Insider Buying: Group 1 Automotive (NYSE:GPI) Major Shareholder Buys $8,370,174.89 in Stock

Group 1 Automotive, Inc. (NYSE:GPI) major shareholder Conifer Management, L.L.C. acquired 34,529 shares of the stock in a transaction that occurred on Friday, October 23rd. The shares were bought at an average cost of $242.41 per share, for a total transaction of $8,370,174.89. Following the completion of the transaction, the insider directly owned 1,991,819 shares of the company’s stock, valued at $482,836,843.79. This represents a 1.76% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Conifer Management, L.L.C. also recently made the following trade(s):

• On Monday, October 26th, Conifer Management, L.L.C. bought 20,471 shares of Group 1 Automotive stock. The shares were bought at an average cost of $246.14 per share, with a total value of $5,038,731.94.
• On Thursday, October 22nd, Conifer Management, L.L.C. purchased 45,000 shares of Group 1 Automotive stock. The shares were bought at an average price of $240.52 per share, for a total transaction of $10,823,400.00.
• On Monday, September 28th, Conifer Management, L.L.C. purchased 133,472 shares of Group 1 Automotive stock. The stock was bought at an average cost of $243.58 per share, for a total transaction of $32,511,109.76.
• On Wednesday, September 30th, Conifer Management, L.L.C. purchased 71,592 shares of Group 1 Automotive stock. The stock was purchased at an average cost of $242.03 per share, with a total value of $17,327,411.76.
• On Tuesday, September 29th, Conifer Management, L.L.C. bought 68,648 shares of Group 1 Automotive stock. The shares were acquired at an average cost of $239.48 per share, for a total transaction of $16,439,823.04.
• On Friday, September 25th, Conifer Management, L.L.C. acquired 50,532 shares of Group 1 Automotive stock. The shares were bought at an average cost of $252.06 per share, for a total transaction of $12,737,095.92.
• On Thursday, September 24th, Conifer Management, L.L.C. purchased 75,756 shares of Group 1 Automotive stock. The shares were bought at an average price of $248.00 per share, for a total transaction of $18,787,488.00.
• On Friday, September 18th, Conifer Management, L.L.C. purchased 37,650 shares of Group 1 Automotive stock. The stock was purchased at an average cost of $249.88 per share, for a total transaction of $9,407,982.00.
• On Thursday, September 17th, Conifer Management, L.L.C. acquired 28,000 shares of Group 1 Automotive stock. The stock was purchased at an average price of $266.06 per share, with a total value of $7,449,680.00.
• On Thursday, September 10th, Conifer Management, L.L.C. purchased 36,647 shares of Group 1 Automotive stock. The shares were purchased at an average price of $280.86 per share, with a total value of $10,292,676.42.

Group 1 Automotive Trading Down 2.0%

Group 1 Automotive stock opened at $249.01 on Thursday. Group 1 Automotive, Inc. has a 52 week low of $224.65 and a 52 week high of $429.00. The firm has a market capitalization of $2.97 billion, a PE ratio of 10.37, a PEG ratio of 1.50 and a beta of 0.92. The business’s 50-day simple moving average is $254.78 and its 200-day simple moving average is $308.84. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.25 and a current ratio of 1.02.

Group 1 Automotive (NYSE:GPI) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $9.36 earnings per share for the quarter, missing the consensus estimate of $9.50 by ($0.14). Group 1 Automotive had a net margin of 1.31% and a return on equity of 15.66%. The business had revenue of $5.40 billion during the quarter, compared to the consensus estimate of $5.58 billion. During the same period in the prior year, the company posted $10.45 earnings per share. The firm’s revenue was down 6.7% compared to the same quarter last year. Equities research analysts forecast that Group 1 Automotive, Inc. will post 37.68 earnings per share for the current year.

Group 1 Automotive Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $0.55 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $2.20 annualized dividend and a yield of 0.9%. Group 1 Automotive’s dividend payout ratio is 9.16%.

Key Stories Impacting Group 1 Automotive

Here are the key news stories impacting Group 1 Automotive this week:

• Positive Sentiment: Major shareholder Conifer Management continued its aggressive accumulation of GPI shares, purchasing 20,471 shares for approximately $5.0 million on October 26, following purchases of 34,529 shares and 45,000 shares earlier in the week. The buying may signal management-side confidence in the stock’s valuation. Insider Buying: Group 1 Automotive Major Shareholder Acquires Shares
• Neutral Sentiment: GPI held its third-quarter 2026 earnings call and released an accompanying presentation. Investors will focus on commentary regarding vehicle demand, margins, inventory, financing and the outlook for its U.S., U.K. and Brazil operations. Group 1 Automotive Q3 2026 Earnings Call Transcript
• Negative Sentiment: Third-quarter adjusted earnings were $9.36 per share, below consensus estimates ranging from $9.50 to $9.65 and down from $10.45 a year earlier. Revenue was $5.40 billion, below the $5.58 billion estimate and down 6.7% year over year. The simultaneous revenue and earnings declines suggest continued pressure on dealership sales and profitability, making the earnings miss the primary reason for the negative stock reaction. Group 1 Automotive Reports Third Quarter 2026 Financial Results

Analyst Ratings Changes

A number of equities research analysts have weighed in on GPI shares. Citigroup decreased their price objective on Group 1 Automotive from $387.00 to $357.00 and set a “buy” rating on the stock in a report on Monday, September 28th. DA Davidson set a $425.00 price objective on shares of Group 1 Automotive in a research note on Friday, July 10th. JPMorgan Chase & Co. reduced their target price on Group 1 Automotive from $275.00 to $260.00 and set a “neutral” rating on the stock in a report on Tuesday, October 6th. Benchmark restated a “buy” rating on shares of Group 1 Automotive in a research report on Friday, July 10th. Finally, Morgan Stanley cut shares of Group 1 Automotive from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $300.00 to $232.00 in a research report on Monday, October 5th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $341.67.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of Group 1 Automotive during the 2nd quarter worth approximately $593,420,000. Conifer Management L.L.C. bought a new position in Group 1 Automotive in the second quarter valued at approximately $281,561,390. Dimensional Fund Advisors LP grew its holdings in Group 1 Automotive by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 688,416 shares of the company’s stock worth $227,612,000 after acquiring an additional 10,100 shares during the period. Lakewood Capital Management LP bought a new stake in shares of Group 1 Automotive during the 2nd quarter valued at $72,098,000. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of Group 1 Automotive in the 2nd quarter valued at $57,174,000. 99.92% of the stock is currently owned by institutional investors and hedge funds.

Group 1 Automotive Company Profile

Group 1 Automotive, Inc is an international automotive retailer headquartered in Houston, Texas. The company operates dealerships that sell new and used automobiles and light trucks from a broad range of manufacturers.

In addition to vehicle sales, Group 1 Automotive provides automotive financing and insurance products, vehicle maintenance and repair, collision services, replacement parts, and other related services. Its dealerships also market vehicles through digital retailing platforms.

Founded in 1997, Group 1 Automotive serves customers through a network of dealerships and automotive service locations in the United States, the United Kingdom, and Brazil.