Insider Selling: Autoliv, Inc. (NYSE:ALV) CEO Sells $569,664.00 in Stock

Autoliv, Inc. (NYSE:ALV) CEO Mikael Bratt sold 5,760 shares of Autoliv stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $98.90, for a total transaction of $569,664.00. Following the completion of the sale, the chief executive officer now directly owns 23,307 shares in the company, valued at approximately $2,305,062.30. This represents a 19.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Autoliv Price Performance

Shares of NYSE:ALV opened at $97.38 on Friday. The company has a 50 day moving average of $96.25 and a 200 day moving average of $96.63. 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 market cap of $7.57 billion, a P/E ratio of 12.07, a P/E/G ratio of 0.73 and a beta of 1.58. Autoliv, Inc. has a 12 month low of $89.51 and a 12 month high of $129.38.

Autoliv (NYSE:ALV) last released its quarterly earnings results on Friday, January 31st. The auto parts company reported $3.05 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.21. Autoliv had a net margin of 6.21% and a return on equity of 28.62%. As a group, sell-side analysts forecast that Autoliv, Inc. will post 9.51 EPS for the current fiscal year.

Autoliv Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Shareholders 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 dividend on an annualized basis and a yield of 2.88%. Autoliv’s dividend payout ratio is currently 34.70%.

Institutional Trading of Autoliv

Institutional investors and hedge funds have recently modified their holdings of the business. Jefferies Financial Group Inc. bought a new position in shares of Autoliv in the fourth quarter worth approximately $2,550,000. Public Employees Retirement System of Ohio bought a new position in shares of Autoliv in the 4th quarter worth $165,000. Two Sigma Advisers LP raised its position in shares of Autoliv by 2.5% during the 4th quarter. Two Sigma Advisers LP now owns 44,600 shares of the auto parts company’s stock valued at $4,183,000 after buying an additional 1,100 shares in the last quarter. Silvercrest Asset Management Group LLC lifted its holdings in shares of Autoliv by 1.3% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 61,398 shares of the auto parts company’s stock worth $5,759,000 after acquiring an additional 800 shares during the last quarter. Finally, Royal Bank of Canada grew its position in Autoliv by 10.9% in the fourth quarter. Royal Bank of Canada now owns 144,844 shares of the auto parts company’s stock worth $13,584,000 after acquiring an additional 14,180 shares in the last quarter. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Wall Street Analyst Weigh In

ALV has been the topic of a number of research reports. Daiwa Capital Markets raised shares of Autoliv from a “neutral” rating to an “outperform” rating and set a $109.00 price target on the stock in a report on Tuesday, January 7th. Mizuho lowered their target price on Autoliv from $115.00 to $112.00 and set an “outperform” rating on the stock in a research note on Monday, February 3rd. StockNews.com downgraded Autoliv from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th. HSBC lowered Autoliv from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $109.00 to $100.00 in a report on Tuesday, February 4th. Finally, Wells Fargo & Company dropped their price objective on shares of Autoliv from $101.00 to $97.00 and set an “equal weight” rating on the stock in a report on Monday, December 16th. Ten analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Autoliv presently has a consensus rating of “Moderate Buy” and an average target price of $117.23.

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.