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

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Nov 04, 2024
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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.

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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.

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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.

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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.