Aptiv PLC (NYSE:APTV) Short Interest Update

Aptiv PLC (NYSE:APTVGet Free Report) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 6,740,000 shares, a growth of 5.6% from the February 29th total of 6,380,000 shares. Based on an average daily trading volume, of 2,700,000 shares, the short-interest ratio is currently 2.5 days.

Insider Buying and Selling at Aptiv

In other Aptiv news, SVP Benjamin Lyon sold 18,680 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $77.69, for a total value of $1,451,249.20. Following the sale, the senior vice president now owns 95,211 shares in the company, valued at $7,396,942.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.34% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Toroso Investments LLC boosted its holdings in Aptiv by 3.3% during the third quarter. Toroso Investments LLC now owns 3,320 shares of the auto parts company’s stock worth $260,000 after purchasing an additional 107 shares during the last quarter. Cim Investment Management Inc. raised its position in shares of Aptiv by 4.4% in the first quarter. Cim Investment Management Inc. now owns 2,650 shares of the auto parts company’s stock valued at $297,000 after purchasing an additional 111 shares during the period. BSW Wealth Partners lifted its stake in shares of Aptiv by 2.7% during the 1st quarter. BSW Wealth Partners now owns 4,198 shares of the auto parts company’s stock valued at $471,000 after buying an additional 111 shares in the last quarter. Advisory Services Network LLC lifted its stake in shares of Aptiv by 0.9% during the 1st quarter. Advisory Services Network LLC now owns 14,152 shares of the auto parts company’s stock valued at $1,588,000 after buying an additional 121 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in shares of Aptiv by 7.8% during the 3rd quarter. Assetmark Inc. now owns 1,780 shares of the auto parts company’s stock valued at $175,000 after buying an additional 129 shares in the last quarter. 94.21% of the stock is currently owned by institutional investors and hedge funds.

Aptiv Stock Up 0.5 %

Shares of NYSE APTV opened at $77.58 on Thursday. The stock has a market capitalization of $21.15 billion, a P/E ratio of 7.49, a P/E/G ratio of 1.01 and a beta of 1.90. The company has a 50-day moving average price of $79.97 and a 200-day moving average price of $84.44. Aptiv has a 1 year low of $71.01 and a 1 year high of $113.60. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.72 and a quick ratio of 1.22.

Aptiv (NYSE:APTVGet Free Report) last issued its quarterly earnings data on Wednesday, January 31st. The auto parts company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.11. The firm had revenue of $4.92 billion during the quarter, compared to analysts’ expectations of $4.95 billion. Aptiv had a net margin of 14.65% and a return on equity of 13.32%. On average, equities research analysts forecast that Aptiv will post 5.67 EPS for the current fiscal year.

Analyst Ratings Changes

APTV has been the topic of a number of research analyst reports. Guggenheim cut their target price on shares of Aptiv from $120.00 to $103.00 and set a “buy” rating on the stock in a research report on Friday, February 2nd. Oppenheimer dropped their price target on shares of Aptiv from $149.00 to $148.00 and set an “outperform” rating for the company in a research note on Thursday, February 1st. Wells Fargo & Company raised their price target on shares of Aptiv from $79.00 to $84.00 and gave the company an “equal weight” rating in a research note on Thursday, February 1st. Royal Bank of Canada lowered their target price on shares of Aptiv from $115.00 to $104.00 and set an “outperform” rating for the company in a research note on Thursday, February 1st. Finally, Robert W. Baird downgraded shares of Aptiv from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $105.00 to $96.00 in a research note on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a 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 $113.57.

Get Our Latest Stock Analysis on APTV

About Aptiv

(Get Free Report)

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.

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