America’s Car-Mart, Inc. (NASDAQ:CRMT) Shares Sold by Albert D Mason Inc.

Albert D Mason Inc. reduced its holdings in shares of America’s Car-Mart, Inc. (NASDAQ:CRMT) by 17.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,539 shares of the company’s stock after selling 1,743 shares during the quarter. Albert D Mason Inc. owned approximately 0.10% of America’s Car-Mart worth $438,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CRMT. Portolan Capital Management LLC acquired a new position in shares of America’s Car-Mart during the 3rd quarter worth approximately $3,197,000. JPMorgan Chase & Co. increased its position in America’s Car-Mart by 351.6% during the third quarter. JPMorgan Chase & Co. now owns 73,601 shares of the company’s stock worth $3,085,000 after buying an additional 57,304 shares in the last quarter. Waterfall Asset Management LLC acquired a new position in shares of America’s Car-Mart in the third quarter worth $1,258,000. HITE Hedge Asset Management LLC purchased a new stake in shares of America’s Car-Mart in the second quarter valued at $1,449,000. Finally, PDT Partners LLC acquired a new stake in shares of America’s Car-Mart during the third quarter valued at $974,000. Institutional investors and hedge funds own 89.10% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Stephens raised shares of 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 Performance

CRMT stock opened at $46.23 on Friday. The company has a 50 day moving average price of $48.66 and a two-hundred day moving average price of $51.39. The stock has a market capitalization of $381.40 million, a P/E ratio of -56.38, a PEG ratio of 2.53 and a beta of 1.64. America’s Car-Mart, Inc. has a one year low of $37.98 and a one year high of $74.10.

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.