Dynamic Technology Lab Private Ltd Makes New $573,000 Investment in America's Car-Mart, Inc. (NASDAQ:CRMT)

Dynamic Technology Lab Private Ltd acquired a new stake in America's Car-Mart, Inc. (NASDAQ:CRMT - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 11,180 shares of the company's stock, valued at approximately $573,000. Dynamic Technology Lab Private Ltd owned approximately 0.14% of America's Car-Mart as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CRMT. R Squared Ltd bought a new position in shares of America's Car-Mart in the 4th quarter valued at $28,000. Point72 DIFC Ltd acquired a new position in shares of America's Car-Mart in the third quarter valued at approximately $40,000. Point72 Asset Management L.P. raised its holdings in America's Car-Mart by 290.9% in the 3rd quarter. Point72 Asset Management L.P. now owns 1,900 shares of the company's stock valued at $80,000 after buying an additional 1,414 shares during the last quarter. Quantbot Technologies LP bought a new position in America's Car-Mart in the 4th quarter valued at approximately $117,000. Finally, Corebridge Financial Inc. boosted its position in America's Car-Mart by 17.8% during the 4th quarter. Corebridge Financial Inc. now owns 3,564 shares of the company's stock worth $183,000 after buying an additional 539 shares during the period. Institutional investors own 89.10% of the company's stock.

America's Car-Mart Stock Down 2.1 %

CRMT traded down $0.98 during trading on Friday, reaching $45.62. 121,058 shares of the stock traded hands, compared to its average volume of 98,897. The stock's 50-day moving average is $46.13 and its 200 day moving average is $46.17. America's Car-Mart, Inc. has a 12 month low of $36.40 and a 12 month high of $72.26. The stock has a market capitalization of $376.91 million, a PE ratio of -55.63, a P/E/G ratio of 1.41 and a beta of 1.40.

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America's Car-Mart (NASDAQ:CRMT - Get Free Report) last released its quarterly earnings data on Thursday, March 6th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.38. America's Car-Mart had a negative net margin of 0.29% and a negative return on equity of 2.26%. The company had revenue of $325.73 million during the quarter, compared to analyst estimates of $282.83 million. As a group, equities research analysts anticipate that America's Car-Mart, Inc. will post 0.86 EPS for the current year.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of America's Car-Mart from a "hold" rating to a "buy" rating in a research note on Tuesday, April 8th.

Insider Activity

In other America's Car-Mart news, Director Jonathan Z. Buba bought 75,000 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were bought at an average price of $43.80 per share, for a total transaction of $3,285,000.00. Following the acquisition, the director now directly owns 619,686 shares of the company's stock, valued at approximately $27,142,246.80. The trade was a 13.77 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 19.60% of the company's stock.

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.