Insider Selling: Encore Capital Group (NASDAQ:ECPG) Insider Sells $164,160.00 in Stock

Encore Capital Group Inc (NASDAQ:ECPG) insider John Yung sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $82.08, for a total value of $164,160.00. Following the completion of the sale, the insider owned 64,570 shares of the company’s stock, valued at $5,299,905.60. The trade was a 3.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Encore Capital Group Stock Up 1.1%

Shares of NASDAQ ECPG opened at $81.34 on Friday. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 6.31 and a beta of 1.30. The stock has a 50 day moving average price of $80.19 and a 200 day moving average price of $66.45. Encore Capital Group Inc has a 52-week low of $35.67 and a 52-week high of $92.64.

Encore Capital Group (NASDAQ:ECPG) last announced its quarterly earnings results on Wednesday, May 6th. The asset manager reported $3.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.84. The firm had revenue of $475.41 million during the quarter, compared to analyst estimates of $446.26 million. Encore Capital Group had a return on equity of 30.70% and a net margin of 16.00%.Encore Capital Group’s quarterly revenue was up 21.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.93 earnings per share. Encore Capital Group has set its FY 2026 guidance at 13.000-13.000 EPS. Sell-side analysts expect that Encore Capital Group Inc will post 13.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Zacks Research upgraded Encore Capital Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Citizens Jmp upped their target price on Encore Capital Group from $90.00 to $108.00 and gave the stock a “market outperform” rating in a report on Thursday, May 7th. Citigroup restated an “outperform” rating on shares of Encore Capital Group in a report on Thursday, May 7th. Weiss Ratings lowered Encore Capital Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Finally, Truist Financial upped their target price on Encore Capital Group from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $86.25.

Institutional Trading of Encore Capital Group

A number of hedge funds have recently bought and sold shares of ECPG. IFP Advisors Inc lifted its holdings in Encore Capital Group by 1,729.6% during the fourth quarter. IFP Advisors Inc now owns 494 shares of the asset manager’s stock worth $27,000 after buying an additional 467 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Encore Capital Group by 185.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 717 shares of the asset manager’s stock worth $39,000 after buying an additional 466 shares during the period. Allworth Financial LP increased its position in shares of Encore Capital Group by 29.1% during the fourth quarter. Allworth Financial LP now owns 1,139 shares of the asset manager’s stock worth $62,000 after purchasing an additional 257 shares in the last quarter. LSV Asset Management acquired a new position in shares of Encore Capital Group during the third quarter worth $88,000. Finally, Tower Research Capital LLC TRC increased its position in shares of Encore Capital Group by 168.9% during the second quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the asset manager’s stock worth $105,000 after purchasing an additional 1,706 shares in the last quarter.

About Encore Capital Group

Encore Capital Group, Inc is a global specialty finance company that focuses on the purchase and management of nonperforming consumer receivables. Through its subsidiaries, the company acquires charged-off debt portfolios from credit card issuers, banks, and other financial institutions, and seeks to recover outstanding balances through a combination of customer outreach, payment arrangements, and, where appropriate, legal collection efforts. Encore’s business model emphasizes compliance with regulatory and industry standards to ensure ethical and transparent debt-recovery practices.

Headquartered in San Diego, California, Encore operates across North America and Europe.