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In a recent transaction disclosed in an SEC filing, Mikael Hagstrom, Vice President of Corporate Control at Autoliv Inc. (NYSE:ALV), sold 401 shares of the company’s common stock. The automotive safety systems manufacturer, currently valued at $7.6 billion, has maintained a strong financial position with a "GOOD" overall health score according to InvestingPro analysis. The sale, which took place on February 25, 2025, was conducted at a weighted average price of $98.8473 per share, totaling approximately $39,637.
Hagstrom’s decision to sell was made under a Rule 10b5-1 trading plan, designed to cover taxes related to recent stock vesting. Following this transaction, Hagstrom retains direct ownership of 727 shares in the company. The trading activity occurred within a price range of $98.05 to $99.92 per share.
In other recent news, Autoliv Inc. reported mixed financial results for the fourth quarter of 2024. The company posted earnings per share of $3.05, surpassing analysts’ consensus of $2.88, while revenue fell short at $2.62 billion compared to the expected $2.7 billion. Despite the revenue miss, Autoliv achieved record profitability with an operating income of $353 million and an operating margin of 13.5%. Looking ahead to 2025, the company anticipates organic sales growth of around 2%, with foreign exchange headwinds expected to offset this growth. The adjusted operating margin is projected to be between 10% and 10.5%.
Analyst reactions to these developments have been varied. HSBC downgraded Autoliv’s stock from Buy to Hold, adjusting the price target to $100 due to concerns over the company’s performance in China. Mizuho (NYSE:MFG) Securities maintained an Outperform rating but lowered the price target to $112, citing mixed fourth-quarter results. Similarly, JPMorgan reduced its price target to $109 while retaining a Neutral rating, reflecting the company’s softer guidance for 2025. Despite the challenges, Autoliv remains focused on improving efficiency to support profitability gains in the coming year.
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