Kelly M. Malson Acquires 1,943 Shares of Nicholas Financial, Inc. (NICK) Stock

Share on StockTwits

Nicholas Financial, Inc. (NASDAQ:NICK) CFO Kelly M. Malson bought 1,943 shares of the business’s stock in a transaction on Monday, April 15th. The stock was bought at an average cost of $9.67 per share, for a total transaction of $18,788.81. Following the purchase, the chief financial officer now directly owns 37,133 shares of the company’s stock, valued at approximately $359,076.11. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

NASDAQ:NICK traded up $0.11 during mid-day trading on Monday, hitting $9.44. The company had a trading volume of 4,100 shares, compared to its average volume of 5,110. Nicholas Financial, Inc. has a fifty-two week low of $8.36 and a fifty-two week high of $12.50. The firm has a market capitalization of $116.64 million, a price-to-earnings ratio of 57.75 and a beta of 0.59.

Nicholas Financial (NASDAQ:NICK) last released its earnings results on Friday, February 1st. The credit services provider reported ($0.17) earnings per share for the quarter. Nicholas Financial had a net margin of 2.33% and a return on equity of 1.22%. The company had revenue of $16.74 million during the quarter.

Large investors have recently added to or reduced their stakes in the business. O Shaughnessy Asset Management LLC bought a new stake in shares of Nicholas Financial in the fourth quarter worth about $56,000. Price Wealth Management Inc. bought a new stake in shares of Nicholas Financial in the fourth quarter worth about $624,000. Wedbush Securities Inc. increased its holdings in shares of Nicholas Financial by 1.2% in the fourth quarter. Wedbush Securities Inc. now owns 114,233 shares of the credit services provider’s stock worth $1,188,000 after acquiring an additional 1,400 shares in the last quarter. FMR LLC increased its holdings in shares of Nicholas Financial by 2.3% in the third quarter. FMR LLC now owns 443,622 shares of the credit services provider’s stock worth $5,239,000 after acquiring an additional 9,879 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Nicholas Financial by 2.1% in the third quarter. Dimensional Fund Advisors LP now owns 505,216 shares of the credit services provider’s stock worth $5,967,000 after acquiring an additional 10,548 shares in the last quarter. 36.73% of the stock is currently owned by hedge funds and other institutional investors.

NICK has been the topic of several analyst reports. TheStreet raised Nicholas Financial from a “d+” rating to a “c-” rating in a research note on Wednesday, February 13th. ValuEngine raised Nicholas Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd.

ILLEGAL ACTIVITY NOTICE: “Kelly M. Malson Acquires 1,943 Shares of Nicholas Financial, Inc. (NICK) Stock” was reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this report on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this report can be read at https://www.tickerreport.com/banking-finance/4295395/kelly-m-malson-acquires-1943-shares-of-nicholas-financial-inc-nick-stock.html.

Nicholas Financial Company Profile

Nicholas Financial, Inc operates as a specialized consumer finance company in the United States. The company engages in acquiring and servicing automobile finance installment contracts for the purchase of new and used automobiles and light trucks. It also originates direct consumer loans and sells consumer-finance related products.

Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks

Insider Buying and Selling by Quarter for Nicholas Financial (NASDAQ:NICK)

Receive News & Ratings for Nicholas Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nicholas Financial and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Signal Token Trading Up 136.8% Over Last Week
Signal Token Trading Up 136.8% Over Last Week
SAP  and Cornerstone OnDemand  Head to Head Survey
SAP and Cornerstone OnDemand Head to Head Survey
Verastem  Price Target Cut to $4.00 by Analysts at Roth Capital
Verastem Price Target Cut to $4.00 by Analysts at Roth Capital
APIS  Price Hits $0.0019
APIS Price Hits $0.0019
Brokerages Set M&T Bank Co.  Target Price at $178.91
Brokerages Set M&T Bank Co. Target Price at $178.91
Indicoin 1-Day Trading Volume Reaches $1,170.00
Indicoin 1-Day Trading Volume Reaches $1,170.00


© 2006-2019 Ticker Report