Peak6 Reduces $2M in AutoNation, Inc. ($AN)
Key Points
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Peak6 reduced its position in AutoNation, Inc. ($AN) by 41.55% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,449 shares of AutoNation, Inc. after selling 12,404 shares during the quarter. Peak6's holdings in AutoNation, Inc. were worth $3.24 million as of its most recent filing.
AutoNation, Inc. Stock Down 7.1%
Shares of AutoNation, Inc. ($AN) traded around $185.84 on Saturday, down 7.1% for the day.
AutoNation, Inc. Earnings
Analysts Set New Price Targets
About AutoNation, Inc.
AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company operates through four segments: Domestic, Import, Premium Luxury, and AutoNation Finance. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services. The company also provides automotive finance and insurance products comprising vehicle services and other protection products; and indirect financing, as well as arranges finance for vehicle purchases through third-party finance sources. It owns and operates new vehicle franchises from stores located in metropolitan markets in the Sunbelt region, as well as AutoNation-branded collision centers, AutoNation USA used vehicle stores, AutoNation-branded automotive auction operations, and parts distribution centers. The company was formerly known as Republic Industries, Inc. and changed its name to AutoNation, Inc. in 1999. AutoNation, Inc. was incorporated in 1980 and is headquartered in Fort Lauderdale, Florida.
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