American Axle & Manufacturing Holdings Inc (AXL) Files Form 4 Insider Selling : David A Culton Sells 6,776 Shares

American Axle & Manufacturing Holdings Inc (AXL): David A Culton , VP Cost Engineering-Full Frame of American Axle & Manufacturing Holdings Inc sold 6,776 shares on May 18, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $15.55 per share for a total value of $105,373.80 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 15, 2016, Alberto L Satine (President Driveline) sold 16,000 shares at $14.85 per share price.On Dec 3, 2015, Mark S. Barrett (Group VP Driveshafts) sold 12,324 shares at $22.55 per share price.Also, On Dec 2, 2015, Michael K Simonte (President) sold 8,361 shares at $22.70 per share price.On Nov 25, 2015, Norman Willemse (Pres, Metal Form Products) sold 24,676 shares at $22.64 per share price.

Shares of American Axle & Manufact. Holdings (AXL) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.53 points or -3.41% at $15.02 with 9,13,861 shares getting traded. Post opening the session at $15.36, the shares hit an intraday low of $14.84 and an intraday high of $15.55 and the price vacillated in this range throughout the day. The company has a market cap of $1,149 M and the number of outstanding shares has been calculated to be 7,64,96,803 shares. The 52-week high of American Axle & Manufact. Holdings is $25.7 and the 52-week low is $11.44.

American Axle & Manufact. Holdings Money Flow Index Chart

Company has been under the radar of several Street Analysts.American Axle & Manufact. Holdings is Initiated by Northcoast to Neutral. The Rating was issued on Mar 22, 2016.

American Axle & Manufacturing Holdings Inc. is an automotive supplier. The Company manufactures engineers designs and validates driveline and drivetrain systems and related components and chassis modules. The Company provides these components for light trucks sport utility vehicles (SUVs) passenger cars crossover vehicles and commercial vehicles. Driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. Its driveline drivetrain and related products include axles driveheads chassis modules driveshafts power transfer units transfer cases chassis and steering components transmission parts electric drive systems and metal-formed products. The Company’s technologies include PowerLite axles PowerDense gears and PowerFilm lubricant for passenger car light truck and AWD applications. It operates in 13 countries and has 37 manufacturing engineering and business office facilities across the world.

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