Capital Fund, Magnolia, a major owner of America's Car-Mart, recently acquired 6,770 shares of the company. The buys took place at $36.84 per share, on July 11, 2017. Magnolia now owns 833,655 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 intere
sts 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 $36.39 to $36.975. 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 Reports Diluted Earnings Per Share Of $1.82 On Revenues Of $147 Million - Feb. 20, 2018
Invesco Ltd. just provided an update on share ownership of America's Car-Mart - Feb. 7, 2018
Adam K. Peterson just provided an update on share ownership of America's Car-Mart - Feb. 7, 2018
Yacktman Asset Management LP just provided an update on share ownership of America's Car-Mart - Feb. 2, 2018
BlackRock, Inc. just provided an update on share ownership of America's Car-Mart - Jan. 29, 2018