World Acceptance Co. (NASDAQ:WRLD) SVP Sells $300,440.00 in Stock

World Acceptance Co. (NASDAQ:WRLD) SVP Scott Mcintyre sold 2,000 shares of the firm’s stock in a transaction on Friday, February 14th. The shares were sold at an average price of $150.22, for a total transaction of $300,440.00. Following the completion of the sale, the senior vice president now owns 7,183 shares in the company, valued at $1,079,030.26. The trade was a 21.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

World Acceptance Stock Down 0.9 %

NASDAQ:WRLD traded down $1.37 during midday trading on Tuesday, hitting $150.88. 4,283 shares of the company were exchanged, compared to its average volume of 25,791. The company has a current ratio of 22.46, a quick ratio of 19.53 and a debt-to-equity ratio of 1.31. The company has a market capitalization of $867.56 million, a PE ratio of 10.54 and a beta of 1.46. World Acceptance Co. has a fifty-two week low of $101.85 and a fifty-two week high of $161.63. The company has a fifty day simple moving average of $125.29 and a 200 day simple moving average of $119.37.

World Acceptance (NASDAQ:WRLD) last posted its quarterly earnings data on Tuesday, January 28th. The credit services provider reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $1.23 by $1.22. World Acceptance had a net margin of 14.41% and a return on equity of 19.03%. As a group, equities analysts anticipate that World Acceptance Co. will post 14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on WRLD. StockNews.com upgraded shares of World Acceptance from a “buy” rating to a “strong-buy” rating in a research note on Monday, January 13th. Stephens began coverage on shares of World Acceptance in a research note on Wednesday, November 13th. They set an “equal weight” rating and a $10.00 price target on the stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Northern Trust Corp increased its stake in World Acceptance by 13.4% in the fourth quarter. Northern Trust Corp now owns 64,584 shares of the credit services provider’s stock valued at $7,262,000 after purchasing an additional 7,622 shares during the period. American Century Companies Inc. increased its stake in World Acceptance by 11.0% in the fourth quarter. American Century Companies Inc. now owns 53,014 shares of the credit services provider’s stock valued at $5,961,000 after purchasing an additional 5,245 shares during the period. Bridgeway Capital Management LLC increased its stake in World Acceptance by 2.6% in the fourth quarter. Bridgeway Capital Management LLC now owns 42,597 shares of the credit services provider’s stock valued at $4,790,000 after purchasing an additional 1,067 shares during the period. Renaissance Technologies LLC increased its stake in World Acceptance by 5.3% in the fourth quarter. Renaissance Technologies LLC now owns 34,400 shares of the credit services provider’s stock valued at $3,868,000 after purchasing an additional 1,734 shares during the period. Finally, D. E. Shaw & Co. Inc. boosted its holdings in shares of World Acceptance by 14.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 33,632 shares of the credit services provider’s stock valued at $3,782,000 after acquiring an additional 4,329 shares in 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.