Insider Trading (Fri 5/5/23)

Notable purchases -- Execs add to EWBC; notable sales -- EVP active in BMY

Buyers:

• ADT President & CEO, EVP-CFO, EVP-COO, EVP-Chief Business Officer, EVP-CLO and Secretary bought a total of 132,000 shares at $4.91 - $5.16 worth ~$667K. 
• FHN Directors (2) bought a total of 35,138 shares at $9.935 - $10.18 worth ~$351K.
• EWBC Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, and one (1) Executive Vice President bought a total of 21,130 shares at $41.25 - $43.00 worth ~$893K.
• KEY Head of Institutional Bank bought 75,000 shares at $9.77 - $9.79 worth ~$734K.
• NWL Chief Financial Officer bought 100,100 shares at $9.92 - $9.99 worth ~$999K.
• STEL Directors (3) bought a total of 144,952 shares at $21.10 - $21.99 worth ~$3.2 mln.
• WSC Chief Executive Officer bought 5,000 shares at $44.62 worth ~$223K.

Sellers:

• BMY EVP & President, Research sold 50,385 shares at $67.05 - $67.111 worth ~$3.4 mln.
• FICO EVP sold 1,335 shares at $739.95 - $740.47 worth ~$988K.
• MMC Director sold 5,500 shares at $179.69 - 179.765 worth ~$988K.
• ORLY EV Chairman of the Board sold 27,000 shares at $925.30 - $931.79 worth ~$25.1 mln.
• PAG Directors (2) sold 10,553 shares at $140.79 - $141.54 worth ~$1.5 mln.

=Penske Auto (PAG) reported earnings on Thur 28 Jul 2016 (b/o)

Penske Auto beats by $0.02, beats on revs  :

• Reports Q2 (Jun) earnings of $1.11 per share, $0.02 better than the Capital IQ Consensus of $1.09; revenues rose 6.8% year/year to $5.25 bln vs the $5.19 bln Capital IQ Consensus.
• Same-store retail revenue increased 0.2%. Excluding foreign exchange, same-store retail revenue increased 2.7%. Foreign exchange rates negatively impacted earnings per share attributable to common shareholders by $0.03 for the three months ended June 30, 2016.
• Q2 Highlights
  • Retail Unit Sales +6.2% to 115,106
  • Same-store Retail Unit Sales -1.9% to 106,266
  • Same-Store Retail Revenue +0.2%
• On July 27, 2016, the company acquired an additional 14.4% interest in Penske Truck Leasing Co., L.P. ("PTL"), from subsidiaries of GE Capital Global Holdings, LLC, for approximately $498.7 million.

-=Penske Auto (PAG) reported Q1 earnings on Tue 26 Apr 2016 (b/o)

Penske Auto beats by $0.02, reports revs in-line :

• Reports Q1 (Mar) earnings of $0.90 per share, $0.02 better than the Capital IQ Consensus of $0.88; revenues rose 7.6% year/year to $4.82 bln vs the $4.8 bln Capital IQ Consensus. 
• During the first quarter of 2016, foreign exchange rates negatively impacted earnings per share attributable to common shareholders by $0.03.
• Total automotive retail units increased 9.9%; comps +2.5%.
• Excluding foreign exchange, total revenue increased 10.0%, including 4.7% on a same-store basis.
• "The resiliency of the U.S. and U.K. automotive markets and a solid performance from our truck dealership operations drove Penske Automotive to another quarter of record results."