Bailey Richard J Jr sold $83K of LAD
Bailey Richard J Jr sold 297 shares of LITHIA MOTORS INC (LAD) at $280.58 on 2026-05-26.
LITHIA MOTORS INC
Bailey Richard J Jr sold 297 shares of LITHIA MOTORS INC (LAD) at $280.58 on 2026-05-26.
Analysts issued multiple rating and price-target changes across Wall Street. JPMorgan upgraded Openlane to overweight and raised its Dec 2026 PT to $38; UBS upgraded Ecolab to buy with a $325 PT; Barclays upgraded SanDisk to overweight. Micron’s PT was raised to $1,175 by Barclays. JPMorgan upgraded FedEx to overweight ahead of late-June earnings.
Lithia & Driveway (LAD) said it increased its share repurchase authorization by $500 million to $726 million. Since March 31, it bought about 505,000 shares for over $137 million at a weighted average price of $272, about 2.2% of shares outstanding. Year-to-date, it repurchased about 1.45 million shares for nearly $396 million at $274 (6.2%). The company attributed the increase to confidence in its strategy and cash flow.