Michael Manley’s stock trading reflects an active investment strategy, showcasing his confidence in AutoNation’s future. Recently, his selling peaked at around $11.6 million in July 2024. Earlier in 2023, he sold shares valued at over $7.1 million in November and...
Michael Manley’s stock trading reflects an active investment strategy, showcasing his confidence in AutoNation’s future. Recently, his selling peaked at around $11.6 million in July 2024. Earlier in 2023, he sold shares valued at over $7.1 million in November and December. His trades show he had substantial wealth tied up in AutoNation stock, reflecting trust in the company. He currently holds approximately $15.5 million in shares, far exceeding his ownership requirement of five times his salary. Manley's trading habits demonstrate a proactive approach to managing his wealth and align him closely with the company's performance, signaling to shareholders that he has a stake in AutoNation's success.