World Acceptance (NASDAQ:WRLD) SVP Alice Lindsay Caulder Sells 609 Shares

World Acceptance Corporation (NASDAQ:WRLD) SVP Alice Lindsay Caulder sold 609 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $181.00, for a total transaction of $110,229.00. Following the completion of the transaction, the senior vice president directly owned 14,682 shares of the company’s stock, valued at approximately $2,657,442. The trade was a 3.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

World Acceptance Stock Performance

NASDAQ WRLD opened at $173.15 on Tuesday. The firm’s fifty day moving average price is $154.97 and its two-hundred day moving average price is $144.15. The stock has a market cap of $803.42 million, a PE ratio of 23.46 and a beta of 1.19. World Acceptance Corporation has a fifty-two week low of $110.00 and a fifty-two week high of $185.48. The company has a debt-to-equity ratio of 1.26, a quick ratio of 22.99 and a current ratio of 22.99.

World Acceptance (NASDAQ:WRLD) last announced its quarterly earnings results on Thursday, April 30th. The credit services provider reported $7.70 EPS for the quarter, missing analysts’ consensus estimates of $7.74 by ($0.04). World Acceptance had a net margin of 5.98% and a return on equity of 9.36%. The firm had revenue of $164.31 million during the quarter, compared to the consensus estimate of $168.40 million.

Institutional Investors Weigh In On World Acceptance

A number of institutional investors have recently added to or reduced their stakes in WRLD. Intech Investment Management LLC boosted its holdings in World Acceptance by 677.8% in the third quarter. Intech Investment Management LLC now owns 11,582 shares of the credit services provider’s stock valued at $1,959,000 after acquiring an additional 10,093 shares during the last quarter. WINTON GROUP Ltd raised its holdings in World Acceptance by 138.1% during the 3rd quarter. WINTON GROUP Ltd now owns 20,241 shares of the credit services provider’s stock worth $3,424,000 after purchasing an additional 11,741 shares during the last quarter. American Century Companies Inc. lifted its position in shares of World Acceptance by 14.2% in the 3rd quarter. American Century Companies Inc. now owns 85,622 shares of the credit services provider’s stock worth $14,482,000 after purchasing an additional 10,649 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of World Acceptance in the 3rd quarter worth approximately $948,000. Finally, SageGuard Financial Group LLC bought a new stake in shares of World Acceptance in the 4th quarter valued at $528,000. 83.63% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of World Acceptance in a research report on Friday, March 27th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, World Acceptance presently has a consensus rating of “Hold”.

About World Acceptance

World Acceptance Corporation (NASDAQ: WRLD) is a consumer finance company headquartered in Greenville, South Carolina. Founded in 1972, the company provides credit solutions to underserved customers who may have limited access to traditional banking services. Over the decades, World Acceptance has built a reputation for tailored lending that emphasizes responsible underwriting and personalized customer service.

The company’s core product offerings include short-term installment loans designed to meet the immediate financial needs of its clients.