medium
Buy
2,500 shares
$99,700
Significance
6/10
CFO Rick Galloway buys 2,500 shares of LKQ at $39.88 on 2024-07-29; 3 other insiders also bought within 14 days.
Rick Galloway, SVP and CFO, purchased 2,500 shares at $39.88, increasing his holdings from 55,626 to 58,126 shares. The timing coincides with a -30.1% decline from the 52-week high of $57.45, and a -6.9% drop over the past 90 days, positioning the purchase near the lower end of the annual range. Notably, 3 other insiders also made purchases within the past 14 days, creating a cluster buy pattern. The company maintains solid fundamentals with $3.7B in quarterly revenue, $186.0M net income, and 8.4% annual revenue growth, with a P/E of 14.50—all supporting the valuation at which this executive chose to invest.