Sachin Lawande Sells 5,000 Shares of Visteon Corp (VC) Stock

Visteon Corp (NYSE:VC) CEO Sachin Lawande sold 5,000 shares of Visteon stock in a transaction on Friday, December 1st. The shares were sold at an average price of $130.94, for a total transaction of $654,700.00. Following the transaction, the chief executive officer now owns 8,595 shares in the company, valued at approximately $1,125,429.30. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Sachin Lawande also recently made the following trade(s):

  • On Monday, November 20th, Sachin Lawande sold 2,500 shares of Visteon stock. The shares were sold at an average price of $130.00, for a total transaction of $325,000.00.
  • On Wednesday, November 1st, Sachin Lawande sold 2,500 shares of Visteon stock. The shares were sold at an average price of $126.05, for a total transaction of $315,125.00.
  • On Monday, October 16th, Sachin Lawande sold 2,004 shares of Visteon stock. The shares were sold at an average price of $123.90, for a total transaction of $248,295.60.

Shares of Visteon Corp (NYSE VC) opened at $126.69 on Thursday. The company has a quick ratio of 1.76, a current ratio of 1.97 and a debt-to-equity ratio of 0.47. The stock has a market cap of $3,972.25, a price-to-earnings ratio of 20.11, a price-to-earnings-growth ratio of 1.37 and a beta of 0.85. Visteon Corp has a fifty-two week low of $79.54 and a fifty-two week high of $133.04.

Visteon (NYSE:VC) last announced its quarterly earnings results on Thursday, October 26th. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.17. The company had revenue of $765.00 million for the quarter, compared to the consensus estimate of $761.95 million. Visteon had a net margin of 4.83% and a return on equity of 29.13%. Visteon’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.10 EPS. equities research analysts predict that Visteon Corp will post 6.23 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of VC. Creative Planning increased its holdings in shares of Visteon by 19.2% in the 2nd quarter. Creative Planning now owns 2,170 shares of the auto parts company’s stock worth $221,000 after buying an additional 350 shares during the last quarter. Aperio Group LLC increased its holdings in shares of Visteon by 29.9% in the 2nd quarter. Aperio Group LLC now owns 15,137 shares of the auto parts company’s stock worth $1,545,000 after buying an additional 3,482 shares during the last quarter. Harbour Capital Advisors LLC increased its holdings in shares of Visteon by 10,106.2% in the 2nd quarter. Harbour Capital Advisors LLC now owns 33,170 shares of the auto parts company’s stock worth $325,000 after buying an additional 32,845 shares during the last quarter. Sei Investments Co. increased its holdings in shares of Visteon by 2.5% in the 2nd quarter. Sei Investments Co. now owns 106,303 shares of the auto parts company’s stock worth $10,849,000 after buying an additional 2,620 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its holdings in shares of Visteon by 47.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 143,400 shares of the auto parts company’s stock worth $14,635,000 after buying an additional 45,900 shares during the last quarter.

A number of research analysts recently weighed in on the stock. B. Riley restated a “buy” rating on shares of Visteon in a research note on Wednesday, November 1st. Zacks Investment Research upgraded shares of Visteon from a “hold” rating to a “buy” rating and set a $141.00 target price on the stock in a research note on Tuesday, October 31st. Citigroup lifted their target price on shares of Visteon from $113.00 to $126.00 and gave the company a “neutral” rating in a research note on Monday, October 30th. Barclays lifted their price target on shares of Visteon from $107.00 to $112.00 and gave the company an “equal weight” rating in a report on Friday, October 27th. Finally, FBR & Co lifted their price target on shares of Visteon from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday, October 27th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Visteon has a consensus rating of “Buy” and a consensus target price of $123.86.

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About Visteon

Visteon Corporation is a global automotive supplier that designs, engineers and manufactures electronics products for original equipment vehicle manufacturer (OEM), including Ford, Mazda, Nissan/Renault, General Motors, Honda BMW and Daimler. The Company operates through Electronics segment. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment, audio systems, telematics solutions and head up displays.

Insider Buying and Selling by Quarter for Visteon (NYSE:VC)

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