Penske Corp., 10% Owner at PENSKE AUTOMOTIVE GROUP, INC. (PAG), bought 225,000 shares at $46.30 ($10.6M) on 2016-09-02, disclosed to the SEC on 2016-09-07.
Open-market purchase of $10.6M PAG by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade B.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $46.30 | 50,000 | $2.3M | 21.9% |
| 2 | $46.64 | 75,000 | $3.5M | 33.1% |
| 3 | $47.52 | 100,000 | $4.8M | 45.0% |
| Total | $46.96 avg | 225,000 | $10.6M | 100% |
| Filing → |
| PAG | BUY | 2016-09-01 | $14.7M | — | Filing → |
| PAG | BUY | 2016-08-29 | $21.1M | — | Filing → |
| PAG | BUY | 2016-08-22 | $12.8M | — | Filing → |