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Insider Trends: American Axle & Manufacturing Holdings Insider Granted Stock Award, Trend of Buys Extended

05/07/2021 12:35

04:26 PM EDT, 05/07/2021 (MT Newswires) -- Elizabeth Anne Chappell, Director, received a stock award of 12,808 American Axle & Manufacturing Holdings (AXL) shares May 06, 2021 which had an approximate daily closing price value of $125,006. Chappell, after the transactions disclosed in the SEC Form 4 filing, owns 116,995 shares of the company, with a market value, based on the prior-day closing price, of $1.14 million.

Over the last 90 days, prior to the date of this filing, there have been 17 insider transactions reported to the SEC for American Axle & Manufacturing Holdings. These transactions came from the activities of 8 different insiders that resulted in a net acquisition of 679,350 company shares. In the preceding 90-day window of time, there are no insider transactions for the company.

This represents a lower level of transactions than the peer group average in the 16-company Engine & Powertrain Systems peer group over the last 90-day period. Activity in the peer group averaged 65.2 transactions per company, and disposition of 24,698 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1062231/000112760221015870/xslF345X03/form4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.