America's Car-Mart, Inc. (NASDAQ:CRMT) Shares Sold by Jane Street Group LLC

Jane Street Group LLC cut its stake in shares of America's Car-Mart, Inc. (NASDAQ:CRMT - Free Report) by 63.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 18,688 shares of the company's stock after selling 33,020 shares during the period. Jane Street Group LLC owned approximately 0.29% of America's Car-Mart worth $783,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Point72 DIFC Ltd acquired a new stake in America's Car-Mart during the 3rd quarter valued at approximately $40,000. Point72 Asset Management L.P. increased its stake in shares of America's Car-Mart by 290.9% in the third quarter. Point72 Asset Management L.P. now owns 1,900 shares of the company's stock worth $80,000 after buying an additional 1,414 shares during the last quarter. Sentry Investment Management LLC acquired a new stake in America's Car-Mart in the third quarter valued at $113,000. Hsbc Holdings PLC bought a new position in America's Car-Mart during the 2nd quarter valued at $221,000. Finally, Quest Partners LLC grew its holdings in America's Car-Mart by 3,215.7% during the 3rd quarter. Quest Partners LLC now owns 6,565 shares of the company's stock worth $275,000 after acquiring an additional 6,367 shares in the last quarter. Hedge funds and other institutional investors own 89.10% of the company's stock.

Wall Street Analysts Forecast Growth

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

America's Car-Mart Stock Down 1.2 %

NASDAQ CRMT traded down $0.59 during trading hours on Friday, hitting $49.22. The company had a trading volume of 74,203 shares, compared to its average volume of 76,451. The firm has a market cap of $406.21 million, a P/E ratio of -60.02, a price-to-earnings-growth ratio of 3.13 and a beta of 1.68. America's Car-Mart, Inc. has a fifty-two week low of $37.98 and a fifty-two week high of $74.10. The business has a fifty day simple moving average of $47.52 and a 200-day simple moving average of $52.32.

America's Car-Mart 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.