Insider Selling: World Acceptance (NASDAQ:WRLD) Insider Sells 89 Shares of Stock

World Acceptance Corporation (NASDAQ:WRLD) insider Daniel Clinton Dyer sold 89 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $150.00, for a total transaction of $13,350.00. Following the completion of the sale, the insider owned 42,497 shares in the company, valued at approximately $6,374,550. This trade represents a 0.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Daniel Clinton Dyer also recently made the following trade(s):

• On Tuesday, December 16th, Daniel Clinton Dyer sold 8,857 shares of World Acceptance stock. The shares were sold at an average price of $149.00, for a total transaction of $1,319,693.00.

World Acceptance Trading Up 0.8%

Shares of WRLD stock traded up $1.13 on Wednesday, reaching $147.97. 43,419 shares of the company’s stock were exchanged, compared to its average volume of 47,359. World Acceptance Corporation has a 52 week low of $104.99 and a 52 week high of $185.48. The stock has a market capitalization of $745.74 million, a PE ratio of 14.16 and a beta of 1.08. The company’s fifty day simple moving average is $149.27 and its 200 day simple moving average is $160.47. The company has a current ratio of 24.16, a quick ratio of 24.16 and a debt-to-equity ratio of 1.60.

World Acceptance (NASDAQ:WRLD) last announced its quarterly earnings data on Thursday, October 23rd. The credit services provider reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.87 by ($2.25). The firm had revenue of $120.12 million during the quarter, compared to the consensus estimate of $127.85 million. World Acceptance had a return on equity of 13.65% and a net margin of 10.00%. As a group, analysts forecast that World Acceptance Corporation will post 14 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on WRLD shares. Zacks Research lowered shares of World Acceptance from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of World Acceptance in a report on Monday. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce”.

Institutional Investors Weigh In On World Acceptance

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. CX Institutional acquired a new stake in shares of World Acceptance during the third quarter worth about $6,258,000. Bridgeway Capital Management LLC grew its stake in World Acceptance by 33.1% during the 2nd quarter. Bridgeway Capital Management LLC now owns 57,928 shares of the credit services provider’s stock worth $9,565,000 after purchasing an additional 14,406 shares in the last quarter. AQR Capital Management LLC increased its holdings in World Acceptance by 51.1% during the 2nd quarter. AQR Capital Management LLC now owns 41,380 shares of the credit services provider’s stock worth $6,833,000 after purchasing an additional 13,999 shares during the period. American Century Companies Inc. boosted its stake in shares of World Acceptance by 20.9% in the 2nd quarter. American Century Companies Inc. now owns 74,973 shares of the credit services provider’s stock valued at $12,380,000 after buying an additional 12,954 shares during the period. Finally, BNP Paribas Financial Markets lifted its position in shares of World Acceptance by 95.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 24,400 shares of the credit services provider’s stock worth $4,127,000 after purchasing an additional 11,905 shares during the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

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.