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Michelle Hulgrave, Executive Vice President and Chief Financial Officer of Penske Automotive Group, Inc. (NYSE:PAG), sold 1,100 shares of the company’s common stock on August 19, 2025. The shares were sold at a price of $182.5505, for a total transaction value of approximately $200,805. The sale comes as PAG trades near its 52-week high of $186.55, with the company maintaining a solid market capitalization of $12.12 billion and demonstrating "GOOD" overall financial health according to InvestingPro analysis.
Following the transaction, Hulgrave directly owns 18,922 shares of Penske Automotive Group, Inc.
The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission. The filing was signed on Hulgrave’s behalf by Shane M. Spradlin, by power of attorney.
In other recent news, Penske Automotive Group reported its second-quarter 2025 earnings, surpassing earnings per share expectations with a reported EPS of $3.78, compared to the forecasted $3.59. However, the company did not meet revenue forecasts, reporting $7.66 billion against an anticipated $7.92 billion. In a separate development, Citi reiterated its Buy rating on Penske Automotive, maintaining a price target of $200.00 and signaling potential short-term positive momentum with a 30-day upside catalyst call. Meanwhile, JPMorgan upgraded Penske Automotive from Underweight to Neutral, raising its price target to $175.00 from $155.00. This upgrade reflects JPMorgan’s belief that the period of weak same-store performance and slower earnings growth compared to peers has ended, with potential for in-line or better growth into 2026. These developments highlight the varied analyst perspectives on Penske Automotive’s future performance.
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