Insider Selling: America's Car-Mart COO Unloads 10,750 Shares of Stock (CRMT)
America's Car-Mart (NASDAQ:CRMT) COO Eddie L. Hight sold 10,750 shares of the company’s stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $36.45, for a total transaction of $391,837.50. Following the transaction, the chief operating officer now directly owns 57,607 shares of the company’s stock, valued at approximately $2,099,775. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
America's Car-Mart (NASDAQ:CRMT) traded up 0.82% on Wednesday, hitting $36.72. The stock had a trading volume of 16,334 shares. America's Car-Mart has a 52 week low of $34.56 and a 52 week high of $47.93. The stock has a 50-day moving average of $36.85 and a 200-day moving average of $38.19. The company has a market cap of $320.4 million and a price-to-earnings ratio of 16.19.
America's Car-Mart (NASDAQ:CRMT) last issued its quarterly earnings data on Tuesday, May 27th. The company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by $0.10. The company had revenue of $123.00 million for the quarter, compared to the consensus estimate of $133.44 million. During the same quarter in the previous year, the company posted $0.92 earnings per share. The company’s revenue for the quarter was down 2.3% on a year-over-year basis. On average, analysts predict that America's Car-Mart will post $2.72 earnings per share for the current fiscal year.
America’s Car-Mart, Inc is an automotive retailer in the United States focused on the integrated auto sales and finance segment of the used car market.
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