Genuine Parts Co (GPC, +1, Mar 30th)

Paul Donahue (Chair since 2019, CEO since 2016, joined 2004) purchased 1,600 shares on March 24th at $156, spending $250,000. Despite joining the company in 2004, and a reportable insider since 2007, this is his first open-market purchase. Most of his activity up until now has been exercising options with partial surrenders (mandatory) and no open-market selling.

This purchase, after just a -12% pull-back from an all-time high of $187 in December, is interesting to see. He began his career at GPC as COO of S.P. Richards, a subsidiary of the company in 2004, EVP of GPC since 2007, President since 2012, CEO since 2016 and a Director since 2012.

We are ranking the stock +1.

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