Penske Automotive Ownership
| PAG Stock | USD 162.80 1.89 1.17% |
Shares in Circulation | First Issued 1995-03-31 | Previous Quarter 66.9 M | Current Value 66.8 M | Avarage Shares Outstanding 85.2 M | Quarterly Volatility 39.3 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Penske |
Penske Stock Ownership Analysis
About 21.0% of the company outstanding shares are owned by corporate insiders. The book value of Penske Automotive was at this time reported as 77.93. The company recorded earning per share (EPS) of 13.07. Penske Automotive last dividend was issued on the 15th of November 2024. The entity had 2:1 split on the 2nd of June 2006. Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan. Penske Automotive operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 25000 people. To find out more about Penske Automotive Group contact Gregory Penske at 248 648 2500 or learn more at https://www.penskeautomotive.com.Besides selling stocks to institutional investors, Penske Automotive also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Penske Automotive's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Penske Automotive's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Penske Automotive Quarterly Liabilities And Stockholders Equity |
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Penske Automotive Insider Trades History
About 21.0% of Penske Automotive Group are currently held by insiders. Unlike Penske Automotive's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Penske Automotive's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Penske Automotive's insider trades
Penske Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Penske Automotive is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Penske Automotive Group backward and forwards among themselves. Penske Automotive's institutional investor refers to the entity that pools money to purchase Penske Automotive's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-06-30 | 315.7 K | Amvescap Plc. | 2024-06-30 | 271.6 K | Bank Of New York Mellon Corp | 2024-06-30 | 243.5 K | American Century Companies Inc | 2024-09-30 | 221.1 K | Bruni J V & Co | 2024-09-30 | 196.4 K | Private Management Group Inc | 2024-09-30 | 189.7 K | Horizon Asset Management Inc/ny | 2024-09-30 | 181.5 K | First Trust Advisors L.p. | 2024-06-30 | 156 K | Brandywine Global Investment Mgmt Llc | 2024-06-30 | 152 K | Blackrock Inc | 2024-06-30 | 2.4 M | Vanguard Group Inc | 2024-09-30 | 2 M |
Penske Automotive Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Penske Automotive insiders, such as employees or executives, is commonly permitted as long as it does not rely on Penske Automotive's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Penske Automotive insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Penske Automotive's latest congressional trading
Congressional trading in companies like Penske Automotive, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Penske Automotive by those in governmental positions are based on the same information available to the general public.
| 2021-02-25 | Representative Michael T McCaul | Acquired $15K to $50K | Verify |
Penske Automotive Outstanding Bonds
Penske Automotive issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Penske Automotive uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Penske bonds can be classified according to their maturity, which is the date when Penske Automotive Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| PENSKE AUTOMOTIVE GROUP Corp BondUS70959WAJ27 | View | |
| US70959WAK99 Corp BondUS70959WAK99 | View | |
| US709599AX20 Corp BondUS709599AX20 | View | |
| US709599AZ77 Corp BondUS709599AZ77 | View | |
| US709599AW47 Corp BondUS709599AW47 | View | |
| US709599BE30 Corp BondUS709599BE30 | View | |
| US709599BJ27 Corp BondUS709599BJ27 | View | |
| PENSKE 44 01 JUL 27 Corp BondUS709599BN39 | View |
Penske Automotive Corporate Filings
F4 | 13th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 30th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 29th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 18th of June 2024 Other Reports | ViewVerify |
Currently Active Assets on Macroaxis
When determining whether Penske Automotive is a strong investment it is important to analyze Penske Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Penske Automotive's future performance. For an informed investment choice regarding Penske Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penske Automotive Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penske Automotive. If investors know Penske will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penske Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 4.09 | Earnings Share 13.07 | Revenue Per Share 447.96 | Quarterly Revenue Growth 0.019 |
The market value of Penske Automotive is measured differently than its book value, which is the value of Penske that is recorded on the company's balance sheet. Investors also form their own opinion of Penske Automotive's value that differs from its market value or its book value, called intrinsic value, which is Penske Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penske Automotive's market value can be influenced by many factors that don't directly affect Penske Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penske Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penske Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penske Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.