America’s Car-Mart, Inc. (NASDAQ:CRMT) Holdings Trimmed by Jane Street Group LLC

Jane Street Group LLC cut its holdings in America’s Car-Mart, Inc. (NASDAQ:CRMT) by 63.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,688 shares of the company’s stock after selling 33,020 shares during the quarter. Jane Street Group LLC’s holdings in America’s Car-Mart were worth $783,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Point72 DIFC Ltd bought a new stake in shares of America’s Car-Mart in the 3rd quarter worth approximately $40,000. Point72 Asset Management L.P. grew its position in 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 bought a new position in shares of America’s Car-Mart in the third quarter valued at $113,000. Hsbc Holdings PLC acquired a new stake in shares of America’s Car-Mart during the 2nd quarter valued at $221,000. Finally, Foster & Motley Inc. boosted its stake in shares of America’s Car-Mart by 20.3% during the 2nd quarter. Foster & Motley Inc. now owns 6,525 shares of the company’s stock worth $393,000 after acquiring an additional 1,100 shares in the last quarter. 89.10% of the stock is owned by institutional investors and hedge funds.

America’s Car-Mart Price Performance

Shares of CRMT opened at $49.81 on Friday. The company has a 50-day moving average of $47.32 and a two-hundred day moving average of $52.41. The stock has a market cap of $411.08 million, a price-to-earnings ratio of -60.74, a PEG ratio of 3.13 and a beta of 1.68. America’s Car-Mart, Inc. has a one year low of $37.98 and a one year high of $74.10.

Analysts Set New Price Targets

Separately, Stephens raised America’s Car-Mart from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd.

About America’s Car-Mart

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.