Insider Buying: Gary Patrick Olney Buys 5,058 Shares of TRW Automotive Holdings Corp. Stock (TRW)
TRW Automotive Holdings Corp. (NYSE:TRW) COO Gary Patrick Olney purchased 5,058 shares of TRW Automotive Holdings Corp. stock on the open market in a transaction that occurred on Friday, May 30th. The shares were purchased at an average cost of $85.11 per share, with a total value of $430,486.38. Following the acquisition, the chief operating officer now directly owns 14,758 shares of the company’s stock, valued at approximately $1,256,053. The transaction was disclosed in a filing with the SEC, which is available at this link.
TRW Automotive Holdings Corp. (NYSE:TRW) traded down 0.02% on Monday, hitting $84.85. The stock had a trading volume of 517,572 shares. TRW Automotive Holdings Corp. has a one year low of $60.15 and a one year high of $86.12. The stock has a 50-day moving average of $81.69 and a 200-day moving average of $78.32. The company has a market cap of $9.398 billion and a P/E ratio of 10.27.
TRW Automotive Holdings Corp. (NYSE:TRW) last released its earnings data on Tuesday, April 29th. The company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.16. The company had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter in the previous year, the company posted $1.51 earnings per share. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. Analysts expect that TRW Automotive Holdings Corp. will post $7.49 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Morgan Stanley raised their price target on shares of TRW Automotive Holdings Corp. from $87.00 to $91.00 in a research note on Thursday, May 1st. They now have an “overweight” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of TRW Automotive Holdings Corp. in a research note on Wednesday, April 30th. They now have a $82.00 price target on the stock, down previously from $83.00. Finally, analysts at Zacks reiterated an “outperform” rating on shares of TRW Automotive Holdings Corp. in a research note on Wednesday, April 16th. They now have a $96.00 price target on the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $89.00.
TRW Automotive Holdings Corp. (NYSE:TRW) is a supplier of automotive systems, modules and components to global automotive original equipment manufacturers (OEMs) and related aftermarkets.
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