Automotive

Icahn Capital LP is Buying Icahn Enterprises L.p. (NASDAQ:IEP) Shares

Icahn Capital LP is Buying Icahn Enterprises L.p. (NASDAQ:IEP) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Icahn Enterprises L.p. (NASDAQ:IEP) reported that Icahn Capital LP has picked up 32,666,819 of common stock as of 2017-04-20.

The acquisition brings the aggregate amount owned by Icahn Capital LP to a total of 32,666,819 representing less than 20.4% stake in the company.

For those not familiar with the company, Icahn Enterprises L.P. (Icahn Enterprises) is a holding company. The Company’s segments include Automotive, Energy, Metals, Railcar, Gaming, Food Packaging, Mining, Real Estate and Home Fashion. The Company’s Investment segment includes various private investment funds. The Company operates its Automotive segment through its ownership in Federal-Mogul Holdings Corporation and IEH Auto Parts Holding LLC. The Company operates Energy segment through its controlling interest in CVR Energy, Inc. It operates its Metals segment through its subsidiary, PSC Metals, Inc. The Company operates its Railcar segment through its ownership interests in American Railcar Industries, Inc. Its Food Packaging segment consists of ownership in Viskase Companies, Inc. The Company’s Real Estate operations consist of rental real estate, property development and associated resorts. It also owns a limited partner interest in Icahn Enterprises Holdings L.P. (Icahn Enterprises Holdings).

A glance at Icahn Enterprises L.p. (NASDAQ:IEP)’s key stats reveals a current market capitalization of 7.60 Billion based on 158.01 Million shares outstanding and a price at last close of $49.21 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-02-22 Nelson picked up 92 at a purchase price of $53.71. This brings their total holding to 1,292 as of the date of the filing.

On the sell side, the most recent transaction saw Nelson unload 400 shares at a sale price of $55.34. This brings their total holding to 1,200.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Icahn Enterprises L.p. (NASDAQ:IEP) as things move forward to see if its progress aligns with these transactions.

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Guess Who Picked Americas Carmart Inc. (NASDAQ:CRMT) Shares

Guess Who Picked Americas Carmart Inc. (NASDAQ:CRMT) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Americas Carmart Inc. (NASDAQ:CRMT) reported that Magnolia Capital Fund, Lp. has picked up 797,955 of common stock as of 2017-04-18.

The acquisition brings the aggregate amount owned by Magnolia Capital Fund, Lp. to a total of 797,955 representing a 10.2% stake in the company.

For those not familiar with the company, America’s Car-Mart, Inc. is an automotive retailer focused on the integrated auto sales and finance segment of the used car market. The Company conducts its operations through its two operating subsidiaries, America’s Car Mart, Inc. (Car-Mart of Arkansas) and Colonial Auto Finance, Inc. (Colonial) (Collectively, Car-Mart of Arkansas and Colonial are referred to as Car-Mart). It primarily sells older model used vehicles and provides financing for all of its customers. As of April 30, 2016, the Company operated 143 dealerships located primarily in small cities throughout the South-Central United States. Dealerships are operated on a decentralized basis. Each dealership is responsible for buying (with the assistance of a corporate office buyer) and selling vehicles, making credit decisions, and servicing and collecting the installment contracts it originates. Dealerships also maintain their own records and make daily deposits. The Company has both regular and satellite dealerships.

A glance at Americas Carmart Inc. (NASDAQ:CRMT)’s key stats reveals a current market capitalization of 296.42 Million based on 7.80 Million shares outstanding and a price at last close of $37.00 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-04-17, Magnolia picked up 18,313 at a purchase price of $35.85. This brings their total holding to 797,955 as of the date of the filing.

On the sell side, the most recent transaction saw Henderson unload 10,000 shares at a sale price of $41.65. This brings their total holding to 76,984.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Americas Carmart Inc. (NASDAQ:CRMT) as things move forward to see if its progress aligns with these transactions.

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Visteon Corp (NYSE:VC) is Attracting Smart Money

Visteon Corp (NYSE:VC) is Attracting Smart Money

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Visteon Corp (NYSE:VC) reported that Bank of New York Mellon Corp has picked up 1,593,321 of common stock as of 2017-04-10.

The acquisition brings the aggregate amount owned by Bank Of New York Mellon Corp to a total of 1,593,321 representing a 4.86% stake in the company.

For those not familiar with the company, Visteon Corporation is a global automotive supplier that designs, engineers and manufactures electronics products for original equipment vehicle manufacturer (OEM), including Ford, Mazda, Nissan/Renault, General Motors, Honda BMW and Daimler. The Company operates through Electronics segment. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment, audio systems, telematics solutions and head up displays. It designs and manufacturers vehicle cockpit electronics components, modules and systems. It offers a range of information displays incorporating a sleek profile, craftsmanship and touch sensors, designed to deliver high performance for the automotive market. It offers a range of audio products, including audio head units, and analog and digital radios, which deliver consumer device connectivity. It offers an automotive-grade, integrated domain controller approach, called Smartcore.

A glance at Visteon Corp (NYSE:VC)’s key stats reveals a current market capitalization of 3.12 Billion based on 32.81 Million shares outstanding and a price at last close of $95.22 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-24, Manzo picked up 400 at a purchase price of $95.72. This brings their total holding to 2,000 as of the date of the filing.

On the sell side, the most recent transaction saw Vallance unload 590 shares at a sale price of $94.49. This brings their total holding to 2,980.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Visteon Corp (NYSE:VC) as things move forward to see if its progress aligns with these transactions.

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Watson Jill Foss is Buying Credit Acceptance Corp (NASDAQ:CACC) Shares

Watson Jill Foss is Buying Credit Acceptance Corp (NASDAQ:CACC) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Credit Acceptance Corp (NASDAQ:CACC) reported that Watson Jill Foss has picked up 1,006,323 of common stock as of 2017-03-31.

The acquisition brings the aggregate amount owned by Watson Jill Foss to a total of 1,006,323 representing a 5.1% stake in the company.

For those not familiar with the company, Credit Acceptance Corporation offers financing programs that enable automobile dealers to sell vehicles to consumers. The Company’s financing programs are offered through a network of automobile dealers. The Company has two Dealers financing programs: the Portfolio Program and the Purchase Program. Under the Portfolio Program, the Company advances money to dealers (Dealer Loan) in exchange for the right to service the underlying consumer loans. Under the Purchase Program, the Company buys the consumer loans from the dealers (Purchased Loan) and keeps the amounts collected from the consumer. Dealer Loans and Purchased Loans are collectively referred to as Loans. As of December 31, 2016, the Company’s target market included approximately 60,000 independent and franchised automobile dealers in the United States. The Company has market area managers located throughout the United States that market its programs to dealers, enroll new dealers and support active dealers.

A glance at Credit Acceptance Corp (NASDAQ:CACC)’s key stats reveals a current market capitalization of 412.12 Billion based on 19.88 Million shares outstanding and a price at last close of $199.41 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-06-17, Whitman picked up 100 at a purchase price of $166.05. This brings their total holding to 200 as of the date of the filing.

On the sell side, the most recent transaction saw Watson unload 10,000 shares at a sale price of $198.00. This brings their total holding to 853,424.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Credit Acceptance Corp (NASDAQ:CACC) as things move forward to see if its progress aligns with these transactions.

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Guess Who Picked Americas Carmart Inc. (NASDAQ:CRMT) Shares

Guess Who Picked Americas Carmart Inc. (NASDAQ:CRMT) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Americas Carmart Inc. (NASDAQ:CRMT) reported that Magnolia Capital Fund, Lp has picked up 426,421 of common stock as of 2017-03-29.

The acquisition brings the aggregate amount owned by Magnolia Capital Fund, Lp to a total of 426,421 representing less than 5.5% stake in the company.

For those not familiar with the company, America’s Car-Mart, Inc. is an automotive retailer focused on the integrated auto sales and finance segment of the used car market. The Company conducts its operations through its two operating subsidiaries, America’s Car Mart, Inc. (Car-Mart of Arkansas) and Colonial Auto Finance, Inc. (Colonial) (Collectively, Car-Mart of Arkansas and Colonial are referred to as Car-Mart). It primarily sells older model used vehicles and provides financing for all of its customers. As of April 30, 2016, the Company operated 143 dealerships located primarily in small cities throughout the South-Central United States. Dealerships are operated on a decentralized basis. Each dealership is responsible for buying (with the assistance of a corporate office buyer) and selling vehicles, making credit decisions, and servicing and collecting the installment contracts it originates. Dealerships also maintain their own records and make daily deposits. The Company has both regular and satellite dealerships.

A glance at Americas Carmart Inc. (NASDAQ:CRMT)’s key stats reveals a current market capitalization of 267.91 Million based on 7.80 Million shares outstanding and a price at last close of $35.05 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-05-24, Von picked up 2,000 at a purchase price of $21.33. This brings their total holding to 10,000 as of the date of the filing.

On the sell side, the most recent transaction saw Henderson unload 10,000 shares at a sale price of $41.65. This brings their total holding to 76,984.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Americas Carmart Inc. (NASDAQ:CRMT) as things move forward to see if its progress aligns with these transactions.

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Tencent Holdings Ltd. Picked Up Tesla Inc. (NASDAQ:TSLA) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Tesla Inc. (NASDAQ:TSLA) reported that Tencent Holdings Ltd. has picked up 8,167,544 of common stock as of 2017-03-28.

The acquisition brings the aggregate amount owned by Tencent Holdings Ltd. to a total of 8,167,544 representing a 5.0% stake in the company.

For those not familiar with the company, Tesla, Inc., formerly Tesla Motors, Inc., designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, and sales of electric vehicles. The energy generation and storage segment includes the design, manufacture, installation, and sale or lease of stationary energy storage products and solar energy systems to residential and commercial customers, or sale of electricity generated by its solar energy systems to customers. As of December 31, 2016, the Company produced and sold two fully electric vehicles, the Model S sedan and the Model X sport utility vehicle (SUV). It also offers Model 3, a sedan designed for the mass market. It develops energy storage products for use in homes, commercial facilities and utility sites.

A glance at Tesla Inc. (NASDAQ:TSLA)’s key stats reveals a current market capitalization of 46.56 Billion based on 162.90 Million shares outstanding and a price at last close of $278.50 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-17, Musk picked up 95,420 at a purchase price of $262.00. This brings their total holding to 33,599,088 as of the date of the filing.

On the sell side, the most recent transaction saw Musk unload 300 shares at a sale price of $254.62. This brings their total holding to 168,046.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Tesla Inc. (NASDAQ:TSLA) as things move forward to see if its progress aligns with these transactions.

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Here’s Who Just Picked Up Navistar International Corp (NYSE:NAV) Shares

Here’s Who Just Picked Up Navistar International Corp (NYSE:NAV) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Navistar International Corp (NYSE:NAV) reported that Icahn Capital LP has picked up 3,339,185 of common stock as of 2017-03-13.

The acquisition brings the aggregate amount owned by Icahn Capital LP to a total of 3,339,185 representing a 3.40% stake in the company.

For those not familiar with the company, Navistar International Corporation is a holding company whose principal operating entities are Navistar, Inc. and Navistar Financial Corporation (NFC). The Company’s segments include Truck, Parts, Global Operations (collectively, Manufacturing operations) and Financial Services, which consists of NFC and its foreign finance operations (collectively, Financial Services operations). The Truck segment manufactures and distributes Class 4 through 8 trucks, buses and military vehicles under the International and IC Bus brands, along with production of engines. The Parts segment supports its brands of International commercial trucks, IC buses and engines. The Global Operations segment includes operations of its subsidiary, International Industria de Motores da America do Sul Ltda. (IIAA). The Financial Services segment provides and manages retail, wholesale and lease financing of products sold by the Truck and Parts segments and their dealers.

A glance at Navistar International Corp (NYSE:NAV)’s key stats reveals a current market capitalization of 2.64 Billion based on 97.95 Million shares outstanding and a price at last close of $26.64 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-10, Icahn picked up 132,933 at a purchase price of $25.92. This brings their total holding to 16,695,928 as of the date of the filing.

On the sell side, the most recent transaction saw Hammes unload 5,000 shares at a sale price of $29.04. This brings their total holding to 5,261.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Navistar International Corp (NYSE:NAV) as things move forward to see if its progress aligns with these transactions.

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Avis Budget Group is Buying Id Systems Inc. (NASDAQ:IDSY) Shares

Avis Budget Group is Buying Id Systems Inc. (NASDAQ:IDSY) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Id Systems Inc. (NASDAQ:IDSY) reported that Avis Budget Group, Inc. has picked up 1,000,000 of common stock as of 2017-03-07.

The acquisition brings the aggregate amount owned by Avis Budget Group, Inc. to a total of 1,000,000 representing a 0.3% stake in the company.

For those not familiar with the company, I.D. Systems, Inc. (I.D. Systems) develops, markets and sells wireless machine-to-machine solutions for managing and securing enterprise assets, which include industrial vehicles, such as forklifts and airport ground support equipment, rental vehicles, and transportation assets, such as dry van trailers, refrigerated trailers, railcars and containers. Its systems utilize radio frequency identification (RFID), wireless fidelity (Wi-Fi), satellite or cellular communications, and sensor technology and software to control, track, monitor and analyze assets. It provides data reporting and analysis software tool platform, I.D. Systems Analytics PowerFleet IQ (for fleets of forklifts and other industrial trucks) and VeriWise IQ (for fleets of containers, trailers and other transportation assets). Its solutions include industrial and rental fleet asset management, industrial fleet asset management, transportation asset management and rental fleet asset management solutions.

A glance at Id Systems Inc. (NASDAQ:IDSY)’s key stats reveals a current market capitalization of 84.03 Million based on 13.77 Million shares outstanding and a price at last close of $6.14 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-01-09, Emancipation picked up at 10,000 a purchase price of $5.80. This brings their total holding to 1,812,293 as of the date of the filing.

On the sell side, the most recent transaction saw Mavrommatis unload 40,000 shares at a sale price of $6.73. This brings their total holding to 155,573.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Id Systems Inc. (NASDAQ:IDSY) as things move forward to see if its progress aligns with these transactions.

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Guess Who Just Picked Up Navistar International Corp (NYSE:NAV) Shares

Guess Who Just Picked Up Navistar International Corp (NYSE:NAV) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Navistar International Corp (NYSE:NAV) reported that MHR Fund Management has picked up 14,980,528 of common stock as of 2017-03-03.

The acquisition brings the aggregate amount owned by MHR Fund Management to a total of 14,980,528 representing a 15.3% stake in the company.

For those not familiar with the company, Navistar International Corporation is a holding company whose principal operating entities are Navistar, Inc. and Navistar Financial Corporation (NFC). The Company’s segments include Truck, Parts, Global Operations (collectively, Manufacturing operations) and Financial Services, which consists of NFC and its foreign finance operations (collectively, Financial Services operations). The Truck segment manufactures and distributes Class 4 through 8 trucks, buses and military vehicles under the International and IC Bus brands, along with production of engines. The Parts segment supports its brands of International commercial trucks, IC buses and engines. The Global Operations segment includes operations of its subsidiary, International Industria de Motores da America do Sul Ltda. (IIAA). The Financial Services segment provides and manages retail, wholesale and lease financing of products sold by the Truck and Parts segments and their dealers.

A glance at Navistar International Corp (NYSE:NAV)’s key stats reveals a current market capitalization of 2.18 billion based on 97.95 Million shares outstanding and a price at last close of $27.68 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-12-21, D’arcy picked up 1,000 at a purchase price of $31.78. This brings their total holding to 1,000 as of the date of the filing.

On the sell side, the most recent transaction saw Hammes unload 5,000 shares at a sale price of $29.04. This brings their total holding to 5,261.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Navistar International Corp (NYSE:NAV) as things move forward to see if its progress aligns with these transactions.

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