Autoliv EVP Per Jonas Jademyr sells $39,637 in stock

Published 27/02/2025, 12:06
Autoliv EVP Per Jonas Jademyr sells $39,637 in stock

Autoliv Inc. (NYSE:ALV), the $7.6 billion market cap automotive safety systems manufacturer, saw its Executive Vice President of Quality and Project Management, Per Jonas Jademyr, recently sell 401 shares of the company’s common stock. The transaction, dated February 25, 2025, was executed at a weighted average price of $98.85 per share, amounting to a total value of $39,637. According to InvestingPro analysis, the stock currently appears undervalued relative to its Fair Value.

The sale was conducted as part of a Rule 10b5-1 trading plan that Jademyr adopted on November 11, 2024. This plan allows insiders of publicly traded corporations to set up a predetermined schedule for selling stocks, which can help avoid accusations of insider trading. While the stock has shown some volatility, analyst price targets range from $95 to $140, reflecting diverse market opinions about the company’s prospects.

Following this transaction, Jademyr holds 685 shares of Autoliv’s common stock. The sale was primarily aimed at covering taxes related to recent stock vestings. The transaction involved multiple open market sales executed by a broker dealer, with prices ranging from $98.00 to $99.93 per share. For deeper insights into Autoliv’s valuation and financial health metrics, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Autoliv Inc. reported mixed financial results for the fourth quarter of 2024. The company posted adjusted earnings per share of $3.05, surpassing analyst expectations of $2.88. However, revenue fell short, coming in at $2.62 billion compared to the projected $2.7 billion, marking a 4.9% decrease from the same period last year. Autoliv’s organic sales also declined by 3.3% year-over-year, underperforming the global light vehicle production growth of 0.4%.

HSBC downgraded Autoliv’s stock from Buy to Hold, lowering the price target to $100 due to below-expectation 2025 guidance and revenue challenges in China. Mizuho (NYSE:MFG) Securities also adjusted its price target to $112, maintaining an Outperform rating, following mixed fourth-quarter results. JPMorgan reduced its price target to $109, citing a mix of higher-than-expected margins and lower-than-expected sales.

For 2025, Autoliv projects flat year-over-year revenue with a 2% organic growth offset by a 2% foreign exchange headwind. The company anticipates an operating margin of 10-10.5% for the year, with an expected operating cash flow of around $1.2 billion. Despite challenges, Autoliv expects revenue improvements in China, supported by its exposure to domestic Original Equipment Manufacturers (OEMs).

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