America’s Car-Mart, Inc. (NASDAQ:CRMT) Shares Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. grew its position in America’s Car-Mart, Inc. (NASDAQ:CRMT) by 163.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 55,435 shares of the company’s stock after purchasing an additional 34,364 shares during the period. Landscape Capital Management L.L.C. owned approximately 0.83% of America’s Car-Mart worth $4,772,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in CRMT. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in America’s Car-Mart in the 1st quarter worth $32,000. PNC Financial Services Group Inc. increased its stake in America’s Car-Mart by 1,181.8% in the first quarter. PNC Financial Services Group Inc. now owns 423 shares of the company’s stock valued at $39,000 after purchasing an additional 390 shares in the last quarter. New York State Teachers Retirement System bought a new stake in America’s Car-Mart in the second quarter valued at approximately $43,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in America’s Car-Mart by 47.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 523 shares of the company’s stock valued at $45,000 after purchasing an additional 169 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new stake in America’s Car-Mart in the second quarter valued at approximately $56,000. 73.11% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ:CRMT traded up $0.39 during midday trading on Thursday, hitting $89.24. The company had a trading volume of 8,970 shares, compared to its average volume of 93,282. America’s Car-Mart, Inc. has a twelve month low of $63.60 and a twelve month high of $104.05. The stock has a market capitalization of $593.52 million, a PE ratio of 13.69, a price-to-earnings-growth ratio of 1.75 and a beta of 0.92. The firm’s 50-day moving average is $87.31.

America’s Car-Mart (NASDAQ:CRMT) last posted its quarterly earnings results on Tuesday, May 21st. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.77 by $0.24. America’s Car-Mart had a return on equity of 19.10% and a net margin of 7.12%. The firm had revenue of $176.88 million during the quarter, compared to analysts’ expectations of $187.85 million. On average, equities research analysts anticipate that America’s Car-Mart, Inc. will post 7.25 earnings per share for the current year.

A number of research firms have recently weighed in on CRMT. BidaskClub raised America’s Car-Mart from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. ValuEngine upgraded America’s Car-Mart from a “sell” rating to a “hold” rating in a research report on Saturday, August 10th. Buckingham Research set a $107.00 price target on America’s Car-Mart and gave the stock a “buy” rating in a research report on Wednesday, May 22nd. Finally, Zacks Investment Research downgraded America’s Car-Mart from a “buy” rating to a “hold” rating in a research report on Thursday, June 6th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. America’s Car-Mart has a consensus rating of “Hold” and a consensus price target of $97.50.

In other America’s Car-Mart news, Director William H. Henderson sold 4,000 shares of the firm’s stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $86.08, for a total transaction of $344,320.00. Following the completion of the sale, the director now owns 122,830 shares of the company’s stock, valued at $10,573,206.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director William H. Henderson sold 1,500 shares of the firm’s stock in a transaction on Monday, July 1st. The stock was sold at an average price of $86.11, for a total value of $129,165.00. Following the sale, the director now directly owns 112,515 shares of the company’s stock, valued at approximately $9,688,666.65. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,500 shares of company stock valued at $1,078,285. Insiders own 10.00% of the company’s stock.

About America’s Car-Mart

America's Car-Mart, Inc, through its subsidiaries, operates as an automotive retailer in the United States. The company primarily sells older model used vehicles and provides financing for its customers. As of February 26, 2019, it operated 144 dealerships. America's Car-Mart, Inc was founded in 1981 and is based in Bentonville, Arkansas.

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Institutional Ownership by Quarter for America`s Car-Mart (NASDAQ:CRMT)

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