America’s Car-Mart Inc. (NASDAQ:CRMT) CEO William H. Henderson sold 12,986 shares of the business’s stock in a transaction on Monday, November 21st. The shares were sold at an average price of $42.70, for a total transaction of $554,502.20. Following the transaction, the chief executive officer now owns 82,470 shares of the company’s stock, valued at $3,521,469. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

America’s Car-Mart Inc. (NASDAQ:CRMT) opened at 43.30 on Thursday. America’s Car-Mart Inc. has a 52-week low of $19.49 and a 52-week high of $44.00. The firm has a market cap of $339.30 million, a P/E ratio of 18.44 and a beta of 1.01. The company’s 50 day moving average is $39.52 and its 200 day moving average is $33.46.

America’s Car-Mart (NASDAQ:CRMT) last posted its earnings results on Thursday, November 17th. The company reported $0.62 EPS for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.12. The firm had revenue of $150.21 million for the quarter, compared to the consensus estimate of $134.72 million. America’s Car-Mart had a net margin of 3.33% and a return on equity of 8.55%. The company’s revenue was up 12.9% on a year-over-year basis. During the same period last year, the firm posted ($0.06) EPS. Equities research analysts forecast that America’s Car-Mart Inc. will post $2.73 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for America`s Car-Mart (NASDAQ:CRMT)

Several hedge funds and other institutional investors have recently bought and sold shares of CRMT. Schwab Charles Investment Management Inc. increased its position in America’s Car-Mart by 1.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 29,109 shares of the company’s stock worth $823,000 after buying an additional 336 shares during the period. Numeric Investors LLC acquired a new position in shares of America’s Car-Mart during the second quarter valued at about $2,398,000. Harber Asset Management LLC acquired a new position in shares of America’s Car-Mart during the second quarter valued at about $633,000. Parametric Portfolio Associates LLC increased its position in shares of America’s Car-Mart by 7.6% in the second quarter. Parametric Portfolio Associates LLC now owns 37,810 shares of the company’s stock valued at $1,068,000 after buying an additional 2,660 shares during the last quarter. Finally, Counsel Portfolio Services Inc. increased its position in shares of America’s Car-Mart by 32.1% in the second quarter. Counsel Portfolio Services Inc. now owns 61,658 shares of the company’s stock valued at $1,741,000 after buying an additional 15,000 shares during the last quarter. 89.57% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts recently issued reports on CRMT shares. Jefferies Group boosted their target price on shares of America’s Car-Mart from $22.00 to $37.00 and gave the company a “hold” rating in a research report on Monday, August 22nd. Janney Montgomery Scott reiterated a “hold” rating on shares of America’s Car-Mart in a research report on Thursday, September 22nd. Bank of America Corp. upgraded shares of America’s Car-Mart from an “underperform” rating to a “buy” rating in a research report on Wednesday, October 19th. Finally, Zacks Investment Research downgraded shares of America’s Car-Mart from a “strong-buy” rating to a “sell” rating in a research report on Wednesday, October 19th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $34.00.

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America’s Car-Mart Company Profile

America’s Car-Mart, Inc is an automotive retailer focused on the integrated auto sales and finance segment of the used car market. The Company conducts its operations through its two operating subsidiaries, America’s Car Mart, Inc (Car-Mart of Arkansas) and Colonial Auto Finance, Inc (Colonial) (Collectively, Car-Mart of Arkansas and Colonial are referred to as Car-Mart).

5 Day Chart for NASDAQ:CRMT

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