America's Car-Mart, Inc. (NASDAQ:CRMT) CEO Douglas W. Jr. Campbell Purchases 3,229 Shares

America's Car-Mart, Inc. (NASDAQ:CRMT - Get Free Report) CEO Douglas W. Jr. Campbell purchased 3,229 shares of the company's stock in a transaction that occurred on Monday, April 8th. The stock was acquired at an average cost of $61.62 per share, with a total value of $198,970.98. Following the transaction, the chief executive officer now directly owns 70,841 shares of the company's stock, valued at $4,365,222.42. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

America's Car-Mart Price Performance

Shares of CRMT traded down $4.14 on Wednesday, hitting $59.38. The company's stock had a trading volume of 263,691 shares, compared to its average volume of 124,003. The company has a 50 day moving average price of $63.26 and a 200 day moving average price of $69.94. America's Car-Mart, Inc. has a fifty-two week low of $57.61 and a fifty-two week high of $127.96. The company has a market capitalization of $379.44 million, a PE ratio of -12.58 and a beta of 1.67.

America's Car-Mart (NASDAQ:CRMT - Get Free Report) last released its quarterly earnings results on Friday, March 8th. The company reported ($1.34) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.10) by ($0.24). The business had revenue of $299.60 million during the quarter, compared to the consensus estimate of $350.95 million. America's Car-Mart had a negative net margin of 2.10% and a negative return on equity of 6.10%. The business's quarterly revenue was down 7.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.23 earnings per share. On average, equities analysts forecast that America's Car-Mart, Inc. will post -4.64 EPS for the current year.

Institutional Investors Weigh In On America's Car-Mart

Institutional investors have recently modified their holdings of the business. Teachers Retirement System of The State of Kentucky raised its position in shares of America's Car-Mart by 5.5% during the second quarter. Teachers Retirement System of The State of Kentucky now owns 2,011 shares of the company's stock worth $201,000 after purchasing an additional 104 shares during the period. Captrust Financial Advisors increased its stake in America's Car-Mart by 31.6% during the 1st quarter. Captrust Financial Advisors now owns 695 shares of the company's stock worth $56,000 after purchasing an additional 167 shares in the last quarter. Harbor Capital Advisors Inc. raised its holdings in America's Car-Mart by 5.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 3,431 shares of the company's stock worth $312,000 after buying an additional 191 shares during the period. Swiss National Bank lifted its position in America's Car-Mart by 1.5% in the 3rd quarter. Swiss National Bank now owns 13,300 shares of the company's stock valued at $1,210,000 after acquiring an additional 200 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in America's Car-Mart by 3.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,472 shares of the company's stock worth $746,000 after purchasing an additional 244 shares during the period. Institutional investors and hedge funds own 89.10% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Bank of America lowered their price objective on America's Car-Mart from $55.00 to $50.00 and set an "underperform" rating on the stock in a research note on Wednesday. StockNews.com cut America's Car-Mart from a "hold" rating to a "sell" rating in a research report on Tuesday, December 12th. Finally, Stephens reissued an "equal weight" rating and set a $82.00 price objective on shares of America's Car-Mart in a report on Tuesday, February 6th.

America's Car-Mart Company Profile

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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