Pra Group Inc (NASDAQ:PRAA) Director Geir Olsen sold 116,651 shares of the company’s stock in a transaction on Thursday, August 16th. The stock was sold at an average price of $37.86, for a total transaction of $4,416,406.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Geir Olsen also recently made the following trade(s):

  • On Tuesday, August 14th, Geir Olsen sold 48,725 shares of Pra Group stock. The stock was sold at an average price of $38.62, for a total transaction of $1,881,759.50.

Shares of NASDAQ PRAA opened at $37.05 on Friday. Pra Group Inc has a 12 month low of $25.72 and a 12 month high of $43.75. The firm has a market capitalization of $1.69 billion, a price-to-earnings ratio of 27.86 and a beta of 1.50.

Pra Group (NASDAQ:PRAA) last issued its quarterly earnings data on Tuesday, August 7th. The business services provider reported $0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.01. Pra Group had a net margin of 16.81% and a return on equity of 6.41%. The business had revenue of $221.52 million during the quarter, compared to analyst estimates of $214.17 million. sell-side analysts predict that Pra Group Inc will post 1.68 earnings per share for the current fiscal year.

Several research analysts have commented on the stock. BidaskClub upgraded shares of Pra Group from a “hold” rating to a “buy” rating in a report on Friday, July 6th. ValuEngine lowered shares of Pra Group from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Keefe, Bruyette & Woods set a $35.00 price objective on shares of Pra Group and gave the stock a “hold” rating in a report on Thursday, August 9th. Finally, Oppenheimer restated a “hold” rating on shares of Pra Group in a report on Thursday, May 10th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $35.00.

Several large investors have recently added to or reduced their stakes in PRAA. American Research & Management Co. purchased a new stake in shares of Pra Group in the 2nd quarter worth about $110,000. SG Americas Securities LLC purchased a new stake in shares of Pra Group in the 1st quarter worth about $132,000. We Are One Seven LLC grew its position in shares of Pra Group by 242.7% in the 1st quarter. We Are One Seven LLC now owns 3,691 shares of the business services provider’s stock worth $140,000 after buying an additional 2,614 shares during the period. Zions Bancorporation purchased a new stake in shares of Pra Group in the 1st quarter worth about $171,000. Finally, Victory Capital Management Inc. purchased a new stake in shares of Pra Group in the 1st quarter worth about $182,000.

Pra Group Company Profile

PRA Group, Inc, a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas and Europe. It is involved in the acquisition of accounts that are primarily the unpaid obligations of individuals owed to credit grantors, which include banks and other types of consumer, retail, and auto finance companies.

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