American Axle & Manufacturing Holdings Inc (AXL): Michael Joseph Lynch , VP Drvlne Bus Perf & Cost Mgmt of American Axle & Manufacturing Holdings Inc sold 5,531 shares on May 23, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $15.00 per share for a total value of $82,965.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 18, 2016, David A Culton (VP Cost Engineering-Full Frame) sold 6,776 shares at $15.55 per share price.On Mar 15, 2016, Alberto L Satine (President Driveline) sold 16,000 shares at $14.85 per share price.Also, On Dec 3, 2015, Mark S. Barrett (Group VP Driveshafts) sold 12,324 shares at $22.55 per share price.On Dec 2, 2015, Michael K Simonte (President) sold 8,361 shares at $22.70 per share price.
American Axle & Manufact. Holdings: On Friday, May 20, 2016 heightened volatility was witnessed in American Axle & Manufact. Holdings which led to swings in the share price. The shares opened for trading at $15.1 and hit $15.3 on the upside , eventually ending the session at $15.21, with a gain of 1.26% or 0.19 points. The heightened volatility saw the trading volume jump to 6,37,961 shares. The 52-week high of the share price is $25.7 and the company has a market cap of $1,164 M . The 52-week low of the share price is at $11.44.
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 Companys 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.