World Acceptance Co. (NASDAQ:WRLD) Insider Sells $73,292.72 in Stock

World Acceptance Co. (NASDAQ:WRLD) insider Luke J. Umstetter sold 488 shares of the business’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $150.19, for a total transaction of $73,292.72. Following the completion of the sale, the insider now directly owns 14,760 shares in the company, valued at $2,216,804.40. This trade represents a 3.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

World Acceptance Stock Down 1.6 %

Shares of NASDAQ:WRLD opened at $144.77 on Friday. World Acceptance Co. has a 52 week low of $101.85 and a 52 week high of $161.63. The company has a debt-to-equity ratio of 1.31, a quick ratio of 22.46 and a current ratio of 22.46. The company’s fifty day moving average is $126.93 and its 200-day moving average is $120.01. The company has a market capitalization of $832.43 million, a PE ratio of 10.11 and a beta of 1.46.

World Acceptance (NASDAQ:WRLD) last issued its earnings results on Tuesday, January 28th. The credit services provider reported $2.45 EPS for the quarter, beating the consensus estimate of $1.23 by $1.22. World Acceptance had a net margin of 14.41% and a return on equity of 19.03%. Equities research analysts predict that World Acceptance Co. will post 14 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On World Acceptance

Several institutional investors and hedge funds have recently made changes to their positions in the company. Numerai GP LLC lifted its position in World Acceptance by 155.4% during the 4th quarter. Numerai GP LLC now owns 6,412 shares of the credit services provider’s stock worth $721,000 after buying an additional 3,901 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in World Acceptance by 4.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,966 shares of the credit services provider’s stock worth $221,000 after buying an additional 76 shares in the last quarter. Deutsche Bank AG lifted its position in World Acceptance by 50.2% during the 4th quarter. Deutsche Bank AG now owns 3,164 shares of the credit services provider’s stock worth $356,000 after buying an additional 1,057 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its position in World Acceptance by 14.8% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 33,632 shares of the credit services provider’s stock worth $3,782,000 after buying an additional 4,329 shares in the last quarter. Finally, Bridgeway Capital Management LLC lifted its position in World Acceptance by 2.6% during the 4th quarter. Bridgeway Capital Management LLC now owns 42,597 shares of the credit services provider’s stock worth $4,790,000 after buying an additional 1,067 shares in the last quarter. Institutional investors and hedge funds own 83.63% of the company’s stock.

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.