Autoliv, Inc. CEO Mikael Bratt Sells Shares

On February 25th, 2023, Mikael Bratt, the CEO of Autoliv, Inc. (NYSE: ALV - Get Free Report), sold 5,760 shares of the company’s stock. The average price for these shares was $98.90, which brings the total value of the transaction to approximately $569,664.00. After this sale, Bratt’s ownership in the firm decreased by 19.82%, leaving him with 23,307 shares valued at around $2,305,062.30. This transaction has been reported and is available in a legal filing with the Securities and Exchange Commission (SEC).

Autoliv Stock Performance

On the Friday following the sale, Autoliv shares opened at $96.75. Currently, the company maintains a 50-day simple moving average of $96.14 and a 200-day moving average of $96.62. The firm’s market capitalization stands at $7.52 billion, with a price-to-earnings ratio of 11.99, a PEG ratio of 0.73, and a beta of 1.58. Over the past year, Autoliv has seen a low of $89.51 and a high of $129.38. In terms of liquidity, the current ratio is 0.96, the quick ratio is 0.71, and the debt-to-equity ratio is 0.67.

Recent Financial Results

Autoliv recently released its earnings report on January 31st, 2023, revealing earnings of $3.05 per share (EPS) for the quarter. This figure surpassed analysts’ expectations, which were set at $2.84, indicating an earnings surprise of $0.21. The company reported a net profit margin of 6.21% and a substantial return on equity of 28.62%. Analysts predict that Autoliv will have an EPS of 9.51 for the current year.

Dividend Announcement

Additionally, Autoliv has announced a quarterly dividend of $0.70 per share. This dividend will be paid on March 24th, 2023, to all shareholders on record as of March 7th. This represents an annualized dividend of $2.80 and a yield of 2.89%, while the ex-dividend date is also March 7th. Currently, Autoliv's dividend payout ratio is 34.70%.

Institutional Investor Activity

Recent transactions by institutional investors indicate significant interest in Autoliv stocks. Swedbank AB has increased its stake by 8.7%, now owning over 2.5 million shares. Similarly, Hennion & Walsh Asset Management raised its holdings by a whopping 82.6%, while the State of Alaska Department of Revenue increased its stake by 7.2%. Overall, institutional investors hold approximately 69.57% of Autoliv's stock.

Analyst Ratings

In terms of stock ratings, various analysts have recently commented on Autoliv’s shares. StockNews.com downgraded Autoliv from a “buy” to a “hold” rating, while HSBC also changed their rating to “hold” and set a price target of $100.00, down from $109.00. On a positive note, Daiwa America upgraded its rating to “strong-buy.” Presently, the consensus rating for Autoliv is a “Moderate Buy” based on ten hold ratings, seven buy ratings, and one strong buy rating, with an average target price set at $117.23.

About Autoliv, Inc.

Autoliv, Inc. specializes in developing and supplying passive safety systems for the automotive industry across various regions, including Europe, the Americas, and Asia. Their product offerings include components for airbag systems, seatbelts, and inflator technologies, among others.

Autoliv, CEO, shares