Penske Corp., 10% Owner at PENSKE AUTOMOTIVE GROUP, INC. (PAG), bought 300,000 shares at $42.85 ($12.8M) on 2016-08-18, disclosed to the SEC on 2016-08-22.
Open-market purchase of $12.8M 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 | $42.85 | 100,000 | $4.3M | 33.6% |
| 2 | $42.53 | 100,000 | $4.3M | 33.3% |
| 3 | $42.28 | 100,000 | $4.2M | 33.1% |
| Total | $42.55 avg | 300,000 | $12.8M | 100% |
| Filing → |
| PAG | BUY | 2016-09-07 | $10.6M | — | Filing → |
| PAG | BUY | 2016-09-01 | $14.7M | — | Filing → |
| PAG | BUY | 2016-08-29 | $21.1M | — | Filing → |