Regional Management (NYSE:RM) Major Shareholder Sells $669,932.12 in Stock

Key Points

• Forager Fund L.P.10% holder with 994,263 shares (a 1.74% reduction).
• Company executives also sold significant stakes: EVP Brian J. Fisher disposed of ~8,457 shares (~$322k) and EVP Harpreet Rana sold ~17,987 shares (~$685k), with Rana’s transactions including an approximate 32% reduction in her holdings.
• Regional Management trades near $38.50 with a market cap of ~$359.3M, a P/E of 8.65, recently reported a quarterly EPS of $1.30 (beating estimates), and pays a $0.30 quarterly dividend (≈3.1% yield).

Regional Management Corp. (NYSE:RM - Get Free Report) major shareholder Fund L.P. Forager sold 17,602 shares of the company's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $38.06, for a total value of $669,932.12. Following the sale, the insider directly owned 994,263 shares of the company's stock, valued at $37,841,649.78. The trade was a 1.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% of a company's stock are required to disclose their transactions 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 stock was sold at an average price of $38.48, for a total transaction of $493,582.96.
• 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 Stock Performance

Shares of NYSE:RM traded up $0.29 during midday trading on Thursday, hitting $38.51. The company's stock had a trading volume of 58,993 shares, compared to its average volume of 59,522. Regional Management Corp. has a fifty-two week low of $26.06 and a fifty-two week high of $46.00. The company has a debt-to-equity ratio of 4.40, a quick ratio of 49.92 and a current ratio of 49.92. The stock has a market capitalization of $359.26 million, a price-to-earnings ratio of 8.65 and a beta of 1.03. The stock's 50 day simple moving average is $33.44 and its 200 day simple moving average 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 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.07. Regional Management had a return on equity of 12.12% and a net margin of 6.88%.The firm had revenue of ($165.49) million during the quarter, compared to the consensus estimate of $167.90 million. As a group, research analysts anticipate that Regional Management Corp. will post 4.7 earnings per share for the current year.

Regional Management Announces Dividend

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

Analyst Upgrades and Downgrades

RM has been the subject of a number of research analyst reports. Zacks Research raised shares of Regional Management from a "strong sell" rating to a "hold" rating in a research report 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 lowered Regional Management from a "strong-buy" rating to a "buy" rating in a report on Saturday, February 7th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $30.00.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue bought a new position in Regional Management during the fourth quarter worth about $25,000. Wexford Capital LP acquired a new position in shares of Regional Management in the 3rd quarter worth approximately $32,000. Advisory Services Network LLC acquired a new position in shares of Regional Management in the 3rd quarter worth approximately $39,000. CWM LLC lifted its position in shares of Regional Management by 43.7% during the 3rd quarter. CWM LLC now owns 1,065 shares of the credit services provider's stock worth $41,000 after buying an additional 324 shares during the period. Finally, Kestra Advisory Services LLC bought a new position in shares of Regional Management during the 4th quarter worth approximately $49,000. Institutional investors and hedge funds own 98.89% of the company's stock.

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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