strattec security corporation, headquartered in milwaukee, wisconsin, is one of the world's largest producer of automotive locks and keys. strattec designs, develops, manufactures and markets mechanical locks, electronically enhanced locks and keys, and ignition lock housings; access control products, including latches, power sliding door systems, power lift gate systems, power deck lid systems, door handles and related access control products for north american and global automotive customers. strattec ships products to customer locations in the united states, canada, mexico, europe, south america, korea and china, and provides full service aftermarket support. strattec also supplies products for the heavy truck and recreational vehicle markets, as well as precision die castings. strattec's mission is to provide the highest value mechanical, electro-mechanical and electronic security/access control products for the global motor vehicle industry. we will do so in a manner which ensures
Company profile
Ticker
STRT
Exchange
Website
CEO
Frank Joseph Krejci
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Icahn Enterprises • Magna International • Aptiv • Adient • Autoliv • BorgWarner • Visteon • Dana • Allison Transmission • PHINIA ...
SEC CIK
Corporate docs
Subsidiaries
STRATTEC de Mexico S.A. de C.V. • STRATTEC POWER ACCESS LLC • ADAC-STRATTEC LLC ...
IRS number
391804239
STRT stock data
Latest filings (excl ownership)
S-8
Registration of securities for employees
13 Feb 24
10-Q
2024 Q2
Quarterly report
8 Feb 24
8-K
Strattec Security Corporation Reports Fiscal 2024 Second Quarter
8 Feb 24
8-K
Regulation FD Disclosure
5 Jan 24
8-K/A
Departure of Directors or Certain Officers
28 Nov 23
8-K
Departure of Directors or Certain Officers
28 Nov 23
8-K/A
Departure of Directors or Certain Officers
21 Nov 23
8-K
STRATTEC SECURITY CORPORATION Announces CEO Transition Plan
13 Nov 23
10-Q
2024 Q1
Quarterly report
9 Nov 23
8-K
Regulation FD Disclosure
31 Oct 23
Latest ownership filings
4
Tina M Chang
5 Mar 24
4
FREDERIC JACK LIEBAU JR
28 Feb 24
4
THOMAS W FLORSHEIM JR
26 Feb 24
SC 13G/A
T. Rowe Price Investment Management, Inc.
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
4
MARIO J GABELLI
23 Jan 24
SC 13G/A
GABELLI EQUITY SERIES FUNDS INC
16 Jan 24
4
MARIO J GABELLI
28 Dec 23
4
MARIO J GABELLI
26 Dec 23
Financial summary
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Diluted EPS |
Annual (USD) | Jul 23 | Jul 22 | Jun 21 | Jun 20 | |
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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) | 15.67 mm | 15.67 mm | 15.67 mm | 15.67 mm | 15.67 mm | 15.67 mm |
Cash burn (monthly) | 1.64 mm | (no burn) | (no burn) | 37.42 k | 1.29 mm | (no burn) |
Cash used (since last report) | 9.16 mm | n/a | n/a | 209.63 k | 7.23 mm | n/a |
Cash remaining | 6.50 mm | n/a | n/a | 15.46 mm | 8.43 mm | n/a |
Runway (months of cash) | 4.0 | n/a | n/a | 413.1 | 6.5 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Tina M Chang | Common Stock, par value $.01 per share | Buy | Acquire P | No | No | 25.96 | 500 | 12.98 k | 4,250 |
26 Feb 24 | Liebau Frederic Jack JR | Common Stock, par value $.01 per share | Buy | Acquire P | No | No | 24.94 | 2,000 | 49.88 k | 2,000 |
22 Feb 24 | Thomas W Florsheim JR | Common Stock, par value $.01 per share | Buy | Acquire P | No | No | 24.95 | 1,000 | 24.95 k | 14,950 |
22 Jan 24 | Gamco Investors | Common Stock | Sell | Dispose S | Yes | No | 23.23 | 200 | 4.65 k | 2,500 |
26 Dec 23 | Gamco Investors | Common Stock | Sell | Dispose S | Yes | No | 30.1 | 100 | 3.01 k | 2,700 |