Darrell E. Whitaker Sells 2,500 Shares of World Acceptance Co. (NASDAQ:WRLD) Stock

World Acceptance Co. (NASDAQ:WRLD - Get Free Report) Director Darrell E. Whitaker sold 2,500 shares of the business's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $155.73, for a total value of $389,325.00. Following the completion of the transaction, the director now owns 5,074 shares in the company, valued at $790,174.02. This trade represents a 33.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

World Acceptance Stock Down 0.4%

WRLD traded down $0.60 on Wednesday, hitting $156.68. 43,421 shares of the company were exchanged, compared to its average volume of 29,277. World Acceptance Co. has a 12 month low of $101.85 and a 12 month high of $161.63. The company has a market cap of $831.50 million, a PE ratio of 10.94 and a beta of 1.35. The company has a debt-to-equity ratio of 1.31, a quick ratio of 22.46 and a current ratio of 22.46. The stock's fifty day moving average is $134.84 and its 200-day moving average is $128.83.

World Acceptance (NASDAQ:WRLD - Get Free Report) last posted its earnings results on Tuesday, April 29th. The credit services provider reported $8.13 EPS for the quarter, beating the consensus estimate of $6.42 by $1.71. World Acceptance had a return on equity of 19.03% and a net margin of 14.41%. The company had revenue of $165.27 million for the quarter, compared to the consensus estimate of $154.52 million. Equities research analysts predict that World Acceptance Co. will post 14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut World Acceptance from a "strong-buy" rating to a "buy" rating in a report on Tuesday.

Institutional Trading of World Acceptance

Institutional investors and hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of World Acceptance by 4.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,966 shares of the credit services provider's stock worth $221,000 after buying an additional 76 shares in the last quarter. PDT Partners LLC lifted its stake in World Acceptance by 1.6% in the first quarter. PDT Partners LLC now owns 4,894 shares of the credit services provider's stock worth $619,000 after purchasing an additional 78 shares during the last quarter. Comerica Bank lifted its stake in World Acceptance by 3.8% in the fourth quarter. Comerica Bank now owns 2,513 shares of the credit services provider's stock worth $283,000 after purchasing an additional 93 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of World Acceptance by 72.1% during the first quarter. Versant Capital Management Inc now owns 265 shares of the credit services provider's stock valued at $34,000 after acquiring an additional 111 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of World Acceptance by 1.1% during the fourth quarter. Principal Financial Group Inc. now owns 15,776 shares of the credit services provider's stock valued at $1,774,000 after acquiring an additional 176 shares during the last quarter. 83.63% of the stock is currently owned by institutional investors and hedge funds.

World Acceptance Company Profile

World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.