Asbury Automotive Group Inc. (ABG) has recently announced that Director Juanita James has sold 625 shares at a price of $244.1 per share on August 19, 2025.
Asbury Automotive Group Inc. (ABG) has recently experienced a surge in institutional interest, as several prominent investment management firms have bolstered their holdings in the company. Meanwhile, Director Juanita James sold 625 shares of the company's stock on August 19, 2025, at a price of $244.1 per share.
Institutional Investment
Brandywine Global Investment Management LLC, a key player in the investment management landscape, increased its holdings in ABG by 4.7% in the first quarter of 2025. The fund owned 71,354 shares of ABG's stock after purchasing an additional 3,183 shares, bringing the total value of its holding to approximately $15.75 million [1].
Charles Schwab Investment Management Inc. also augmented its stake in ABG, increasing its holdings by 1.1% in the first quarter. The firm now owns 213,996 shares of ABG's stock, valued at approximately $47.26 million [2].
Other notable institutional investors who have increased their holdings in ABG include Fox Run Management L.L.C., Robotti Robert, Caitong International Asset Management Co. Ltd., Russell Investments Group Ltd., and Public Sector Pension Investment Board. These firms have collectively purchased a significant number of shares in ABG, reflecting a growing interest in the company's prospects.
Director's Share Sale
Director Juanita James sold 625 shares of ABG at a price of $244.1 per share on August 19, 2025. This transaction represents a modest portion of the company's overall shareholder base but may indicate a strategic decision by the director to diversify her holdings or rebalance her portfolio.
Market Performance
Despite the recent increase in institutional interest, ABG's stock price has seen a slight decrease of 0.6% in recent trading, with a current trading value of $240.64 and a market capitalization of $4.73 billion. The company reported an earnings per share (EPS) of $7.43 for its latest quarter, exceeding analysts' expectations, while revenue was $4.37 billion, slightly below forecasts.
Analyst Ratings
Analysts have mixed opinions on ABG, with a broad consensus rating of "Hold" and an average price target of $254.00. Morgan Stanley boosted its price target on ABG from $225.00 to $230.00 and gave the company an "equal weight" rating, while JPMorgan Chase & Co. cut its price target from $225.00 to $215.00 and set an "underweight" rating [1].
Conclusion
Asbury Automotive Group Inc. has seen a notable increase in institutional investment, with several major funds bolstering their holdings in the company. Meanwhile, Director Juanita James's recent share sale may indicate a strategic move by the director. Despite a slight decrease in stock price, ABG continues to report strong earnings and has a broad consensus rating of "Hold" among analysts. Investors should closely monitor the company's performance and the evolving sentiment among institutional investors.
References
[1] https://www.marketbeat.com/instant-alerts/filing-brandywine-global-investment-management-llc-raises-stock-holdings-in-asbury-automotive-group-inc-nyseabg-2025-08-16/
[2] https://www.marketbeat.com/instant-alerts/filing-charles-schwab-investment-management-inc-acquires-2230-shares-of-asbury-automotive-group-inc-nyseabg-2025-08-17/
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