99 Cents Only Stores investor Akre Capital sells 154,623 shares

By Lisa Kerner

Charlotte, N.C., Aug. 27 - 99 Cents Only Stores, Inc. investor Akre Capital Management, LLC reported the sale of 154,623 shares of the company's stock in a schedule 13D/A filed on Thursday with the Securities and Exchange Commission.

The shares were sold between July 14 and Aug. 5 at prices from $13.01 to $14.90 each.

Akre beneficially owns 930,344 shares, or 1.4%, of the City of Commerce, Calif.-based discount retailer.

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