Group 1 Automotive (NYSE:GPI) Major Shareholder Conifer Management, L.L.C. Purchases 28,000 Shares

September 22, 2026 by InsiderTrades.com

Key Points

Conifer Management purchased 28,000 Group 1 Automotive shares at an average price of $266.06, investing approximately $7.45 million and increasing its direct ownership to 1.47 million shares.
The major shareholder has made a series of additional purchases since September 1, totaling hundreds of thousands of shares, signaling continued accumulation despite the stock trading near its 52-week low.
Group 1 Automotive recently missed quarterly earnings and revenue estimates, while analysts maintain a consensus “Hold” rating; the company also pays a quarterly dividend of $0.55 per share.

Group 1 Automotive, Inc. (NYSE:GPI - Get Free Report) major shareholder Conifer Management, L.L.C. bought 28,000 shares of the company's stock in a transaction that occurred on Thursday, September 17th. The stock was acquired at an average cost of $266.06 per share, for a total transaction of $7,449,680.00. Following the acquisition, the insider directly owned 1,474,640 shares of the company's stock, valued at $392,342,718.40. The trade was a 1.94% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.

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

On Friday, September 18th, Conifer Management, L.L.C. acquired 37,650 shares of Group 1 Automotive stock. The stock was bought at an average price of $249.88 per share, with a total value of $9,407,982.00.
On Thursday, September 10th, Conifer Management, L.L.C. bought 36,647 shares of Group 1 Automotive stock. The stock was purchased at an average cost of $280.86 per share, with a total value of $10,292,676.42.
On Wednesday, September 9th, Conifer Management, L.L.C. purchased 47,353 shares of Group 1 Automotive stock. The shares were purchased at an average price of $282.48 per share, for a total transaction of $13,376,275.44.
On Friday, September 4th, Conifer Management, L.L.C. purchased 57,159 shares of Group 1 Automotive stock. The shares were purchased at an average cost of $300.15 per share, for a total transaction of $17,156,273.85.
On Thursday, September 3rd, Conifer Management, L.L.C. acquired 83,121 shares of Group 1 Automotive stock. The stock was purchased at an average price of $282.63 per share, with a total value of $23,492,488.23.
On Wednesday, September 2nd, Conifer Management, L.L.C. acquired 26,561 shares of Group 1 Automotive stock. The stock was purchased at an average cost of $276.03 per share, with a total value of $7,331,632.83.
On Tuesday, September 1st, Conifer Management, L.L.C. acquired 3,539 shares of Group 1 Automotive stock. The shares were acquired at an average cost of $269.66 per share, for a total transaction of $954,326.74.

Group 1 Automotive Stock Performance

NYSE GPI opened at $251.50 on Tuesday. The firm has a market cap of $3.00 billion, a P/E ratio of 10.47, a P/E/G ratio of 0.74 and a beta of 0.82. Group 1 Automotive, Inc. has a 52-week low of $246.21 and a 52-week high of $461.27. The business's 50-day moving average price is $284.82 and its 200 day moving average price is $308.71. The company has a quick ratio of 0.25, a current ratio of 1.02 and a debt-to-equity ratio of 1.03.

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Group 1 Automotive (NYSE:GPI - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $9.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.60 by ($0.99). Group 1 Automotive had a net margin of 1.31% and a return on equity of 15.66%. The firm had revenue of $5.39 billion during the quarter, compared to analyst estimates of $5.66 billion. During the same period in the prior year, the firm posted $10.82 earnings per share. The business's quarterly revenue was down 5.6% compared to the same quarter last year. On average, equities research analysts expect that Group 1 Automotive, Inc. will post 38.96 earnings per share for the current year.

Group 1 Automotive Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, September 1st. Group 1 Automotive's dividend payout ratio (DPR) is presently 9.16%.

Analyst Ratings Changes

GPI has been the subject of several research reports. Zacks Research downgraded Group 1 Automotive from a "hold" rating to a "strong sell" rating in a research note on Monday, August 10th. UBS Group lowered their price objective on shares of Group 1 Automotive from $338.00 to $330.00 and set a "neutral" rating on the stock in a research note on Friday, July 10th. Morgan Stanley restated an "equal weight" rating and set a $300.00 target price (down from $400.00) on shares of Group 1 Automotive in a research report on Friday, August 7th. JPMorgan Chase & Co. downgraded shares of Group 1 Automotive from an "overweight" rating to a "neutral" rating and reduced their price target for the company from $380.00 to $320.00 in a report on Friday, July 31st. Finally, Seaport Research Partners set a $420.00 price target on shares of Group 1 Automotive in a research report on Monday, August 3rd. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $373.38.

Read Our Latest Report on Group 1 Automotive

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of GPI. BlackRock Inc. acquired a new position in shares of Group 1 Automotive during the 2nd quarter valued at $593,420,000. Conifer Management L.L.C. acquired a new stake in Group 1 Automotive in the 2nd quarter valued at $281,561,390. Dimensional Fund Advisors LP raised its position in Group 1 Automotive by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 688,416 shares of the company's stock valued at $227,612,000 after purchasing an additional 10,100 shares during the period. Norges Bank purchased a new position in Group 1 Automotive in the fourth quarter valued at about $98,125,000. Finally, Lakewood Capital Management LP acquired a new position in shares of Group 1 Automotive during the second quarter worth about $72,098,000. Hedge funds and other institutional investors own 99.92% of the company's stock.

Group 1 Automotive Company Profile

(Get Free Report)

Group 1 Automotive, Inc is an international automotive retailer that operates franchised dealerships in the United States and the United Kingdom. The company sells new and used vehicles from a broad range of manufacturers, including domestic, Asian and European brands.

In addition to vehicle sales, Group 1 Automotive provides automotive maintenance and repair services, sells replacement parts and accessories, and offers financing, insurance and other related products. Its dealerships also support customers through collision-repair operations and online vehicle purchasing tools.

Founded in 1997 and headquartered in Houston, Texas, Group 1 Automotive has expanded through dealership acquisitions and organic growth.