New insider activity at Axalta Coating Systems ( (AXTA) ) has taken place on February 13, 2025.
Troy D. Weaver, President of Global Refinish at Axalta Coating Systems, recently sold 10,457 shares of the company’s stock, totaling a sale value of $392,869.
Recent Updates on AXTA stock
Axalta Coating Systems has witnessed significant developments following its Q4 earnings report, which highlighted record net sales and robust profitability metrics. The company achieved record Q4 net sales of $1.3 billion and an 85% increase in net income, driven by favorable pricing and strategic initiatives. This strong performance prompted Barclays to raise its price target for Axalta, citing consistent share gains and margin execution as key factors supporting a positive outlook. Challenges like foreign currency headwinds and market volatility persist, but Axalta’s strategic growth initiatives and successful transformation efforts, including a partnership with Dürr for digital paint solutions, position the company well for continued growth. Despite market challenges, Axalta’s financial health and strategic advancements underscore its resilience and potential for future success.
More about Axalta Coating Systems
YTD Price Performance: 12.22%
Average Trading Volume: 1,815,694
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $8.19B