NN INC
NNBR · Metalworkg Machinery & Equipment · 52.8M shares · +3%/yr ↑ shares · EDGAR filings ↗
Reference price $2.41 · est. market cap ~$127M — last insider sale, 2026-05-12 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D45Sub-scale precision-components maker with persistent losses, negative interest coverage and shrinking revenue mid-restructuring.
Strengths
- Engineered, system-critical parts with long-standing blue-chip relationships and high switching costs
- Footprint optimization and refinancing underway; OCF still slightly positive and current ratio 1.8
Risks
- Operating loss (-4.5%), net margin -8% and negative interest coverage (-0.85) signal earnings can't cover debt service
- Revenue down 9% (14th pct), negative FCF, low cash ($11M) and elevated leverage create distress-adjacent risk
Notable findings
- No interest coverageInterest coverage -0.85 (cannot cover interest)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -8.1%)
- Cash burnNegative free cash flow (-7.2M)
- Customer concentration~100% of revenue from one customer/distributor — 0 % 100
- Insider sellingInsider selling — 28 open-market sale(s) by 3 insider(s) (cluster of 3 insiders, ~$8M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
-4.5%
Net margin
-8.1%
Return on assets
-7.7%
Revenue growth (QoQ)
13.1%
Net debt / EBITDA
8.4×
Interest coverage
-0.8×
Current ratio
1.8×
Free cash flow
-$7M
EBITDA
$17M
Cash & investments
$11M
Cash runway
6q
Stock comp / revenue
0.8%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-25 | Bohnert Christopher H | Tax withheld | 9.2K | $2.68 |
| 2026-06-08 | Esch Robert James | Grant | 6.6K | — |
| 2026-05-22 | Bevis Harold C | Tax withheld | 130K | $2.45 |
| 2026-05-12 | White Raymond T. | Sell | 19K | $2.41 |
| 2026-04-27 | Corre Partners Management, LLC | Sell | 36K | $2.63 |
| 2026-04-27 | Barrett John Frederick | Sell | 136K | $2.63 |
| 2026-04-27 | Corre Partners Management, LLC | Sell | 100K | $2.63 |
| 2026-04-24 | Corre Partners Management, LLC | Sell | 8.9K | $2.51 |
| 2026-04-24 | Barrett John Frederick | Sell | 12K | $2.51 |
| 2026-04-24 | Corre Partners Management, LLC | Sell | 3.3K | $2.51 |
| 2026-04-23 | Barrett John Frederick | Sell | 555K | $2.69 |
| 2026-04-23 | Corre Partners Management, LLC | Sell | 149K | $2.69 |
| 2026-04-23 | Corre Partners Management, LLC | Sell | 407K | $2.69 |
| 2026-04-22 | Corre Partners Management, LLC | Sell | 25K | $2.30 |
| 2026-04-22 | Corre Partners Management, LLC | Sell | 69K | $2.30 |
| 2026-04-22 | Barrett John Frederick | Sell | 94K | $2.30 |
| 2026-04-21 | Corre Partners Management, LLC | Sell | 15K | $2.21 |
| 2026-04-21 | Corre Partners Management, LLC | Sell | 41K | $2.21 |
| 2026-04-21 | Barrett John Frederick | Sell | 55K | $2.21 |
| 2026-04-20 | Barrett John Frederick | Sell | 80K | $2.24 |
| 2026-04-20 | Corre Partners Management, LLC | Sell | 58K | $2.24 |
| 2026-04-20 | Corre Partners Management, LLC | Sell | 21K | $2.24 |
| 2026-04-17 | Corre Partners Management, LLC | Sell | 255K | $2.29 |
| 2026-04-17 | Corre Partners Management, LLC | Sell | 93K | $2.29 |
| 2026-04-17 | Barrett John Frederick | Sell | 348K | $2.29 |
| 2026-04-16 | Corre Partners Management, LLC | Sell | 11K | $2.04 |
| 2026-04-16 | Barrett John Frederick | Sell | 40K | $2.04 |
| 2026-04-16 | Corre Partners Management, LLC | Sell | 29K | $2.04 |
| 2026-04-15 | Barrett John Frederick | Sell | 315K | $2.06 |
| 2026-04-15 | Corre Partners Management, LLC | Sell | 231K | $2.06 |
| 2026-04-15 | Corre Partners Management, LLC | Sell | 84K | $2.06 |
| 2026-04-01 | NIXON D. GAIL | Tax withheld | 5.9K | $1.45 |
| 2026-03-19 | NIXON D. GAIL | Tax withheld | 1.2K | $1.48 |
| 2026-03-18 | NIXON D. GAIL | Grant | 54K | — |
| 2026-03-18 | STATHAM JAMI | Grant | 81K | — |
| 2026-03-18 | STATHAM JAMI | Tax withheld | 4.4K | $1.23 |
| 2026-03-18 | BENVENUTI RAYNARD D. | Grant | 52K | — |
| 2026-03-18 | Carroll Christina | Grant | 52K | — |
| 2026-03-18 | NIXON D. GAIL | Option exercise | 124K | — |
| 2026-03-18 | NIXON D. GAIL | Tax withheld | 42K | $1.23 |
| 2026-03-18 | Faria Joao V | Grant | 52K | — |
| 2026-03-18 | Gautam Rajeev | Grant | 52K | — |
| 2026-03-18 | Wilson Thomas Hampton Jr. | Grant | 52K | — |
| 2026-03-18 | HARMAN JERI J | Grant | 52K | — |
| 2026-03-18 | White Raymond T. | Grant | 49K | — |
| 2025-07-08 | STATHAM JAMI | Tax withheld | 1.5K | $2.21 |
| 2025-06-25 | Bohnert Christopher H | Tax withheld | 11K | $1.95 |
| 2025-05-22 | Bevis Harold C | Tax withheld | 131K | $1.90 |
| 2025-05-15 | Gautam Rajeev | Buy | 10K | $2.22 |
| 2025-05-14 | Bevis Harold C | Buy | 45K | $2.20 |
| 2025-05-14 | French Timothy M. | Buy | 5.2K | $2.14 |
| 2025-05-13 | Bevis Harold C | Buy | 1.1K | $2.12 |
| 2025-05-13 | French Timothy M. | Buy | 45K | $2.08 |
| 2025-05-13 | Bevis Harold C | Buy | 505 | $2.16 |
| 2025-05-13 | HARMAN JERI J | Buy | 10K | $2.00 |
| 2025-05-12 | Bevis Harold C | Buy | 3.1K | $1.84 |
| 2025-04-01 | NIXON D. GAIL | Tax withheld | 7.0K | $2.29 |
| 2025-03-28 | NIXON D. GAIL | Tax withheld | 2.5K | $2.45 |
| 2025-03-19 | NIXON D. GAIL | Tax withheld | 1.5K | $2.63 |
| 2025-03-18 | NIXON D. GAIL | Option exercise | 1.8K | — |
| 2025-03-18 | NIXON D. GAIL | Grant | 26K | $2.55 |
| 2025-03-18 | NIXON D. GAIL | Tax withheld | 628 | $2.55 |
| 2025-03-18 | Wilson Thomas Hampton Jr. | Grant | 59K | $2.55 |
| 2025-03-18 | Faria Joao V | Grant | 59K | $2.55 |
| 2025-03-18 | Gautam Rajeev | Grant | 59K | $2.55 |
| 2025-03-18 | BENVENUTI RAYNARD D. | Grant | 59K | $2.55 |
| 2025-03-18 | STATHAM JAMI | Grant | 39K | $2.55 |
| 2025-03-18 | Carroll Christina | Grant | 59K | $2.55 |
| 2025-03-18 | HARMAN JERI J | Grant | 59K | $2.55 |
| 2025-01-14 | Corre Partners Management, LLC | Sell | 274K | $3.76 |
| 2025-01-14 | Corre Partners Management, LLC | Sell | 79K | $3.76 |
| 2025-01-14 | Corre Partners Management, LLC | Sell | 58K | $4.41 |
| 2025-01-14 | Corre Partners Management, LLC | Sell | 17K | $4.41 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-22 | Reg FDExhibits | filing ↗ |
| 2026-06-12 | Exec/director changeExhibits | filing ↗ |
| 2026-05-20 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-05-11 | Reg FDExhibits | filing ↗ |
| 2026-05-06 | ResultsReg FD | filing ↗ |
| 2026-04-14 | ResultsExhibits | filing ↗ |
| 2026-03-23 | Reg FDExhibits | filing ↗ |
| 2026-03-04 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-22 | 2026-06-22 | 0000918541-26-000049 ↗ |
| 8-K | 2026-06-12 | 2026-06-10 | 0001104659-26-073458 ↗ |
| 8-K | 2026-05-20 | 2026-05-20 | 0000918541-26-000046 ↗ |
| 8-K | 2026-05-11 | 2026-05-11 | 0000918541-26-000037 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0000918541-26-000034 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0000918541-26-000033 ↗ |
| 8-K | 2026-04-14 | 2026-04-14 | 0001104659-26-043209 ↗ |
| 8-K | 2026-03-23 | 2026-03-23 | 0001104659-26-033046 ↗ |
| 10-K | 2026-03-04 | 2025-12-31 | 0000918541-26-000006 ↗ |
| 8-K | 2026-03-04 | 2026-03-04 | 0000918541-26-000007 ↗ |
| 8-K | 2026-01-30 | 2026-01-29 | 0001104659-26-008723 ↗ |
| 8-K | 2026-01-20 | 2026-01-16 | 0001104659-26-004834 ↗ |