Group 1 Automotive (GPI) 10% Owner L.L.C. Buys $8.4M of Stock
Key Points
- Conifer Management's recent buy adds 34,529 shares to its holdings, increasing its total stake to about 1,991,819 shares.
- As of October 27, 2026, Group 1 Automotive trades around $243.88, which is below its 50-day moving average of $255.15.
- The company is set to report its next earnings on October 28, 2026, following a year-over-year revenue decline of 5.6%.
Since the trade, $GPI is down 0.4% to date (from the $244.97 close on Oct 23, 2026).
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On October 23, 2026, Conifer Management, L.L.C. bought 34,529 shares of Group 1 Automotive, Inc. (GPI) for approximately $8.37 million. The purchase was reported in a Form 4 filing with the SEC.
This new buy brings Conifer's total holdings to about 1,991,819 shares, reflecting a 1.76% increase in their stake.
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 also boosted its position in Group 1 Automotive earlier this year, growing its holdings by 211,944 shares, ending with 967,000 shares worth about $235.83 million. Massachusetts Financial Services Co. increased its stake by 112,644 shares, bringing its total to 383,815 shares valued at approximately $93.60 million.
Group 1 Automotive, Inc. Stock Up 0.4%
As of October 27, 2026, Group 1 Automotive's shares are trading around $243.88, which is below its 50-day moving average of $255.15 and its 200-day average of $310.52. The stock is also about 44.2% below its 52-week high of $437.22, indicating it may be trading at a lower range compared to its recent performance.
Recent Earnings
Group 1 Automotive reported trailing twelve-month revenue of about $22.15 billion and an EPS of $23.93. The next earnings report is scheduled for October 28, 2026, which will provide further insights into the company's performance amid a 5.6% year-over-year revenue decline.
Dividend
Group 1 Automotive pays an annual dividend rate of $2.20 per share, yielding approximately 0.9%. The dividend payout ratio stands at 8.8%, indicating a reasonable return to shareholders.
Insider Buying and Selling at Group 1 Automotive, Inc.
Recently, Conifer Management has been active in purchasing shares of Group 1 Automotive. On September 10, 2026, it acquired 84,000 shares valued at about $23.67 million. This was followed by additional purchases of 65,650 shares on September 18, 126,288 shares on September 25, and 273,712 shares on September 30, each contributing to its growing stake in the company.
Analysts Set New Price Targets
On October 5, 2026, Morgan Stanley downgraded the stock to an Underweight rating with a target of $232. On October 6, 2026, JP Morgan maintained a Neutral rating with a target of $260, while Barclays also kept its Overweight rating with a target of $320. The consensus recommendation for Group 1 Automotive is a buy, with a mean price target of $333.33 based on 12 analyst opinions.
About Group 1 Automotive
Group 1 Automotive, Inc. operates in the automotive retail sector, selling new and used cars and light trucks through its dealerships and online platforms. The company also offers vehicle financing and service contracts, making it a significant player in the auto and truck dealership industry.
Bottom Line
Investors should keep an eye on Group 1 Automotive's upcoming earnings report on October 28, 2026, as it may provide insights into the company's performance amid recent analyst rating changes and insider trading activity.
Source: Conifer Management, L.L.C.'s Form 4 filing on $GPI (Oct 23, 2026). Written by software, not financial advice. How we make alerts