8,466 Shares in America's Car-Mart, Inc. (NASDAQ:CRMT) Acquired by XTX Topco Ltd

XTX Topco Ltd acquired a new stake 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 Securities and Exchange Commission. The firm acquired 8,466 shares of the company's stock, valued at approximately $434,000. XTX Topco Ltd owned approximately 0.10% of America's Car-Mart as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of CRMT. WCM Investment Management LLC raised its stake in shares of America's Car-Mart by 39.2% in the 4th quarter. WCM Investment Management LLC now owns 324,091 shares of the company's stock valued at $16,577,000 after purchasing an additional 91,256 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in America's Car-Mart by 351.6% in the third quarter. JPMorgan Chase & Co. now owns 73,601 shares of the company's stock valued at $3,085,000 after buying an additional 57,304 shares during the last quarter. Geode Capital Management LLC raised its stake in America's Car-Mart by 26.5% during the fourth quarter. Geode Capital Management LLC now owns 177,847 shares of the company's stock valued at $9,116,000 after buying an additional 37,222 shares in the last quarter. Vanguard Group Inc. lifted its holdings in 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 buying an additional 30,306 shares during the last quarter. Finally, Barclays PLC grew its position in shares of America's Car-Mart by 114.0% in the 4th quarter. Barclays PLC now owns 21,530 shares of the company's stock worth $1,104,000 after acquiring an additional 11,470 shares in the last quarter. 89.10% of the stock is currently owned by hedge funds and other institutional investors.

America's Car-Mart Trading Down 1.0 %

NASDAQ CRMT traded down $0.49 during trading hours on Friday, reaching $49.13. The company's stock had a trading volume of 48,534 shares, compared to its average volume of 98,933. The stock has a market cap of $405.91 million, a PE ratio of -59.91, a PEG ratio of 1.41 and a beta of 1.40. The business has a 50-day simple moving average of $45.67 and a 200 day simple moving average of $46.61. 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, topping analysts' consensus estimates of ($0.01) by $0.38. The firm 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 return on equity of 2.26% and a negative net margin of 0.29%. As a group, equities analysts predict that America's Car-Mart, Inc. will post 0.86 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com cut America's Car-Mart from a "buy" rating to a "hold" rating in a research note on Thursday.

Insider Buying and Selling

In other news, Director Jonathan Z. Buba bought 75,000 shares of America's Car-Mart stock in a transaction on Monday, March 10th. The stock was purchased at an average cost of $43.80 per share, with a total value of $3,285,000.00. Following the purchase, the director now directly owns 619,686 shares of the company's stock, valued at approximately $27,142,246.80. This trade represents a 13.77 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 19.60% of the company's stock.

America's Car-Mart 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.