Insider Selling: Lawrence A. Zimmerman Unloads 2,000 Shares of Delphi Automotive PLC Stock (DLPH)
Delphi Automotive PLC (NASDAQ:DLPH) Director Lawrence A. Zimmerman unloaded 2,000 shares of the company’s stock on the open market in a transaction dated Monday, June 2nd. The stock was sold at an average price of $69.14, for a total value of $138,280.00. Following the sale, the director now directly owns 19,665 shares in the company, valued at approximately $1,359,638. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. raised their price target on shares of Delphi Automotive PLC from $78.00 to $84.00 in a research note on Tuesday, May 27th. They now have a “buy” rating on the stock. Separately, analysts at Morgan Stanley raised their price target on shares of Delphi Automotive PLC from $62.00 to $85.00 in a research note on Monday, May 19th. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Delphi Automotive PLC in a research note on Monday, May 12th. They now have a $75.00 price target on the stock, down previously from $90.00. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Delphi Automotive PLC presently has a consensus rating of “Buy” and a consensus price target of $74.22.
Delphi Automotive PLC (NASDAQ:DLPH) traded up 0.76% on Tuesday, hitting $69.36. The stock had a trading volume of 515,675 shares. Delphi Automotive PLC has a 1-year low of $47.40 and a 1-year high of $70.78. The stock’s 50-day moving average is $67.48 and its 200-day moving average is $63.78. The company has a market cap of $21.062 billion and a price-to-earnings ratio of 16.99.
Delphi Automotive PLC (NASDAQ:DLPH) last issued its quarterly earnings data on Thursday, April 24th. The company reported $1.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.08 by $0.12. The company had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.29 billion. During the same quarter in the prior year, the company posted $1.07 earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis. Analysts expect that Delphi Automotive PLC will post $4.97 EPS for the current fiscal year.
Delphi Automotive PLC (NASDAQ:DLPH) is a global vehicle components manufacturer and provides electrical and electronic, powertrain, safety and thermal technology solutions to the global automotive and commercial vehicle markets.
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