Aptiv PLC (NYSE:APTV) SVP Sells $954,204.00 in Stock

Aptiv PLC (NYSE:APTV) SVP Benjamin Lyon sold 14,568 shares of Aptiv stock in a transaction on Monday, March 10th. The shares were sold at an average price of $65.50, for a total value of $954,204.00. Following the completion of the transaction, the senior vice president now directly owns 125,237 shares of the company’s stock, valued at $8,203,023.50. This represents a 10.42 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Aptiv Price Performance

Shares of APTV opened at $63.28 on Friday. The business has a 50-day moving average of $63.64 and a 200-day moving average of $63.53. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 1.07. The company has a market capitalization of $14.52 billion, a price-to-earnings ratio of 9.20, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. Aptiv PLC has a 1 year low of $51.47 and a 1 year high of $85.56.

Aptiv (NYSE:APTV) last released its quarterly earnings results on Thursday, February 6th. The auto parts company reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.12. Aptiv had a net margin of 9.07% and a return on equity of 15.63%. As a group, equities research analysts anticipate that Aptiv PLC will post 7.2 earnings per share for the current year.

Institutional Trading of Aptiv

Institutional investors have recently bought and sold shares of the company. South Dakota Investment Council lifted its stake in shares of Aptiv by 32.9% in the 4th quarter. South Dakota Investment Council now owns 128,954 shares of the auto parts company’s stock valued at $7,799,000 after purchasing an additional 31,941 shares during the period. Proactive Wealth Strategies LLC bought a new stake in Aptiv in the third quarter worth approximately $1,815,000. Focus Financial Network Inc. bought a new position in shares of Aptiv during the 4th quarter worth approximately $379,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Aptiv by 73.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 111,401 shares of the auto parts company’s stock worth $8,022,000 after buying an additional 47,215 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Aptiv in the 3rd quarter valued at $14,893,000. Institutional investors own 94.21% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Aptiv from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a research report on Friday, February 7th. Wells Fargo & Company increased their price target on shares of Aptiv from $76.00 to $86.00 and gave the stock an “overweight” rating in a research report on Friday, February 7th. UBS Group boosted their price objective on shares of Aptiv from $82.00 to $91.00 and gave the company a “buy” rating in a research report on Friday, February 7th. HSBC raised Aptiv from a “hold” rating to a “buy” rating and raised their target price for the company from $63.00 to $77.00 in a report on Tuesday, February 4th. Finally, Oppenheimer upped their price objective on Aptiv from $83.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Aptiv currently has an average rating of “Moderate Buy” and a consensus 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.