.jpg "The SVP & GC of Axalta Coating Systems (NYSE: AXTA) is Selling Shares")
Today, the SVP & GC of Axalta Coating Systems (NYSE: AXTA), Michael Finn, sold shares of AXTA for $758.2K.
In addition to Michael Finn, 2 other AXTA executives reported Sell trades in the last month. Following Michael Finn’s last AXTA Sell transaction on February 09, 2018, the stock climbed by 0.7%.
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Based on Axalta Coating Systems’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.17 billion and quarterly net profit of $69.9 million. In comparison, last year the company earned revenue of $1.01 billion and had a net profit of $64.1 million. AXTA’s market cap is $7.61B and the company has a P/E ratio of 208.67. Currently, Axalta Coating Systems has an average volume of 2.47M.
Based on 3 analyst ratings, the analyst consensus is Hold with an average price target of $35.00, reflecting a -8.7% downside.
In the last 30 days, insiders have sold $758.2K worth of AXTA shares and purchased $1.41M worth of AXTA shares.
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Axalta Coating Systems Ltd. manufactures, markets, and distributes coatings systems. It operates through the following segments: Performance Coatings and Transportation Coatings. The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base.
