Aptiv (NYSE:APTV) Shares Down 6% – Time to Sell?

by · The Cerbat Gem

Aptiv PLC (NYSE:APTVGet Free Report)’s share price fell 6% during mid-day trading on Friday . The stock traded as low as $77.87 and last traded at $77.6350. 2,649,530 shares were traded during mid-day trading, an increase of 7% from the average session volume of 2,485,711 shares. The stock had previously closed at $82.61.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Morgan Stanley set a $84.00 price target on Aptiv and gave the company an “equal weight” rating in a report on Monday, December 8th. UBS Group upped their target price on Aptiv from $94.00 to $99.00 and gave the stock a “neutral” rating in a report on Wednesday. Citigroup started coverage on Aptiv in a research note on Friday, October 10th. They set a “buy” rating and a $109.00 price target on the stock. US Capital Advisors set a $110.00 price objective on shares of Aptiv in a research note on Tuesday. Finally, Zacks Research upgraded shares of Aptiv from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 9th. Four analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $99.05.

Get Our Latest Research Report on APTV

Aptiv Trading Down 4.9%

The stock’s fifty day simple moving average is $78.69 and its 200-day simple moving average is $78.16. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.79 and a quick ratio of 1.26. The firm has a market cap of $16.98 billion, a PE ratio of 62.36, a PEG ratio of 0.96 and a beta of 1.50.

Aptiv (NYSE:APTVGet Free Report) last released its earnings results on Thursday, October 30th. The auto parts company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.36. The firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.05 billion. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The firm’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.83 EPS. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS and its Q4 2025 guidance at 1.600-1.900 EPS. On average, sell-side analysts forecast that Aptiv PLC will post 7.2 earnings per share for the current year.

Insider Activity at Aptiv

In related news, EVP Katherine H. Ramundo sold 5,000 shares of the firm’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $85.00, for a total transaction of $425,000.00. Following the sale, the executive vice president directly owned 116,959 shares of the company’s stock, valued at $9,941,515. This trade represents a 4.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.45% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. True Wealth Design LLC increased its stake in shares of Aptiv by 31.5% in the 3rd quarter. True Wealth Design LLC now owns 522 shares of the auto parts company’s stock valued at $45,000 after purchasing an additional 125 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its holdings in Aptiv by 2.3% in the third quarter. Ashton Thomas Private Wealth LLC now owns 6,776 shares of the auto parts company’s stock valued at $584,000 after purchasing an additional 151 shares during the period. Stephens Inc. AR increased its position in shares of Aptiv by 3.9% in the second quarter. Stephens Inc. AR now owns 4,096 shares of the auto parts company’s stock valued at $279,000 after buying an additional 155 shares in the last quarter. CI Investments Inc. raised its stake in shares of Aptiv by 11.6% during the 3rd quarter. CI Investments Inc. now owns 1,564 shares of the auto parts company’s stock worth $135,000 after buying an additional 163 shares during the period. Finally, Everhart Financial Group Inc. raised its stake in shares of Aptiv by 4.9% during the 4th quarter. Everhart Financial Group Inc. now owns 3,601 shares of the auto parts company’s stock worth $274,000 after buying an additional 167 shares during the period. 94.21% of the stock is owned by institutional investors and hedge funds.

About Aptiv

(Get Free Report)

Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.

Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.

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