Eddie Hight, chief operating officer for America’s Car-Mart Inc., sold 4,000 shares of Car-Mart stock over the past week, according to insider trade filings made with the Securities and Exchange Commission.
The sales proceeds totaled more than $187,000 for an average of $46.75 per share. Transactions were conducted over two separate days -- March 28 and April 3.
The liquidation equated to roughly 5.9% of Hight’s holdings in Car-Mart shares, according to the filings. Hight still owns more than 64,000 shares of company stock valued at roughly $2.99 million.
Shares of America’s Car-Mart (CRMT: NASDAQ) closed at $46.53 on Thursday (April 4). For the past 52 shares have ranged in price from $35.81 to $50.59.
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