Staffan Olsson Sells 119 Shares of Autoliv (NYSE:ALV) Stock

Autoliv, Inc. (NYSE:ALV) EVP Staffan Olsson sold 119 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $124.89, for a total value of $14,861.91. Following the transaction, the executive vice president directly owned 2,137 shares in the company, valued at $266,889.93. This trade represents a 5.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Autoliv Stock Performance

Shares of NYSE:ALV opened at $123.86 on Thursday. The company has a current ratio of 1.05, a quick ratio of 0.79 and a debt-to-equity ratio of 0.67. 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 P/E ratio of 13.02, a P/E/G ratio of 1.05 and a beta of 1.32. The business has a 50-day moving average price of $123.68 and a two-hundred day moving average price of $121.59.

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

Institutional Trading of Autoliv

Several institutional investors and hedge funds have recently added to or reduced their stakes in ALV. UMB Bank n.a. grew its position in shares of Autoliv by 11.0% during the 4th quarter. UMB Bank n.a. now owns 825 shares of the auto parts company’s stock worth $98,000 after purchasing an additional 82 shares in the last quarter. CIBC Private Wealth Group LLC grew 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 worth $199,000 after buying an additional 83 shares in the last quarter. Bessemer Group Inc. increased its stake 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. lifted its position in shares of Autoliv by 21.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 552 shares of the auto parts company’s stock valued at $66,000 after acquiring an additional 98 shares during the period. Finally, IFP Advisors Inc grew its holdings in shares of Autoliv by 110.3% during the 3rd quarter. IFP Advisors Inc now owns 204 shares of the auto parts company’s stock worth $25,000 after purchasing an additional 107 shares in the last quarter. 69.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ALV. Wolfe Research set a $143.00 price target on shares of Autoliv in a research report on Monday, January 12th. Weiss Ratings reissued a “buy (b)” rating on shares of Autoliv in a research note on Monday, December 29th. Robert W. Baird set a $132.00 price objective on Autoliv in a report on Monday, February 2nd. Royal Bank Of Canada lowered their target price on Autoliv from $146.00 to $141.00 and set an “outperform” rating for the company in a research note on Monday, February 2nd. Finally, Barclays restated an “overweight” rating and set a $140.00 target price on shares of Autoliv in a report on Monday, February 2nd. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Autoliv has an average rating of “Moderate Buy” and a consensus price target of $134.40.

About Autoliv

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.