Benjamin Lyon Sells 14,568 Shares of Aptiv PLC (NYSE:APTV) Stock

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

Aptiv Trading Down 2.4 %

Shares of NYSE:APTV opened at $62.22 on Friday. The company’s 50-day moving average price is $63.59 and its two-hundred day moving average price is $63.59. Aptiv PLC has a one year low of $51.47 and a one year high of $85.56. 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 stock has a market capitalization of $14.28 billion, a PE ratio of 9.04, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78.

Aptiv (NYSE:APTV) last released its 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 return on equity of 15.63% and a net margin of 9.07%. On average, equities analysts forecast that Aptiv PLC will post 7.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on APTV shares. Oppenheimer upped their target price on shares of Aptiv from $83.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, February 7th. TD Cowen began coverage on Aptiv in a research note on Friday, March 7th. They set a “buy” rating and a $90.00 price objective on the stock. Robert W. Baird upgraded Aptiv from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $75.00 to $82.00 in a report on Monday, January 27th. 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. Finally, Argus upgraded Aptiv to a “strong-buy” rating in a report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have issued a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, Aptiv presently has an average rating of “Moderate Buy” and a consensus target price of $86.50.

Institutional Investors Weigh In On Aptiv

Institutional investors and hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC raised its position in Aptiv by 16.8% during the third quarter. Farther Finance Advisors LLC now owns 1,225 shares of the auto parts company’s stock worth $88,000 after acquiring an additional 176 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Aptiv by 1.1% during the 3rd quarter. Principal Financial Group Inc. now owns 316,706 shares of the auto parts company’s stock worth $22,806,000 after purchasing an additional 3,400 shares during the last quarter. Assetmark Inc. raised its holdings in shares of Aptiv by 15.8% in the 3rd quarter. Assetmark Inc. now owns 3,837 shares of the auto parts company’s stock valued at $276,000 after purchasing an additional 523 shares during the period. State of New Jersey Common Pension Fund D lifted its stake in Aptiv by 0.6% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 97,803 shares of the auto parts company’s stock valued at $7,043,000 after purchasing an additional 581 shares during the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in Aptiv during the third quarter worth about $639,000. Institutional investors own 94.21% of the company’s stock.

About Aptiv

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.