Penske Corp., 10% Owner at PENSKE AUTOMOTIVE GROUP, INC. (PAG), bought 478,000 shares at $43.99 ($21.1M) on 2016-08-25, disclosed to the SEC on 2016-08-29.
Open-market purchase of $21.1M 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 | $43.99 | 200,000 | $8.8M | 41.6% |
| 2 | $44.25 | 180,000 | $8.0M | 37.7% |
| 3 | $44.60 | 98,000 | $4.4M | 20.7% |
| Total | $44.21 avg | 478,000 | $21.1M | 100% |
| Filing → |
| PAG | BUY | 2016-09-07 | $10.6M | — | Filing → |
| PAG | BUY | 2016-09-01 | $14.7M | — | Filing → |
| PAG | BUY | 2016-08-22 | $12.8M | — | Filing → |