Values First Advisors Inc. Has $467,000 Stock Position in America’s Car-Mart, Inc. (NASDAQ:CRMT)

Values First Advisors Inc. increased its holdings in America’s Car-Mart, Inc. (NASDAQ:CRMT) by 7.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,165 shares of the company’s stock after acquiring an additional 404 shares during the period. Values First Advisors Inc. owned about 0.10% of America’s Car-Mart worth $467,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. US Bancorp DE grew its holdings in America’s Car-Mart by 121.1% during the first quarter. US Bancorp DE now owns 3,798 shares of the company’s stock valued at $306,000 after purchasing an additional 2,080 shares during the period. Acadian Asset Management LLC bought a new position in America’s Car-Mart during the first quarter valued at $273,000. MetLife Investment Management LLC grew its holdings in America’s Car-Mart by 59.3% during the first quarter. MetLife Investment Management LLC now owns 3,322 shares of the company’s stock valued at $268,000 after purchasing an additional 1,236 shares during the period. Rhumbline Advisers grew its holdings in America’s Car-Mart by 2.3% during the first quarter. Rhumbline Advisers now owns 16,198 shares of the company’s stock valued at $1,305,000 after purchasing an additional 359 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in America’s Car-Mart by 13.6% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,219 shares of the company’s stock valued at $420,000 after purchasing an additional 624 shares during the period. 89.10% of the stock is owned by institutional investors.

America’s Car-Mart Stock Up 1.5 %

Shares of CRMT stock traded up $0.97 on Thursday, reaching $63.87. The company’s stock had a trading volume of 56,364 shares, compared to its average volume of 126,242. The stock’s 50 day simple moving average is $63.56 and its 200-day simple moving average is $71.82. America’s Car-Mart, Inc. has a 12-month low of $57.61 and a 12-month high of $127.96. The company has a market capitalization of $408.13 million, a P/E ratio of -13.62 and a beta of 1.69.

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

Analyst Ratings Changes

CRMT has been the subject of a number of analyst reports. StockNews.com lowered America’s Car-Mart from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. TheStreet lowered 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 price objective on shares of America’s Car-Mart in a research report on Tuesday, February 6th.

Insider Activity

In related news, major shareholder Adam K. Peterson acquired 24,001 shares of America’s Car-Mart stock in a transaction dated Wednesday, February 7th. The shares were purchased at an average cost of $60.58 per share, with a total value of $1,453,980.58. Following the completion of the purchase, the insider now owns 673,200 shares of the company’s stock, valued at $40,782,456. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other America’s Car-Mart news, major shareholder Adam K. Peterson bought 4,145 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The shares were bought at an average cost of $63.13 per share, with a total value of $261,673.85. Following the completion of the purchase, the insider now directly owns 700,450 shares of the company’s stock, valued at $44,219,408.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Adam K. Peterson acquired 24,001 shares of the business’s stock in a transaction on 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 completion of the transaction, the insider now owns 673,200 shares in the company, valued at approximately $40,782,456. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 57,794 shares of company stock valued at $3,491,227. 14.10% of the stock is currently owned by insiders.

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.