Is Asbury Automotive Stock a Buy After Investment Firm Magnolia Group Purchased Shares Worth Nearly $11 Million?
What happenedAccording to a filing with the Securities and Exchange Commission dated October 29, 2025, investment advisory firm Magnolia Group, LLC reported purchasing 44,500 additional shares of Asbury Automotive Group (ABG +0.42%). The estimated trade size was 69.09 million. This stock now accounts for 10.95% of Magnolia Group's reported ...