Two Sigma Investments LP Sells 11,808 Shares of America's Car-Mart, Inc. (NASDAQ:CRMT)

Two Sigma Investments LP decreased its position in shares of America's Car-Mart, Inc. (NASDAQ:CRMT - Free Report) by 32.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,191 shares of the company's stock after selling 11,808 shares during the period. Two Sigma Investments LP owned about 0.29% of America's Car-Mart worth $1,240,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of America's Car-Mart by 7.7% during the 4th quarter. Vanguard Group Inc. now owns 426,452 shares of the company's stock worth $21,856,000 after acquiring an additional 30,306 shares in the last quarter. WCM Investment Management LLC boosted its position in shares of America's Car-Mart by 39.2% during the 4th quarter. WCM Investment Management LLC now owns 324,091 shares of the company's stock worth $16,577,000 after acquiring an additional 91,256 shares in the last quarter. North Reef Capital Management LP boosted its position in shares of America's Car-Mart by 7.9% during the 4th quarter. North Reef Capital Management LP now owns 227,000 shares of the company's stock worth $11,634,000 after acquiring an additional 16,593 shares in the last quarter. Kize Capital LP acquired a new stake in shares of America's Car-Mart during the 4th quarter worth approximately $11,043,000. Finally, Geode Capital Management LLC boosted its position in shares of America's Car-Mart by 26.5% during the 4th quarter. Geode Capital Management LLC now owns 177,847 shares of the company's stock worth $9,116,000 after acquiring an additional 37,222 shares in the last quarter. Institutional investors and hedge funds own 89.10% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of America's Car-Mart from a "hold" rating to a "buy" rating in a research report on Friday.

Insider Activity

In other America's Car-Mart news, Director Jonathan Z. Buba purchased 75,000 shares of the company's stock in a transaction dated Monday, March 10th. The stock was 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 owns 619,686 shares of the company's stock, valued at approximately $27,142,246.80. The trade was a 13.77% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 19.60% of the company's stock.

America's Car-Mart Trading Up 5.0%

NASDAQ:CRMT traded up $2.58 on Friday, hitting $54.53. The company had a trading volume of 97,826 shares, compared to its average volume of 99,733. The stock has a market capitalization of $450.53 million, a price-to-earnings ratio of -66.50, a PEG ratio of 1.41 and a beta of 1.33. The firm has a 50 day moving average of $48.38 and a two-hundred day moving average of $48.27. America's Car-Mart, Inc. has a 52 week low of $36.40 and a 52 week high of $72.26.

America's Car-Mart (NASDAQ:CRMT - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.38. The business had revenue of $325.73 million during the quarter, compared to the consensus estimate 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%. As a group, equities analysts forecast that America's Car-Mart, Inc. will post 0.86 EPS for the current year.

America's Car-Mart Company Profile

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.