America’s Car-Mart director Buba Jonathan Z buys $4.38m in stock

In a recent series of transactions, Buba Jonathan Z, a director at America’s Car-Mart Inc. (NASDAQ:CRMT), acquired a substantial amount of the company’s common stock. According to a Form 4 filing with the Securities and Exchange Commission, Jonathan purchased a total of 100,000 shares over two days, totaling approximately $4.38 million. The purchases represent about 1.2% of the company’s $370.54 million market capitalization. InvestingPro data shows the stock has surged 17.28% in the past week, suggesting strong market interest.

The transactions occurred on March 10 and March 11, 2025. On March 10, Jonathan bought 75,000 shares at a price of $43.795 per share. On March 11, he purchased an additional 24,131 shares, with prices ranging from $42.77 to $44.00 per share. The weighted average prices for these transactions were $42.851 and $43.995, respectively.

These shares are held indirectly by Nantahala Capital Management, LLC, where Jonathan is a non-managing member. Following these acquisitions, Jonathan’s total holdings increased to 644,686 shares.

In other recent news, America’s Car-Mart Inc. reported a strong financial performance for Q1 2025, exceeding market expectations with an earnings per share (EPS) of $0.37, which was significantly above the forecasted $0.11. The company also saw an 8.7% increase in total revenue year-over-year, amounting to $325.7 million. Gross margin improved to 35.7%, up from 34.2% the previous year, reflecting operational efficiencies. Sales volumes increased by 13.2%, supported by strategic promotions and enhanced customer relationship management tools. America’s Car-Mart also experienced a 5.1% rise in interest income, totaling $31 million, and a decrease in net charge-offs to 6.1% from 6.8%. Analyst firms have noted the company’s robust performance, with Stephens and Bank of America analysts highlighting the benefits of the improved loan origination system. The company has also completed an extension and upsizing of its ABL facility to $350 million, maturing in March 2027, further solidifying its capital position.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.