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Form 4 Oracle: Boston, MA -- Form4Oracle: Insider Trading Report: Group 1 Automotive Inc (GPI)

Thu. November 06, 2008; Posted: 06:55 AM
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Nov 06, 2008 (M2 PRESSWIRE via COMTEX) -- GPI | Quote | Chart | News | PowerRating -- As the stock was trading at less than 50 percent of its 52-week high, Adams John L, Director at Group 1 Automotive Inc (GPI) has reported buying $99.20K today.Over the last four weeks insiders at Group 1 Automotive Inc (GPI) have bought more than $211.95K:

- Lataif Louis E, Director: bought $65.00K increasing total holdings by 117%

- Burman Darryl M, VP, General Counsel & Sec.: bought $7.15K increasing total holdings by 5%

- Hesterberg Earl J, President & CEO: bought $7.25K increasing total holdings by < 1%

- Adams John L, Director: bought $132.55K increasing total holdings by 40%

For a current, real-time summary of GPI insider activity, visit http://www.form4oracle.com/company?cik=0001031203&ticker=GPI

About Form4Oracle

Form4Oracle, LLC specializes in distributing insider trading information published by the SEC, making it accessible and actionable for all types of investors. To learn more about how tracking insider trading activity can improve your investment returns, visit http://www.form4oracle.com.

About Group 1 Automotive Inc

Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. It markets and sells various automotive products, including new and used cars and light trucks, as well as replacement parts; arranges related financing, warranty, insurance, and extended service contracts; and provides vehicle maintenance and repair services. As of December 31, 2007, the company owned and operated 142 franchises at 104 dealership locations, as well as 26 collision centers. It has operations in Alabama, California, Florida, Georgia, Kansas, Louisiana, Massachusetts, Mississippi, New Hampshire, New Jersey, New Mexico, New York, Oklahoma, South Carolina, and Texas, as well as in Brighton, Hailsham, and Worthing, the United Kingdom. The company was founded in 1995 and is headquartered in Houston, Texas.

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The companies referenced in this report have not approved the statements made in this report. This report contains statements that imply risks and uncertainties. This material is for informational reporting purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Form4Oracle is not a licensed broker, broker dealer, market maker, investment banker, investment adviser, analyst or underwriter and is not compensated in this regard.

Please consult your broker to understand investing benefits and risks and prior to purchasing any securities mentioned herein.

CONTACT: Kimberly Sutton, on behalf of Form4Oracle Tel: +1 312 315 5077 e-mail: kimberly@form4oracle.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details on Group 1 Automotive Inc (GPI) click here. Group 1 Automotive Inc (GPI) has Short Term PowerRatings of 5. Details on Group 1 Automotive Inc (GPI) Short Term PowerRatings is available at This Link.

    


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