Two 10% owners liquidating ~1.4% of market cap in a concentrated window with zero insider buying is a strong bearish signal. The selling accelerated as the stock rose from $2.06 to $2.63, suggesting insiders are taking advantage of the rally to exit. Monitor for an upcoming earnings release or material adverse news that may have prompted this selling. The cross-filing actuarial verdicts show this cluster is amplified by earnings context and press context — any forthcoming 8-K or earnings release should be treated with heightened scrutiny.
Price Chart
Executive Summary
Two 10% owners (Corre Partners Management and Barrett John Frederick) sold a combined $1.12M in open-market sales on April 15, 2026, at $2.06/share. This follows additional sales totaling $673K by the same insiders on April 24-27, creating a concentrated selling cluster of ~$1.8M over two weeks — representing roughly 1.4% of NNBR's $127M market cap, a materially significant insider liquidation.
Key Financial Metrics
Key Facts
- Two 10% owners sold 546,500 shares for $1.12M on April 15, 2026 at $2.06/share
- Same insiders sold additional 257,045 shares for $673K on April 24-27 at $2.51-$2.63/share
- Total cluster value of ~$1.8M represents ~1.4% of NNBR's $127M market cap
- No insider buying detected in the cluster window
- All transactions are open-market sales (code S) — no tax-motivated or derivative-related sales
Financial Impact
Insiders sold ~1.4% of market cap ($1.8M) in two weeks with zero buying
Risk Factors
- Insiders may be front-running negative news or a disappointing earnings report
- Continued selling pressure from remaining insider positions could cap upside
- Lack of any insider buying suggests management/owners lack confidence in near-term prospects
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NNBR-1777511173410 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | EFFECT | $3.36 | awaiting T+60 | — | $3.38 (+0.45%) |
Oct 15, 2026 10d ago | Press Release | $3.41 | awaiting T+60 | — | $3.38 (−1.03%) |
Oct 13, 2026 12d ago | S-3 | $3.46 | awaiting T+60 | — | $3.38 (+2.32%) |
Oct 8, 2026 18d ago | 8-K | $4.01 | awaiting T+60 | — | $3.38 (−15.84%) |
Oct 5, 2026 20d ago | 8-K | $4.04 | awaiting T+60 | — | $3.38 (+16.46%) |
Sep 22, 2026 4w ago | Press Release | $3.86 | awaiting T+60 | — | $3.38 (−12.56%) |
Sep 22, 2026 4w ago | 8-K | $3.86 | awaiting T+60 | — | $3.38 (−12.56%) |
Aug 20, 2026 9w ago | 8-K | $3.81 | awaiting T+60 | — | $3.38 (−11.42%) |
Jul 31, 2026 12w ago | 8-K | $3.31 | awaiting T+60 | — | $3.38 (+1.96%) |
Jul 22, 2026 13w ago | EFFECT | $3.45 $3.49 | ▼ −1.16% | ▲ +2.10% | $3.38 (+2.17%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers