Major owner of America's Car-Mart just picked up 19,000 shares

Capital Fund, Magnolia, a major owner of America's Car-Mart, recently acquired 19,000 shares of the company. The buys took place at $37.71 per share, on July 25, 2017. Magnolia now owns 852,655 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 inter ests 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 $37.65 to $37.80. 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.

To receive a free e-mail notification whenever America's Car-Mart makes a similar move, sign up!

Other recent filings from the company include the following:

America's Car-Mart director just disposed of 27,370 shares - Sept. 6, 2017
America's Car-Mart's Chief Executive Officer just cashed-in 6,250 options - Sept. 6, 2017
America's Car-Mart Just Filed Its Quarterly Report: Earnings per Share  ... - Sept. 6, 2017
Report of proposed sale of securities - Aug. 31, 2017
Major owner of America's Car-Mart just picked up 12,560 shares - Aug. 28, 2017

Auto Refresh