Asbury Automotive Group Inc (ABG) Files Form 4 Insider Selling : George Karolis Sells 1,717 Shares

Asbury Automotive Group Inc (ABG): George Karolis , SVP, Corp. Dev. & Real Estate of Asbury Automotive Group Inc sold 1,717 shares on Apr 29, 2016. The Insider selling transaction was reported by the company on May 2, 2016 to the Securities and Exchange Commission. The shares were sold at $60.47 per share for a total value of $103,826.99 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 14, 2016, Eugene S Katz (director) sold 1,000 shares at $60.57 per share price.On May 14, 2015, Dennis E Clements (director) sold 10,000 shares at $85.00 per share price.Also, On Apr 22, 2015, Juanita T James (director) sold 3,152 shares at $86.72 per share price.On Mar 6, 2015, Michael Sawicki (VP, Controller & CAO) sold 345 shares at $78.52 per share price.

Asbury Automotive Group: On Wednesday, Apr 27, 2016 heightened volatility was witnessed in Asbury Automotive Group which led to swings in the share price. The shares opened for trading at $62.47 and hit $63.37 on the upside , eventually ending the session at $62.61, with a gain of 0.58% or 0.36 points. The heightened volatility saw the trading volume jump to 4,13,660 shares. The 52-week high of the share price is $96.582 and the company has a market cap of $1,549 M . The 52-week low of the share price is at $43.56.

Asbury Automotive Group Money Flow Index Chart

Company has been under the radar of several Street Analysts.Asbury Automotive Group is Initiated by Jefferies to Hold. The Rating was issued on Apr 11, 2016.Asbury Automotive Group is Upgraded by Buckingham Research to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 23, 2016.

Asbury Automotive Group Inc. (Asbury) is an automotive retailer in the United States. The Company offers a range of automotive products and services including new and used vehicles vehicle maintenance replacement parts and collision repair services new and used vehicle financing and aftermarket products including insurance warranty and service contracts. The Company’s brand names include Nalley Automotive Group Courtesy Autogroup Coggin Automotive Group Crown Automotive Company David McDavid Auto Group Gray-Daniels Auto Family and Plaza Motor Company among others. The Company’s new vehicle sales consist of the sale of new vehicles to individual retail customers and the sale of new vehicles to commercial customers. It’s used vehicle sales include the sale of used vehicles to individual retail customers and the sale of used vehicles to other dealers at auction. It provides vehicle maintenance and repair services in the markets of its franchised dealerships.

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