Regional Management (NYSE:RM) Major Shareholder Fund L.P. Forager Sells 12,827 Shares

Key Points

• Forager Fund L.P. sold a total of about 37,827 shares of Regional Management across April 14–16 for roughly $1.44 million, reducing its position by 1.29% to 981,436 shares but remaining a >10% holder.
• Company insiders also trimmed stakes: EVP Brian J. Fisher sold ~8,457 shares (~$322k) and EVP Harpreet Rana sold ~17,987 shares (~$685k), including a tranche that cut her holding by ~32%, moves that may weigh on investor sentiment.
• Regional Management is trading around $38.51 with a market cap of ~$359 million, a P/E of 8.65, a recent quarterly dividend of $0.30 (3.1% yield), and reported an EPS beat of $1.30 vs. $1.23 consensus last quarter.

Regional Management Corp. (NYSE:RM - Get Free Report) major shareholder Fund L.P. Forager sold 12,827 shares of Regional Management stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $38.48, for a total transaction of $493,582.96. Following the completion of the sale, the insider owned 981,436 shares in the company, valued at approximately $37,765,657.28. This trade represents a 1.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.

Fund L.P. Forager also recently made the following trade(s):

• On Wednesday, April 15th, Fund L.P. Forager sold 17,602 shares of Regional Management stock. The stock was sold at an average price of $38.06, for a total transaction of $669,932.12.
• On Tuesday, April 14th, Fund L.P. Forager sold 7,398 shares of Regional Management stock. The shares were sold at an average price of $38.02, for a total transaction of $281,271.96.

Regional Management Price Performance

RM stock traded up $0.29 during trading on Thursday, hitting $38.51. The stock had a trading volume of 58,993 shares, compared to its average volume of 59,522. The company has a debt-to-equity ratio of 4.40, a current ratio of 49.92 and a quick ratio of 49.92. Regional Management Corp. has a twelve month low of $26.06 and a twelve month high of $46.00. The stock has a market capitalization of $359.26 million, a P/E ratio of 8.65 and a beta of 1.03. The company's 50-day moving average price is $33.44 and its two-hundred day moving average price is $36.76.

Regional Management (NYSE:RM - Get Free Report) last announced its earnings results on Wednesday, February 4th. The credit services provider reported $1.30 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $0.07. The business had revenue of ($165.49) million during the quarter, compared to analysts' expectations of $167.90 million. Regional Management had a return on equity of 12.12% and a net margin of 6.88%. As a group, research analysts predict that Regional Management Corp. will post 4.7 EPS for the current fiscal year.

Regional Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Thursday, February 19th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, February 19th. Regional Management's dividend payout ratio is currently 26.97%.

Key Stories Impacting Regional Management

Here are the key news stories impacting Regional Management this week:

• Neutral Sentiment: Forager Fund L.P., a major shareholder, sold multiple tranches of RM across April 14–16 totaling ~37,800 shares (~$1.44M) while remaining a >10% holder; the sales reduced its stake modestly but left it materially invested. Read More.
• Negative Sentiment: EVP Brian J. Fisher sold ~8,457 shares across April 14–15 (≈$322k), representing a double-digit percentage reduction in his holdings — a signal some investors interpret negatively for near-term insider conviction. Read More.
• Negative Sentiment: EVP Harpreet Rana sold ~17,987 shares across April 14–15 (≈$685k), with one tranche showing a ~32% reduction in her stake — another meaningful insider sale that may pressure sentiment. Read More.

Analysts Set New Price Targets

Several equities research analysts have issued reports on RM shares. Wall Street Zen cut shares of Regional Management from a "strong-buy" rating to a "buy" rating in a research note on Saturday, February 7th. Zacks Research upgraded shares of Regional Management from a "strong sell" rating to a "hold" rating in a research report on Monday, January 5th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Regional Management in a research report on Monday, December 29th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $30.00.

Institutional Investors Weigh In On Regional Management

Several hedge funds and other institutional investors have recently made changes to their positions in RM. Hillsdale Investment Management Inc. purchased a new position in shares of Regional Management during the 3rd quarter worth $3,707,000. CWM LLC grew its holdings in shares of Regional Management by 43.7% in the third quarter. CWM LLC now owns 1,065 shares of the credit services provider's stock valued at $41,000 after purchasing an additional 324 shares during the period. Legato Capital Management LLC acquired a new stake in Regional Management during the fourth quarter worth about $455,000. LSV Asset Management raised its stake in Regional Management by 7.7% during the fourth quarter. LSV Asset Management now owns 338,832 shares of the credit services provider's stock worth $13,130,000 after purchasing an additional 24,232 shares during the period. Finally, State of Alaska Department of Revenue acquired a new position in Regional Management in the 4th quarter valued at about $25,000. Institutional investors and hedge funds own 98.89% of the company's stock.

About Regional Management

Regional Management Corp., headquartered in Wilmington, North Carolina, is a consumer finance company specializing in installment loan products for underbanked individuals. Since its founding in 1977, the company has developed a network of field-based branches alongside a digital platform to offer credit solutions in rural and small-town markets across the United States.

The company's core offerings include consumer installment loans for everyday purchases, auto refinancing and lease buyouts, as well as ancillary services such as insurance referrals.

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