Insider Selling: Aptiv PLC (NYSE:APTV) SVP Sells 14,568 Shares of Stock

Aptiv PLC (NYSE:APTV - Get Free Report) SVP Benjamin Lyon sold 14,568 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the sale, the senior vice president now owns 125,237 shares in the company, valued at approximately $8,203,023.50. The trade was a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Aptiv Stock Performance

Shares of APTV traded up $1.11 during trading hours on Friday, reaching $63.28. 3,780,444 shares of the company traded hands, compared to its average volume of 3,226,988. The stock has a market capitalization of $14.52 billion, a P/E ratio of 9.20, a P/E/G ratio of 0.62 and a beta of 1.78. The company has a quick ratio of 1.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.87. The business has a fifty day moving average price of $63.64 and a 200-day moving average price of $63.48. Aptiv PLC has a 12-month low of $51.47 and a 12-month high of $85.56.

Aptiv (NYSE:APTV - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The auto parts company reported $1.75 earnings per share for the quarter, beating analysts' consensus estimates of $1.63 by $0.12. Aptiv had a return on equity of 15.63% and a net margin of 9.07%. Equities analysts anticipate that Aptiv PLC will post 7.2 EPS for the current fiscal year.

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Hedge Funds Weigh In On Aptiv

Institutional investors have recently modified their holdings of the stock. Brown Brothers Harriman & Co. boosted its stake in shares of Aptiv by 1,410.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 438 shares of the auto parts company's stock worth $32,000 after acquiring an additional 409 shares in the last quarter. Picton Mahoney Asset Management purchased a new position in Aptiv during the fourth quarter worth approximately $37,000. Brooklyn Investment Group purchased a new stake in shares of Aptiv in the third quarter valued at approximately $43,000. CENTRAL TRUST Co raised its stake in shares of Aptiv by 356.3% during the 4th quarter. CENTRAL TRUST Co now owns 867 shares of the auto parts company's stock worth $52,000 after buying an additional 677 shares during the period. Finally, Transamerica Financial Advisors Inc. purchased a new position in shares of Aptiv during the 3rd quarter valued at approximately $64,000. Hedge funds and other institutional investors own 94.21% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Barclays raised their price target on shares of Aptiv from $75.00 to $80.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. Evercore ISI lowered their price target on Aptiv from $105.00 to $95.00 and set an "outperform" rating for the company in a report on Monday, February 10th. Deutsche Bank Aktiengesellschaft raised Aptiv from a "hold" rating to a "buy" rating and set a $78.00 target price for the company in a research report on Friday, February 7th. Robert W. Baird upgraded Aptiv from a "neutral" rating to an "outperform" rating and upped their target price for the stock from $75.00 to $82.00 in a report on Monday, January 27th. Finally, Wells Fargo & Company lifted their price objective on Aptiv from $76.00 to $86.00 and gave the company an "overweight" rating in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, sixteen have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $86.50.

Aptiv Company Profile

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.