Corre Partners Advisors LLC

10% owner Corre Partners sold 703.7K shares (65.4% of position) for $1.9M at avg $2.68 across 6 sales, 2026-04-23 to -27.

Corre Partners Management, LLC, a 10% shareholder, executed 6 separate sales totaling 703,669 shares for $1,882,704.29 between April 23 and April 27, 2026, reducing its stake from 1,076,413 shares to 372,744 shares—a reduction of 65.4% of its pre-transaction holdings. The blended average sale price of $2.68 occurred at the 52-week high ($2.65 current price is +0.0% from high), placing this disposition near a peak valuation window. Materially, NNBR is unprofitable (net income $-6.7M in the latest quarter, negative full-year result) with declining revenue (-9.1% annual growth), and the stock's recent 30-day and 90-day surges of +75.5% and +74.3% respectively suggest upward momentum that may have prompted the liquidation timing. Prior same-ticker history shows 5 recent sells at this ticker (April 15–17) with outcomes not yet measurable, indicating a multi-day reduction sequence. The scale of this liquidation—eliminating two-thirds of a major shareholder's position—warrants examination of whether underlying conditions (deteriorating margins, negative profitability, or strategic decisions) are shaping the reduction.

10% owner Corre Partners sold 703,627 shares (-53.1% of holdings) for $1.5M as stock rallies 88.6% in 30 days.

Corre Partners Management, LLC executed 6 separate sales totaling 703,627 shares (703.6K shares) for $1,528,982.80 ($1.5M) over three days (April 15–17, 2026) at a blended average price of $2.17, reducing its stake from 1,325,996 shares to 622,369 shares—a reduction of 53.1%. This sale occurs in a notable context: NNBR stock has surged 88.6% over the prior 30 days and 60.0% over 90 days, yet the company reported negative net income of $-6,679,000.00 ($-6.7M) in its most recent quarter and contracted revenues year-over-year by 9.1%. The insider's prior transaction history at NNBR (4 of 4 prior sells) showed a 100% well-timed rate at the 90-day mark, with post-sale declines ranging from -52.1% to -59.2%, establishing a consistent pattern of selling ahead of subsequent downturns. Current price of $2.32 is 11.1% below the 52-week high, but the recent momentum surge and deteriorating fundamentals create a setting where the historical timing pattern becomes material context for monitoring whether this liquidation precedes another decline.

10% Owner Corre Partners liquidates 427,630 shares (34.5% of position) in 4 transactions at blended $3.87, now down 46.6% from 52-week high

Corre Partners Management, LLC executed four separate sales totaling 427,630 shares for $1,656,750.55 on 2025-01-14, reducing its holding from 1,238,197 shares to 810,567 shares at prices of $3.76 and $4.41 per share. The stock has since fallen to $2.74 (−46.6% from the 52-week high of $5.13) and is down 29.9% in 30 days and 33.2% in 90 days, while NN INC remains unprofitable with full-year negative net income of $-2,557,000.00 and flat annual revenue growth of -1.9%. Notably, across Corre Partners' prior five purchases at this same ticker in May 2023, all five trades captured subsequent gains of 64%–125% over the 90-day horizon—a perfect 100% win rate—suggesting the fund has demonstrated precision timing in NNBR. This 34.5% position reduction at prices that now appear above current levels, combined with the unprofitable fundamentals and sustained downward price momentum, reflects a material exit from the stock following a disciplined track record of well-timed prior accumulations at the same company.