8,458 Shares in America's Car-Mart, Inc. (NASDAQ:CRMT) Bought by Centiva Capital LP

Centiva Capital LP bought a new stake in shares of America's Car-Mart, Inc. (NASDAQ:CRMT - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 8,458 shares of the company's stock, valued at approximately $433,000. Centiva Capital LP owned 0.10% of America's Car-Mart as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. R Squared Ltd acquired a new stake in shares of America's Car-Mart during the fourth quarter worth $28,000. Quantbot Technologies LP bought a new position in shares of America's Car-Mart during the fourth quarter valued at about $117,000. Aquatic Capital Management LLC boosted its holdings in America's Car-Mart by 249.4% during the fourth quarter. Aquatic Capital Management LLC now owns 2,795 shares of the company's stock worth $143,000 after purchasing an additional 1,995 shares during the last quarter. Corebridge Financial Inc. lifted its position in shares of America's Car-Mart by 17.8% during the 4th quarter. Corebridge Financial Inc. now owns 3,564 shares of the company's stock worth $183,000 after buying an additional 539 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in America's Car-Mart in the fourth quarter worth $216,000. Institutional investors and hedge funds own 89.10% of the company's stock.

America's Car-Mart Stock Performance

CRMT stock traded down $0.50 during trading on Wednesday, hitting $52.25. 46,929 shares of the company traded hands, compared to its average volume of 98,573. The company has a 50-day moving average of $47.12 and a 200-day moving average of $47.18. The firm has a market capitalization of $431.69 million, a PE ratio of -63.72, a P/E/G ratio of 1.41 and a beta of 1.38. America's Car-Mart, Inc. has a 1 year low of $36.40 and a 1 year high of $72.26.

America's Car-Mart (NASDAQ:CRMT - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.38. The firm had revenue of $325.73 million during the quarter, compared to analysts' expectations of $282.83 million. America's Car-Mart had a negative net margin of 0.29% and a negative return on equity of 2.26%. Sell-side analysts expect that America's Car-Mart, Inc. will post 0.86 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of America's Car-Mart from a "hold" rating to a "buy" rating in a research report on Friday, May 2nd.

Insiders Place Their Bets

In related news, Director Jonathan Z. Buba acquired 75,000 shares of the firm's stock in a transaction dated Monday, March 10th. The shares were purchased at an average price of $43.80 per share, with a total value of $3,285,000.00. Following the completion of the purchase, the director now directly owns 619,686 shares of the company's stock, valued at $27,142,246.80. This represents a 13.77% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 19.60% of the company's stock.

About America's Car-Mart

America's Car-Mart, Inc, through its subsidiaries, operates as an automotive retailer for the used car market 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.