A recent Form 13D filing by Eddie Lampert reveals that his beneficial holding in AutoNation, Inc. (NYSE:AN) has fallen to 19.2%.
He beneficially now owns 22.81 million shares in the USA’s largest automotive retailer, which boasts of 273 new vehicle franchises that sell 33 new vehicle brands over 15 states.
Holdings down from June
A 13D filing in June showed he held 26.20 million shares in AutoNation, Inc. (NYSE:AN) amounting to a 21.9% stake.
At one time Lampert had a massive holding of 80 million shares in the auto retailer, but has been steadily selling out the stock since the...
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