Scott Mcintyre Sells 2,000 Shares of World Acceptance Co. (NASDAQ:WRLD) Stock

World Acceptance Co. (NASDAQ:WRLD) SVP Scott Mcintyre sold 2,000 shares of the business’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $150.22, for a total value of $300,440.00. Following the completion of the sale, the senior vice president now owns 7,183 shares in the company, valued at approximately $1,079,030.26. This trade represents a 21.78 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

World Acceptance Stock Performance

WRLD opened at $144.77 on Friday. World Acceptance Co. has a 52-week low of $101.85 and a 52-week high of $161.63. The firm has a market capitalization of $832.43 million, a PE ratio of 10.11 and a beta of 1.46. The company has a debt-to-equity ratio of 1.31, a quick ratio of 22.46 and a current ratio of 22.46. The business’s 50-day simple moving average is $126.93 and its 200 day simple moving average is $120.01.

World Acceptance (NASDAQ:WRLD) last released its quarterly earnings data on Tuesday, January 28th. The credit services provider reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $1.22. World Acceptance had a return on equity of 19.03% and a net margin of 14.41%. As a group, sell-side analysts expect that World Acceptance Co. will post 14 earnings per share for the current fiscal year.

Institutional Trading of World Acceptance

Several institutional investors and hedge funds have recently bought and sold shares of WRLD. KLP Kapitalforvaltning AS acquired a new position in shares of World Acceptance in the fourth quarter valued at approximately $56,000. FMR LLC grew its position in shares of World Acceptance by 19.0% in the third quarter. FMR LLC now owns 822 shares of the credit services provider’s stock valued at $97,000 after purchasing an additional 131 shares during the last quarter. Amundi grew its position in shares of World Acceptance by 195.7% in the fourth quarter. Amundi now owns 1,591 shares of the credit services provider’s stock valued at $180,000 after purchasing an additional 1,053 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of World Acceptance by 48.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,643 shares of the credit services provider’s stock valued at $185,000 after purchasing an additional 539 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in shares of World Acceptance by 10.0% in the third quarter. HighTower Advisors LLC now owns 1,791 shares of the credit services provider’s stock valued at $211,000 after purchasing an additional 163 shares during the last quarter. Institutional investors own 83.63% of the company’s stock.

Analyst Ratings Changes

WRLD has been the topic of a number of research reports. Stephens initiated coverage on World Acceptance in a report on Wednesday, November 13th. They issued an “equal weight” rating and a $10.00 price target on the stock. StockNews.com upgraded World Acceptance from a “buy” rating to a “strong-buy” rating in a report on Monday, January 13th.

About World Acceptance

World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.