Exoduspoint Capital Management 13F: New $13M Stake in ABG
Exoduspoint Capital Management has opened a new position in Asbury Automotive, acquiring 62,664 shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Exoduspoint Capital Management opened a new position of 62,664 shares in Asbury Automotive Group, Inc. ($ABG), according to a 13F filing with the SEC dated May 14, 2026. It reported 62,664 shares worth $12.87 million at the end of the quarter.
Since the filing, $ABG is down 4.0% after 1 week, up 3.4% after 1 month and down 11.9% to date (from the $193.09 close on May 14, 2026).
Find the original: Exoduspoint Capital Management 13F filings on SEC EDGAR
ABG
Asbury Automotive Group, Inc.
Key Points
- Exoduspoint Capital Management opened a new position in Asbury Automotive Group with 62,664 shares valued at about $12.9 million.
- Asbury Automotive shares traded near $205.35 on Friday, with a market cap of approximately $3.78 billion and a P/E ratio of 7.18.
- Recent insider activity includes CEO Daniel Clara buying 4,532 shares and analysts setting varied price targets, with a consensus mean target of $232.3.
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Exoduspoint Capital Management recently took a new position in Asbury Automotive Group, Inc. (NYSE:ABG), according to its latest 13F filing with the SEC. The fund acquired 62,664 shares, valued at approximately $12.9 million, marking a new investment in the automotive retailer.
Exoduspoint Capital Management vs. the S&P 500
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What Changed in Exoduspoint Capital's Asbury Automotive Position
Exoduspoint Capital Management opened a new position in Asbury Automotive Group with 62,664 shares, valued at about $12.9 million as of the latest filing. This marks a fresh investment for the fund in the automotive retail sector.
Other Institutional Activity in Asbury Automotive
BlackRock, Inc. reduced its holdings in Asbury Automotive by 24,963 shares, now holding 2,891,799 shares valued at approximately $565.1 million, a slight decrease of 0.9%. Abrams Capital Management maintained its position with 2,155,492 shares worth $421.2 million. Dimensional Fund Advisors LP increased its holdings by 34,104 shares, resulting in 1,156,426 shares valued at about $226 million, a 3% increase. Vanguard Portfolio Management LLC opened a new position with 1,117,431 shares valued at $218.4 million. Impactive Capital LP trimmed its stake by 174,343 shares to 1,072,684 shares, a 14% decrease, valued at $209.6 million.
Asbury Automotive Group, Inc. Stock Up 12.2%
Shares of Asbury Automotive Group traded near $205.35 on Friday. The company has a market capitalization of around $3.78 billion and a P/E ratio of 7.18. Its forward P/E ratio stands at 6.86, with a beta of 0.753. Over the past year, the stock's 52-week range has been between $172.01 and $274.50. The company's 50-day moving average is $196.11, while the 200-day moving average is $220.79.
Recent Earnings
Asbury Automotive reported revenue of $17.96 billion, with a slight revenue decline of 0.9%. The company's net margin is 3.05%, and it has a return on equity of 14.5%. Earnings per share stand at $28.28. The next earnings report is anticipated on July 28, 2026.
Insider Buying and Selling at Asbury Automotive Group, Inc.
Recent insider activity includes CEO Daniel Clara purchasing 4,532 shares on May 4, 2026. Christopher Disantis also bought 157 shares on May 20, 2026. On March 11, 2026, Disantis acquired 843 shares, while SVP & CHRO Jed Milstein sold 940 shares at $164.03 per share on February 4, 2022.
Analysts Set New Price Targets
On June 2, 2026, Stephens & Co. reiterated a buy rating with a $242.00 price target. UBS initiated coverage with a hold rating and a $202.00 target on May 27, 2026. JP Morgan maintained a sell rating with a $220.00 target on May 7, 2026. The consensus among analysts is a hold rating, with a mean target price of $232.3 across 10 analysts.
About Asbury Automotive Group
Asbury Automotive Group, Inc. is a major automotive retailer based in Atlanta, Georgia. It operates through its dealerships and Total Care Auto segments, offering new and used vehicles, repair and maintenance services, and replacement parts. The company also provides finance and insurance products, including vehicle financing and extended service contracts. Asbury Automotive has been in business since 1996 and employs approximately 15,000 people.
Bottom Line
Exoduspoint Capital's new position in Asbury Automotive highlights ongoing interest in the automotive retail sector. Asbury Automotive's stock performance and insider activity are closely monitored by investors. Remember, 13F filings are retrospective and may not reflect current positions.
Related Filing Alerts
Source: Exoduspoint Capital Management's 13F filing on $ABG (May 14, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Exoduspoint Capital Management 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts