COO French Timothy M. bought 50,000 shares of NNBR for $104,262.96 across 2 transactions (blended avg $2.09); part of cluster buy pattern. Stock down -38.7% in 90 days.
Timothy M. French, COO of NN Inc, executed 2 separate purchases totaling 50,000 shares ($104,262.96) on May 13–14, 2025, at an average price of $2.09. This represents a 15.2% increase in his holdings (from 330,000 to 380,000 shares), and the filing is part of a cluster pattern with 2 other insiders buying within the past 14 days. The stock is currently trading at $2.03, down 38.7% over the past 90 days and 52.2% below its 52-week high of $4.25. NN Inc is unprofitable (net income of $-6.7M in the latest quarter), with annual revenue declining 5.1% year-over-year. The convergence of insider accumulation by multiple executives during a period of material stock decline and operational headwinds—combined with the stock rebounding 12.8% over the past 30 days—warrants close monitoring of whether these purchases reflect informed positioning or tactical responses to short-term weakness.