Autoliv Inc EVP sells $65,370 in stock

Published 13/05/2025, 11:26
Autoliv Inc EVP sells $65,370 in stock

Anthony J. Nellis, Executive Vice President of Legal and General Counsel at Autoliv Inc. (NYSE:ALV), recently executed a sale of 645 shares of the company’s common stock. The transaction, which took place on May 12, 2025, was conducted at a price of $101.35 per share, totaling approximately $65,370. The stock, which has shown strong momentum with an 8.25% gain over the past week, currently trades at an attractive P/E ratio of 11.6x. According to InvestingPro analysis, the company appears undervalued based on its Fair Value estimates. This sale was carried out under a pre-established Rule 10b5-1 trading plan, which Nellis adopted on November 14, 2024. Following the sale, Nellis retains ownership of 7,492 shares in the company. The company maintains strong financial health with an "GREAT" overall score from InvestingPro, which offers comprehensive insider trading analysis and 11 additional key insights for Autoliv in its Pro Research Report.

In other recent news, Autoliv Inc. reported first-quarter earnings and revenue that exceeded analyst expectations. The company posted adjusted earnings per share of $2.15, surpassing the analyst consensus of $1.67. Revenue reached $2.58 billion, beating the expected $2.5 billion and showing a 2.2% organic growth year-over-year. This performance was achieved despite a slight decline in global light vehicle production. Autoliv’s adjusted operating margin improved to 9.9%, up from 7.6% in the previous year, due to strong sales and cost reduction efforts. The company reiterated its guidance for 2025, projecting around 2% organic sales growth and an adjusted operating margin of 10-10.5%. In other developments, TD Cowen analyst Itay Michaeli adjusted the price target for Autoliv to $106 from $116, maintaining a Buy rating. Michaeli’s revised estimates include a 2025 revenue projection of $10.1 billion and an EBIT margin of 9.8%, reflecting economic risks and production forecasts. Despite these adjustments, TD Cowen remains positive about Autoliv’s stock.

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