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Group 1 Automotive Inc. (GPI) Chairman of the Board John L Adams sells 9,000 Shares

December 10, 2010 | About:
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Chairman of the Board of Group 1 Automotive Inc. (GPI) John L Adams sells 9,000 shares of GPI on 12/09/2010 at an average price of $40.5 a share.

Group 1 Automotive Inc. has a market cap of $966.4 million; its shares were traded at around $40.73 with a P/E ratio of 16.6 and P/S ratio of 0.2. The dividend yield of Group 1 Automotive Inc. stocks is 1%.

GPI is in the portfolios of Ronald Muhlenkamp of Muhlenkamp Fund, Steven Romick of FPA Crescent Fund, First Pacific Advisors of First Pacific Advisors, LLC.


This is the insider trade history vs. stock price of GPI. For the complete insider trading history of GPI, click here.




Directors and Officers Recent Trades:


  • Buy: VP, General Counsel & Sec. Darryl M Burman bought 300 shares of GPI stock on 06/24/2010 at the average price of 23.86. Darryl M Burman owns at least 72,550 shares after this. The price of the stock has increased by 70.7% since.

  • Buy: VP, Corporate Development Mark J Iuppenlatz bought 1,000 shares of GPI stock on 06/24/2010 at the average price of 23.6. Mark J Iuppenlatz owns at least 19,500 shares after this. The price of the stock has increased by 72.58% since.

  • Sell: Chairman of the Board John L Adams sold 17,000 shares of GPI stock on 11/26/2010 at the average price of 39.64. John L Adams owns at least 79,627 shares after this. The price of the stock has increased by 2.75% since.

  • Sell: VP & General Counsel Darryl M Burman sold 3,500 shares of GPI stock on 11/24/2010 at the average price of 40. Darryl M Burman owns at least 69,353 shares after this. The price of the stock has increased by 1.82% since.

  • Sell: VP & General Counsel Darryl M Burman sold 201 shares of GPI stock on 11/22/2010 at the average price of 40.15. Darryl M Burman owns at least 72,853 shares after this. The price of the stock has increased by 1.44% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


Rating: 3.3/5 (6 votes)

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