Kalathur Rajesh, Senior V.P., CFO & CIO, sold 11,133 shares of the Deere & Company (NYSE:DE) in an exchange that happened on November 29th, 2018. The stock was sold at an average price of $151.47 per share, amounting to a transaction worth $1,686,362. The sale was made public in a document filed with the SEC. Additionally, Chairman & CEO ALLEN SAMUEL R sold 269,353 shares of this stock in a transaction that took place on February 28th, 2018. The stock was sold at an average price of $163.83 per share, for a total exchange amounting to $44,127,503. After the transaction, the Chairman & CEO ALLEN SAMUEL R currently holds 292,508 shares of the company’s stock, which is worth approximately $44341288.
With this stock price’s latest movement, it is now -13.51% away from its 1-year high and 18.13% higher than its 1-year low price. In the past seven days, the stock price volatility for Deere & Company was 3.56%, whereas its volatility in the past 30 days has been 3.09%. This public company’s stock also has a beta score of 0.99. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.
Deere & Company (NYSE:DE) most recently published its quarterly earnings results. The firm posted $2.30 earnings per share (EPS) for the three-month period, missing analysts’ consensus estimate of $2.45 by $0.15. The publicly-traded organization reported revenue of $8,343.30 million for the quarter, compared to the average analyst forecast calling for $8,571.33 million, which was missing the analyst consensus estimate.
Shares of Deere & Company (DE) plunged -6.55%, amounting to a loss of -$10.62 per share, to finish the regular trading session at $151.59 on Tuesday 12/04/2018. After beginning the session at $160.94, shares of Deere & Company reached as high as $161 during the day, while hitting a 1-day low of $151.31. Trade volume reached 3,545,892 shares against this stock’s average daily volume of 2.45M shares, with a total float of 321.26M. As a consequence of the price decrease, Deere & Company now has a current market value of 49.04B.
American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) subtracted -2.62% to its trading price by the close of the most recent session, dropping from its previous closing price of $12.60 to $12.27. This stock increased in value by 3.37% during the last 7-day period, and experienced a gain of 6.79% over the past 30-day period. In the past three months, this stock’s price lost by -28.91% , and subtracted -25.36% to its price during the last six months of trading. AXL demonstrated a yearly price loss of -29.68% , while its year-to-date (YTD) price performance has been down -27.95% . This stock’s price changed by +8.97% compared to its 90-day low, and moved down -36.56% comparing to its 90-day high price.
Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the AXL stock as “Sell”. In the short-term, American Axle & Manufacturing Holdings, Inc. (AXL) has a 20-day average volume of 2,473,990 shares and short-term indicators sets the AXL stock as “ 20% Buy ” on average basis. In the medium-term, AXL stock has a 50-Day average volume of 2,469,222 shares and medium-term indicators gave the average rating of “ 25% Sell ”, while in the long-term period the FB stock has a 100-Day average volume of 2,087,334 shares. On average, long-term indicators rated the stock as “67% Sell ”. The overall picture from all short, medium and long-term indicators sets the AXL stock as “24% Sell ” on average basis.
Recently, multiple brokerages have sent out reports on AXL. BofA/Merrill, for example, Upgrade its rating on shares of American Axle & Manufacturing Holdings, Inc. from “Underperform ” to a “ Neutral”according to a research note from Monday November 5th, 2018. while giving the stock a “Outperform” rating, as stated in a research report from Tuesday, October 2nd, 2018. Citigroup, on the other hand, Upgrade a from “Neutral ” to “ Buy” rating on this stock in a research note dated Tuesday, March 27th, 2018.
In other news related to American Axle & Manufacturing Holdings, Inc. stock, 0.00% shares of AXL held by institutions. The total number of institutions who held the AXL shares was 327, according to most recent SEC filling. During the past quarter, total 119,373,593 shares held by institutions with the net change of 3,710,293 shares. In the meantime, 35 new institutions bought the shares of American Axle & Manufacturing Holdings, Inc. for the first time and 33 institutions sold all their holdings in the company’s common stock. 163 institutions increased their investment in the AXL stock and 117 institutions decreased their investment in the American Axle & Manufacturing Holdings, Inc. (AXL)’s stock during the last quarter.