GuruFocus - On May 21, 2024, Daniel Mchenry, Senior Vice President & Chief Financial Officer of Group 1 Automotive Inc (NYSE:GPI), executed a sale of 2,437 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this sale, the insider now owns 22,430.3943 shares of Group 1 Automotive Inc.
Group 1 Automotive Inc operates as an automotive retailer. The company sells new and used cars and light trucks, arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts.
Over the past year, Daniel Mchenry has sold a total of 4,696 shares and has not made any purchases of the company's stock. The insider transaction history for Group 1 Automotive Inc shows a trend with 0 insider buys and 10 insider sells over the past year.
On the date of the recent transaction, shares of Group 1 Automotive Inc were priced at $309.61, giving the company a market cap of approximately $4.12 billion. The price-earnings ratio of the stock stands at 7.20, which is lower than both the industry median of 16.51 and the companys historical median.
According to the GF Value, the intrinsic value of Group 1 Automotive Inc is estimated at $300.94 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.03.
The GF Value is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the companys past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider may be of interest to current and potential investors, providing insight into how insiders view the stock's current valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
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