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In a recent transaction reported to the Securities and Exchange Commission, Joshua G. Welch, a director at America’s Car-Mart Inc. (NASDAQ:CRMT), acquired shares worth approximately $509,165. The purchases occurred on March 10, 2025, involving a total of 12,000 shares of common stock. The shares were bought at prices ranging from $41.613 to $42.466 per share. The stock, currently trading at $44.99, has shown strong momentum with a 17.28% gain over the past week, according to InvestingPro data.
Following these transactions, Welch holds 149,305 shares in the company. The acquisitions were made indirectly through Vicuna Capital I, LP, where Welch is the managing member of the general partner. With a market capitalization of $370.54 million and an overall Financial Health score of "FAIR" from InvestingPro, America’s Car-Mart presents an interesting case for investors. For deeper insights, including 12 additional ProTips and comprehensive analysis, check out the full Pro Research Report available on InvestingPro.
In other recent news, America’s Car-Mart reported a strong financial performance for Q1 2025, significantly exceeding market expectations. The company announced an earnings per share (EPS) of $0.37, surpassing the forecasted $0.11 by $0.26. America’s Car-Mart also achieved an 8.7% increase in total revenue year-over-year, reaching $325.7 million. The company reported improvements in its gross margin, which rose to 35.7%, and noted a 13.2% increase in sales volumes, aided by strategic promotions.
Additionally, America’s Car-Mart completed an extension and upsizing of its ABL facility to $350 million, maturing in March 2027, and a $200 million ABS transaction, strengthening its capital position. These financial developments reflect the company’s strategic focus on improving deal structures and underwriting standards. Despite persistent inflationary pressures and elevated interest rates, America’s Car-Mart remains optimistic about leveraging its new capital structure and investing in technology. The company continues to focus on serving customers in financial hardship, positioning itself uniquely within the subprime auto lending market.
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