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

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 stock was 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 owned 14,682 shares in the company, valued at approximately $2,657,442. This trade represents a 3.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

World Acceptance Price Performance

Shares of NASDAQ:WRLD opened at $173.40 on Thursday. World Acceptance Corporation has a twelve month low of $110.00 and a twelve month high of $185.48. The company’s 50 day moving average is $156.23 and its 200 day moving average is $144.40. The company has a current ratio of 22.99, a quick ratio of 22.99 and a debt-to-equity ratio of 1.26. The company has a market cap of $804.58 million, a PE ratio of 23.50 and a beta of 1.19.

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

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On World Acceptance

Hedge funds and other institutional investors have recently made changes to their positions in the company. Intech Investment Management LLC grew its stake in shares of World Acceptance by 677.8% during the 3rd quarter. Intech Investment Management LLC now owns 11,582 shares of the credit services provider’s stock worth $1,959,000 after purchasing an additional 10,093 shares during the period. WINTON GROUP Ltd grew its stake in shares of 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 period. American Century Companies Inc. grew its stake in shares of World Acceptance by 14.2% during 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 stake in shares of World Acceptance during the 3rd quarter worth approximately $948,000. Finally, SageGuard Financial Group LLC acquired a new stake in shares of World Acceptance during the 4th quarter worth approximately $528,000. Institutional investors and hedge funds own 83.63% of the company’s stock.

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.