Group 1 Automotive (GPI) 10% Owner L.L.C. Buys $11M of Stock
Key Points
- Conifer Management purchased 45,000 shares of Group 1 Automotive at an average price of $240.52 each, totaling approximately $10.8 million.
- The stock recently traded at around $243.88, which is about 4.4% below its 50-day moving average and 21.5% below its 200-day average.
- Conifer Management now owns about 1,957,290 shares of Group 1 Automotive, increasing its stake by 2.35%.
Since the trade, $GPI is up 0.5% to date (from the $242.79 close on Oct 22, 2026).
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On October 22, 2026, Conifer Management, L.L.C. bought 45,000 shares of Group 1 Automotive, Inc. (GPI) for approximately $10.8 million. The average purchase price was $240.52 per share. This transaction was reported in a Form 4 filing with the SEC.
Conifer Management now holds about 1,957,290 shares in Group 1 Automotive, which represents a 2.35% increase in their ownership. This move fits into a pattern of recent buying activity by Conifer, which has been increasing its stake in the company over the past few months.
GPI
Group 1 Automotive, Inc.
Conifer Management, L.L.C. vs. the S&P 500
Hypothetical returns from Conifer Management, L.L.C.'s disclosed trades, not real profit or advice. How we model this.
Other Institutional Activity in Group 1 Automotive
Conifer Management is not the only institutional player in Group 1 Automotive. Massachusetts Financial Services Co. has 383,815 shares, having increased their holdings by 112,644 shares, valued at about $93.6 million. Conifer itself held 967,000 shares as of June 30, 2026, worth around $235.8 million, reflecting a 28.1% increase.
Group 1 Automotive, Inc. Stock Up 0.4%
The stock recently traded at approximately $243.88, which is about 4.4% below its 50-day moving average and 21.5% below its 200-day average. It is also about 44.2% below its 52-week high of $437.22, but 8.6% above its 52-week low of $224.65. The stock's current price is below the mean target price of $333.33 set by analysts.
Recent Earnings
Group 1 Automotive reported trailing twelve-month revenue of about $22.15 billion and an earnings per share (EPS) of $23.93. The company has a return on equity (ROE) of 9.5% and a net margin of 1.3%. The next earnings report is scheduled for October 28, 2026.
Dividend
Group 1 Automotive pays an annual dividend of $2.20 per share, resulting in a yield of 0.9%. The dividend payout ratio is 8.8%, indicating a stable approach to returning value to shareholders.
Insider Buying and Selling at Group 1 Automotive, Inc.
Recently, Conifer Management has been active in buying shares of Group 1 Automotive. On September 30, 2026, they bought 273,712 shares, and earlier in September, they made several other purchases totaling over 840,000 shares within the month. These transactions reflect a strong commitment to the company.
Analysts Set New Price Targets
Analysts have mixed views on Group 1 Automotive. On October 5, 2026, Morgan Stanley downgraded the stock to an Underweight rating with a target price of $232. Meanwhile, firms like Barclays and Evercore ISI Group maintained their ratings of Overweight and Outperform, respectively, with targets of $320 and $330. The consensus recommendation remains a Buy among 12 analysts, with a mean target price of $333.33.
About Group 1 Automotive
Group 1 Automotive, Inc. operates in the automotive retail sector, primarily selling new and used cars and light trucks. The company also offers services and insurance contracts through its dealerships and digital platforms. It has a significant presence in both the United States and the United Kingdom.
Bottom Line
Investors should keep an eye on Group 1 Automotive's upcoming earnings report on October 28, 2026, as it could provide more insights into the company's performance. Conifer Management's continued buying activity suggests confidence in the company's future prospects.
Related Filing Alerts
Source: Conifer Management, L.L.C.'s Form 4 filing on $GPI (Oct 22, 2026). Written by software, not financial advice. How we make alerts