Genuine Parts Co (GPC, +1, Mar 30th)
Paul Donahue (Chair since 2019, CEO since 2016, joined 2004) purchased 1,600 shares on March 24th at $156, spending $250,000. Despite joining the company in 2004, and a reportable insider since 2007, this is his first open-market purchase. Most of his activity up until now has been exercising options with partial surrenders (mandatory) and no open-market selling.
This purchase, after just a -12% pull-back from an all-time high of $187 in December, is interesting to see. He began his career at GPC as COO of S.P. Richards, a subsidiary of the company in 2004, EVP of GPC since 2007, President since 2012, CEO since 2016 and a Director since 2012.
We are ranking the stock +1.
If you want to have Stock of the Week with insider buying stocks information and analysis in your email, don’t forget to subscribe!
Follow us on LinkedIn and Twitter
Check our Signals Performance and if you want to know more about this Signals Service, please, email us at email@example.com or fill in the Contact Us form here.