Insider Selling: World Acceptance Co. (NASDAQ:WRLD) SVP Sells 6,000 Shares of Stock

Last updated on Monday, July 26, 2021 | 2021 MarketBeat

World Acceptance Co. (NASDAQ:WRLD) SVP Scott Mcintyre sold 6,000 shares of the stock in a transaction dated Thursday, July 22nd. The shares were sold at an average price of $182.00, for a total transaction of $1,092,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

World Acceptance stock traded up $7.42 during midday trading on Monday, hitting $188.31. 454 shares of the company's stock were exchanged, compared to its average volume of 45,674. The firm has a market capitalization of $1.27 billion, a P/E ratio of 13.84 and a beta of 1.59. The company has a debt-to-equity ratio of 1.15, a quick ratio of 14.24 and a current ratio of 13.37. The stock's 50-day moving average price is $162.09. World Acceptance Co. has a 52-week low of $65.56 and a 52-week high of $190.47.

World Acceptance (NASDAQ:WRLD) last issued its quarterly earnings data on Tuesday, July 20th. The credit services provider reported $2.44 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.01 by $0.43. World Acceptance had a return on equity of 23.05% and a net margin of 16.67%. As a group, research analysts expect that World Acceptance Co. will post 8.18 earnings per share for the current year.

Several large investors have recently modified their holdings of the company. Vantage Consulting Group Inc purchased a new stake in shares of World Acceptance during the 4th quarter valued at $25,000. Acadian Asset Management LLC purchased a new position in World Acceptance in the first quarter worth $31,000. Eaton Vance Management bought a new position in World Acceptance in the first quarter valued at $38,000. Wagner Wealth Management LLC purchased a new stake in World Acceptance during the first quarter valued at about $39,000. Finally, KBC Group NV bought a new stake in World Acceptance during the first quarter worth about $75,000. 84.13% of the stock is currently owned by hedge funds and other institutional investors.

WRLD has been the topic of several research reports. Stephens raised shares of World Acceptance from an "underweight" rating to an "equal weight" rating and boosted their price target for the company from $112.00 to $140.00 in a research report on Thursday. Jefferies Financial Group reiterated a "sell" rating and set a $57.00 price objective on shares of World Acceptance in a research note on Tuesday, April 13th. Finally, Zacks Investment Research lowered shares of World Acceptance from a "hold" rating to a "sell" rating in a report on Friday, July 9th.

World Acceptance Company Profile

World Acceptance Corporation, together with its subsidiaries, engages in small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides automobile club memberships to its borrowers; and income tax return preparation and electronic filing services.

Further Reading: Operating Income

Insider Buying and Selling by Quarter for World Acceptance (NASDAQ:WRLD)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in World Acceptance right now?

Before you consider World Acceptance, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and World Acceptance wasn't on the list.

While World Acceptance currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

 


MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.