Harry James Wilson Buys 2,000 Shares of Visteon Corp (NYSE:VC) Stock

Visteon Corp (NYSE:VC) Director Harry James Wilson purchased 2,000 shares of the business’s stock in a transaction dated Friday, June 21st. The shares were acquired at an average cost of $53.92 per share, for a total transaction of $107,840.00. Following the acquisition, the director now owns 12,000 shares of the company’s stock, valued at approximately $647,040. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of NYSE:VC opened at $54.79 on Wednesday. Visteon Corp has a 12 month low of $44.04 and a 12 month high of $139.45. The business’s 50 day moving average price is $51.93.

Visteon (NYSE:VC) last announced its earnings results on Thursday, April 25th. The auto parts company reported $0.53 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.11 by ($0.58). The company had revenue of $737.00 million during the quarter, compared to analysts’ expectations of $713.99 million. During the same quarter last year, the firm posted $2.08 earnings per share. Visteon’s quarterly revenue was down 9.5% compared to the same quarter last year.



A number of equities research analysts have recently weighed in on the company. TheStreet cut Visteon from a “b-” rating to a “c” rating in a report on Thursday, May 2nd. Jefferies Financial Group raised Visteon from an “underperform” rating to a “hold” rating and cut their price target for the company from $79.00 to $62.00 in a report on Monday, April 29th. They noted that the move was a valuation call. B. Riley cut Visteon from a “buy” rating to a “neutral” rating and cut their price target for the company from $130.00 to $75.00 in a report on Thursday, April 25th. Longbow Research set a $85.00 price target on Visteon and gave the company a “buy” rating in a report on Tuesday, June 11th. Finally, Zacks Investment Research cut Visteon from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 21st. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the stock. Visteon has an average rating of “Hold” and an average price target of $94.50.

A number of large investors have recently made changes to their positions in the stock. Comerica Bank raised its holdings in Visteon by 1.0% during the fourth quarter. Comerica Bank now owns 19,721 shares of the auto parts company’s stock worth $1,484,000 after purchasing an additional 202 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in Visteon by 8.9% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 2,880 shares of the auto parts company’s stock worth $194,000 after purchasing an additional 235 shares in the last quarter. Texas Permanent School Fund raised its holdings in Visteon by 1.4% during the first quarter. Texas Permanent School Fund now owns 19,177 shares of the auto parts company’s stock worth $1,292,000 after purchasing an additional 259 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in Visteon by 4.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 7,457 shares of the auto parts company’s stock worth $450,000 after purchasing an additional 327 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its holdings in shares of Visteon by 76.1% in the first quarter. BNP Paribas Arbitrage SA now owns 905 shares of the auto parts company’s stock valued at $61,000 after buying an additional 391 shares in the last quarter.

Visteon Company Profile

Visteon Corporation is a global automotive supplier that designs, engineers and manufactures electronics products for original equipment vehicle manufacturer (OEM), including Ford, Mazda, Nissan/Renault, General Motors, Honda BMW and Daimler. The Company operates through Electronics segment. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment, audio systems, telematics solutions and head up displays.

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Insider Buying and Selling by Quarter for Visteon (NYSE:VC)

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