Autoliv Inc. (NYSE:ALV) Is Doing The Institutional Rounds Once Again

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Autoliv Inc. (NYSE:ALV) reported that Alecta Pensionsforsakring, Omsesidigt has picked up 8,362,500 of common stock as of 2017-01-19.

The acquisition brings the aggregate amount owned by Alecta Pensionsforsakring, Omsesidigt to a total of 8,362,500 representing a 9.48% stake in the company.

For those not familiar with the company, Autoliv, Inc. is a developer, manufacturer and supplier to the automotive industry of automotive safety systems. The Company operates through two segments: Passive Safety and Electronics. Passive Safety segment includes airbags, seatbelts and steering wheels. Passive safety systems manage vehicle safety and include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems passive safety electronic products, such as restraint electronics and crash sensors. Active safety systems intervene before a collision to make accidents avoidable or to reduce impact.

A glance at Autoliv Inc (NYSE:ALV)’s key stats reveals a current market capitalization of 9.89 billion based on 88.22 million shares outstanding and a price at last close of $113.66 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2012-02-28, Nyberg picked up 2,000  at a purchase price of $68.14. This brings their total holding to 5,000 as of the date of the filing.

On the sell side, the most recent transaction saw Alspaugh unload 647 shares at a sale price of $112.21. This brings their total holding to 3,800.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Autoliv Inc. (NYSE:ALV) as things move forward to see if its progress aligns with these transactions.

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