In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Aaron’s Inc (NYSE:AAN) reported that Vintage Capital Management Llc has picked up 48,025 of common stock as of 2017-07-19.
The acquisition brings the aggregate amount owned by Vintage Capital Management Llc to a total of 48,025 representing a 0.001% in the company.
For those not familiar with the company, Aaron’s, Inc. (Aaron’s) is an omnichannel provider of lease-purchase solutions. The Company engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its Company-operated and franchised stores in Canada, as well as its e-commerce platform, Aarons.com. Its segments include Sales and Lease Ownership, Progressive Finance Holdings, LLC (Progressive), Dent-A-Med, Inc., doing business as the HELPcard (DAMI), Franchise and Manufacturing. Its stores carry brands, such as Samsung, Frigidaire, Hewlett-Packard, LG, Whirlpool, Simmons, Philips, Ashley and Magnavox.
A glance at Aaron’s Inc (NYSE:AAN)s key stats reveals a current market capitalization of 2.90 Billion based on 70.66 Million shares outstanding and a price at last close of 39.82 per share.
Looking at insider activity, there are a few recent transactions worth noting.
Specifically, on 2016-08-19, Yanker picked up 40,000 at a purchase price of $25.29. This brings their total holding to 42,599 as of the date of the filing.
On the sell side, the most recent transaction saw Robinson unload 15,000 shares at a sale price of $36.80. This brings their total holding to 363,440.
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 Aaron’s Inc (NYSE:AAN) as things move forward to see if its progress aligns with these transactions. Subscribe below and we’ll keep you on top of what’s happening before it moves markets.