
22 Jun 22 | Corre Partners Management | Common Stock, par value $0.01 per share | Buy | Acquire P | Yes | No | 2.3303 | 51,200 | 119.31K | 4,502,634 |
14 Jun 22 | JR. Michael C. Felcher, | Common Stock | Payment of exercise | Dispose F | No | No | 2.85 | 671 | 1.91K | 63,185 |
20 May 22 | Joao V Faria | Common Stock | Buy | Acquire P | No | No | 2.5982 | 7,700 | 20.01K | 57,777 |
17 May 22 | Benvenuti Raynard D. | Common Stock | Buy | Acquire P | Yes | No | 2.414 | 10,000 | 24.14K | 20,000 |
Institutional ownership, Q1 2022
83.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 80 |
Opened positions | 11 |
Closed positions | 13 |
Increased positions | 18 |
Reduced positions | 34 |
13F shares | Current |
---|---|
Total value | 105.7M |
Total shares | 36.84M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Paradigm Capital Management | 4.3M | $12.39M |
Legion Partners Asset Management | 4.07M | $11.73M |
Corre Partners Management | 4.06M | $11.69M |
BLK Blackrock | 2.84M | $8.18M |
Primecap Management | 2.64M | $7.59M |
Royce & Associates | 2.15M | $6.2M |
NMR Nomura | 2.14M | $6.1M |
Dimensional Fund Advisors | 1.95M | $5.63M |
Vanguard | 1.75M | $5.03M |
Allspring Global Investments | 1.4M | $4.02M |
Financial report summary
?Competition
Aegon N. V. - New York SharesRisks
- Our international operations and business, financial condition, and prospects may be adversely affected by the current military conflict between Russia and Ukraine and other future social and geopolitical instability.
Management Discussion
- Although the United States and global economy continue to recover from the COVID-19 pandemic, we cannot predict when a full economic recovery will occur. The impact of new and more easily transmitted variants of COVID-19, such as the Delta and Omicron variants, cannot be predicted at this time and could depend on numerous factors, including vaccination rates among the population, the effectiveness of COVID-19 vaccines against any new variants, and the response by governmental bodies and regulators. Further surges in COVID-19 infection rates could result in the reinstatement of directives and mandates requiring businesses to again curtail or cease normal operations.
- The spread of COVID-19 and the responses thereto have created a disruption in the manufacturing, delivery, and overall supply chain of automobile manufacturers and suppliers, as well as disruption within the power industry. Global vehicle production decreased significantly in 2020, but production ramped back up in 2021. However, production continues to be impacted by disruptions of global supply chains, which have caused challenges in obtaining raw materials we use in the manufacture of some of our products. In addition, power shortages in China have resulted in widespread blackouts, often without any or little notice. These blackouts caused us and other manufacturers in the region to shut down production until power was restored. Supply chain and COVID-19 related disruptions are expected to continue during 2022.
- Inflation triggered by the unprecedented economic impact of the COVID-19 pandemic has increased our manufacturing cost, particularly labor and materials, and is expected to continue into future periods. A worldwide semiconductor chip shortage
Content analysis
?Positive | ||
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Readability |
H.S. freshman Avg
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New words:
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Removed:
achievement, adjustment, agreed, Aid, amendment, American, amortization, application, authorized, board, building, built, buyer, carried, Chancery, closed, committee, complexity, consent, consisted, contingent, continuing, conversion, convert, corporate, Corre, decrease, degree, Delaware, depreciation, discontinuation, discontinued, disposition, disrupt, distribution, drove, earnout, EBITDA, enacted, estimated, estimating, estimation, exceeded, expanding, falling, finance, Fund, gain, GILTI, goodwill, half, high, historical, Historically, Horizon, improve, improved, improvement, increasing, incremental, indemnify, indexed, inflow, initiative, interpolation, issue, judgment, lease, leased, leasehold, legislation, lending, Life, LLC, long, LP, make, Master, meaningful, multiplied, noncurrent, October, ownership, participant, percentage, permitted, positively, prepay, prepayment, produce, product, receiving, reclassification, record, refinanced, reflected, remeasurement, rent, resident, residual, resulting, retrospective, revised, Revolver, ROU, section, Security, sharp, shown, simplification, Simplifying, single, SmallCap, SPA, space, specific, stated, strategic, support, tabular, target, terminate, tested, transition, utilized, VAT
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
26 May 22
8-K
NN, Inc. Reports Financial Results for First Quarter
4 May 22
8-K
NN, Inc. Reports Financial Results for Fourth Quarter and Full Year 2021
10 Mar 22
8-K
NN, Inc. Announces Amendment to Term Loan
4 Mar 22
8-K
NN, Inc. Reports Financial Results for Third Quarter 2021
4 Nov 21
8-K
NN, Inc. Reports Strong Sales Growth and Margin Improvement for Second Quarter 2021
5 Aug 21
8-K
Departure of Directors or Certain Officers
15 Jun 21
8-K
Submission of Matters to a Vote of Security Holders
28 May 21
8-K
NN, INC. Announces Cooperation Agreement with Corre Partners
14 May 21
8-K
NN, Inc. Reports Strong Sales Growth and Improved Operating Margins for First Quarter 2021
6 May 21
Registration and prospectus
8-A12B
Registration of securities on exchange
16 Apr 20
S-8
Registration of securities for employees
21 Jun 19
424B5
Prospectus supplement for primary offering
13 Sep 18
424B5
Prospectus supplement for primary offering
9 Sep 18
POS AM
Prospectus update (post-effective amendment)
15 Mar 17
S-3
Shelf registration
15 Mar 17
S-8
Registration of securities for employees
15 Mar 17
424B5
Prospectus supplement for primary offering
25 Jun 15
424B5
Prospectus supplement for primary offering
21 Jun 15
S-3/A
Shelf registration (amended)
26 Jan 15
Other
SD
Conflict minerals disclosure
26 May 22
SD
Conflict minerals disclosure
24 May 21
SD
Conflict minerals disclosure
22 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
30 May 18
SD
Conflict minerals disclosure
30 May 17
EFFECT
Notice of effectiveness
18 Apr 17
EFFECT
Notice of effectiveness
18 Apr 17
CORRESP
Correspondence with SEC
9 Apr 17
CORRESP
Correspondence with SEC
27 Mar 17
Ownership
4
NN / Eric Hjalmar Soderlund ownership change
24 Jun 22
4
NN / JR. MICHAEL C. FELCHER, ownership change
15 Jun 22
SC 13D/A
NN / Corre Partners Management ownership change
25 May 22
3
Initial statement of insider ownership
25 May 22
4
NN / Joao V Faria ownership change
24 May 22
4
NN / RAYNARD D. BENVENUTI ownership change
18 May 22
4
NN / John Frederick Barrett ownership change
17 May 22
4
NN / JR. MICHAEL C. FELCHER, ownership change
16 May 22
4
NN / Warren A Veltman ownership change
16 May 22
4
NN / JERI J HARMAN ownership change
15 May 22
Transcripts
2022 Q1
Earnings call transcript
6 May 22
2021 Q4
Earnings call transcript
11 Mar 22
2021 Q3
Earnings call transcript
5 Nov 21
2021 Q2
Earnings call transcript
8 Aug 21
2021 Q1
Earnings call transcript
9 May 21
2020 Q4
Earnings call transcript
12 Mar 21
2020 Q3
Earnings call transcript
8 Nov 20
2020 Q3
Earnings call transcript
6 Nov 20
2020 Q2
Earnings call transcript
7 Aug 20
2020 Q1
Earnings call transcript
9 May 20
Reddit threads
Daily Discussion Thread - May 5th, 2022
5 May 22
Daily Discussion Thread - May 4th, 2022
4 May 22
Daily Discussion Thread - March 10th, 2022
10 Mar 22
Daily Discussion Thread - March 9th, 2022
9 Mar 22
Daily Discussion Thread - March 8th, 2022
8 Mar 22
Daily Discussion Thread - March 7th, 2022
7 Mar 22
Daily Discussion Thread - November 4th, 2021
4 Nov 21
Daily Discussion Thread - November 3rd, 2021
3 Nov 21
Announcements x Daily Discussion for Monday, November 01, 2021
1 Nov 21
Daily Discussion Thread - August 5th, 2021
5 Aug 21