New insider activity at Key Tronic ( (KTCC) ) has taken place on March 5, 2025.
CEO Brett Larsen has made a significant investment in Key Tronic by purchasing 7,000 shares of the company’s stock, valued at $20,650. This move reflects a strong vote of confidence in the company’s future prospects.
Recent Updates on KTCC stock
Key Tronic recently held its Q2 earnings call, revealing a challenging quarter characterized by significant declines in revenue and margins due to unexpected component shortages and decreased demand. Despite these setbacks, the company remains optimistic about future recovery, focusing on strategic expansions in Arkansas and Vietnam to capitalize on onshoring trends and mitigate tariff impacts. Key Tronic is also exploring new business opportunities, such as a program in energy resiliency technology projected to contribute over $60 million in annual revenue. The company has reduced its inventory and liabilities, secured a new asset-based financing agreement to enhance financial flexibility, and anticipates a recovery in the third quarter as production issues are resolved. However, uncertainties surrounding tariffs continue to pose risks to cost management and margin performance.
More about Key Tronic
YTD Price Performance: -26.62%
Average Trading Volume: 40,172
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $32.93M