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

World Acceptance Corporation (NASDAQ:WRLD) SVP Alice Lindsay Caulder sold 609 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $181.00, for a total value of $110,229.00. Following the transaction, the senior vice president directly owned 14,682 shares in the company, valued at $2,657,442. This represents a 3.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

World Acceptance Trading Down 0.1%

Shares of WRLD stock opened at $173.01 on Wednesday. The business’s fifty day moving average price is $155.64 and its 200 day moving average price is $144.27. World Acceptance Corporation has a 1-year low of $110.00 and a 1-year high of $185.48. The firm has a market capitalization of $802.77 million, a PE ratio of 23.44 and a beta of 1.19. The company has a debt-to-equity ratio of 1.26, a current ratio of 22.99 and a quick ratio of 22.99.

World Acceptance (NASDAQ:WRLD) last announced its quarterly earnings data on Thursday, April 30th. The credit services provider reported $7.70 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $168.40 million.

Institutional Trading of World Acceptance

Institutional investors have recently bought and sold shares of the company. Intech Investment Management LLC boosted its position in World Acceptance by 677.8% during the third 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 in the last quarter. WINTON GROUP Ltd boosted its position in World Acceptance by 138.1% during the third 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 in the last quarter. American Century Companies Inc. boosted its position in World Acceptance by 14.2% during the third 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 in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in World Acceptance during the third quarter worth $948,000. Finally, SageGuard Financial Group LLC purchased a new stake in World Acceptance during the fourth quarter worth $528,000. 83.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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