Thomas Knott Buys Over 85,000 Shares of GPGI

Thomas Knott made a significant insider purchase of GPGI shares on June 11, 2026. Knott bought 85,250 shares at an average price of $11.67 each, totaling approximately $994,867.50. This transaction was not part of a pre-planned trading program, indicating a direct decision to increase his stake.

Other Institutional Activity in GPGI

Several institutional investors have also been active in GPGI recently. Platinum Equity Advisors, LLC/DE added 52,829,757 shares, bringing its total to 52,829,757 shares valued at about $903.4 million. FMR LLC increased its holdings by 39,416,399 shares, ending with 39,551,933 shares worth approximately $676.3 million. Alyeska Investment Group, L.P. boosted its position by 20,893,047 shares, reaching 21,395,253 shares with a value of $365.9 million. Locust Wood Capital Advisers, LLC grew its stake by 4,919,524 shares to a total of 13,783,653 shares valued at $235.7 million. BlackRock, Inc. raised its holdings by 8,894,398 shares, resulting in 13,677,162 shares worth about $233.9 million.

GPGI Stock Snapshot

Shares of GPGI traded near $12.80. The company's stock has seen a range of activity with institutional investors significantly increasing their positions. GPGI's market dynamics reflect ongoing interest and confidence from both insiders and major institutional players.

Insider Buying and Selling at GPGI

In addition to Thomas Knott's purchase, several other insiders have bought GPGI shares recently. Kevin Moriarty acquired 3,956 shares at $12.64 on May 26, 2026. Krishna Mikkilineni bought 8,106 shares at $12.34 on May 14, 2026. Kurt Schoen purchased 4,000 shares at $12.58 on May 13, 2026, and Rebecca Corbin Loree added 3,925 shares at $12.87 on May 12, 2026. Knott also previously bought 44,000 shares at $17.08 on March 17, 2026.

Analysts Set New Price Targets

On May 15, 2026, JP Morgan maintained its hold rating on GPGI, setting a price target of $15.00. This reflects a neutral stance from analysts, while insiders and institutional investors show an active interest in the stock.

Bottom Line

Thomas Knott’s recent purchase of GPGI shares highlights insider confidence in the company. With major institutional investors also increasing their holdings, GPGI remains a stock to watch. Insider and institutional activities can provide insight into potential market movements, though past filings may not reflect current positions.