Insider Buying at Genuine Parts Co (GPC): Group President, GPC N.A. Randall Breaux Acquires Shares

Article's Main Image

Group President, GPC N.A. Randall Breaux of Genuine Parts Co (GPC, Financial) purchased 750 shares on November 1, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 35,189 shares of the company.

Genuine Parts Co, a distributor of automotive replacement parts, industrial parts, and materials, has seen a notable insider transaction that aligns with its current stock valuation metrics. On the day of the purchase, shares were trading at $133.65, positioning the company with a market cap of approximately $16.20 billion.

The company's current price-earnings ratio stands at 15.00, which is below both the industry median of 16.6 and the historical median for the company. This valuation suggests a potentially undervalued status in its sector.

According to the GF Value, the intrinsic value of Genuine Parts Co is estimated at $165.29 per share, making the stock significantly undervalued with a price-to-GF-Value ratio of 0.81.

1853497728357789696.png

The insider transaction history for Genuine Parts Co shows a conservative pattern over the past year, with only 1 insider buy and 2 insider sells. The insider's recent purchase could signal a positive outlook on the stock's value and future performance.

1853497641292427264.png

Overall, the insider's decision to increase their holdings in Genuine Parts Co by acquiring additional shares adds a layer of interest for potential investors, especially considering the stock's current valuation and the GF Value assessment.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.