StockNews.com started coverage on shares of Key Tronic (NASDAQ:KTCC – Free Report) in a research report report published on Sunday morning. The firm issued a buy rating on the technology company’s stock.
Separately, TheStreet lowered shares of Key Tronic from a c rating to a d+ rating in a research report on Tuesday, October 31st.
Key Tronic Price Performance
Institutional Investors Weigh In On Key Tronic
Institutional investors and hedge funds have recently bought and sold shares of the stock. O Shaughnessy Asset Management LLC raised its stake in Key Tronic by 56.6% in the second quarter. O Shaughnessy Asset Management LLC now owns 18,808 shares of the technology company’s stock valued at $107,000 after purchasing an additional 6,795 shares in the last quarter. Cox Capital Mgt LLC purchased a new stake in Key Tronic in the third quarter valued at approximately $116,000. Geode Capital Management LLC raised its stake in Key Tronic by 75.0% in the first quarter. Geode Capital Management LLC now owns 92,005 shares of the technology company’s stock valued at $669,000 after purchasing an additional 39,426 shares in the last quarter. Kennedy Capital Management LLC raised its stake in Key Tronic by 564.6% in the second quarter. Kennedy Capital Management LLC now owns 103,834 shares of the technology company’s stock valued at $589,000 after purchasing an additional 88,210 shares in the last quarter. Finally, BlackRock Inc. raised its stake in Key Tronic by 32.2% in the second quarter. BlackRock Inc. now owns 56,537 shares of the technology company’s stock valued at $321,000 after purchasing an additional 13,760 shares in the last quarter.
Key Tronic Company Profile
Key Tronic Corporation provides contract manufacturing services to original equipment manufacturers in the United States and internationally. The company offers integrated electronic and mechanical engineering, assembly, sourcing and procurement, logistics, and new product testing services. Its services include product design; surface mount technologies and pin through hole capability for printed circuit board assembly; tool making; precision plastic molding; sheet metal fabrication and painting; liquid injection molding; complex assembly; prototype design; and full product assembly services.
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