Insider Selling: Autoliv, Inc. (NYSE:ALV) EVP Sells 401 Shares of Stock

Autoliv, Inc. (NYSE:ALV) EVP Per Jonas Jademyr sold 401 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $98.85, for a total value of $39,638.85. Following the completion of the sale, the executive vice president now directly owns 685 shares of the company’s stock, valued at $67,712.25. The trade was a 36.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Autoliv Price Performance

Shares of NYSE ALV opened at $98.13 on Thursday. The company has a current ratio of 0.96, a quick ratio of 0.71 and a debt-to-equity ratio of 0.67. The stock has a fifty day simple moving average of $96.03 and a two-hundred day simple moving average of $96.62. Autoliv, Inc. has a 1-year low of $89.51 and a 1-year high of $129.38. The firm has a market cap of $7.63 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 0.73 and a beta of 1.58.

Autoliv (NYSE:ALV) last posted its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.21. Autoliv had a return on equity of 28.62% and a net margin of 6.21%. Analysts anticipate that Autoliv, Inc. will post 9.51 earnings per share for the current year.

Autoliv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, March 7th will be paid a $0.70 dividend. The ex-dividend date is Friday, March 7th. This represents a $2.80 annualized dividend and a dividend yield of 2.85%. Autoliv’s payout ratio is 34.70%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ALV. Wells Fargo & Company reduced their target price on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating for the company in a research note on Monday, December 16th. Hsbc Global Res cut shares of Autoliv from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Pareto Securities lowered shares of Autoliv to a “hold” rating in a research note on Monday, February 3rd. Daiwa Capital Markets raised shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 target price on the stock in a research report on Tuesday, January 7th. Finally, Daiwa America raised Autoliv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Ten research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $117.23.

Institutional Trading of Autoliv

Institutional investors have recently modified their holdings of the business. UMB Bank n.a. grew its stake in Autoliv by 139.5% in the 4th quarter. UMB Bank n.a. now owns 273 shares of the auto parts company’s stock valued at $26,000 after buying an additional 159 shares in the last quarter. AlphaQuest LLC boosted its holdings in shares of Autoliv by 74.4% in the fourth quarter. AlphaQuest LLC now owns 314 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 134 shares during the period. Fred Alger Management LLC purchased a new position in shares of Autoliv in the third quarter valued at $45,000. Twin Tree Management LP purchased a new position in shares of Autoliv in the fourth quarter valued at $50,000. Finally, Physician Wealth Advisors Inc. bought a new stake in shares of Autoliv during the 4th quarter valued at $57,000. 69.57% of the stock is currently owned by hedge funds and other institutional investors.

Autoliv Company Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.