Penske Corp., 10% Owner at PENSKE AUTOMOTIVE GROUP, INC. (PAG), bought 252,824 shares at $40.05 ($10.1M) on 2016-08-10, disclosed to the SEC on 2016-08-10.
Open-market purchase of $10.1M 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 C.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $39.79 | 50,000 | $2.0M | 19.7% |
| 2 | $39.70 | 51,412 | $2.0M | 20.3% |
| 3 | $39.71 | 51,412 | $2.0M | 20.3% |
| 4 | $40.05 | 50,000 | $2.0M | 19.9% |
| 5 | $40.05 | 50,000 | $2.0M | 19.9% |
| Total | $39.86 avg | 252,824 |
| $10.1M |
| 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 → |