Americas Carmart Inc (CRMT): John David Simmons , director of Americas Carmart Inc sold 3,750 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were sold at $24.20 per share for a total value of $90,750.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 26, 2016, Gremp Jim Von (director) purchased 2,000 shares at $21.33 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.
Shares of America's Car-Mart (CRMT) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.17 points or -0.71% at $23.8 with 65,363 shares getting traded. Post opening the session at $23.75, the shares hit an intraday low of $23.25 and an intraday high of $24.05 and the price vacillated in this range throughout the day. The company has a market cap of $194 M and the number of outstanding shares has been calculated to be 81,41,384 shares. The 52-week high of America's Car-Mart is $56.59 and the 52-week low is $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.