America’s Car-Mart, Inc. (NASDAQ:CRMT) CEO William H. Henderson sold 6,250 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $40.65, for a total transaction of $254,062.50. Following the completion of the transaction, the chief executive officer now owns 93,440 shares of the company’s stock, valued at approximately $3,798,336. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of America’s Car-Mart, Inc. (CRMT) opened at 41.25 on Wednesday. America’s Car-Mart, Inc. has a 52-week low of $30.20 and a 52-week high of $47.75. The firm has a 50 day moving average price of $39.51 and a 200-day moving average price of $37.70. The company has a market cap of $303.81 million, a price-to-earnings ratio of 16.46 and a beta of 0.97.

America’s Car-Mart (NASDAQ:CRMT) last announced its quarterly earnings data on Thursday, August 17th. The company reported $0.90 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.90. America’s Car-Mart had a net margin of 3.41% and a return on equity of 8.70%. The company had revenue of $146.40 million during the quarter, compared to analysts’ expectations of $153.05 million. During the same quarter in the prior year, the company earned $0.87 EPS. The firm’s revenue was up .4% on a year-over-year basis. Equities research analysts anticipate that America’s Car-Mart, Inc. will post $3.07 earnings per share for the current year.

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A number of institutional investors have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd purchased a new stake in America’s Car-Mart during the second quarter valued at about $370,000. Tower Research Capital LLC TRC grew its stake in shares of America’s Car-Mart by 3,157.4% during the second quarter. Tower Research Capital LLC TRC now owns 3,518 shares of the company’s stock valued at $137,000 after buying an additional 3,410 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of America’s Car-Mart by 1.9% during the second quarter. The Manufacturers Life Insurance Company now owns 6,155 shares of the company’s stock valued at $240,000 after buying an additional 112 shares during the last quarter. State Street Corp grew its stake in shares of America’s Car-Mart by 5.0% during the second quarter. State Street Corp now owns 144,997 shares of the company’s stock valued at $5,641,000 after buying an additional 6,957 shares during the last quarter. Finally, Voya Investment Management LLC bought a new position in shares of America’s Car-Mart during the second quarter valued at about $206,000. 88.67% of the stock is owned by institutional investors and hedge funds.

A number of research firms have weighed in on CRMT. Zacks Investment Research lowered shares of America’s Car-Mart from a “buy” rating to a “hold” rating in a report on Wednesday, June 14th. Jefferies Group LLC reaffirmed a “hold” rating and set a $41.00 price target on shares of America’s Car-Mart in a research note on Friday, August 18th. Stephens started coverage on shares of America’s Car-Mart in a research note on Wednesday, August 23rd. They set an “equal weight” rating and a $42.00 price target for the company. Finally, ValuEngine lowered shares of America’s Car-Mart from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $41.67.

About America’s Car-Mart

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).

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

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