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Insider Trends: American Axle & Manufacturing Holdings Insider Gets Stock Award, Prolongs Buy Trend

05/07/2021 12:39

04:30 PM EDT, 05/07/2021 (MT Newswires) -- On May 06, 2021, Director, Peter David Lyons, was awarded 12,808 American Axle & Manufacturing Holdings (AXL) shares having an approximate value of $125,006 based on the daily closing price of the shares. Lyons, subsequent to the transactions delineated in the SEC Form 4 filing, owns 83,447 shares of the company, which have a market value of $814,443 as of the prior-day closing price.

In the 90 days prior to the date of this filing, there have been 19 insider transactions reported to the SEC for American Axle & Manufacturing Holdings. These transactions came from the activities of 10 individual insiders that resulted in a net acquisition of 704,966 company shares. Relative to the preceding 90-day window of time, there are no insider transactions for the company.

This level of insider transactions is below that of the peer group average in the 16-company Engine & Powertrain Systems peer group over the last 90-day period. Peer group activity averaged 65.3 transactions per company, and disposition of 24,598 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1062231/000112760221015873/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.