Charles Shaver (Insider Trades), CEO of Axalta Coating Systems Ltd. (AXTA), sold 250,000 shares of the company on July 2. The average price per share was $32.78, for a total transaction cost of $8,195,000. Axalta is a global manufacturer, marketer, and distributor of coating systems mainly for auto body repairs. This company has a market cap of $7.53 billion and P/S ratio of 1.74.
Shaver sold 350,000 shares total in three transactions since May 11. Axalta Senior Vice President, Michael Finn (Insider Trades), sold 48,678 shares of the company at an average price of $32.81 per share on July 2. On the same day, Axalta Director, Orlando Bustos (Insider Trades), sold 40,000 shares of the company at an average price of $32.69 per share. There have not been any insider buys for this company. There were no insider sells during the months of December 2014 to March 2015 while the per share price increased. Insider sells resumed after this period of time, with at least one transaction each month since then. Continue Reading »