Preview of Aptiv’s Earnings: Updates on Insider Trading, Hedge Fund Activity, and More

APTV, also known as Aptiv, is set to unveil its quarterly earnings data on Thursday, July 31st, before the market opens, according to Finnhub. Analysts are anticipating revenues of $5,172,860,517 and earnings of $1.87 per share.

Insider trading activity within Aptiv reveals that there has been one instance of insiders trading the stock in the past six months. Out of these transactions, there have been no purchases and one sale. Benjamin Lyon, who serves as the Senior Vice President and Chief Technology Officer, sold 14,568 shares, estimating a total of $954,204. Those interested in keeping track of such insider transactions can refer to Quiver Quantitative’s insider trading dashboard.

In terms of hedge fund activity, one institutional investor has increased its shares in Aptiv, while 25 have decreased their positions in the most recent quarter. Some of the significant movements in hedge fund activity include Atlantic Investment Management, Inc., Causeway Capital Management LLC, Applied Finance Capital Management, LLC, DNB Asset Management AS, Robocap Asset Management Ltd, and MN Services Vermogensbeheer B.V.

Over the past year, Aptiv has received $202,632 in award payments. Notable awards include RF cables, Wind River Tornado 2.2.1 Professional, the renewal of Wind River EOL Maintenance Elmt Standalone, cable assemblies, and connectors. Those interested in tracking government contracts awarded to publicly traded companies can find more information on Quiver Quantitative’s government contracts dashboard.

Members of Congress have also engaged in trading Aptiv stock. In the past six months, there have been five instances of congressional trading, with two purchases and three sales. Representative Jefferson Shreve and Representative Julie Johnson are among those who have traded Aptiv stock multiple times.

Various Wall Street analysts have issued reports on Aptiv in recent months. Of the reports released, seven firms have given buy ratings on the stock, while one firm has issued a sell rating. Analysts from firms such as Baird, Wells Fargo, B of A Securities, Morgan Stanley, RBC Capital, Evercore ISI Group, and Oppenheimer have provided their insights on Aptiv.

Multiple analysts have also set price targets for Aptiv, with a median target of $79.5. Analysts such as Dan Levy from Barclays, Joseph Spak from UBS, David Leiker from Baird, Colin Langan from Wells Fargo, John Murphy from B of A Securities, Alexander Potter from Piper Sandler, and Adam Jonas from Morgan Stanley have all offered differing price targets for Aptiv.

Overall, Aptiv’s upcoming earnings release and various trading activities have generated significant interest among investors and analysts alike.