Stock In Spotlight: Axalta Coating Systems Ltd. (NYSE:AXTA)


The fund owned 637,800 shares of the specialty chemicals company's stock after selling 289,700 shares during the quarter. The correct version of this news story can be read at Coatings now owns $4,572,510 of the stock as recorded in a recent Form 4 SEC filing.

While under theory that management are shareholders, many value investors look for stocks with a high percent of insider ownership, because they will act in its own self interest, as well create shareholder value in the long-term. Acrospire Investment Management LLC lifted its stake in shares of Axalta Coating Systems by 257.0% during the second quarter. The overall volume in the last trading session was 7,985,140 shares. Commonwealth Bank of Australia lifted its position in shares of Axalta Coating Systems by 18.1% during the 2nd quarter. If you are reading this news story on another publication, it was stolen and reposted in violation of worldwide trademark and copyright legislation. Finally, Advisor Group Inc. lifted its stake in shares of Axalta Coating Systems by 217.3% during the second quarter.

Axalta Coating Systems a holding company. The stock has a 50 day moving average of $29.20 and a 200-day moving average of $31.01.

The High Revenue estimate is predicted as 1.15 Million, while the Low Revenue Estimate prediction stands at 1.07 Million. The company has market cap of $6.99 billion.

08/11/2017 - Axalta Coating Systems Ltd. was upgraded to "overweight" by analysts at JP Morgan. Next quarter's EPS is forecasted at $0.37 with next year's EPS projected to be $1.44.

Among 21 analysts covering Kellogg Company (NYSE:K), 8 have Buy rating, 1 Sell and 12 Hold. The company's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.34 earnings per share.

AnaptysBio, Inc. most recently reported earnings per share (EPS) of -$1.73 for the June 2017 versus $1.18 in the same quarter a year ago, representing -247% growth.

In related news, EVP Steven R. Markevich sold 160,000 shares of the company's stock in a transaction on Friday, September 1st. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. Stock's intraday price range hit the peak level of $29.21 and touched the lowest level of $28.55 besides its fifty two weeks range was $24.27- $34.1. Following the completion of the acquisition, the director now owns 4,000 shares in the company, valued at approximately $112,640. The disclosure for this sale can be found here. The company was maintained on Friday, September 11 by Barclays Capital. On these bases, analysts would recommend this stock as an "Active Spinning Stocks".

The price target set for the stock is $20.08 and this sets up an interesting set of potential movement for the stock, according to data from Finviz's Research. Royal Bank of Canada decreased their target price on shares of Axalta Coating Systems from $31.00 to $3.00 and set an "outperform" rating for the company in a research note on Thursday, February 9th. The stock of Kellogg Company (NYSE:K) earned "Hold" rating by RBC Capital Markets on Tuesday, September 5. Four analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company.

Looking forward to the ratio analysis, the co has price to earnings ratio of 1298.64, which is indicating if firm is fluctuating between 15 and 25 than it lies on average position; but sometimes if it's under this value some experts consider it as undervalue security. The Company's products and services include paint, color matching tools, application technologies and customer training, support and business management systems. The Company is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry.