The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Americas Car Mart, Inc shares valued at $3,284,625 were purchased by Buba Jonathan Z on Mar 10 ’25. At $43.80 per share, Buba Jonathan Z acquired 75,000 shares. The insider’s holdings grew to 619,686 shares worth approximately $29.78 million following the completion of this transaction.
Also, Buba Jonathan Z purchased 25,000 shares, netting a total of over 1,098,881 in proceeds. Following the buying of shares at $43.96 each, the insider now holds 644,686 shares.
Before that, WELCH JOSHUA G had added 12,000 shares to its account. In a trade valued at $509,166, the Director bought Americas Car Mart, Inc shares for $42.43 each. Upon closing the transaction, the insider’s holdings increased to 12,000 shares, worth approximately $7.17 million.
As published in their initiating research note from Stephens on November 13, 2024, Americas Car Mart, Inc [CRMT] has been an Equal-weight and the price target has been revised to $50. Analysts at BTIG Research started covering the stock with ‘”a Neutral”‘ outlook in a report released in early June. As of January 02, 2024, Stephens has decreased its “an Overweight” rating to a “an Equal-weight” for CRMT. Earlier on July 17, 2023, Stephens upgraded its rating. Their new recommendation was “an Overweight” for CRMT stock which previously was a “an Equal-weight”.
Analyzing CRMT Stock Performance
During the last five days, there has been a surge of approximately 3.11%. Over the course of the year, Americas Car Mart, Inc shares have dropped approximately -6.24%. Shares of the company reached a 52-week high of $52.40 on 02/14/25 and a 52-week low of $36.40 on 03/04/25. A 50-day SMA is recorded $46.07, while a 200-day SMA reached $49.86.
Support And Resistance Levels for Americas Car Mart, Inc (CRMT)
According to the 24-hour chart, there is a support level at 46.85, which, if violated, would cause prices to drop to 45.65. In the upper region, resistance lies at 48.70. The next price resistance is at 49.35. RSI (Relative Strength Index) is 56.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.38, which suggests the price will increase in the coming days. Percent R is at 9.92%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
