Automotive

Blue Mountain Capital is Buying Tower International Inc. (NYSE:TOWR) Shares

Blue Mountain Capital is Buying Tower International Inc. (NYSE:TOWR) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Tower International Inc. (NYSE:TOWR) reported that Blue Mountain Capital has picked up 980,910 of common stock as of 2017-02-24.

The acquisition brings the aggregate amount owned by Blue Mountain Capital to a total of 980,910 representing a 4.8% stake in the company.

For those not familiar with the company, Tower International, Inc. is a global manufacturer of engineered automotive structural metal components and assemblies primarily serving original equipment manufacturers (OEMs). The Company operates in two segments: Americas and International. The International segment consists of Europe and Asia, and the Americas segment consists of North America and South America. The Company offers its automotive customers a product portfolio, supplying body-structure stampings, frame and other chassis structures, and complex welded assemblies for small and large cars, crossovers, pickups and sport utility vehicles (SUVs). The Company’s products are manufactured at approximately 30 facilities, located in North America, Europe, Brazil and China. The Company supports its manufacturing operations through approximately seven engineering and sales locations around the world. It produces a range of structural components and assemblies.

A glance at Tower International Inc. (NYSE:TOWR)’s key stats reveals a current market capitalization of 559.44 million based on 20.38 million shares outstanding and a price at last close of $28.05 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-06-28, Gouin picked up 1,000 at a purchase price of $19.64. This brings their total holding to 111,212 as of the date of the filing.

On the sell side, the most recent transaction saw Rajkovic unload 60,000 shares at a sale price of $28.07. This brings their total holding to 0.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Tower International Inc. (NYSE:TOWR) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

read more
Lithia Motors Inc. (NYSE:LAD) is Attracting Smart Money

Lithia Motors Inc. (NYSE:LAD) is Attracting Smart Money

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Lithia Motors Inc. (NYSE:LAD) reported that Deboer Sidney B has picked up 1,262,231 of common stock as of 2017-02-23.

The acquisition brings the aggregate amount owned by Deboer Sidney B to a total of 1,262,231 representing a 5.0% stake in the company.

For those not familiar with the company, Lithia Motors, Inc. is an operator of automotive franchises and a retailer of new and used vehicles and services. The Company operates in three segments: Domestic, Import and Luxury. Its Domestic segment consists of retail automotive franchises that sell new vehicles of Chrysler, General Motors and Ford. Its Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Honda, Toyota, Subaru, Nissan and Volkswagen. Its Luxury segment consists of retail automotive franchises that sell new vehicles of BMW, Mercedes-Benz and Lexus. Its franchises in each segment sell used vehicles, parts and automotive services, and automotive finance and insurance products. Its operations involve the use, handling, storage and contracting for recycling and disposal of materials, such as motor oil and filters, transmission fluids, antifreeze, refrigerants, paints, thinners, batteries, cleaning products, lubricants, degreasing agents, tires and fuel.

A glance at Lithia Motors Inc. (NYSE:LAD)’s key stats reveals a current market capitalization of 2.39 billion based on 23.40 million shares outstanding and a price at last close of $97.32 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-04-26, Becker picked up 140 at a purchase price of $83.98. This brings their total holding to 65,000 as of the date of the filing.

On the sell side, the most recent transaction saw Cain unload 1,182 shares at a sale price of $101.82. This brings their total holding to 12,824.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Lithia Motors Inc. (NYSE:LAD) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

read more
Wabco Holdings Inc. (NYSE:WBC) Shares is Attracting Smart Money

Wabco Holdings Inc. (NYSE:WBC) Shares is Attracting Smart Money

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Wabco Holdings Inc. (NYSE:WBC) reported that Edgepoint Investment Group Inc. has picked up 3,110,187 of common stock as of 2017-02-14.

The acquisition brings the aggregate amount owned by Edgepoint Investment Group Inc. to a total of 3,110,187 representing a 5.6% stake in the company.

For those not familiar with the company, WABCO Holdings Inc. is a supplier of electronic, mechanical, electro-mechanical and aerodynamic products for various manufacturers. The Company engineers, develops, manufactures and sells systems controlling braking, stability, suspension, transmission automation, as well transmission automation and air management systems for commercial vehicles. It sells its products to truck and bus original equipment manufacturers (OEMs); commercial vehicle aftermarket distributors for replacement parts and services and commercial vehicle fleet operators for management solutions and service; trailer OEMs, and car manufacturers. For passenger cars, including sports utility vehicles (SUVs), the Company supplies products for niche applications. The Company’s products include anti-lock braking systems (ABS), electronic braking systems (EBS), electronic stability control (ESC), brake controls, automated manual transmission systems, air disc brakes and a range of conventional mechanical products.

A glance at Wabco Holdings Inc. (NYSE:WBC)’s key stats reveals a current market capitalization of 6.31 billion based on 55.09 million shares outstanding and a price at last close of $115.74 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2015-08-19, Keizer picked up 200 at a purchase price of $119.61. This brings their total holding to 805 as of the date of the filing.

On the sell side, the most recent transaction saw Rens unload 390 shares at a sale price of $105.01. This brings their total holding to 8,665.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Wabco Holdings Inc. (NYSE:WBC) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

read more
Infinity Property & Casualty Corp. (NASDAQ:IPCC) is Attracting Smart Money

Infinity Property & Casualty Corp. (NASDAQ:IPCC) is Attracting Smart Money

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Infinity Property & Casualty Corp (NASDAQ:IPCC) reported that Victory Capital Management Inc. has picked up 612,879 of common stock as of 2017-02-10.

The acquisition brings the aggregate amount owned by Victory Capital Management Inc. to a total of 612,879 representing a 5.54% stake in the company.

For those not familiar with the company, Infinity Property and Casualty Corporation is a holding company that, through its subsidiaries, provides personal automobile insurance with a focus on the nonstandard market. The Company writes personal automobile insurance with a concentration on nonstandard automobile insurance, mono-line commercial vehicle insurance and classic collector automobile insurance. It also writes standard and preferred personal auto insurance, mono-line commercial auto insurance and classic collector automobile insurance. Personal Automobile is its insurance product, which provides coverage to individuals for liability to others for bodily injury and property damage and for physical damage to an insured’s own vehicle from collision and various other perils. Commercial Vehicle provides coverage to businesses for liability to others for bodily injury and property damage and for physical damage to vehicles from collision. Classic Collector provides protection for classic collectible automobiles.

A glance at Infinity Property & Casualty Corp. (NASDAQ:IPCC)’s key stats reveals a current market capitalization of 983.69 million based on 11.06 million shares outstanding and a price at last close of $87.60 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2012-12-21, Weinhoff picked up 1,000 at a purchase price of $57.75. This brings their total holding to 11,181 as of the date of the filing.

On the sell side, the most recent transaction saw Simon unload 4,500 shares at a sale price of $46.44. This brings their total holding to 74,392.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Infinity Property & Casualty Corp. (NASDAQ:IPCC) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

read more
Guess Who Picked Up TrueCar Inc. (NASDAQ:TRUE) Shares

Guess Who Picked Up TrueCar Inc. (NASDAQ:TRUE) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), TrueCar Inc. (NASDAQ:TRUE) reported that Painter Scott. has picked up 7,965,017 of common stock as of 2017-02-08.

The acquisition brings the aggregate amount owned by Painter Scott. to a total of 7,965,017 representing a 8.6% stake in the company.

For those not familiar with the company, TrueCar, Inc. offers a diverse software ecosystem for buying cars. The Company’s software ecosystem is based on a common technology infrastructure, and powered by data and analytics. The Company operates its platform on the TrueCar Website and its branded mobile experience. It customizes and operates its platform on a co-branded basis for its affinity group marketing partners, including financial institutions, membership-based organizations, and employee buying programs for enterprises. Its network of approximately 11,000 TrueCar Certified Dealers consists primarily of new car franchises, as well as independent dealers selling used vehicles. Its subsidiary, ALG, Inc., provides forecasts and consulting services regarding determination of the residual value of an automobile at given future points in time. It obtains automobile purchase data from various sources and uses this data to provide consumers and dealers with geographically specific, real-time pricing information.

A glance at TrueCar Inc. (NASDAQ:TRUE)’s key stats reveals a current market capitalization of 1.16 billion based on 85.46 million shares outstanding and a price at last close of $13.30 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-03-09, Claus picked up 5,000 at a purchase price of $5.70. This brings their total holding to 80,000 as of the date of the filing.

On the sell side, the most recent transaction saw Buce unload 40,100 shares at a sale price of $12.61. This brings their total holding to 262,967.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on TrueCar Inc. (NASDAQ:TRUE) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

read more
Elliott Associates Just Bought Arconic Inc. (NYSE:ARNC) Shares

Elliott Associates Just Bought Arconic Inc. (NYSE:ARNC) Shares

If Trump is to carry through with his word, and his promise to raise employment in the US (although it’s currently at pretty high levels, so he’s going to have to work hard to do it) then the engineering industry should see a boom across the coming three to five years. It seems institutional funds are recognising this, and positioning themselves accordingly.

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Arconic Inc. (NYSE:ARNC) reported that Elliott Associates, L.p. has picked up 14,432,682 of common stock as of 2017-01-25.

The acquisition brings the aggregate amount owned by Elliott Associates, L.p. to a total of 14,432,682 representing a 3.3% stake in the company.

For those not familiar with the company, Arconic Inc., formerly Alcoa Inc., is engaged in providing materials and engineered products. The Company operates through segments, including Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. The Company offers engineered products and solutions, including fastening systems and rings, titanium and engineered products, power and propulsion, and forgings and extrusions. Its transportation and construction solutions include wheel and transportation products; building and construction systems, and extrusions. Its global rolled products include aerospace and automotive products; Micromill products and services, and brazing, commercial transportation and industrial solutions. It offers a range of aluminum sheet and plate products for the aerospace, automotive, commercial transportation, brazing and industrial markets.

A glance at Arconic Inc. (NYSE:ARNC)’s key stats reveals a current market capitalization of 10.27 billion based on 438.48 million shares outstanding and a price at last close of $22.53 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-01-24, Elliott picked up 192,700 at a purchase price of $21.74. This brings their total holding to 30,669,451 as of the date of the filing.

On the sell side, the most recent transaction saw Jarrault unload 12,810 shares at a sale price of $10.23. This brings their total holding to 352,889.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Arconic Inc. (NYSE:ARNC) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

read more
Autoliv Inc. (NYSE:ALV) Is Doing The Institutional Rounds Once Again

Autoliv Inc. (NYSE:ALV) Is Doing The Institutional Rounds Once Again

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Autoliv Inc. (NYSE:ALV) reported that Alecta Pensionsforsakring, Omsesidigt has picked up 8,362,500 of common stock as of 2017-01-19.

The acquisition brings the aggregate amount owned by Alecta Pensionsforsakring, Omsesidigt to a total of 8,362,500 representing a 9.48% stake in the company.

For those not familiar with the company, Autoliv, Inc. is a developer, manufacturer and supplier to the automotive industry of automotive safety systems. The Company operates through two segments: Passive Safety and Electronics. Passive Safety segment includes airbags, seatbelts and steering wheels. Passive safety systems manage vehicle safety and include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems passive safety electronic products, such as restraint electronics and crash sensors. Active safety systems intervene before a collision to make accidents avoidable or to reduce impact.

A glance at Autoliv Inc (NYSE:ALV)’s key stats reveals a current market capitalization of 9.89 billion based on 88.22 million shares outstanding and a price at last close of $113.66 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2012-02-28, Nyberg picked up 2,000  at a purchase price of $68.14. This brings their total holding to 5,000 as of the date of the filing.

On the sell side, the most recent transaction saw Alspaugh unload 647 shares at a sale price of $112.21. This brings their total holding to 3,800.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Autoliv Inc. (NYSE:ALV) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

read more
Icahn Is Buying Federal-Mogul Holdings Corp (NASDAQ:FDML) Shares

Icahn Is Buying Federal-Mogul Holdings Corp (NASDAQ:FDML) Shares

There are worse backers to have than the Icahn estate, and an announcement detailing that said estate has just taken a position in your future can be a strong upside catalyst for any company. Federal just found this out.

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Federal-Mogul Holdings Corp (NASDAQ:FDML) reported that Icahn Capital LP has picked up 138,590,141 of common stock as of 2017-01-18.

The acquisition brings the aggregate amount owned by Icahn Capital LP to a total of 138,590,141 representing a 82.0% stake in the company.

For those not familiar with the company, Federal-Mogul Holdings Corporation is a supplier of technology in vehicle and industrial products for fuel economy, emissions reduction and safety systems. The Company operates in two segments: Powertrain segment and Motorparts segment. The Powertrain segment focuses on original equipment products for automotive, heavy duty and industrial applications. The Motorparts segment sells and distributes a portfolio of products in the global aftermarket. The Company supplies a range of components, accessories and systems. The Company serves the original equipment manufacturers (OEM) and original equipment servicers (OES) (collectively OE) of automotive, light, medium and heavy-duty commercial vehicles, off-road, agricultural, marine, rail, aerospace, power generation and industrial equipment.

A glance at Federal-Mogul Holdings Corp (NASDAQ:FDML)’s key stats reveals a current market capitalization of 1.66 billion based on 169.04 million shares outstanding and a price at last close of $9.87 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2013-04-26, Jueckstock picked up 40 at a purchase price of $6.79. This brings their total holding to 40 as of the date of the filing.

On the sell side, the most recent transaction saw Goachet unload 13,800 shares at a sale price of $14.45. This brings their total holding to 0.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Federal-Mogul Holdings Corp (NASDAQ:FDML) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

read more