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ABG - Asbury Automotive Group Inc

Insider Purchase by Hult David W (Pres, CEO)

1 Month
After Trade
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Trade Summary

1 week ago, Hult David W, serving as Pres, CEO at Asbury Automotive Group Inc (ABG), purchased 5,000 shares at $205.34 per share, for a total transaction value of $1,026,706.00. Following this transaction, Hult David W now holds 90,683 shares of ABG.

This purchase represents a 6.00% increase in Hult David W's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, March 6, 2026 and publicly disclosed via SEC Form 4 filing on Monday, March 9, 2026, 3 days after the trade was made.

Asbury Automotive Group Inc operates in the CONSUMER CYCLICAL sector, specifically within the AUTO & TRUCK DEALERSHIPS industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Hult David W

Hult David W

Pres, CEO

David W. Hult is President and Chief Executive Officer of Asbury Automotive Group Inc. (ABG), a role he has held since January 2018, and also serves as a Director on the Executive Committee.[[1]](https://fintool.com/app/research/companies/ABG/people/david-w-hult)[[3]](https://www.cbtnews.com/david-hult-to-replace-craig-monaghan-as-asbury-automotives-president-and-ceo-2/)[[5]](https://investors.asburyauto.com/executive-leadership) With over 30 years of experience in automotive retail, Hult previously served as Executive Vice President and Chief Operating Officer at Asbury from November 2014 to December 2017, Chief Operating Officer at RJL-McLarty-Landers Automotive Holdings from January 2013 to November 2014, and various senior roles at Group 1 Automotive, including VP Fixed Ops & Marketing and Regional VP (East), from June 2004 to July 2012.[[1]](https://fintool.com/app/research/companies/ABG/people/david-w-hult)[[3]](https://www.cbtnews.com/david-hult-to-replace-craig-monaghan-as-asbury-automotives-president-and-ceo-2/) His prior U.S. Army service is noted in company disclosures.[[1]](https://fintool.com/app/research/companies/ABG/people/david-w-hult) Under Hult's leadership, Asbury achieved significant growth, tripling earnings and shareholder value with a 273% stock price increase over his eight-year tenure, alongside strong 2024 performance including adjusted EPS of $27.08, EBITDA of $985 million (highest operating margin among peers at 5.8%), and total shareholder return of 13.5%.[[1]](https://fintool.com/app/research/companies/ABG/people/david-w-hult)[[2]](https://news.dealershipguy.com/p/asbury-automotive-ceo-david-hult-will-step-down-next-year-2025-12-09) He has overseen key acquisitions like Koons, Larry H. Miller, Total Care Auto, and a $1.4B deal for Herb Chambers' group, advancing luxury portfolio and ESG strategies.[[1]](https://fintool.com/app/research/companies/ABG/people/david-w-hult)[[2]](https://news.dealershipguy.com/p/asbury-automotive-ceo-david-hult-will-step-down-next-year-2025-12-09)[[4]](https://www.youtube.com/watch?v=5YI1kpg60WM) Hult announced his transition to Executive Chairman in December 2025, with COO Dan Clara succeeding as President and CEO following the 2026 Annual Meeting.[[2]](https://news.dealershipguy.com/p/asbury-automotive-ceo-david-hult-will-step-down-next-year-2025-12-09)

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Trade Price

$205.34

Quantity

5,000

Total Value

$1,026,706.00

Shares Owned

90,683

Trade Date

Friday, March 6, 2026

10 days ago

SEC Filing Date

Monday, March 9, 2026

Filed 3 days after trade

CONSUMER CYCLICALAUTO & TRUCK DEALERSHIPS

About Asbury Automotive Group Inc

Company Overview

No company information available
View news mentioning ABG

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