Jennifer Lynn Slater, President & CEO at STRATTEC SECURITY CORP (STRT), bought 1,597 shares at $62.71 ($100K) on 2026-05-12, disclosed to the SEC on 2026-05-14.
President and CEO Jennifer Slater purchased 797 shares for approximately $50k on May 12, marking the largest purchase of her career. This move comes as the stock has dropped nearly 29% over the last 90 days, potentially signaling confidence in the recent earnings miss.
The stock has suffered a sharp pullback, falling 28.82% over the last 90 days and trading 30.43% below its 52-week high of $92.50.
The market is reacting to Q3 2026 earnings results released on May 12, which missed estimates due to lower volume and forex drag. Additionally, a cluster of 2 other insider purchases in the last 30 days suggests growing internal confidence.
The stock faces headwinds from a -21.05% earnings surprise in Q3 2026 and a short interest of 6.73% of the float, which could pressure the price further if sentiment remains negative.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $62.71 | 797 | $50K | 50.0% |
| 2 | $62.46 | 800 | $50K | 50.0% |
| Total | $62.62 avg | 1,597 | $100K | 100% |