Swiss National Bank Cuts Holdings in America’s Car-Mart, Inc. (NASDAQ:CRMT)

Swiss National Bank trimmed its holdings in shares of America’s Car-Mart, Inc. (NASDAQ:CRMTFree Report) by 9.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,000 shares of the company’s stock after selling 1,300 shares during the quarter. Swiss National Bank owned approximately 0.19% of America’s Car-Mart worth $909,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Anchor Investment Management LLC purchased a new position in America’s Car-Mart in the fourth quarter worth $25,000. WINTON GROUP Ltd purchased a new position in America’s Car-Mart in the third quarter worth $231,000. Graham Capital Management L.P. grew its holdings in America’s Car-Mart by 15.6% in the third quarter. Graham Capital Management L.P. now owns 2,839 shares of the company’s stock worth $258,000 after purchasing an additional 384 shares during the last quarter. Louisiana State Employees Retirement System purchased a new position in America’s Car-Mart in the fourth quarter worth $220,000. Finally, Platform Technology Partners purchased a new position in America’s Car-Mart in the third quarter worth $269,000. 89.10% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at America’s Car-Mart

In other America’s Car-Mart news, major shareholder Adam K. Peterson bought 13,550 shares of the firm’s stock in a transaction that occurred on Thursday, April 11th. The stock was bought at an average cost of $57.87 per share, for a total transaction of $784,138.50. Following the completion of the transaction, the insider now directly owns 742,000 shares of the company’s stock, valued at approximately $42,939,540. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, major shareholder Adam K. Peterson acquired 4,145 shares of the business’s stock in a transaction on Tuesday, March 5th. The stock was bought at an average price of $63.13 per share, with a total value of $261,673.85. Following the completion of the acquisition, the insider now owns 700,450 shares of the company’s stock, valued at $44,219,408.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Adam K. Peterson acquired 13,550 shares of the business’s stock in a transaction on Thursday, April 11th. The stock was purchased at an average cost of $57.87 per share, with a total value of $784,138.50. Following the acquisition, the insider now directly owns 742,000 shares of the company’s stock, valued at approximately $42,939,540. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 40,924 shares of company stock worth $2,428,463. Company insiders own 14.10% of the company’s stock.

America’s Car-Mart Trading Up 3.3 %

NASDAQ:CRMT opened at $61.72 on Friday. America’s Car-Mart, Inc. has a 12 month low of $55.00 and a 12 month high of $127.96. The firm has a fifty day simple moving average of $60.41 and a 200-day simple moving average of $65.16. The company has a market capitalization of $394.39 million, a P/E ratio of -13.16, a PEG ratio of 2.27 and a beta of 1.67.

America’s Car-Mart (NASDAQ:CRMTGet Free Report) last posted its quarterly earnings data on Friday, March 8th. The company reported ($1.34) EPS for the quarter, missing the consensus estimate of ($1.10) by ($0.24). America’s Car-Mart had a negative return on equity of 6.10% and a negative net margin of 2.10%. The company had revenue of $299.60 million for the quarter, compared to analyst estimates of $350.95 million. During the same quarter in the previous year, the firm posted $0.23 earnings per share. The company’s quarterly revenue was down 7.9% on a year-over-year basis. Equities analysts forecast that America’s Car-Mart, Inc. will post -4.9 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Stephens reaffirmed an “equal weight” rating and issued a $82.00 price target on shares of America’s Car-Mart in a report on Tuesday, February 6th. Bank of America cut their price target on shares of America’s Car-Mart from $55.00 to $50.00 and set an “underperform” rating on the stock in a report on Wednesday, April 10th.

View Our Latest Report on CRMT

About America’s Car-Mart

(Free Report)

America's Car-Mart, Inc, through its subsidiaries, operates as an automotive retailer in the United States. It primarily sells older model used vehicles and provides financing for its customers. The company was founded in 1981 and is headquartered in Rogers, Arkansas.

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Institutional Ownership by Quarter for America's Car-Mart (NASDAQ:CRMT)

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