Penske Automotive Group (PAG) is up 8.4% today. Here is some analysis on what might have caused this price movement.
Analysis: The sharp move appears tied to Penske Automotive Group’s agreement to be taken private by Penske Corporation and Mitsui in an all-cash deal. The announced price of $212 per share closely matches the stock’s move, suggesting investors are repricing the shares toward the transaction value while still leaving a small gap for deal timing and closing risk.
Details:
Sources:
Penske Automotive Group Investor Relations, SEC, Mitsui & Co.
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$PAG Insider Trading Activity
$PAG insiders have traded $PAG stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $PAG stock by insiders over the last 6 months:
- MICHELLE HULGRAVE (EVP & CFO) sold 1,500 shares for an estimated $257,697
- GREG C SMITH sold 1,488 shares for an estimated $238,110
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PAG Hedge Fund Activity
We have seen 189 institutional investors add shares of $PAG stock to their portfolio, and 144 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DIAMANT ASSET MANAGEMENT, INC. removed 878,496 shares (-99.3%) from their portfolio in Q2 2026, for an estimated $157,206,859
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 631,653 shares (+inf%) to their portfolio in Q2 2026, for an estimated $113,034,304
- DIMENSIONAL FUND ADVISORS LP added 200,171 shares (+13.8%) to their portfolio in Q2 2026, for an estimated $35,820,600
- VICTORY CAPITAL MANAGEMENT INC added 158,288 shares (+10.7%) to their portfolio in Q2 2026, for an estimated $28,325,637
- HAMLIN CAPITAL MANAGEMENT, LLC removed 129,925 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $26,029,174
- J. GOLDMAN & CO LP added 121,579 shares (+inf%) to their portfolio in Q2 2026, for an estimated $21,756,562
- MILLENNIUM MANAGEMENT LLC added 121,008 shares (+253.3%) to their portfolio in Q2 2026, for an estimated $21,654,381
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$PAG Price Targets
Multiple analysts have issued price targets for $PAG recently. We have seen 5 analysts offer price targets for $PAG in the last 6 months, with a median target of $170.0.
Here are some recent targets:
- Alex Perry from B of A Securities set a target price of $238.0 on 07/09/2026
- Joseph Spak from UBS set a target price of $167.0 on 05/27/2026
- Rajat Gupta from JP Morgan set a target price of $170.0 on 05/07/2026
- Michael Ward from Citigroup set a target price of $199.0 on 05/06/2026
- Jeff Lick from Stephens & Co. set a target price of $160.0 on 05/04/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
