Aptiv PLC [APTV] stock for 658,263 USD was sold by CLARK KEVIN P

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Aptiv PLC shares valued at $658,263 were sold by CLARK KEVIN P on Sep 15. At $98.76 per share, CLARK KEVIN P sold 6,665 shares. The insider’s holdings dropped to 605,892 shares worth approximately $52.63 million following the completion of this transaction.


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Also, CLARK KEVIN P sold 6,665 shares, netting a total of over 646,710 in proceeds. Following the sale of shares at $97.03 each, the insider now holds 612,557 shares.

Before that, Massaro Joseph R had sold 1,900 shares from its account. In a trade valued at $174,553, the CFO and SVP, Business Ops traded Aptiv PLC shares for $91.87 each. Upon closing the transaction, the insider’s holdings decreased to 1,900 shares, worth approximately $15.66 million.

As published in a research note from Piper Sandler on April 18, 2022, Aptiv PLC [APTV] has been rated down from a Neutral to an Underweight and the price target has been revised to $90 from $177. This represents a 3.48% premium over Thursday’s closing price. Analysts at Wells Fargo upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid April. As of April 11, 2022, Exane BNP Paribas has initiated its “an Outperform” rating for APTV. Earlier on April 06, 2022, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for APTV stock which previously was a “an Underperform”.

Analyzing APTV’s Price Performance

On Thursday, Aptiv PLC [NYSE: APTV] plunged -4.38% to $86.87. The stock’s lowest price that day was $86.14, but it reached a high of $91.03 in the same session. During the last five days, there has been a drop of approximately -10.21%. Over the course of the year, Aptiv PLC shares have dropped approximately -47.34%. Shares of the company reached a 52-week high of $175.91 on 01/07/22 and a 52-week low of $84.14 on 06/17/22. A 50-day SMA is recorded $98.46, while a 200-day SMA reached $115.78. Nevertheless, trading volume fell to 1.93 million shares from 1.55 million shares the previous day.

Support And Resistance Levels for Aptiv PLC (APTV)

According to the 24-hour chart, there is a support level at 85.00, which, if violated, would cause prices to drop to 83.12. In the upper region, resistance lies at 89.89. The next price resistance is at 92.90. RSI (Relative Strength Index) is 36.47 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.60, which suggests the price will decrease in the coming days. Percent R is at 95.45%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

Is Aptiv PLC subject to short interest?

Stocks of Aptiv PLC saw a sharp steep in short interest on Jul 14, 2022 dropping by -0.85 million shares to 4.29 million. Data from Yahoo Finance shows that the short interest on Jun 14, 2022 was 5.14 million shares. A decline of -19.81% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.01 of the overall float, the days-to-cover ratio (short ratio) decline to 2.01.

Which companies own the most shares of Aptiv PLC (APTV)?

According to The Vanguard Group, Inc. filings, the company currently owns 28,063,455 shares, which is about 10.36% of the total APTV shares outstanding. The investor’s shares have appreciated by 314,933 from its previous 13-F filing of 27748522.0 shares. With the completion of the buy transaction, BlackRock Fund Advisors’s stake is now worth $1,232,198,939. Capital Research & Management Co acquire a 1.07% interest valued at $1.03 billion while SSgA Funds Management, Inc. sold a -423,815 stake. A total of -168,266 shares of Aptiv PLC were sold by AllianceBernstein LP during the quarter, and 472,089 were bought by Massachusetts Financial Services. In its current portfolio, ClearBridge Investments LLC holds 5,906,207 shares valued at $551.82 million.

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