Barclays PLC Has $421,000 Stake in America's Car-Mart, Inc. (NASDAQ:CRMT)

Barclays PLC reduced its stake in shares of America's Car-Mart, Inc. (NASDAQ:CRMT - Free Report) by 71.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,060 shares of the company's stock after selling 25,030 shares during the period. Barclays PLC owned 0.12% of America's Car-Mart worth $421,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Rhumbline Advisers raised its holdings in America's Car-Mart by 4.0% in the 2nd quarter. Rhumbline Advisers now owns 10,006 shares of the company's stock worth $602,000 after acquiring an additional 381 shares during the period. American Century Companies Inc. lifted its position in shares of America's Car-Mart by 12.1% during the 2nd quarter. American Century Companies Inc. now owns 8,371 shares of the company's stock worth $504,000 after purchasing an additional 905 shares during the last quarter. Hsbc Holdings PLC bought a new stake in America's Car-Mart during the 2nd quarter valued at approximately $221,000. HITE Hedge Asset Management LLC acquired a new stake in America's Car-Mart in the 2nd quarter valued at approximately $1,449,000. Finally, Deerfield Management Company L.P. Series C increased its position in America's Car-Mart by 459.9% in the 2nd quarter. Deerfield Management Company L.P. Series C now owns 22,267 shares of the company's stock worth $1,341,000 after buying an additional 18,290 shares during the period. Institutional investors own 89.10% of the company's stock.

Analysts Set New Price Targets

Separately, Stephens raised America's Car-Mart from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 2nd.

America's Car-Mart Stock Up 1.6 %

Shares of NASDAQ CRMT traded up $0.73 during mid-day trading on Friday, hitting $46.23. The company had a trading volume of 118,438 shares, compared to its average volume of 97,484. America's Car-Mart, Inc. has a 12 month low of $37.98 and a 12 month high of $74.10. The business's 50-day simple moving average is $48.66 and its 200-day simple moving average is $51.33.

America's Car-Mart Company Profile

America's Car-Mart, Inc, through its subsidiaries, operates as an automotive retailer for the used car market in the United States. It primarily sells older model used vehicles and provides financing for its customers. The company was founded in 1981 and is headquartered in Rogers, Arkansas.