Gold prices steady ahead of Fed decision; weekly weakness noted
Shauna McIntyre, a director at Lithia Motors Inc (NYSE:LAD), recently sold 337 shares of the company’s common stock. The transaction, which took place on May 1, 2025, was executed at a weighted average price of $295.9382 per share, resulting in a total sale value of $99,731. Following this sale, McIntyre retains ownership of 1,632 shares in the company. The shares were sold within a price range of $295.90 to $296.20, as noted in the company’s filing with the Securities and Exchange Commission.The sale comes as Lithia Motors, with a market capitalization of $7.65 billion, trades near $293.77 per share. The stock has experienced significant volatility this year, with a -17.67% year-to-date return. According to InvestingPro analysis, the company currently appears fairly valued, trading at a P/E ratio of 9.24. For deeper insights into insider trading patterns and comprehensive valuation analysis, investors can access the detailed Pro Research Report available on InvestingPro, covering over 1,400 US stocks.
In other recent news, Lithia Motors reported its first-quarter 2025 earnings, revealing an adjusted earnings per share (EPS) of $7.66, which exceeded the forecast of $7.61. The company also reported total revenues of $9.2 billion, surpassing expectations of $9.18 billion. Additionally, Lithia Motors held its 2025 Annual Meeting of Shareholders, where all director nominees were approved, and shareholders supported the compensation of the company’s executive officers. A significant amendment to the company’s Stock Incentive Plan was also approved, authorizing an additional 1,160,000 shares for issuance.
Analyst firm Jefferies adjusted its price target for Lithia Motors, reducing it from $465 to $400, but maintained a Buy rating. The revision followed the earnings report, which included a $0.27 charge related to Pinewood. Despite some challenges, the company showed strong performance in new vehicle gross profit per unit and volume recovery.
The appointment of KPMG LLP as the independent registered public accounting firm for Lithia Motors was ratified by shareholders. However, a shareholder proposal concerning executive severance arrangements was not approved. The company continues to focus on its digital retail strategies and aims for growth in new unit sales, despite potential tariff impacts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.