Major owner of America's Car-Mart just picked up 18,313 shares

Capital Fund, Magnolia, a major owner of America's Car-Mart, recently acquired 18,313 shares of the company. The buys took place at $35.85 per share, on April 17, 2017. Magnolia now owns 797,955 shares of the company. Magnolia operates out of Omaha, NE. Some additional info was provided as follows:

All of the reported shares are directly owned by Magnolia Capital Fund, LP, of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the above listed Common Stock of America's Car-Mart, Inc. TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary inte rests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. This transaction was executed in multiple trades at prices ranging from $35.7450 to $35.9000. The price reported above reflects the weighted-average sale price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

America's Car-Mart director just cashed-in 22,500 options - May 24, 2018
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