Aptiv EVP Louissaint sells $196k in shares

Published 12/08/2025, 21:32
Aptiv EVP Louissaint sells $196k in shares

Aptiv (NYSE:APTV) PLC NASDAQ:APTV Executive Vice President and Chief People Officer Obed D. Louissaint sold 3,000 shares of the company’s ordinary shares on August 8, 2025. The sales were executed at a price of $65.66, totaling $196,980. The stock, currently trading at $71.70, has shown resilience with a YTD return of 10.42%. According to InvestingPro analysis, despite this insider sale, management has been actively buying back shares, indicating confidence in the company’s prospects.

Following the transactions, Louissaint directly owns 172,255 shares of Aptiv PLC.

The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 9, 2025.

In other recent news, Aptiv PLC reported second-quarter revenue that exceeded analyst expectations, although there was a slight miss on earnings. Despite this, the company raised its full-year outlook, signaling confidence in its future performance. Oppenheimer responded to these strong Q2 results by raising its price target for Aptiv to $88 from $84, while maintaining an Outperform rating. The increased price target reflects Aptiv’s progress in expanding its non-light duty vehicle business and its development of an AI solutions ecosystem. These developments highlight Aptiv’s ongoing efforts to diversify and innovate within its industry. The company’s recent performance and strategic advancements have caught the attention of investors and analysts alike.

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