Dimensional Fund Advisors LP recently announced the acquisition of new stake in Key Tronic Corporation (NASDAQ:KTCC). The institutional investor has increased its shareholding in the Technology company by 0.43% to 0.81 million shares with purchase of 3476.0 shares. This fresh investment now brings its stake to 7.51% valued currently at $3.5 million.
With over 0.17 million Key Tronic Corporation (KTCC) shares trading Monday and a closing price of $4.70 on the day, the dollar volume was approximately $0.81 million. The shares have shown a positive half year performance of 1.73% and its price on 01/23/23 lost nearly -2.69%. Currently, there are 10.76M common shares owned by the public and among those 10.05M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in Key Tronic Corporation are DFA US Small Cap Value Portfolio, Vanguard Total Stock Market Index, and Vanguard Extended Market Index Fu. DFA US Small Cap Value Portfolio owns 0.36 million shares of the company’s stock, all valued at over $1.56 million. Vanguard Extended Market Index Fu sold 1524.0 shares to bring its total holdings to over 0.15 million shares at a value of $0.66 million. Vanguard Extended Market Index Fu now owns shares totaling to 1.41% of the shares outstanding.
Shares of Key Tronic Corporation (NASDAQ: KTCC) opened at $4.85, up $0.02 from a prior closing price of $4.83. However, the script later moved the day high at 4.9500, down -2.69%. The company’s stock has a 5-day price change of -3.09% and 15.91% over the past three months. KTCC shares are trading 8.55% year to date (YTD), with the 12-month market performance down to -24.07% lower. It has a 12-month low price of $4.00 and touched a high of $6.54 over the same period. KTCC has an average intraday trading volume of 12.45K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.10%, -0.32%, and -1.62% respectively.
Institutional ownership of Key Tronic Corporation (NASDAQ: KTCC) shares accounts for 43.80% of the company’s 10.76M shares outstanding. Mutual fund holders own 31.13%, while other institutional holders and individual stakeholders account for 9.16% and 12.12% respectively.
It has a market capitalization of $49.82M and a beta (3y monthly) value of 1.56. The stock’s trailing 12-month PE ratio is 13.91, while the earnings-per-share (ttm) stands at $0.34. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.24% over the week and 2.85% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.