Jump Financial LLC Purchases Shares of 14,971 America's Car-Mart, Inc. (NASDAQ:CRMT)

Jump Financial LLC acquired a new position in shares of America's Car-Mart, Inc. (NASDAQ:CRMT - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 14,971 shares of the company's stock, valued at approximately $767,000. Jump Financial LLC owned about 0.18% of America's Car-Mart as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of CRMT. State Street Corp raised its position in America's Car-Mart by 1.0% during the 3rd quarter. State Street Corp now owns 180,055 shares of the company's stock worth $7,548,000 after buying an additional 1,810 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of America's Car-Mart by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 140,625 shares of the company's stock valued at $5,896,000 after purchasing an additional 2,807 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of America's Car-Mart by 351.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 73,601 shares of the company's stock valued at $3,085,000 after purchasing an additional 57,304 shares in the last quarter. Argent Capital Management LLC purchased a new position in shares of America's Car-Mart in the 4th quarter valued at about $315,000. Finally, R Squared Ltd purchased a new position in shares of America's Car-Mart in the 4th quarter valued at about $28,000. Hedge funds and other institutional investors own 89.10% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of America's Car-Mart from a "buy" rating to a "hold" rating in a report on Thursday.

America's Car-Mart Stock Performance

NASDAQ:CRMT traded up $0.12 during mid-day trading on Monday, hitting $49.25. 37,329 shares of the company's stock traded hands, compared to its average volume of 98,687. The firm's 50 day simple moving average is $45.67 and its 200 day simple moving average is $46.66. America's Car-Mart, Inc. has a 1 year low of $36.40 and a 1 year high of $72.26. The company has a market cap of $406.90 million, a PE ratio of -60.06, a price-to-earnings-growth ratio of 1.41 and a beta of 1.40.

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

Insider Buying and Selling at America's Car-Mart

In other news, Director Jonathan Z. Buba purchased 75,000 shares of the stock in a transaction dated Monday, March 10th. The stock was acquired at an average cost of $43.80 per share, for a total transaction of $3,285,000.00. Following the completion of the acquisition, the director now directly owns 619,686 shares in the company, valued at $27,142,246.80. This represents a 13.77 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 19.60% of the stock is currently owned by insiders.

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.