Regional Management (NYSE:RM) Major Shareholder Fund L.P. Forager Sells 7,398 Shares

Key Points

• Forager Fund L.P., a >10% shareholder, sold roughly 37,800 shares of Regional Management across April 14–16 for about $1.44 million, modestly reducing its stake but still holding ~1,011,865 shares valued near $38.5M.
• Senior insiders also sold significant stock: EVP Brian J. Fisher disposed of ~8,457 shares (~$322k) and EVP Harpreet Rana sold ~17,987 shares (~$685k), with Rana’s trades showing a meaningful (~32%) reduction in her stake—moves that may pressure sentiment.
• Regional Management trades around $38.50 (market cap ≈ $359M), posted an EPS beat last quarter ($1.30 vs. $1.23), and pays a quarterly $0.30 dividend (annualized yield ~3.1%) while analysts maintain a consensus "Hold" with a $30 average price target.

Regional Management Corp. (NYSE:RM - Get Free Report) major shareholder Fund L.P. Forager sold 7,398 shares of the business's stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $38.02, for a total value of $281,271.96. Following the transaction, the insider directly owned 1,011,865 shares in the company, valued at $38,471,107.30. This trade represents a 0.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own 10% or more 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 Thursday, April 16th, Fund L.P. Forager sold 12,827 shares of Regional Management stock. The shares were sold at an average price of $38.48, for a total transaction of $493,582.96.
• On Wednesday, April 15th, Fund L.P. Forager sold 17,602 shares of Regional Management stock. The shares were sold at an average price of $38.06, for a total value of $669,932.12.

Regional Management Stock Performance

RM stock traded up $0.29 during midday trading on Thursday, reaching $38.51. 58,993 shares of the company were exchanged, compared to its average volume of 59,522. Regional Management Corp. has a one year low of $26.06 and a one year high of $46.00. The firm has a market capitalization of $359.26 million, a price-to-earnings ratio of 8.65 and a beta of 1.03. The business has a 50-day moving average price of $33.44 and a two-hundred day moving average price of $36.76. 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 (NYSE:RM - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The credit services provider reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.07. Regional Management had a net margin of 6.88% and a return on equity of 12.12%. The firm had revenue of ($165.49) million during the quarter, compared to the consensus estimate of $167.90 million. Equities research analysts forecast that Regional Management Corp. will post 4.7 EPS for the current year.

Regional Management Announces Dividend

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

Regional Management News Summary

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.

Hedge Funds Weigh In On Regional Management

Hedge funds and other institutional investors have recently made changes to their positions in the company. State of Alaska Department of Revenue bought a new stake in shares of Regional Management during the 4th quarter worth approximately $25,000. Wexford Capital LP acquired a new stake in shares of Regional Management during the 3rd quarter worth approximately $32,000. Advisory Services Network LLC bought a new position in Regional Management in the third quarter valued at approximately $39,000. CWM LLC raised its position in Regional Management by 43.7% during 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 in the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in Regional Management during the fourth quarter valued at approximately $49,000. 98.89% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Regional Management Company Profile

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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