Hult David W

CEO Hult buys 5,000 shares at $205.34 avg for $1.0M; stock down 14.1% in 90 days, -23.2% from high.

David W Hult, President & CEO of Asbury Automotive Group, executed 2 separate open-market purchases totaling 5,000 shares for $1,026,706.40 on 2026-03-06, at an average price of $205.34. The current stock price of $204.17 sits 23.2% below the 52-week high of $265.97 and has declined 14.1% over the past 90 days. His prior trades at ABG (5 sells in August 2024) were followed by 90-day positive returns of 13.1% to 14.5%, meaning those sales were poorly-timed for capturing exits before downturns. The company's fundamentals remain intact (P/E of 6.32, $4.8B revenue, +4.7% annual growth), but the purchasing decision coincides with a period of material price depreciation from recent highs. This buy occurs amid negative near-term momentum and follows a pattern where the same insider's prior ABG dispositions did not precede rallies.

ABG CEO David Hult sold 8,190 shares for $1,900,928.70 across 6 transactions in 2 days

David Hult, President & CEO of Asbury Automotive Group, executed 6 separate sales totaling 8,190 shares (8.2K shares) for $1,900,928.70 on August 14–15, 2024, reducing his holdings by 14.3% from 57,334 shares to 49,144 shares. The blended average price was $232.10, slightly above the current price of $231.99. The stock is trading -13.8% below its 52-week high of $269.22 and has declined 10.6% over the past 30 days. With a P/E of 11.59 and trailing 12-month revenue growth of -4.1%, the company faces operational headwinds, though the insider retains substantial equity (49.1K shares post-transaction). The multi-day, multi-price execution pattern and the absence of flagged trading plan language suggest discretionary selling activity.