Americas Carmart Inc (CRMT): Gremp Jim Von , director of Americas Carmart Inc purchased 3,000 shares on Apr 7, 2016. The Insider buying transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were purchased at $22.95 per share for a total value of $69,160.00.
Company has been under the radar of several Street Analysts.America's Car-Mart is Initiated by Sidoti to Buy and the brokerage firm has set the Price Target at $33. The Rating was issued on Mar 15, 2016.
Currently the company Insiders own 12.9% of America's Car-Mart shares according to the proxy statements.Institutional Investors own 83.67% of America's Car-Mart shares.During last six month period, the net percent change held by insiders has seen a change of -3.52%.
America's Car-Mart: On Monday, Apr 11, 2016 heightened volatility was witnessed in America's Car-Mart which led to swings in the share price. The shares opened for trading at $23.57 and hit $24.68 on the upside , eventually ending the session at $24.31, with a gain of 3.58% or 0.84 points. The heightened volatility saw the trading volume jump to 1,02,505 shares. The 52-week high of the share price is $56.59 and the company has a market cap of $198 M . The 52-week low of the share price is at $20.67.
America’s Car-Mart Inc. is an automotive retailer in the United States focused on the integrated auto sales and finance segment of the used car market. The Company conducts its operations through its two operating subsidiaries America’s Car Mart Inc. an Arkansas corporation (Car-Mart of Arkansas) and Colonial Auto Finance Inc. an Arkansas corporation (Colonial) (Collectively Car-Mart of Arkansas and Colonial are referred to as Car-Mart). The Company primarily sells older model used vehicles and provides financing for all of its customers. As of April 30 2015 the Company operated 141 dealerships located primarily in small cities throughout the South-Central United States. It purchases vehicles primarily from wholesalers new car dealers individuals and auctions. It also sells a number of trucks and sport utility vehicles. It focuses on providing basic transportation to its customers. It does not purchase sports cars or luxury cars.