Americas Carmart Inc (CRMT): Gremp Jim Von , director of Americas Carmart Inc purchased 2,000 shares on May 24, 2016. The Insider buying transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were purchased at $21.33 per share for a total value of $42,660.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 11, 2016, Gremp Jim Von (director) purchased 3,000 shares at $22.95 per share price.On Dec 16, 2015, Eddie L Hight (director) sold 500 shares at $25.09 per share price.Also, On Jun 24, 2015, William H Henderson (President and CEO) sold 3,500 shares at $50.91 per share price.On May 26, 2015, John David Simmons (director) sold 2,750 shares at $53.00 per share price.
America's Car-Mart: On Wednesday, May 25, 2016 heightened volatility was witnessed in America's Car-Mart which led to swings in the share price. The shares opened for trading at $21.64 and hit $22.83 on the upside , eventually ending the session at $22.68, with a gain of 4.76% or 1.03 points. The heightened volatility saw the trading volume jump to 1,44,088 shares. The 52-week high of the share price is $56.59 and the company has a market cap of $185 M . The 52-week low of the share price is at $19.485.
Company has been under the radar of several Street Analysts.America's Car-Mart is Downgraded by Sidoti to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 24, 2016.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.
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.