Insider Trading Roundup: America’s Car-Mart, Inc. $CRMT

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America’s Car-Mart, Inc. (CRMT) insider have most recently took part in a trading activity. On Jun 20, 2017 Magnolia Capital Fund, Lp, 10% Owner bought 4,323 shares having total worth of $158,870 at the price of $36.75 per share, following the transaction a total of 826,885 shares owned by Magnolia Capital Fund, Lp. Before this latest buy, Magnolia Capital Fund, Lp purchased CRMT at 2 other times during the past twelve months, for a total investment of $15.36M at an average of $35.8 per share.

The stock has experienced a total of 5 insider trades in the past three months. These trades include 3 sell activities and 2 buy trades. Furthermore, over the past 12 months , the stock was traded 24 times by insiders. In 22 of these trades, the insider was a seller while an employee of the company was the buyer in 2 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 3 -9.78%
12 Month 2 22 47.48%

Shares of America’s Car-Mart, Inc. (CRMT) traded up 0.82% on Jun 20, 2017, hitting $36.9. 58,658 shares of the company’s stock traded hands. America’s Car-Mart, Inc. has a 52 week low of $21.5 and a 52 week high of $47.5. The company’s market cap is $280 million.

America’s Car-Mart, Inc. (CRMT) last announced its earnings results on May 22, 2017. The company reported 0.72 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.65 by $0.07. The company had revenue of $153 million for the quarter, compared to the consensus estimate of $155 million. During the same quarter in the previous year, the company posted 0.40 earnings per share. The company’s revenue for the quarter was down 1% on a year-over-year basis.

2017-05-22 2017-02-20 2016-11-17 2016-08-18 2016-05-23 2016-02-18 2015-11-19 2015-08-20 2015-05-21 2015-02-18
earnings per share 0.72 0.35 0.62 0.87 0.40 0.47 0.29 0.52 0.81 0.82
Revenue(M) 152.92 138.78 150.21 145.84 154.75 137.46 133 142.69 137.61 131.5

America’s Car-Mart, Inc. is a Texas corporation initially formed in 1981. The Company is an automotive retailing company in the United States that operates through the ‘Integrated Auto Sales & Finance’ segment of the used car market. It sells older model used vehicles & provides financing for substantially all of its customers. As of April 30, 2013, the Company operated 124 dealerships located primarily in small cities throughout the South-Central United States. The Company competes principally with other independent Integrated Auto Sales and Finance dealers, and to a lesser but increasing degree with the used vehicle retail operations of franchised automobile dealerships, independent used vehicle dealers, and individuals who sell used vehicles in private transactions. The Company’s operations are subject to various federal, state and local laws, ordinances and regulations pertaining to the sale and financing of vehicles.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.