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Insider Buy Insider Buy April 3, 2023

Corre Partners Management, LLC purchased ~$868K in NN, Inc. stock

NN, Inc. (NNBR)  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

+131.7%

vs SPY +8.4%

NNBR price after insider trade by Corre Partners Management, LLC

Insider

Corre Partners Management, LLC

Role

Transaction

Open-Market Purchase

Approx. Value

~$868K

Trade Date

Apr 3, 2023

Company

NN, Inc.

Ticker

NNBR

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$868K purchase

A significant position. Insiders who invest $500K+ of their own money typically have strong views on their company's near-term outlook.

+131.7% in 90 days (S&P 500: +8.4%)

This trade beat the S&P 500 by 123.3 percentage points over 90 days. We track performance on every insider trade so you can see who consistently outperforms.

CP

How good is Corre Partners Management, LLC at picking stocks?

Full track record: win rate, average return, and performance vs S&P 500

See track record

On April 3, 2023, Corre Partners Management, LLC — a corporate insider at NN, Inc. — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$868K in NN, Inc. (NNBR) stock.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

In the 90 days following this trade, NNBR returned +131.7% versus +8.4% for the S&P 500 over the same period.

Full Conviction Analysis

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Strong
Trade size ~$868K
Insider role Insider
90-day return +131.7%
vs S&P 500 +123.3%

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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