America’s Car-Mart, Inc. (NASDAQ:CRMT) Shares Sold by Barclays PLC

Barclays PLC reduced its holdings in shares of America’s Car-Mart, Inc. (NASDAQ:CRMT) by 71.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,060 shares of the company’s stock after selling 25,030 shares during the quarter. Barclays PLC owned approximately 0.12% of America’s Car-Mart worth $421,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Point72 DIFC Ltd acquired a new position in America’s Car-Mart in the third quarter valued at approximately $40,000. Point72 Asset Management L.P. grew its position in shares of 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. Sentry Investment Management LLC acquired a new stake in America’s Car-Mart during the 3rd quarter worth $113,000. Hsbc Holdings PLC purchased a new stake in America’s Car-Mart in the second quarter valued at $221,000. Finally, Quest Partners LLC boosted its stake in America’s Car-Mart by 3,215.7% in the third quarter. Quest Partners LLC now owns 6,565 shares of the company’s stock valued at $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.

Analyst Ratings Changes

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 Performance

Shares of CRMT opened at $46.23 on Friday. America’s Car-Mart, Inc. has a fifty-two week low of $37.98 and a fifty-two week high of $74.10. The firm has a 50-day simple moving average of $48.66 and a 200-day simple moving average of $51.33. The company has a market capitalization of $381.40 million, a price-to-earnings ratio of -56.38, a price-to-earnings-growth ratio of 2.53 and a beta of 1.64.

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.