1 day Ago By ABMN Staff
Renaissance Technologies LLC cut its stake in America’s Car-Mart, Inc. ( NASDAQ:CRMT – Free Report ) by 45.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 23,772 shares of the company’s stock after selling 19,900 shares during the period. Renaissance Technologies LLC’s holdings in America’s Car-Mart were worth $1,218,000 at the end of the most recent quarter. Several other large investors also recently modified their holdings of the stock.
Dynamic Technology Lab Private Ltd acquired a new position in America’s Car-Mart in the fourth quarter valued at about $573,000. Wells Fargo & Company MN boosted its holdings in shares of America’s Car-Mart by 63.7% in the 4th quarter.
Wells Fargo & Company MN now owns 4,254 shares of the company’s stock valued at $218,000 after purchasing an additional 1,655 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of America’s Car-Mart by 26.5% in the 4th quarter.
Geode Capital Management LLC now owns 177,847 shares of the company’s stock valued at $9,116,000 after purchasing an additional 37,222 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of America’s Car-Mart by 46.
7% during the 4th quarter. Franklin Resources Inc. now owns 7,709 shares of the company’s stock worth $395,000 after buying an additional 2,455 shares in the last quarter.
Finally, JPMorgan Chase & Co. lifted its position in shares of America’s Car-Mart by 11.6% during the 4th quarter.
JPMorgan Chase & Co. now owns 82,156 shares of the company’s stock worth $4,210,000 after buying an additional 8,555 shares during the last quarter. 89.
10% of the stock is owned by institutional investors and hedge funds. Wall Street Analyst Weigh In Separately, StockNews.com cut America’s Car-Mart from a “buy” rating to a “hold” rating in a research report on Thursday, April 24th.
Insider Transactions at America’s Car-Mart In other America’s Car-Mart news, Director Jonathan Z. Buba acquired 75,000 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was acquired at an average price of $43.
80 per share, for a total transaction of $3,285,000.00. Following 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 ownership of the stock.
The transaction was disclosed in a filing with the SEC, which is available at the SEC website . Company insiders own 19.60% of the company’s stock.
America’s Car-Mart Price Performance Shares of America’s Car-Mart stock opened at $48.63 on Wednesday. The company’s 50 day moving average price is $45.
70 and its two-hundred day moving average price is $46.67. The firm has a market capitalization of $401.
78 million, a P/E ratio of -59.30, a P/E/G ratio of 1.41 and a beta of 1.
40. America’s Car-Mart, Inc. has a fifty-two week low of $36.
40 and a fifty-two week high of $72.26. America’s Car-Mart ( NASDAQ:CRMT – Get Free Report ) last released its quarterly earnings data 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. The company had revenue of $325.73 million for 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%. On average, analysts expect that America’s Car-Mart, Inc. will post 0.
86 earnings per share for the current year. America’s Car-Mart Company Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding CRMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for America’s Car-Mart, Inc.
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