Penske Automotive Group Inc (PAG) Chairman & CEO Roger S Penske Bought $2.1 million of Stocks

GuruFocus.com

Mon, Aug 15, 2016, 6:15 PM

- By insider

Chairman & CEO of Penske Automotive Group Inc (PAG) Roger S Penske bought 50,000 shares of PAG on 08/11/2016 at an average price of $41.36 a share. The total cost of this purchase was $2.1 million.

Penske Automotive Group Inc is a transportation services company. It operates automotive and commercial vehicle dealership in the United States and Western Europe & distributes commercial vehicles, diesel engines and related parts. Penske Automotive Group Inc has a market cap of $3.65 billion; its shares were traded at around $42.84 with a P/E ratio of 11.43 and P/S ratio of 0.18. The dividend yield of Penske Automotive Group Inc stocks is 2.50%. Penske Automotive Group Inc had an annual average EBITDA growth of 18.00% over the past 5 years.

Warning! GuruFocus has detected 2 Warning Signs with PAG. Click here to check it out.
PAG 15-Year Financial Data
The intrinsic value of PAG
Peter Lynch Chart of PAG

CEO Recent Trades:

Chairman & CEO, 10% Owner Roger S Penske bought 50,000 shares of PAG stock on 08/11/2016 at the average price of $41.36. The price of the stock has increased by 3.58% since.
Chairman & CEO, 10% Owner Roger S Penske bought 151,412 shares of PAG stock on 08/10/2016 at the average price of $39.85. The price of the stock has increased by 7.5% since.
Chairman & CEO, 10% Owner Roger S Penske bought 220,632 shares of PAG stock on 08/05/2016 at the average price of $39.35. The price of the stock has increased by 8.87% since.
Chairman & CEO, 10% Owner Roger S Penske bought 710,121 shares of PAG stock on 08/02/2016 at the average price of $39.1. The price of the stock has increased by 9.57% since.

Directors and Officers Recent Trades:

10% Owner Corp Penske bought 50,000 shares of PAG stock on 08/11/2016 at the average price of $41.36. The price of the stock has increased by 3.58% since.
10% Owner Corp Penske bought 151,412 shares of PAG stock on 08/10/2016 at the average price of $39.85. The price of the stock has increased by 7.5% since.
10% Owner Corp Penske bought 220,632 shares of PAG stock on 08/05/2016 at the average price of $39.35. The price of the stock has increased by 8.87% since.
10% Owner Corp Penske bought 710,121 shares of PAG stock on 08/02/2016 at the average price of $39.1. The price of the stock has increased by 9.57% since.

For the complete insider trading history of PAG, click here

.This article first appeared on GuruFocus.