The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Autoliv Inc. shares valued at $240,825 were sold by Carlson Jan on May 31 ’24. At $126.75 per share, Carlson Jan sold 1,900 shares. The insider’s holdings dropped to 77,493 shares worth approximately $7.48 million following the completion of this transaction.
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Also, Bratt Mikael sold 4,226 shares, netting a total of over 463,677 in proceeds. Following the sale of shares at $109.72 each, the insider now holds 17,547 shares.
Before that, Westin Fredrik had sold 1,318 shares from its account. In a trade valued at $144,888, the EVP Finance and CFO traded Autoliv Inc. shares for $109.93 each. Upon closing the transaction, the insider’s holdings decreased to 1,318 shares, worth approximately $0.53 million.
As of July 08, 2024, Wolfe Research has increased its “Peer perform” rating to a “an Outperform” for ALV.
Analyzing ALV Stock Performance
During the last five days, there has been a surge of approximately 1.93%. Over the course of the year, Autoliv Inc. shares have dropped approximately -12.39%. Shares of the company reached a 52-week high of $129.38 on 05/28/24 and a 52-week low of $92.51 on 09/11/24. A 50-day SMA is recorded $99.45, while a 200-day SMA reached $110.22. Nevertheless, trading volume fell to 1.01 million shares from 0.39 million shares the previous day.
Support And Resistance Levels for Autoliv Inc. (ALV)
According to the 24-hour chart, there is a support level at 95.05, which, if violated, would cause prices to drop to 93.56. In the upper region, resistance lies at 98.53. The next price resistance is at 100.52. RSI (Relative Strength Index) is 45.93 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.45, which suggests the price will decrease in the coming days. Percent R is at 60.17%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
