Kize Capital LP Invests $11.04 Million in America's Car-Mart, Inc. (NASDAQ:CRMT)

Kize Capital LP acquired a new position in shares of America's Car-Mart, Inc. (NASDAQ:CRMT - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 215,472 shares of the company's stock, valued at approximately $11,043,000. America's Car-Mart makes up approximately 9.9% of Kize Capital LP's holdings, making the stock its 5th biggest position. Kize Capital LP owned 2.61% of America's Car-Mart as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp grew its holdings in shares of America's Car-Mart by 1.0% in the 3rd quarter. State Street Corp now owns 180,055 shares of the company's stock valued at $7,548,000 after acquiring an additional 1,810 shares in the last quarter. Geode Capital Management LLC grew its stake in America's Car-Mart by 2.0% in the third quarter. Geode Capital Management LLC now owns 140,625 shares of the company's stock valued at $5,896,000 after purchasing an additional 2,807 shares in the last quarter. JPMorgan Chase & Co. grew its stake in America's Car-Mart by 351.6% in the third quarter. JPMorgan Chase & Co. now owns 73,601 shares of the company's stock valued at $3,085,000 after purchasing an additional 57,304 shares in the last quarter. Argent Capital Management LLC acquired a new position in shares of America's Car-Mart during the 4th quarter worth approximately $315,000. Finally, R Squared Ltd bought a new stake in shares of America's Car-Mart during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 89.10% of the company's stock.

Insider Activity

In related news, Director Jonathan Z. Buba purchased 75,000 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were acquired at an average price of $43.80 per share, for a total transaction of $3,285,000.00. Following the purchase, the director now owns 619,686 shares in the company, valued at approximately $27,142,246.80. This represents a 13.77 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 19.60% of the company's stock.

America's Car-Mart Trading Up 2.4 %

NASDAQ:CRMT traded up $1.11 on Friday, hitting $48.05. The company's stock had a trading volume of 57,153 shares, compared to its average volume of 98,881. America's Car-Mart, Inc. has a one year low of $36.40 and a one year high of $72.26. The firm has a market capitalization of $396.99 million, a P/E ratio of -58.60, a price-to-earnings-growth ratio of 1.41 and a beta of 1.40. The stock has a fifty day moving average of $45.87 and a two-hundred day moving average of $46.33.

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

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of America's Car-Mart from a "hold" rating to a "buy" rating in a report on Wednesday.

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.