On April 5, 2023 at 10:54:19 ET an unusually large
$50.23K block of Put contracts in Aptiv
(APTV) was bought,
with a strike price of $85.00 / share, expiring in 44 days (on May 19, 2023).
Fintel tracks all large options trades, and the premium spent on this trade was � sigmas above the mean, placing it in the percentile of all recent large trades made in APTV options.
This trade was first picked up on Fintel’s real time Unusual Option Trades
tool, where unusual option trades are highlighted.
Analyst Price Forecast Suggests 26.93% Upside
As of March 30, 2023,
the average one-year price target for Aptiv is $136.10.
The forecasts range from a low of $77.77 to a high of $164.85.
The average price target represents an increase of 26.93% from its latest reported closing price of $107.22.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Aptiv
is $19,708MM, an increase of 12.69%.
The projected annual non-GAAP EPS
is $4.92.
What is the Fund Sentiment?
There are 1645 funds or institutions reporting positions in Aptiv.
This is an increase
of
84
owner(s) or 5.38% in the last quarter.
Average portfolio weight of all funds dedicated to APTV is 0.36%,
an increase
of 9.77%.
Total shares owned by institutions increased
in the last three months by 0.63% to 301,169K shares.
The put/call ratio of APTV is 1.42, indicating a
bearish
outlook.
What are Large Shareholders Doing?
Capital Research Global Investors
holds 9,110K shares
representing 3.36% ownership of the company.
In it’s prior filing, the firm reported owning 10,696K shares, representing
a decrease
of 17.40%.
The firm
decreased
its portfolio allocation in APTV by 6.70% over the last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares
holds 8,235K shares
representing 3.04% ownership of the company.
In it’s prior filing, the firm reported owning 8,091K shares, representing
an increase
of 1.74%.
The firm
increased
its portfolio allocation in APTV by 11.92% over the last quarter.
Massachusetts Financial Services
holds 8,080K shares
representing 2.98% ownership of the company.
In it’s prior filing, the firm reported owning 7,598K shares, representing
an increase
of 5.97%.
The firm
decreased
its portfolio allocation in APTV by 99.98% over the last quarter.
Alliancebernstein
holds 7,837K shares
representing 2.89% ownership of the company.
In it’s prior filing, the firm reported owning 8,610K shares, representing
a decrease
of 9.86%.
The firm
increased
its portfolio allocation in APTV by 0.76% over the last quarter.
VIMSX – Vanguard Mid-Cap Index Fund Investor Shares
holds 6,313K shares
representing 2.33% ownership of the company.
In it’s prior filing, the firm reported owning 6,247K shares, representing
an increase
of 1.05%.
The firm
increased
its portfolio allocation in APTV by 10.53% over the last quarter.
Aptiv Background Information
(This description is provided by the company.)
Aptiv is a global technology company that develops safer, greener and more connected solutions enabling the future of mobility.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
