Group President of GPC North America of Genuine Parts Randall Breaux Buys 2.9% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Genuine Parts Company (NYSE:GPC) Group President of GPC North America, Randall Breaux, recently bought US$85k worth of stock, for US$114 per share. However, it only increased their shares held by 2.9%, and it wasn't a huge purchase by absolute value, either.

View our latest analysis for Genuine Parts

Genuine Parts Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Independent Director, Wendy Needham, sold US$503k worth of shares at a price of US$155 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$123. So it is hard to draw any strong conclusion from it. The only individual insider seller over the last year was Wendy Needham.

Wendy Needham ditched 6.25k shares over the year. The average price per share was US$153. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

I will like Genuine Parts better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It appears that Genuine Parts insiders own 0.4% of the company, worth about US$61m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Genuine Parts Insiders?

The recent insider purchase is heartening. But we can't say the same for the transactions over the last 12 months. The more recent transactions are a positive, but Genuine Parts insiders haven't shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. So they seem pretty well aligned, overall. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Genuine Parts. Case in point: We've spotted 1 warning sign for Genuine Parts you should be aware of.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.