Autoliv (NYSE:ALV) EVP Sells $14,861.91 in Stock

Autoliv, Inc. (NYSE:ALV) EVP Staffan Olsson sold 119 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $124.89, for a total transaction of $14,861.91. Following the completion of the transaction, the executive vice president owned 2,137 shares of the company’s stock, valued at $266,889.93. The trade was a 5.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Autoliv Stock Performance

Shares of NYSE:ALV opened at $123.86 on Thursday. Autoliv, Inc. has a 1 year low of $75.49 and a 1 year high of $130.14. The stock has a market capitalization of $9.41 billion, a price-to-earnings ratio of 13.02, a price-to-earnings-growth ratio of 1.05 and a beta of 1.32. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.05 and a quick ratio of 0.79. The company’s 50 day simple moving average is $123.68 and its 200 day simple moving average is $121.59.

Autoliv (NYSE:ALV) last issued its earnings results on Friday, January 30th. The auto parts company reported $3.19 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.34. Autoliv had a return on equity of 30.42% and a net margin of 6.80%.The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.77 billion. During the same quarter last year, the business posted $3.05 EPS. The company’s revenue was up 7.7% compared to the same quarter last year. As a group, research analysts predict that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Institutional Investors Weigh In On Autoliv

A number of institutional investors have recently modified their holdings of ALV. UMB Bank n.a. increased its position in shares of Autoliv by 11.0% during the fourth quarter. UMB Bank n.a. now owns 825 shares of the auto parts company’s stock worth $98,000 after buying an additional 82 shares during the period. CIBC Private Wealth Group LLC boosted its position in Autoliv by 5.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,677 shares of the auto parts company’s stock valued at $199,000 after acquiring an additional 83 shares during the last quarter. Bessemer Group Inc. grew its holdings in Autoliv by 24.8% during the 3rd quarter. Bessemer Group Inc. now owns 448 shares of the auto parts company’s stock worth $56,000 after acquiring an additional 89 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Autoliv by 21.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the auto parts company’s stock worth $66,000 after acquiring an additional 98 shares in the last quarter. Finally, IFP Advisors Inc lifted its stake in shares of Autoliv by 110.3% in the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock valued at $25,000 after purchasing an additional 107 shares during the period. 69.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Wall Street Zen lowered shares of Autoliv from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. Wells Fargo & Company dropped their price target on Autoliv from $129.00 to $125.00 and set an “equal weight” rating for the company in a research note on Tuesday, December 9th. JPMorgan Chase & Co. upgraded Autoliv from a “neutral” rating to an “overweight” rating and increased their target price for the company from $109.00 to $140.00 in a research report on Wednesday, November 26th. Morgan Stanley set a $140.00 price target on Autoliv in a report on Wednesday, November 26th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Autoliv in a report on Monday, December 29th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $134.40.

Autoliv Company Profile

Autoliv Inc (NYSE: ALV) is a leading global supplier of automotive safety systems, specializing in the design, development and manufacture of passive and active safety products. Its core product portfolio includes airbags, seatbelts, steering wheels, restraint control modules and pedestrian protection systems. In recent years, the company has also expanded into active safety technologies, offering radar, camera and sensor solutions that support advanced driver assistance systems (ADAS) and autonomous driving applications.

Founded in 1997 following the spin-off of Electrolux’s automotive safety business, Autoliv has evolved into a multinational organization with a presence in over 27 countries.