Values First Advisors Inc. Increases Position in America’s Car-Mart, Inc. (NASDAQ:CRMT)

Values First Advisors Inc. boosted its holdings in shares of America’s Car-Mart, Inc. (NASDAQ:CRMT) by 7.0% in the 4th quarter, Holdings Channel reports. The fund owned 6,165 shares of the company’s stock after acquiring an additional 404 shares during the quarter. Values First Advisors Inc.’s holdings in America’s Car-Mart were worth $467,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CRMT. US Bancorp DE grew its stake in America’s Car-Mart by 121.1% during the 1st quarter. US Bancorp DE now owns 3,798 shares of the company’s stock valued at $306,000 after acquiring an additional 2,080 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in America’s Car-Mart during the 1st quarter valued at about $273,000. MetLife Investment Management LLC grew its stake in America’s Car-Mart by 59.3% during the 1st quarter. MetLife Investment Management LLC now owns 3,322 shares of the company’s stock valued at $268,000 after acquiring an additional 1,236 shares in the last quarter. Rhumbline Advisers grew its stake in America’s Car-Mart by 2.3% during the 1st quarter. Rhumbline Advisers now owns 16,198 shares of the company’s stock valued at $1,305,000 after acquiring an additional 359 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in America’s Car-Mart by 13.6% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,219 shares of the company’s stock valued at $420,000 after acquiring an additional 624 shares in the last quarter. Hedge funds and other institutional investors own 89.10% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on CRMT shares. StockNews.com cut shares of America’s Car-Mart from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. TheStreet lowered shares of America’s Car-Mart from a “c” rating to a “d+” rating in a report on Tuesday, December 5th. Finally, Stephens reiterated an “equal weight” rating and issued a $82.00 target price on shares of America’s Car-Mart in a report on Tuesday, February 6th.

Insider Transactions at America’s Car-Mart

In related news, major shareholder Adam K. Peterson acquired 24,001 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The shares were purchased at an average cost of $60.58 per share, for a total transaction of $1,453,980.58. Following the acquisition, the insider now owns 673,200 shares in the company, valued at approximately $40,782,456. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other America’s Car-Mart news, major shareholder Adam K. Peterson bought 18,148 shares of America’s Car-Mart stock in a transaction on Monday, February 5th. The shares were bought at an average cost of $59.71 per share, for a total transaction of $1,083,617.08. Following the acquisition, the insider now directly owns 649,199 shares in the company, valued at $38,763,672.29. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Adam K. Peterson bought 24,001 shares of America’s Car-Mart stock in a transaction on Wednesday, February 7th. The shares were acquired at an average price of $60.58 per share, for a total transaction of $1,453,980.58. Following the completion of the acquisition, the insider now owns 673,200 shares in the company, valued at $40,782,456. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 57,794 shares of company stock worth $3,491,227. 14.10% of the stock is currently owned by insiders.

America’s Car-Mart Stock Up 1.5 %

NASDAQ:CRMT traded up $0.97 on Thursday, hitting $63.87. The stock had a trading volume of 56,364 shares, compared to its average volume of 126,242. The stock has a market cap of $408.13 million, a price-to-earnings ratio of -13.62 and a beta of 1.69. The company has a fifty day moving average price of $63.56 and a two-hundred day moving average price of $71.82. America’s Car-Mart, Inc. has a 1-year low of $57.61 and a 1-year high of $127.96.

America’s Car-Mart (NASDAQ:CRMT) last issued its quarterly earnings data on Friday, March 8th. The company reported ($1.34) EPS for the quarter, missing the consensus estimate of ($1.10) by ($0.24). America’s Car-Mart had a negative return on equity of 6.10% and a negative net margin of 2.10%. The company had revenue of $299.60 million during the quarter, compared to analyst estimates of $350.95 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The business’s revenue was down 7.9% compared to the same quarter last year. As a group, analysts anticipate that America’s Car-Mart, Inc. will post -4.64 earnings per share for the current year.

About America’s Car-Mart

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.