Insider Trader Watch: 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 Aug 28, 2017 Magnolia Capital Fund, Lp, 10% Owner bought 12,560 shares having total worth of $463,338 at the price of $36.89 per share, following the transaction a total of 887,411 shares owned by Magnolia Capital Fund, Lp. Before this latest buy, Magnolia Capital Fund, Lp purchased CRMT at 7 other times during the past twelve months, for a total investment of $34.87M at an average of $36.72 per share.

The stock has experienced a total of 10 insider trades in the past three months. These trades include 4 sell activities and 6 buy trades. Furthermore, over the past 12 months , the stock was traded 28 times by insiders. In 21 of these trades, the insider was a seller while an employee of the company was the buyer in 7 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 6 4 -1.86%
12 Month 7 21 40.14%

America’s Car-Mart, Inc. (CRMT) last announced its earnings results on Aug 17, 2017. The company reported 0.90 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.91 by $0.01. The company had revenue of $146 million for the quarter, compared to the consensus estimate of $150 million. During the same quarter in the previous year, the company posted 0.87 earnings per share. The company‚Äôs revenue for the quarter was up 0% on a year-over-year basis.

2017-08-17 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
earnings per share 0.90 0.72 0.35 0.62 0.87 0.40 0.47 0.29 0.52 0.81
Revenue(M) 146.42 152.92 138.78 150.21 145.84 154.75 137.46 133 142.69 137.61

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.