Sonic Automotive (SAH) 10% Owner Rusnak Buys $752K of Stock

Paul P. Rusnak, a 10% owner of Sonic Automotive Inc (SAH), bought 12,555 shares of the company on October 14, 2026. The transaction was revealed in a Form 4 filing with the SEC. The shares were acquired at a price of $59.90 each, bringing the total value of the purchase to $752,044.50.

Inside Paul P. Rusnak's Sonic Automotive Trade

The recent acquisition follows several other purchases made by Rusnak earlier in October 2026. On October 6, 2026, Rusnak bought 1,119 shares at $59.90 per share for $67,028.00. Prior to that, on October 5, 2026, he acquired 27,756 shares at $59.76 each, valued at $1,658,699.00, and on October 1, 2026, he purchased 21,645 shares at $59.50 each, totaling $1,287,878.00.

Other Institutional Activity in Sonic Automotive

Other large investors adjusted their holdings in Sonic Automotive in recent months. LSV Asset Management grew its holdings by 366,988 shares, ending with 733,977 shares worth about $46,688,277.00. Nomura Asset Management International Inc reduced its stake by 46,413 shares, leaving it with 588,516 shares valued at about $37,435,503.00. Westwood Holdings Group Inc. cut its position by 113,012 shares to finish with 494,907 shares worth about $31,481,034.00. Nuveen, LLC lifted its holdings by 70,640 shares, holding 386,136 shares valued at approximately $24,562,111.00.

Sonic Automotive Stock Snapshot

Sonic Automotive shares recently traded around $63.52 as of October 16, 2026.

Insider Buying and Selling at Sonic Automotive Inc

Insiders have been active in the stock over recent months. Before Rusnak's October purchases, company president Frank Jeff Dyke III sold 50,000 shares on June 10, 2026, for a total value of $4,259,743.00.

Financial Firms Issue Updates on Sonic Automotive

Several financial firms have updated their views on Sonic Automotive. On August 19, 2026, Barclays maintained its Equal-Weight rating with an $87.00 price target, down from $92.00. Morgan Stanley maintained its Underweight rating on October 5, 2026, lowering its target from $72.00 to $57.00. JP Morgan maintained an Underweight rating on October 6, 2026, moving its target from $72.00 to $64.00. Barclays issued another update on October 6, 2026, maintaining an Equal-Weight rating and lowering its target from $87.00 to $75.00. UBS maintained a Buy rating on October 7, 2026, dropping its target from $107.00 to $74.00.

About Sonic Automotive

Sonic Automotive operates automotive dealerships in the United States, offering new and used cars, replacement parts, maintenance services, and financing options. The company also operates collision repair centers and powersports dealerships. Insider transactions by major owners provide a clear look at how key stakeholders manage their personal stakes in the firm.

Bottom Line

Investors will continue to watch for future SEC filings from major owners and upcoming corporate updates to gauge insider sentiment. No investment decisions should be made based solely on individual insider transactions.