Axalta Coating Systems Ltd (NASDAQ:AXTA) CFO Robert W. Bryant sold 48,882 shares of Axalta Coating Systems stock in a transaction dated Thursday, January 12th. The shares were sold at an average price of $28.00, for a total transaction of $1,368,696.00. Following the sale, the chief financial officer now directly owns 267,138 shares in the company, valued at approximately $7,479,864. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Axalta Coating Systems Ltd (NASDAQ:AXTA) opened at 28.18 on Friday. The company’s 50-day moving average is $26.96 and its 200-day moving average is $27.18. The stock has a market capitalization of $6.78 billion and a PE ratio of 64.19. Axalta Coating Systems Ltd has a 12 month low of $20.67 and a 12 month high of $30.45.

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A number of equities research analysts have recently weighed in on the stock. RBC Capital Markets reaffirmed a “buy” rating and set a $31.00 target price on shares of Axalta Coating Systems in a research note on Wednesday, January 4th. Citigroup Inc. lowered shares of Axalta Coating Systems from a “buy” rating to a “neutral” rating in a research note on Monday, January 9th. Vertical Research lowered shares of Axalta Coating Systems from a “buy” rating to a “hold” rating and set a $29.00 target price on the stock. in a research note on Friday, December 2nd. Barclays PLC reaffirmed an “equal weight” rating and set a $31.00 target price (up previously from $30.00) on shares of Axalta Coating Systems in a research note on Wednesday, December 28th. Finally, Vertical Group lowered shares of Axalta Coating Systems from a “buy” rating to a “hold” rating in a research note on Friday, December 2nd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $30.33.

5 Day Chart for NASDAQ:AXTA

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