America’s Car-Mart, Inc. (NASDAQ:CRMT) Director William H. Henderson Sells 4,000 Shares

America’s Car-Mart, Inc. (NASDAQ:CRMT) Director William H. Henderson sold 4,000 shares of the stock in a transaction that occurred on Monday, July 8th. The shares were sold at an average price of $85.50, for a total transaction of $342,000.00. Following the transaction, the director now owns 122,830 shares in the company, valued at $10,501,965. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

NASDAQ CRMT opened at $84.86 on Wednesday. The company’s 50 day simple moving average is $87.13. America’s Car-Mart, Inc. has a 52-week low of $61.90 and a 52-week high of $104.05. The company has a market capitalization of $570.10 million, a P/E ratio of 13.16, a PEG ratio of 0.62 and a beta of 0.93.

America’s Car-Mart (NASDAQ:CRMT) last released its quarterly earnings data on Tuesday, May 21st. The company reported $2.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.77 by $0.24. America’s Car-Mart had a net margin of 7.12% and a return on equity of 19.10%. The firm had revenue of $176.88 million for the quarter, compared to the consensus estimate of $187.85 million. Analysts anticipate that America’s Car-Mart, Inc. will post 7.32 earnings per share for the current year.



A number of equities analysts have recently issued reports on the stock. BidaskClub downgraded shares of America’s Car-Mart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, April 3rd. Zacks Investment Research upgraded shares of America’s Car-Mart from a “hold” rating to a “buy” rating and set a $98.00 price objective on the stock in a research note on Friday, May 24th. Buckingham Research set a $107.00 price objective on shares of America’s Car-Mart and gave the company a “buy” rating in a research note on Wednesday, May 22nd. ValuEngine upgraded shares of America’s Car-Mart from a “hold” rating to a “buy” rating in a research note on Monday, May 20th. Finally, Janney Montgomery Scott reiterated a “buy” rating and set a $99.00 price objective on shares of America’s Car-Mart in a research note on Monday, April 15th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $97.50.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. WCM Investment Management LLC boosted its stake in shares of America’s Car-Mart by 66.2% during the first quarter. WCM Investment Management LLC now owns 304,215 shares of the company’s stock valued at $27,787,000 after purchasing an additional 121,123 shares in the last quarter. Portolan Capital Management LLC acquired a new stake in America’s Car-Mart in the fourth quarter valued at approximately $16,290,000. Acadian Asset Management LLC boosted its stake in America’s Car-Mart by 8.3% in the first quarter. Acadian Asset Management LLC now owns 93,336 shares of the company’s stock valued at $8,522,000 after acquiring an additional 7,139 shares in the last quarter. Bank of Montreal Can boosted its stake in America’s Car-Mart by 1.4% in the first quarter. Bank of Montreal Can now owns 92,659 shares of the company’s stock valued at $8,463,000 after acquiring an additional 1,312 shares in the last quarter. Finally, Intrinsic Edge Capital Management LLC boosted its stake in America’s Car-Mart by 7.7% in the fourth quarter. Intrinsic Edge Capital Management LLC now owns 70,199 shares of the company’s stock valued at $5,086,000 after acquiring an additional 5,000 shares in the last quarter. Hedge funds and other institutional investors own 75.25% of the company’s stock.

America’s Car-Mart Company Profile

America's Car-Mart, Inc, through its subsidiaries, operates as an automotive retailer in the United States. The company primarily sells older model used vehicles and provides financing for its customers. As of February 26, 2019, it operated 144 dealerships. America's Car-Mart, Inc was founded in 1981 and is based in Bentonville, Arkansas.

Recommended Story: Conference Calls and Individual Investors

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

Receive News & Ratings for America's Car-Mart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for America's Car-Mart and related companies with MarketBeat.com's FREE daily email newsletter.